Coastal Financial Corporation (NASDAQ: CCB) is facing a fourth investor investigation, this time by Bragar Eagel & Squire, P.C., after its shares fell sharply on July 30, 2026. The decline followed Coastal’s disclosure of a $42.1 million second-quarter 2026 net loss, or $2.76 per diluted common share, and a $68.8 million credit expense tied to a single, isolated CCBX partner relationship. Coastal’s results were compared with net income of $12.0 million, or $0.78 per diluted common share, in the prior quarter in Bragar Eagel & Squire’s announcement, while an earlier investor announcement described the comparison as the prior year. The stock fell as much as $30.30, or 42.88%, during intraday trading, while another announcement measured the session-to-session closing decline at 43.5%. Bragar Eagel & Squire is examining whether Coastal violated federal securities laws or engaged in other unlawful business practices and is inviting affected investors, long-term stockholders and people with relevant information to contact the firm at no cost or obligation. The inquiry adds to investigations by Bleichmar Fonti & Auld LLP, Hagens Berman and the Law Offices of Frank R. Cruz concerning Coastal’s CCBX banking-as-a-service business, including credit quality, partner risks, underwriting oversight, governance and risk controls.