Coastal Financial (CCB) Revenue & Revenue Breakdown
Coastal Financial Revenue Highlights
Latest Revenue (Y)
$330.37M
Latest Revenue (Q)
$167.40M
Main Segment (Y)
C C B X Segment
Coastal Financial Revenue by Period
Coastal Financial Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $330.37M | 54.67% |
| 2022-12-31 | $213.59M | 109.79% |
| 2021-12-31 | $101.81M | 55.28% |
| 2020-12-31 | $65.57M | 30.43% |
| 2019-12-31 | $50.27M | 24.79% |
| 2018-12-31 | $40.28M | 20.64% |
| 2017-12-31 | $33.39M | 8.02% |
| 2016-12-31 | $30.91M | 41.98% |
| 2014-12-31 | $21.77M | 23.58% |
| 2013-12-31 | $17.62M | - |
Coastal Financial generated $330.37M in revenue during NA 2023, up 54.67% compared to the previous quarter, and up 820.10% compared to the same period a year ago.
Coastal Financial Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $167.40M | -5.65% |
| 2024-03-31 | $177.41M | 101.05% |
| 2023-12-31 | $88.24M | 24.36% |
| 2023-09-30 | $70.95M | -27.13% |
| 2023-06-30 | $97.38M | 15.59% |
| 2023-03-31 | $84.25M | 16.66% |
| 2022-12-31 | $72.21M | 28.24% |
| 2022-09-30 | $56.31M | 20.65% |
| 2022-06-30 | $46.67M | 21.57% |
| 2022-03-31 | $38.39M | 8.62% |
| 2021-12-31 | $35.35M | 45.91% |
| 2021-09-30 | $24.22M | 9.46% |
| 2021-06-30 | $22.13M | 9.03% |
| 2021-03-31 | $20.30M | 6.94% |
| 2020-12-31 | $18.98M | 11.41% |
| 2020-09-30 | $17.04M | 9.83% |
| 2020-06-30 | $15.51M | 10.53% |
| 2020-03-31 | $14.04M | 4.82% |
| 2019-12-31 | $13.39M | 4.49% |
| 2019-09-30 | $12.81M | 4.03% |
| 2019-06-30 | $12.32M | 4.83% |
| 2019-03-31 | $11.75M | 2.28% |
| 2018-12-31 | $11.49M | 10.53% |
| 2018-09-30 | $10.39M | 9.23% |
| 2018-06-30 | $9.52M | 7.10% |
| 2018-03-31 | $8.88M | 2.04% |
| 2017-12-31 | $8.71M | -0.32% |
| 2017-09-30 | $8.73M | 5.96% |
| 2017-06-30 | $8.24M | 6.98% |
| 2017-03-31 | $7.71M | - |
Coastal Financial generated $167.40M in revenue during Q2 2024, up -5.65% compared to the previous quarter, and up 198.70% compared to the same period a year ago.
Coastal Financial Revenue Breakdown
Coastal Financial Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Community Bank Segment | - | - | - | - | - |
| C C B X Segment | $184.93M | - | - | - | - |
| Lease And Sublease Income | - | $157.00K | $126.00K | $122.00K | $58.00K |
| Deposit Account Other | - | $931.00K | $855.00K | $778.00K | $780.00K |
| Deposit Account Overdraft Fees | - | $310.00K | $316.00K | $334.00K | $479.00K |
| Financial Service, Other | - | $346.00K | - | - | - |
| Loan Referral Fees | - | $810.00K | $2.13M | $1.73M | $1.44M |
| Mortgage Banking | - | $257.00K | $920.00K | $655.00K | $447.00K |
| Merchant Service Fees | - | $508.00K | $568.00K | $478.00K | $494.00K |
| Earnings On Life Insurance | - | $361.00K | $172.00K | $200.00K | $194.00K |
| Gain Loss On Equity Investment | - | $-153.00K | $1.47M | - | - |
| Gain On Sale Of Branch | - | - | $1.26M | - | - |
| Loan Servicing Fees | - | $223.00K | $248.00K | $140.00K | $70.00K |
| Gain On Sale Of Loan | - | - | $396.00K | $82.00K | $490.00K |
| Deposit Account | - | - | $3.70M | - | - |
| Financial Service Other | - | - | $393.00K | $201.00K | $223.00K |
| Financial Service | - | - | $2.13M | - | - |
| Baa S Fees | - | - | $17.31M | $2.37M | $2.06M |
| Impairment On Equity Investment | - | - | - | $-400.00K | - |
| Interchange Income | - | - | - | $1.50M | $1.35M |
| Gain On Sale Of Securities | - | - | - | - | $171.00K |
Coastal Financial's latest annual revenue breakdown by segment (product or service), as of Dec 23: C C B X Segment (100.00%).
