Coastal Financial (CCB) Financials

$110.86 +6.25 (+5.97%)

Closing price 08/22/2025 04:00 PM Eastern

Extended Trading

$111.00 +0.14 (+0.13%)

As of 08/22/2025 04:29 PM Eastern

Annual Income Statements for Coastal Financial

This table shows Coastal Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	8.49	13	13	15	34	70	151	216
Consolidated Net Income / (Loss)	5.44	9.70	13	15	27	41	45	45
Net Income / (Loss) Continuing Operations	8.49	13	13	15	34	70	151	216
Total Pre-Tax Income	10	12	17	19	34	51	57	57
Total Revenue	36	44	50	66	119	407	629	880
Net Interest Income / (Expense)	29	35	42	57	79	172	232	273
Total Interest Income	32	39	49	63	83	192	323	397
Loans and Leases Interest Income	31	37	45	62	82	183	304	372
Investment Securities Interest Income	0.67	0.77	0.81	0.47	0.36	2.09	3.58	3.49
Deposits and Money Market Investments Interest Income	0.67	1.43	2.42	0.66	0.61	6.73	15	21
Total Interest Expense	2.88	3.93	6.58	5.65	3.65	20	92	124
Deposits Interest Expense	2.14	3.14	5.80	4.29	2.33	19	89	121
Long-Term Debt Interest Expense	0.74	0.79	0.77	1.36	1.32	1.39	2.64	2.82
Total Non-Interest Income	4.15	5.47	8.26	8.18	28	123	204	308
Other Service Charges	6.89	0.52	0.49	0.66	1.86	1.34	0.88	1.52
Net Realized & Unrealized Capital Gains on Investments	0.10	0.26	0.66	-0.32	3.13	-0.15	0.53	0.03
Other Non-Interest Income	0.22	8.36	7.11	7.84	35	234	396	605
Provision for Credit Losses	0.87	1.83	2.54	8.31	9.92	79	184	278
Total Non-Interest Expense	22	26	31	38	63	165	195	246
Salaries and Employee Benefits	13	16	19	23	37	52	66	70
Net Occupancy & Equipment Expense	4.81	1.97	5.86	6.33	4.80	4.59	4.65	4.26
Marketing Expense	0.75	0.72	0.82	0.32	0.45	0.35	0.52	0.16
Other Operating Expenses	3.16	7.50	5.42	8.18	25	191	210	300
Income Tax Expense	4.65	2.54	3.46	4.00	7.37	10.00	13	12
Basic Earnings per Share	$0.59	$0.93	$1.11	$1.27	$2.25	$3.14	$3.36	$3.35
Weighted Average Basic Shares Outstanding	9.23M	10.44M	11.90M	11.92M	12.02M	12.95M	13.26M	13.51M
Diluted Earnings per Share	$0.59	$0.91	$1.08	$1.24	$2.16	$3.01	$3.27	$3.26
Weighted Average Diluted Shares Outstanding	9.24M	10.61M	12.20M	12.21M	12.52M	13.51M	13.64M	13.88M
Weighted Average Basic & Diluted Shares Outstanding	-	11.90M	11.93M	11.98M	12.92M	13.22M	13.38M	15.01M

This table shows Coastal Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	16	27	40	45	17	50	64	48	57	45	37
Consolidated Net Income / (Loss)	11	13	12	13	10	9.01	6.80	12	13	13	9.73
Net Income / (Loss) Continuing Operations	16	27	40	45	17	50	64	48	57	45	37
Total Pre-Tax Income	14	16	15	17	13	12	8.72	15	16	17	12
Total Revenue	116	132	151	176	129	174	232	204	230	214	201
Net Interest Income / (Expense)	49	53	54	62	62	53	62	66	72	74	76
Total Interest Income	55	65	70	84	88	81	92	97	105	104	105
Loans and Leases Interest Income	52	61	66	80	84	74	86	91	100	97	98
Investment Securities Interest Income	0.58	0.71	0.58	0.81	0.80	1.40	1.07	0.86	0.71	0.85	0.69
Deposits and Money Market Investments Interest Income	2.27	3.10	3.10	2.68	3.88	5.69	4.78	5.68	4.78	6.02	6.07
Total Interest Expense	5.99	12	16	21	26	29	30	31	33	30	29
Deposits Interest Expense	5.72	11	15	21	25	28	29	31	32	29	28
Long-Term Debt Interest Expense	0.27	0.54	0.66	0.66	0.65	0.67	0.67	0.67	0.81	0.67	0.66
Total Non-Interest Income	34	41	49	59	35	62	86	70	80	71	63
Other Service Charges	0.26	-41	0.30	0.23	0.29	0.06	0.31	0.26	0.49	0.47	0.68
Net Realized & Unrealized Capital Gains on Investments	-0.13	-0.02	0.16	0.18	0.11	0.08	0.02	0.01	0.00	0.00	0.02
Other Non-Interest Income	67	-	96	113	66	121	170	137	157	140	124
Provision for Credit Losses	18	21	44	52	27	61	83	62	70	62	56
Total Non-Interest Expense	51	45	45	52	57	41	57	59	66	66	72
Salaries and Employee Benefits	15	14	16	16	18	16	18	17	17	18	22
Net Occupancy & Equipment Expense	1.89	-0.18	1.97	1.96	2.29	-1.57	1.61	2.54	3.10	-3.77	1.14
Marketing Expense	0.07	0.11	0.10	0.12	0.17	0.14	0.05	0.01	0.07	0.03	0.05
Other Operating Expenses	62	69	47	57	61	45	64	71	79	89	83
Income Tax Expense	2.96	2.43	3.05	3.88	2.78	2.85	1.92	3.43	2.93	3.83	2.04
Basic Earnings per Share	$0.86	$1.01	$0.94	$0.97	$0.77	$0.68	$0.51	$0.86	$1.00	$0.98	$0.65
Weighted Average Basic Shares Outstanding	12.94M	12.95M	13.20M	13.28M	13.29M	13.26M	13.34M	13.41M	13.45M	13.51M	14.96M
Diluted Earnings per Share	$0.82	$0.97	$0.91	$0.95	$0.75	$0.66	$0.50	$0.84	$0.97	$0.95	$0.63
Weighted Average Diluted Shares Outstanding	13.54M	13.51M	13.61M	13.60M	13.68M	13.64M	13.68M	13.74M	13.82M	13.88M	15.46M
Weighted Average Basic & Diluted Shares Outstanding	12.96M	13.22M	13.28M	13.30M	13.30M	13.38M	13.42M	13.46M	13.54M	15.01M	15.03M

