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Coastal Financial CCB Servicing and other BaaS fees — Noninterest income

Other product segments

BaaS credit enhancements
$70.73M+126%
Total Noninterest Income Subject to Topic 606
$34.34M+39.2%
Transaction and interchange fees
$6.84M+33.8%
BaaS fraud enhancements
$4.31M+53.8%
Reimbursement of expenses
$2.26M+250%
Other income
$1.29M+85.8%
Other
$1.05M-0.3%
Merchant service fees
$495K+1.6%
Overdraft fees
$207K+4.5%
Loan referral fees
$0-100%

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$5.3M+45.5%
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CBNKCredit card fees — Noninterest income
$4.4M+2.3%
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$19.98M+19.1%
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BUSECard services and ATM fees — Noninterest income
$4.81M-1.4%
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UVSPTrust fee income — Noninterest income
$2.28M+6.4%

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$671.28M-53.3%
Enterprise value-$332.65M-146%
P/S1.1×-1.5×

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:RevenueFromContractWithCustomerIncludingAssessedTax.

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, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Unrealized gain (loss) on equity securities, net(25)(439)101(423)
Other income6674961,0771,178
Noninterest income, excluding BaaS program income and BaaS indemnification income1,6589703,0442,528
Servicing and other BaaS fees2,9171,8965,5403,315
Transaction and interchange fees6,8365,10912,7098,942
Reimbursement of expenses2,2596464,6511,672
BaaS program income12,0127,65122,90013,929
BaaS credit enhancements70,72531,268121,46984,916

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Coastal Financial's servicing and other baas fees — noninterest income?
Coastal Financial (CCB) reported servicing and other baas fees — noninterest income of $2.92M in Q2 2026.
How has Coastal Financial's servicing and other baas fees — noninterest income changed year-over-year?
Coastal Financial's servicing and other baas fees — noninterest income increased by 53.9% year-over-year, from $1.9M to $2.92M.
What is the long-term trend for Coastal Financial's servicing and other baas fees — noninterest income?
Over 4 years (2021 to 2025), Coastal Financial's servicing and other baas fees — noninterest income has grown at a 8.2% compound annual growth rate (CAGR), from $4.49M to $6.15M.
What does servicing and other baas fees — noninterest income mean?
This metric represents the total noninterest income generated from Banking-as-a-Service (BaaS) arrangements and related servicing activities. It captures fees earned by providing financial infrastructure, platform access, or administrative services to third-party partners. This revenue stream is a key indicator of the company's ability to monetize its banking technology and operational capabilities beyond traditional interest-based lending.

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