Coastal Financial (CCB)

Market Price (11/13/2026): $43.25 | Market Cap: $661.4 MilSector: Financials | Industry: Regional Banks

Coastal Financial (CCB)

Market Price (11/13/2026): $43.25
Market Cap: $661.4 Mil
Sector: Financials
Industry: Regional Banks

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -114%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 55%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 53%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -44%

Attractive yield
FCF Yield is 37%

Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments.

Weak multi-year price returns
2Y Excs Rtn is -66%, 3Y Excs Rtn is -63%

Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -0.2%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.8%

Key risks
CCB key risks include [1] an insufficient allowance for credit losses and persistent net charge-offs in its commercial and business lending portfolio, Show more.

0	Cash is significant % of market cap Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -114%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 55%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 53%
2	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -44%
3	Attractive yield FCF Yield is 37%
4	Megatrend and thematic drivers Megatrends include Fintech & Digital Payments. Themes include Online Banking & Lending, and Digital Payments.
5	Weak multi-year price returns 2Y Excs Rtn is -66%, 3Y Excs Rtn is -63%
6	Weak revenue growth Rev Chg QQuarterly Revenue Change % is -0.2%
7	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -5.8%
8	Key risks CCB key risks include [1] an insufficient allowance for credit losses and persistent net charge-offs in its commercial and business lending portfolio, Show more.

CCB in ETFs

Weight = CCB's share of each fund

VTI0.00%

ITOT0.00%

IWM0.02%

KRE0.28%

IWO0.04%

VTWO0.02%

SCHA0.01%

DFAS0.01%

+3 more covered ETFs

Valuation & Metrics

FYE: 12/31	Forward FYE		Now	Historical (CYE & TTM)
	2027	2026	11/13/26	2025	2024	2023	2022
Share Price			$43.25	$114.59	$84.91	$44.41	$47.52
Mkt Cap ($ Mil)			661.4	1,732.2	1,203.5	590.1	619.3
+ Debt ($ Mil)			52.4	53.0	53.3	53.9	52.8
- Cash ($ Mil)			803.6	737.0	452.5	483.1	342.1
TEV ($ Mil)			-89.8	1,785.2	1,256.8	644.0	672.1
Valuation Ratios
P/S	1.0	1.1	1.4	4.3	2.7	1.7	2.9
P/EBIT	6.5	176.0	-	-	-	-	-
P/E	8.3	224.2	-180.5	36.9	26.6	13.2	15.2
P/FCF	—	—	2.7	7.0	4.8	3.2	9.6
Sector Ratios (* = sector average)
P/S *			3.2	3.1	3.1	2.7	2.8
P/EBIT *			6.7	7.7	8.5	7.5	7.2
P/E *			11.3	11.0	11.6	10.1	9.4
P/FCF *			8.6	9.0	9.0	7.9	6.4

FYE: 12/31	Forward FYE		Now
	2027	2026	11/13/26
Share Price			$43.25
Mkt Cap ($ Mil)			661.4
+ Debt ($ Mil)			52.4
- Cash ($ Mil)			803.6
TEV ($ Mil)			-89.8
Valuation Ratios
P/S	1.0	1.1	1.4
P/EBIT	6.5	176.0	-
P/E	8.3	224.2	-180.5
P/FCF	—	—	2.7
Sector Ratios (* = sector average)
P/S *			3.2
P/EBIT *			6.7
P/E *			11.3
P/FCF *			8.6

FYE: 12/31	CCB [1]	S&P 500 [2]
REVENUE GROWTH
LTM Revenue [3]	$457.9 Mil	—
FY 2026 Sales	$584.7 Mil	—
FY 2027 Sales	$635.7 Mil	—
FY 2026 Sales Growth	27.7%	—
FY 2027 Sales Growth	8.7%	8.6%
EARNINGS
LTM Net Income (GAAP) [3]	$-3.7 Mil	—
FY 2026 Net Income (Non-GAAP)	$3.0 Mil	—
FY 2027 Net Income (Non-GAAP)	$80.1 Mil	—
FY 2027 Net Income Growth	2,616.3%	12.8%
FY 2026 EPS (Non-GAAP)	$0.18	—
FY 2027 EPS (Non-GAAP)	$5.18	—
FY 2027 EPS Growth	2,779.2%	—
VALUATION
FY 2026 P/S	1.1	1.7
FY 2027 P/S	1.0	—
FY 2026 P/E	224.2	8.9
FY 2027 P/E	8.3	—

[1] CCB forward figures are analyst consensus for the next two fiscal years (fiscal year end 12/31). Net Income and EPS are non-GAAP (adjusted) consensus. P/S and P/E divide the current market cap by the consensus figure.
[2] S&P 500 figures are the SPY ETF's holdings-weighted forward aggregate. P/S and P/E reflect FY1/FY2 consensus blended to the 12-month window ending 11/30/27 (~one year forward), shown when ≥90% of index weight has estimates. Growth is the aggregate next-fiscal-year vs current-fiscal-year (FY1→FY2) change. Index-level dollar Sales, Net Income and EPS are not applicable.
[3] LTM = reported trailing-twelve-month actuals (GAAP).

	CCB	S&P 500
REVENUE GROWTH
Rev LTM ($ Bil)	0.5
Rev Chg Q	-0.2%	8.8%
Rev Chg LTM	11.8%	8.7%
Rev Chg 3Y Avg	13.6%	6.5%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	�
CFO LTM ($ Bil)	0.3
Net Inc LTM ($ Bil)	-0.0
CFO/Rev LTM	55.2%	21.4%
Net Inc Mgn	-0.8%	13.5%
VALUATION	LOW
P/S	1.4	3.2
P/CFO	2.6	15.4
P/FCF	2.7	20.5
P/E	-180.5	21.9

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Metric	Value	Date	Source
BaaS program fee income	7600000	9302025	Link
Credit cards with fee earning potential	237024	3312025	Link
CCBX partners in testing	2	6302025	Link
CCBX partners in implementation/onboarding	2	6302025	Link
CCBX partners with signed letters of intent (LOI)	5	6302025	Link
Percentage of CCBX loan partner balances indemnified against credit risk	98.9%	9302025	Link
CCBX loans sold	1620000000	9302025	Link

Price Chart

Recent
10/29/2026	Earnings Release	Rev: $149 Mil (A) vs. $158 Mil (E) EPS: 0.89 (A) vs. $0.96 (E)
Upcoming
1/28/2027	Earnings Release	Rev: $145 Mil (E) EPS: $0.96 (E)

Why The Stock Moved

Qualitative Assessment

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Prices as of 11/12/2026

Oct 29: down 7.4% on its earnings report (S&P 500 down 0.4%)
The stock fell following the release of third quarter 2026 results, as diluted EPS of $0.89 missed the consensus estimate of $0.99 per share.

Up 25.5% from its Sep 28 low to Oct 28, down 8.3% since (S&P 500 up 0.9%)
The stock experienced a substantial run, notably on September 29 when it surged without specific company news. Later, the announcement of Coastal Community Bank's $5 million commitment to small business growth on October 14 contributed to the rise on October 15.

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Stock Movement Drivers

Fundamental Drivers

The 5.5% change in CCB stock from 7/31/2026 to 11/12/2026 was primarily driven by a 12.0% change in the company's Total Revenues ($ Mil).

