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Coastal Financial CCB BaaS loan and fraud expense

BaaS loan and fraud expense at other companies

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Segments

By product

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BaaS loan expense$36.94M+13.6%
BaaS fraud expense$3.06M+53.5%

Other financials

Income statement

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Revenue$149.4M+7.1%
Net income$12.0M+23.5%
EPS (diluted)$0.78+23.8%

Balance sheet

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Cash & equivalents$1.5B+140%
Total debt$4.8M-9.3%
Total equity$503.8M+12.0%
Total assets$5.7B+30.5%

Cash flow

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Operating cash flow$76.0M+6.0%
CapEx$1.8M-33.3%
Free cash flow$74.1M+7.6%

Valuation

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Market cap$1.14B-11.7%
Enterprise value-$348.99M-152%
P/E23.2×-3.7×
P/S2.1×-0.2×

Profitability

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Net margin8.9%+0.5pp
FCF margin45.6%-0.5pp

Returns & leverage

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Return on equity10.3%-2.4pp
Debt / equity0.0×

Where this comes from

Reported directly by Coastal Financial in its filing.

Tagged under the XBRL concept ck1437958:BankingServiceExpenses.

The official record: Coastal Financial’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Coastal Financial's baas loan and fraud expense?
Coastal Financial (CCB) reported baas loan and fraud expense of $40M in Q1 2026.
How has Coastal Financial's baas loan and fraud expense changed year-over-year?
Coastal Financial's baas loan and fraud expense increased by 15.9% year-over-year, from $34.5M to $40M.
What is the long-term trend for Coastal Financial's baas loan and fraud expense?
Over 4 years (2021 to 2025), Coastal Financial's baas loan and fraud expense has grown at a 135.2% compound annual growth rate (CAGR), from $4.48M to $137.1M.
What does baas loan and fraud expense mean?
This metric tracks the specific costs and losses associated with Banking-as-a-Service (BaaS) operations, including loan-related expenses and fraud losses incurred through third-party partnerships. It is a key performance indicator for banks that leverage third-party platforms to scale their lending or service offerings. High levels of these expenses may indicate operational risks or challenges in managing third-party program quality.