Andrew Skotdal - Coastal Financial Director

CCB Stock  USD 38.87  0.41  1.07%   

Director

Mr. Andrew P. Skotdal is a Director of the Company. Mr. Skotdal serves as President of the office and industrial portfolios of Skotdal Real Estate, a private commercial real estate development company that develops projects as longterm investments in the northern Puget Sound region and that also operates retail and multifamily portfolios. He is also the President and coowner of SR Broadcasting Co., Inc., which operates radio stations serving the northern Puget Sound region. He is a member of Young Presidents Organization, a global network of young chief executives. Mr. Skotdal also serves as an advisor to a technology startup company headquartered on Mercer Island. Mr. Skotdal is a founding director of the Company. Mr. Skotdal brings to the Board of Directors leadership experience, expertise in finance and real estate, technology startup experience and strategy, and familiarity with our market area. since 1997.
Age 47
Tenure 27 years
Address 5415 Evergreen Way, Everett, WA, United States, 98203-3646
Phone425 257 9000
Webhttps://www.coastalbank.com

Coastal Financial Management Efficiency

The company has Return on Asset of 0.0129 % which means that on every $100 spent on assets, it made $0.0129 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1656 %, implying that it generated $0.1656 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 0.12, whereas Return On 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 Other Assets are forecasted to decline to 0.95.
The company 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. Debt can assist Coastal Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Coastal Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Coastal Financial Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Coastal to invest in growth at high rates of return. When we think about Coastal Financial's use of debt, we should always consider it together with cash and equity.

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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.
Sam Winkel, Member of the Management Board
Thomas Lane, Director
Swee Oh, Company Secretary
Boon Chong, CFO
Andrew Stines, Executive Officer
Michael Culp, Executive Officer
Curt Queyrouze, President
Eric Sprink, President CEO, Director
Haslam Preeston, Non-Independent Non-Executive Director
JrgChristian Rehling, Deputy Chairman of the Supervisory Board
Stephan Klee, Director
John Dickson, COO, Executive Vice President
Marco Gadmann, Member of the Supervisory Board
CHRISTOPHER ADAMS, Director
Pieter Barnard, Director
Bruce Duncan, Executive Chairman of the Board, Interim President CEO
Russell Keithley, Executive Officer
John Haugen, Director
Erika Heer, Executive Officer
Vimala Menon, Senior Independent Non-Executive Director
Andrew Dale, Director
Steven Hovde, Director
Russ Keithley, Executive Vice President Chief Lending Officer
Kin Wong, CEO
Olga Nikitovic, CFO
Tyler Ferguson, Executive CCBX
Andrew Skotdal, Director
Laura Byers, Chief VP
Syed Mohamed, Non-Independent Non-Executive Deputy Chairman of the Board
David Newbigging, Non-Independent Non-Executive Chairman of the Board
Joel Edwards, CFO, Executive Vice President Corporate Secretary
Kien Lee, General Manager-Retail Operations
Bruce Coventry, Independent Director
Daniel Lee, Executive Vice President and Chief Credit, Risk Officer
Jon Sand, Executive Officer
Sulaiman Sujak, Independent Non-Executive Director
Gregory Tisdel, Director
Hagen Kohlmann, Chairman of the Supervisory Board
Kok Yeap, Company Secretary
Rossana Rashid, Non-Independent Non-Executive Deputy Chairman of the Board
Wei Teng, Non-Independent Non-Executive Director
Jonathan Sand, Executive Officer
Greg Lipton, Independent Director
Reiner Ehlerding, Member of the Management Board
QianWen Wan, CFO

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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Coastal Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Coastal Financial's short interest history, or implied volatility extrapolated from Coastal Financial options trading.

Pair Trading with Coastal Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Coastal Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Coastal Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Coastal Stock

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Moving against Coastal Stock

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  0.78RF-PC Regions FinancialPairCorr
The ability to find closely correlated positions to Coastal Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coastal Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Coastal Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Coastal Financial Corp to buy it.
The correlation of Coastal Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Coastal Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coastal Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Coastal Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coastal Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Coastal Financial Corp information on this page should be used as a complementary analysis to other Coastal Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Coastal Stock analysis

When running Coastal Financial's price analysis, check to measure Coastal Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Coastal Financial is operating at the current time. Most of Coastal Financial's value examination focuses on studying past and present price action to predict the probability of Coastal Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coastal Financial's price. Additionally, you may evaluate how the addition of Coastal Financial to your portfolios can decrease your overall portfolio volatility.
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Is Coastal Financial's industry 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
(0.32)
Earnings Share
3.27
Revenue Per Share
19.749
Quarterly Revenue Growth
0.015
Return On Assets
0.0129
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.