Coastal Financial (CCB) Projected to Release Quarterly Earnings on Thursday

Coastal Financial (NASDAQ:CCB) is expected to announce its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect Coastal Financial to post earnings of $0.9620 per share and revenue of $158.85 million for the quarter. Investors may visit the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 12:30 PM ET.

Coastal Financial (NASDAQ:CCB) last announced its quarterly earnings data on Thursday, July 30th. The company reported ($2.76) EPS for the quarter, missing analysts’ consensus estimates of $1.01 by ($3.77). Coastal Financial had a negative return on equity of 0.80% and a negative net margin of 0.53%. The business had revenue of $178.07 million during the quarter, compared to the consensus estimate of $148.50 million. On average, analysts expect Coastal Financial to post $0.85 EPS for the current fiscal year and $5.47 EPS for the next fiscal year.

Coastal Financial Stock Performance

Shares of CCB opened at $43.31 on Thursday. Coastal Financial has a 12 month low of $35.56 and a 12 month high of $120.05. The firm has a fifty day simple moving average of $45.18 and a 200 day simple moving average of $62.67. The stock has a market capitalization of $662.21 million, a price-to-earnings ratio of -154.67 and a beta of 0.86. The company has a current ratio of 1.05, a quick ratio of 1.03 and a debt-to-equity ratio of 0.10.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Zacks Research cut shares of Coastal Financial from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 4th. TD Cowen restated a “buy” rating on shares of Coastal Financial in a research note on Tuesday, September 29th. Keefe, Bruyette & Woods reduced their price objective on shares of Coastal Financial from $95.00 to $53.00 and set an “outperform” rating for the company in a research note on Friday, July 31st. Weiss Ratings cut Coastal Financial from a “hold (c)” rating to a “sell (d)” rating in a report on Tuesday, August 11th. Finally, Raymond James Financial downgraded Coastal Financial from a “strong-buy” rating to an “outperform” rating and set a $50.00 target price on the stock. in a research report on Friday, July 31st. Five analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $91.33.

Key Stories Impacting Coastal Financial

Here are the key news stories impacting Coastal Financial this week:

• Positive Sentiment: Unusually heavy options activity provided a limited bullish signal: investors purchased 7,000 call options, compared with average call volume of about 135. However, options activity alone does not establish a sustained recovery.
• Neutral Sentiment: The legal announcements largely repeat the same pending lawsuit and deadline rather than reporting a new court ruling or settlement. The allegations have not been proven, and the companies and executives named in the case will have an opportunity to respond. Rosen securities class action notice
• Negative Sentiment: The lawsuit-related notices allege that Coastal inadequately disclosed credit deterioration in its CCBX Banking-as-a-Service partner portfolio while providing overly reassuring information about credit quality. The claims follow the company’s reported second-quarter net loss of $42.1 million, including a $68.8 million credit expense tied primarily to one partner relationship, and a roughly 43% one-day share-price decline on July 30. Hagens Berman Coastal Financial class action alert
• Negative Sentiment: The volume of investor-law-firm solicitations increases headline and litigation risk, potentially adding pressure to CCB’s valuation. Investors will likely focus on the ultimate size of credit losses, the health of the CCBX portfolio, management’s disclosures, and any regulatory or legal developments. Levi and Korsinsky CCB deadline alert

Insider Activity at Coastal Financial

In related news, Director Steven D. Hovde acquired 10,000 shares of the business’s stock in a transaction dated Thursday, August 6th. The stock was bought at an average price of $43.83 per share, with a total value of $438,300.00. Following the acquisition, the director owned 26,500 shares in the company, valued at $1,161,495. This represents a 60.61% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Eric M. Sprink bought 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The stock was purchased at an average cost of $44.45 per share, with a total value of $444,500.00. Following the completion of the purchase, the chief executive officer directly owned 173,238 shares of the company’s stock, valued at $7,700,429.10. This represents a 6.13% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 25,290 shares of company stock worth $1,115,894 in the last ninety days. Insiders own 13.49% of the company’s stock.

About Coastal Financial

Coastal Financial Corporation is a bank holding company headquartered in Everett, Washington. Its principal subsidiary, Coastal Community Bank, provides banking services to individuals, families, and businesses in the Pacific Northwest, with a focus on communities in the Puget Sound region.

Coastal Community Bank offers consumer and commercial deposit accounts, residential and commercial real estate lending, business loans, lines of credit, treasury management, online and mobile banking, and other traditional banking products.