This table details how cash moves in and out of Coastal Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	5.51	9.20	3.59	-25	650	-471	141	-31
Net Cash From Operating Activities	7.62	14	14	19	30	67	192	260
Net Cash From Continuing Operating Activities	7.62	14	14	19	30	67	192	260
Net Income / (Loss) Continuing Operations	5.44	9.70	13	15	27	41	45	45
Consolidated Net Income / (Loss)	5.44	9.70	13	15	27	41	45	45
Provision For Loan Losses	0.87	1.83	2.54	8.31	9.92	79	184	278
Depreciation Expense	0.99	1.07	1.24	1.36	1.59	1.81	2.33	4.55
Amortization Expense	-0.00	-0.02	-0.06	0.05	0.03	-0.05	-0.03	0.01
Non-Cash Adjustments to Reconcile Net Income	1.29	-0.49	-0.95	-0.31	-14	-8.67	16	-64
Changes in Operating Assets and Liabilities, net	-0.97	2.32	-2.30	-5.21	5.05	-46	-56	-3.91
Net Cash From Investing Activities	-62	-139	-165	-667	-240	-988	-594	-609
Net Cash From Continuing Investing Activities	-62	-139	-165	-667	-240	-988	-594	-609
Purchase of Property, Leasehold Improvements and Equipment	-1.06	-1.15	-1.21	-5.37	-2.59	-2.84	-6.25	-9.90
Purchase of Investment Securities	-68	-141	-210	-702	-184	-303	-142	-203
Sale and/or Maturity of Investments	7.20	3.32	47	41	84	231	601	1,628
Other Investing Activities, net	-	-	-	-	-142	-913	-1,047	-2,025
Net Cash From Financing Activities	60	134	154	622	860	450	543	318
Net Cash From Continuing Financing Activities	60	134	154	622	860	450	543	318
Net Change in Deposits	55	100	164	453	967	454	543	225
Issuance of Debt	5.00	-	0.00	231	24	20	0.00	0.00
Issuance of Common Equity	0.00	33	-	0.00	32	0.00	0.00	92
Repayment of Debt	-	-	-10	-62	-10	-25	0.00	0.00
Other Financing Activities, Net	0.02	0.36	0.12	0.20	-153	1.47	0.62	1.40
Cash Interest Paid	2.87	3.88	6.55	6.55	3.82	20	91	124
Cash Income Taxes Paid	3.82	2.52	4.48	5.36	8.76	23	6.84	11

This table details how cash moves in and out of Coastal Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	5.04	-69	52	-119	200	8.18	32	-28	-3.22	-32	172
Net Cash From Operating Activities	21	25	47	34	65	45	57	73	63	62	72
Net Cash From Continuing Operating Activities	21	25	47	34	65	45	57	73	63	62	72
Net Income / (Loss) Continuing Operations	11	13	12	13	10	9.01	6.80	12	13	13	9.73
Consolidated Net Income / (Loss)	11	13	12	13	10	9.01	6.80	12	13	13	9.73
Provision For Loan Losses	18	34	44	52	27	61	83	62	70	62	56
Depreciation Expense	0.49	0.47	0.47	0.49	0.61	0.77	0.88	1.08	1.16	1.43	1.55
Amortization Expense	-0.01	-0.01	-0.01	-0.01	-0.01	-0.01	0.01	-0.00	0.00	0.00	0.00
Non-Cash Adjustments to Reconcile Net Income	-0.83	-3.74	-20	14	22	0.68	-32	-5.44	-23	-8.61	0.80
Changes in Operating Assets and Liabilities, net	-7.97	-18	10	-45	5.20	-26	-2.35	2.99	1.54	-6.08	3.81
Net Cash From Investing Activities	-156	-95	-273	-221	7.63	-108	-128	-181	-151	-143	-105
Net Cash From Continuing Investing Activities	-156	-95	-273	-221	7.63	-108	-128	-181	-151	-143	-105
Purchase of Property, Leasehold Improvements and Equipment	-0.29	-0.22	-0.28	-1.39	-2.25	-2.33	-1.79	-2.62	-2.47	-3.03	-2.76
Purchase of Investment Securities	-0.33	-2.73	-48	-12	-74	-8.81	-21	-0.43	-0.09	-181	0.00
Sale and/or Maturity of Investments	85	68	71	82	321	127	201	156	424	847	743
Other Investing Activities, net	-240	-160	-296	-290	-238	-224	-306	-335	-573	-806	-845
Net Cash From Financing Activities	140	1.24	278	67	127	71	103	81	85	50	205
Net Cash From Continuing Financing Activities	140	1.24	278	67	127	71	103	81	85	50	205
Net Change in Deposits	140	-20	278	67	127	71	103	80	84	-42	206
Issuance of Common Equity	-	-	-	-	-	-	0.00	-	-	-	0.07
Other Financing Activities, Net	0.03	1.16	0.57	0.02	0.01	0.02	0.29	0.29	0.70	0.12	-1.13
Cash Interest Paid	6.17	11	15	21	26	29	29	31	33	30	29
Cash Income Taxes Paid	6.18	12	0.17	5.03	-	1.65	0.10	3.53	3.81	3.11	0.11

