Coastal Financial (CCB) reported Q2 earnings Tuesday of $0.71 per share, down from $0.84 per share a year earlier.
Analysts polled by FactSet expected $0.84 per share.
Revenue, calculated as the sum of net interest income and total non-interest income for the three months ended June 30, was $119.4 million, down from $135.3 million.
Analyst estimates were not readily available for comparison.