Coastal Financial Corp Income Statement

Income Statement Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 0.87M1.83M2.54M8.31M9.91M79.06M184.04M277.61M
Revenue 2.62M3.06M3.11M3.09M13.85M105.94M184.93M282.67M
Interest income
Interest income - Loans 30.77M36.54M45.35M61.91M82.11M183.35M304.29M372.02M
Interest Income - Debt Securities 1.78M1.96M2.42M2.42M3.92M4.65M5.22M6.48M
Interest Income - Deposits 0.67M1.43M2.42M0.66M0.61M6.73M15.35M21.27M
Other interest income 0.14M0.16M0.18M0.23M0.28M0.34M0.39M0.43M
Interest Income - Total 32.11M38.74M48.59M63.04M83.08M192.17M323.22M396.78M
Interest expenses
Interest Expense - Deposits 2.14M3.14M5.80M4.29M2.33M19.00M89.00M120.93M
Interest Expense - Debt 0.74M0.79M0.77M1.36M1.32M1.39M2.64M2.82M
Interest Expenses 2.88M3.93M6.58M5.65M3.65M20.39M91.64M123.75M
Interest Income - Net 29.24M34.82M42.01M57.39M79.44M171.78M231.57M273.03M
Non-interest income
Interest Income - Total 28.37M32.99M39.47M49.08M69.52M92.71M47.58M-4.58M
Investment Gain (Loss) 0.17M
Investment Banking Income 0.10M0.26M0.49M0.08M0.40M0.25M
Other Non-Interest Income 0.52M0.52M0.49M0.66M1.86M1.34M152.00M229.09M
Non-Interest Income 4.15M5.47M8.26M8.18M28.12M122.94M204.12M308.20M
Operating Items
Research & Development 1.78M1.97M2.08M2.35M0.67M0.37M0.48M0.33M
Wages, Salaries and Other 13.38M16.03M18.96M23.30M37.10M52.23M66.46M70.08M
Rent Expense 3.04M3.31M3.77M3.98M4.13M4.22M4.17M3.94M
Other Operating Expenses 17.62M20.93M25.21M31.79M1.26M160.45M189.92M242.05M
Operating Expenses 22.43M26.22M31.06M38.12M63.26M165.03M194.57M246.31M
Operating Income 3.43M2.57M3.50M4.02M7.22M-59.44M-10.16M36.20M
EBIT 3.43M2.57M3.50M4.02M7.22M-59.44M-10.16M36.20M
Non-operating items
Interest & Investment Income 0.53M0.62M0.64M0.23M0.08M1.75M3.20M3.06M
Net income details
EBT 10.09M12.24M16.66M19.14M34.38M50.62M57.13M57.32M
Tax Provisions 4.65M2.92M4.02M5.07M7.37M10.00M12.55M12.10M
Profit After Tax 5.44M9.70M13.20M15.15M27.00M40.62M44.58M45.22M
Equity Income -0.40M1.47M-0.15M0.28M0.03M
Income from Continuing Operations 5.44M9.32M12.64M14.07M27.00M40.62M44.58M45.22M
Consolidated Net Income 5.44M9.32M12.64M14.07M27.00M40.62M44.58M45.22M
Income towards Parent Company 5.44M9.32M12.64M14.07M27.00M40.62M44.58M45.22M
Net Income towards Common Stockholders 5.44M9.32M12.64M14.07M27.00M40.62M44.58M45.22M
Additional items
EPS (Basic) 0.590.931.111.272.253.143.363.35
EPS (Weighted Average and Diluted) 0.590.911.081.242.163.013.273.26
Shares Outstanding (Weighted Average) 11.40M11.89M11.91M11.95M12.01M12.96M13.30M13.54M
Shares Outstanding (Diluted Average) 12.52M13.51M13.64M13.88M
Tax Rate 46.12%23.88%24.14%26.48%21.44%19.75%21.97%21.11%