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Coastal Financial CCB CCBX — Provision for Credit Losses

Other segment segments

Community Bank
-$2.31M-970%
Treasury & Administration
$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:ProvisionForLoanLeaseAndOtherLosses.

The source filing: Coastal Financial’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 11:01 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001437958-26-000061
Line itemThree months ended June 30, 2026 / Community BankThree months ended June 30, 2026 / CCBXThree months ended June 30, 2026 / Treasury & AdministrationThree months ended June 30, 2026 / ConsolidatedThree months ended June 30, 2025 / Community BankThree months ended June 30, 2025 / CCBXThree months ended June 30, 2025 / Treasury & AdministrationThree months ended June 30, 2025 / Consolidated
Interest (expense) income intrabank transfer(3,931)5,962(2,031)(3,792)7,825(4,033)
Interest expense5,65722,3861,14429,1876,78323,61766031,060
Net interest income22,92962,1564,28289,36720,02852,4724,23776,737
Provision/(Recapture) for credit losses(2,311)94,46892,157(216)32,42732,211
Net interest income/(expense) after provision for credit losses on loans and unfunded commitments25,240(32,312)4,282(2,790)20,24420,0454,23744,526
NONINTEREST INCOME
Deposit service charges and fees1,045(29)1,016913913
Other income15521466642174(117)57

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Coastal Financial's CCBX — provision for credit losses?
Coastal Financial (CCB) reported CCBX — provision for credit losses of $94.47M in Q2 2026.
How has Coastal Financial's CCBX — provision for credit losses changed year-over-year?
Coastal Financial's CCBX — provision for credit losses increased by 191.3% year-over-year, from $32.43M to $94.47M.
What is the long-term trend for Coastal Financial's CCBX — provision for credit losses?
Over 2 years (2023 to 2025), Coastal Financial's CCBX — provision for credit losses has grown at a 2.8% compound annual growth rate (CAGR), from $182.88M to $193.14M.
What does CCBX — provision for credit losses mean?
This represents the expense set aside by the CCBX segment to cover anticipated losses from loan defaults or uncollectible receivables. It reflects the credit risk profile of the segment's lending portfolio and management's outlook on borrower repayment capabilities.

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