(LTM values as of)	7312026	11122026	Change
Stock Price ($)	40.99	43.24	5.5%
Change Contribution By:
Total Revenues ($ Mil)	409	458	12.0%
P/S Multiple	1.5	1.4	-5.3%
Shares Outstanding (Mil)	15	15	-0.5%
Cumulative Contribution			5.5%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2026 to 11/12/2026

	Return	Correlation
CCB	5.5%
Market (SPY)	1.4%	26.1%
Sector (XLF)	2.2%	36.5%

Fundamental Drivers

The -42.8% change in CCB stock from 4/30/2026 to 11/12/2026 was primarily driven by a -49.0% change in the company's P/S Multiple.

(LTM values as of)	4302026	11122026	Change
Stock Price ($)	75.62	43.24	-42.8%
Change Contribution By:
Total Revenues ($ Mil)	405	458	13.2%
P/S Multiple	2.8	1.4	-49.0%
Shares Outstanding (Mil)	15	15	-0.9%
Cumulative Contribution			-42.8%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 11/12/2026

	Return	Correlation
CCB	-42.8%
Market (SPY)	5.6%	3.3%
Sector (XLF)	12.1%	21.6%

Fundamental Drivers

The -59.4% change in CCB stock from 10/31/2025 to 11/12/2026 was primarily driven by a -62.6% change in the company's P/S Multiple.

(LTM values as of)	10312025	11122026	Change
Stock Price ($)	106.50	43.24	-59.4%
Change Contribution By:
Total Revenues ($ Mil)	416	458	10.0%
P/S Multiple	3.8	1.4	-62.6%
Shares Outstanding (Mil)	15	15	-1.5%
Cumulative Contribution			-59.4%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 11/12/2026

	Return	Correlation
CCB	-59.4%
Market (SPY)	11.9%	16.7%
Sector (XLF)	12.5%	30.6%

Fundamental Drivers

The 16.3% change in CCB stock from 10/31/2023 to 11/12/2026 was primarily driven by a 48.5% change in the company's Total Revenues ($ Mil).

(LTM values as of)	10312023	11122026	Change
Stock Price ($)	37.17	43.24	16.3%
Change Contribution By:
Total Revenues ($ Mil)	308	458	48.5%
P/S Multiple	1.6	1.4	-10.0%
Shares Outstanding (Mil)	13	15	-13.0%
Cumulative Contribution			16.3%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2023 to 11/12/2026

	Return	Correlation
CCB	16.3%
Market (SPY)	87.3%	32.5%
Sector (XLF)	87.8%	45.5%

Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
CCB Return	141%	-6%	-7%	91%	35%	-62%	106%
Peers Return	37%	3%	3%	27%	6%	6%	108%
S&P 500 Return	27%	-19%	24%	23%	16%	11%	103%
Monthly Win Rates [3]
CCB Win Rate	75%	25%	50%	75%	58%	36%
Peers Win Rate	60%	40%	47%	55%	47%	51%
S&P 500 Win Rate	75%	42%	67%	75%	67%	45%
Max Drawdowns [4]
CCB Max Drawdown	-19%	-32%	-32%	-19%	-22%	-68%
Peers Max Drawdown	-25%	-31%	-37%	-24%	-24%	-22%
S&P 500 Max Drawdown	-5%	-25%	-10%	-8%	-19%	-9%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: COLB, BANR, HFWA, TBBK, CASH.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/12/2026 (YTD)

Event	CCB	S&P 500
2025 US Tariff Shock
% Loss	-14.4%	-18.8%
% Gain to Breakeven	16.8%	23.1%
Time to Breakeven	48 days	79 days
Summer-Fall 2023 Five Percent Yield Shock
% Loss	-19.2%	-9.5%
% Gain to Breakeven	23.8%	10.5%
Time to Breakeven	48 days	24 days
2023 SVB Regional Banking Crisis
% Loss	-29.3%	-6.7%
% Gain to Breakeven	41.3%	7.1%
Time to Breakeven	75 days	31 days
2022 Inflation Shock & Fed Tightening
% Loss	-27.8%	-24.5%
% Gain to Breakeven	38.6%	32.4%
Time to Breakeven	194 days	427 days
2020 COVID-19 Crash
% Loss	-46.7%	-33.7%
% Gain to Breakeven	87.7%	50.9%
Time to Breakeven	230 days	140 days
Q4 2018 Fed Policy Error / Growth Scare
% Loss	-27.9%	-19.2%
% Gain to Breakeven	38.7%	23.8%
Time to Breakeven	336 days	105 days

Compare to COLB, BANR, HFWA, TBBK, CASH

In The Past

Coastal Financial's stock fell -14.4% during the 2025 US Tariff Shock. Such a loss loss requires a 16.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

Event	CCB	S&P 500
2023 SVB Regional Banking Crisis
% Loss	-29.3%	-6.7%
% Gain to Breakeven	41.3%	7.1%
Time to Breakeven	75 days	31 days
2022 Inflation Shock & Fed Tightening
% Loss	-27.8%	-24.5%
% Gain to Breakeven	38.6%	32.4%
Time to Breakeven	194 days	427 days
2020 COVID-19 Crash
% Loss	-46.7%	-33.7%
% Gain to Breakeven	87.7%	50.9%
Time to Breakeven	230 days	140 days
Q4 2018 Fed Policy Error / Growth Scare
% Loss	-27.9%	-19.2%
% Gain to Breakeven	38.7%	23.8%
Time to Breakeven	336 days	105 days

Compare to COLB, BANR, HFWA, TBBK, CASH

In The Past

Coastal Financial's stock fell -14.4% during the 2025 US Tariff Shock. Such a loss loss requires a 16.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Coastal Financial (CCB)

Business Description Analogies Products Customers Suppliers Management Key Risks Emerging Threats Market Size Revenue Drivers Capital Allocation

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Coastal Financial Corporation (CCB) operates as the bank holding company for Coastal Community Bank, providing a comprehensive range of banking products and services. Its primary focus is on serving small to medium-sized businesses, professionals, and individuals within the Puget Sound region of Washington state. The company aims to be a full-service financial partner for its local community.

The bank's core offerings include diverse deposit products such such as demand, savings, time, and money market accounts. On the lending side, CCB provides a variety of loan solutions, including commercial and industrial loans, real estate loans (owner-occupied, non-owner-occupied, multi-family, construction, and residential), and consumer loans for items like automobiles and boats. It also supports customers with modern banking conveniences such as online and mobile banking, remote deposit capture, and debit cards.

Beyond traditional banking, Coastal Financial offers essential business accounts and cash management services, including treasury solutions. A significant differentiator is its "Banking as a Service" (BaaS) platform, which allows broker-dealers and digital financial service providers to integrate banking functionalities for their own clientele. The bank maintains a physical presence with 14 full-service banking locations.

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1. A smaller, regional version of a bank like U.S. Bank or KeyBank, serving Washington's Puget Sound.

2. A regional bank that also acts as a 'banking infrastructure' provider for other fintechs, much like Stripe provides payment infrastructure.

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Deposit Accounts: Provides various deposit options including demand, savings, time, and money market accounts for individuals and businesses.
Business Loans: Offers a range of commercial and industrial loans, such as term loans, lines of credit, and equipment financing, primarily for small to medium-sized businesses.
Real Estate & Construction Loans: Provides financing for owner-occupied and non-owner-occupied real estate, multi-family residences, and land development and construction projects.
Residential Mortgages: Offers loans to individuals for purchasing or refinancing residential real estate.
Consumer Loans: Supplies various personal loans including those for automobiles, boats, recreational vehicles, and overdraft protection.
Digital Banking Services: Delivers convenient digital tools like online and mobile banking, remote deposit capture, and debit cards.
Business Cash Management: Provides business checking and savings accounts along with treasury services to help businesses manage their finances.
Banking as a Service (BaaS): Operates a platform that enables broker-dealers and digital financial service providers to embed banking services for their own clients.

