Coastal Financial Corporation - Common Stock (CCB)
Frequently Asked Questions About Coastal Financial Corporation - Common Stock (CCB)
How can investors stay informed about Coastal Financial Corporation?
Investors can stay informed about Coastal Financial Corporation by regularly checking its official website for updates, press releases, and financial reports. Additionally, following the company on social media platforms and subscribing to financial news services can provide valuable insights into the company’s performance and newsworthy events.
How does Coastal Financial Corporation approach risk management?
Coastal Financial Corporation approaches risk management through a comprehensive framework that identifies, assesses, and mitigates potential risks across its operations. The company employs robust internal controls, regular audits, and ongoing training to safeguard its assets and ensure compliance with regulatory requirements.
How does Coastal Financial Corporation prioritize customer service?
Coastal Financial Corporation prioritizes customer service by emphasizing relationship-building, personalized interactions, and responsiveness to client needs. The company trains its staff to deliver exceptional service, ensuring that customers receive tailored financial advice and support throughout their banking experience.
How does Coastal Financial Corporation support local communities?
Coastal Financial Corporation supports local communities through various initiatives, such as community investments, sponsorships, andCharitable contributions. The bank actively participates in community events and partners with local organizations to strengthen community ties and promote economic growth in the regions it serves.
Is Coastal Financial Corporation publicly traded?
Yes, Coastal Financial Corporation is publicly traded on the Nasdaq stock exchange under the ticker symbol CCB. This enables investors to buy and sell shares of the company, giving individuals the opportunity to invest in its growth and participate in its financial success.
What are Coastal Financial Corporation’s growth strategies?
Coastal Financial Corporation's growth strategies include expanding its branch network, enhancing digital banking capabilities, and diversifying its service offerings. The company aims to grow its market share by attracting new customers while retaining existing clients through exceptional service and innovative financial products.
What does Coastal Financial Corporation do?
Coastal Financial Corporation is a financial services company that operates as a bank holding company for Coastal Community Bank. It provides a wide range of banking services, including personal banking, commercial banking, mortgage services, and wealth management. With a focus on serving individuals, businesses, and communities in the Pacific Northwest, the company aims to deliver personalized financial solutions while supporting local growth and development.
What financial performance metrics are important for Coastal Financial Corporation?
Key financial performance metrics for Coastal Financial Corporation include return on assets (ROA), return on equity (ROE), net interest margin, and the efficiency ratio. These indicators provide insights into the company's profitability, operational efficiency, and overall financial health, helping investors assess its performance and growth potential.
What is Coastal Financial Corporation’s approach to technology?
Coastal Financial Corporation embraces technology as a critical component of its operations and customer service strategy. The company invests in digital banking solutions, mobile applications, and cybersecurity measures to enhance customer experience, streamline processes, and ensure secure transactions.
What is the company’s stance on sustainability?
Coastal Financial Corporation recognizes the importance of sustainability and is committed to incorporating environmentally responsible practices into its operations. This includes promoting green banking initiatives, supporting sustainable business practices, and engaging with customers to encourage environmentally friendly choices.
What is the mission of Coastal Financial Corporation?
The mission of Coastal Financial Corporation is to be a trusted financial partner, delivering high-quality banking solutions while fostering positive relationships with customers and communities. The company strives to operate with integrity and excellence, prioritizing customer satisfaction and community well-being in all its endeavors.
What is the significance of the ticker symbol CCB?
The ticker symbol 'CCB' represents Coastal Financial Corporation on the Nasdaq stock exchange, allowing investors to easily identify and trade shares of the company. Ticker symbols serve as a shorthand for stock listings, facilitating efficient trading practices and ensuring transparency in the stock market.
What regulatory bodies oversee Coastal Financial Corporation?
Coastal Financial Corporation is regulated by federal and state banking authorities, including the Federal Deposit Insurance Corporation (FDIC) and the Washington State Department of Financial Institutions. These agencies ensure that the company complies with banking regulations and maintains the safety and soundness of its operations.
What services does Coastal Financial Corporation offer?
Coastal Financial Corporation offers a comprehensive array of banking services, including checking and savings accounts, loans, mortgages, credit cards, and investment services. It provides both consumer and commercial banking solutions, ensuring that clients have access to the financial products they need for personal and business growth.
What types of loans does Coastal Financial Corporation offer?
Coastal Financial Corporation offers various types of loans, including personal loans, auto loans, home equity lines of credit (HELOCs), and commercial loans. These lending products cater to both individual and business needs, providing customers with flexible financing options to achieve their financial goals.
When was Coastal Financial Corporation founded?
Coastal Financial Corporation was founded in 1997. Since its inception, the company has focused on building strong relationships with its customers and communities. Its growth strategy has included expanding its branch network and enhancing its service offerings to meet the evolving needs of its clients.
Where is Coastal Financial Corporation headquartered?
Coastal Financial Corporation is headquartered in Everett, Washington. This location allows the company to effectively serve its primary markets in the Pacific Northwest, leveraging local knowledge and community connections to provide tailored banking solutions.
Who are the key executives at Coastal Financial Corporation?
The executive team at Coastal Financial Corporation includes a diverse group of experienced professionals with backgrounds in banking, finance, and management. The leadership team focuses on strategic decision-making and operational excellence, ensuring that the company effectively meets the needs of its customers and stakeholders.
What is the current price of Coastal Financial Corporation - Common Stock?
The current price of Coastal Financial Corporation - Common Stock is 79.30
When was Coastal Financial Corporation - Common Stock last traded?
The last trade of Coastal Financial Corporation - Common Stock was at 2:50 pm EDT on April 4th, 2025
What is the market capitalization of Coastal Financial Corporation - Common Stock?
The market capitalization of Coastal Financial Corporation - Common Stock is 1.03B
How many shares of Coastal Financial Corporation - Common Stock are outstanding?
Coastal Financial Corporation - Common Stock has 12.95M shares outstanding.