# Coastal Financial Corp (CCB)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/coastal-financial-corp/ JSON: https://steadybase.io/company/coastal-financial-corp.json Checked Nov 10, 2026. Latest filing read: Nov 5, 2026.

## Company

- Legal name: COASTAL FINANCIAL CORP
- Ticker: CCB (Nasdaq)
- SEC CIK: 0001437958
- Industry: State Commercial Banks (SIC 6022)
- Headquarters: Everett, WA
- Fiscal year ends: December 31
- SEC filer category: Large accelerated filer
- Website: coastalbank.com
- LinkedIn: https://www.linkedin.com/company/coastal-community-bank_2
- Next earnings date: Jan 30, 2027 (estimated from past 8-K timing)

## Key facts

- Revenue: $429.6M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 27, 2026). Source: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000013/0001437958-26-000013-index.html
- Net income: $47.0M for the fiscal year ended Dec 31, 2025 (10-K filed Feb 27, 2026). Source: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000013/0001437958-26-000013-index.html
- Employees: 483 as of Dec 31, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000013/ck1437958-20251231.htm
- Shares outstanding: 15,291,390 as of Oct 30, 2026 (10-Q filed Nov 5, 2026). Source: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000082/0001437958-26-000082-index.html
- Auditor: Baker Tilly Us, LLP, Everett, Washington,, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000013/ck1437958-20251231.htm

## Business

Coastal Financial Corporation (“Company”) is a registered bank holding company, whose wholly owned subsidiaries are Coastal Community Bank (“Bank”) and Arlington Olympic LLC (“LLC”). The Company is a Washington state corporation that was organized in 2003. The Bank was incorporated and commenced operations in 1997 and is a Washington state-chartered commercial bank and Federal Reserve System (“Federal Reserve”) member bank. The LLC was formed in 2019 and owns the Company’s Arlington branch, which the Bank leases from the LLC.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/1437958/000143795826000013/ck1437958-20251231.htm

## Annual results

| Fiscal year ended | Revenue | Net income |
|---|---|---|
| Dec 31, 2025 | $429.6M | $47.0M |
| Dec 31, 2024 | $396.8M | $45.2M |
| Dec 31, 2023 | $323.2M | $44.6M |
| Dec 31, 2022 | $192.2M | $40.6M |
| Dec 31, 2021 | $83.1M | $27.0M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/coastal-financial-corp.json

## Officers and directors

- Eric Sprink, Chief Executive Officer of Coastal. Source: 8-K filed Oct 29, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000143795826000075/erccb-20261029xexx991.htm
- Eric M. Sprink, CEO. LinkedIn: https://linkedin.com/in/eric-sprink-0710677. Source: Form 4 filed Aug 7, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000129964726000020/0001299647-26-000020-index.htm
- Joel G. Edwards, Chief Financial Officer. Source: Form 3 filed Aug 26, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000126091226000004/0001260912-26-000004-index.htm
- Joel Edwards, Interim Chief Financial Officer. Source: 8-K filed Jul 23, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000143795826000045/ck1437958-20260722.htm
- Brandon John Soto, CFO. Source: Form 4 filed Mar 13, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000208875526000002/0002088755-26-000002-index.htm
- Brandon J. Soto, Executive Vice President and Chief Financial Officer (Principal Financial and Accounting Officer). Source: 10-K filed Feb 27, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000143795826000013/ck1437958-20251231.htm
- Brian T. Hamilton, President of CCBX. LinkedIn: https://linkedin.com/in/bthamilton. Source: Form 4 filed Sep 1, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000200579026000026/0002005790-26-000026-index.htm
- Freddy I. Rivas, Chief Credit Officer. LinkedIn: https://linkedin.com/in/freddyrivas. Source: Form 4 filed Aug 4, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000211070226000004/0002110702-26-000004-index.htm
- Elizabeth Ann Sarvela, Chief Risk Officer. Source: Form 4 filed May 4, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000211046926000004/0002110469-26-000004-index.htm
- Christopher D. Adams, Executive Chair. Source: Form 4 filed Aug 7, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000174362226000004/0001743622-26-000004-index.htm
- Steven D. Hovde, Vice Chair of the Board. Source: 10-K filed Feb 27, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000143795826000013/ck1437958-20251231.htm
- Thomas Lane, Lead Independent Director. Source: 8-K filed Jul 30, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000143795826000056/ck1437958-20260729.htm
- Gregory A. Tisdel, Director. Source: 10-K filed Feb 27, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000143795826000013/ck1437958-20251231.htm
- Michael R. Patterson, Director. Source: 10-K filed Feb 27, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000143795826000013/ck1437958-20251231.htm
- Pamela R. Unger, Director. Source: 10-K filed Feb 27, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000143795826000013/ck1437958-20251231.htm
- Rilla R. Delorier, Director. Source: 10-K filed Feb 27, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000143795826000013/ck1437958-20251231.htm
- Sadhana Akella-Mishra, Director. Source: 10-K filed Feb 27, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000143795826000013/ck1437958-20251231.htm
- Stephan Klee, Director. Source: 10-K filed Feb 27, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000143795826000013/ck1437958-20251231.htm
- Thomas D. Lane, Director. Source: 10-K filed Feb 27, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000143795826000013/ck1437958-20251231.htm
- Elizabeth A. Sarvela, Named in proxy. Source: DEF 14A filed Apr 13, 2026, https://www.sec.gov/Archives/edgar/data/1437958/000143795826000023/ck1437958-20260410.htm

