Business Context and Reporting Period
Company: Coastal Financial Corporation (CCB)
Filing Type: Form 8-K (Current Report)
Report Date: April 29, 2025
Reporting Period: Fiscal quarter ended March 31, 2025
This filing serves as a notification that the Company issued a press release announcing its results of operations and financial condition for the quarter ended March 31, 2025. The press release is furnished as Exhibit 99.1.
Key Financial Metrics
The provided text is a cover sheet for the Form 8-K and does not contain specific financial data. The following metrics are referenced in the filing but their values are not disclosed in this document:
- Revenue: Not provided in this text.
- Profit: Not provided in this text.
- Cash Flow: Not provided in this text.
- Margins: Not provided in this text.
- Debt and Liquidity: Not provided in this text.
Investors must refer to Exhibit 99.1 (the Press Release) for specific numerical values.
Material Changes
The filing text does not provide specific details regarding material changes versus the prior comparable period. It only confirms that results for the quarter ended March 31, 2025, have been announced.
Guidance, Outlook, and Risks
Management Commentary: The filing references a press release containing management commentary but does not include the text of that commentary.
Legal Disclaimer: The information in Item 2.02 and Exhibit 99.1 is "furnished" and not deemed "filed" under Section 18 of the Exchange Act. It is not incorporated by reference into other filings unless expressly stated.
Important Facts for Investors to Verify
- Review Exhibit 99.1 (Press Release) for actual revenue, earnings, and balance sheet figures.
- Confirm whether the press release includes updated forward-looking guidance or outlook.
- Note that the financial data in this 8-K is not legally "filed" for liability purposes under Section 18 of the Exchange Act.
- Verify the trading symbol (CCB) on The Nasdaq Stock Market LLC.