Aktienanalyse zu Coastal Financial Corp (EVERETT) (CCB)CCBCoastal Financial Corp (EVERETT)

Coastal Financial Corporation is a bank holding company, whose wholly owned subsidiaries are Coastal Community Bank (Bank) and Arlington Olympic LLC (LLC). It operates through three segments: The Community Bank, CCBX and Treasury & Administration. The Community bank segment includes all community banking activities, with a primary focus on providing a wide range of banking products and services to consumers and small to medium-sized businesses in the broader Puget Sound region in the state of Washington and through the Internet and its mobile banking application. It operates in about 14 full-service banking locations, 12 of which are in Snohomish County. The CCBX segment provides banking as a service (BaaS) that allows its digital financial service providers, companies and brands to offer their customers banking services. The Treasury & Administration segment includes investments, debt and other reporting items that are not specific to the community bank or CCBX segments. It operates in the Financials sector (STATE COMMERCIAL BANKS industry).

Coastal Financial Corp (CCB) is currently not a strong buy due to significant recent challenges, including a Q2 net loss of $42.1 million and an EPS of -$2.76, which missed expectations by $3.77. Although the stock has seen a 7.62% increase over the last five days, the RSI is at 74.111, indicating it may be overbought. The upcoming earnings report on October 29 could provide more clarity, but the risk of further declines remains, especially with insider selling increasing by 1195.92% over the last month.

2 analysts cover CCB: 1 rate it Buy, 1 Hold and 0 Sell. The average price target is 155.00.