Coastal Financial

General Information
Business:

 

We are a bank holding company that operates through our wholly owned subsidiary, Coastal Community Bank. We are headquartered in Everett, Washington, which by population is the largest city in, and the county seat of, Snohomish County. We focus on providing a wide range of banking products and services to consumers and small to medium sized businesses in the broader Puget Sound region in the state of Washington. We believe that the size, growth and economic strength of the Puget Sound region provide us with significant opportunities for long-term growth and profitability. We currently operate 13 full-service banking locations, 10 of which are located in Snohomish County, where we are the largest community bank by deposit market share, and three of which are located in neighboring counties (one in King County and two in Island County).

 

Industry: STATE COMMERCIAL BANKS
Employees: 159
Founded: 1997
Contact Information
Address 5415 Evergreen Way, Everett, WA. US
Phone Number (425) 257-9000
Web Address http://www.coastalbank.com
View Prospectus: Coastal Financial
Financial Information
Market Cap $159.6mil
Revenues $33.2 mil (last 12 months)
Net Income $7.26 mil (last 12 months)
IPO Profile
Symbol CCB
Exchange NASDAQ
Shares (millions): 2.9
Price range $14.50 - $14.50
Est. $ Volume $41.3 mil
Manager / Joint Managers Keefe, Bruyette & Woods (A Stifel Company)/ Hovde Group
CO-Managers -
Expected To Trade: 7/18/2018
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change