This table presents Coastal Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	806	952	1,129	1,766	2,636	3,144	3,750	4,121
Cash and Due from Banks	14	16	17	19	14	33	31	37
Interest Bearing Deposits at Other Banks	76	109	111	144	799	309	452	416
Trading Account Securities	38	38	33	23	37	98	150	47
Loans and Leases, Net of Allowance	649	758	928	1,528	1,714	2,553	2,904	3,310
Loans and Leases	657	768	939	1,547	1,743	2,627	3,022	3,487
Allowance for Loan and Lease Losses	8.02	9.41	11	19	29	74	117	177
Loans Held for Sale	-	-	-	-	-	-	0.00	21
Accrued Investment Income	2.27	2.53	2.98	8.62	8.11	18	23	21
Premises and Equipment, Net	13	13	13	17	17	18	22	27
Other Assets	14	14	24	26	1,759	115	167	243
Total Liabilities & Shareholders' Equity	806	952	1,129	1,766	2,636	3,144	3,750	4,121
Total Liabilities	740	843	1,004	1,626	2,434	2,901	3,455	3,683
Non-Interest Bearing Deposits	703	804	968	1,421	2,364	2,818	3,360	3,585
Accrued Interest Payable	0.23	0.28	0.31	0.53	0.36	0.68	0.89	0.96
Long-Term Debt	34	34	24	192	53	48	48	48
Other Long-Term Liabilities	2.99	5.52	13	12	17	35	46	48
Total Equity & Noncontrolling Interests	66	109	124	140	201	243	295	439
Total Preferred & Common Equity	66	109	124	140	201	243	295	439
Preferred Stock	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00
Total Common Equity	66	109	124	140	201	243	295	439
Common Stock	53	86	87	88	122	126	130	228
Retained Earnings	14	24	37	52	79	120	165	211
Accumulated Other Comprehensive Income / (Loss)	-0.94	-1.30	-0.03	0.03	0.00	-2.33	-0.47	-0.00

This table presents Coastal Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2022	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	6/30/2022	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025
Total Assets	2,970	3,134	3,451	3,535	3,678	3,865	3,962	4,066	4,339
Cash and Due from Banks	41	37	38	30	30	33	60	45	43
Interest Bearing Deposits at Other Banks	365	373	356	245	445	482	427	439	581
Trading Account Securities	110	1.25	102	111	141	50	49	49	47
Loans and Leases, Net of Allowance	2,285	-59	2,748	2,897	2,866	3,060	3,179	3,249	3,334
Loans and Leases	2,334	-	2,837	3,008	2,967	3,200	3,326	3,419	3,517
Allowance for Loan and Lease Losses	49	59	89	111	101	139	148	170	183
Loans Held for Sale	60	43	27	36	0.00	0.80	0.00	7.57	42
Accrued Investment Income	12	13	19	22	23	25	24	24	21
Premises and Equipment, Net	19	18	18	19	21	23	25	26	29
Other Assets	78	144	2,877	176	152	191	198	228	242
Total Liabilities & Shareholders' Equity	2,970	3,134	3,451	3,535	3,678	3,865	3,962	4,066	4,339
Total Liabilities	2,752	2,905	3,192	3,263	3,394	3,562	3,645	3,734	3,889
Non-Interest Bearing Deposits	2,697	2,837	3,095	3,163	3,290	3,463	3,543	3,627	3,791
Accrued Interest Payable	0.33	0.15	0.87	0.77	1.06	1.06	1.00	1.07	1.11
Long-Term Debt	28	28	48	48	48	48	48	48	48
Other Long-Term Liabilities	26	40	49	52	55	50	47	58	49
Total Equity & Noncontrolling Interests	218	229	259	273	284	304	317	332	450
Total Preferred & Common Equity	218	229	259	273	284	304	317	332	450
Preferred Stock	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	218	229	259	273	284	304	317	332	450
Common Stock	123	124	127	128	129	132	133	135	230
Retained Earnings	96	107	133	146	156	172	184	197	220
Accumulated Other Comprehensive Income / (Loss)	-1.34	-2.09	-1.81	-1.68	-1.09	-0.00	-0.00	-0.00	-0.00

