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Coastal Financial ( (CCB) ) has provided an announcement.
On May 28, 2025, Coastal Financial Corporation’s shareholders approved significant amendments to the company’s bylaws during the annual meeting. These changes included removing the age restriction for board members and allowing the board to alter bylaws affecting director qualifications and terms. Additionally, the board introduced more detailed requirements for shareholder proposals and director nominations, effective immediately, enhancing transparency and governance.
The most recent analyst rating on (CCB) stock is a Buy with a $73.00 price target. To see the full list of analyst forecasts on Coastal Financial stock, see the CCB Stock Forecast page.
Spark’s Take on CCB Stock
According to Spark, TipRanks’ AI Analyst, CCB is a Neutral.
Coastal Financial’s strong revenue growth and operational efficiency are offset by concerns about recent profitability and cash flow issues. The technical indicators suggest mixed momentum, with potential short-term weakness. Valuation appears relatively high, which could limit upside potential. Overall, the company’s robust balance sheet provides a solid foundation, but resolving profitability and cash flow challenges will be crucial for future growth.
To see Spark’s full report on CCB stock, click here.
More about Coastal Financial
Average Trading Volume: 114,714
Technical Sentiment Signal: Buy
Current Market Cap: $1.31B
Find detailed analytics on CCB stock on TipRanks’ Stock Analysis page.