RBB Stock Price, News & Analysis

RBB Bancorp (NASDAQ:RBB) reported a net income of $11.1 million, or $0.56 EPS, for Q4 2020, an increase from $8.5 million in Q4 2019. Net interest income rose to $28.9 million, boosted by higher earning assets, while net interest margin improved to 3.67%. Noninterest income reached $4.5 million, up from $2.7 million in Q3 2020, driven by a $1.7 million gain on loan sales. The company declared a quarterly dividend of $0.12 per share. However, loans held for investment decreased by $48.4 million from Q3 2020, partly due to increased loan payoffs, signaling potential challenges ahead.

RBB Bancorp (NASDAQ: RBB) has declared a quarterly cash dividend of $0.12 per share, payable on February 12, 2021, to shareholders of record as of February 1, 2021. The company, headquartered in Los Angeles, has total assets of $3.4 billion as of September 30, 2020. RBB operates through its subsidiary, Royal Business Bank, offering various banking services primarily to the Chinese-American communities in several U.S. locations.

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.