This table displays calculated financial ratios and metrics derived from Coastal Financial's official financial filings.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	20.62%	14.34%	30.43%	81.55%	242.11%	54.53%	39.84%
EBITDA Growth	0.00%	20.03%	5.16%	15.13%	131.12%	247.32%	53.46%	42.54%
EBIT Growth	0.00%	21.12%	4.65%	14.88%	139.59%	255.75%	53.71%	42.03%
NOPAT Growth	0.00%	78.46%	36.08%	14.73%	78.30%	50.44%	9.73%	1.44%
Net Income Growth	0.00%	78.46%	36.08%	14.73%	78.30%	50.44%	9.73%	1.44%
EPS Growth	0.00%	54.24%	18.68%	14.81%	74.19%	39.35%	8.64%	-0.31%
Operating Cash Flow Growth	0.00%	89.08%	-5.08%	41.39%	54.41%	124.81%	185.46%	35.63%
Free Cash Flow Firm Growth	0.00%	0.00%	124.19%	-2,176.74%	162.15%	-96.55%	-293.79%	-1,298.99%
Invested Capital Growth	0.00%	43.79%	3.53%	125.07%	-23.58%	14.56%	17.74%	41.98%
Revenue Q/Q Growth	0.00%	0.00%	-5.94%	9.33%	38.45%	24.40%	6.49%	3.15%
EBITDA Q/Q Growth	0.00%	0.00%	-19.63%	7.47%	51.71%	36.27%	1.65%	3.53%
EBIT Q/Q Growth	0.00%	0.00%	-20.86%	7.52%	54.40%	36.76%	1.54%	3.37%
NOPAT Q/Q Growth	0.00%	0.00%	4.37%	7.47%	10.79%	16.75%	-8.43%	10.66%
Net Income Q/Q Growth	0.00%	0.00%	4.37%	7.47%	1.59%	24.65%	-8.43%	10.66%
EPS Q/Q Growth	0.00%	0.00%	3.85%	7.83%	9.64%	15.33%	-8.66%	9.76%
Operating Cash Flow Q/Q Growth	0.00%	32.27%	-8.13%	12.17%	0.44%	38.10%	11.81%	4.71%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	18.58%	-43.58%	145.91%	73.68%	-1,357.70%
Invested Capital Q/Q Growth	0.00%	0.00%	-4.06%	-11.66%	18.77%	13.41%	3.18%	28.12%
Profitability Metrics	-	-	-	-	-	-	-	-
EBITDA Margin	38.78%	38.60%	35.50%	31.33%	39.89%	40.49%	40.21%	40.99%
EBIT Margin	36.07%	36.21%	33.15%	29.19%	38.53%	40.06%	39.85%	40.47%
Profit (Net Income) Margin	14.91%	22.07%	26.26%	23.10%	22.69%	9.98%	7.08%	5.14%
Tax Burden Percent	53.88%	79.24%	79.23%	79.13%	78.56%	80.25%	78.03%	78.89%
Interest Burden Percent	76.75%	76.89%	100.00%	100.00%	74.96%	31.03%	22.78%	16.09%
Effective Tax Rate	46.12%	20.76%	20.77%	20.87%	21.44%	19.75%	21.97%	21.11%
Return on Invested Capital (ROIC)	5.48%	8.02%	9.09%	6.31%	9.21%	14.90%	14.07%	10.91%
ROIC Less NNEP Spread (ROIC-NNEP)	5.48%	8.02%	9.09%	6.31%	9.21%	14.90%	14.07%	10.91%
Return on Net Nonoperating Assets (RNNOA)	2.80%	3.08%	2.22%	5.15%	6.61%	3.37%	2.49%	1.42%
Return on Equity (ROE)	8.27%	11.10%	11.32%	11.46%	15.82%	18.27%	16.56%	12.33%
Cash Return on Invested Capital (CROIC)	0.00%	-27.91%	5.62%	-70.64%	35.94%	1.34%	-2.23%	-23.79%
Operating Return on Assets (OROA)	1.63%	1.81%	1.60%	1.32%	2.08%	5.65%	7.27%	9.05%
Return on Assets (ROA)	0.67%	1.10%	1.27%	1.05%	1.23%	1.41%	1.29%	1.15%
Return on Common Equity (ROCE)	8.27%	11.10%	11.32%	11.46%	15.82%	18.27%	16.56%	12.33%
Return on Equity Simple (ROE_SIMPLE)	8.27%	8.89%	10.63%	10.80%	13.42%	16.68%	15.11%	10.31%
Net Operating Profit after Tax (NOPAT)	5.44	9.70	13	15	27	41	45	45
NOPAT Margin	14.91%	22.07%	26.26%	23.10%	22.69%	9.98%	7.08%	5.14%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	51.98%	42.57%	51.00%	45.67%	35.58%	14.04%	11.38%	8.47%
Operating Expenses to Revenue	61.55%	59.63%	61.79%	58.14%	53.15%	40.52%	30.92%	27.99%
Earnings before Interest and Taxes (EBIT)	13	16	17	19	46	163	251	356
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	14	17	18	21	47	165	253	361
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.63	1.66	1.58	1.79	3.02	2.53	2.00	2.62
Price to Tangible Book Value (P/TBV)	0.63	1.66	1.58	1.79	3.02	2.53	2.00	2.62
Price to Revenue (P/Rev)	1.13	4.12	3.90	3.83	5.11	1.51	0.94	1.31
Price to Earnings (P/E)	4.87	13.53	14.86	16.57	17.88	8.76	3.90	5.33
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	20.55%	7.39%	6.73%	6.04%	5.59%	11.41%	25.61%	18.75%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.62	0.62	0.84	0.00	1.10	0.45	1.53
Enterprise Value to Revenue (EV/Rev)	0.00	2.02	1.83	4.27	0.00	0.79	0.25	0.85
Enterprise Value to EBITDA (EV/EBITDA)	0.00	5.23	5.15	13.64	0.00	1.95	0.61	2.07
Enterprise Value to EBIT (EV/EBIT)	0.00	5.58	5.52	14.64	0.00	1.97	0.62	2.09
Enterprise Value to NOPAT (EV/NOPAT)	0.00	9.15	6.97	18.50	0.00	7.91	3.49	16.48
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	6.17	6.73	14.49	0.00	4.79	0.81	2.87
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	11.26	0.00	0.00	88.32	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.51	0.31	0.19	1.37	0.26	0.20	0.16	0.11
Long-Term Debt to Equity	0.51	0.31	0.19	1.37	0.26	0.20	0.16	0.11
