Coastal Financial (Coastal Financial) Accounts Payable & Accrued Expense : $34.5 Mil (As of Dec. 2023)

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What is Coastal Financial Accounts Payable & Accrued Expense?

Coastal Financial's quarterly accounts payable & accrued expense increased from Jun. 2023 ($28.5 Mil) to Sep. 2023 ($39.3 Mil) but then declined from Sep. 2023 ($39.3 Mil) to Dec. 2023 ($34.5 Mil).

Coastal Financial's annual accounts payable & accrued expense increased from Dec. 2021 ($2.2 Mil) to Dec. 2022 ($21.1 Mil) and increased from Dec. 2022 ($21.1 Mil) to Dec. 2023 ($34.5 Mil).

Coastal Financial Accounts Payable & Accrued Expense Historical Data

The historical data trend for Coastal Financial's Accounts Payable & Accrued Expense 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.

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Coastal Financial Accounts Payable & Accrued Expense Chart

Coastal Financial Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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0.31

0.53

2.20

21.10

34.54

Coastal Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															21.10	31.67	28.48	39.29	34.54

Coastal Financial Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Coastal Financial (Coastal Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Coastal Financial Corp (NAS:CCB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

1VD:Germany

Address

5415 Evergreen Way, Everett, WA, USA, 98203

Website

https://www.coastalbank.com

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