3 Reasons Why Growth Investors Shouldn't Overlook Coastal Financial (CCB)

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].