CCBCOASTAL FINANCIAL CORP
State Commercial Banks
- Revenue
- —
- Operating margin
- —
- EBITDA
- —
- Market cap
- $662M
- Employees
- 483
- Net debt / EBITDA
- —
- AI in 10-K
- 1.6
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 1 of 7
- TSR below peersNo0 of 5 years3+ of last 5 years
- High CEO pay despite TSRNo$2M medianMedian CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo542% of net incomeCash flow under 80% of net income
- Dilutive SBCNo—Over 10% of revenue
- Payouts exceed cash flowNo0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo—Over 40% of assets
- Shareholder dissentYes50% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo—Bottom quartile of its SIC industry
- Quiet on AINo1.6 per 10K words · 48th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedYes$662M market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$7M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Net income | $27M | $41M | $45M | $45M | $47M | 3.9% |
| Operating cash flow | $30M | $67M | $192M | $260M | $255M | 2.0% |
| Capex | $3M | $3M | $6M | $10M | $8M | 15% |
| Stock-based comp | $1M | $3M | $4M | $5M | $9M | 78% |
Deal filings
None.
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|---|---|---|---|
| Mar 15, 2019 | CJA Private Equity Restructuring Master Fund I LP | SC 13D/A | 0.0% | Passive |
Insider trading
- Open-market buys, 12 mo
- $1M · 4
- Open-market sells, 12 mo
- $8M · 24
- Net
- −$7M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $2M | $7M | 546 | 142 |
| FY2024 | $2M | $10M | 404 | 134 |
| FY2023 | $2M | $2M | 211 | 123 |
| FY2022 | $2M | $1M | 226 | 106 |
| FY2021 | $5M | $11M | 241 | 127 |