Coastal Financial (CCB) Projected to Post Earnings on Tuesday

Key Points

• Coastal Financial will report Q1 2026 results before the market opens on Tuesday, May 5, with analysts forecasting $1.03 EPS and approximately $138.43 million in revenue; a conference call is scheduled for Monday, May 4 at 12:30 PM ET.
• The company badly missed the prior quarter—$0.82 EPS vs. a $1.16 consensus and $56.49M revenue vs. $140.81M est.—but analysts still project about $5 EPS for the current fiscal year and $8 EPS next year.
• Shares trade with a market cap of ~$1.27B and a PE of 27.39, and the analyst consensus is a Buy with a $133.60 average price target amid mixed recent upgrades and downgrades.

Coastal Financial (NASDAQ:CCB - Get Free Report) is expected to release its Q1 2026 results before the market opens on Tuesday, May 5th. Analysts expect Coastal Financial to post earnings of $1.03 per share and revenue of $138.4330 million for the quarter. Investors can find conference call details on the company's upcoming Q1 2026 earning report page for the latest details on the call scheduled for Monday, May 4, 2026 at 12:30 PM ET.

Coastal Financial (NASDAQ:CCB - Get Free Report) last posted its quarterly earnings results on Thursday, January 29th. The company reported $0.82 earnings per share for the quarter, missing the consensus estimate of $1.16 by ($0.34). Coastal Financial had a net margin of 7.11% and a return on equity of 10.01%. The company had revenue of $56.49 million for the quarter, compared to the consensus estimate of $140.81 million. On average, analysts expect Coastal Financial to post $5 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Coastal Financial Stock Performance

Coastal Financial stock opened at $83.28 on Tuesday. The company has a 50 day moving average price of $79.11 and a 200-day moving average price of $97.25. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.04 and a current ratio of 1.06. Coastal Financial has a fifty-two week low of $70.72 and a fifty-two week high of $120.05. The company has a market capitalization of $1.27 billion, a PE ratio of 27.39 and a beta of 0.87.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on CCB shares. Hovde Group decreased their price target on shares of Coastal Financial from $140.00 to $133.00 and set an "outperform" rating for the company in a research note on Friday, January 30th. Zacks Research raised shares of Coastal Financial from a "strong sell" rating to a "hold" rating in a research note on Monday, April 6th. Keefe, Bruyette & Woods decreased their price target on shares of Coastal Financial from $135.00 to $125.00 and set an "outperform" rating for the company in a research note on Monday, February 2nd. Wall Street Zen raised shares of Coastal Financial from a "sell" rating to a "hold" rating in a research note on Saturday, April 18th. Finally, TD Cowen raised shares of Coastal Financial to a "strong-buy" rating in a research note on Monday, April 13th. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $133.60.

Institutional Trading of Coastal Financial

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Mendon Capital Advisors Corp boosted its position in Coastal Financial by 1.0% during the 4th quarter. Mendon Capital Advisors Corp now owns 30,000 shares of the company's stock valued at $3,438,000 after acquiring an additional 300 shares in the last quarter. XTX Topco Ltd bought a new stake in Coastal Financial during the 4th quarter valued at $451,000. Numerai GP LLC bought a new stake in Coastal Financial during the 4th quarter valued at $978,000. Balyasny Asset Management L.P. boosted its position in Coastal Financial by 16.2% during the 4th quarter. Balyasny Asset Management L.P. now owns 2,567 shares of the company's stock valued at $294,000 after acquiring an additional 357 shares in the last quarter. Finally, Jain Global LLC bought a new stake in Coastal Financial during the 4th quarter valued at $826,000. Institutional investors own 59.24% of the company's stock.

About Coastal Financial

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.