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Coastal Financial (Coastal Financial) Book Value per Share : $22.65 (As of Mar. 2024)


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What is Coastal Financial Book Value per Share?

Coastal Financial's book value per share for the quarter that ended in Mar. 2024 was $22.65.

During the past 12 months, Coastal Financial's average Book Value Per Share Growth Rate was 15.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 20.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Coastal Financial was 26.70% per year. The lowest was 19.40% per year. And the median was 23.60% per year.

Coastal Financial's current price is $44.26. Its book value per share for the quarter that ended in Mar. 2024 was $22.65. Hence, today's PB Ratio of Coastal Financial is 1.95.

During the past 8 years, the highest P/B Ratio of Coastal Financial was 3.88. The lowest was 0.87. And the median was 1.91.


Coastal Financial Book Value per Share Historical Data

The historical data trend for Coastal Financial's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Coastal Financial Book Value per Share Chart

Coastal Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial 10.42 11.73 15.63 18.50 22.17

Coastal Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.66 20.50 21.38 22.17 22.65

Competitive Comparison of Coastal Financial's Book Value per Share

For the Banks - Regional subindustry, Coastal Financial's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coastal Financial's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Coastal Financial's PB Ratio distribution charts can be found below:

* The bar in red indicates where Coastal Financial's PB Ratio falls into.



Coastal Financial Book Value per Share Calculation

Coastal Financial's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(295.0-0.0)/13.3
=22.17

Coastal Financial's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(303.7-0.0)/13.4
=22.65

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Coastal Financial  (NAS:CCB) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Coastal Financial Book Value per Share Related Terms

Thank you for viewing the detailed overview of Coastal Financial's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Coastal Financial (Coastal Financial) Business Description

Traded in Other Exchanges
Address
5415 Evergreen Way, Everett, WA, USA, 98203
Coastal Financial Corp is a financial service provider. The company is engaged in providing banking products and services to consumers and small to medium sized businesses. The operating segment of the company is community banking. The services provided by the company include online banking and pay, mobile banking, securlock equip, and loans and deposit.
Executives
Eric M Sprink director, officer: President & CEO 5415 EVERGREEN WAY, EVERETT WA 98203
Steven D Hovde director 1110 LAKE COOK ROAD, SUITE 165, BUFFALO GROVE IL 60089
Andrew P Skotdal director 5415 EVERGREEN WAY, EVERETT WA 98203
John J Dickson officer: Chief Operations Officer C/O COASTAL FINANCIAL CORP, 5415 EVERGREEN WAY, EVERETT WA 98203
Russ A Keithley officer: Chief Lending Officer 5415 EVERGREEN WAY, EVERETT WA 98203
Curt Queyrouze officer: President 5415 EVERGREEN WAY, EVERETT WA 98203
Thomas D Lane director 5415 EVERGREEN WAY, EVERETT WA 98203
Michael Robert Patterson director 5415 EVERGREEN WAY, EVERETT WA 98203
Andrew R Dale director 5415 EVERGREEN WAY, EVERETT WA 98203
Pamela Unger director 5415 EVERGREEN WAY, EVERETT WA 98203
Rilla S Delorier director 5415 EVERGREEN WAY, EVERETT WA 98203
Daniel J Lee officer: EVP & Chief Credit & Risk Off. 5415 EVERGREEN WAY, EVERETT WA 98203
Sadhana Akella-mishra director 5415 EVERGREEN WAY, EVERETT WA 98203
Haugen John M Jr director 5415 EVERGREEN WAY, EVERETT VA 98203
Stephan Klee director 5415 EVERGREEN WAY, EVERETT WA 98203

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