Coastal Financial ( NASDAQ:CCB ) First Quarter 2024 Results Key Financial Results Revenue: US$64.7m (up 7.7% from 1Q...
Comprehensive Analysis and Comparison with Analyst Expectations
First Quarter 2024 Highlights: Net income of $6.8 million, or $0.50 per diluted common share, for the three months ended March 31, 2024, compared to $9.0 million, or $0.66 per diluted common share for the three months ended December 31, 2023 Return on average assets ("ROA") of 0.73% for the three months ended March 31, 2024, compared to 0.97% for the three months ended December 31, 2023.Return on average equity ("ROE") of 9.21% for the three months ended March 31, 2024 compared to 12.35% for the