- COASTAL FINANCIAL CORP reported a diluted **EPS of $0.88** for Q3 2025, an increase from $0.71 in the prior quarter, with **net income up 23.2%** to **$13.6 million** and total revenue growing **21.1%** to **$144.7 million**.  **[1437958_0001437958-25-000165_ipcoastalfinancialcorp-i.htm:4]** 
- Total loans receivable increased **4.6%** to **$3.70 billion**, and total deposits grew **1.5%** to **$3.97 billion** as of September 30, 2025.  **[1437958_0001437958-25-000165_ipcoastalfinancialcorp-i.htm:4]** 
- The Banking as a Service (CCBX) segment showed significant activity, with **BaaS Program Fee Income growing 46.5%** year-over-year and **$1.62 billion** in CCBX loans sold during the quarter.  **[1437958_0001437958-25-000165_ipcoastalfinancialcorp-i.htm:9]** **[1437958_0001437958-25-000165_ipcoastalfinancialcorp-i.htm:10]**  Partner progression included one moving to active status and three to implementation, with Robinhood's deposit program expected to ramp up in Q4 2025.  **[1437958_0001437958-25-000165_ipcoastalfinancialcorp-i.htm:3]** 
- The company successfully managed deposit costs, which decreased to **3.04%** for Q3 2025, down from 3.59% in the prior year quarter.  **[1437958_0001437958-25-000165_ipcoastalfinancialcorp-i.htm:14]**

COASTAL FINANCIAL CORP Reports Strong Q3 2025 Financial Results and CCBX Growth

- Coastal Financial Corporation reported **net income of $13.6 million**, or **$0.88 per diluted common share**, for the third quarter ended September 30, 2025, an increase from $11.0 million, or $0.71 per diluted common share, in the prior quarter.  **[1437958_0001437958-25-000164_erccb-20251029xexx991.htm:0]** 
- During Q3 2025, **loans receivable increased by $163.5 million (4.6%)** and **deposits grew by $59.0 million (1.5%)**.  **[1437958_0001437958-25-000164_erccb-20251029xexx991.htm:0]** 
- The CCBX segment's program fee income rose to **$7.6 million**, an **11.3% increase** from the previous quarter, with **29 total relationships** as of September 30, 2025.  **[1437958_0001437958-25-000164_erccb-20251029xexx991.htm:0]** **[1437958_0001437958-25-000164_erccb-20251029xexx991.htm:4]** 
- Total noninterest expense decreased by **$2.7 million (3.7%)** to **$70.2 million** for the quarter ended September 30, 2025, primarily due to lower legal and professional expenses and salaries and employee benefits.  **[1437958_0001437958-25-000164_erccb-20251029xexx991.htm:0]** 
- Key performance ratios for Q3 2025 included a **Return on Average Assets (ROA) of 1.19%** and a **Return on Average Equity (ROE) of 11.52%**.  **[1437958_0001437958-25-000164_erccb-20251029xexx991.htm:3]**

COASTAL FINANCIAL (CCB)