Coastal Financial Corp
CCB Nasdaq State Commercial Banks Financials FY2017–FY2025
Revenue
Total sales reported in the income statement.
$542M
6.8%
vs prior year
Efficiency ratio
Noninterest expense as a share of revenue. Lower is better for banks.
53.1%
10.8 pts
Net income
Profit after all expenses, interest and tax.
$47.0M
3.9%
Return on equity
Net income as a share of average shareholders' equity.
10.1%
2.2 pts
Market cap
Last close times the latest diluted share count, so it is approximate.
—
P/E
Last close divided by diluted earnings per share over the last four quarters.
—
On −$0.26 EPS (TTM)
What Coastal Financial Corp does
No business description yet.
- Legal name
- COASTAL FINANCIAL CORP
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 27, 2026
- Accession · CIK
- 0001437958-26-000013
0001437958
Revenue and margins
Coastal Financial Corp had $542M of revenue in fiscal 2025, down 6.8% on the year before.
FY17
Revenue $33.4M
FY18
Revenue $40.3M
FY19
Revenue $50.3M
FY20
Revenue $65.6M
FY21
Revenue $108M
FY22
Revenue $295M
FY23
Revenue $436M
FY24
Revenue $581M
FY25
Revenue $542M
Q3 '23
Revenue $94.2M
Q4 '23
Revenue $120M
Q1 '24
Revenue $148M
Q2 '24
Revenue $135M
Q3 '24
Revenue $151M
Q4 '24
Revenue $146M
Q1 '25
Revenue $140M
Q2 '25
Revenue $119M
Q3 '25
Revenue $145M
Q4 '25
Revenue $138M
Q1 '26
Revenue $149M
Q2 '26
Revenue $178M
FY17
Net interest share 87.6%
Efficiency ratio 67.2%
FY18
Net interest share 86.4%
Efficiency ratio 65.1%
FY19
Net interest share 83.6%
Efficiency ratio 61.8%
FY20
Net interest share 87.5%
Efficiency ratio 58.1%
FY21
Net interest share 73.9%
Efficiency ratio 58.8%
FY22
Net interest share 58.3%
Efficiency ratio 56.0%
FY23
Net interest share 53.2%
Efficiency ratio 44.7%
FY24
Net interest share 47.0%
Efficiency ratio 42.4%
FY25
Net interest share 57.2%
Efficiency ratio 53.1%
Net interest share
Efficiency ratio
Q3 '23
Net interest share 64.2%
Efficiency ratio 57.2%
Q4 '23
Net interest share 46.9%
Efficiency ratio 39.6%
Q1 '24
Net interest share 41.9%
Efficiency ratio 38.1%
Q2 '24
Net interest share 48.9%
Efficiency ratio 42.8%
Q3 '24
Net interest share 47.8%
Efficiency ratio 42.6%
Q4 '24
Net interest share 49.4%
Efficiency ratio 46.0%
Q1 '25
Net interest share 54.5%
Efficiency ratio 51.6%
Q2 '25
Net interest share 64.3%
Efficiency ratio 61.0%
Q3 '25
Net interest share 53.8%
Efficiency ratio 48.5%
Q4 '25
Net interest share 57.5%
Efficiency ratio 52.7%
Q1 '26
Net interest share 55.8%
Efficiency ratio 55.8%
Q2 '26
Net interest share 50.2%
Efficiency ratio 79.2%
Net interest share
Efficiency ratio
Net income and earnings per share
From fiscal 2017 to 2025, diluted EPS grew 22.8% a year. Loss periods are shown in red.
FY17
Net income $5.4M
FY18
Net income $9.7M
FY19
Net income $13.2M
FY20
Net income $15.1M
FY21
Net income $27.0M
FY22
Net income $40.6M
FY23
Net income $44.6M
FY24
Net income $45.2M
FY25
Net income $47.0M
Q3 '23
Net income $10.3M
Q4 '23
Net income $9.0M
Q1 '24
Net income $6.8M
Q2 '24
Net income $11.6M
Q3 '24
Net income $13.5M
Q4 '24
Net income $13.4M
Q1 '25
Net income $9.7M
Q2 '25
Net income $11.0M
Q3 '25
Net income $13.6M
Q4 '25
Net income $12.6M
Q1 '26
Net income $12.0M
Q2 '26
Net income −$42.1M
FY17
Diluted EPS $0.59
FY18
Diluted EPS $0.91
FY19
Diluted EPS $1.08
FY20
Diluted EPS $1.24
FY21
Diluted EPS $2.16
FY22
Diluted EPS $3.01
FY23
Diluted EPS $3.27
FY24
Diluted EPS $3.26
FY25
Diluted EPS $3.06
Q3 '23
Diluted EPS $0.75
Q4 '23
Diluted EPS $0.66
Q1 '24
Diluted EPS $0.50
Q2 '24
Diluted EPS $0.84
Q3 '24
Diluted EPS $0.97
Q4 '24
Diluted EPS $0.95
Q1 '25
Diluted EPS $0.63
Q2 '25
Diluted EPS $0.71
Q3 '25
Diluted EPS $0.88
Q4 '25
Diluted EPS $0.84
Q1 '26
Diluted EPS $0.78
Q2 '26
Diluted EPS −$2.76
Returns and efficiency
For banks, return on equity and the efficiency ratio (costs as a share of revenue) say most about how well the business runs.
