Coastal Financial Corporation
| Company Name | Coastal Financial Corporation |
| Stock Symbol | CCB |
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If you suffered a loss on your Coastal Financial Corporation investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filling out this form mean you have joined any lawsuit.
Background
On July 30, 2026, Coastal announced second quarter 2026 financial results, including a net loss of $42.1 million, or $(2.76) per diluted common share for the quarter, compared to net income of $12.0 million, or $0.78 per diluted common share in the prior quarter. The Company stated the “net loss is primarily attributable to a $68.8 million credit expense related to a single, isolated CCBX partner relationship.”
On this news, shares of the Coastal fell as much as $30.30 or 42.88%, per share during intraday trading on July 30, 2026, thereby injuring investors.
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