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Coastal Financial (CCB) primarily sells its banking products and services to other companies. Based on the provided background information, these major customer categories include:

Small to medium-sized businesses in the Puget Sound region, which utilize a range of commercial and industrial loans, real estate loans, and business banking services.
Broker dealers, who leverage Coastal Financial's Banking as a Service (BaaS) platform to offer banking services to their own clients.
Digital financial service providers, who also utilize the BaaS platform to integrate banking functionalities into their offerings.

The provided background information does not specify the names of any individual customer companies.

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Jack Henry & Associates (JKHY)
Alkami Technology (ALKT)
BDO USA, P.C.

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Eric M. Sprink, Chief Executive Officer

Mr. Sprink joined Coastal Financial in late 2006 as President and Chief Operating Officer, becoming Chief Executive Officer in 2010. His banking career began at Security Pacific Bank, and he subsequently held roles at Bank of America, Centura Bank, Washington Trust Bank, and Global Credit Union. Centura Bank was acquired during his tenure. He is also a director and past chairman of the Community Bankers of Washington.

Brandon Soto, Executive Vice President and Chief Financial Officer

Mr. Soto was appointed Chief Financial Officer in October 2025. Prior to joining Coastal Financial, he served as CFO of Square Financial Services, Inc., a Block, Inc. subsidiary, where he was instrumental in its establishment and growth. His career includes leadership roles at Green Dot Bank and Sallie Mae Bank, along with senior finance positions at organizations such as JPMorgan Chase and Discover Financial Services.

Brian T. Hamilton, President, CCBX

Mr. Hamilton was appointed President of CCBX, the company's FinTech and banking-as-a-service division, on September 30, 2024. He is a seasoned financial technology executive with over 25 years of experience in banking, lending, payments, and digital product development. He co-founded and served as CEO of ONE (One Finance Inc.) from January 2019 until August 2023, which was acquired by a Walmart-led joint venture in 2022. Mr. Hamilton also founded Azlo, a digital bank for small businesses, and held senior leadership roles at Capital One, Wells Fargo, and Verifone.

Curt T. Queyrouze, President, Community Bank

Curt T. Queyrouze serves as the President of the Community Bank division of Coastal Financial. No further specific background details were found in the provided search results.

Andrew G. Stines, Executive Vice President, Chief Risk Officer

Andrew G. Stines holds the position of Executive Vice President and Chief Risk Officer at Coastal Financial. No further specific background details were found in the provided search results.

AI Analysis | Feedback

The key risks to Coastal Financial (CCB) are primarily concentrated around its Banking as a Service (BaaS) segment, coupled with broader economic and operational challenges.

Credit and Regulatory Risks in Banking as a Service (BaaS) Segment (CCBX): Coastal Financial's CCBX segment, while a major revenue driver, introduces heightened credit risk due to instances of "substandard underwriting" and "low-quality assets requiring enormous provisions for losses." The non-performing loan ratio for CCBX operations has been noted at 1.50%, exceeding a preferred threshold of 0.50% for community bank loans. Although partner indemnification exists for credit losses, this coverage has seen a decline, raising concerns about uncompensated losses. Furthermore, the company has identified a "material weakness in its internal controls over financial reporting related to interest income and banking-as-a-service expenses" and "incorrect accounting for expense reimbursements" for certain BaaS partner loans, leading to restatements of financial reports for 2023 and the first three quarters of 2024. Rapid growth in BaaS relationships also brings concentrated regulatory and compliance risks.
Reliance on Economic Conditions and Interest Rate Fluctuations: As a financial institution, Coastal Financial's performance is significantly influenced by overall economic conditions. Market volatility, geopolitical tensions, and trade relationships can negatively impact financial markets and economic activity, potentially leading to reduced demand for loans, increased credit losses, and a decline in collateral values. Economic instability or recessionary periods could challenge the company's ability to maintain revenue and profitability. Additionally, changes in market interest rates directly affect the bank's profitability. A potential delay in interest rate cuts by the Federal Reserve, or other rate fluctuations, can create uncertainty and impact corporate profits.
Cybersecurity Risks: Operating extensively in the digital space through both its traditional banking services and its BaaS platform exposes Coastal Financial to significant cybersecurity risks. These include potential threats such as customer, employee, or third-party fraud, as well as data processing system failures and errors. Maintaining robust internal controls and implementing effective cybersecurity measures are critical for safeguarding the company's reputation and ensuring operational integrity.

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The increasing entry and expansion of major technology companies (e.g., Apple, Google, Amazon) into core banking services. These companies leverage their vast customer bases, extensive data, and advanced technological capabilities to offer deposit accounts (like Apple's high-yield savings account), lending products (such as Amazon Lending for businesses), and seamless payment solutions. This directly threatens Coastal Financial's traditional deposit base, consumer lending, and small to medium-sized business lending segments by providing alternative, highly integrated, and often digitally native financial products that can bypass traditional banking relationships.

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Coastal Financial (NASDAQ: CCB) is expected to drive future revenue growth over the next two to three years through several key strategies:

Expansion of the Banking as a Service (BaaS) Segment (CCBX): The company's CCBX segment is a primary revenue generator and a significant growth opportunity. Coastal Financial plans to expand its digital offerings by leveraging existing partnerships and selectively onboarding new relationships. This dual strategy focuses on scaling existing programs and introducing new products within the BaaS space. New partnership opportunities and product launches are anticipated for 2026. The BaaS segment also contributes through fee income generated from a portion of transaction processing fees on sold credit card receivables.
Growth in Loan Receivables: Coastal Financial anticipates continued growth in its loan portfolio. During the fourth quarter of 2025, loans receivable increased by $45.7 million, and average loans receivable as of December 31, 2025, increased by $103.5 million compared to the previous quarter, driven by net CCBX loan growth. The company intends to maintain a strategy of originating higher-quality CCBX loans and optimizing the CCBX portfolio. The community bank segment's loan portfolio, consisting primarily of commercial real estate (CRE), construction, land and land development, and commercial and industrial (C&I) loans, also contributes to this growth.
Deposit Growth, particularly via BaaS Programs: The company projects continued solid deposit growth, with average deposits increasing by $61.1 million in Q4 2025, primarily driven by deposits associated with CCBX partner programs. This growth in deposits provides a stable funding mix and supports overall lending activities.
Strategic Initiatives and New Product Development: Coastal Financial is focusing on introducing new products and services and leveraging strategic initiatives to enhance revenue. This includes progress in deploying artificial intelligence (AI) across the organization to improve efficiency, risk management, and customer experience. The company is also evaluating opportunities in digital assets and digital deposit solutions. Additionally, the acquisition of the GreenFi brand of climate-focused consumer financial services during Q4 2025 represents another avenue for new product offerings and potential revenue streams.

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Capital Allocation Decisions for Coastal Financial (CCB) (2021-2025)

Share Issuance

In December 2024, Coastal Financial Corporation priced an underwritten public offering of 1,200,000 shares of its common stock at $71.00 per share, generating approximately $85.2 million in gross proceeds before expenses. With the full exercise of the underwriters' option for additional shares, the gross proceeds were expected to be around $98.0 million. The company intended to use the net proceeds for general corporate purposes, including supporting investment opportunities and the Bank's growth.
In December 2021, Coastal Financial Corporation completed an underwritten public offering of 851,853 shares of its common stock at $40.50 per share. This offering, which included the full exercise of the underwriters' option for additional shares, resulted in aggregate gross proceeds of approximately $34.5 million before deducting underwriting discounts and estimated offering expenses.


