GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Coastal Financial Corp (NAS:CCB) » Definitions » Net Margin %

Coastal Financial (Coastal Financial) Net Margin % : 5.57% (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Coastal Financial Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Coastal Financial's Net Income for the three months ended in Mar. 2024 was $6.8 Mil. Coastal Financial's Revenue for the three months ended in Mar. 2024 was $122.1 Mil. Therefore, Coastal Financial's net margin for the quarter that ended in Mar. 2024 was 5.57%.

The historical rank and industry rank for Coastal Financial's Net Margin % or its related term are showing as below:

CCB' s Net Margin % Range Over the Past 10 Years
Min: 10   Med: 21.11   Max: 26.52
Current: 10


CCB's Net Margin % is ranked worse than
84.86% of 1460 companies
in the Banks industry
Industry Median: 25.13 vs CCB: 10.00

Coastal Financial Net Margin % Historical Data

The historical data trend for Coastal Financial's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Coastal Financial Net Margin % Chart

Coastal Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 26.26 23.20 26.52 19.02 12.67

Coastal Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.71 13.25 14.47 9.08 5.57

Competitive Comparison of Coastal Financial's Net Margin %

For the Banks - Regional subindustry, Coastal Financial's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coastal Financial's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Coastal Financial's Net Margin % distribution charts can be found below:

* The bar in red indicates where Coastal Financial's Net Margin % falls into.



Coastal Financial Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Coastal Financial's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=44.579/351.837
=12.67 %

Coastal Financial's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=6.8/122.131
=5.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Coastal Financial  (NAS:CCB) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Coastal Financial Net Margin % Related Terms

Thank you for viewing the detailed overview of Coastal Financial's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Coastal Financial (Coastal Financial) Business Description

Traded in Other Exchanges
Address
5415 Evergreen Way, Everett, WA, USA, 98203
Coastal Financial Corp is a financial service provider. The company is engaged in providing banking products and services to consumers and small to medium sized businesses. The operating segment of the company is community banking. The services provided by the company include online banking and pay, mobile banking, securlock equip, and loans and deposit.
Executives
Eric M Sprink director, officer: President & CEO 5415 EVERGREEN WAY, EVERETT WA 98203
Steven D Hovde director 1110 LAKE COOK ROAD, SUITE 165, BUFFALO GROVE IL 60089
Andrew P Skotdal director 5415 EVERGREEN WAY, EVERETT WA 98203
John J Dickson officer: Chief Operations Officer C/O COASTAL FINANCIAL CORP, 5415 EVERGREEN WAY, EVERETT WA 98203
Russ A Keithley officer: Chief Lending Officer 5415 EVERGREEN WAY, EVERETT WA 98203
Curt Queyrouze officer: President 5415 EVERGREEN WAY, EVERETT WA 98203
Thomas D Lane director 5415 EVERGREEN WAY, EVERETT WA 98203
Michael Robert Patterson director 5415 EVERGREEN WAY, EVERETT WA 98203
Andrew R Dale director 5415 EVERGREEN WAY, EVERETT WA 98203
Pamela Unger director 5415 EVERGREEN WAY, EVERETT WA 98203
Rilla S Delorier director 5415 EVERGREEN WAY, EVERETT WA 98203
Daniel J Lee officer: EVP & Chief Credit & Risk Off. 5415 EVERGREEN WAY, EVERETT WA 98203
Sadhana Akella-mishra director 5415 EVERGREEN WAY, EVERETT WA 98203
Haugen John M Jr director 5415 EVERGREEN WAY, EVERETT VA 98203
Stephan Klee director 5415 EVERGREEN WAY, EVERETT WA 98203

Coastal Financial (Coastal Financial) Headlines

From GuruFocus

Coastal Names New President

By GuruFocusNews GuruFocusNews 06-28-2022

Coastal Names New President

By GuruFocusNews GuruFocusNews 06-08-2022

Coastal Names Bank Secrecy Act (BSA) Officer

By PurpleRose PurpleRose 07-12-2022