Coastal Financial Corporation (CCB) Stock

Coastal Financial Corporation (CCB) is a Financials stock trading at $46.32 (as of 2026-08-21), with a market capitalization of $708.06M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small to medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington. It accepts a range of deposit products, including demand and savings accounts, time deposits, and money market accounts. The company offers commercial and industrial loans, including term loans, small business administration loans, commercial lines of credit, working capital loans, equipment financing, borrowing base loans, and other loan products; owner-occupied and non-owner-occupied real estate loans, and multi-family residential loans; construction and land development loans; residential real estate loans; and consumer and other loans, including automobile, boat and recreational vehicle, and secured term loans, as well as overdraft protection. It also provides remote deposit capture, online and mobile banking, and direct and reciprocal deposit services, as well as debit cards. In addition, the company offers business accounts and cash management services, including business checking and savings accounts, and treasury services, as well as banking as a service (BaaS), a platform that allows broker dealers and digital financial service providers to offer their clients banking services. It operates 14 full-service banking locations. Coastal Financial Corporation was founded in 1997 and is headquartered in Everett, Washington.

Understand Coastal Financial Corporation: how it makes money

Coastal Financial Corporation is a bank holding company that provides deposits and commercial lending (for small to medium-sized businesses, professionals, and individuals), and it also earns revenue from Banking as a Service activities including selling loans and credit enhancement and fraud enhancement services.

Profit is structurally driven by Banking as a Service scale, where the company funds activity through on-balance-sheet deposits, originates and sells loans, and also generates incremental fee-style revenue from credit enhancement and fraud enhancement.

Revenue by segment (latest quarter)
CoreNet$0.1B
CreditEnh$0.1B

Business quality (Mixed): Useful operating KPIs are available, but the provided segment view appears limited to Core Net Revenue and Credit Enhancement and Fraud Enhancement Revenue, so the full mapping of all revenue sources is not fully shown in the facts provided.

Valuation: At 23× earnings, CCB trades 81% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Deposits and loan selling show operating scale: For 2026-03-31, Banking as a Service Deposits (On-Balance Sheet) are 3.47 USD_B and Loans Sold are 3.28 USD_B, indicating the company is actively funding and executing its loan selling model.
  • Credit and fraud enhancement is a visible revenue stream: Credit Enhancement and Fraud Enhancement Revenue is 0.05 USD_B, supporting the idea that results are not dependent only on traditional lending economics.

Bear case

  • Credit losses can still matter even with loans sold: The facts include Community Bank as a Service Loans at Risk (portion responsible for losses) of 0.02 USD_B and Community Banking as a Service Loans for which the company is responsible for losses of 0.02 USD_B, which implies some retained exposure.
  • Revenue mix may be sensitive to activity levels: Core Net Revenue (0.06 USD_B) and Credit Enhancement and Fraud Enhancement Revenue (0.05 USD_B) together represent the segment view provided, so changes in deposits and loan selling activity could shift results.
Valuation — source: SEC EDGAR (first-party)
Price$46.32
Market Cap$708.06M
EV / EBITDA-51.3
Price / Book1.53
Price / Sales1.58
FCF Yield37.0%
DCF Value (model)$53.89
DCF Upside vs Price16.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$429.62M
Net Margin10.9%
Revenue Growth (YoY)10.0%
EPS Growth (YoY)-478.1%
FCF Growth (YoY)16.7%
Valuation vs Sector & Industry
Sector P/E (Financials)15.1
Industry P/E (Banking)13.0
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderT. Rowe Price Investment Management, Inc. ($97.03M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEOEric Sprink
Employees488
CountryUS
IPO Date2018-07-19

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

  • Capital City Bank Group, Inc. (CCBG)
  • Great Southern Bancorp, Inc. (GSBC)
  • Eagle Bancorp, Inc. (EGBN)
  • South Plains Financial, Inc. (SPFI)
  • Orrstown Financial Services, Inc. (ORRF)
  • Independent Bank Corporation (IBCP)
  • Washington Trust Bancorp, Inc. (WASH)
  • Community West Bancshares (CWBC)
CCB earnings history · CCB institutional & insider holders · CCB KPIs & operating metrics · CCB financials · CCB investor presentations & press releases · CCB SEC filings · CCB peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.