{"schema_version":"secwatch.filing_event.v1","accession":"0001437958-25-000060","form_type":"8-K/A","ticker":"CCB","cik":"0001437958","company_name":"COASTAL FINANCIAL CORP","filed_at":"2025-03-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.630683+00:00","generated_at":"2026-05-24T15:24:01.805197+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Coastal Financial Corp revises Q4 earnings; net income $13.4M, $0.94 EPS; $98M capital raise","bullets":["Net income Q4 2024 $13.4M ($0.94 diluted EPS) vs $13.5M ($0.97) in Q3; full-year net income $45.2M vs $44.6M in 2023.","Completed $98.0M common equity raise at $71.00/share; CET1 ratio increased to 12.04% from 9.24% in Q3.","Sold $845.5M in loans (credit card) in Q4; CCBX program fee income up 51.6% YoY to $20.1M.","Noninterest expense rose to $67.4M from $64.4M in Q3 due to higher salaries and legal costs.","Three signed letters of intent for CCBX partnerships as of Dec 31, 2024; management expects front-loaded expenses in 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001437958-25-000060","json":"https://secwatch.observer/filing/0001437958-25-000060.json","markdown":"https://secwatch.observer/filing/0001437958-25-000060.md","text":"https://secwatch.observer/filing/0001437958-25-000060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437958/000143795825000060/0001437958-25-000060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437958/000143795825000060/ck1437958-20250128.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T15:24:01.805197+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}