secwatch.observer — SEC 8-K summary
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Issuer:     COASTAL FINANCIAL CORP (CCB)
CIK:        0001437958
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0001437958-26-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coastal Financial Q4 net income $12.6M ($0.82 diluted EPS); BaaS deposits up 7.7%
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- Net income $12.6M ($0.82 diluted EPS) vs $13.6M ($0.88) in Q3 2025 and $13.4M ($0.94) in Q4 2024.
- CCBX loans sold $2.98B; off-balance sheet credit cards with fee potential rose 154,165 to 550,977.
- Total deposits up 4.3% to $4.14B; CCBX deposits increased $182.9M to $2.56B with Robinhood launch.
- Noninterest expense $72.8M includes $2.5M restructuring costs and $0.7M employment settlement.
- Provision for credit losses $48.0M (down from $56.6M in Q3); net charge-offs to avg loans 5.31%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437958/000143795826000004/0001437958-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437958/000143795826000004/ck1437958-20260129.htm
  HTML page:      https://secwatch.observer/filing/0001437958-26-000004

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