Latest Annual Report
Filed: 2026-02-27
Key Insights
- Coastal Financial Corporation reported a decrease in total assets from 2024 to 2025, which could indicate operational challenges or strategic shifts.
- The company's subordinated debt and junior subordinated debt levels increased from 2024 to 2025, potentially signaling a higher debt burden and risk profile.
- Coastal Financial's revenue streams from its BaaS (Banking-as-a-Service) program, including fees and reimbursements, appear to be a significant portion of its overall revenue, suggesting reliance on this business line.