RBB Bancorp (RBB) boosts Q1 2026 profit, raises margin and declares $0.16 dividend

Rhea-AI Filing Summary

RBB Bancorp reported stronger first quarter 2026 results, with net income of $11.3 million, or $0.66 diluted EPS, up from $10.2 million, or $0.59, in the prior quarter. Net interest income rose to $30.5 million and net interest margin expanded to 3.15% from 2.99%, helped by lower deposit costs and higher loan yields.

Asset quality improved as nonperforming assets fell 9% from the prior quarter to $48.8 million, or 1.16% of total assets, while net charge-offs were effectively zero. Total loans held for investment reached $3.33 billion, and deposits were $3.34 billion, with retail deposit growth offsetting lower wholesale balances.

The board declared a quarterly cash dividend of $0.16 per common share, payable on May 15, 2026 to shareholders of record on April 30, 2026. Return on average assets improved to 1.09% and the efficiency ratio strengthened to 55.41%, indicating better profitability and cost control.

Positive

• Profitability strengthened: Q1 2026 net income rose to $11.3 million with diluted EPS of $0.66, alongside higher ROA of 1.09% and improved efficiency ratio of 55.41%.
• Margin and credit gains: Net interest margin expanded to 3.15%, nonperforming assets fell to 1.16% of total assets, and net charge-offs were effectively zero, indicating healthier core banking performance.

Negative

• None.

Insights

Bank earnings analyst

RBB delivered cleaner margins, better credit, and higher profitability in Q1 2026.

RBB Bancorp grew net income to $11.3 million with diluted EPS of $0.66, while net interest margin widened to 3.15% from 2.99%. The improvement came mainly from a lower total cost of funds and better loan yields, supported by a shift from time deposits into higher-yielding, but cheaper, non-maturity products.

Credit metrics strengthened: nonperforming assets declined to $48.8 million or 1.16% of assets, and net charge-offs were near zero. The allowance for loan losses of $43.7 million covers about 1.31% of loans, with coverage of nonperforming loans near parity, which is conservative for a growing book.

Pre-tax pre-provision income rose to $15.5 million, a 16% increase over the prior quarter, while the efficiency ratio improved to 55.41%. Together with a quarterly dividend of $0.16 per share and tangible common equity to tangible assets of 11.12%, the results point to solid capital, earnings power, and disciplined expense control heading into the rest of 2026.

8-K Event Classification

4 items: 2.02, 7.01, 8.01, 9.01

4 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Net income: $11.3 million Diluted EPS: $0.66 Net interest margin: 3.15% +5 more

8 metrics

Net income $11.3 million For the quarter ended March 31, 2026

Diluted EPS $0.66 Q1 2026 diluted earnings per share

Net interest margin 3.15% Q1 2026, up from 2.99% in Q4 2025

Pre-tax pre-provision income $15.5 million Q1 2026, a 16% increase vs prior quarter

Nonperforming assets $48.8 million 1.16% of total assets at March 31, 2026

Loans held for investment $3.33 billion Outstanding balance at March 31, 2026

Total deposits $3.34 billion As of March 31, 2026

Quarterly dividend $0.16 per share Payable May 15, 2026 to holders on April 30, 2026

Key Terms

Net interest margin, Pre-tax pre-provision income, Nonperforming assets, Allowance for loan losses, +1 more

5 terms

Net interest margin financial

"Net interest margin increased to 3.15%, from 2.99% for the prior quarter"

Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.

Pre-tax pre-provision income financial

"Pre-tax pre-provision income (1) totaled $15.5 million, a 16% increase compared to the prior quarter"

Pre-tax pre-provision income is a banking measure of how much a lender earns from its normal operations before subtracting taxes and the money set aside to cover bad loans. Think of it as a car’s engine power measured before adding safety equipment and fuel costs: it shows the underlying earning strength and how much cushion the bank has to absorb future losses or support dividends. Investors use it to compare core profitability across banks and to judge resilience during credit stress.

Nonperforming assets financial

"Nonperforming assets decreased 9%, to $48.8 million at March 31, 2026"

Nonperforming assets are loans or investments that are not generating expected payments or returns because the borrower has fallen behind on payments or the investment has lost value. They matter to investors because a high level of nonperforming assets can indicate financial trouble for a bank or institution, potentially affecting its stability and profitability.

Allowance for loan losses financial

"The allowance for loan losses as a percentage of loans HFI totaled 1.31% at March 31, 2026"

Allowance for loan losses is money set aside by a bank to cover potential losses if some loans don’t get repaid. It helps the bank stay prepared for bad debts, much like setting aside savings for unexpected expenses. This ensures the bank remains stable even if some borrowers can’t pay back their loans.

Tangible common equity to tangible assets financial

"Tangible common equity to tangible assets ratio was 11.12% at March 31, 2026"

Tangible common equity to tangible assets is a ratio that compares the amount of common shareholders’ capital after removing intangible items (like goodwill) to a company’s physical and financial assets after the same removal. It tells investors how much real, loss‑absorbing capital supports each dollar of tangible assets—think of it as the safety cushion under a car: the thicker the cushion, the more protection against unexpected losses.

