Coastal Financial Corporation Reports Strong Third Quarter Earnings Driven by Banking as a Service (BaaS) Growth

Coastal Financial Corporation (CCB) reported unaudited financial results for the third quarter ended September 30, 2024, highlighting strong momentum across both its community bank and CCBX operating segments. The company achieved high-quality net loan growth despite loan sales and continues to focus on expanding product offerings with its CCBX partners, a key driver of the company’s growth.

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