Coastal Financial CCB Provision (Recapture) For Unfunded Commitments

Discontinued — last reported Q3 '24

Segments

CCBX$11K-98.6%

Revenue$149.4M+7.1%

Net income$12.0M+23.5%

EPS (diluted)$0.78+23.8%

Cash & equivalents$1.5B+140%

Total debt$4.8M-9.3%

Total equity$503.8M+12.0%

Total assets$5.7B+30.5%

Operating cash flow$76.0M+6.0%

CapEx$1.8M-33.3%

Free cash flow$74.1M+7.6%

Market cap$1.14B-11.7%

Enterprise value-$348.99M-152%

P/E23.2×-3.7×

P/S2.1×-0.2×

Net margin8.9%+0.5pp

FCF margin45.6%-0.5pp

Return on equity10.3%-2.4pp

Debt / equity0×0.0×

Reported directly by Coastal Financial in its filing.

Tagged under the XBRL concept ck1437958:ProvisionRecaptureForUnfundedCommitments.

The official record: Coastal Financial’s 10-Q, filed November 8, 2024, on SEC EDGAR. View the filing →

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What is Coastal Financial's provision (recapture) for unfunded commitments?: Coastal Financial (CCB) reported provision (recapture) for unfunded commitments of -$1.33M in Q3 2024.
How has Coastal Financial's provision (recapture) for unfunded commitments changed year-over-year?: Coastal Financial's provision (recapture) for unfunded commitments decreased by 1483.3% year-over-year, from $96K to -$1.33M.