---
schema_version: "secwatch.filing_event.v1"
accession: "0001437958-25-000084"
form_type: "8-K"
ticker: "CCB"
cik: "0001437958"
company_name: "COASTAL FINANCIAL CORP"
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T03:41:00.920088+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Coastal Financial Q1 2025 net income $9.7M ($0.63 EPS); deposits up 5.7% QoQ

## Summary
- Net income $9.7M ($0.63 diluted EPS), down 27.2% from LQ but up 43.1% from PYQ.
- Revenue $139.5M (-4.7% QoQ); core net revenue $50.4M (+5.4% QoQ).
- Total deposits $3.79B (+5.7% from $3.59B LQ); loans $3.52B (+0.9% QoQ).
- Sold $744.6M in CCBX loans during Q1; launching deposit products with RobinHood and T-Mobile in Q2.
- BaaS program fee income up 55.2% YoY to $6.3M; credit/fraud enhancement revenue $55.6M.

## SEC filing metadata
- accession: 0001437958-25-000084
- form_type: 8-K
- ticker: CCB
- cik: 0001437958
- company_name: COASTAL FINANCIAL CORP
- filed_at: 2025-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437958/000143795825000084/0001437958-25-000084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437958/000143795825000084/ck1437958-20250429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437958-25-000084
- JSON: https://secwatch.observer/filing/0001437958-25-000084.json
- Plain text: https://secwatch.observer/filing/0001437958-25-000084.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.