Coastal Financial Corp-WA (CCB) is a financial institution that provides a range of banking and financial services to individuals, businesses, and organizations. The company's income statement reflects its financial performance over a specific period of time. It includes revenue, expenses, and net income. The income statement helps investors and analysts understand how well the company is generating revenue and managing its expenses. In the case of Coastal Financial Corp-WA (CCB), the income statement shows a steady growth in revenue and a decrease in expenses, resulting in a positive net income. This indicates that the company is generating a healthy profit and managing its finances well.
The EBIT (Earnings Before Interest and Taxes) and EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) are important financial metrics that provide insight into a company's operating performance. Coastal Financial Corp-WA (CCB) has maintained a consistent EBIT and EBITDA over the years, indicating a strong operational performance. The gross profit is the amount of revenue that remains after deducting the cost of goods sold. Coastal Financial Corp-WA (CCB) has consistently achieved a healthy gross profit margin, indicating efficient cost management and pricing strategies.
Net income from stockholders refers to the profit generated by the company that is available for distribution to its stockholders. Coastal Financial Corp-WA (CCB) has consistently yielded positive net income, indicating a strong financial position and profitability. Total revenue is the sum of all sources of income for the company, including interest income, fees, and other revenue streams. Coastal Financial Corp-WA (CCB) has experienced steady growth in total revenue, reflecting its success in attracting new customers and expanding its business operations.
The balance sheet provides a snapshot of a company's financial position at a specific point in time. It includes assets, liabilities, and stockholders' equity. Coastal Financial Corp-WA (CCB) has a strong balance sheet, with significant cash equivalents and net debt. Cash equivalents refer to highly liquid assets that can easily be converted into cash. Net debt is the total amount of debt minus the cash and cash equivalents held by the company. Coastal Financial Corp-WA (CCB) has a positive stockholders' equity, indicating that the company's assets exceed its liabilities.
Total assets represent the total value of a company's resources, including cash, investments, property, and equipment. Coastal Financial Corp-WA (CCB) has consistently reported substantial total assets, indicating a strong financial position and the ability to meet its obligations. Total debt refers to the amount of money owed by the company to its creditors. Coastal Financial Corp-WA (CCB) has diligently managed its total debt, maintaining a stable and sustainable level of debt. Total liabilities represent the company's financial obligations, including debt, accounts payable, and other liabilities. Coastal Financial Corp-WA (CCB) has successfully managed its total liabilities, ensuring a healthy balance between debt and equity.
Cash flow is a critical measure of a company's financial health and operational efficiency. Coastal Financial Corp-WA (CCB) has consistently generated positive cash flow from its operating activities, indicating its ability to generate cash from its core business operations. The company's financing cash flow reflects the inflow and outflow of cash related to financing activities, such as borrowing and repaying debt, issuing and repurchasing stock, and paying dividends. Coastal Financial Corp-WA (CCB) has maintained a stable financing cash flow, reflecting its prudent capital management and financial stability. The company's investing cash flow represents the buying and selling of long-term assets, such as property, plant, and equipment. Coastal Financial Corp-WA (CCB) has strategically invested its cash flow in acquiring and improving its infrastructure, ensuring long-term growth and sustainability. Free cash flow is the amount of cash available for the company to invest in its growth, pay dividends, or reduce debt. Coastal Financial Corp-WA (CCB) has consistently generated positive free cash flow, demonstrating its ability to generate excess cash and manage its financial resources effectively.
In conclusion, Coastal Financial Corp-WA (CCB) has displayed a strong financial performance, as reflected in its income statement, EBIT, EBITDA, gross profit, net income, and total revenue. The company has maintained a solid balance sheet, with significant cash equivalents, net debt, and stockholders' equity. Its total assets and total debt have been managed well, ensuring financial stability and a healthy balance between debt and equity. Coastal Financial Corp-WA (CCB) has consistently generated positive cash flow from its operating activities, financing activities, and investing activities. The company's free cash flow has also been positive, indicating its ability to invest in growth, pay dividends, and reduce debt.