RBB Bancorp to Report Fourth Quarter and Fiscal Year 2024 Financial Results

Rhea-AI Summary

RBB Bancorp (NASDAQ: RBB) has announced it will release its fourth quarter and fiscal year 2024 financial results after market close on January 21, 2025. The company will host a conference call to discuss the results on January 22, 2025, at 11:00 a.m. Pacific Time.

As of September 30, 2024, RBB Bancorp reported total assets of $4.0 billion. The company operates through its subsidiary Royal Business Bank, providing commercial and consumer banking services primarily to Asian-centric communities. The bank maintains a network of branches across California, Nevada, New York, New Jersey, Illinois, and Hawaii, offering services including remote deposit, E-banking, various types of loans, trade finance, depository products, and wealth management services.

Positive

• Total assets of $4.0 billion as of September 30, 2024
• Extensive branch network across six states
• Diverse banking services portfolio including commercial, consumer, and wealth management

Negative

• None.

LOS ANGELES, Jan. 02, 2025 (GLOBE NEWSWIRE) -- RBB Bancorp (NASDAQ: RBB) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", today announced it will release financial results for its fourth quarter and year ended December 31, 2024 after the markets close on Tuesday, January 21, 2025.

Management will hold a conference call at 11:00 a.m. Pacific Time/2:00 p.m. Eastern Time on Wednesday, January 22, 2025 to discuss the Company's financial results.

To listen to the conference call, please dial 1-888-506-0062 or 1-973-528-0011, passcode 834092, Conference ID RBBQ424. A replay of the call will be made available at 1-877-481-4010 or 1-919-882-2331, passcode 51830, approximately one hour after the conclusion of the call and will remain available through February 5, 2025.

Additionally, interested parties can listen to a live webcast of the call in the "Investor Relations" section of the Company's website at www.royalbusinessbankusa.com. This webcast will be recorded and available for replay on the Company's website approximately two hours after the conclusion of the conference call.

Corporate Overview

RBB Bancorp is a community-based financial holding company headquartered in Los Angeles, California. As of September 30, 2024, the Company had total assets of $4.0 billion. Its wholly-owned subsidiary, Royal Business Bank, is a full service commercial bank, which provides consumer and business banking services predominantly to the Asian-centric communities in Los Angeles County, Orange County, and Ventura County in California, in Las Vegas, Nevada, in Brooklyn, Queens, and Manhattan in New York, in Edison, New Jersey, in the Chicago neighborhoods of Chinatown and Bridgeport, Illinois, and on Oahu, Hawaii. Bank services include remote deposit, E-banking, mobile banking, commercial and investor real estate loans, business loans and lines of credit, commercial and industrial loans, SBA 7A and 504 loans, 1-4 single family residential loans, trade finance, a full range of depository account products and wealth management services. The Bank has nine branches in Los Angeles County, two branches in Ventura County, one branch in Orange County, California, one branch in Las Vegas, Nevada, three branches and one loan operation center in Brooklyn, three branches in Queens, one branch in Manhattan in New York, one branch in Edison, New Jersey, two branches in Chicago, Illinois, and one branch in Honolulu, Hawaii. The Company's administrative and lending center is located at 1055 Wilshire Blvd., Los Angeles, California 90017, and its finance and operations center is located at 7025 Orangethorpe Ave., Buena Park, California 90621. The Company's website address is www.royalbusinessbankusa.com.

Contacts

Lynn Hopkins, EVP and Chief Financial Officer, (657) 255-3282

FAQ

When will RBB Bancorp (RBB) release Q4 and FY 2024 earnings?

RBB Bancorp will release its Q4 and fiscal year 2024 financial results after market close on January 21, 2025.

What are RBB Bancorp's total assets as of September 2024?

RBB Bancorp reported total assets of $4.0 billion as of September 30, 2024.

How many branches does RBB Bancorp operate across the United States?

RBB Bancorp operates 24 branches across six states, including nine in Los Angeles County, two in Ventura County, one in Orange County, one in Las Vegas, seven in New York, one in New Jersey, two in Chicago, and one in Honolulu.

What banking services does RBB Bancorp offer?

RBB Bancorp offers various services including remote deposit, E-banking, mobile banking, commercial and residential loans, business loans, SBA loans, trade finance, depository accounts, and wealth management services.