Outbound Investments

During the fourth quarter of 2025, Coastal Financial Corporation acquired the GreenFi brand of climate-focused consumer financial services from Mission Financial Partners. The financial terms of this acquisition were not disclosed.


Capital Expenditures

Coastal Financial invested $1.9 million in capital expenditures during the fourth quarter of 2025, which represented a 15.9% increase from the previous quarter. These expenditures primarily focused on funding long-term assets and infrastructure.
In 2025, the company made investments in technology and risk management to support the growth of its Banking-as-a-Service (CCBX) segment and community bank operations.

Interactive Breakdown

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Better Bets vs. Coastal Financial (CCB)

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Peer Outperformance in Regional Banks

CCB has trailed 86% of its 265 Regional Banks peers over 5Y. Among the peers that beat it are MBIN, NBTB and ONB. Regional Banks ranks 8th of 18 industries in Financials by median 5Y return.

Share of Regional Banks constituents that CCB has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.

of 284 industry peers · -60.8% return

of 275 industry peers · 14.2% return

14%

of 265 industry peers · -1.7% return

Regional Banks peers with revenue growth within 4pp of CCB's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.

Ticker	Name	Rev Growth 3Y Avg	P/E	1Y	3Y	5Y	5Y Gap
CCB	Coastal Financial	13.6%	-180.5x	-60.8%	14.2%	-1.7%	—
MBIN	Merchants Bancorp	13.9%	7.7x	66.6%	74.2%	79.9%	+82pp
NBTB	NBT Bancorp	13.4%	12.6x	31.7%	68.3%	61.9%	+64pp
ONB	Old National Bancorp	14.4%	9.9x	21.7%	93.7%	59.1%	+61pp
ASB	Associated Banc-Corp	11.3%	10.9x	24.9%	108.1%	58.1%	+60pp
PRK	Park National	11.7%	15.9x	17.1%	83.4%	49.9%	+52pp

Price returns, excluding dividends. P/E shown for context only and not used for matching.

Median price return by industry across the Financials sector, ranked by 5Y. Regional Banks is CCB's own industry. Use this to see which corners of the sector have carried the returns.

Industry	Names	1Y med	3Y med	5Y med	Top 3 by 5Y
Reinsurance	6	32.7%	70.1%	120.1%	SPNT 197% · RGA 170% · RNR 135%
Diversified Banks	12	29.4%	142.4%	90.8%	CM 145% · JPM 133% · RY 128%
Multi-Sector Holdings	4	17.4%	64.3%	87.4%	BRK-B 106% · VOYA 69% · JEF 31%
Investment Banking & Brokerage	13	-6.1%	93.4%	86.8%	IBKR 355% · SNEX 172% · GS 155%
Life & Health Insurance	20	10.5%	53.3%	80.5%	JXN 431% · UNM 245% · FG 214%
Property & Casualty Insurance	42	13.9%	74.2%	68.1%	TRV 182% · PGR 174% · ACGL 173%
Multi-line Insurance	9	8.1%	72.8%	60.5%	AIZ 118% · L 99% · GNW 94%
Regional Banks ←	266	29.7%	90.4%	46.1%	CBC 275% · FCNCA 182% · NIC 142%
Insurance Brokers	15	0.6%	8.2%	18.1%	LIFE 284% · ARX 89% · WTW 52%
Financial Exchanges & Data	15	17.0%	33.5%	13.5%	CBOE 201% · VIRT 152% · CME 73%
Asset Management & Custody Banks	85	-8.2%	18.2%	8.1%	VCTR 271% · WT 239% · AAMI 213%
Diversified Financial Services	4	-9.8%	16.5%	7.0%	FRHC 126% · EQH 82%
Consumer Finance	30	-2.8%	75.5%	0.3%	ENVA 289% · FCFS 145% · ECPG 86%
Commercial & Residential Mortgage Finance	14	-45.6%	13.0%	-3.7%	FNMA 338% · FMCC 287% · ACT 161%
Specialized Finance	3	13.2%	27.4%	-22.3%	HASI -22% · CACC -25%
Transaction & Payment Processing Services	17	15.4%	9.7%	-29.6%	V 106% · CPAY 89% · MA 85%
Mortgage REITs	34	-24.5%	-11.9%	-42.1%	RITM 32% · DX 9% · AGNC 4%
Diversified Capital Markets	20	-45.7%	-25.5%	-67.3%	LPLA 81% · TW 40% · RIOT -60%

Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.

Latest Trefis Analyses

	Title	Date
0	DASHBOARDS
1	Can Coastal Financial Stock Hold Up When Markets Turn?	10/17/2025
2	Why Coastal Financial Stock Moved: CCB Stock Has Gained 159% Since 2023 Fiscal End, Primarily Due To Favorable Change In Price To Sales Multiple (P/S)	08/08/2025
3	Coastal Financial (CCB) Valuation Ratios Comparison	08/08/2025
4	CCB Dip Buy Analysis	07/10/2025
5	Time To Buy Coastal Financial Stock?	05/16/2025
6	Coastal Financial (CCB) Operating Cash Flow Comparison	02/17/2025
7	Coastal Financial (CCB) Net Income Comparison	02/15/2025
8	ARTICLES
9	Market Movers \| Winners: CYCU, GCTK, KSCP \| Losers: MGRX, CCB, YYAI	07/31/2026

	Title
0	DASHBOARDS
1	Can Coastal Financial Stock Hold Up When Markets Turn?
2	Why Coastal Financial Stock Moved: CCB Stock Has Gained 159% Since 2023 Fiscal End, Primarily Due To Favorable Change In Price To Sales Multiple (P/S)
3	Coastal Financial (CCB) Valuation Ratios Comparison
4	CCB Dip Buy Analysis
5	Time To Buy Coastal Financial Stock?
6	Coastal Financial (CCB) Operating Cash Flow Comparison
7	Coastal Financial (CCB) Net Income Comparison
8	ARTICLES
9	Market Movers \| Winners: CYCU, GCTK, KSCP \| Losers: MGRX, CCB, YYAI

Trade Ideas

Select ideas related to CCB.

