Every 8-K that Coastal Financial Corporation (CCB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CCB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CCB filings page.
Coastal Financial Corporation disclosed that its financial technology partner, Bluevine, Inc., entered a definitive agreement to be acquired by Valley National Bancorp, parent of Valley Bank. The transaction remains subject to regulatory approvals and other customary closing conditions.
Approximately $447 million in Bluevine-related deposits were held on Coastal Community Bank's balance sheet as of September 25, 2026; the amount fluctuates with customer activity, balance-sheet management and use of deposit sweep arrangements. Coastal Financial does not currently expect the transaction, or resulting changes to the Bluevine deposit relationship, to have a material adverse effect on its liquidity or funding profile. CCBX had 22 active partner relationships as of June 30, 2026. The company said it will provide additional information in connection with third-quarter earnings.
Coastal Financial Corporation appointed Christopher D. Adams, 46, as Executive Chair of its Board of Directors, effective July 29, 2026. Adams has served as a non-employee director since 2016 and is a partner at the Everett, Washington law firm Adams & Duncan, Inc., P.S.
The company entered into an employment agreement with Adams with an initial five-year term and an annual base salary of $750,000, subject to review by the Board’s Compensation Committee, and including standard non-solicitation, confidentiality and non-disparagement provisions. Following his appointment, the Board named Thomas Lane as Lead Independent Director and approved amendments to the Fourth Amended and Restated Bylaws to define the authority and duties of the Executive Chairperson and Lead Independent Director.
Coastal Financial Corporation presented second quarter 2026 results showing a net loss of $42.1 million, or EPS of $(2.76), versus profit in the prior quarter. The loss was driven largely by a $22.8 million partner-specific credit loss provision and a $46.0 million valuation adjustment to a credit enhancement asset, plus $4.4 million of amortization on capitalized software tied to technology modernization. Despite this, total revenue rose to $178.1 million, up 19.2% sequentially and 49.1% year over year, with net interest income of $89.4 million and a net interest margin of 7.27% (3.98% net of BaaS loan expense).
Loans receivable increased 9.0% from March 31 to $4.21 billion, while deposits declined 3.6% to $4.86 billion as the company swept $4.26 billion of CCBX deposits off balance sheet, generating $1.2 million of sweep fee income. The CCBX Banking as a Service segment reported gross loans of $2.23 billion, 32.5% higher than a year earlier, and BaaS program fee income of $12.0 million, 57.0% above the prior-year quarter. Capital and liquidity remained strong, with Bank Common Equity Tier 1 capital of 11.0%, total shareholders’ equity of about $463.4 million, tangible book value per share of $30.05, and cash plus immediate borrowing capacity of $1.924 billion, equal to 43.7% of total deposits.
Coastal Financial Corporation reported a second-quarter 2026 net loss of $42.1 million, or $(2.76) per diluted share, versus net income of $12.0 million, or $0.78 per share, in the prior quarter. The loss was primarily driven by a $68.8 million credit expense tied to a single CCBX banking-as-a-service partner, including a $22.8 million specific provision for credit losses and a $46.0 million valuation adjustment to the related credit enhancement asset.
Underlying operations showed growth: net interest income rose to $89.4 million with a net interest margin of 7.27%, loans receivable increased to $4.21 billion, and total BaaS program fee income reached $12.0 million, up 10.3% from the prior quarter. CCBX loans grew 18.1% to $2.23 billion despite selling $4.56 billion of loans, and off-balance sheet credit cards with fee potential climbed to 881,659.
Credit costs and technology investments were elevated: the provision for credit losses totaled $92.2 million, noninterest expense increased to $141.1 million, and the allowance for credit losses rose to 5.08% of loans. Even after these charges, the company and bank remained well capitalized, with a common equity Tier 1 ratio of 10.86% and total risk-based capital of 13.30%, supported by $1.01 billion in cash and $1.12 billion of additional borrowing capacity.
Coastal Financial Corporation announced that it will report second quarter 2026 financial results pre-market on July 30, 2026 and will host an earnings conference call that day at 8:00 a.m. ET (5:00 a.m. PT) to review and discuss the results.
