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Coastal Financial Corp - CCB STOCK NEWS

Welcome to our dedicated news page for Coastal Financial (Ticker: CCB), a resource for investors and traders seeking the latest updates and insights on Coastal Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Coastal Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Coastal Financial's position in the market.

News
Jason Wingo Joins Coastal Community Bank as Head of BSA/AML Strategy and Solution Management
Rhea-AI Summary
Coastal Financial Corporation (Nasdaq: CCB) has announced the appointment of Jason Wingo as Senior Vice President, Head of Bank Security Act (BSA) and Anti-Money Laundering (AML) Strategy and Solution Management. Wingo brings over 20 years of experience in IT leadership and expertise in AML, trading compliance, and project management. His appointment is expected to strengthen the company's commitment to compliance and ensure continued success and growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
Tags
none
-
News
Coastal Financial Corporation Announces Fourth Quarter and Fiscal Year 2023 Results
Rhea-AI Summary
Coastal Financial Corporation (Nasdaq: CCB) reported unaudited financial results for Q4 2023, with net income of $9.0 million, or $0.66 per diluted common share, compared to $10.3 million, or $0.75 per diluted common share for Q3 2023. Total assets increased to $3.75 billion, while total loans, net of deferred fees, increased to $3.03 billion for Q4 2023. Deposits increased to $3.36 billion, with CCBX deposit growth of $110.5 million. The company focused on reducing risk, optimizing the CCBX loan portfolio, and strengthening the balance sheet through enhanced credit standards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.43%
Tags
earnings
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News
Brian Hamilton Joins Coastal Financial Corporation Board of Directors
Rhea-AI Summary
Coastal Financial Corporation (Nasdaq: CCB) welcomes Brian Hamilton, a seasoned financial technology executive, and business leader, to its Board of Directors. With over 25 years of experience in banking, lending, payments, and digital product development, Mr. Hamilton's expertise will be invaluable in guiding Coastal through the evolving landscape of rapid technological advancements in the financial services industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.03%
Tags
management
News
Coastal Financial Corporation Announces Third Quarter 2023 Results
Rhea-AI Summary
Coastal Financial Corporation reports unaudited financial results for the third quarter of 2023. Net income of $10.3 million, or $0.75 per diluted common share. Total assets increased by $145.0 million, or 4.1%. Total loans decreased by $40.5 million, or 1.3%. Deposits increased by $127.1 million, or 4.0%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.52%
Tags
earnings
-
News
True Digital Adds Strategic Advisor and Banker Advisory Board
Rhea-AI Summary
True Digital Group strengthens its influence in the banking industry by adding Rilla Delorier as a Strategic Advisor and forming a Banker Advisory Board with key executives from top financial institutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
Tags
management
-
News
WisdomTree Board Appoints Rilla Delorier to Board of Directors
Rhea-AI Summary
Rilla Delorier, a leader in digital transformation in the banking sector, has been appointed to WisdomTree's Board of Directors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
Tags
management
News
Coastal Community Bank Adds to Executive Leadership
Rhea-AI Summary
Coastal Financial Corporation has announced the addition of Brian Ferrell as Executive Vice President, Head of Financial Crimes Compliance, and Bill Rhodes as Executive Vice President, Chief Audit Executive. Brian brings over 30 years of expertise in the financial services sector and has deep knowledge of Anti-Money Laundering (AML) rules and regulations. Bill has more than 20 years of experience in internal and external audit across the Financial Services sector. Their skills and expertise are expected to enhance Coastal's transition to a larger and more complex entity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.66%
Tags
none
-
News
Coastal Financial Corporation Announces Second Quarter 2023 Results
Rhea-AI Summary
Coastal Financial Corporation reports unaudited financial results for Q2 2023, with net income of $12.9 million and total assets increasing to $3.54 billion. Loan growth of $170.3 million and deposit growth of $67.3 million. Legal and professional fees impacting net income. Increased net interest income and yield on loans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.83%
Tags
earnings
-
News
Coastal Community Bank is making its first move towards the Metaverse with 3D Game and Marketplace
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.25%
Tags
none
News
Coastal Financial Corporation awarded Raymond James Community Bankers Cup for 2022
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
Tags
none
Stock CCB logo
Coastal Financial Corp

Nasdaq:CCB

CCB Rankings

#2890 Ranked by Market Cap
#3122 Ranked by Stock Gains
N/A Ranked by Dividends

CCB Stock Data

513.82M
10.12M
19.53%
60.77%
3.21%
Commercial Banking
Finance and Insurance
Link
US
Everett

About CCB

in today's banking environment with constant mergers, name changes, and the revolving door of new people you've never seen, it's easy to feel alienated and unimportant. at coastal community bank, we firmly believe that banking is about relationships -- relationships built on trust. our bankers live within the communities they serve, which means they care about you and your needs because they are your neighbors. our bankers are seasoned, local professionals who know the landscape, the players, and what it takes to do business in north puget sound. we don't just provide banking services -- we are trusted advisers, providing information and knowledge to help you succeed. that's what we call the coastal difference.