Coastal Financial Corp (CCB) Files 10-K for the Fiscal Year Ended on December 31, 2018

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Coastal Financial Corp (CCB) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Coastal Financial Corp has a market cap of $194.879 million; its shares were traded at around $15.91 with a P/E ratio of 25.24 and P/S ratio of 4.86.


For the last quarter Coastal Financial Corp reported a revenue of $11.5 million, compared with the revenue of $8.71 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $40.3 million, an increase of 20.6% from last year.

The reported diluted earnings per share was 91 cents for the year. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, Coastal Financial Corp has the cash and cash equivalents of $125.8 million, compared with $89.8 million in the previous year. The long term debt was $33.5 million, compared with $33.5 million in the previous year. Coastal Financial Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $15.91, Coastal Financial Corp is traded at close to its historical median P/S valuation band of $15.78. The P/S ratio of the stock is 4.86, while the historical median P/S ratio is 4.82.

Directors and Officers Recent Trades:

  • EVP & Chief Credit & Risk Off. Daniel J Lee bought 500 shares of CCB stock on 03/12/2019 at the average price of $17. The price of the stock has decreased by 6.41% since.

For the complete 20-year historical financial data of CCB, click here.

This article first appeared on GuruFocus.


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