Earnings summaries and quarterly performance for COASTAL FINANCIAL.
Executive leadership at COASTAL FINANCIAL.
Board of directors at COASTAL FINANCIAL.
Christopher D. Adams
Detailed
Chair of the Board
Gregory A. Tisdel
Detailed
Director
Michael R. Patterson
Detailed
Director
Pamela R. Unger
Detailed
Director
Rilla R. Delorier
Detailed
Director
Sadhana Akella-Mishra
Detailed
Director
Stephan Klee
Detailed
Director
Steven D. Hovde
Detailed
Director
Thomas D. Lane
Detailed
Director
Research analysts covering COASTAL FINANCIAL.
Recent press releases and 8-K filings for CCB.
CCB Reports Strong Q3 2025 Financial Results with Growth in Loans, Deposits, and Revenue
CCB
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- CCB reported diluted EPS of $0.88 for Q3 2025, an increase from $0.71 in the prior quarter. Net income for the quarter was $13.6 million, up 23.2% over the prior quarter.
- Total revenue increased 21.1% to $144.7 million in Q3 2025 compared to the prior quarter, driven by higher credit enhancement revenue. Core net revenue grew 1.3% to $52.9 million.
- Total loans receivable increased by $163.5 million, or 4.6%, to $3.70 billion as of September 30, 2025. Total deposits reached $3.97 billion, up $59.0 million, or 1.5%, over the prior quarter.
- The company sold $1.62 billion of loans during Q3 2025, with $1.41 billion being credit card loan sales. The CCBX loan portfolio grew 19.0% year-over-year to $1.80 billion.
- The cost of total deposits decreased to 3.04% for Q3 2025, down from 3.10% in Q2 2025 and 3.59% in Q3 2024. The balance sheet is positioned with 47% of assets and 68% of liabilities repricing within three months as of September 30, 2025.
Nov 7, 2025, 12:00 PM
COASTAL FINANCIAL CORP Reports Strong Q3 2025 Financial Results and CCBX Growth
CCB
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- 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.
- 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.
- 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. Partner progression included one moving to active status and three to implementation, with Robinhood's deposit program expected to ramp up in Q4 2025.
- The company successfully managed deposit costs, which decreased to 3.04% for Q3 2025, down from 3.59% in the prior year quarter.
Oct 29, 2025, 11:14 AM
Coastal Financial Corporation Announces Third Quarter 2025 Results
CCB
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
- 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.
- During Q3 2025, loans receivable increased by $163.5 million (4.6%) and deposits grew by $59.0 million (1.5%).
- 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.
- 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.
- 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%.
Oct 29, 2025, 11:12 AM
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