Coastal Financial Corporation logo CCB - Coastal Financial Corporation

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| PRICE TARGET: $132.50 DETAILS
HIGH: $155.00
LOW: $110.00
MEDIAN: $132.50
CONSENSUS: $132.50
UPSIDE: 90.21%

About Coastal Financial Corporation (https://www.coastalbank.com)

Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small to medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington. It accepts a range of deposit products, including demand and savings accounts, time deposits, and money market accounts. The company offers commercial and industrial loans, including term loans, small business administration loans, commercial lines of credit, working capital loans, equipment financing, borrowing base loans, and other loan products; owner-occupied and non-owner-occupied real estate loans, and multi-family residential loans; construction and land development loans; residential real estate loans; and consumer and other loans, including automobile, boat and recreational vehicle, and secured term loans, as well as overdraft protection. It also provides remote deposit capture, online and mobile banking, and direct and reciprocal deposit services, as well as debit cards. In addition, the company offers business accounts and cash management services, including business checking and savings accounts, and treasury services, as well as banking as a service (BaaS), a platform that allows broker dealers and digital financial service providers to offer their clients banking services. It operates 14 full-service banking locations. Coastal Financial Corporation was founded in 1997 and is headquartered in Everett, Washington.

Key Executives

NAME TITLE DOB SALARY
Eric Sprink Chief Executive Officer & Director 1973 $1,318,132 USD
Brian T. Hamilton President of CCBX Division & Director 1978 $734,449 USD
Brandon Soto Executive Vice President, Chief Financial Officer & Corporate Secretary 1975 $587,262 USD
Joel G. Edwards Executive Officer 1960 $576,096 USD
Russell A. Keithley Executive Vice President & Chief Banking Officer 1966 $451,409 USD
Bill Rhodes Executive Vice President & Chief Audit Executive
Brian L. Ferrell Executive Vice President & Head of Financial Crimes Compliance 1962
Elizabeth Ann Sarvela Chief Risk and Compliance Officer 1981
Erika Heer Executive Vice President & Chief Human Resources Officer
Jason Wingo Senior Vice President and Head of BSA/AML Strategy & Solution Management
Michael Culp Executive Vice President & Chief Revenue Officer 1989
Tarah Herger Executive Vice President & CCBX Division Manager 1986

Company Peers

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