Baas Indemnification Income was Coastal Financial’s largest product and service line in fiscal 2025, bringing in $195.67M of $283.10M (69%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2023 | FY 2023 | FY 2023 | FY 2024 | FY 2024 | FY 2024 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Baas Credit Enhancements | — | — | — | — | $177.76M | — | — | — | $272.84M | — | |||||
| Baas Indemnification Income | — | — | — | — | — | — | — | — | — | $195.67M | |||||
| Total Noninterest Income Subject To Topic 606 | — | — | — | — | — | — | — | — | — | $34.34M | |||||
| Baas Program Income | — | — | — | — | — | — | — | — | — | $29.49M | |||||
| Baas Fraud Enhancements | — | — | — | — | — | — | — | — | — | $8.01M | |||||
| Servicing & Other Baas Fees | — | — | — | — | $3.86M | — | — | — | $4.74M | $5.80M | |||||
| Reimbursement Of Expenses | — | $921.00K | $1.95M | $3.10M | $1.12M | $1.03M | $1.64M | $1.84M | $2.49M | $4.95M | |||||
| Interchange Income | $2.06M | — | — | — | $2.18M | — | — | — | $2.00M | $1.81M | |||||
| Other | $931.00K | — | — | — | $967.00K | — | — | — | $1.05M | $1.05M | |||||
| Deposit Service Charges - Other | — | — | — | — | — | — | — | — | — | — | |||||
| Other Income | $603.00K | — | — | — | $323.00K | — | — | — | $692.00K | $1.29M | |||||
| Transaction | — | — | — | — | — | — | — | — | — | — | |||||
| Transaction Fees | — | — | — | — | — | — | — | — | — | — | |||||
| Merchant Service Fees | $508.00K | — | — | — | $498.00K | — | — | — | $487.00K | $495.00K | |||||
| Loan Referral Fees | — | — | — | — | $683.00K | — | — | — | $168.00K | — | |||||
| Mortgage Broker Fees | — | — | — | — | — | — | — | — | — | — | |||||
| Overdraft Fees | $310.00K | — | — | — | $213.00K | — | — | — | $198.00K | $207.00K | |||||
| Total | $4.41M | $921.00K | $1.95M | $3.10M | $187.60M | $1.03M | $1.64M | $1.84M | $284.67M | $283.10M |
Coastal Financial brought in $283.10M from its 11 product and service lines in fiscal 2025, the year ended December 31, 2025. Coastal Financial regrouped these lines after fiscal 2024, so the total does not compare directly with that year's $284.67M. Baas Indemnification Income was the largest at $195.67M (69.1%), ahead of Total Noninterest Income Subject To Topic 606 at $34.34M (12.1%) and Baas Program Income at $29.49M (10.4%). The other eight lines brought in $23.61M combined.
Coastal Financial began breaking out Baas Indemnification Income in fiscal 2025, Total Noninterest Income Subject To Topic 606 in fiscal 2025, Baas Program Income in fiscal 2025 and Baas Fraud Enhancements in fiscal 2025. Coastal Financial stopped reporting Baas Credit Enhancements ($272.84M in fiscal 2024) and Loan Referral Fees ($168.00K in fiscal 2024) as separate lines.
Ccbx was Coastal Financial’s largest segment in fiscal 2025, bringing in $29.49M of $67.00M (44%).
| Segment | FY 2021 | FY 2022 | FY 2023 | FY 2023 | FY 2023 | FY 2023 | FY 2024 | FY 2024 | FY 2024 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Baas Indemnification Income | — | — | — | — | $177.76M | — | — | — | $272.84M | $8.01M | |
| Ccbx | — | — | — | — | — | — | — | — | — | $29.49M | |
| Baas Program Income | $4.41M | $3.58M | $7.52M | $3.10M | $3.86M | $4.83M | $1.64M | $1.84M | $2.49M | $29.49M | |
| Total | $4.41M | $3.58M | $7.52M | $3.10M | $181.62M | $4.83M | $1.64M | $1.84M | $275.33M | $67.00M |
Coastal Financial brought in $67.00M from its three segments in fiscal 2025, the year ended December 31, 2025. That is less than the $283.10M it reports by product and service, so these segments do not cover all of its revenue. Ccbx was the largest at $29.49M (44.0%), ahead of Baas Program Income at $29.49M (44.0%) and Baas Indemnification Income at $8.01M (12.0%).
Compared with fiscal 2024, Baas Program Income grew 1,084.9% to $29.49M, while Baas Indemnification Income fell 97.1% to $8.01M. Some of that change comes from Coastal Financial regrouping its segments.
Coastal Financial began breaking out Baas Indemnification Income in fiscal 2023 and Ccbx in fiscal 2025.
Coastal Financial (CCB) reports its revenue by product and service and by segment. In fiscal 2025, Baas Indemnification Income was its largest product and service line, bringing in $195.67M (69.1% of the total), followed by Total Noninterest Income Subject To Topic 606 at $34.34M (12.1%).
Baas Indemnification Income was Coastal Financial's largest product and service line in fiscal 2025, bringing in $195.67M, or 69.1% of the $283.10M total across its 11 product and service lines.
Ccbx was Coastal Financial's largest segment in fiscal 2025, bringing in $29.49M, or 44.0% of the $67.00M total across its three segments.
Every figure comes from Coastal Financial's annual financial filings, as reported. Each line keeps the name Coastal Financial gives it, and years follow its fiscal calendar.
Coastal Financial's revenue by product and service goes back to fiscal 2017, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.