Earnings Snapshot

Net income: $11.3 million

Q1 2026

Net income $11.3 million

Diluted EPS $0.66

Net interest margin 3.15%

Pre-tax pre-provision income $15.5 million +16% vs prior quarter

Understanding 8-K Material Events →

false 0001499422 0001499422 2026-04-20 2026-04-20

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 20, 2026

RBB BANCORP

(Exact name of Registrant as Specified in Its Charter)

California	001-38149	27-2776416
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)
1055 Wilshire Blvd., 12th floor, Los Angeles, California		90017
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s Telephone Number, Including Area Code: (213) 627-9888

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12 (b) of the Act:

Title of each class		Trading Symbol(s)		Name of exchange on which registered
Common Stock, No Par Value		RBB		NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On April 20, 2026, RBB Bancorp (the “Company”) issued a press release setting forth the financial results for the quarter ended March 31, 2026, and information relating to the Company’s quarterly conference call and webcast. A copy of this press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

The information furnished under Item 2.02 and Exhibit 99.1 of Item 9.01 of this Current Report on Form 8-K shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such Section, nor shall such information be deemed incorporated by reference into any registration statement or other filings of the Company under the Securities Act of 1933, as amended (the “Securities Act”), except as shall be expressly set for by specific reference in such filing.

Item 7.01 Regulation FD Disclosure.

On April 21, 2026, the Company will hold a conference call to discuss its financial results for the quarter ended March 31, 2026, and other matters relating to the Company. The Company has also made available on its website, www.royalbusinessbankusa.com, presentation materials containing certain historical and forward-looking information relating to the Company (the “Presentation Materials”). The Presentation Materials are furnished as Exhibit 99.2 hereto and are incorporated by reference herein. All information in Exhibit 99.2 is presented as of the particular date or dates referenced therein, and the Company does not undertake any obligation to, and disclaims any duty to, update any of the information provided.

The information furnished under Item 7.01 and Item 9.01 of this Current Report on Form 8-K (including Exhibit 99.2) shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of such Section, nor shall such information be deemed incorporated by reference into any registration statement or other filings of the Company under the Securities Act, except as otherwise expressly stated in such filing.

Item 8.01 Other Events.

On April 20, 2026, RBB Bancorp announced that its Board of Directors declared a cash dividend of $0.16 per share of its common stock, payable on May 15, 2026, to common shareholders of record as of April 30, 2026. A copy of the press release announcing the cash dividend described in this Item 8.01 is attached as Exhibit 99.1 hereto and incorporated by reference herein. The information contained in Exhibit 99.1 shall not be deemed “filed” for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of such Section, nor shall such information and Exhibit be deemed incorporated by reference into any registration statement or other filings of the Company under the Securities Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d)		Exhibits.
99.1		Press Release, dated April 20, 2026, announcing the financial results of RBB Bancorp for the quarter March 31, 2026 and declaration of a quarterly cash dividend of $0.16 per common share
99.2		Presentation Materials
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	RBB BANCORP (Registrant)
Date: April 20, 2026	By:		/s/ Lynn Hopkins
			Lynn Hopkins
			Chief Financial Officer

Exhibit 99.1

RBB Bancorp Reports First Quarter 2026 Earnings and Declares Quarterly Cash Dividend of $0.16 Per Common Share

Los Angeles, CA, April 20, 2026 – 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,” announced financial results for the quarter ended March 31, 2026.

First Quarter 2026 Highlights

	●	Net income totaled $11.3 million, or $0.66 diluted earnings per share
	●	Pre-tax pre-provision income (1) totaled $15.5 million, a 16% increase compared to the prior quarter
	●	Return on average assets of 1.09%, compared to 0.96% for the prior quarter
	●	Net interest margin increased to 3.15%, from 2.99% for the prior quarter
	●	Nonperforming assets decreased 9%, to $48.8 million at March 31, 2026, compared to prior quarter end

● Book value and tangible book value per share⁽¹⁾ increased to $31.10 and $26.84 at March 31, 2026, up from $30.69 and $26.42 at December 31, 2025

The Company reported net income of $11.3 million, or $0.66 diluted earnings per share, for the quarter ended March 31, 2026, compared to net income of $10.2 million, or $0.59 diluted earnings per share, for the quarter ended December 31, 2025. 

“First quarter results represented a strong start to 2026, with higher net interest income, expanding margin and lower credit costs driving net income of $11.3 million, or $0.66 per diluted share,” said Johnny Lee, President and Chief Executive Officer of RBB Bancorp. “Net interest margin increased to 3.15% as declining deposit costs and improved earning asset yields more than offset modest pressure on loan balances. We also continued to make progress on credit quality, with nonperforming assets declining 9% from the prior quarter. Retail deposit growth remained strong, and we believe our continued focus on disciplined loan growth, deposit gathering and resolving problem assets positions us to continue to enhance shareholder value through 2026.”

