Coastal Financial (CCB) Expected to Post Quarterly Earnings on Wednesday

Coastal Financial (NASDAQ:CCBGet Free Report) will likely be releasing its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of $1.01 per share and revenue of $148.4970 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Monday, July 27, 2026 at 9:30 AM ET.

Coastal Financial (NASDAQ:CCBGet Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.02 by ($0.24). The firm had revenue of $56.30 million during the quarter, compared to analysts’ expectations of $138.63 million. Coastal Financial had a return on equity of 10.20% and a net margin of 7.35%. On average, analysts expect Coastal Financial to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Coastal Financial Stock Down 1.0%

Shares of Coastal Financial stock opened at $77.25 on Wednesday. The company has a 50-day simple moving average of $73.67 and a two-hundred day simple moving average of $82.60. The stock has a market capitalization of $1.18 billion, a PE ratio of 24.22 and a beta of 0.72. Coastal Financial has a 52-week low of $66.50 and a 52-week high of $120.05. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.03 and a current ratio of 1.06.

Analyst Ratings Changes

CCB has been the subject of several analyst reports. Zacks Research raised shares of Coastal Financial from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 30th. Stephens reiterated an “overweight” rating and set a $110.00 target price on shares of Coastal Financial in a research note on Friday, May 1st. Keefe, Bruyette & Woods reduced their target price on Coastal Financial from $115.00 to $95.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Wall Street Zen raised Coastal Financial from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Coastal Financial in a research note on Monday, June 29th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $122.60.

Read Our Latest Analysis on CCB

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Smartleaf Asset Management LLC lifted its position in Coastal Financial by 20,700.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 624 shares of the company’s stock valued at $72,000 after purchasing an additional 621 shares during the period. Russell Investments Group Ltd. boosted its holdings in Coastal Financial by 229.5% in the second quarter. Russell Investments Group Ltd. now owns 827 shares of the company’s stock worth $80,000 after purchasing an additional 576 shares during the last quarter. Tower Research Capital LLC TRC grew its position in Coastal Financial by 521.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,262 shares of the company’s stock worth $122,000 after purchasing an additional 1,059 shares during the period. DRW Securities LLC bought a new stake in Coastal Financial in the 4th quarter worth approximately $214,000. Finally, Brooklyn Investment Group raised its stake in Coastal Financial by 28.0% during the 3rd quarter. Brooklyn Investment Group now owns 2,063 shares of the company’s stock valued at $223,000 after buying an additional 451 shares during the last quarter. 59.24% of the stock is owned by hedge funds and other institutional investors.

About Coastal Financial

(Get Free Report)

Coastal Financial Corporation is a bank holding company whose principal subsidiary, Coastal Community Bank, provides a full range of community banking services to clients along North Carolina’s central and eastern coastline. The company focuses on delivering personalized relationship banking to individuals, small businesses, and local professionals in seaside and inland communities.

Through Coastal Community Bank, Coastal Financial offers deposit products including checking, savings, money market accounts and certificates of deposit.

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Earnings History for Coastal Financial (NASDAQ:CCB)

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