Coastal Financial (CCB) Projected to Release Earnings on Thursday

Coastal Financial (NASDAQ:CCB) is anticipated to post its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect the company to post earnings of $0.9620 per share and revenue of $158.85 million for the quarter. Investors can check the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 29, 2026 at 8:00 AM ET.

Coastal Financial (NASDAQ:CCB) last announced its earnings results on Thursday, July 30th. The company reported ($2.76) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.01 by ($3.77). Coastal Financial had a negative net margin of 0.53% and a negative return on equity of 0.80%. The company had revenue of $178.07 million for 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 Trading Down 0.3%

Shares of NASDAQ:CCB opened at $45.08 on Tuesday. The company has a market capitalization of $689.27 million, a PE ratio of -160.99 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. Coastal Financial has a 12-month low of $35.56 and a 12-month high of $120.05. The business’s fifty day simple moving average is $44.82 and its 200-day simple moving average is $70.03.

More Coastal Financial News

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

• Positive Sentiment: No material positive catalysts were reported in the latest coverage.
• Neutral Sentiment: Several law firms, including Rosen Law Firm and Kaplan Fox, repeated notices concerning investors who purchased CCB shares between October 28, 2024, and July 29, 2026. These announcements primarily concern shareholder participation and do not represent a new operating development. Rosen investor deadline announcement
• Negative Sentiment: The lawsuit alleges that Coastal Financial misled investors about CCBX loan-credit quality, risk management, and the protections provided by partner agreements. The complaint specifically claims that a deteriorating partner-loan portfolio of approximately $500 million, or nearly 23% of CCBX loans, created significant credit-loss exposure. These allegations have not been proven. Wolf Haldenstein lawsuit announcement
• Negative Sentiment: One notice alleges that Coastal’s CEO and two successive CFOs oversaw CCBX credit-quality assurances and that two executives sold approximately $15.8 million of stock before the sharp decline. If substantiated, the claims could increase litigation, regulatory, and reputational risks. Levi and Korsinsky shareholder alert

Insider Buying and Selling at Coastal Financial

In related news, Director Steven D. Hovde acquired 10,000 shares of the stock in a transaction dated Thursday, August 6th. The stock was acquired at an average cost of $43.83 per share, for a total transaction of $438,300.00. Following the completion of the purchase, the director owned 26,500 shares of the company’s stock, valued at approximately $1,161,495. This represents a 60.61% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Eric M. Sprink acquired 10,000 shares of the company’s stock in a transaction dated Thursday, August 6th. The shares were bought at an average cost of $44.45 per share, for a total transaction of $444,500.00. Following the completion of the acquisition, the chief executive officer directly owned 173,238 shares of the company’s stock, valued at approximately $7,700,429.10. The trade was a 6.13% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have purchased 25,290 shares of company stock worth $1,115,894. 13.49% of the stock is owned by company insiders.

Analyst Ratings Changes

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

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.