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Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MBGL	Mobility Global	6.8	16.1%	10.5%
SWRD	Stewards	0.5	16.0%	-51.6%
FRMI	Fermi	1.3	13.8%	-74.2%
AVEX	AEVEX	0.7	13.4%	-48.9%
HPK	HighPeak Energy	1.0	13.2%	75.7%
ADRX	Adarx Pharmaceuticals	1.5	12.1%	-22.9%
ATEX	Anterix	1.6	8.0%	278.8%
KOS	Kosmos Energy	1.3	7.4%	141.3%
LUNR	Intuitive Machines	2.1	7.0%	-19.7%
IBP	Installed Building Products	6.0	6.8%	-12.7%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
ADIG	ADI Global Distribution	0.7	-49.8%	-55.4%
ENVX	Enovix	0.4	-28.7%	-75.3%
CTVA	Corteva	6.1	-24.3%	-8.0%
EMAT	Evolution Metals & Technologies	0.6	-19.2%	-95.3%
SEPN	Septerna	1.9	-13.8%	50.1%
MANE	Veradermics	5.5	-13.6%	258.4%
DGII	Digi International	2.2	-12.7%	35.0%
SANA	Sana Biotechnology	0.6	-12.2%	-50.6%
NVAX	Novavax	1.4	-12.2%	30.4%
GPN	Global Payments	23.8	-12.0%	15.1%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
FLY	Firefly Aerospace	4.1	66.8%	13.1%
AOSL	Alpha & Omega Semiconductor	0.9	65.2%	54.1%
BW	Babcock & Wilcox Enterprises	0.7	56.8%	-23.3%
LUNR	Intuitive Machines	2.1	51.2%	-19.7%
FRVO	Fervo Energy	1.8	49.6%	-68.1%
AVEX	AEVEX	0.7	48.6%	-48.9%
FROG	JFrog	13.5	48.2%	77.1%
DCTH	Delcath Systems	0.8	47.6%	111.7%
LASR	nLight	2.5	46.8%	14.8%
AAON	AAON	6.5	44.8%	3.7%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
EMAT	Evolution Metals & Technologies	0.6	-48.2%	-95.3%
ADIG	ADI Global Distribution	0.7	-46.7%	-55.4%
STLN	Starling Oncology	0.4	-44.0%	-27.5%
PRAA	PRA	0.5	-41.8%	-32.8%
NRDS	Nerdwallet	0.5	-36.0%	-46.1%
PAYS	PaySign	0.5	-33.7%	84.3%
AGNT	AGNT	0.4	-31.5%	-69.5%
KRT	Karat Packaging	0.7	-31.3%	63.5%
OPEN	Opendoor Technologies	1.2	-31.0%	-78.8%
NAVI	Navient	0.6	-30.4%	-50.0%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
REPL	Replimune	2.3	93.0%	126.1%
SGRY	Surgery Partners	3.4	79.2%	72.0%
ULH	Universal Logistics	0.8	76.6%	99.2%
GDYN	Grid Dynamics	1.1	74.4%	48.2%
LQDA	Liquidia	5.2	71.2%	68.5%
XERS	Xeris Biopharma	2.9	70.4%	112.1%
ONT	Onterris	0.8	70.3%	-7.0%
VRDN	Viridian Therapeutics	3.3	65.8%	-2.1%
BRZE	Braze	5.2	65.0%	35.9%
XNCR	Xencor	2.9	63.0%	149.1%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
AESI	Atlas Energy Solutions	0.7	-50.3%	-41.6%
MNTN	MNTN	0.4	-46.9%	-58.2%
IOVA	Iovance Biotherapeutics	3.4	-46.3%	179.5%
MPT	Medical Properties Trust	1.0	-44.1%	-63.7%
PCT	PureCycle Technologies	0.3	-44.1%	-79.0%
BXBL	BOXABL	5.4	-43.6%	-81.6%
VCYT	Veracyte	2.0	-43.4%	-41.5%
STLN	Starling Oncology	0.4	-42.4%	-27.5%
BCAX	Bicara Therapeutics	0.7	-41.7%	-39.9%
SGML	Sigma Lithium	0.6	-41.0%	-62.0%

Peer Comparisons

Peers to compare with:

Financials

	CCB	COLB	BANR	HFWA	TBBK	CASH	Median
Name	Coastal .	Columbia.	Banner	Heritage.	Bancorp	Pathward.
Mkt Price	43.25	30.59	69.14	28.22	48.38	75.03	45.81
Mkt Cap	0.7	8.5	2.4	1.1	2.0	1.6	1.8
Rev LTM	458	2,752	679	315	673	685	676
Op Inc LTM	-	-	-	-	-	-	-
FCF LTM	244	1,395	239	84	206	479	242
FCF 3Y Avg	242	849	270	80	221	261	252
CFO LTM	253	1,435	251	95	214	697	252
CFO 3Y Avg	251	884	281	86	227	491	266

Growth & Margins

	CCB	COLB	BANR	HFWA	TBBK	CASH	Median
Name	Coastal .	Columbia.	Banner	Heritage.	Bancorp	Pathward.
Rev Chg LTM	11.8%	33.0%	4.9%	33.0%	-2.7%	2.9%	8.4%
Rev Chg 3Y Avg	13.6%	15.5%	2.3%	8.5%	16.0%	6.4%	11.1%
Rev Chg Q	-0.2%	19.4%	3.5%	31.7%	0.7%	-0.4%	2.1%
QoQ Delta Rev Chg LTM	-0.0%	4.3%	0.9%	7.1%	0.2%	-0.1%	0.5%
Op Inc Chg LTM	-	-	-	-	-	-	-
Op Inc Chg 3Y Avg	-	-	-	-	-	-	-
Op Mgn LTM	-	-	-	-	-	-	-
Op Mgn 3Y Avg	-	-	-	-	-	-	-
QoQ Delta Op Mgn LTM	-	-	-	-	-	-	-
CFO/Rev LTM	55.2%	52.1%	36.9%	30.3%	31.7%	101.8%	44.5%
CFO/Rev 3Y Avg	58.0%	37.4%	44.1%	34.3%	37.3%	73.1%	40.7%
FCF/Rev LTM	53.3%	50.7%	35.2%	26.8%	30.5%	70.0%	43.0%
FCF/Rev 3Y Avg	55.9%	35.9%	42.3%	31.9%	36.3%	38.7%	37.5%

Valuation

	CCB	COLB	BANR	HFWA	TBBK	CASH	Median
Name	Coastal .	Columbia.	Banner	Heritage.	Bancorp	Pathward.
Mkt Cap	0.7	8.5	2.4	1.1	2.0	1.6	1.8
P/S	1.4	3.1	3.5	3.7	2.9	2.3	3.0
P/Op Inc	-	-	-	-	-	-	-
P/EBIT	-	-	-	-	-	-	-
P/E	-180.5	10.2	11.9	14.8	8.2	9.0	9.6
P/CFO	2.6	6.0	9.6	12.0	9.2	2.3	7.6
Total Yield	-0.6%	14.8%	11.3%	9.9%	12.2%	11.4%	11.4%
Dividend Yield	0.0%	5.0%	2.9%	3.2%	0.0%	0.3%	1.6%
FCF Yield 3Y Avg	29.0%	12.4%	12.2%	9.0%	8.5%	16.8%	12.3%
D/E	0.1	0.5	0.1	0.1	0.1	0.1	0.1
Net D/E	-1.1	0.2	-0.2	-0.8	0.1	-0.5	-0.4

Returns

	CCB	COLB	BANR	HFWA	TBBK	CASH	Median
Name	Coastal .	Columbia.	Banner	Heritage.	Bancorp	Pathward.
1M Rtn	4.3%	8.3%	4.6%	5.1%	-2.6%	4.4%	4.5%
3M Rtn	-14.6%	-4.6%	-5.5%	-5.0%	-30.0%	-12.8%	-9.2%
6M Rtn	-38.0%	7.7%	10.1%	8.4%	-11.7%	-7.5%	0.1%
12M Rtn	-60.8%	18.5%	14.9%	30.6%	-23.9%	8.3%	11.6%
3Y Rtn	14.2%	76.1%	79.5%	90.5%	28.9%	59.0%	67.6%
1M Excs Rtn	6.5%	10.4%	6.2%	7.2%	1.3%	7.4%	6.9%
3M Excs Rtn	-15.4%	-3.2%	-3.8%	-2.1%	-28.4%	-11.2%	-7.5%
6M Excs Rtn	-39.5%	6.1%	8.5%	6.8%	-13.3%	-9.1%	-1.5%
12M Excs Rtn	-71.3%	8.2%	3.9%	18.9%	-36.1%	-2.3%	0.8%
3Y Excs Rtn	-63.4%	-2.1%	0.3%	9.5%	-47.3%	-15.9%	-9.0%

