Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

3 Reasons We’re Fans of Coastal Financial (CCB)

CCB Cover Image

Coastal Financial currently trades at $111.16 and has been a dream stock for shareholders. It’s returned 702% since October 2020, blowing past the S&P 500’s 94.1% gain. The company has also beaten the index over the past six months as its stock price is up 31.6%.

Is it too late to buy CCB? Find out in our full research report, it’s free for active Edge members.

Why Is Coastal Financial a Good Business?

Pioneering the intersection of traditional banking and financial technology in the Pacific Northwest, Coastal Financial (NASDAQ: CCB) operates as a bank holding company that provides traditional banking services and Banking-as-a-Service (BaaS) solutions to consumers and businesses.

1. Net Interest Income Skyrockets, Fueling Growth Opportunities

Markets consistently prioritize net interest income over non-recurring fees, recognizing its superior quality compared to the more unpredictable revenue streams.

Coastal Financial’s net interest income has grown at a 43.2% annualized rate over the last five years, much better than the broader banking industry.

Coastal Financial Trailing 12-Month Net Interest Income

2. Elite Net Interest Margin Powers Best-In-Class Loan Book

Net interest margin (NIM) represents how much a bank earns in relation to its outstanding loans. It's one of the most important metrics to track because it shows how a bank's loans are performing and whether it has the ability to command higher premiums for its services.

Over the past two years, we can see that Coastal Financial’s net interest margin averaged an elite 7.2%, indicating the company has a high-yielding loan book and a low cost of funds.

Coastal Financial Trailing 12-Month Net Interest Margin

3. Outstanding Long-Term EPS Growth

We track the long-term change in earnings per share (EPS) because it highlights whether a company’s growth is profitable.

Coastal Financial’s EPS grew at an astounding 22.7% compounded annual growth rate over the last five years. This performance was better than most banking businesses.

Coastal Financial Trailing 12-Month EPS (Non-GAAP)

Final Judgment

These are just a few reasons why we think Coastal Financial is one of the best banking companies out there, and with its shares beating the market recently, the stock trades at 3.4× forward P/B (or $111.16 per share). Is now a good time to buy? See for yourself in our in-depth research report, it’s free for active Edge members.

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