## Recent 8-K events

- Oct 29, 2026: Item 5.02, Departure or appointment of directors or officers; compensation; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000077/ck1437958-20261028.htm
- Oct 29, 2026: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000076/ck1437958-20261029.htm
- Oct 29, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000075/ck1437958-20261029.htm
- Sep 28, 2026: Item 8.01, Other events. Source: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000065/ck1437958-20260928.htm
- Jul 30, 2026: Item 5.02, Departure or appointment of directors or officers; compensation; Item 5.03, Amendments to articles or bylaws; change in fiscal year; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000056/ck1437958-20260729.htm
- Jul 30, 2026: Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000053/ck1437958-20260730.htm
- Jul 30, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000052/ck1437958-20260730.htm
- Jul 23, 2026: Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000049/ck1437958-20260723.htm
- Jul 23, 2026: Item 5.02, Departure or appointment of directors or officers; compensation; Item 7.01, Regulation FD disclosure; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000045/ck1437958-20260722.htm
- May 29, 2026: Item 5.07, Submission of matters to a vote of security holders. Source: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000043/ck1437958-20260527.htm

## Insider trades (Form 4)

- Aug 7, 2026: Christopher D. Adams (Executive Chair) bought 290 shares, about $13,094. Source: https://www.sec.gov/Archives/edgar/data/1437958/000174362226000004/0001743622-26-000004-index.htm
- Aug 6, 2026: Eric M. Sprink (CEO) bought 10,000 shares, about $444,500. Source: https://www.sec.gov/Archives/edgar/data/1437958/000129964726000020/0001299647-26-000020-index.htm
- Aug 6, 2026: Steven D. Hovde (Director) bought 15,000 shares, about $658,300. Source: https://www.sec.gov/Archives/edgar/data/1437958/000101996626000004/0001019966-26-000004-index.htm
- Jun 2, 2026: Brian T. Hamilton (President of CCBX) sold 7,000 shares, about $499,940. Source: https://www.sec.gov/Archives/edgar/data/1437958/000200579026000018/0002005790-26-000018-index.htm
- May 8, 2026: Thomas D. Lane (Director) sold 300 shares, about $21,780. Source: https://www.sec.gov/Archives/edgar/data/1437958/000174365026000002/0001743650-26-000002-index.htm
- May 1, 2026: Brian T. Hamilton (President of CCBX) sold 3,079 shares, about $232,280. Source: https://www.sec.gov/Archives/edgar/data/1437958/000200579026000016/0002005790-26-000016-index.htm
- Mar 3, 2026: Brian T. Hamilton (President of CCBX) sold 146 shares, about $10,566. Source: https://www.sec.gov/Archives/edgar/data/1437958/000200579026000008/0002005790-26-000008-index.htm
- Feb 6, 2026: Brian T. Hamilton (President of CCBX) sold 48 shares, about $4,270. Source: https://www.sec.gov/Archives/edgar/data/1437958/000200579026000006/0002005790-26-000006-index.htm
- Feb 4, 2026: Brian T. Hamilton (President of CCBX) sold 171 shares, about $15,334. Source: https://www.sec.gov/Archives/edgar/data/1437958/000200579026000004/0002005790-26-000004-index.htm
- Jan 26, 2026: Joel G. Edwards (Chief Financial Officer) sold 1,300 shares, about $144,742. Source: https://www.sec.gov/Archives/edgar/data/1437958/000126091226000002/0001260912-26-000002-index.htm
- Jan 22, 2026: Eric M. Sprink (CEO) sold 12,402 shares, about $1.4M. Source: https://www.sec.gov/Archives/edgar/data/1437958/000129964726000010/0001299647-26-000010-index.htm
- Jan 16, 2026: Eric M. Sprink (CEO) sold 7,356 shares, about $841,256. Source: https://www.sec.gov/Archives/edgar/data/1437958/000129964726000008/0001299647-26-000008-index.htm
- Jan 9, 2026: Eric M. Sprink (CEO) sold 4,000 shares, about $475,500. Source: https://www.sec.gov/Archives/edgar/data/1437958/000129964726000006/0001299647-26-000006-index.htm
- Jan 7, 2026: Eric M. Sprink (CEO) sold 11,000 shares, about $1.3M. Source: https://www.sec.gov/Archives/edgar/data/1437958/000129964726000004/0001299647-26-000004-index.htm
- Jan 5, 2026: Eric M. Sprink (CEO) sold 17,127 shares, about $2.0M. Source: https://www.sec.gov/Archives/edgar/data/1437958/000129964726000002/0001299647-26-000002-index.htm

## What management said

- "The third quarter better reflects the underlying earnings power of Coastal’s business, following a challenging second quarter for our shareholders. During the quarter we updated our assessment of the affected relationship, including loan portfolio performance, expected credit losses and our assessment of the collectability of amounts due under the partner's indemnification arrangement. The results of that review substantially supported the estimates established at June 30, 20" Eric Sprink, Chief Executive Officer of Coastal (8-K filed Oct 29, 2026). Source: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000075/erccb-20261029xexx991.htm

## Latest filings

- 8-K filed Oct 29, 2026: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000077/ck1437958-20261028.htm
- 10-K filed Feb 27, 2026: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000013/ck1437958-20251231.htm
- 10-Q filed Aug 7, 2026: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000061/ck1437958-20260630.htm
- DEF 14A filed Apr 13, 2026: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000023/ck1437958-20260410.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/