​
​

Coastal Financial (CCB) Revenue & Revenue Breakdown

OverviewOwnershipFinancialsChart

Coastal Financial Revenue Highlights

Latest Revenue (Y)

$330.37M

Latest Revenue (Q)

$185.15M

Main Segment (Y)

C C B X Segment

Coastal Financial Revenue by Period

Coastal Financial Revenue by Year

DateRevenueChange
2023-12-31$330.37M54.67%
2022-12-31$213.59M109.79%
2021-12-31$101.81M55.28%
2020-12-31$65.57M30.43%
2019-12-31$50.27M24.79%
2018-12-31$40.28M20.64%
2017-12-31$33.39M8.02%
2016-12-31$30.91M41.98%
2014-12-31$21.77M23.58%
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

DateRevenueChange
2024-09-30$185.15M10.60%
2024-06-30$167.40M-5.65%
2024-03-31$177.41M101.05%
2023-12-31$88.24M24.36%
2023-09-30$70.95M-27.13%
2023-06-30$97.38M15.59%
2023-03-31$84.25M16.66%
2022-12-31$72.21M28.24%
2022-09-30$56.31M20.65%
2022-06-30$46.67M21.57%
2022-03-31$38.39M8.62%
2021-12-31$35.35M45.91%
2021-09-30$24.22M9.46%
2021-06-30$22.13M9.03%
2021-03-31$20.30M6.94%
2020-12-31$18.98M11.41%
2020-09-30$17.04M9.83%
2020-06-30$15.51M10.53%
2020-03-31$14.04M4.82%
2019-12-31$13.39M4.49%
2019-09-30$12.81M4.03%
2019-06-30$12.32M4.83%
2019-03-31$11.75M2.28%
2018-12-31$11.49M10.53%
2018-09-30$10.39M9.23%
2018-06-30$9.52M7.10%
2018-03-31$8.88M2.04%
2017-12-31$8.71M-0.32%
2017-09-30$8.73M5.96%
2017-06-30$8.24M6.98%
2017-03-31$7.71M-

Coastal Financial generated $185.15M in revenue during Q3 2024, up 10.60% compared to the previous quarter, and up 190.14% compared to the same period a year ago.

Coastal Financial Revenue Breakdown

Coastal Financial Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 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/ServiceDec 23Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 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

TickerCompanyLast Year RevenueLast Quarter Revenue
CFBCrossFirst Bankshares$455.32M$134.39M
CNOBConnectOne Bancorp$373.75M$134.98M
CCBCoastal Financial$330.37M$185.15M
ORRFOrrstown Financial Services$176.01M$95.37M
PKBKParke Bancorp$118.56M$32.84M
FNWBFirst Northwest Bancorp$104.92M$28.21M
FNWDFinward Bancorp$96.53M$22.47M
FBIZFirst Business Financial Services$89.23M$50.94M
FFNWFirst Financial Northwest$80.93M$20.09M
OPOFOld Point Financial$80.28M$21.99M
RBKBRhinebeck Bancorp$66.39M$6.01M
CWBCCommunity West Bancshares$61.39M$27.26M
AFBIAffinity Bancshares$45.17M$12.87M
HMNFHMN Financial$43.48M$14.79M
LSBKLake Shore Bancorp$36.39M$9.64M
HFBLHome Federal Bancorp, Inc. of Louisiana$33.45M$8.04M
HVBCHV Bancorp$25.74M$6.58M
OFEDOconee Federal Financial$16.61M$3.21M
FCCOFirst Community$10.42M$26.72M

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 Q3 2024 was $185.14M, a 10.60% increase from the previous quarter (Q2 2024), and a 160.93% increase year-over-year (Q3 2023). The company'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). CCB'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).

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.