Date | Price Target | Rating | Analyst |
---|---|---|---|
7/30/2024 | $55.00 → $67.00 | Outperform | Hovde Group |
5/3/2024 | $57.50 → $55.00 | Outperform | Hovde Group |
10/28/2022 | $57.00 | Strong Buy | Raymond James |
1/13/2022 | $69.00 | Strong Buy | Raymond James |
12/20/2021 | $70.00 | Mkt Perform → Outperform | Keefe Bruyette |
7/8/2021 | $36.00 | Overweight | Stephens & Co. |
Tenured C-suite leader brings track record of driving innovation in financial services and tech sectors WisdomTree, Inc. (NYSE:WT), a global financial innovator, today announced that Rilla Delorier, an accomplished leader with over 30 years of executive experience leading digital transformation across the banking sector, has been appointed to WisdomTree's Board of Directors, having received the full support of the Board. Win Neuger, Chair of the WisdomTree Board, said, "Rilla is a powerhouse of digital transformation in financial services and will be a tremendous asset to our Board. She has a demonstrated ability to accelerate innovation and streamline operations, and her strategic expe
Second Quarter 2024 Highlights: Net income of $11.6 million, or $0.84 per diluted common share, for the three months ended June 30, 2024, compared to $6.8 million, or $0.50 per diluted common share, for the three months ended March 31, 2024. Return on average assets ("ROA") of 1.21% for the three months ended June 30, 2024, compared to 0.73% for the three months ended March 31, 2024.Return on average equity ("ROE") of 15.22% for the three months ended June 30, 2024 compared to 9.21% for the three months ended March 31, 2024. Net interest margin increased to 7.13% for the quarter ended June 30, 2024, compared to 6.78% for the quart
First Quarter 2024 Highlights: Net income of $6.8 million, or $0.50 per diluted common share, for the three months ended March 31, 2024, compared to $9.0 million, or $0.66 per diluted common share for the three months ended December 31, 2023 Return on average assets ("ROA") of 0.73% for the three months ended March 31, 2024, compared to 0.97% for the three months ended December 31, 2023.Return on average equity ("ROE") of 9.21% for the three months ended March 31, 2024 compared to 12.35% for the three months ended December 31, 2023. Net interest margin of 6.78% for the quarter ended March 31, 2024, compared to 6.61% for the quarter ended December 31, 2023.Continued investment in technology
Fourth Quarter 2023 Highlights: Net income of $9.0 million, or $0.66 per diluted common share, for the three months ended December 31, 2023, compared to $10.3 million, or $0.75 per diluted common share for the three months ended September 30, 2023. Return on average assets ("ROA") of 0.97% for the three months ended December 31, 2023.Return on average equity ("ROE") of 12.35% for the three months ended December 31, 2023. Total assets increased $75.1 million, or 2.0%, to $3.75 billion for the quarter ended December 31, 2023, compared to $3.68 billion at September 30, 2023.Total loans, net of deferred fees increased $59.1 million, or 2.0%, to $3.03 billion for the quarter ended Decemb
4 - COASTAL FINANCIAL CORP (0001437958) (Issuer)
4 - COASTAL FINANCIAL CORP (0001437958) (Issuer)
4 - COASTAL FINANCIAL CORP (0001437958) (Issuer)
Second Quarter 2024 Highlights: Net income of $11.6 million, or $0.84 per diluted common share, for the three months ended June 30, 2024, compared to $6.8 million, or $0.50 per diluted common share, for the three months ended March 31, 2024. Return on average assets ("ROA") of 1.21% for the three months ended June 30, 2024, compared to 0.73% for the three months ended March 31, 2024.Return on average equity ("ROE") of 15.22% for the three months ended June 30, 2024 compared to 9.21% for the three months ended March 31, 2024. Net interest margin increased to 7.13% for the quarter ended June 30, 2024, compared to 6.78% for the quart
First Quarter 2024 Highlights: Net income of $6.8 million, or $0.50 per diluted common share, for the three months ended March 31, 2024, compared to $9.0 million, or $0.66 per diluted common share for the three months ended December 31, 2023 Return on average assets ("ROA") of 0.73% for the three months ended March 31, 2024, compared to 0.97% for the three months ended December 31, 2023.Return on average equity ("ROE") of 9.21% for the three months ended March 31, 2024 compared to 12.35% for the three months ended December 31, 2023. Net interest margin of 6.78% for the quarter ended March 31, 2024, compared to 6.61% for the quarter ended December 31, 2023.Continued investment in technology
EVERETT, Wash., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (NASDAQ:CCB), the bank holding company for Coastal Community Bank, announced that Jason Wingo has joined the Bank as Senior Vice President, Head of Bank Security Act (BSA) and Anti-Money Laundering (AML) Strategy and Solution Management. He reports to Brian Ferrell, EVP, Head of Financial Crimes. Mr Wingo is a seasoned IT leader with more than 20 years of experience in multiple platforms, including web-based, client-server, and mainframe. He has extensive experience in requirement gathering, data analysis, development, testing, implementation, and deep expertise in AML, trading compliance, and project manageme
10-Q - COASTAL FINANCIAL CORP (0001437958) (Filer)
8-K - COASTAL FINANCIAL CORP (0001437958) (Filer)
8-K - COASTAL FINANCIAL CORP (0001437958) (Filer)
Regional bank stocks, as monitored through the SPDR S&P Regional Banking ETF (NYSE:KRE), continue to trade about 13% lower than they were prior to the collapse of Silicon Valley Bank in March 2023, indicating that investor sentiment has yet to fully regain trust in the industry following last year’s sharp drop. The first-quarter earnings season has been notably positive for the Financials sector, which showed the largest positive difference between actual revenues and estimated revenues, according to FactSet earnings insights. Chart: Regional Bank Industry Trades 13% Lower Its Pre-SVB Levels A Resilient Quarter For Community Banks “The banking industry continued to show resil
Coastal Finl (NASDAQ:CCB) reported its Q4 earnings results on Tuesday, January 30, 2024 at 09:25 AM. Here's what investors need to know about the announcement. Earnings Coastal Finl missed estimated earnings by 9.59%, reporting an EPS of $0.66 versus an estimate of $0.73. Revenue was up $28.10 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.18 which was followed by a 4.52% drop in the share price the next day. Here's a look at Coastal Finl's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.93 0.97 0.87 0.85 EPS Actual 0.75 0.95 0.91 0.96 Revenue Estimate 125.97M 124.06M 92.52M 87.47M Revenue A
Coastal Finl (NASDAQ:CCB) reported quarterly earnings of $0.66 per share which missed the analyst consensus estimate of $0.73 by 9.59 percent.
SC 13G/A - COASTAL FINANCIAL CORP (0001437958) (Subject)
SC 13G - COASTAL FINANCIAL CORP (0001437958) (Subject)
SC 13G/A - COASTAL FINANCIAL CORP (0001437958) (Subject)
Hovde Group reiterated coverage of Coastal Financial with a rating of Outperform and set a new price target of $67.00 from $55.00 previously
Hovde Group reiterated coverage of Coastal Financial with a rating of Outperform and set a new price target of $55.00 from $57.50 previously
Raymond James resumed coverage of Coastal Financial with a rating of Strong Buy and set a new price target of $57.00