Eric Sprink Biography and Net Worth

CEO of Coastal Financial

Eric M. Sprink serves as our Chief Executive Officer. Mr. Sprink joined the Company in late 2006 as President and Chief Operating Officer and became Chief Executive Officer in 2010. Mr. Sprink began his banking career working for Security Pacific Bank while enrolled at Arizona State University. He assumed increasing levels of responsibility in the areas of retail operations, consumer and commercial lending and wealth management with Security Pacific Bank and its successor, Bank of America. He then moved to Centura Bank, where he held management positions in retail operations and corporate finance. After Centura Bank was acquired, he held senior management positions at Washington Trust Bank and Global Credit Union. Mr. Sprink is active in industry trade groups and is a director and past chairman of the Community Bankers of Washington. Mr. Sprink received a bachelor’s degree from Arizona State University and an M.B.A. from the University of North Carolina. Mr. Sprink brings to our board of directors leadership experience, significant experience in many facets of the financial services business, and familiarity with our market area. Mr. Sprink has been a member of our board of directors since 2006.

What is Eric M. Sprink's net worth?: The estimated net worth of Eric M. Sprink is at least $21.73 million as of November 8th, 2024. Mr. Sprink owns 240,388 shares of Coastal Financial stock worth more than $21,728,671 as of March 29th. This net worth approximation does not reflect any other investments that Mr. Sprink may own. Additionally, Mr. Sprink receives a salary of $1,280,000.00 as CEO at Coastal Financial. Learn More about Eric M. Sprink's net worth.
How old is Eric M. Sprink?: Mr. Sprink is currently 51 years old. There are 7 older executives and no younger executives at Coastal Financial. Learn More on Eric M. Sprink's age.
What is Eric M. Sprink's salary?: As the CEO of Coastal Financial Co., Mr. Sprink earns $1,280,000.00 per year. Learn More on Eric M. Sprink's salary.
How do I contact Eric M. Sprink?: The corporate mailing address for Mr. Sprink and other Coastal Financial executives is 5415 Evergreen Way, Everett WA, 98203. Coastal Financial can also be reached via phone at (425) 257-9000 and via email at jedwards@coastalbank.com. Learn More on Eric M. Sprink's contact information.
Has Eric M. Sprink been buying or selling shares of Coastal Financial?: Eric M. Sprink has not been actively trading shares of Coastal Financial during the last ninety days. Most recently, Eric M. Sprink sold 2,000 shares of the business's stock in a transaction on Friday, November 8th. The shares were sold at an average price of $70.95, for a transaction totalling $141,900.00. Following the completion of the sale, the chief executive officer now directly owns 240,388 shares of the company's stock, valued at $17,055,528.60. Learn More on Eric M. Sprink's trading history.
Who are Coastal Financial's active insiders?: Coastal Financial's insider roster includes Joel Edwards (CFO), Joel Edwards (CFO), Steven Hovde (Director), Steven Hovde (Director), and Eric Sprink (CEO). Learn More on Coastal Financial's active insiders.
Are insiders buying or selling shares of Coastal Financial?: During the last twelve months, insiders at the sold shares 26 times. They sold a total of 79,190 shares worth more than $4,481,680.37. The most recent insider tranaction occured on November, 11th when EVP Jonathan E Sand sold 1,000 shares worth more than $74,150.00. Insiders at Coastal Financial own 16.8% of the company. Learn More about insider trades at Coastal Financial.
Information on this page was last updated on 11/11/2024.

