Welcome to our dedicated page for Coastal Financial news (Ticker: CCB), a resource for investors and traders seeking the latest updates and insights on Coastal Financial stock.
Coastal Financial Corporation (Nasdaq: CCB) is an Everett, Washington-based bank holding company for Coastal Community Bank, with operations that span a community-focused bank segment and a Banking-as-a-Service (BaaS) segment known as CCBX. The CCB news page on Stock Titan aggregates company announcements, earnings releases, executive changes, capital markets activity, and updates on its digital banking partnerships.
Investors and analysts following CCB can use this page to review quarterly and annual financial results, as reported in Coastal’s earnings press releases and related Form 8-K filings. These updates include information on net income, loan and deposit trends, noninterest income, off-balance sheet activity, and regulatory capital ratios for both the holding company and Coastal Community Bank.
Because Coastal operates CCBX as a BaaS platform, news coverage also features developments in its relationships with broker-dealers, digital financial service providers, and other embedded finance partners. Examples from recent releases include updates on CCBX partner pipelines, new program launches, loan sales and fee income dynamics, and risk management practices such as indemnification arrangements with partners.
In addition, the CCB news feed highlights corporate actions and strategic moves, such as public offerings of common stock under an effective shelf registration statement, and brand-related transactions like Coastal’s acquisition of the GreenFi climate-focused consumer financial services brand from Mission Financial Partners. Executive leadership changes, including appointments to roles such as Chief Financial Officer, Chief Product Officer, Chief Commercial Officer, Chief Credit Officer, and Chief Information Security Officer, are also documented in news releases and corresponding 8-K filings.
By reviewing these items in one place, readers can track how Coastal’s community bank and CCBX segments evolve over time, how management describes its growth and risk management priorities, and how capital and partnership decisions affect the company’s overall banking platform.
Coastal Financial (Nasdaq: CCB) reported Q4 2025 net income of $12.6M ($0.82 diluted) and full‑year 2025 net income of $47.0M ($3.06 diluted).
Key trends: CCBX fee income was $8.4M (Q4), deposits grew $171.6M (4.3%), loans receivable rose to $3.75B, and the company acquired the GreenFi brand.
Coastal Financial Corporation (Nasdaq: CCB) acquired the GreenFi brand of climate-friendly consumer financial services from Mission Financial Partners on Jan 9, 2026. Coastal will own the brand and assume governance, oversight, and long-term stewardship while Mission Financial Partners will continue to operate and market the GreenFi program on its existing technology platform and offer sustainable investment access via its Redwood Fund mutual funds. Coastal remains GreenFi's banking partner and says customers will see no changes to accounts, digital access, or support. The companies described the deal as preserving operational continuity and creating optionality for future integration or expanded product offerings. The transaction terms were not disclosed.
Coastal Financial (Nasdaq: CCB) reported third quarter 2025 results: net income $13.6M or $0.88 diluted EPS. Loans receivable rose by $163.5M (4.6%) and total deposits increased by $59.0M (1.5%) versus Q2 2025. CCBX BaaS fee income was $7.6M, up 11.3% quarter-over-quarter excluding nonrecurring revenue. Noninterest expense declined $2.7M (3.7%) QoQ. The company sold $1.62B of loans in Q3 and reported 396,812 off-balance-sheet credit cards with fee potential, up 82,985 QoQ.
Credit-related items included a $56.6M provision for credit losses in Q3 and net charge-off rate annualized at 5.37%. Capital and liquidity remained solid: total deposits $3.97B, total shareholders’ equity $475.3M, and ROA of 1.19% for the quarter.
Coastal Financial Corporation (Nasdaq: CCB) has appointed Brandon Soto as its new Chief Financial Officer, effective October 1st, 2025. Soto joins from Square Financial Services, where he served as CFO and was instrumental in securing the bank's charter and managing financial operations.
With over 20 years of experience in financial institutions and fintech, Soto brings extensive expertise from roles at Square Financial Services, Green Dot Bank, Sallie Mae Bank, and other major institutions. He holds an MBA with a Graduate Certificate in Accounting, is a licensed CPA, and is a graduate of the McKinsey Hispanic & Latino Executive Leadership Program.
The appointment comes as Coastal Financial, with $4.48 billion in assets, continues to expand its traditional banking and Banking-as-a-Service (CCBX) operations.
