---
schema_version: "secwatch.filing_event.v1"
accession: "0001437958-25-000141"
form_type: "8-K"
ticker: "CCB"
cik: "0001437958"
company_name: "COASTAL FINANCIAL CORP"
filed_at: "2025-07-29T23:59:59+00:00"
generated_at: "2026-05-17T23:36:56.921527+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Coastal Financial Q2 2025 net income $11.0M ($0.71 EPS); provision for credit losses drops to $32.2M

## Summary
- Net income $11.0M ($0.71 diluted EPS) vs $9.7M ($0.63) Q1 2025 and $11.6M ($0.84) Q2 2024.
- BaaS program fee income (ex-nonrecurring) $6.8M, up 8.2% QoQ; deposits grew $122.3M to $3.91B.
- Provision for credit losses fell to $32.2M from $55.8M Q1 2025 on improved CCBX portfolio performance.
- Sold $1.30B in CCBX loans; off-balance sheet credit cards with fee potential up 76,803 to 313,827.
- CEO expects expense growth to moderate in H2 as new programs generate revenue; capital call lines up 49.6%.

## SEC filing metadata
- accession: 0001437958-25-000141
- form_type: 8-K
- ticker: CCB
- cik: 0001437958
- company_name: COASTAL FINANCIAL CORP
- filed_at: 2025-07-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437958/000143795825000141/0001437958-25-000141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437958/000143795825000141/ck1437958-20250729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437958-25-000141
- JSON: https://secwatch.observer/filing/0001437958-25-000141.json
- Plain text: https://secwatch.observer/filing/0001437958-25-000141.txt

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