stal Financial (US:CCB) Globenewswire·2026-01-29 12:00Core Insights - Coastal Financial Corporation reported a net income of $12.6 million for Q4 2025, a decrease from $13.6 million in Q3 2025 and $13.4 million in Q4 2024, with a full-year net income of $47.0 million compared to $45.2 million in 2024 [1][2]. Financial Performance - Loans receivable increased by $45.7 million, or 1.2%, and deposits grew by $171.6 million, or 4.3% in Q4 2025 [2]. - Net interest income for Q4 2025 was $79.4 million, up 1.9% from Q3 2025 and 9.5% from Q4 2024 [40]. - The net interest margin was 7.03% for Q4 2025, slightly up from 7.00% in Q3 2025 but down from 7.23% in Q4 2024 [41]. CCBX Segment Performance - The CCBX segment generated $8.4 million in program fee income for Q4 2025, a 10.7% increase from Q3 2025 [7]. - CCBX loans increased by $3.4 million to $1.81 billion despite selling $2.98 billion in loans during the quarter [25]. - The CCBX segment has 28 relationships at various stages, with two partners in testing and five in implementation/onboarding as of December 31, 2025 [19]. Community Bank Performance - The community bank saw net loans increase by $42.3 million, or 2.2%, to $1.94 billion in Q4 2025 [36]. - Community bank deposits decreased by $11.2 million, or 0.7%, to $1.59 billion during the same period [39]. Strategic Initiatives - The company is deploying artificial intelligence to enhance efficiency and customer experience, while also exploring opportunities in digital assets [3]. - The acquisition of the GreenFi brand reflects the company's strategy to optimize its portfolio and align resources with long-term priorities [7]. - The company plans to continue expanding its product offerings with existing partners while onboarding new relationships aligned with long-term objectives [2][20].