Quarterly Revenue by Product
| Product/Service | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| C C B X Segment | $151.53M | $25.90M | $3.90M | $3.60M | $3.60M | $6.50M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deposit Account | - | - | - | - | - | - | $884.00K | $930.00K | $956.00K | $949.00K | $863.00K | $867.00K | $824.00K | $677.00K | $723.00K | $805.00K | $795.00K | $781.00K | $726.00K | $803.00K |
| Mortgage Banking | - | - | - | - | - | - | $123.00K | $218.00K | $187.00K | $253.00K | $262.00K | $216.00K | $125.00K | $152.00K | $162.00K | $111.00K | $140.00K | $111.00K | $85.00K | $57.00K |
| Baa S Fees | - | - | - | - | - | - | $20.11M | $12.65M | $2.29M | $1.42M | $948.00K | - | - | - | - | - | - | - | - | - |
| Financial Service | - | - | - | - | - | - | $602.00K | - | $723.00K | $806.00K | $597.00K | $423.00K | $180.00K | $70.00K | $1.05M | $332.00K | - | $473.00K | $633.00K | $165.00K |
| B A A S | - | - | - | - | - | - | - | - | - | - | - | - | $576.00K | $475.00K | $579.00K | - | - | - | - | - |
| Bank Servicing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $456.00K | $502.00K | $446.00K | $339.00K |
Coastal Financial's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: C C B X Segment (100.00%).
Coastal Financial Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CFB | CrossFirst Bankshares | $455.32M | $128.69M |
| CNOB | ConnectOne Bancorp | $373.75M | $134.41M |
| CCB | Coastal Financial | $330.37M | $167.40M |
| ORRF | Orrstown Financial Services | $176.01M | $50.45M |
| PKBK | Parke Bancorp | $118.56M | $31.15M |
| FNWB | First Northwest Bancorp | $104.92M | $28.10M |
| FNWD | Finward Bancorp | $96.53M | $24.70M |
| FBIZ | First Business Financial Services | $89.23M | $50.94M |
| FFNW | First Financial Northwest | $80.93M | $20.02M |
| OPOF | Old Point Financial | $80.28M | $21.59M |
| RBKB | Rhinebeck Bancorp | $66.39M | $17.29M |
| CWBC | Community West Bancshares | $61.39M | $27.26M |
| AFBI | Affinity Bancshares | $45.17M | $12.93M |
| HMNF | HMN Financial | $43.48M | $14.79M |
| LSBK | Lake Shore Bancorp | $36.39M | $9.49M |
| HVBC | HV Bancorp | $25.74M | $6.58M |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | $23.45M | $8.40M |
| OFED | Oconee Federal Financial | $16.61M | $3.21M |
| FCCO | First Community | $10.42M | $25.48M |
CCB Revenue FAQ
What is Coastal Financial’s yearly revenue?
Coastal Financial's yearly revenue for 2023 was $330.37M, representing an increase of 54.67% compared to 2022. The company's yearly revenue for 2022 was $213.59M, representing an increase of 109.79% compared to 2021. CCB's yearly revenue for 2021 was $101.81M, representing an increase of 55.28% compared to 2020.
What is Coastal Financial’s quarterly revenue?
Coastal Financial's quarterly revenue for Q2 2024 was $167.4M, a -5.65% decrease from the previous quarter (Q1 2024), and a 71.91% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $177.41M, a 101.05% increase from the previous quarter (Q4 2023), and a 110.59% increase year-over-year (Q1 2023). CCB's quarterly revenue for Q4 2023 was $88.24M, a 24.36% increase from the previous quarter (Q3 2023), and a 22.20% increase year-over-year (Q4 2022).
What is Coastal Financial’s revenue growth rate?
Coastal Financial's revenue growth rate for the last 3 years (2021-2023) was 224.49%, and for the last 5 years (2019-2023) was 557.21%.
What are Coastal Financial’s revenue streams?
Coastal Financial's revenue streams in c 23 are C C B X Segment
What is Coastal Financial’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Coastal Financial was C C B X Segment. This segment made a revenue of $184.93M, representing 100.00% of the company's total revenue.