Company Coastal Financial Corporation

Equities

CCB

US19046P2092

Banks

Delayed Nasdaq 03:59:28 2024-05-03 pm EDT 5-day change 1st Jan Change
42 USD +4.82% Intraday chart for Coastal Financial Corporation +3.45% -5.43%

Business Summary

Coastal Financial Corporation is the bank holding company that operates through its subsidiaries, including Coastal Community Bank (Bank) and Arlington Olympic LLC. The Company operates through three segments: CCBX, the Community Bank and treasury & administration. The CCBX segment provides banking as a service (BaaS) activities that allows its broker-dealer and digital financial service partners to offer their customers banking services. It offers a variety of loans to business owners, including commercial and industrial loans and commercial real estate loans secured by owner-occupied commercial properties. The Community Bank segment provides a range of banking products and services to consumers and small to medium sized businesses in the broader Puget Sound region in the state of Washington and through the Internet and its mobile banking application. The treasury and administration segment includes treasury management, overall administration and all other aspects of the Company.

Number of employees: 507

Sales per Business

USD in Million2022Weight2023Weight Delta
CCBX
79.3 %
206 69.4 % 354 79.3 % +71.87%
Community Bank
18.9 %
91 30.6 % 84 18.9 % -7.19%
Treasury & Administration
1.8 %
- - 8 1.8 % -

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
296 100.0 % 446 100.0 % +50.41%

Managers

Managers TitleAgeSince
Chief Executive Officer 51 05-12-31
President 62 22-05-31
Director of Finance/CFO 63 11-12-31
Chief Tech/Sci/R&D Officer - 23-01-23
Human Resources Officer - 18-10-17
Corporate Officer/Principal 58 14-12-31
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 10-12-31
Chief Executive Officer 51 05-12-31
Director/Board Member 57 20-10-31
Director/Board Member 69 01-12-31
Director/Board Member 50 18-07-23
Chairman 44 15-12-31
Director/Board Member 54 96-12-31
Director/Board Member 47 19-05-31
Director/Board Member 38 21-05-23
Director/Board Member 63 21-09-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 13,407,320 10,918,837 ( 81.44 %) 0 81.44 %

Shareholders

NameEquities%Valuation
1,741,841 13.09 % 68 M $
T. Rowe Price Investment Management, Inc.
6.449 %
857,959 6.449 % 33 M $
T. Rowe Price Investment Management, Inc.
6.449 %
857,959 6.449 % 33 M $
BlackRock Advisors LLC
5.965 %
793,594 5.965 % 31 M $
Endeavour Capital Advisors, Inc.
5.591 %
743,898 5.591 % 29 M $
Vanguard Fiduciary Trust Co.
4.457 %
593,009 4.457 % 23 M $
532,237 4.000 % 21 M $
GW&K Investment Management LLC
2.502 %
332,845 2.502 % 13 M $
Dimensional Fund Advisors LP
2.376 %
316,125 2.376 % 12 M $
285,681 2.147 % 11 M $

Company contact information

Coastal Financial Corp. (Washington)

5415 Evergreen Way

98203-3646, Everett

+425 257 9000

http://www.coastalbank.com
address Coastal Financial Corporation(CCB)
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