COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
FRBA
First Bank
FRBA's fundamentals are mixed, but it looks expensive: trading at 12x earnings, above its usual 10x. Analysts expect earnings growth.
COIN Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Under pressure | |
| N/A | |
| N/A |
COIN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like COIN.
FRBA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
FRBA's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like FRBA.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
FRBA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8x | $13.52 | -32% |
| Fair | 10x | $17.16 | -13% |
| Forward | 10x | $19.77 | — |
| Current | 12x | $19.77 | — |
| Expensive | 13x | $21.30 | +7.7% |
Historical ranges are pointers, not guarantees.
FRBA's PE is in its expensive range at 12x. If earnings grow as analysts expect, today's price would be 10x next year's earnings, in its fair range.
COIN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect COIN's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
FRBA Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for FRBA, with profitability holding steady.
COIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.36 | — |
| Q3 2026 | -$2.77 | -124% |
| Q2 2026 | -$3.78 | -137% |
| Q1 2026 | $2.72 | -49% |
| Q4 2025 | $4.45 | -53% |
| Q3 2025 | $11.54 | +94% |
| Q2 2025 | $10.32 | +82% |
| Q1 2025 | $5.32 | +4.1% |
| Q4 2024 | $9.48 | +2462% |
COIN has swung to a loss: it lost $2.77 per share over the past year, after a profit the year before.
FRBA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.92 | +13% |
| Q2 2026 | $1.69 | +12% |
| Q1 2026 | $1.67 | +8.4% |
| Q4 2025 | $1.74 | +4.2% |
| Q3 2025 | $1.66 | +4.4% |
| Q2 2025 | $1.51 | +24% |
| Q1 2025 | $1.54 | +36% |
| Q4 2024 | $1.67 | +69% |
| Q3 2024 | $1.59 | +42% |
FRBA has the edge over COIN on earnings quality, reporting a profit while its opponent remains loss making.
COIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | -35% |
| Q2 2026 | $1.2B | -19% |
| Q1 2026 | $1.4B | -31% |
| Q4 2025 | $1.8B | -22% |
| Q3 2025 | $1.9B | +55% |
| Q2 2025 | $1.5B | +3.3% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +138% |
COIN's revenue has slid since its 2021 peak: $1.2B last quarter, down 35% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.1% | -21 points |
| Q2 2026 | -9.3% | -7.7 points |
| Q1 2026 | -1.5% | -36 points |
| Q4 2025 | 15% | -30 points |
| Q3 2025 | 26% | +12 points |
| Q2 2025 | -1.6% | -25 points |
| Q1 2025 | 35% | -12 points |
| Q4 2024 | 46% | +33 points |
COIN's operating margin was 5.1% last quarter, down 21 points from the same quarter a year ago.
FRBA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $59.4M | -4% |
| Q1 2026 | $58.2M | +0.8% |
| Q4 2025 | $64.5M | +9.4% |
| Q3 2025 | $63.6M | +8.4% |
| Q2 2025 | $61.9M | +10% |
| Q1 2025 | $57.8M | +4% |
| Q4 2024 | $59M | +18% |
| Q3 2024 | $58.6M | +17% |
FRBA has the edge over COIN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 25% | +3.1 points |
| Q1 2026 | 17% | -4 points |
| Q4 2025 | 26% | +1.3 points |
| Q3 2025 | 24% | +3 points |
| Q2 2025 | 21% | -2 points |
| Q1 2025 | 21% | -6.3 points |
| Q4 2024 | 24% | +3.8 points |
| Q3 2024 | 21% | +24 points |
FRBA has the edge over COIN on profitability, with a higher operating margin.
COIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $405.5M | +$1.2B |
| Q2 2026 | $197.3M | -40% |
| Q1 2026 | $182.7M | +$365.5M |
| Q4 2025 | $3.1B | +218% |
| Q3 2025 | -$784.5M | -213% |
| Q2 2025 | $328.5M | -32% |
| Q1 2025 | -$182.7M | -144% |
| Q4 2024 | $964.6M | +$969.8M |
COIN has the edge over FRBA on cash flow, with more consistent year-over-year improvement.
FRBA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $7.4M | -29% |
| Q1 2026 | $10.7M | -45% |
| Q4 2025 | $16.3M | +$29.1M |
| Q3 2025 | $16.3M | +$18.1M |
| Q2 2025 | $10.4M | -65% |
| Q1 2025 | $19.6M | +101% |
| Q4 2024 | -$12.8M | -133% |
| Q3 2024 | -$1.8M | -102% |
FRBA's free cash flow was $51M over the past year, about three times what it generated the year before. Free cash flow isn't a meaningful measure for financial services companies like FRBA.
COIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.3% | +24.6M shares |
| 1 year | -1.4% | -4M shares |
| 3 years | +21% | +50.7M shares |
| 5 years | +15% | +37.4M shares |
| Available history | +330% | +221M shares |
COIN has the edge over FRBA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5.3M |
| Q2 2026 | $181.3M |
| Q1 2026 | $1.1B |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | $10.5M |
FRBA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -125K shares |
| 1 year | -0.6% | -159K shares |
| 3 years | +29% | +5.6M shares |
| 5 years | +26% | +5.2M shares |
| Available history | +32% | +6.1M shares |
FRBA has 25M diluted shares, down 0.6% from a year ago, with $7M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q2 2026 | $5M |
| Q1 2026 | $521,000 |
| Q4 2025 | — |
| Q3 2025 | $1.8M |
| Q2 2025 | $2.8M |
| Q1 2025 | $3.9M |
| Q4 2024 | $1.3M |
| Q3 2024 | — |
FRBA spent $7M buying back its own shares over the past year, down 8.9% from the year before.
COIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -4.4x | Net Cash |
| Q2 2026 | -2.5x | Net Cash |
| Q1 2026 | -2.8x | Net Cash |
| Q4 2025 | -2.3x | Net Cash |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -1.6x | Net Cash |
| Q1 2025 | -1.6x | Net Cash |
| Q4 2024 | -1.8x | Net Cash |
COIN has the edge over FRBA on leverage, with a lower net debt burden relative to earnings.
FRBA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 4.0x | High |
| Q1 2026 | -0.9x | Net Cash |
| Q4 2025 | -0.5x | Net Cash |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 1.0x | Very low |
| Q1 2025 | 0.6x | Very low |
| Q4 2024 | 0.3x | Very low |
| Q3 2024 | -0.7x | Net Cash |
FRBA's net debt is about 4.0 years of its operating earnings (EBITDA), up from a year a year ago. Net leverage isn't a meaningful measure for financial services companies like FRBA.
COIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.3 | Neutral |
| Stochastic | 5.0 | Oversold |
COIN's weekly RSI is 35 (neutral) and its Stochastic is 5 (oversold).
FRBA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.5 | Neutral |
| Stochastic | 70.1 | Neutral |
FRBA's weekly RSI is 68 (neutral) and its Stochastic is 70 (neutral).
COIN PE vs Financial Services Sector
| Metric | COIN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
COIN has no meaningful PE right now: it lost money over the past year.
FRBA PE vs Financial Services Sector
| Metric | FRBA | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 10% below |
| PE % | 70 | 63 | 7 pts above |
FRBA is trading at 12x earnings, a 10% discount to the Financial Services sector's median of 13x.
COIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $163.0 | 20% below |
| 20 week MA | $165.6 | 21% below |
| 50 week MA | $184.4 | 29% below |
| 100 week MA | $232.8 | 44% below |
| 200 week MA | $190.3 | 31% below |
COIN is in a downtrend: it's below all five of its weekly moving averages, and 31% below its 200-week average.
FRBA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $18.6 | 6.1% above |
| 20 week MA | $18.3 | 8% above |
| 50 week MA | $17.1 | 16% above |
| 100 week MA | $16.1 | 23% above |
| 200 week MA | $14.4 | 37% above |
FRBA has the edge over COIN on trend strength, trading above more of its moving averages.
COIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $342.0 | $268.2 | -22% |
| 2022 | $268.2 | $35.5 | -87% |
| 2023 | $35.5 | $173.9 | +390% |
| 2024 | $173.9 | $265.7 | +53% |
| 2025 | $265.7 | $236.9 | -11% |
| 2026 YTD | $236.9 | $130.7 | -45% |
COIN's yearly returns have swung widely, from +390% in 2023 to −87% in 2022. It's down 45% so far in 2026.
FRBA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.0 | $9.52 | -13% |
| 2021 | $9.52 | $14.2 | +50% |
| 2022 | $14.2 | $14.0 | -1.7% |
| 2023 | $14.0 | $14.7 | +5% |
| 2024 | $14.7 | $14.0 | -4.7% |
| 2025 | $14.0 | $16.8 | +20% |
| 2026 YTD | $16.8 | $19.8 | +18% |
FRBA has the edge over COIN on returns for 2026, with the stronger performance.