Coastal Financial (CCB) reported Q1 earnings Tuesday of $0.63 per diluted share, up from $0.50 a year earlier.
Four analysts polled by FactSet expected $0.86.
Revenue for the quarter ended March 31 expressed as the sum of net interest income and non-interest income was $139.5 million, down from $148.5 million a year earlier.
Three analysts surveyed by FactSet expected $155.3 million.
Shares of the bank holding company were down 3.3% in recent early trading.
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