Today
+2.11%
5 Days
-0.14%
1 Month
+7.07%
6 Months
-40.13%
Year to Date
-61.93%
1 Year
-58.98%
A securities class action alleges Coastal Financial and certain executives made false or misleading statements regarding a deteriorating CCBX partner loan portfolio. The lead plaintiff deadline is December 1, 2026.
Coastal Financial faces a securities class action alleging inadequate disclosure of deteriorating credit quality in a roughly $500 million CCBX partner loan portfolio, while its shares fell 43%.
Coastal Financial (CCB) Q3 2026 Earnings Call: Profit Returns, $20M Savings Target


| Shareholders | Proportion |
|---|---|
| Hovde (Steven D) | 11.33% |
| T. Rowe Price Investment Management, Inc. | 8.33% |
| BlackRock Institutional Trust Company, N.A. | 5.62% |
| Azora Capital LP | 4.05% |
| Shareholder Types | Proportion |
|---|---|
| Investment Advisor | 48.72% |
| Investment Advisor/Hedge Fund | 23.53% |
| Individual Investor | 15.36% |
| Hedge Fund | 9.54% |
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