Coastal Financial Corporation (CCB) Q3 Earnings Lag Estimates

Core Insights - Coastal Financial Corporation (CCB) reported quarterly earnings of $0.88 per share, missing the Zacks Consensus Estimate of $0.89 per share, and down from $0.97 per share a year ago, representing an earnings surprise of -1.12% [1] - The company posted revenues of $144.68 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 12.15%, but down from $152.26 million year-over-year [2] - Coastal Financial shares have increased approximately 23.5% year-to-date, outperforming the S&P 500's gain of 17.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.19 on revenues of $136.7 million, and for the current fiscal year, it is $3.38 on revenues of $524.7 million [7] - The estimate revisions trend for Coastal Financial was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Zacks Industry Rank for Banks - West is currently in the top 11% of over 250 Zacks industries, suggesting a favorable outlook for the sector [8]