Coastal Financial Corporation
Tracked across 1 events · 25 articles · First seen Aug 04, 2026 · Last active Aug 19, 2026
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Regulatory
Coastal Financial Corporation, a bank holding company based in Everett, Washington, reported a GAAP net loss of $42.1 million, or $2.76 per diluted share, for Q2 2026, driven by a $68.8 million pre-tax credit expense…
Impact: Coastal Financial is the subject of the securities fraud investigations. Its stock plummeted 43.5% after reporting a net loss driven by a $68.8 million credit expense related to a CCBX partner, and it now faces potential legal liabilities and reputational harm.
Aug 04, 2026 · 25 articles
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Coastal Financial Corporation reported net lossCoastal Financial...
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Bleichmar Fonti & Auld LLP launched investigation Coastal Financial CorporationCoastal Financial...
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Pomerantz LLP investigating securities fraud Coastal Financial CorporationCoastal Financial...
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