FDIC Bank Data

Bank Capital

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Bank Deposits

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Bank Assets

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Bank Loans

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FDA Approved Drugs Data

Expand for More

					Post-Approval Fwd Returns
FDA App #	Brand Name	Generic Name	Dosage Form	FDA Approval	3M Rtn	6M Rtn	1Y Rtn	2Y Rtn	Total Rtn
ANDA201211	BROMFENAC SODIUM	bromfenac sodium	solution/drops	5112011

Collapse to Preview

					Post-Approval Fwd Returns
FDA App #	Brand Name	Generic Name	Dosage Form	FDA Approval	3M Rtn	6M Rtn	1Y Rtn	2Y Rtn	Total Rtn
ANDA201211	BROMFENAC SODIUM	bromfenac sodium	solution/drops	5112011

Clinical Pipeline

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Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2025	2024	2023	2022	2021	2020
Period End	9/30/2026	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Filing Date	11/5/2026	2/27/2026	3/17/2025	3/15/2024	3/16/2023	3/14/2022	3/12/2021
Key Financials
Total Revenue	458	405	453	349	212	102	65
Net Income	-4	47	45	45	41	27	15
EPS	-0.23	3.12	3.35	3.36	3.14	2.25	1.27
Growth Rates
Total Revenue Growth	11.8%	-10.7%	29.8%	64.6%	108.1%	56.0%	29.8%
Net Income Growth	-107.7%	3.9%	1.4%	9.7%	50.4%	78.3%	14.7%
Margins
Net Income Margin	-0.8%	11.6%	10.0%	12.8%	19.2%	26.5%	23.2%
Cash & Debt
Total Cash	804	737	453	583	439	848	184
Total Debt	52	53	53	54	53	59	46
Net Debt / (Cash)	-751	-684	-399	-529	-387	-789	-138
Cash Flows & CapEx
Net Cash from Operations	253	255	260	192	67	30	19
Total CapEx	-8	-8	-10	-6	-3	-3	-5
Free Cash from Operations	244	246	250	185	64	27	14
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	-0
Share Repurchases	2	4	-0	-0	-0	-0	-0
Share Count
Basic Shares (Wtd Avg, Mil)		15.1	13.5	13.3	12.9	12.0	11.9
Diluted Shares (Wtd Avg, Mil)		15.4	13.9	13.6	13.5	12.5	12.2

$ Mil \| FY: 12/31	2026Q3	2026Q2	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4
Period End	9/30/2026	6/30/2026	3/31/2026	12/31/2025	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023
Filing Date	11/5/2026	8/7/2026	5/8/2026	2/27/2026	11/7/2025	8/8/2025	5/9/2025	3/17/2025	11/8/2024	8/8/2024	5/9/2024	3/15/2024
Key Financials Quarterly
Total Revenue	109	133	109	106	110	84	105	111	116	105	121	96
Net Income	14	-42	12	13	14	11	10	13	13	12	7	9
EPS	0.90	-2.76	0.79	0.84	0.90	0.73	0.65	0.97	1.00	0.86	0.51	0.68
Key Financials TTM
Total Revenue TTM	458	458	409	405	410	416	437	453	438	393	386	349
Net Income TTM	-4	-4	49	47	48	48	48	45	41	38	39	45
Growth Rates Quarterly
Total Revenue Growth	-0.2%	58.5%	4.2%	-4.5%	-5.7%	-19.5%	-13.4%	15.1%	63.9%	7.3%	44.0%	36.5%
Net Income Growth	1.4%	-481.8%	23.5%	-5.4%	1.0%	-4.9%	43.1%	48.3%	31.0%	-10.2%	-45.1%	-31.3%
Margins Quarterly
Net Income Margin	12.6%	-31.6%	11.0%	12.0%	12.4%	13.1%	9.3%	12.1%	11.6%	11.1%	5.6%	9.4%
Cash & Debt
Total Cash	804	1,008	1,495	737	642	720	624	453	484	487	515	583
Total Debt	52	53	53	53	53	53	53	53	53	54	54	54
Net Debt / (Cash)	-751	-956	-1,443	-684	-589	-667	-571	-399	-431	-434	-461	-529
Cash Flows Quarterly
Net Cash from Operations	42	77	76	58	59	66	72	68	63	72	57	45
Total CapEx	-2	-2	-2	-2	-2	-2	-3	-3	-2	-3	-2	-2
Free Cash from Operations	40	75	74	56	57	64	69	65	60	69	55	43
Cash Flows TTM
Net Cash from Operations TTM	253	270	259	255	265	269	275	260	237	239	202	192
Total CapEx TTM	-8	-8	-8	-8	-10	-10	-11	-10	-9	-9	-8	-6
Free Cash from Operations TTM	244	262	251	246	256	258	264	250	228	230	194	185
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	0	0	1	1	0	1	1	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	-	-	-	-	-	-	-	-	-	-	-	-
Return on Invested Capital (ROIC) TTM
ROIC TTM	-	-	-	-	-	-	-	-	-	-	-	-
Share Count
Basic Shares (Wtd Avg, Mil)	15.3	15.2	15.2	15.1	15.1	15.0	15.0	14.2	13.4	13.4	13.3	13.3
Diluted Shares (Wtd Avg, Mil)	15.4	15.2	15.4	15.5	15.4	15.4	15.5	14.5	13.8	13.7	13.7	13.7

Segment Financials

Revenue by Segment

$ Mil	2025	2024	2023	2022	2021
CCBX	438	487	343	208	24
Community bank	86	80	84	84	84
Treasury & Administration	18	14	8	3
Total	542	581	436	295	108

Net Income by Segment

$ Mil	2025	2024	2023	2022
Community bank	31	36	35	40
CCBX	30	25	25	18
Treasury & Administration	-14	-16	-16	-18
Total	47	45	45	41

Assets by Segment

$ Mil	2025	2024	2023	2022
CCBX	2,597	2,100	1,900	1,047
Community bank	1,958	1,897	1,843	2,098
Treasury & Administration	187	125	10
Total	4,741	4,121	3,753	3,144

Price Behavior

Price Behavior

Market Price	$43.24
Market Cap ($ Bil)	0.7
First Trading Date	07/18/2018
Distance from 52W High	-63.7%
	50 Days	200 Days
DMA Price	$43.87	$65.23
DMA Trend	down	down
Distance from DMA	-1.4%	-33.7%
	3M	1YR
Volatility	52.5%	62.7%
Downside Capture	155.16	134.43
Upside Capture	74.38	12.18
Correlation (S&P 500)	24.9%	16.3%

CCB Betas & Captures as of 10/31/2026

	1M	2M	3M	6M	1Y	3Y
Beta	0.28	1.01	1.22	-0.07	0.75	1.01
Up Beta	-8.13	-2.96	1.08	-3.26	-0.58	0.72
Down Beta	0.24	1.54	2.81	1.64	1.73	1.24
Up Capture	154%	125%	99%	-44%	15%	89%
Bmk +ve Days	12	18	28	62	130	427
Stock +ve Days	12	21	34	67	130	392
Down Capture	13%	166%	75%	91%	127%	104%
Bmk -ve Days	10	25	36	64	121	325
Stock -ve Days	9	21	29	58	120	357

