Company Coastal Financial Corporation

Equities

CCB

US19046P2092

Banks

Market Closed - Nasdaq 21:00:00 10/05/2024 BST 5-day change 1st Jan Change
43.47 USD +0.28% Intraday chart for Coastal Financial Corporation +3.77% -2.12%

Business Summary

Coastal Financial Corporation is the bank holding company that operates through its subsidiaries, including Coastal Community Bank (Bank) and Arlington Olympic LLC. The Company operates through three segments: CCBX, the Community Bank and treasury & administration. The CCBX segment provides banking as a service (BaaS) activities that allows its broker-dealer and digital financial service partners to offer their customers banking services. It offers a variety of loans to business owners, including commercial and industrial loans and commercial real estate loans secured by owner-occupied commercial properties. The Community Bank segment provides a 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. The treasury and administration segment includes treasury management, overall administration and all other aspects of the Company.

Number of employees: 507

Sales per Business

USD in Million2022Weight2023Weight Delta
CCBX
79.3 %
206 69.4 % 354 79.3 % +71.87%
Community Bank
18.9 %
91 30.6 % 84 18.9 % -7.19%
Treasury & Administration
1.8 %
- - 8 1.8 % -

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
296 100.0 % 446 100.0 % +50.41%

Managers

Managers TitleAgeSince
Chief Executive Officer 51 31/12/05
President 62 31/05/22
Director of Finance/CFO 63 31/12/11
Chief Tech/Sci/R&D Officer - 23/01/23
Human Resources Officer - 17/10/18
Corporate Officer/Principal 58 31/12/14
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 31/12/10
Chief Executive Officer 51 31/12/05
Director/Board Member 57 31/10/20
Director/Board Member 69 31/12/01
Director/Board Member 50 23/07/18
Chairman 44 31/12/15
Director/Board Member 54 31/12/96
Director/Board Member 47 31/05/19
Director/Board Member 38 23/05/21
Director/Board Member 63 30/09/21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 13,407,320 10,919,016 ( 81.44 %) 0 81.44 %

Shareholders

NameEquities%Valuation
1,741,841 13.09 % 68 M $
T. Rowe Price Investment Management, Inc.
6.449 %
857,959 6.449 % 33 M $
T. Rowe Price Investment Management, Inc.
6.449 %
857,959 6.449 % 33 M $
Endeavour Capital Advisors, Inc.
5.591 %
743,898 5.591 % 29 M $
532,237 4.000 % 21 M $
GW&K Investment Management LLC
2.464 %
327,795 2.464 % 13 M $
285,681 2.147 % 11 M $
Kennedy Capital Management LLC
2.008 %
267,153 2.008 % 10 M $
Geode Capital Management LLC
1.939 %
257,905 1.939 % 10 M $
AllianceBernstein LP
1.637 %
217,820 1.637 % 8 M $

Company contact information

Coastal Financial Corp. (Washington)

5415 Evergreen Way

98203-3646, Everett

+425 257 9000

http://www.coastalbank.com
address Coastal Financial Corporation(CCB)
  1. Stock Market
  2. Equities
  3. CCB Stock
  4. Company Coastal Financial Corporation