Coastal Financial Corporation (Nasdaq: CCB) has strengthened its executive leadership team with four strategic appointments to support growth in digital banking and community initiatives. The new executives include Ryan Hall as Chief Product Officer (former SoFi Bank executive), Michael Costigan as Chief Commercial Officer (from OnePay), Freddy Rivas as Chief Credit Officer (former Santander executive), and Chris Morgan as Chief Information Security Officer (from Even Responsible Finance).
The appointments bring significant expertise in product development, business growth, risk management, and cybersecurity. Notable achievements of the new executives include Hall's leadership in banking product development at SoFi, Costigan's role in OnePay's $40 million Series B raise, Rivas's extensive credit leadership experience, and Morgan's success in scaling security operations.
Coastal Financial Corporation (NASDAQ: CCB) reported Q2 2025 net income of $11.0 million, or $0.71 per diluted share, compared to $9.7 million in Q1 2025 and $11.6 million in Q2 2024. The company saw improved performance in its Banking as a Service (CCBX) segment, with lower credit loss provisions and an 8.2% increase in program fee income to $6.8 million.
Key highlights include deposit growth of $122.3 million in Q2, with average deposits reaching $3.93 billion. The company sold $1.30 billion of loans, mostly credit card receivables, and maintained strong credit protection with 98.8% indemnification against credit risk. The company has 29 CCBX relationships at various stages, including two partners in testing, two in implementation, and five signed letters of intent.
The efficiency ratio was 60.98%, with ROA at 0.99% for Q2 2025. The company maintains strong capital ratios with a Tier 1 leverage ratio of 10.39% and total risk-based capital of 14.90%.
Coastal Financial reported Q1 2025 net income of $9.7 million ($0.63 per diluted share), compared to $13.4 million in Q4 2024 and $6.8 million in Q1 2024. The company's Banking as a Service (BaaS) segment CCBX showed strong growth with program fee income increasing 55.2% year-over-year.
Key highlights include:
- Total deposits grew by $205.9 million to $3.79 billion
- BaaS program fee income reached $6.3 million, up 13% from previous quarter
- Credit card portfolio expanded to 237,024 cards, adding 54,575 new cards
- Sold $744.6 million in loans during Q1
Expenses increased 6.8% to $72 million due to investments in technology, compliance, and new partner onboarding. The company maintains 98.8% credit risk indemnification with CCBX partners and expects elevated onboarding activity to continue into Q2 2025 with a robust pipeline of new partnerships.
Coastal Financial (CCB) reported Q4 2024 net income of $13.4 million ($0.94 per diluted share), compared to $13.5 million ($0.97) in Q3 2024. Full-year 2024 net income was $45.2 million ($3.26 per diluted share) versus $44.6 million ($3.27) in 2023.
Key highlights include completion of a $98.0 million capital raise at $71.00/share during Q4, and strong growth in Banking as a Service (BaaS) program fees, which increased 56.9% year-over-year to $25.6 million. The company sold $845.5 million in loans during Q4 and swept $273.2 million deposits off-balance sheet.
As of December 31, 2024, CCB had three signed letters of intent and 24 total CCBX relationships. The company maintains 98.7% indemnification against credit risk with CCBX partners. Total assets reached $4.12 billion, with loans receivable at $3.49 billion and deposits at $3.59 billion.
Coastal Financial (NASDAQ: CCB) has announced the pricing of its public offering of 1,200,000 common stock shares at $71.00 per share. The company expects to raise approximately $85.2 million in gross proceeds before deducting expenses. The underwriters have a 30-day option to purchase an additional 180,000 shares, which could increase total gross proceeds to $98.0 million.
The offering is expected to close around December 12, 2024. The company plans to use the net proceeds for general corporate purposes, including supporting investment opportunities and bank growth. Keefe, Bruyette & Woods is serving as the lead bookrunning manager, with Hovde Group as joint bookrunning manager.
Coastal Financial (NASDAQ: CCB) has announced a proposed underwritten public offering of common stock shares. The company plans to grant underwriters a 30-day option to purchase up to an additional 15% of shares at the public offering price, less underwriting discounts and commissions.
The net proceeds will be used for general corporate purposes, including supporting investment opportunities and bank growth. Keefe, Bruyette & Woods is serving as lead bookrunning manager, with Hovde Group as joint bookrunning manager, and Raymond James & Associates and Stephens Inc. as co-managers.
The shares will be issued under an effective shelf registration statement on Form S-3, with a preliminary prospectus supplement already filed with the SEC.
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