Coastal Financial Corporation (CCB)

Coastal Financial Corp.'s stock price has declined significantly in the past six months. Key events include the Q1 2026 earnings report showing increased net income but missed EPS estimates, a potential acquisition of Evolve Bank & Trust BaaS programs, insider selling activity, the acquisition of the GreenFi brand, and a material weakness disclosure in financial reporting.

While specific demand seasonality for Coastal Financial Corp.'s products and services is not explicitly detailed, an analysis of the CCB stock's seasonal chart suggests a potential "Buy Date" of July 15 and a "Sell Date" of December 11. Banking services generally tend to have less pronounced seasonality compared to other industries.

Coastal Financial Corp. operates through three segments: Community Bank, CCBX (Banking as a Service), and Treasury & Administration. The Community Bank offers banking products and services to consumers and small to medium-sized businesses, including deposit products and various loans. The CCBX segment provides Banking as a Service to broker-dealers and digital financial service partners, driving revenue growth.

Coastal Financial Corp. primarily serves the Puget Sound region in Washington State, operating 14 full-service banking locations across Snohomish, Island, and King Counties. It is the largest locally headquartered bank by deposit market share in Snohomish County.

Coastal Financial Corp.'s brand reputation has been influenced by the disclosure of a material weakness in financial reporting, which led to restatements of past earnings. However, the acquisition of the GreenFi brand and significant partnerships have positively impacted the company's reputation.

Coastal Financial Corporation has significant institutional ownership, with major holders including BlackRock, Inc. and Vanguard Group Inc. Key individual insider holders include CEO Eric M. Sprink and CCBX President Brian T. Hamilton. Insider ownership represents 4.36% of total outstanding shares.