Coastal Financial (CCB) to Post Quarterly Earnings on Wednesday

Coastal Financial (NASDAQ:CCB) is expected to be announcing its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of $1.01 per share and revenue of $148.4970 million for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:00 AM ET.

Coastal Financial (NASDAQ:CCB) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $1.02 by ($0.24). The company had revenue of $56.30 million for the quarter, compared to analysts’ expectations of $138.63 million. Coastal Financial had a return on equity of 10.20% and a net margin of 7.35%. On average, analysts expect Coastal Financial to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Coastal Financial Stock Performance

NASDAQ:CCB opened at $72.19 on Monday. The firm has a 50 day simple moving average of $73.97 and a 200-day simple moving average of $81.74. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.06 and a quick ratio of 1.03. The firm has a market cap of $1.10 billion, a PE ratio of 22.63 and a beta of 0.72. Coastal Financial has a 1-year low of $66.50 and a 1-year high of $120.05.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on CCB shares. Zacks Research raised Coastal Financial from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 30th. Wall Street Zen raised shares of Coastal Financial from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings restated a “hold (c)” rating on shares of Coastal Financial in a report on Monday, June 29th. Keefe, Bruyette & Woods reduced their price target on shares of Coastal Financial from $115.00 to $95.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. Finally, TD Cowen decreased their price objective on shares of Coastal Financial from $145.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Coastal Financial currently has a consensus rating of “Moderate Buy” and an average target price of $122.60.

Institutional Investors Weigh In On Coastal Financial

Institutional investors have recently modified their holdings of the stock. Brooklyn Investment Group increased its holdings in shares of Coastal Financial by 185.3% in the 4th quarter. Brooklyn Investment Group now owns 5,885 shares of the company’s stock worth $690,000 after acquiring an additional 3,822 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Coastal Financial by 15.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,436 shares of the company’s stock valued at $672,000 after purchasing an additional 977 shares during the period. LPL Financial LLC increased its stake in shares of Coastal Financial by 32.4% in the fourth quarter. LPL Financial LLC now owns 5,044 shares of the company’s stock valued at $578,000 after purchasing an additional 1,233 shares during the period. Royal Bank of Canada raised its holdings in shares of Coastal Financial by 8.2% during the fourth quarter. Royal Bank of Canada now owns 4,844 shares of the company’s stock valued at $555,000 after buying an additional 369 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of Coastal Financial during the third quarter valued at approximately $533,000. Institutional investors and hedge funds own 59.24% of the company’s stock.

Coastal Financial Company Profile

Coastal Financial Corporation is a bank holding company whose principal subsidiary, Coastal Community Bank, provides a full range of community banking services to clients along North Carolina’s central and eastern coastline. The company focuses on delivering personalized relationship banking to individuals, small businesses, and local professionals in seaside and inland communities.

Through Coastal Community Bank, Coastal Financial offers deposit products including checking, savings, money market accounts and certificates of deposit.