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home / news releases / CCB - Coastal Financial: Loan Growth Is The Major Earnings Catalyst (Rating Downgrade)

CCB - Coastal Financial: Loan Growth Is The Major Earnings Catalyst (Rating Downgrade)

Coastal Financial Corporation

2023-05-25 00:37:13 ET

Summary

  • Washington’s economy will likely keep loan growth from slowing down too much.
  • The rate of margin expansion will decline in the second quarter because the deposit mix significantly worsened during the first quarter.
  • The year-end target price suggests a moderate downside from the current market price. CCB does not currently pay a dividend.
  • The risk level appears low to moderate.

For further details see:

Coastal Financial: Loan Growth Is The Major Earnings Catalyst (Rating Downgrade)
Stock Information
Company Name: Coastal Financial Corporation
Stock Symbol: CCB
Market: NASDAQ
Website: coastalbank.com
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