Joel Edwards - Coastal Financial CFO, Executive Vice President Corporate Secretary

CCB Stock  USD 77.23  0.07  0.09%   

President

Mr. Joel G. Edwards is a Chief Financial Officer, Executive Vice President, Corporationrationrate Secretary of the Company. Mr. Edwards is also the Executive Vice President and Chief Financial Officer of the Bank. Prior to joining the Company and Bank, Mr. Edwards was a Senior Vice President and Administration Officer at AmericanWest Bank. Prior to that experience, he was Executive Vice President and Chief Financial Officer at Viking Bank, Vice President and Chief Financial Officer at Rainier Pacific Bank, and President of the Washington Credit Union Share Guaranty Association. He also was employed in the Farm Credit System for eight years including positions as vice president responsible for administration, budget and policy since 2012.
Age 64
Tenure 12 years
Professional MarksMBA
Address 5415 Evergreen Way, Everett, WA, United States, 98203-3646
Phone425 257 9000
Webhttps://www.coastalbank.com
Edwards graduated magna cum laude with a bachelor’s degree in business and concentration in economics from, and completed postgraduate studies in accounting at, Eastern Washington University. He also received an M.B.A. from Eastern Washington University.

Joel Edwards Latest Insider Activity

Tracking and analyzing the buying and selling activities of Joel Edwards against Coastal Financial stock is an integral part of due diligence when investing in Coastal Financial. Joel Edwards insider activity provides valuable insight into whether Coastal Financial is net buyers or sellers over its current business cycle. Note, Coastal Financial insiders must abide by specific rules, including filing SEC forms every time they buy or sell Coastal Financial'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Coastal Financial Management Efficiency

The company has Return on Asset of 0.0106 % which means that on every $100 spent on assets, it made $0.0106 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1326 %, implying that it generated $0.1326 on every 100 dollars invested. Coastal Financial's management efficiency ratios could be used to measure how well Coastal Financial manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.13, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, Coastal Financial's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 294 M, whereas Non Currrent Assets Other are forecasted to decline to (28.7 M).
Coastal Financial Corp has 53.86 M in debt with debt to equity (D/E) ratio of 10.15, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Note however, debt could still be an excellent tool for Coastal to invest in growth at high rates of return.

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Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small to medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington. Coastal Financial Corporation was founded in 1997 and is headquartered in Everett, Washington. Coastal Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 433 people. Coastal Financial Corp (CCB) is traded on NASDAQ Exchange in USA. It is located in 5415 Evergreen Way, Everett, WA, United States, 98203-3646 and employs 507 people. Coastal Financial is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Coastal Financial Corp Leadership Team

Elected by the shareholders, the Coastal Financial's board of directors comprises two types of representatives: Coastal Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Coastal. The board's role is to monitor Coastal Financial's management team and ensure that shareholders' interests are well served. Coastal Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Coastal Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jeff CAMS, Executive Officer
Tarah Herger, Executive Manager
Brian Hamilton, President Director
Bill Rhodes, Executive Executive
Tyler Ferguson, Executive CCBX
Laura Byers, Chief VP
Joel Edwards, CFO, Executive Vice President Corporate Secretary
Andrew Stines, Executive Officer
Michael Culp, Executive Officer
Curt Queyrouze, President
Jason Wingo, Senior Management
Eric Sprink, President CEO, Director
John Dickson, COO, Executive Vice President
Jon Sand, Executive Officer
Brian Ferrell, Executive Compliance
Russell Keithley, Executive Officer
Jonathan Sand, Executive Officer
Erika Heer, Executive Officer

Coastal Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Coastal Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Coastal Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coastal Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Coastal Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coastal Financial Corp Stock:
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coastal Financial. If investors know Coastal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coastal Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.293
Earnings Share
2.98
Revenue Per Share
21.247
Quarterly Revenue Growth
0.179
Return On Assets
0.0106
The market value of Coastal Financial Corp is measured differently than its book value, which is the value of Coastal that is recorded on the company's balance sheet. Investors also form their own opinion of Coastal Financial's value that differs from its market value or its book value, called intrinsic value, which is Coastal Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coastal Financial's market value can be influenced by many factors that don't directly affect Coastal Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coastal Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coastal Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coastal Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.