The majority of U.S. stock indices ended in the red on Nov. 28, following an unfavorable inflation data release, reflecting an uptick in the nation’s monthly consumer price. In such a situation, an investor might not feel confident enough to invest in the stock market. However, a prudent investor knows that this is the right time to buy stocks that are safe bets. To this end, we recommend stocks like Fox Corp. (FOX) , Coastal Financial (CCB) , NVIDIA Corporation (NVDA) , Freshpet Inc. (FRPT) and InterDigita ...

Earnings of Coastal Financial Corporation (NASDAQ: CCB ) will surge next year on the back of both non-interest income and net interest income growth. I’m expecting the company to report earnings of $3.15 per share for 2024, down 4% year-over-year, and $5.39 per share for 2025, up 71% year-over-year. TheAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article my ...

Table of Contents Title of each class Trading symbol(s) Name of each exchange on which registered Common Stock, no par value per share CCB NASDAQ Global Select Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark one) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition p ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they beli ...

Core Viewpoint - Coastal Financial Corporation (CCB) is identified as a promising growth stock with favorable growth metrics and a strong Zacks Rank, making it an attractive option for growth investors [2][10]. Earnings Growth - Coastal Financial has a historical EPS growth rate of 34.2%, with projected EPS growth of 4.6% for the current year, significantly outperforming the industry average of -9.3% [5]. Cash Flow Growth - The company exhibits a year-over-year cash flow growth of 10.6%, which is notably higher than the industry average of -6.7%. Additionally, its annualized cash flow growth rate over the past 3-5 years stands at 34.3%, compared to the industry average of 7% [6][7]. Earnings Estimate Revisions - The current-year earnings estimates for Coastal Financial have been revised upward, with the Zacks Consensus Estimate increasing by 1.1% over the past month, indicating positive momentum [9]. Overall Positioning - With a Growth Score of B and a Zacks Rank of 2, Coastal Financial is well-positioned for potential outperformance in the market, making it a compelling choice for growth investors [10][11].

Coastal Financial Corporation (CCB) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.04%. A quarter ago, it was expected that this company would post earnings of $0.81 per share when it actually produced earnings of $0.84, delivering a surprise of 3.70%. Over the last four quarters, ...

Exhibit 99.1 • COASTAL FINANCIAL CORPORATION ANNOUNCES THIRD QUARTER 2024 RESULTS Company Release: October 28, 2024 Everett, WA – Coastal Financial Corporation (Nasdaq: CCB) (the "Company", "Coastal", "we", "our", or "us"), the holding company for Coastal Community Bank (the "Bank"), through which it operates a community-focused bank with an industry leading banking as a service ("BaaS") segment, today reported unaudited financial results for the quarter ended September 30, 2024, including net income of $13 ...

Share and Per Share Data (2): EVERETT, Wash., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB) (the "Company", "Coastal", "we", "our", or "us"), the holding company for Coastal Community Bank (the "Bank"), through which it operates a community-focused bank with an industry leading banking as a service ("BaaS") segment, today reported unaudited financial results for the quarter ended September 30, 2024, including net income of $13.5 million, or $0.97 per diluted common share, com ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Coastal Financial Corporation (CCB) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Coastal Financial Corporation is one of 871 companies in the Finance group. The Finance group currently sits at #3 within the Zacks Sector Rank. ...

Group 1 - The Zacks Rank system focuses on earnings estimates and revisions to identify strong stocks, with value investing being a particularly popular strategy across various market conditions [1] - Value investors utilize fundamental analysis to find companies perceived as undervalued based on their current share prices [1] - The Style Scores system by Zacks allows investors to filter stocks with specific traits, with a focus on the "Value" category for value investors [1] Group 2 - Coastal Financial (CCB) has a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong investment potential [2] - CCB's P/E ratio is 11.45, which is lower than the industry average of 11.63, suggesting it may be undervalued [2] - The stock's Forward P/E has fluctuated between 7.26 and 13.14 over the past year, with a median of 10.13, reflecting its valuation dynamics [2] - CCB's P/S ratio stands at 1.31, significantly lower than the industry average of 2.28, further indicating potential undervaluation [2] - The combination of CCB's strong earnings outlook and favorable valuation metrics positions it as an impressive value stock [2]