The book value per share for CCB stands at $29.98, and the Common Equity Tier 1 (CET1) ratio is at 12.13%. The first quarter of 2025 presented challenges due to increased expenses arising from the integration of new partnerships and products within CCBX, along with investments in technology. However, these expenditures are expected to generate significant long-term benefits in terms of revenue and earnings.
During this period, CCB achieved a notable deposit growth of $205.9 million. Furthermore, the CCBX program demonstrated robust performance, with program fee income rising by 55.2% compared to the first quarter of the previous year, 2024.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for Coastal Financial Corp (CCB, Financial) is $109.75 with a high estimate of $120.00 and a low estimate of $100.00. The average target implies an upside of 29.50% from the current price of $84.75. More detailed estimate data can be found on the Coastal Financial Corp (CCB) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, Coastal Financial Corp's (CCB, Financial) average brokerage recommendation is currently 1.5, indicating "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Coastal Financial Corp (CCB, Financial) in one year is $127.76, suggesting a upside of 50.75% from the current price of $84.75. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Coastal Financial Corp (CCB) Summary page.
