Coastal Financial Q1 net income $12.0M ($0.78 dil. EPS); deposits grow 21.6%, CCBX fee income $10.9M

COASTAL FINANCIAL CORP

2026-Q1 EPS reported $0.78

Net income $12.0M, diluted EPS $0.78 vs $0.82 prior Q and $0.63 year ago; net interest income $83.4M (+5% QoQ).
Total assets $5.66B (+19.5% from Dec 2025); deposits $5.04B (+21.6%); loans receivable $3.86B (+2.9%).
CCBX BaaS fee income $10.9M (+22.3% QoQ); 20 active partners, 30 total relationships; $3.28B loans sold.
Provision for credit losses $51.4M; net charge-offs to avg loans 5.18% (annualized) vs 5.31% prior Q.
NIM 7.00% vs 7.03% prior Q and 7.48% year ago; NPAs/total assets improved to 1.19%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

COASTAL FINANCIAL CORP reported quarter ended March 31, 2026 results: net income $12.0 million, EPS $0.78 per diluted common share.

Period: quarter ended March 31, 2026
Net income: $12.0 million
EPS: $0.78 per diluted common share
Result: reported results

Exact text from the filing

today reported unaudited financial results for the quarter ended March 31, 2026, including net income of $12.0 million, or $0.78 per diluted common share

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1436 earnings releases filed in the last 30 days. Browse all earnings releases →

COASTAL FINANCIAL CORP filing history →

Source: SEC EDGAR

accession 0001437958-26-000031

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