Q2 2026 saw a $42.1 million net loss due to a $68.8 million charge from a single partner's loan portfolio, but core business metrics were strong, with record net interest income, loan growth, and BaaS fee income. Management is focused on expense control, profitability, and disciplined growth.Based…
Coastal Financial appointed Joel Edwards as Interim Chief Financial Officer effective August 15, 2026, as Brandon Soto will step down as Executive Vice President and Chief Financial Officer to become CEO of a banking subsidiary.Original SEC Filing: COASTAL FINANCIAL CORP [ CCB ] - 8-K - Jul. 22, 20…
Brandon Soto to Assume CEO Position at Another Financial Institution; Longtime Coastal CFO Joel Edwards Appointed Interim CFOCompany to Commence Search for Permanent Chief Financial OfficerEVERETT, Wash., July 22, 2026 (GLOBE NEWSWIRE) -- Coastal Financial Corporation NASDAQ:CCB (the “Company”), an…
