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Coastal Financial CCB Provision for Credit Losses

Discontinued — last reported Q2 '26

Provision for Credit Losses at other companies

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$3.59M-12.2%

Segments

By segment

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CCBX$94.47M+191%
Community Bank-$2.31M-970%
Treasury & Administration$0

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, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Interest on borrowed funds1,1446601,7981,320
Total interest expense29,18731,06057,51159,905
Net interest income89,36776,737172,724152,799
PROVISION FOR CREDIT LOSSES92,15732,211143,55587,992
Net interest income (expense) after provision for credit losses(2,790)44,52629,16964,807
NONINTEREST INCOME
Service charges and fees1,0169131,8661,773
Unrealized gain (loss) on equity securities, net(25)(439)101(423)

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Coastal Financial's provision for credit losses?
Coastal Financial (CCB) reported provision for credit losses of $92.16M in Q2 2026.
How has Coastal Financial's provision for credit losses changed year-over-year?
Coastal Financial's provision for credit losses increased by 186.1% year-over-year, from $32.21M to $92.16M.
What is the long-term trend for Coastal Financial's provision for credit losses?
Over 2 years (2021 to 2023), Coastal Financial's provision for credit losses has grown at a 316.6% compound annual growth rate (CAGR), from $10.6M to $183.99M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

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