Análisis de la acción 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 is not a good buy right now due to significant recent losses and management instability. The stock is currently priced at $48.48, but it reported a Q2 net loss of $42.1 million, leading to an EPS of -$2.76, which is a major concern for potential investors. Additionally, insider selling has surged by 1195.92%, indicating a lack of confidence from those closest to the company. The forward P/E ratio is 16.72, suggesting that the stock may not be undervalued despite its recent price drop.

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