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Coastal Financial CCB BaaS enhancements / guarantees — Revenue not from contract with customer

Other product segments

Total Noninterest Income Not Subject to Topic 606
$197.27M-30.4%
Sweep fee income
$1.21M
Earnings on life insurance
$515K+6.0%
Gain (loss) on equity investment
-$414K-1,633%
Lease and sublease income
$180K-11.8%
Loan servicing fees
$117K-17.6%
Gain on sale of loans, net
$0

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Other financials

Income statement

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Revenue$178.1M+49.1%
Net income-$42.1M-482%
EPS (diluted)-$2.76-489%

Balance sheet

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Cash & equivalents$1.0B+40.1%
Total debt$4.5M-10.7%
Total equity$463.4M+0.4%
Total assets$5.5B+21.8%

Cash flow

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Operating cash flow$76.9M+16.4%
CapEx$2.2M+6.1%
Free cash flow$74.6M+16.7%

Valuation

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Market cap$692.83M-53.7%
Enterprise value-$311.1M-140%
P/S1.1×-1.6×

Profitability

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Net margin-0.6%-9.2pp
FCF margin42.9%-3.5pp

Returns & leverage

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Return on equity-0.8%-13.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Coastal Financial in its filing.

Tagged under the XBRL concept us-gaap:RevenueNotFromContractWithCustomer.

The source filing: Coastal Financial’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 3:40 PM EST
Fiscal year
FY2025
Accession
0001437958-26-000013
Transaction and interchange fees18,74412,8438,2635,9014,580
Reimbursement of expenses4,9522,4891,1222,4631,367
Total BaaS program income29,49120,07513,2409,4166,835
Guarantees - not within the scope of Topic 606:
BaaS credit enhancement187,653272,839177,764(85,186)95,075
BaaS fraud enhancement8,0149,8347,165(1,820)2,669
Total BaaS enhancements / indemnifications195,667282,673184,929(87,006)97,744
Total BaaS fees$$225,158$$302,748$$198,169$$(77,590)$$104,579

Item 8. Financial Statements and Supplementary Data

FAQ

What is Coastal Financial's baas enhancements / guarantees — revenue not from contract with customer?
Coastal Financial (CCB) reported baas enhancements / guarantees — revenue not from contract with customer of $56.29M in Q4 2025.
How has Coastal Financial's baas enhancements / guarantees — revenue not from contract with customer changed year-over-year?
Coastal Financial's baas enhancements / guarantees — revenue not from contract with customer decreased by 25.6% year-over-year, from $75.69M to $56.29M.
What is the long-term trend for Coastal Financial's baas enhancements / guarantees — revenue not from contract with customer?
Over 4 years (2021 to 2025), Coastal Financial's baas enhancements / guarantees — revenue not from contract with customer has grown at a 89.9% compound annual growth rate (CAGR), from $17.31M to $225.16M.
What does baas enhancements / guarantees — revenue not from contract with customer mean?
This metric represents the total revenue generated from Banking-as-a-Service (BaaS) activities that fall outside of standard customer service contracts, such as platform enhancement fees or guarantee-related income. It reflects the income stream derived from providing infrastructure, compliance, or operational support to third-party fintech partners. Monitoring this revenue helps investors assess the scale and monetization effectiveness of the company's embedded finance and partnership banking strategy.

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