​

Coastal Financial (CCB) Revenue & Revenue Breakdown

OverviewOwnershipFinancialsChart

Coastal Financial Revenue Highlights

Latest Revenue (Y)

$396.78M

Latest Revenue (Q)

$185.15M

Main Segment (Y)

Baa S Fees

Coastal Financial Revenue by Period

Coastal Financial Revenue by Year

DateRevenueChange
2024-12-31$396.78M20.10%
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 $396.78M in revenue during NA 2024, up 20.10% compared to the previous quarter, and up 789.31% 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 24Dec 23Dec 22Dec 21Dec 20
Loan Referral Fees$168.00K$810.00K$2.13M$1.73M-
Merchant Service Fees$487.00K$508.00K$568.00K$478.00K-
Baa S Fees$282.67M$17.31M$2.37M--
Earnings On Life Insurance$486.00K$361.00K$172.00K$200.00K-
Gain Loss On Equity Investment$27.00K$-153.00K$1.47M--
Lease And Sublease Income$204.00K$157.00K$126.00K$122.00K-
Loan Servicing Fees$142.00K$223.00K$248.00K$140.00K-
Deposit Account Other$1.05M$931.00K$855.00K$778.00K-
Deposit Account Overdraft Fees$198.00K$310.00K$316.00K$334.00K-
Financial Service, Other$692.00K$346.00K---
Interchange Income$2.00M$1.50M---
Community Bank Segment-----
C C B X Segment-$184.93M---
Gain On Sale Of Branch---$1.26M-
Gain On Sale Of Loan---$396.00K$82.00K
Mortgage Banking--$257.00K$920.00K$655.00K
Deposit Account---$3.70M-
Financial Service Other---$393.00K$201.00K
Financial Service---$2.13M-
Impairment On Equity Investment----$-400.00K

Coastal Financial's latest annual revenue breakdown by segment (product or service), as of Dec 24: Baa S Fees (98.11%), Interchange Income (0.69%), Deposit Account Other (0.36%), Financial Service, Other (0.24%), Merchant Service Fees (0.17%), Earnings On Life Insurance (0.17%), Lease And Sublease Income (0.07%), Deposit Account Overdraft Fees (0.07%), Loan Referral Fees (0.06%), Loan Servicing Fees (0.05%), and Gain Loss On Equity Investment (0.01%).

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
CNOBConnectOne Bancorp$517.89M$134.98M
CFBCrossFirst Bankshares$455.32M$134.39M
CCBCoastal Financial$396.78M$185.15M
FBIZFirst Business Financial Services$233.13M$50.94M
ORRFOrrstown Financial Services$176.14M$95.37M
PKBKParke Bancorp$125.11M$32.84M
FNWBFirst Northwest Bancorp$112.34M$28.21M
FFNWFirst Financial Northwest$77.37M$20.09M
FNWDFinward Bancorp$71.60M$22.47M
CWBCCommunity West Bancshares$61.39M$27.26M
OPOFOld Point Financial$60.91M$21.99M
LSBKLake Shore Bancorp$34.80M$9.64M
HFBLHome Federal Bancorp, Inc. of Louisiana$33.45M$7.66M
AFBIAffinity Bancshares$30.61M$12.87M
RBKBRhinebeck Bancorp$25.91M$6.01M
FCCOFirst Community$14.00M$26.72M

CCB Revenue FAQ

What is Coastal Financial’s yearly revenue?

Coastal Financial's yearly revenue for 2024 was $396.78M, representing an increase of 20.10% compared to 2023. The company's yearly revenue for 2023 was $330.37M, representing an increase of 54.67% compared to 2022. CCB's yearly revenue for 2022 was $213.59M, representing an increase of 109.79% compared to 2021.

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 (2022-2024) was 85.76%, and for the last 5 years (2020-2024) was 505.14%.

What are Coastal Financial’s revenue streams?

Coastal Financial's revenue streams in c 24 are Loan Referral Fees, Merchant Service Fees, Baa S Fees, Earnings On Life Insurance, Gain Loss On Equity Investment, Lease And Sublease Income, Loan Servicing Fees, Deposit Account Other, Deposit Account Overdraft Fees, Financial Service, Other, and Interchange Income. Loan Referral Fees generated $168K in revenue, accounting 0.06% of the company's total revenue, down -79.26% year-over-year. Merchant Service Fees generated $487K in revenue, accounting 0.17% of the company's total revenue, down -4.13% year-over-year. Baa S Fees generated $282.67M in revenue, accounting 98.11% of the company's total revenue, up 1533.29% year-over-year. Earnings On Life Insurance generated $486K in revenue, accounting 0.17% of the company's total revenue, up 34.63% year-over-year. Gain Loss On Equity Investment generated $27K in revenue, accounting 0.01% of the company's total revenue, down -117.65% year-over-year. Lease And Sublease Income generated $204K in revenue, accounting 0.07% of the company's total revenue, up 29.94% year-over-year. Loan Servicing Fees generated $142K in revenue, accounting 0.05% of the company's total revenue, down -36.32% year-over-year. Deposit Account Other generated $1.05M in revenue, accounting 0.36% of the company's total revenue, up 12.89% year-over-year. Deposit Account Overdraft Fees generated $198K in revenue, accounting 0.07% of the company's total revenue, down -36.13% year-over-year. Financial Service, Other generated $692K in revenue, accounting 0.24% of the company's total revenue, up 100.00% year-over-year. Interchange Income generated $2M in revenue, accounting 0.69% of the company's total revenue, up 33.38% year-over-year.

What is Coastal Financial’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Coastal Financial was Baa S Fees. This segment made a revenue of $282.67M, representing 98.11% of the company's total revenue.