Coastal Financial Corp (EVERETT) reports results for the quarter ended June 30 - Earnings Summary

Coastal Financial (EVERETT)

30/07/2026 15:08

Coastal Financial Corp (EVERETT) CCB.OQ reported a quarterly adjusted loss of $2.76​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 71 cents.  The mean expectation of four analysts for the quarter was for earnings of $1.01 per share. Wall Street expected results to range from 91 cents to $1.10 per share.
Revenue rose 49.1% to $178.07 million from a year ago; analysts expected $162.31 million. 
Coastal Financial Corp (EVERETT)'s reported EPS for the quarter was a loss of $2.76​.
The company reported a quarterly loss of $42.11 million.
Coastal Financial Corp (EVERETT) shares had fallen by 8.8% this quarter and lost 38.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.5% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is  "buy."
Wall Street's median 12-month price target for Coastal Financial Corp (EVERETT) is $105.00, about 32.7% above its last closing price of $70.66
This summary was machine generated from LSEG data July 30 at 02:08 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
1.01
-2.76
Missed
Mar. 31 2026 
1.05
0.78
Missed
Dec. 31 2025 
1.02
0.82
Missed
Sep. 30 2025 
0.88
0.88
Met