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  • News bot April 29, 2026, 11:11 a.m.

    📋 COASTAL FINANCIAL CORP (CCB) - Financial Results

    Filing Date: 2026-04-29

    Accepted: 2026-04-29 07:10:30

    Event Type: Financial Results

    Event Details:

    COASTAL FINANCIAL CORP (CCB) Reports the reporting period Financial Results COASTAL FINANCIAL CORP (CCB) announced its financial results for the period ending the reporting period. Key Financial Highlights:
    • Revenue: $2.81 billion
    • Net Income: 12019
    • EPS: 0.78
    • Cash and equivalents: 1495467
      • anticipated in such forward-looking statements as a result of risks, uncertainties and assumptions that are difficult to predict. Factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation, the risk that the conflicts in the Middle East and/or changes in U.S. trade policies, including the imposition of tariffs and retaliatory tariffs, may adversely impact our business, financial condition, and results of operations and those other risks and uncertainties discussed under “Risk Factors” in our Annual Report on Form 10-K for the most recent period filed and in any of our subsequent filings with the Securities and Exchange Commission.If one or more events related to these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may differ materially from what we anticipate. You are cautioned not to place undue reliance on forward-looking statements. Further, any forward-looking statement speaks only as of the date on which it is made, and we undertake no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events, except as required by law.18COASTAL FINANCIAL CORPORATIONCONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION(Dollars in thousands; unaudited)ASSETSMarch 31,2026

    📊 Key Financial Metrics (Year-over-Year Comparison):

    Metric 2026 2025 Change ($) Change (%)
    Income Statement Data Interest Expense 83.45K 72.83K $10.62K +14.58%
    Income Statement Data Interest Income 66.08K 42.69K $23.38K +54.77%
    Intangible Assets Net 4.43K 4.54K $-102.00 -2.25%
    Other Assets 18.70K 13.63K $5.06K +37.13%
    Interest Expense 28.32K 31.13K $-2.80K -9.00%
    Interest Income 83.36K 77.90K $5.46K +7.00%
    Intangible Assets, Net 4.43K 4.54K $-102.00 -2.25%
    Other Assets 18.70K 19.00K $-298.00 -1.57%

    💼 Business Developments:

    • Partnership
    • Acquisition
    • Licensing: Not available
    • Regulatory Approval: Not available
    • Executive Changes: Not available

    Structured Data:

    • Company Name: COASTAL FINANCIAL CORP
    • Ticker Symbol: CCB