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Coastal Financial (Coastal Financial) Momentum Rank : 7 (As of May. 12, 2024)


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What is Coastal Financial Momentum Rank?

Coastal Financial has the Momentum Rank of 7.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Coastal Financial's Momentum Rank

For the Banks - Regional subindustry, Coastal Financial's Momentum Rank, along with its competitors' market caps and Momentum Rank 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 Momentum Rank Distribution in the Banks Industry

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

* The bar in red indicates where Coastal Financial's Momentum Rank falls into.



Coastal Financial Momentum Rank Related Terms

Thank you for viewing the detailed overview of Coastal Financial's Momentum Rank 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

Coastal Financial (Coastal Financial) Headlines

From GuruFocus

This Insider Just Sold Shares of Coastal Financial Corp

By GuruFocus Research GuruFocus Editor 12-29-2022

Coastal Names Bank Secrecy Act (BSA) Officer

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Coastal Names New President

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Coastal Names Bank Secrecy Act (BSA) Officer

By PurpleRose PurpleRose 07-12-2022

Coastal Names Bank Secrecy Act (BSA) Officer

By GuruFocusNews GuruFocusNews 07-02-2022

This Insider Just Sold Shares of Coastal Financial Corp

By GuruFocus Research GuruFocus Editor 12-24-2022

Insider Alert: An Insider Just Sold Coastal Financial Corp Shares

By GuruFocus Research GuruFocus Editor 01-11-2023