Financial Leverage	0.51	0.38	0.24	0.82	0.72	0.23	0.18	0.13
Leverage Ratio	12.26	10.05	8.92	10.95	12.89	13.00	12.80	10.73
Compound Leverage Factor	9.41	7.73	8.92	10.95	9.66	4.03	2.92	1.73
Debt to Total Capital	33.79%	23.51%	15.95%	57.83%	20.81%	16.35%	13.93%	9.84%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	33.79%	23.51%	15.95%	57.83%	20.81%	16.35%	13.93%	9.84%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	66.21%	76.49%	84.05%	42.17%	79.19%	83.65%	86.07%	90.16%
Debt to EBITDA	2.37	1.98	1.32	9.36	1.11	0.29	0.19	0.13
Net Debt to EBITDA	-3.98	-5.44	-5.84	1.42	-16.01	-1.79	-1.72	-1.12
Long-Term Debt to EBITDA	2.37	1.98	1.32	9.36	1.11	0.29	0.19	0.13
Debt to NOPAT	6.17	3.46	1.78	12.70	1.96	1.17	1.07	1.06
Net Debt to NOPAT	-10.34	-9.51	-7.90	1.93	-28.15	-7.25	-9.77	-8.95
Long-Term Debt to NOPAT	6.17	3.46	1.78	12.70	1.96	1.17	1.07	1.06
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-34	8.17	-170	105	3.64	-7.05	-99
Operating Cash Flow to CapEx	720.62%	1,253.44%	1,127.04%	360.10%	0.00%	2,364.27%	3,067.09%	2,624.10%
Free Cash Flow to Firm to Interest Expense	0.00	-8.60	1.24	-30.01	28.91	0.18	-0.08	-0.80
Operating Cash Flow to Interest Expense	2.65	3.67	2.08	3.42	8.19	3.29	2.09	2.10
Operating Cash Flow Less CapEx to Interest Expense	2.28	3.38	1.89	2.47	8.60	3.15	2.02	2.02
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.05	0.05	0.05	0.05	0.05	0.14	0.18	0.22
Fixed Asset Turnover	2.78	3.34	3.83	4.34	6.94	22.99	31.23	35.54
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	99	143	148	333	254	291	343	487
Invested Capital Turnover	0.37	0.36	0.35	0.27	0.41	1.49	1.99	2.12
Increase / (Decrease) in Invested Capital	0.00	43	5.03	185	-78	37	52	144
Enterprise Value (EV)	-15	89	92	280	-152	321	155	745
Market Capitalization	41	181	196	251	608	616	591	1,150
Book Value per Share	$7.12	$9.18	$10.42	$11.73	$16.75	$18.79	$22.17	$32.39
Tangible Book Value per Share	$7.12	$9.18	$10.42	$11.73	$16.75	$18.79	$22.17	$32.39
Total Capital	99	143	148	333	254	291	343	487
Total Debt	34	34	24	192	53	48	48	48
Total Long-Term Debt	34	34	24	192	53	48	48	48
Net Debt	-56	-92	-104	29	-760	-295	-435	-405
Capital Expenditures (CapEx)	1.06	1.15	1.21	5.37	-1.50	2.84	6.25	9.90
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	34	34	24	192	53	48	48	48
Total Depreciation and Amortization (D&A)	0.99	1.05	1.18	1.40	1.62	1.76	2.30	4.56
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.59	$0.93	$1.11	$1.27	$2.25	$3.14	$3.36	$3.35
Adjusted Weighted Average Basic Shares Outstanding	9.23M	10.44M	11.90M	11.92M	12.02M	12.95M	13.26M	13.51M
Adjusted Diluted Earnings per Share	$0.59	$0.91	$1.08	$1.24	$2.16	$3.01	$3.27	$3.26
Adjusted Weighted Average Diluted Shares Outstanding	9.24M	10.61M	12.20M	12.21M	12.52M	13.51M	13.64M	13.88M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	11.90M	11.93M	11.98M	12.92M	13.22M	13.38M	15.01M
Normalized Net Operating Profit after Tax (NOPAT)	5.44	9.70	13	15	27	41	45	45
Normalized NOPAT Margin	14.91%	22.07%	26.26%	23.10%	22.69%	9.98%	7.08%	5.14%
Pre Tax Income Margin	27.68%	27.85%	33.15%	29.19%	28.88%	12.43%	9.08%	6.51%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.57	4.06	2.53	3.39	12.58	8.00	2.74	2.88
NOPAT to Interest Expense	1.89	2.47	2.01	2.68	7.41	1.99	0.49	0.37
EBIT Less CapEx to Interest Expense	4.20	3.76	2.35	2.44	12.99	7.86	2.67	2.80
NOPAT Less CapEx to Interest Expense	1.52	2.18	1.82	1.73	7.82	1.85	0.42	0.29
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Coastal Financial's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	385.08%	153.49%	111.34%	99.57%	11.32%	31.69%	53.88%	16.00%	78.26%	23.10%	-13.57%
EBITDA Growth	495.05%	195.26%	306.64%	99.08%	-2.15%	8.79%	48.28%	16.30%	107.75%	21.26%	-20.28%
EBIT Growth	517.93%	198.88%	314.57%	99.96%	-2.43%	8.41%	47.95%	15.58%	107.95%	20.55%	-21.20%
NOPAT Growth	66.08%	79.95%	98.89%	26.83%	-7.49%	-31.30%	-45.12%	-10.15%	31.02%	48.32%	43.09%
Net Income Growth	24.86%	158.08%	98.89%	26.83%	-7.49%	-31.30%	-45.12%	-10.15%	31.02%	48.32%	43.09%
EPS Growth	51.85%	70.18%	97.83%	25.00%	-8.54%	-31.96%	-45.05%	-11.58%	29.33%	43.94%	26.00%
Operating Cash Flow Growth	70.19%	281.99%	484.20%	168.78%	207.00%	80.68%	21.73%	110.39%	-2.70%	36.79%	26.28%
Free Cash Flow Firm Growth	-118.70%	-127.85%	-150.92%	-44.79%	-106.21%	-78.56%	34.17%	47.31%	47.59%	-206.22%	-256.75%
