Coastal Financial (CCB) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

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

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
2024-09-30	$185.15M	10.60%
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 $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/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	$134.39M
CNOB	ConnectOne Bancorp	$373.75M	$134.98M
CCB	Coastal Financial	$330.37M	$185.15M
ORRF	Orrstown Financial Services	$176.01M	$95.37M
PKBK	Parke Bancorp	$118.56M	$32.84M
FNWB	First Northwest Bancorp	$104.92M	$28.21M
FNWD	Finward Bancorp	$96.53M	$22.47M
FBIZ	First Business Financial Services	$89.23M	$50.94M
FFNW	First Financial Northwest	$80.93M	$20.09M
OPOF	Old Point Financial	$80.28M	$21.99M
RBKB	Rhinebeck Bancorp	$66.39M	$6.01M
CWBC	Community West Bancshares	$61.39M	$27.26M
AFBI	Affinity Bancshares	$45.17M	$12.87M
LSBK	Lake Shore Bancorp	$36.39M	$9.64M
HFBL	Home Federal Bancorp, Inc. of Louisiana	$33.45M	$8.04M
FCCO	First 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.