FY17
ROE 8.3%
ROTE 8.3%
Efficiency ratio 67.2%
FY18
ROE 11.1%
ROTE 8.9%
Efficiency ratio 65.1%
FY19
ROE 11.3%
ROTE 10.6%
Efficiency ratio 61.8%
FY20
ROE 11.5%
ROTE 10.8%
Efficiency ratio 58.1%
FY21
ROE 15.8%
ROTE 13.4%
Efficiency ratio 58.8%
FY22
ROE 18.3%
ROTE 16.7%
Efficiency ratio 56.0%
FY23
ROE 16.6%
ROTE 15.1%
Efficiency ratio 44.7%
FY24
ROE 12.3%
ROTE 10.3%
Efficiency ratio 42.4%
FY25
ROE 10.1%
ROTE 9.7%
Efficiency ratio 53.1%
ROE
ROTE
Efficiency ratio
Dividends, buybacks and share count
Coastal Financial Corp returned — to shareholders in fiscal 2025. The diluted share count rose 10.6%.
FY17
Dividends —
Buybacks $0.0M
FY18
Dividends —
Buybacks —
FY19
Dividends —
Buybacks —
FY20
Dividends —
Buybacks —
FY21
Dividends —
Buybacks —
FY22
Dividends —
Buybacks —
FY23
Dividends —
Buybacks —
FY24
Dividends —
Buybacks —
FY25
Dividends —
Buybacks —
Dividends
Buybacks
FY17
Diluted shares 0.01B
FY18
Diluted shares 0.01B
FY19
Diluted shares 0.01B
FY20
Diluted shares 0.01B
FY21
Diluted shares 0.01B
FY22
Diluted shares 0.01B
FY23
Diluted shares 0.01B
FY24
Diluted shares 0.01B
FY25
Diluted shares 0.02B
Balance sheet
Loans, deposits and capital at each fiscal year end.
FY17
Loans $649M
Deposits $703M
FY18
Loans $758M
Deposits $804M
FY19
Loans $928M
Deposits $968M
FY20
Loans $1.5B
Deposits $1.4B
FY21
Loans $1.7B
Deposits $2.4B
FY22
Loans $2.6B
Deposits $2.8B
FY23
Loans $2.9B
Deposits $3.4B
FY24
Loans $3.3B
Deposits $3.6B
FY25
Loans $3.6B
Deposits $4.1B
Loans
Deposits
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Loans, net | $1.7B | $2.6B | $2.9B | $3.3B | $3.6B |
| Deposits | $2.4B | $2.8B | $3.4B | $3.6B | $4.1B |
| Loans / deposits | 72.5% | 90.6% | 86.4% | 92.3% | 86.4% |
| Total assets | $2.6B | $3.1B | $3.8B | $4.1B | $4.7B |
| Shareholders' equity | $201M | $243M | $295M | $439M | $491M |
| Intangible assets | — | — | — | $0.0M | $4.5M |
| Provision / loans | 0.6% | 3.1% | 6.3% | 8.4% | 5.4% |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
9 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | $33.4M | $40.3M | $50.3M | $65.6M | $108M | $295M | $436M | $581M | $542M |
| Net interest income | $29.2M | $34.8M | $42.0M | $57.4M | $79.4M | $172M | $232M | $273M | $310M |
| Noninterest income | $4.2M | $5.5M | $8.3M | $8.2M | $28.1M | $123M | $204M | $308M | $232M |
| Noninterest expense | $22.4M | $26.2M | $31.1M | $38.1M | $63.3M | $165M | $195M | $246M | $288M |
| Provision for credit losses | $0.9M | $1.8M | $2.5M | $8.3M | $9.9M | $79.1M | $184M | $278M | $193M |
| Interest expense | $2.9M | $3.9M | $6.6M | $5.7M | $3.6M | $20.4M | $91.6M | — | — |
| Pretax income | $10.1M | $12.2M | $16.7M | $19.1M | $34.4M | $50.6M | $57.1M | $57.3M | $61.2M |
| Income tax | $4.7M | $2.5M | $3.5M | $4.0M | $7.4M | $10.0M | $12.6M | $12.1M | $14.3M |
| Net income | $5.4M | $9.7M | $13.2M | $15.1M | $27.0M | $40.6M | $44.6M | $45.2M | $47.0M |
| Diluted EPS | $0.59 | $0.91 | $1.08 | $1.24 | $2.16 | $3.01 | $3.27 | $3.26 | $3.06 |
| Diluted shares | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.02B |
| Cash flow | |||||||||
| Cash from operations | $7.6M | $14.4M | $13.7M | $19.3M | $29.8M | $67.1M | $192M | $260M | $255M |