Invested Capital Growth	19.97%	14.56%	29.93%	30.44%	29.41%	17.74%	14.72%	13.79%	14.34%	41.98%	41.64%
Revenue Q/Q Growth	31.55%	13.85%	11.39%	16.55%	-26.62%	34.69%	33.59%	-12.25%	12.76%	-6.99%	-6.20%
EBITDA Q/Q Growth	29.33%	41.68%	-7.61%	14.59%	-36.44%	57.54%	29.22%	-10.86%	13.54%	-8.05%	-15.04%
EBIT Q/Q Growth	29.42%	42.16%	-7.66%	14.66%	-36.85%	57.95%	29.35%	-11.17%	13.62%	-8.43%	-15.44%
NOPAT Q/Q Growth	9.09%	18.17%	-5.54%	4.16%	-20.42%	-12.25%	-24.55%	70.53%	16.04%	-0.66%	-27.21%
Net Income Q/Q Growth	9.09%	18.17%	-5.54%	4.16%	-20.42%	-12.25%	-24.55%	70.53%	16.04%	-0.66%	-27.21%
EPS Q/Q Growth	7.89%	18.29%	-6.19%	4.40%	-21.05%	-12.00%	-24.24%	68.00%	15.48%	-2.06%	-33.68%
Operating Cash Flow Q/Q Growth	65.33%	18.21%	85.97%	-26.05%	88.84%	-30.43%	25.30%	17.21%	-12.67%	-2.19%	15.67%
Free Cash Flow Firm Q/Q Growth	25.96%	24.52%	-143.75%	-6.30%	-5.45%	34.64%	10.14%	14.91%	-4.88%	-281.87%	-4.69%
Invested Capital Q/Q Growth	4.52%	13.41%	5.26%	4.55%	3.69%	3.18%	2.56%	3.71%	4.19%	28.12%	2.31%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	40.43%	50.31%	41.72%	41.02%	35.53%	41.56%	40.20%	41.13%	41.41%	40.94%	37.08%
EBIT Margin	40.01%	49.96%	41.42%	40.74%	35.07%	41.12%	39.82%	40.60%	40.91%	40.27%	36.31%
Profit (Net Income) Margin	9.58%	9.94%	8.22%	7.34%	7.96%	5.19%	2.93%	5.69%	5.85%	6.25%	4.85%
Tax Burden Percent	78.93%	84.39%	80.26%	76.90%	78.67%	75.99%	78.03%	77.20%	82.14%	77.72%	82.67%
Interest Burden Percent	30.34%	23.59%	24.72%	23.43%	28.86%	16.60%	9.43%	18.15%	17.42%	19.97%	16.16%
Effective Tax Rate	21.07%	15.61%	19.74%	23.10%	21.33%	24.01%	21.97%	22.80%	17.86%	22.28%	17.33%
Return on Invested Capital (ROIC)	13.33%	14.86%	14.85%	15.00%	15.98%	10.30%	6.33%	12.49%	14.03%	13.27%	9.69%
ROIC Less NNEP Spread (ROIC-NNEP)	13.33%	14.86%	14.85%	15.00%	15.98%	10.30%	6.33%	12.49%	14.03%	13.27%	9.69%
Return on Net Nonoperating Assets (RNNOA)	2.76%	3.36%	2.40%	2.31%	2.36%	1.82%	1.07%	2.02%	2.17%	1.73%	1.23%
Return on Equity (ROE)	16.09%	18.21%	17.26%	17.31%	18.34%	12.13%	7.40%	14.52%	16.20%	15.00%	10.92%
Cash Return on Invested Capital (CROIC)	-3.37%	1.34%	-8.77%	-8.92%	-9.10%	-2.23%	-1.86%	-1.90%	-1.90%	-23.79%	-23.13%
Operating Return on Assets (OROA)	4.69%	7.04%	6.46%	7.24%	6.08%	7.51%	7.74%	8.15%	9.01%	9.01%	7.51%
Return on Assets (ROA)	1.12%	1.40%	1.28%	1.30%	1.38%	0.95%	0.57%	1.14%	1.29%	1.40%	1.00%
Return on Common Equity (ROCE)	16.09%	18.21%	17.26%	17.33%	18.34%	12.13%	7.40%	14.52%	16.20%	15.00%	10.92%
Return on Equity Simple (ROE_SIMPLE)	14.25%	0.00%	18.08%	18.16%	17.12%	0.00%	12.84%	11.90%	12.31%	0.00%	10.70%
Net Operating Profit after Tax (NOPAT)	11	13	12	13	10	9.01	6.80	12	13	13	9.73
NOPAT Margin	9.58%	9.94%	8.22%	7.34%	7.96%	5.19%	2.93%	5.69%	5.85%	6.25%	4.85%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	14.21%	10.86%	11.70%	10.46%	15.93%	8.67%	8.46%	9.59%	8.82%	6.67%	11.33%
Operating Expenses to Revenue	44.09%	34.39%	29.61%	29.53%	43.80%	23.89%	24.35%	28.84%	28.54%	30.80%	35.89%
Earnings before Interest and Taxes (EBIT)	46	66	62	72	45	71	92	83	94	86	73
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	47	66	63	72	46	72	93	84	95	88	74
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.25	2.53	1.84	1.83	2.01	2.00	1.71	1.96	2.19	2.62	3.02
Price to Tangible Book Value (P/TBV)	2.25	2.53	1.84	1.83	2.01	2.00	1.71	1.96	2.19	2.62	3.02
Price to Revenue (P/Rev)	1.57	1.51	0.97	0.87	0.97	0.94	0.73	0.82	0.85	1.31	1.60
Price to Earnings (P/E)	9.13	8.76	4.83	3.88	4.39	3.90	2.97	3.52	3.36	5.33	7.18
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	10.95%	11.41%	20.70%	25.80%	22.78%	25.61%	33.69%	28.41%	29.73%	18.75%	13.92%
Enterprise Value to Invested Capital (EV/IC)	0.51	1.10	0.42	0.85	0.43	0.45	0.15	0.49	0.76	1.53	1.57
Enterprise Value to Revenue (EV/Rev)	0.40	0.79	0.26	0.47	0.24	0.25	0.07	0.24	0.34	0.85	0.92
Enterprise Value to EBITDA (EV/EBITDA)	1.09	1.95	0.61	1.09	0.58	0.61	0.19	0.60	0.83	2.07	2.28
Enterprise Value to EBIT (EV/EBIT)	1.11	1.97	0.61	1.10	0.58	0.62	0.19	0.61	0.84	2.09	2.32
Enterprise Value to NOPAT (EV/NOPAT)	3.79	7.91	2.77	5.51	2.95	3.49	1.35	4.77	7.10	16.48	16.21
Enterprise Value to Operating Cash Flow (EV/OCF)	2.71	4.79	1.23	2.14	0.84	0.81	0.26	0.72	1.17	2.87	2.84
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	88.32	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.12	0.20	0.18	0.17	0.17	0.16	0.16	0.15	0.14	0.11	0.11
