Coastal Financial: Outlook Of Earnings Surge Appears Priced In

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 ...