| Capital expenditure | $1.1M | $1.1M | $1.2M | $5.4M | $2.6M | $2.8M | $6.2M | $9.9M | $8.4M |
| Free cash flow | $6.6M | $13.3M | $12.5M | $14.0M | $27.3M | $64.3M | $185M | $250M | $246M |
| Depreciation and amortization | $1.0M | $1.1M | $1.2M | $1.4M | $1.6M | $1.8M | $2.3M | $4.6M | $6.5M |
| Stock-based compensation | $0.3M | $0.3M | $0.4M | $0.6M | $1.3M | $2.5M | $3.7M | $4.8M | $8.6M |
| Share buybacks | $0.0M | — | — | — | — | — | — | — | — |
| Dividends and buybacks | $0.0M | — | — | — | — | — | — | — | — |
| Balance sheet | |||||||||
| Cash and short-term investments | $31.1M | $40.3M | $43.9M | $163M | $813M | $342M | $483M | $453M | $737M |
| Finance lease liabilities | — | — | — | — | — | — | — | $0.1M | $0.0M |
| Loans, net | $649M | $758M | $928M | $1.5B | $1.7B | $2.6B | $2.9B | $3.3B | $3.6B |
| Deposits | $703M | $804M | $968M | $1.4B | $2.4B | $2.8B | $3.4B | $3.6B | $4.1B |
| Property and equipment, net | $13.1M | $13.2M | $13.1M | $17.1M | $17.2M | $18.2M | $22.1M | $27.4M | $29.3M |
| Intangible assets | — | — | — | — | — | — | — | $0.0M | $4.5M |
| Total assets | $806M | $952M | $1.1B | $1.8B | $2.6B | $3.1B | $3.8B | $4.1B | $4.7B |
| Total liabilities | $740M | $843M | $1.0B | $1.6B | $2.4B | $2.9B | $3.5B | $3.7B | $4.3B |
| Preferred stock | — | — | — | — | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | $65.7M | $109M | $124M | $140M | $201M | $243M | $295M | $439M | $491M |
| Margins | |||||||||
| Net margin | 16.3% | 24.1% | 26.3% | 23.1% | 25.1% | 13.8% | 10.2% | 7.8% | 8.7% |
| FCF margin | 19.6% | 32.9% | 24.8% | 21.3% | 25.3% | 21.8% | 42.5% | 43.0% | 45.4% |
| Net interest share of revenue | 87.6% | 86.4% | 83.6% | 87.5% | 73.9% | 58.3% | 53.2% | 47.0% | 57.2% |
| Efficiency ratio | 67.2% | 65.1% | 61.8% | 58.1% | 58.8% | 56.0% | 44.7% | 42.4% | 53.1% |
| Returns | |||||||||
| Return on equity | 8.3% | 11.1% | 11.3% | 11.5% | 15.8% | 18.3% | 16.6% | 12.3% | 10.1% |
| Return on assets | 0.7% | 1.1% | 1.3% | 1.0% | 1.2% | 1.4% | 1.3% | 1.1% | 1.1% |
| Return on tangible equity | 8.3% | 8.9% | 10.6% | 10.8% | 13.4% | 16.7% | 15.1% | 10.3% | 9.7% |
| Growth | |||||||||
| Revenue growth | — | 20.6% | 24.8% | 30.4% | 64.0% | 174.0% | 47.8% | 33.4% | −6.8% |
| Net income growth | — | 78.5% | 36.1% | 14.7% | 78.3% | 50.4% | 9.7% | 1.4% | 3.9% |
| EPS growth | — | 54.2% | 18.7% | 14.8% | 74.2% | 39.4% | 8.6% | −0.3% | −6.1% |
| FCF growth | — | 102.0% | −6.0% | 12.1% | 95.2% | 135.8% | 188.4% | 34.9% | −1.5% |
| Share count change | — | 14.8% | 15.0% | 0.1% | 2.6% | 7.9% | 0.9% | 1.7% | 10.6% |
| Financial health | |||||||||
| Loans / deposits | 92.2% | 94.4% | 95.8% | 107.5% | 72.5% | 90.6% | 86.4% | 92.3% | 86.4% |
| Provision / loans | 0.1% | 0.2% | 0.3% | 0.5% | 0.6% | 3.1% | 6.3% | 8.4% | 5.4% |
| Capital allocation | |||||||||
| Capex / revenue | 3.2% | 2.9% | 2.4% | 8.2% | 2.4% | 1.0% | 1.4% | 1.7% | 1.6% |
| Stock comp / revenue | 0.9% | 0.8% | 0.9% | 1.0% | 1.2% | 0.9% | 0.8% | 0.8% | 1.6% |
| Payouts / FCF | 0.0% | — | — | — | — | — | — | — | — |
| Quality scores | |||||||||
| Accruals ratio | −0.3% | −0.5% | −0.0% | −0.3% | −0.1% | −0.9% | −4.3% | −5.5% | −4.7% |
Source: SEC EDGAR XBRL filings (CIK 0001437958). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.