Coastal Financial Corporation

The supplied evidence does not contain any information about Coastal Financial Corporation. The only source provided is a press release about Debiopharm, a privately owned Swiss biopharmaceutical company, and its MultiLINK linker technology for antibody-drug conjugates. That material has no connection to Coastal Financial Corporation and cannot be used to describe its business, ownership, history, or offerings. Because no official-site or Wikipedia brand-sense evidence for Coastal Financial Corporation was supplied, this entry is intentionally kept short and flagged for review. No founding year, headquarters, founder, executive, product, or financial detail is asserted here, since doing so would require inventing facts. A future revision should be based on the company's own investor-relations materials or a reliable encyclopedia entry describing the bank holding company and its subsidiary bank.

• 2026

  Class action lawsuit filed against Coastal Financial Corporation over CCBX loan portfolio disclosures

  Wolf Haldenstein Adler Freeman & Herz LLP announced on October 14, 2026 that a securities class action lawsuit has been filed against Coastal Financial Corporation (NASDAQ: CCB) on behalf of investors who purchased or otherwise acquired Coastal Financial common stock between October 28, 2024 and July 29, 2026, with a lead-plaintiff deadline of December 1, 2026. The complaint alleges that Coastal and the individual defendants made false and misleading statements and failed to disclose that the credit quality of a substantial CCBX partner loan portfolio, comprising approximately $500 million in loans and nearly 23% of all CCBX loans, had materially deteriorated, that Coastal faced significant exposure to credit losses despite repeated representations about credit protections in its CCBX partner agreements, and that its risk management and credit monitoring practices were inadequate. According to the complaint, Coastal announced Q2 2026 financial results on July 30, 2026 reporting a GAAP net loss of $42.1 million driven primarily by a $68.8 million credit expense related to a single CCBX partner relationship, after which the stock fell 43.5% to close at $39.91 per share.

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• 2026.10.29

  Reported2026.10.29

  Coastal Financial Corporation announces third-quarter 2026 results[3]Coastal Financial Corporation公布2026年第三季度业绩news.google.com

  Coastal Financial Corporation announced its third-quarter 2026 results.

• Unconfirmed

  Reported2026.10.14

  Class action lawsuit filed against Coastal Financial Corporation over CCBX loan portfolio disclosures[2]Class action lawsuit filed against Coastal Financial Corporation over CCBX loan portfolio disclosuresprnewswire.com

  Wolf Haldenstein Adler Freeman & Herz LLP announced on October 14, 2026 that a securities class action lawsuit has been filed against Coastal Financial Corporation (NASDAQ: CCB) on behalf of investors who purchased or otherwise acquired Coastal Financial common stock between October 28, 2024 and July 29, 2026, with a lead-plaintiff deadline of December 1, 2026. The complaint alleges that Coastal and the individual defendants made false and misleading statements and failed to disclose that the credit quality of a substantial CCBX partner loan portfolio, comprising approximately $500 million in loans and nearly 23% of all CCBX loans, had materially deteriorated, that Coastal faced significant exposure to credit losses despite repeated representations about credit protections in its CCBX partner agreements, and that its risk management and credit monitoring practices were inadequate. According to the complaint, Coastal announced Q2 2026 financial results on July 30, 2026 reporting a GAAP net loss of $42.1 million driven primarily by a $68.8 million credit expense related to a single CCBX partner relationship, after which the stock fell 43.5% to close at $39.91 per share.

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1. 1Debiopharm's Pre-Clinical Proof-Of-Concept Research Unveils the Potential of Novel MultiLINK Linker Technology to Overcome Tumor Resistancefinanznachrichten.de
2. 2Class action lawsuit filed against Coastal Financial Corporation over CCBX loan portfolio disclosuresprnewswire.com
3. 3Coastal Financial Corporation公布2026年第三季度业绩news.google.com