Welcome to our dedicated page for RBB news (Ticker: RBB), a resource for investors and traders seeking the latest updates and insights on RBB stock.
RBB Bancorp (NASDAQ: RBB) is a community-based financial holding company headquartered in Los Angeles, California, and the parent of Royal Business Bank and RBB Asset Management Company. Its news flow centers on commercial banking activities, capital management decisions, and performance updates for its multi-state franchise serving predominantly Asian-centric communities.
On this page, readers can follow company-issued announcements such as quarterly and annual earnings releases, where RBB Bancorp discusses net income, net interest margin, credit quality metrics, loan and deposit trends, and other key financial measures. The company also uses news releases to provide details about its conference calls and webcasts, including dial-in information and access to investor presentation materials.
RBB Bancorp’s news coverage includes dividend declarations, outlining quarterly cash dividends on its common stock and the associated record and payment dates. The company has also announced stock repurchase plans authorized by its board of directors, describing the size of the program, the permitted methods of repurchase, and the potential factors that could affect timing and volume.
Because RBB Bancorp operates Royal Business Bank, a full-service commercial bank focused on Asian-centric communities in California, Nevada, New York, New Jersey, Illinois, and Hawaii, its updates often reference community-based banking activities, loan portfolio developments, and deposit trends in these markets. Press releases may also highlight changes in nonperforming assets, special mention and substandard loans, and provisions for credit losses, providing insight into the company’s credit risk profile.
Investors and observers can use this news page to review RBB Bancorp’s official communications over time, including earnings announcements, dividend and capital actions, and other material events the company reports through GlobeNewswire and related channels.
RBB Bancorp (NASDAQ: RBB) will release financial results for its fourth quarter ended December 31, 2020, after market close on January 25, 2021. A conference call to discuss these results is scheduled for January 26, 2021, at 11:00 a.m. PT. The call can be accessed by phone or through a live webcast on the company's website. RBB Bancorp, headquartered in Los Angeles, reported total assets of $3.4 billion as of September 30, 2020. The company serves Chinese-American communities across California, Nevada, and New York through its various banking services and nine branches.
RBB Bancorp (NASDAQ:RBB) reported a net income of $8.5 million for Q3 2020, translating to $0.43 diluted earnings per share, up from $6.5 million or $0.33 in Q2 2020. The company's return on average assets improved to 1.05% from 0.83% in the previous quarter. Key highlights include a 76% decrease in loans modified under the CARES Act and strong deposit growth. The efficiency ratio improved to 46.63%, driven by higher net interest income of $27.3 million.
RBB Bancorp has declared a quarterly cash dividend of $0.09 per share, payable on November 16, 2020, to shareholders on record as of November 2, 2020. The company, which operates a full-service commercial bank, reported total assets of $3.1 billion as of June 30, 2020. RBB serves the Chinese-American communities across various regions, including Los Angeles, Las Vegas, and New York, with multiple branches and a wide array of banking services.
RBB Bancorp (NASDAQ: RBB) will release its third quarter financial results on October 26, 2020, post-market. A conference call is scheduled for October 27, 2020, at 11:00 a.m. PT to discuss these results. Interested participants can dial in or access a live webcast on the Company's website. RBB Bancorp is a community-based financial holding company based in Los Angeles, with total assets of $3.1 billion as of March 31, 2020. The Bank offers a range of banking services across multiple states, serving primarily Chinese-American communities.
RBB Bancorp (NASDAQ:RBB) reported a net income of $6.5 million for Q2 2020, maintaining a diluted EPS of $0.33, slightly down from $6.7 million in Q1 and $10.1 million in Q2 2019. Core loans grew over 18% on an annualized basis while the net interest margin increased to 3.42%. However, noninterest income fell to $2.2 million, down from $4.6 million in Q1, largely due to reduced loan sales amid the COVID-19 pandemic. The company's board declared a quarterly dividend of $0.06 per share, with plans to potentially increase it when business conditions improve.
RBB Bancorp (NASDAQ:RBB) declared a quarterly cash dividend of $0.06 per share, payable on August 17, 2020, to shareholders of record as of August 3, 2020. As of March 31, 2020, the company reported total assets of $3.1 billion. RBB Bancorp, headquartered in Los Angeles, serves the Chinese-American community through its subsidiaries, Royal Business Bank and RBB Asset Management Company, offering a wide range of business and financial services across multiple locations in California, New York, Nevada, and Illinois.
RBB Bancorp (NASDAQ: RBB) will disclose its second-quarter financial results on July 27, 2020, after market close. The management team will host a conference call on July 28, 2020, at 11:00 AM PT to discuss these results, with a replay available until August 4, 2020. As of March 31, 2020, RBB Bancorp managed total assets of $3.1 billion. The company serves the Chinese-American communities across multiple counties in California and New York, providing various banking and wealth management services.