Coastway Bancorp

Coastway Bancorp, Inc. is a bank holding company for Coastway Community Bank (the Bank), which is a chartered stock savings bank. The Company's subsidiary, the Bank, provides a range of financial services to individuals, families and businesses throughout Rhode Island from over nine banking offices. The Bank's principal business consists of retail deposits from the general public in its market area and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential real estate loans, other loans, home equity loans and lines of credit, commercial real estate loans, the United States small business administration (SBA) loans, commercial business loans, commercial construction loans and consumer loans. The Bank generally has first liens on one- to four-family residential real estate loans and first or second liens on property securing home equity loans and equity lines-of-credit.
Type
Public
HQ
Warwick, US
Founded
1920
Size (employees)
136 (est)
Coastway Bancorp was founded in 1920 and is headquartered in Warwick, US

Coastway Bancorp Office Locations

Coastway Bancorp has an office in Warwick
Warwick, US (HQ)
1 Coastway Blvd

Coastway Bancorp Metrics

Coastway Bancorp Financial Metrics

Revenue (2016)

$29.2 m

Revenue growth (2015-16), %

64%

Gross profit

$26.4 m

Gross profit margin (2016), %

90%

Net income (2016)

$3.5 m

Market capitalization (21-Mar-2017)

$71.8 m

Closing share price (21-Mar-2017)

$17.4

Cash (31-Dec-2016)

$44.7 m
Coastway Bancorp's current market capitalization is $71.8 m.
Coastway Bancorp's revenue was reported to be $29.2 m in 2016
FY, 2013FY, 2014FY, 2015Y, 2016

Revenue

$14 m$15.6 m$17.8 m$29.2 m

Revenue growth, %

12%14%64%

Cost of goods sold

$2.6 m$2.4 m$2.2 m$2.8 m

Gross profit

$11.3 m$13.2 m$15.6 m$26.4 m

Gross profit Margin, %

81%85%88%90%

Operating expense total

$19.5 m

EBIT

$11.3 m$12.8 m$15.1 m$18.4 m

EBIT margin, %

81%82%85%63%

Pre tax profit

$409 k($1.5 m)$2.8 m$5.8 m

Income tax expense

$187 k($530 k)$1.2 m$2.3 m

Net Income

$222 k($965 k)$1.6 m$3.5 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$51.5 m$14.6 m$18.3 m$44.7 m

Accounts Receivable

$1.1 m$1.3 m$1.4 m$1.6 m

Inventories

PP&E

$25.6 m$31.9 m$31.4 m$31.4 m

Total Assets

$432.7 m$465.8 m$565.1 m$644.2 m

Accounts Payable

Additional Paid-in Capital

$47.5 m$46.1 m$40.1 m

Retained Earnings

$28 m$27.1 m$28.7 m$32.2 m

Total Equity

$70.5 m$70.9 m$68.6 m

Financial Leverage

6.6 x8 x9.4 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$222 k($965 k)$1.6 m$3.5 m

Depreciation and Amortization

$959 k$1.1 m$1.3 m$1.3 m

Accounts Receivable

($46 k)($159 k)($161 k)($184 k)

Inventories

Accounts Payable

Cash From Operating Activities

$6.1 m($804 k)($2.9 m)$5.4 m

Cash From Investing Activities

($38.8 m)($68.5 m)($89.6 m)($52.4 m)

Income Taxes Paid

$602 k$202 k$596 k$2.5 m

Coastway Bancorp Market Value History

Coastway Bancorp Online Presence

Coastway Bancorp Company Life

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