Q2 FY2026 EarningsFY26 Q2 results missed consensus across most profitability metrics due to an isolated $68.8M credit charge related to a single CCBX partner. While total revenue of $207.3M significantly beat the $148.5M expected (driven by a 107.8% surge in noninterest income), a GAAP net loss of -$42.1M and Diluted EPS of -$2.76 fell far below expectations ($16.1M and $1.01, respectively). Despite the isolated credit event, the underlying community bank remains stable, and loan growth continues to be robust in the BaaS segment.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Coastal Financial Washington(CCB) the Revenue is 178.07 M (+49.1%), Beat estimate;the EBIT is 36.96 M (-20.68%), Miss estimate;the EPS is -2.76 (-488.7%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.18B49.10%
0.15B24.34%
+0.03B24.76%
EBITMiss expectations
0.04B20.68%
0.08B67.20%
-0.04B87.88%
EPSMiss expectations
-2.76488.73%
1.007541.90%
-3.7675530.63%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf