Baas Indemnification Income was Coastal Financial’s largest product and service line in fiscal 2024, bringing in $282.67M of $592.51M (48%).
| Product and Service | FY 2024 |
|---|---|
| Baas Indemnification Income | $282.67M |
| Baas Credit Enhancements | $272.84M |
| Baas Program Income | $20.08M |
| Baas Fraud Enhancements | $9.83M |
| Reimbursement Of Expenses | $2.49M |
| Interchange Income | $2.00M |
| Other | $1.05M |
| Other Income | $692.00K |
| Merchant Service Fees | $487.00K |
| Overdraft Fees | $198.00K |
| Loan Referral Fees | $168.00K |
| Total | $592.51M |
Coastal Financial brought in $592.51M from its 11 product and service lines in fiscal 2024, the year ended December 31, 2024. Baas Indemnification Income was the largest at $282.67M (47.7%), ahead of Baas Credit Enhancements at $272.84M (46.0%) and Baas Program Income at $20.08M (3.4%). The other eight lines brought in $16.92M combined.
Coastal Financial (CCB) reports its revenue by product and service. In fiscal 2024, Baas Indemnification Income was its largest product and service line, bringing in $282.67M (47.7% of the total), followed by Baas Credit Enhancements at $272.84M (46.0%).
Baas Indemnification Income was Coastal Financial's largest product and service line in fiscal 2024, bringing in $282.67M, or 47.7% of the $592.51M total across its 11 product and service lines.
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 2024, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.