Coastal is an Everett, Washington-based bank holding company whose wholly owned subsidiaries are Coastal Community Bank and Arlington Olympic LLC. The Bank is described as a $5.66 billion institution, operates 14 full-service branches and one loan production office in Washington, and also offers “banking as a service” to digital financial service providers through its CCBX segment.
Coastal Financial Corporation reported a planned chief financial officer transition. Brandon Soto, Executive Vice President and CFO, will step down effective August 15, 2026, to become CEO of a banking subsidiary of a privately held financial technology company. The company stated that his departure is not related to any disagreements. Under a Separation Agreement dated July 22, 2026, he will repay a $15,000 signing bonus and receives a waiver of advance notice requirements in exchange for agreeing to restrictive covenants.
Joel Edwards, age 65, who served as Coastal’s CFO from 2012 until his retirement in 2025 and currently advises the company, has been appointed Interim Chief Financial Officer effective August 15, 2026. An offer letter provides a monthly base salary of $100,000 and participation in standard executive benefits. The company notes there are no arrangements or family relationships tied to his selection and no related-party transactions requiring disclosure. Coastal plans to conduct a search for a permanent CFO, and Soto will remain through the filing and certification of the company’s second-quarter 2026 Form 10-Q.
Coastal Financial Corporation reported voting results from its 2026 annual shareholder meeting. Shareholders representing 13,853,559 shares, about 91% of the company’s voting power as of March 27, 2026, were present, providing a strong quorum.
All nominated directors were elected, with Rilla R. Delorier, Steven D. Hovde, Michael R. Patterson and Gregory A. Tisdel each winning terms running to the 2029 annual meeting, and Jeffrey M. Chapman elected to a term running to the 2028 meeting. Shareholders also ratified Baker Tilly US, LLP as independent registered public accounting firm for the 2026 fiscal year and approved, on an advisory basis, the executive compensation program.
Coastal Financial Corporation, through its subsidiary Coastal Community Bank, entered into a non-binding term sheet with Evolve Bank & Trust covering a diverse set of banking-as-a-service programs operated by Evolve. These programs’ assets and deposits may be acquired by the bank following review.
The bank plans to promptly begin due diligence on selected Evolve programs, and both parties intend to work toward definitive agreements for any programs they mutually elect. Any acquisition will depend on signed definitive agreements, required regulatory approvals, and other customary closing conditions. The disclosure is furnished under Regulation FD and is not deemed filed.
Coastal Financial Corporation shared an investor presentation outlining its first quarter 2026 performance and Banking-as-a-Service (BaaS) strategy. Total assets rose to $5.66 billion, up 19.5% from December 31, 2025, as CCBX partner growth drove strong balance sheet expansion.
Total loans reached $3.86 billion, up 2.9% sequentially, while deposits climbed 21.6% to $5.04 billion, aided by new CCBX partner deposits. The company sold $3.28 billion of CCBX loans and swept $2.81 billion of deposits off balance sheet, generating $710,000 of sweep-related noninterest income.
For the quarter, revenue was $149.4 million, up 8.3% from the prior quarter, and net income was $12.0 million, down 4.9% from last quarter but up 23.5% from a year earlier. Diluted EPS was $0.78, with return on average assets of 0.98%.
Coastal Financial Corporation reported first quarter 2026 net income of $12.0 million, or $0.78 per diluted share, down slightly from $0.82 in the prior quarter but up from $0.63 a year earlier. Total assets grew to $5.66 billion, a 19.5% increase from December 31, 2025, driven by strong CCBX banking-as-a-service activity.
Total deposits rose to $5.04 billion, up 21.6% quarter over quarter, while loans receivable reached $3.86 billion. Net interest income increased to $83.4 million and net interest margin was 7.00%, slightly below both the prior quarter and prior year as higher BaaS loan expense weighed on net spreads.
Noninterest income was $66.1 million, supported by BaaS program income and credit and fraud enhancements. Asset quality metrics remained controlled, with nonperforming assets at 1.19% of total assets and an allowance for credit losses equal to 4.47% of loans, including 8.19% coverage on CCBX loans. Capital ratios stayed well above well-capitalized thresholds, with common equity Tier 1 at 12.08% at the holding company level.
