Coastal Financial Corp income statement
In fiscal 2025, Coastal Financial Corp reported revenue of $542m, down 6.8% on the year before and net income of $47.0m, or $3.06 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 33 | 40 | 50 | 66 | 108 | 295 | 436 | 581 | 542 | 610 |
| Interest expense | 3 | 4 | 7 | 6 | 4 | 20 | 92 | — | — | — |
| Net interest income | 29 | 35 | 42 | 57 | 79 | 172 | 232 | 273 | 310 | 330 |
| Non-interest income | 4 | 5 | 8 | 8 | 28 | 123 | 204 | 308 | 232 | 280 |
| Non-interest expense | 22 | 26 | 31 | 38 | 63 | 165 | 195 | 246 | 288 | 368 |
| Provision for credit losses | 1 | 2 | 3 | 8 | 10 | 79 | 184 | 278 | 193 | 248 |
| Income before tax | 10 | 12 | 17 | 19 | 34 | 51 | 57 | 57 | 61 | −6 |
| Income tax | 5 | 3 | 3 | 4 | 7 | 10 | 13 | 12 | 14 | −2 |
| Net income | 5 | 10 | 13 | 15 | 27 | 41 | 45 | 45 | 47 | −4 |
| Diluted EPS | $0.59 | $0.91 | $1.08 | $1.24 | $2.16 | $3.01 | $3.27 | $3.26 | $3.06 | −$0.25 |
| Diluted shares (average) | 9m | 11m | 12m | 12m | 13m | 14m | 14m | 14m | 15m | 15m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 151 | 146 | 140 | 119 | 145 | 138 | 149 | 178 |
| Interest expense | 33 | — | 29 | 31 | 31 | — | 28 | 29 |
| Net interest income | 72 | 72 | 76 | 77 | 78 | 79 | 83 | 89 |
| Non-interest income | 79 | 74 | 63 | 43 | 67 | 59 | 66 | 89 |
| Non-interest expense | 64 | 67 | 72 | 73 | 70 | 73 | 83 | 141 |
| Provision for credit losses | 70 | 62 | 56 | 32 | 57 | 48 | 51 | 92 |
| Income before tax | 16 | 17 | 12 | 14 | 18 | 17 | 15 | −55 |
| Income tax | 3 | 4 | 2 | 3 | 4 | 5 | 3 | −13 |
| Net income | 13 | 13 | 10 | 11 | 14 | 13 | 12 | −42 |
| Diluted EPS | $0.97 | $0.94 | $0.63 | $0.71 | $0.88 | $0.82 | $0.78 | −$2.76 |
Compare with peers
- Live Oak Bancshares, Inc. income statement
- Bank Of N.t. Butterfield & Son Ltd income statement
- Servisfirst Bancshares, Inc. income statement
- Nicolet Bankshares Inc income statement
- Hope Bancorp Inc income statement
Head to head: CCB vs LOBCCB vs NTBCCB vs SFBS
More: Regional Banks stocks compared, Financials sector, rankings of US companies