Eric M. Sprink Insider Trading History at Coastal Financial

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
11/8/2024	Sell	2,000	$70.95	$141,900.00	240,388
11/6/2024	Sell	3,482	$71.14	$247,709.48	244,906
11/4/2024	Sell	1,000	$63.11	$63,110.00	250,388
10/30/2024	Sell	7,000	$65.93	$461,510.00	251,388
10/28/2024	Sell	4,000	$63.20	$252,800.00	271,078
10/25/2024	Sell	159	$60.25	$9,579.75	275,078
10/23/2024	Sell	3,705	$60.01	$222,337.05	275,683
10/16/2024	Sell	1,000	$59.19	$59,190.00	282,388
10/14/2024	Sell	3,000	$57.67	$173,010.00	286,285
10/11/2024	Sell	5,000	$56.29	$281,450.00	289,285
10/9/2024	Sell	3,000	$55.00	$165,000.00	294,285
10/7/2024	Sell	6,000	$53.09	$318,540.00	297,285
10/3/2024	Sell	5,000	$52.01	$260,050.00	305,285
9/30/2024	Sell	4,000	$54.25	$217,000.00	309,689
9/26/2024	Sell	3,000	$52.56	$157,680.00	310,689
9/24/2024	Sell	1,000	$51.56	$51,560.00	312,689
9/18/2024	Sell	7,000	$52.02	$364,140.00	302,689
9/16/2024	Sell	3,223	$50.44	$162,568.12	313,689
9/13/2024	Sell	7,302	$50.13	$366,049.26	316,912
8/15/2023	Sell	20,000	$45.20	$904,000.00	300,313
2/27/2023	Sell	5,000	$45.24	$226,200.00	280,519
1/11/2023	Sell	429	$45.10	$19,347.90	268,788
1/9/2023	Sell	3,000	$44.62	$133,860.00	274,217
1/5/2023	Sell	4,000	$44.60	$178,400.00	281,217
1/3/2023	Sell	1,000	$46.49	$46,490.00	286,217
12/29/2022	Sell	2,826	$48.15	$136,071.90	287,217
12/27/2022	Sell	1,000	$47.81	$47,810.00	290,043
12/21/2022	Sell	5,884	$48.05	$282,726.20	296,043
12/19/2022	Sell	3,000	$47.60	$142,800.00	305,088
12/16/2022	Sell	5,000	$47.79	$238,950.00	308,088
12/14/2022	Sell	7,192	$50.12	$360,463.04	316,088
12/12/2022	Sell	6,000	$51.45	$308,700.00	329,788
11/23/2022	Sell	11,407	$48.77	$556,319.39	335,788
11/21/2022	Sell	7,710	$47.82	$368,692.20	225,892

See Full Table

Eric M. Sprink Buying and Selling Activity at Coastal Financial

Coastal Financial Company Overview

Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small and medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington. It accepts a range of deposit products, including demand and savings accounts, time deposits, and money market accounts. The company also offers commercial and industrial loans, such as term loans, commercial lines of credit, capital call lines working capital loans, equipment financing, borrowing base loans, small business administration loans, and other loan products; owner and non-owner-occupied real estate loans, and multi-family residential loans; construction, land, and land development loans; residential real estate loans; and consumer and other loans, including automobile, boat and recreational vehicle, and secured term loans, as well as personal lines of credit, including overdraft protection. In addition, it provides remote deposit capture, online and mobile banking, and direct and reciprocal deposit services; and debit cards. Further, the company offers business accounts and cash management services, including business checking and savings accounts, and treasury services, as well as Banking as a Service (BaaS), a platform that allows broker dealers and digital financial service providers to offer their customers banking services. Coastal Financial Corporation was founded in 1997 and is headquartered in Everett, Washington.

Today's Range

Now: $90.39

$88.73

$92.13

50 Day Range

MA: $88.10

$81.40

$100.71

2 Week Range

Now: $90.39

$37.30

$102.25

Volume

150,188 shs

Average Volume

86,200 shs

Market Capitalization

$1.36 billion

P/E Ratio

27.81

Dividend Yield

N/A

Beta

1.21

Eric Sprink Biography and Net Worth

What is Eric M. Sprink's net worth?

How old is Eric M. Sprink?

What is Eric M. Sprink's salary?

How do I contact Eric M. Sprink?

Has Eric M. Sprink been buying or selling shares of Coastal Financial?

Who are Coastal Financial's active insiders?

Are insiders buying or selling shares of Coastal Financial?