Coastal Financial CORP

Coastal Financial Corporation announced the appointment of Christopher D. Adams as Executive Chair of its Board of Directors, effective July 29, 2026, alongside amendments to its bylaws.

Coastal Financial Corporation reported a net loss of $42.1 million for Q2 2026, primarily due to a $22.8 million provision for credit losses and a $46.0 million valuation adjustment related to a single partner.

Coastal Financial Corporation announced its second quarter 2026 financial results, reporting a net loss driven by a significant credit expense related to a single BaaS partner, despite record net interest income and continued BaaS growth.

Coastal Financial Corporation announced it will release its second quarter 2026 financial results on July 30, 2026, followed by an investor conference call.

Coastal Financial Corporation announces a non-binding term sheet with Evolve Bank & Trust for the potential acquisition of select banking-as-a-service programs.

Coastal Financial Corporation released its Q1 2026 investor presentation, highlighting significant deposit growth and strategic BaaS program expansion.

Coastal Financial Corporation reported a substantial net loss of $42.1 million for the second quarter of 2026, a significant downturn from the previous year, largely due to a large credit enhancement receivable valuation adjustment and increased provision for credit losses.

Coastal Financial Corporation reported Q1 2026 net income of $12.0 million, driven by growth in its CCBX banking-as-a-service segment.

Coastal Financial Corporation announced increased net income and asset growth for Q3 2025, driven by its CCBX segment, despite a decline in diluted earnings per share and ongoing internal control weaknesses.

Coastal Financial Corporation reports strong asset and deposit growth, particularly in its CCBX segment, despite a quarterly net income dip and rising noninterest expenses.

Coastal Financial Corporation's net income rose to $9.7 million in Q1 2025, driven by loan growth and higher interest rates, despite increased expenses in its CCBX segment.

Coastal Financial Corporation's Q3 2024 results show a complex picture with increased net interest income offset by significant provisions for credit losses, particularly within its CCBX segment.

Coastal Financial Corporation announced a 4% increase in net income to $47.0 million for fiscal year 2025, driven by significant growth in its CCBX banking-as-a-service segment and effective liquidity management.

Coastal Financial Corporation restates prior financial statements due to accounting errors in its CCBX segment, while still reporting significant loan growth and improved financial performance for the year ended December 31, 2024.

Coastal Financial Corporation's 2023 annual report highlights significant growth in assets, loans, and deposits, driven by both community banking and banking-as-a-service (BaaS) segments.

Steven D Hovde, a Director and 10% owner of Coastal Financial Corp, purchased 15,000 shares of common stock on August 5, 2026.

Eric M Sprink, CEO and a Director of Coastal Financial Corp, purchased 10,000 shares of common stock on August 6, 2026 for $44.45 per share.

Christopher D Adams, Executive Chair and a Director of Coastal Financial Corp, purchased 290 shares of common stock on August 7, 2026 for $45.15 per share.

Freddy I Rivas, Chief Credit Officer of Coastal Financial Corp, reported a transaction in 166 shares of common stock on August 3, 2026.

Brian T Hamilton, President of CCBX and a Director of Coastal Financial Corp, reported a transaction in 226 shares of common stock on August 3, 2026.

Brian T. Hamilton, a Director and Officer of Coastal Financial Corp, reported the sale of 229 shares of common stock on July 1, 2026, to cover withholding taxes upon the partial vesting of Restricted Stock Units (RSUs) under a Rule 10b5-1 trading plan.

Coastal Financial Corporation announces its 2026 Annual Meeting of Shareholders, to be held virtually on May 27, 2026, with key items including director elections and auditor ratification.

Coastal Financial Corporation will hold its 2025 Annual Meeting of Shareholders virtually on May 28, 2025, to vote on director elections, executive compensation, an incentive plan amendment, bylaw changes, and auditor ratification.

Coastal Financial Corporation announces its 2025 Annual Meeting of Shareholders will be held virtually on May 28, 2025, to vote on director elections, executive compensation, an incentive plan amendment, bylaw changes, and auditor ratification.

Coastal Financial Corporation will hold its 2024 Annual Meeting of Shareholders virtually on May 22, 2024, to vote on director elections, executive compensation, and auditor ratification.

Coastal Financial Corporation's 2024 Annual Meeting of Shareholders will be held virtually on May 22, 2024, to vote on director elections, executive compensation, and the ratification of the independent accounting firm.

The Vanguard Group has filed an amended Schedule 13G, reporting 0% beneficial ownership in Coastal Financial Corp/WA common stock due to an internal realignment.

The Vanguard Group has reported a 5.07% beneficial ownership stake in Coastal Financial Corp/WA, holding 762,236 shares of common stock as a passive investment.

T. Rowe Price Investment Management, Inc. has reported a 9.0% beneficial ownership stake in Coastal Financial Corp/WA's common stock as of December 31, 2024.

Endeavour Capital Advisors Inc. and its principals, Laurence M. Austin, Mitchell J. Katz, and Jonah Marcus, have jointly disclosed a 3.0% passive beneficial ownership stake in Coastal Financial Corporation's common stock as of December 31, 2024.

BlackRock, Inc. has filed an Amendment No. 3 to Schedule 13G, disclosing a 7.2% beneficial ownership stake in Coastal Financial Corp as of December 31, 2024.