Coastal Financial Corporation (CCB) Q2 2026 Earnings Call Transcript

SA Transcripts 161.37K Followers Follow Coastal Financial Corporation ( CCB ) Q2 2026 Earnings Call July 30, 2026 8:00 AM EDT Company Participants Eric Sprink - CEO & Director Christopher Adams Brandon Soto - Executive VP, Corporate Secretary & CFO Conference Call Participants Andrew Terrell - Stephens Inc., Research Division Joseph Yanchunis - Raymond James & Associates, Inc., Research Division Sun Young Lee - TD Cowen, Research Division Timothy Switzer - Keefe, Bruyette, & Woods, Inc., Research Division Presentation Operator Welcome to Coastal Financial Corporation's Second Quarter 2026 Earnings Conference Call. [Operator Instructions] Before we begin, I would like to point all of you to the disclosure near the end of the company's earnings release for information about any forward-looking statements that may be made or discussed on this call. The earnings release is posted on Coastal's website. Please review the information along with our filings with the SEC for a disclosure of factors that may impact the subjects discussed in this morning's call. The company will also be discussing 1 or more non-GAAP financial measures. Look at the company's investor presentation and website for all of the disclosures required by the SEC, including reconciliations to the most comparable GAAP numbers. I would now like to turn the call over to Eric Sprink, Chief Executive Officer. Please go ahead. Eric Sprink CEO & Director Thank you, and good morning, everyone. I'm joined today by Chris Adams, our newly appointed Executive Chairman, and Brandon Soto, our CFO. This is our first quarterly earnings call. As our company has grown, we believe it is important to provide investors and the broader community with more direct access to management and greater context around our financial performance, go-forward strategy, and key developments across both CCBX and Coastal Community Bank. We also recognize that this quarter includes significant and unusual items that warrant a direct explanation. We're here to walk through those, detail the nuances, and answer your questions.