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Stock impact report

Coastal Financial Corporation: An Interesting Prospect I Can't Justify Buying [Seeking Alpha]

Coastal Financial Corporation (CCB) 
Last coastal financial corporation earnings: 4/27 09:25 am Check Earnings Report
Company Research Source: Seeking Alpha
CCB's unique CCBX Banking-as-a-Service segment drives growth but introduces higher credit risk, partially offset by partner indemnification for credit losses. Despite operational strengths, CCB trades at a steep premium—35.7x P/E and elevated price-to-book ratios—making the current valuation difficult to justify. I rate CCB a "Hold" due to excessive valuation, despite improving fundamentals and progress in credit quality management. Morsa Images/DigitalVision via Getty Images One of the more interesting banks that I have come across over the last couple of years now is Coastal Financial Corporation ( CCB ). And this is because it's not your typical bank. The firm actually has a unique business model More on my IG service Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get to use a 50+ stock mo Show less Read more
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