XNASCCB
Market cap1.19bUSD
Jan 10, Last price
79.67USD
1D
-4.99%
1Q
40.59%
IPO
394.54%
Name
Coastal Financial Corp (EVERETT)
Chart & Performance
P/E
26.67
P/S
3.60
EPS
2.99
Div Yield, %
0.00%
Shrs. gr., 5y
5.16%
Rev. gr., 5y
52.33%
Revenues
330m
+54.67%
Net income
45m
+9.73%
CFO
197m
+192.87%
Earnings
Jan 28, 2025
Profile
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.
IPO date
Jul 18, 2018
Employees
482
Domiciled in
US
Incorporated in
US
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | |
| Income | ||||||||
Revenues | 330,371 54.67% | 213,594 109.79% | ||||||
Cost of revenue | 75,188 | 59,258 | ||||||
Unusual Expense (Income) | ||||||||
NOPBT | 255,183 | 154,336 | ||||||
NOPBT Margin | 77.24% | 72.26% | ||||||
Operating Taxes | 12,554 | 9,996 | ||||||
Tax Rate | 4.92% | 6.48% | ||||||
NOPAT | 242,629 | 144,340 | ||||||
Net income | 44,579 9.73% | 40,625 50.44% | ||||||
Dividends | ||||||||
Dividend yield | ||||||||
Proceeds from repurchase of equity | 618 | 1,468 | ||||||
BB yield | -0.10% | -0.23% | ||||||
| Debt | ||||||||
Debt current | 977 | 5,234 | ||||||
Long-term debt | 58,028 | 58,055 | ||||||
Deferred revenue | (2,453) | |||||||
Other long-term liabilities | 3,405,507 | (31,718) | ||||||
Net debt | (132,931) | (485,075) | ||||||
| Cash flow | ||||||||
Cash from operating activities | 196,513 | 67,098 | ||||||
CAPEX | (6,475) | (2,838) | ||||||
Cash from investing activities | (598,985) | (987,948) | ||||||
Cash from financing activities | 543,461 | 449,828 | ||||||
FCF | 2,836,325 | 146,139 | ||||||
| Balance | ||||||||
Cash | 31,345 | 439,456 | ||||||
Long term investments | 160,591 | 108,908 | ||||||
Excess cash | 175,417 | 537,684 | ||||||
Stockholders' equity | 294,978 | 243,494 | ||||||
Invested Capital | 297,616 | 2,882,651 | ||||||
ROIC | 15.26% | 5.43% | ||||||
ROCE | 53.95% | 4.93% | ||||||
| EV | ||||||||
Common stock shares outstanding | 13,640 | 13,515 | ||||||
Price | 44.41 -6.54% | 47.52 -6.12% | ||||||
Market cap | 605,760 -5.68% | 642,231 1.32% | ||||||
EV | 472,829 | 157,156 | ||||||
EBITDA | 257,511 | 156,145 | ||||||
EV/EBITDA | 1.84 | 1.01 | ||||||
Interest | 91,644 | 20,395 | ||||||
Interest/NOPBT | 35.91% | 13.21% | ||||||