Long-Term Debt to Equity	0.12	0.20	0.18	0.17	0.17	0.16	0.16	0.15	0.14	0.11	0.11
Financial Leverage	0.21	0.23	0.16	0.15	0.15	0.18	0.17	0.16	0.16	0.13	0.13
Leverage Ratio	14.33	13.00	13.47	13.27	13.27	12.80	13.01	12.72	12.56	10.73	10.89
Compound Leverage Factor	4.35	3.07	3.33	3.11	3.83	2.13	1.23	2.31	2.19	2.14	1.76
Debt to Total Capital	10.88%	16.35%	15.54%	14.88%	14.36%	13.93%	13.59%	13.12%	12.60%	9.84%	9.63%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	10.88%	16.35%	15.54%	14.88%	14.36%	13.93%	13.59%	13.12%	12.60%	9.84%	9.63%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	89.12%	83.65%	84.46%	85.12%	85.64%	86.07%	86.41%	86.88%	87.40%	90.16%	90.37%
Debt to EBITDA	0.23	0.29	0.22	0.19	0.19	0.19	0.17	0.16	0.14	0.13	0.14
Net Debt to EBITDA	-3.16	-1.79	-1.62	-0.91	-1.72	-1.72	-1.65	-1.47	-1.25	-1.12	-1.69
Long-Term Debt to EBITDA	0.23	0.29	0.22	0.19	0.19	0.19	0.17	0.16	0.14	0.13	0.14
Debt to NOPAT	0.80	1.17	1.02	0.96	0.98	1.07	1.23	1.27	1.17	1.06	1.00
Net Debt to NOPAT	-11.00	-7.25	-7.40	-4.59	-8.78	-9.77	-11.99	-11.66	-10.67	-8.95	-11.97
Long-Term Debt to NOPAT	0.80	1.17	1.02	0.96	0.98	1.07	1.23	1.27	1.17	1.06	1.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	-0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-32	-24	-58	-62	-65	-43	-38	-33	-34	-131	-137
Operating Cash Flow to CapEx	7,314.48%	11,554.84%	16,419.37%	2,489.82%	2,898.13%	1,945.21%	3,178.28%	2,767.01%	2,570.47%	2,047.34%	2,595.37%
Free Cash Flow to Firm to Interest Expense	-5.28	-2.06	-3.72	-2.90	-2.50	-1.49	-1.30	-1.04	-1.04	-4.34	-4.74
Operating Cash Flow to Interest Expense	3.54	2.16	2.99	1.62	2.49	1.58	1.92	2.32	1.93	2.06	2.49
Operating Cash Flow Less CapEx to Interest Expense	3.49	2.14	2.97	1.55	2.41	1.50	1.86	2.24	1.85	1.96	2.39
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.12	0.14	0.16	0.18	0.17	0.18	0.19	0.20	0.22	0.22	0.21
Fixed Asset Turnover	18.34	22.99	27.11	30.76	30.30	31.23	34.64	34.64	36.80	35.54	32.87
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	257	291	306	320	332	343	351	365	380	487	498
Invested Capital Turnover	1.39	1.49	1.81	2.04	2.01	1.99	2.16	2.20	2.40	2.12	2.00
Increase / (Decrease) in Invested Capital	43	37	71	75	75	52	45	44	48	144	146
Enterprise Value (EV)	132	321	130	273	144	155	53	180	290	745	780
Market Capitalization	515	616	476	500	571	591	520	619	727	1,150	1,357
Book Value per Share	$17.66	$18.79	$19.58	$20.53	$21.38	$22.17	$22.69	$23.60	$24.67	$32.39	$29.98
Tangible Book Value per Share	$17.66	$18.79	$19.58	$20.53	$21.38	$22.17	$22.69	$23.60	$24.67	$32.39	$29.98
Total Capital	257	291	306	320	332	343	351	365	380	487	498
Total Debt	28	48	48	48	48	48	48	48	48	48	48
Total Long-Term Debt	28	48	48	48	48	48	48	48	48	48	48
Net Debt	-383	-295	-346	-227	-427	-435	-467	-439	-436	-405	-576
Capital Expenditures (CapEx)	0.29	0.22	0.28	1.39	2.25	2.33	1.79	2.62	2.47	3.03	2.76
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	28	48	48	48	48	48	48	48	48	48	48
Total Depreciation and Amortization (D&A)	0.49	0.47	0.46	0.48	0.60	0.76	0.89	1.08	1.16	1.43	1.56
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.86	$1.01	$0.94	$0.97	$0.77	$0.68	$0.51	$0.86	$1.00	$0.98	$0.65
Adjusted Weighted Average Basic Shares Outstanding	12.94M	12.95M	13.20M	13.28M	13.29M	13.26M	13.34M	13.41M	13.45M	13.51M	14.96M
Adjusted Diluted Earnings per Share	$0.82	$0.97	$0.91	$0.95	$0.75	$0.66	$0.50	$0.84	$0.97	$0.95	$0.63
Adjusted Weighted Average Diluted Shares Outstanding	13.54M	13.51M	13.61M	13.60M	13.68M	13.64M	13.68M	13.74M	13.82M	13.88M	15.46M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	12.96M	13.22M	13.28M	13.30M	13.30M	13.38M	13.42M	13.46M	13.54M	15.01M	15.03M
Normalized Net Operating Profit after Tax (NOPAT)	11	13	12	13	10	9.01	6.80	12	13	13	9.73
Normalized NOPAT Margin	9.58%	9.94%	8.22%	7.34%	7.96%	5.19%	2.93%	5.69%	5.85%	6.25%	4.85%
Pre Tax Income Margin	12.14%	11.78%	10.24%	9.55%	10.12%	6.83%	3.76%	7.37%	7.12%	8.04%	5.87%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7.74	5.68	4.00	3.36	1.73	2.50	3.13	2.65	2.86	2.86	2.52
NOPAT to Interest Expense	1.85	1.13	0.79	0.60	0.39	0.32	0.23	0.37	0.41	0.44	0.34
EBIT Less CapEx to Interest Expense	7.69	5.66	3.98	3.29	1.65	2.42	3.07	2.57	2.78	2.76	2.43
NOPAT Less CapEx to Interest Expense	1.80	1.11	0.78	0.54	0.31	0.23	0.17	0.29	0.33	0.34	0.24
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Key Financial Trends

