COASTAL FINANCIAL CORP/WA (CCB)
US19046P2092 - Common Stock
CCB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 407 industry peers in the Banks industry. Both the profitability and financial health of CCB have multiple concerns. CCB is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
CCB had positive earnings in the past year.
CCB had a positive operating cash flow in the past year.
Each year in the past 5 years CCB has been profitable.
CCB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of CCB (1.01%) is better than 71.11% of its industry peers.
CCB has a Return On Equity of 12.31%. This is amongst the best in the industry. CCB outperforms 85.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.01% | ||
| ROE | 12.31% | ||
| ROIC | N/A |
ROA(3y)1.17%
ROA(5y)1.11%
ROE(3y)15.07%
ROE(5y)13.32%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of CCB (7.29%) is worse than 87.16% of its industry peers.
CCB's Profit Margin has declined in the last couple of years.
CCB does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 7.29% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-24.27%
PM growth 5Y-16.11%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CCB does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CCB has more shares outstanding
The number of shares outstanding for CCB has been increased compared to 5 years ago.
The debt/assets ratio for CCB has been reduced compared to a year ago.
2.2 Solvency
CCB has a debt to FCF ratio of 0.20. This is a very positive value and a sign of high solvency as it would only need 0.20 years to pay back of all of its debts.
CCB has a better Debt to FCF ratio (0.20) than 88.40% of its industry peers.
CCB has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of CCB (0.14) is better than 64.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.2 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.51%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CCB shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -16.81%.
The Earnings Per Share has been growing by 29.14% on average over the past years. This is a very strong growth
Looking at the last year, CCB shows a very strong growth in Revenue. The Revenue has grown by 34.19%.
CCB shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 61.73% yearly.
EPS 1Y (TTM)-16.81%
EPS 3Y38.16%
EPS 5Y29.14%
EPS Q2Q%29.33%
Revenue 1Y (TTM)34.19%
Revenue growth 3Y89.43%
Revenue growth 5Y61.73%
Sales Q2Q%57.76%
3.2 Future
CCB is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.07% yearly.
The Revenue is expected to grow by 34.61% on average over the next years. This is a very strong growth
EPS Next Y0.15%
EPS Next 2Y26.88%
EPS Next 3Y32.07%
EPS Next 5YN/A
Revenue Next Year42.45%
Revenue Next 2Y34.64%
Revenue Next 3Y34.61%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 27.61, CCB can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of CCB indicates a rather expensive valuation: CCB more expensive than 83.95% of the companies listed in the same industry.
CCB's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.29.
With a Price/Forward Earnings ratio of 15.58, CCB is valued correctly.
69.88% of the companies in the same industry are cheaper than CCB, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.78, CCB is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.61 | ||
| Fwd PE | 15.58 |
4.2 Price Multiples
CCB's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CCB is cheaper than 91.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.12 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CCB does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as CCB's earnings are expected to grow with 32.07% in the coming years.
PEG (NY)183.32
PEG (5Y)0.95
EPS Next 2Y26.88%
EPS Next 3Y32.07%
5. Dividend
5.1 Amount
No dividends for CCB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
COASTAL FINANCIAL CORP/WA
NASDAQ:CCB (12/23/2024, 5:45:53 PM)
After market: 82 0 (0%)82
+1.28 (+1.59%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners61.21%
Inst Owner Change3.67%
Ins Owners19.01%
Ins Owner Change0.99%
Market Cap1.22B
Analysts85
Price Target77.78 (-5.15%)
Short Float %2.94%
Short Ratio3.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)6.81%
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.23%
Min EPS beat(2)0.83%
Max EPS beat(2)3.64%
EPS beat(4)2
Avg EPS beat(4)-10.07%
Min EPS beat(4)-34.54%
Max EPS beat(4)3.64%
EPS beat(8)4
Avg EPS beat(8)-6.14%
EPS beat(12)8
Avg EPS beat(12)0.51%
EPS beat(16)12
Avg EPS beat(16)4.06%
Revenue beat(2)0
Avg Revenue beat(2)-10.64%
Min Revenue beat(2)-19.01%
Max Revenue beat(2)-2.28%
Revenue beat(4)2
Avg Revenue beat(4)7.37%
Min Revenue beat(4)-19.01%
Max Revenue beat(4)30.15%
Revenue beat(8)4
Avg Revenue beat(8)2.69%
Revenue beat(12)8
Avg Revenue beat(12)11.83%
Revenue beat(16)12
Avg Revenue beat(16)11.47%
PT rev (1m)16.86%
PT rev (3m)22.98%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-18.78%
EPS NY rev (1m)-1.07%
EPS NY rev (3m)-5.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-15.81%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-2.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.61 | ||
| Fwd PE | 15.58 | ||
| P/S | 2.18 | ||
| P/FCF | 5.12 | ||
| P/OCF | 4.93 | ||
| P/B | 3.69 | ||
| P/tB | 3.69 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.97
EY3.62%
EPS(NY)5.26
Fwd EY6.42%
FCF(TTM)16
FCFY19.51%
OCF(TTM)16.62
OCFY20.27%
SpS37.55
BVpS22.23
TBVpS22.23
PEG (NY)183.32
PEG (5Y)0.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.01% | ||
| ROE | 12.31% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 7.29% | ||
| GM | N/A | ||
| FCFM | 42.61% |
ROA(3y)1.17%
ROA(5y)1.11%
ROE(3y)15.07%
ROE(5y)13.32%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-24.27%
PM growth 5Y-16.11%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 0.2 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 239.37% | ||
| Cap/Sales | 1.64% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 584.64% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC14.51%
ROIC/WACCN/A
Cap/Depr(3y)196.02%
Cap/Depr(5y)216.1%
Cap/Sales(3y)1.59%
Cap/Sales(5y)3.07%
Profit Quality(3y)228.68%
Profit Quality(5y)174.58%
High Growth Momentum
Growth
EPS 1Y (TTM)-16.81%
EPS 3Y38.16%
EPS 5Y29.14%
EPS Q2Q%29.33%
EPS Next Y0.15%
EPS Next 2Y26.88%
EPS Next 3Y32.07%
EPS Next 5YN/A
Revenue 1Y (TTM)34.19%
Revenue growth 3Y89.43%
Revenue growth 5Y61.73%
Sales Q2Q%57.76%
Revenue Next Year42.45%
Revenue Next 2Y34.64%
Revenue Next 3Y34.61%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y425.07%
FCF growth 3Y138.87%
FCF growth 5Y70.38%
OCF growth 1Y411.6%
OCF growth 3Y116.63%
OCF growth 5Y68.66%