Coastal Financial Corporation appointed Jeffrey M. Chapman to its Board of Directors, effective March 11, 2026. This brings the Board to twelve directors.
Mr. Chapman is a veteran financial technology executive with more than 25 years of experience in banking technology, digital transformation, payments, and data-driven platform development. As a non-employee director, he will receive cash and restricted stock compensation under the company’s existing director compensation program.
He is expected to serve on the Board’s Technology Committee and the CCBX Oversight Committee. The company states there are no special arrangements related to his selection and no material related-party transactions involving him that require disclosure.
Coastal Financial Corporation filed a current report describing the release of new investor presentation materials. On January 29, 2026, the company made available a slide presentation it plans to use in investor meetings and posted these materials on its website.
The presentation is furnished as Exhibit 99.1 to this report and is labeled as an investor presentation dated January 29, 2026. The company clarifies that these materials are being furnished, not filed, so they are not subject to certain liability provisions of the federal securities laws and are not automatically incorporated into other securities filings.
Coastal Financial Corporation filed a current report to furnish a press release announcing its results of operations and financial condition for the fiscal quarter ended December 31, 2025. The press release is included as Exhibit 99.1 and is treated as furnished, not filed, under securities law rules.
Coastal Financial Corporation (CCB) filed an 8-K announcing that it has made available investor presentation slides for upcoming investor meetings. The materials are posted on the company’s website and are furnished as Exhibit 99.1 under Item 7.01 (Regulation FD). The company states the materials are furnished, not filed, which means they are not subject to Section 18 liability of the Exchange Act and are not incorporated by reference into other filings unless expressly stated.
Coastal Financial’s common stock trades on the Nasdaq under the symbol CCB. The investor presentation is intended to support outreach to investors and provide the latest corporate information through a standardized slide deck.
Coastal Financial Corporation furnished a press release announcing its results of operations and financial condition for the fiscal quarter ended September 30, 2025. The press release is included as Exhibit 99.1 to a Current Report on Form 8‑K.
The information under Item 2.02, including Exhibit 99.1, is furnished pursuant to General Instruction B.2 and is not deemed filed under Section 18 of the Exchange Act, nor incorporated by reference except as expressly stated in future filings.
Coastal Financial Corporation reported that its Executive Vice President and Chief Risk Officer, Andrew Stines, has resigned, effective October 1, 2025, to pursue other professional opportunities. The company stated that his resignation is not due to any disagreement with Coastal or its board of directors.
In connection with his departure, Mr. Stines will receive a lump-sum payment of $70,000. In addition, his 1,500 Restricted Stock Awards and 5,647 Restricted Stock Units that were previously unvested will be accelerated and treated as vested, providing him with the full equity benefit immediately upon leaving.
Coastal Financial Corporation appointed Brandon Soto as Executive Vice President and Chief Financial Officer, effective October 1, 2025, succeeding Joel G. Edwards in that role. The company detailed his employment terms, equity awards and incentive opportunities.
Soto will receive a $500,000 annual base salary, a $15,000 signing bonus, 18,000 restricted stock units and 15,000 performance-based restricted stock units. Time-based RSUs vest over four years. The performance-based units vest based on stock price targets equal to 133%, 166% and 200% of the grant-date stock price, measured over 60 continuous trading days, alongside service-based conditions. He will also be eligible for annual cash incentives and additional equity awards under the 2018 Omnibus Incentive Plan. The company stated there are no arrangements, family relationships or related-party transactions connected to his appointment.
Coastal Financial Corporation reported that Curt T. Queyrouze resigned as President of its subsidiary, Coastal Community Bank, effective September 12, 2025, to pursue other professional opportunities. The company stated that his resignation is not due to any disagreement with Coastal or its Board of Directors, which signals an orderly leadership transition rather than a conflict-driven departure.
In connection with his resignation, Mr. Queyrouze will forfeit all outstanding equity awards and receive a lump sum cash payment of $155,000. The filing does not name a successor in this excerpt, but confirms that normal reporting obligations are being followed through this current report.