Coastal Financial (CCB) Set to Release Quarterly Earnings on Thursday

Coastal Financial (NASDAQ:CCB) is expected to post its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect Coastal Financial to announce earnings of $0.9620 per share and revenue of $158.85 million for the quarter. Investors may visit the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 12:30 PM ET.

Coastal Financial (NASDAQ:CCB) last announced its quarterly earnings results on Thursday, July 30th. The company reported ($2.76) earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by ($3.77). The business had revenue of $178.07 million for the quarter, compared to analyst estimates of $148.50 million. Coastal Financial had a negative return on equity of 0.80% and a negative net margin of 0.53%. On average, analysts expect Coastal Financial to post $0.85 EPS for the current fiscal year and $5.47 EPS for the next fiscal year.

Coastal Financial Price Performance

Shares of NASDAQ CCB opened at $43.31 on Thursday. The company has a quick ratio of 1.03, a current ratio of 1.05 and a debt-to-equity ratio of 0.10. The business’s 50 day moving average price is $45.18 and its two-hundred day moving average price is $62.67. The company has a market cap of $662.21 million, a PE ratio of -154.67 and a beta of 0.86. Coastal Financial has a twelve month low of $35.56 and a twelve month high of $120.05.

Insider Activity

In related news, Director Steven Hovde bought 10,000 shares of Coastal Financial stock in a transaction that occurred on Thursday, August 6th. The stock was acquired at an average price of $43.83 per share, with a total value of $438,300.00. Following the acquisition, the director owned 26,500 shares of the company’s stock, valued at approximately $1,161,495. This represents a 60.61% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Eric Sprink purchased 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The stock was bought at an average price of $44.45 per share, for a total transaction of $444,500.00. Following the purchase, the chief executive officer owned 173,238 shares in the company, valued at $7,700,429.10. The trade was a 6.13% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 25,290 shares of company stock valued at $1,115,894 in the last ninety days. 13.49% of the stock is currently owned by insiders.

Key Stories Impacting Coastal Financial

Here are the key news stories impacting Coastal Financial this week:

• Positive Sentiment: Unusually heavy options activity provided a limited bullish signal: investors purchased 7,000 call options, compared with average call volume of about 135. However, options activity alone does not establish a sustained recovery.
• Neutral Sentiment: The legal announcements largely repeat the same pending lawsuit and deadline rather than reporting a new court ruling or settlement. The allegations have not been proven, and the companies and executives named in the case will have an opportunity to respond. Rosen securities class action notice
• Negative Sentiment: The lawsuit-related notices allege that Coastal inadequately disclosed credit deterioration in its CCBX Banking-as-a-Service partner portfolio while providing overly reassuring information about credit quality. The claims follow the company’s reported second-quarter net loss of $42.1 million, including a $68.8 million credit expense tied primarily to one partner relationship, and a roughly 43% one-day share-price decline on July 30. Hagens Berman Coastal Financial class action alert
• Negative Sentiment: The volume of investor-law-firm solicitations increases headline and litigation risk, potentially adding pressure to CCB’s valuation. Investors will likely focus on the ultimate size of credit losses, the health of the CCBX portfolio, management’s disclosures, and any regulatory or legal developments. Levi and Korsinsky CCB deadline alert

Wall Street Analyst Weigh In

Several brokerages have recently commented on CCB. Weiss Ratings downgraded Coastal Financial from a “hold (c)” rating to a “sell (d)” rating in a research note on Tuesday, August 11th. Keefe, Bruyette & Woods decreased their target price on Coastal Financial from $95.00 to $53.00 and set an “outperform” rating on the stock in a report on Friday, July 31st. Zacks Research cut Coastal Financial from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 4th. TD Cowen restated a “buy” rating on shares of Coastal Financial in a research note on Tuesday, September 29th. Finally, Raymond James Financial downgraded Coastal Financial from a “strong-buy” rating to an “outperform” rating and set a $50.00 price target for the company. in a report on Friday, July 31st. Five research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Coastal Financial has an average rating of “Hold” and an average price target of $91.33.

Coastal Financial Company Profile

Coastal Financial Corporation is a bank holding company headquartered in Everett, Washington. Its principal subsidiary, Coastal Community Bank, provides banking services to individuals, families, and businesses in the Pacific Northwest, with a focus on communities in the Puget Sound region.

Coastal Community Bank offers consumer and commercial deposit accounts, residential and commercial real estate lending, business loans, lines of credit, treasury management, online and mobile banking, and other traditional banking products.