Coastal Financial (NASDAQ: CCB) has shown a steady growth trend in its financial performance over the last four years, with some fluctuations influenced by credit loss provisions and operating expenses.

Key positive trends:

Net Interest Income increased from $54.5 million in Q1 2023 to $76.1 million in Q1 2025, indicating improved earnings from loans and deposits.
Total revenue rose from $150.8 million in Q1 2023 to $200.6 million in Q1 2025, reflecting growth in both interest and non-interest income streams.
Net income from continuing operations grew from approximately $39.9 million in Q1 2023 to $37.0 million in Q1 2025, showing resilience in profitability despite higher provisions.
Total assets expanded from approximately $3.45 billion in Q1 2023 to $4.34 billion in Q1 2025, demonstrating asset base growth supporting the company's lending and investment capabilities.
Equity increased from about $259 million in Q1 2023 to nearly $450 million in Q1 2025, strengthening the company's capital position.

Neutral observations:

Provisions for credit losses fluctuated significantly, peaking at $83.2 million in Q1 2024 and moderating to $55.8 million by Q1 2025, suggesting changing credit risk views.
Operating expenses also fluctuated, with other operating expenses ranging around $63.5 million in Q1 2024 to $83.0 million in Q1 2025, impacting operating leverage.
Cash flows from operating activities generally remained strong, exceeding net income, with $71.7 million in Q1 2025, signaling healthy cash generation.
Cash and due from banks increased to $43.5 million in Q1 2025 from around $33 million in Q1 2024, reflecting sound liquidity management.

Areas of concern:

Provision for credit losses remains a large expense, affecting net income and signaling ongoing credit quality challenges.
Non-interest income in some quarters shows volatility, especially 'Other Non-Interest Income' and capital gains, which could pose unpredictability in earnings.
Long-term debt interest expense has remained stable but still contributes to overall interest expense, which grew from approximately $15.6 million in Q1 2023 to $28.8 million in Q1 2025, potentially compressing margins if interest cost rises.

Overall, Coastal Financial demonstrates solid growth in core banking operations, expanding assets, and equity with improving net interest income. However, elevated and fluctuating credit loss provisions and operating expenses require close monitoring as they impact profitability. The company’s strong cash flow position and increasing capital base provide financial flexibility for future expansion and risk management.

08/24/25 03:13 PMAI Generated. May Contain Errors.

Frequently Asked Questions About Coastal Financial's Financials

When does Coastal Financial's financial year end?

According to the most recent income statement we have on file, Coastal Financial's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Coastal Financial's net income changed over the last 7 years?

Coastal Financial's net income appears to be on an upward trend, with a most recent value of $45.22 million in 2024, rising from $5.44 million in 2017. The previous period was $44.58 million in 2023. Check out Coastal Financial's forecast to explore projected trends and price targets.

How has Coastal Financial's revenue changed over the last 7 years?

Over the last 7 years, Coastal Financial's total revenue changed from $36.45 million in 2017 to $880.08 million in 2024, a change of 2,314.6%.

How much debt does Coastal Financial have?

Coastal Financial's total liabilities were at $3.68 billion at the end of 2024, a 6.6% increase from 2023, and a 397.6% increase since 2017.

How much cash does Coastal Financial have?

In the past 7 years, Coastal Financial's cash and equivalents has ranged from $13.79 million in 2017 to $36.53 million in 2024, and is currently $36.53 million as of their latest financial filing in 2024.

How has Coastal Financial's book value per share changed over the last 7 years?

Over the last 7 years, Coastal Financial's book value per share changed from 7.12 in 2017 to 32.39 in 2024, a change of 355.2%.

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This page (NASDAQ:CCB) was last updated on 8/24/2025 by MarketBeat.com Staff

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Coastal Financial (CCB) Financials

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Coastal Financial (CCB) Financials

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