The financials
Coastal Financial Corporation by the numbers
Coastal Financial Corporation (CCB) reported revenue of $112M in Q1 2026 (quarter ended March 31, 2026), up 6.5% from the same quarter a year earlier. That came with net income of $12M (11% of revenue). For the full year FY2025, revenue was $430M (+8.3% year on year) and net income $47M. Its largest product in 2026-Q2 was Baa S Credit Enhancements at $71M, 81% of the disclosed total, just ahead of Transaction Fees at 7.9%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $112M | $105M | +6.5% |
| Net income | $12M | $9.7M | +24% |
| Diluted EPS | $0.78 | $0.63 | +24% |
| Product | Revenue | Share |
|---|---|---|
| Baa S Credit Enhancements | $71M | 81% |
| Transaction Fees | $6.8M | 7.9% |
| Baa S Fraud Enhancements | $4.3M | 5.0% |
| Servicing And Other Baa S Fees | $2.9M | 3.4% |
| Reimbursement Of Expenses | $2.3M | 2.6% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $87.0M (+35%)
Reimbursement Of Expenses grew +250% year on yearTransaction Fees +34% year on year
Segment Latestquarter on quarteryear on year
- Baa S Credit Enhancements$70.7M$70.7MQoQ +39%year on year +126%+39%+126%
- Transaction Fees$6.8M$6.8MQoQ +16%year on year +34%+16%+34%
- Baa S Fraud Enhancements$4.3M$4.3MQoQ +41%year on year +54%+41%+54%
- Servicing And Other Baa S Fees$2.9M$2.9MQoQ +11%year on year +54%+11%+54%
- Reimbursement Of Expenses$2.3M$2.3MQoQ -5.6%year on year +250%-5.6%+250%
- Baa S Indemnification Income$0.00$0.00QoQ -year on year ---
- Baa S Program Income$0.00$0.00QoQ -year on year ---