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with CCB
CCB	-60.2%	62.7%	-1.15	-
Sector ETF (XLF)	10.8%	15.3%	0.45	30.7%
Equity (SPY)	11.8%	13.7%	0.55	16.1%
Gold (GLD)	-6.6%	28.9%	-0.24	-0.5%
Commodities (DBC)	32.8%	21.3%	1.22	-13.9%
Real Estate (VNQ)	9.8%	14.2%	0.41	22.1%
Bitcoin (BTCUSD)	-28.5%	43.4%	-0.66	7.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with CCB
CCB	2.2%	44.1%	0.20	-
Sector ETF (XLF)	9.6%	18.4%	0.38	49.2%
Equity (SPY)	11.6%	17.3%	0.50	37.7%
Gold (GLD)	16.2%	19.2%	0.68	-2.5%
Commodities (DBC)	8.2%	19.6%	0.30	1.3%
Real Estate (VNQ)	1.4%	18.9%	-0.04	35.4%
Bitcoin (BTCUSD)	3.7%	51.5%	0.25	18.5%

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Based On 10-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with CCB
CCB	10.2%	50.3%	0.44	-
Sector ETF (XLF)	13.6%	22.1%	0.55	54.6%
Equity (SPY)	15.5%	18.0%	0.73	45.2%
Gold (GLD)	11.1%	16.6%	0.54	0.1%
Commodities (DBC)	7.6%	18.1%	0.33	11.9%
Real Estate (VNQ)	6.2%	20.7%	0.25	44.8%
Bitcoin (BTCUSD)	58.4%	66.3%	0.98	17.8%

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Short Interest

Short Interest: As Of Date	10302026
Short Interest: Shares Quantity	1.3 Mil
Short Interest: % Change Since 10152026	2.3%
Average Daily Volume	0.2 Mil
Days-to-Cover Short Interest	5.8 days
Basic Shares Quantity	15.3 Mil
Short % of Basic Shares	8.4%

Returns Analyses

	Title
0	Can Coastal Financial Stock Hold Up When Markets Turn?

Earnings Returns History

Updated 11/9/2026

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
10/29/2026	-7.4%	-5.7%
7/30/2026	-43.5%	-37.5%	-33.9%
4/29/2026	-12.7%	-13.8%	-18.6%
1/29/2026	-0.1%	-12.0%	-26.5%
10/29/2025	0.3%	-0.7%	6.5%
7/29/2025	-4.2%	-6.5%	13.8%
4/29/2025	-0.9%	-9.0%	-0.9%
1/28/2025	2.6%	5.1%	9.5%
...
SUMMARY STATS
# Positive	11	12	14
# Negative	14	13	10
Median Positive	2.5%	6.3%	10.0%
Median Negative	-3.3%	-6.5%	-5.4%
Max Positive	8.9%	19.6%	45.1%
Max Negative	-43.5%	-37.5%	-33.9%

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	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
10/29/2026	-7.4%	-5.7%
7/30/2026	-43.5%	-37.5%	-33.9%
4/29/2026	-12.7%	-13.8%	-18.6%
1/29/2026	-0.1%	-12.0%	-26.5%
10/29/2025	0.3%	-0.7%	6.5%
7/29/2025	-4.2%	-6.5%	13.8%
4/29/2025	-0.9%	-9.0%	-0.9%
1/28/2025	2.6%	5.1%	9.5%
10/28/2024	8.9%	8.2%	33.4%
7/29/2024	0.5%	-9.9%	0.3%
4/29/2024	-0.7%	6.0%	10.5%
1/30/2024	-5.3%	-8.7%	-8.9%
10/27/2023	-4.7%	4.0%	-0.1%
7/28/2023	-1.7%	-1.5%	-3.9%
4/28/2023	2.5%	-4.4%	0.5%
1/27/2023	-0.1%	8.5%	4.2%
10/27/2022	7.4%	11.6%	15.9%
7/27/2022	-2.0%	-4.0%	-2.6%
4/27/2022	0.4%	1.7%	-7.0%
1/27/2022	-2.4%	1.5%	-1.0%
10/27/2021	1.9%	11.3%	36.1%
7/28/2021	1.0%	-2.1%	4.3%
4/27/2021	3.8%	2.7%	9.1%
1/28/2021	-5.1%	6.7%	45.1%
11/2/2020	7.6%	19.6%	32.2%
SUMMARY STATS
# Positive	11	12	14
# Negative	14	13	10
Median Positive	2.5%	6.3%	10.0%
Median Negative	-3.3%	-6.5%	-5.4%
Max Positive	8.9%	19.6%	45.1%
Max Negative	-43.5%	-37.5%	-33.9%

SEC Filings

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Report Date	Filing Date	Filing
09/30/2026	11/05/2026	10-Q
06/30/2026	08/07/2026	10-Q
03/31/2026	05/08/2026	10-Q
12/31/2025	02/27/2026	10-K
09/30/2025	11/07/2025	10-Q
06/30/2025	08/08/2025	10-Q
03/31/2025	05/09/2025	10-Q
12/31/2024	03/17/2025	10-K
09/30/2024	11/08/2024	10-Q
06/30/2024	08/08/2024	10-Q
03/31/2024	05/09/2024	10-Q
12/31/2023	03/15/2024	10-K
09/30/2023	11/08/2023	10-Q
06/30/2023	08/08/2023	10-Q
03/31/2023	05/10/2023	10-Q
12/31/2022	03/16/2023	10-K

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Report Date	Filing Date	Filing
09/30/2026	11/05/2026	10-Q
06/30/2026	08/07/2026	10-Q
03/31/2026	05/08/2026	10-Q
12/31/2025	02/27/2026	10-K
09/30/2025	11/07/2025	10-Q
06/30/2025	08/08/2025	10-Q
03/31/2025	05/09/2025	10-Q
12/31/2024	03/17/2025	10-K
09/30/2024	11/08/2024	10-Q
06/30/2024	08/08/2024	10-Q
03/31/2024	05/09/2024	10-Q
12/31/2023	03/15/2024	10-K
09/30/2023	11/08/2023	10-Q
06/30/2023	08/08/2023	10-Q
03/31/2023	05/10/2023	10-Q
12/31/2022	03/16/2023	10-K
09/30/2022	11/09/2022	10-Q
06/30/2022	08/05/2022	10-Q
03/31/2022	05/06/2022	10-Q
12/31/2021	03/14/2022	10-K
09/30/2021	11/08/2021	10-Q
06/30/2021	08/06/2021	10-Q
03/31/2021	05/07/2021	10-Q
12/31/2020	03/12/2021	10-K
09/30/2020	11/06/2020	10-Q
06/30/2020	08/07/2020	10-Q
03/31/2020	05/08/2020	10-Q
12/31/2019	03/12/2020	10-K

Recent Forward Guidance

Updated 11/2/2026

Latest: Q3 2026 Earnings Reported 10/29/2026

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Insider Activity

Updated 9/1/2026

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#	Owner	Title	Holding	Action	Filing Date	Price	Shares	Transacted Value	Value of Held Shares	Form
1	Adams, Christopher D	Executive Chair	Direct	Buy	8072026	45.15	290	13,094	1,372,876	Form
2	Sprink, Eric M	CEO	Direct	Buy	8072026	44.45	10,000	444,500	7,700,429	Form
3	Hovde, Steven D		Business	Buy	8062026	43.83	10,000	438,250	1,161,362	Form
4	Hovde, Steven D		Business	Buy	8062026	44.00	5,000	220,000	726,000	Form
5	Hamilton, Brian T	President of CCBX	Direct	Sell	6022026	71.42	7,000	499,961	4,826,124	Form

