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Stock impact report

A Look At Coastal Financial (CCB) Valuation As Premium P/E Contrasts With Discounted Cash Flow Estimate [Yahoo! Finance]

Coastal Financial Corporation (CCB) 
Last coastal financial corporation earnings: 4/27 09:25 am Check Earnings Report
Company Research Source: Yahoo! Finance
Coastal Financial (CCB) shares have retreated in recent trading, with a 2.4% decline over the past day, a 3.3% move lower over the past week, and deeper pullbacks over the past month and past 3 months. At a last close of US$74.36, the bank is valued at about US$1.16b, supported by US$349.042m in revenue and US$46.993m in net income, primarily generated in the United States. The business leans heavily on its CCBX Banking as a Service platform, which contributes US$244.465m of revenue. This is complemented by its Community Bank operations at US$86.964m and Treasury & Administration at US$17.613m, reflecting a mix of digital and traditional banking activities. See our latest analysis for Coastal Financial. Recent trading has been weak for Coastal Financial, with the 30-day share price return of 12.62% and 90-day share price return of 36.36% pointing to fading momentum, even though the 3-year total shareholder return of 103.61% and 5-year total shareholder return of 176.95% remai Show less Read more
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