Coastal Financial (Coastal Financial) Price-to-Tangible-Book : 1.86 (As of Apr. 25, 2024)

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What is Coastal Financial Price-to-Tangible-Book?

As of today (2024-04-25), Coastal Financial's share price is $41.19. Coastal Financial's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $22.17. Hence, Coastal Financial's Price to Tangible Book Ratio of today is 1.86.

The historical rank and industry rank for Coastal Financial's Price-to-Tangible-Book or its related term are showing as below:

CCB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.58 Med: 1.9 Max: 3.24
Current: 1.86

During the past 8 years, Coastal Financial's highest Price to Tangible Book Ratio was 3.24. The lowest was 1.58. And the median was 1.90.

CCB's Price-to-Tangible-Book is ranked worse than
86.38% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs CCB: 1.86

A closely related ratio is called PB Ratio. As of today, Coastal Financial's share price is $41.19. Coastal Financial's Book Value per Sharefor the quarter that ended in Dec. 2023 was $22.17. Hence, Coastal Financial's P/B Ratio of today is 1.86.

Coastal Financial Price-to-Tangible-Book Historical Data

The historical data trend for Coastal Financial's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Coastal Financial Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.58

1.79

3.24

2.57

2.00

Coastal Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.57	1.83	1.84	2.01	2.00

Competitive Comparison of Coastal Financial's Price-to-Tangible-Book

For the Banks - Regional subindustry, Coastal Financial's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Coastal Financial's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Coastal Financial's Price-to-Tangible-Book falls into.

Coastal Financial Price-to-Tangible-Book Calculation

Coastal Financial's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	41.19	/	22.172
	=	1.86

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Coastal Financial Price-to-Tangible-Book Related Terms

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

Coastal Financial (Coastal Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Coastal Financial Corp (NAS:CCB) » Definitions » Price-to-Tangible-Book

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