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#	Owner	Title	Holding	Action	Filing Date	Price	Shares	Transacted Value	Value of Held Shares	Form
1	Adams, Christopher D	Executive Chair	Direct	Buy	8072026	45.15	290	13,094	1,372,876	Form
2	Sprink, Eric M	CEO	Direct	Buy	8072026	44.45	10,000	444,500	7,700,429	Form
3	Hovde, Steven D		Business	Buy	8062026	43.83	10,000	438,250	1,161,362	Form
4	Hovde, Steven D		Business	Buy	8062026	44.00	5,000	220,000	726,000	Form
5	Hamilton, Brian T	President of CCBX	Direct	Sell	6022026	71.42	7,000	499,961	4,826,124	Form
6	Lane, Thomas D		Child (2)	Sell	5112026	72.60	300			Form
7	Hamilton, Brian T	President of CCBX	Direct	Sell	5012026	75.44	3,079	232,273	5,625,472	Form
8	Hamilton, Brian T	President of CCBX	Direct	Sell	3032026	72.37	146	10,566	5,585,951	Form
9	Hamilton, Brian T	President of CCBX	Direct	Sell	2092026	88.95	48	4,270	6,878,681	Form
10	Hamilton, Brian T	President of CCBX	Direct	Sell	2052026	89.67	171	15,334	6,938,827	Form
11	Edwards, Joel G	Chief Financial Officer	Direct	Sell	1282026	111.34	1,300	144,742	1,276,179	Form
12	Sprink, Eric M	CEO	Direct	Sell	1232026	116.01	4,000	464,035	18,460,016	Form
13	Sprink, Eric M	CEO	Direct	Sell	1232026	114.27	8,402	960,108	18,640,636	Form
14	Sprink, Eric M	CEO	Direct	Sell	1162026	114.15	3,000	342,454	19,580,161	Form
15	Sprink, Eric M	CEO	Direct	Sell	1162026	114.51	4,356	498,796	19,984,800	Form
16	Sprink, Eric M	CEO	Direct	Sell	1132026	118.88	4,000	475,503	21,264,961	Form
17	Sprink, Eric M	CEO	Direct	Sell	1052026	114.95	8,778	1,008,991	22,286,074	Form
18	Sprink, Eric M	CEO	Direct	Sell	1052026	113.73	8,349	949,503	23,048,060	Form
19	Hovde, Steven D		Business	Sell	12112025	117.25	3,000	351,750	1,348,375	Form
20	Hovde, Steven D		Business	Sell	12092025	115.50	1,500	173,250	1,674,750	Form
21	Hovde, Steven D		Business	Sell	12082025	114.00	3,000	342,000	1,824,000	Form
22	Hovde, Steven D		Business	Sell	12082025	112.19	2,611	292,932	2,131,638	Form
23	Sprink, Eric M	CEO	Direct	Sell	9192025	114.65	10,683	1,224,806	24,192,411	Form
24	Edwards, Joel G	Chief Financial Officer	Direct	Sell	9192025	114.67	9,425	1,080,765	1,463,419	Form
25	Edwards, Joel G	Chief Financial Officer	Direct	Sell	9172025	110.05	5,000	550,250	2,441,679	Form
26	Sprink, Eric M	CEO	Direct	Sell	9172025	110.21	5,000	551,050	24,432,896	Form
27	Edwards, Joel G	Chief Financial Officer	Direct	Sell	9172025	107.90	4,000	431,600	2,933,477	Form
28	Sprink, Eric M	CEO	Direct	Sell	9172025	107.90	4,000	431,600	24,460,283	Form
29	Edwards, Joel G	Chief Financial Officer	Direct	Sell	9172025	108.91	5,000	544,550	3,396,576	Form
30	Hamilton, Brian T	President of CCBX	Direct	Sell	9172025	109.10	1,708	186,343	9,240,879	Form
31	Klee, Stephan		Direct	Sell	9172025	109.14	4,350	474,759	181,282	Form
32	Sprink, Eric M	CEO	Direct	Sell	9172025	108.82	10,500	1,142,610	25,104,121	Form
33	Edwards, Joel G	Chief Financial Officer	Direct	Sell	9122025	110.59	2,000	221,180	4,001,920	Form
34	Edwards, Joel G	Chief Financial Officer	Direct	Sell	9122025	111.71	3,000	335,130	4,265,870	Form
35	Edwards, Joel G	Chief Financial Officer	Direct	Sell	9122025	110.96	2,000	221,920	4,570,110	Form

Investor Activity (13F)

Updated Nov 13, 2026

13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active Manager	Value	% of Portfolio	Total Positions	QoQ	Filing
Endeavour Capital Advisors Inc	$20.8 Mil	4.7%	42	ADD +69.0%	13F
Azora Capital LP	$50.1 Mil	3.3%	45	ADD +6.5%	13F
Stieven Capital Advisors, L.P.	$8.4 Mil	1.8%	35	ADD +68.1%	13F

Active Manager	Value	% of Portfolio	Total Positions	QoQ	Filing
Endeavour Capital Advisors Inc	$20.8 Mil	4.7%	42	ADD +69.0%	13F
Stieven Capital Advisors, L.P.	$8.4 Mil	1.8%	35	ADD +68.1%	13F
Azora Capital LP	$50.1 Mil	3.3%	45	ADD +6.5%	13F

Active Manager

Active Manager	Value	% of Portfolio	Total Positions	QoQ	Filing
Azora Capital LP	$50.1 Mil	3.3%	45	ADD +6.5%	13F
Endeavour Capital Advisors Inc	$20.8 Mil	4.7%	42	ADD +69.0%	13F
Stieven Capital Advisors, L.P.	$8.4 Mil	1.8%	35	ADD +68.1%	13F

CCB Trade Sentinel

Stock Conviction

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CONVICTION RATIONALE

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STOCK ARCHETYPE

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Looking for high-conviction positions with a better risk/reward profile? See what's currently in the Trefis High Quality Portfolio.

INVESTMENT THESIS

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Mechanism: null

Supporting Evidence:

PRIMARY RISK

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Mechanism: null

Supporting Evidence:

Key KPI Watchlist

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Core Investment Debate

BULL VIEW

CORE TENSION

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BEAR VIEW

Next 6 months: Risks and Catalysts

Timeline	Event & Metric To Watch

Key Events in Last 6 Months

Date	Event	Stock Impact

Risk Management

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How Is The Market Pricing CCB?

What will confirm the thesis

What will damage the thesis

Noise: Real but irrelevant to thesis

Repricing Catalyst

What CCB Makes & Who Pays

TTM figures based on

CCB Evolution: Price Return by Era

① Structure

② Volume / Momentum

③ Catalyst

Combined Score

0 / 12

1 Price Structure & Trend · ▾

2 Momentum ▾

3 Relative Strength vs. SPY ▾

4 Institutional Footprint & Volume ▾

5 Volatility ▾

6 Key Price Levels Range · Vol ▾

7 Earnings Reaction History ▾

8 How the Verdict Is Derived Three Pillars ▾

Pillar	Score
① Structure	0
② Vol / Mom	0
③ Catalyst	0

ℹ Bull Pillars: 0 · Bear Pillars: 0 · Combined Score: 0 →

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1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
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6	YCharts	Perplexity Finance
7	FinViz

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Core Cache Last Updated: 11/12/2026

Coastal Financial (CCB)

Market Price (11/13/2026): $43.25 | Market Cap: $661.4 MilSector: Financials | Industry: Regional Banks

Coastal Financial (CCB)

Market Price (11/13/2026): $43.25Market Cap: $661.4 MilSector: FinancialsIndustry: Regional Banks

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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About Coastal Financial (CCB)

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CONVICTION RATIONALE

STOCK ARCHETYPE

INVESTMENT THESIS

Market Price (11/13/2026): $43.25
Market Cap: $661.4 Mil
Sector: Financials
Industry: Regional Banks