(1) Reconciliations of the non–U.S. generally accepted accounting principles (“GAAP”) measures are included at the end of this press release.

1

Net Interest Income and Net Interest Margin

Net interest income was $30.5 million for the first quarter of 2026, compared to $29.5 million for the fourth quarter of 2025. Net interest income increased $1.0 million despite 2 fewer days in the current quarter and was comprised of a $1.4 million decrease in interest expense, offset by a $390,000 decrease in interest income. The decrease in interest expense was due mostly to the impact of fewer days in the quarter and a decrease in the cost of interest-bearing liabilities while the average balances remained relatively unchanged quarter over quarter. The decrease in interest expense was comprised of a $3.4 million decrease in interest on time deposits, offset by a $2.0 million increase in interest on non-maturity interest-bearing accounts as a portion of the Bank’s maturing time deposits moved to a high-yield savings product. The decrease in interest income was due mostly to fewer days in the quarter and the impact of a lower yield on cash and securities, offset by the impact of a higher loan yield and a special Federal Home Loan Bank (“FHLB”) dividend in addition to their normal quarterly dividend. The decrease in interest income was comprised of a $509,000 decrease in loan interest income and a $315,000 decrease in interest on cash and investment securities, offset by the FHLB special dividend of $430,000.

The net interest margin (“NIM”) increased 16 basis points to 3.15% for the first quarter of 2026 from 2.99% for the fourth quarter of 2025. The NIM increase included an 8 basis point increase in the yield on average total interest-earning assets and an 8 basis point decrease in the overall cost of funds. The yield on average total interest-earning assets increased to 5.86% for the first quarter of 2026 from 5.78% for the fourth quarter of 2025 due mostly to the impact of a 7 basis point increase in the yield on average loans and a 4 basis point increase from the FHLB special dividend. 

The average total cost of funds decreased to 2.96% for the first quarter of 2026 from 3.04% for the fourth quarter of 2025, due mostly to a 10 basis point decrease in the overall cost of deposits to 2.86% for the first quarter of 2026. The total cost of deposits decreased due to a 12 basis point decrease in the cost of average interest-bearing deposits to 3.39%. Average noninterest-bearing deposits represented approximately 16% of average total deposits for the first quarter of 2026 and fourth quarter of 2025. The period end weighted average interest rate for total deposits was 2.79% at March 31, 2026.

Provision for Credit Losses

The provision for credit losses was a $200,000 reversal for the first quarter of 2026 compared to a $600,000 provision for the fourth quarter of 2025. The first quarter of 2026 reversal of provision for credit losses was supported by paydowns on loans with specific reserves, the impact of stabilized credit quality trends and positive underlying economic forecast indicators, which offset the need for provisions related to new loan originations. Net charge-offs in the first quarter of 2026 represented 0.00% of average loans on an annualized basis, compared to 0.20% for the fourth quarter of 2025.

Noninterest Income

Noninterest income for the first quarter of 2026 was $4.3 million, an increase of $1.4 million from $2.8 million for the fourth quarter of 2025. The increase in noninterest income was mainly due to higher net gain on OREO of $890,000, recoveries of fully charged-off acquired loans of $484,000, and interest income on the tax refunds related to purchased federal tax credits of $360,000, offset partially by lower gain on sale of loans of $133,000. The sale of $4.9 million of mortgage loans and $4.0 million of Small Business Administration (“SBA”) loans resulted in gains of $324,000 for the first quarter of 2026 compared to the sale of mortgage loans of $22.0 million and SBA loans of $2.9 million for gains of $457,000 for the fourth quarter of 2025.

Noninterest Expense

Noninterest expense for the first quarter of 2026 was $19.3 million, an increase of $293,000 from $19.0 million for the fourth quarter of 2025. The increase in noninterest expense was due mainly to higher salaries and employee benefits of $528,000 attributed to higher payroll taxes, benefits and pay increases, which are typically reflected in the first quarter of the year. The efficiency ratio was 55.41% for the first quarter of 2026, compared to 58.69% for the fourth quarter of 2025. The decrease in the efficiency ratio is attributed mostly to higher net revenues.

2

Income Taxes

The effective tax rate was 28.0% for the first quarter of 2026 and 20.2% for the fourth quarter of 2025. The effective tax rate for 2026 is estimated to be 28.0% compared to 24.2% for 2025. The lower effective tax rate in 2025 compared to the estimated effective tax rate for 2026 is expected to result from a reduction in the multi-state blended tax rate year over year and benefits from purchased Federal tax credits recognized in 2025.

Balance Sheet

At March 31, 2026, total assets were $4.2 billion, a $14.0 million decrease compared to total assets of $4.2 billion at December 31, 2025, and a $184.9 million, or 4.6%, increase compared to total assets of $4.0 billion at March 31, 2025.

Loan and Securities Portfolio

Loans held for investment ("HFI") totaled $3.3 billion as of March 31, 2026, an increase of $10.9 million, or 1.3% annualized, compared to December 31, 2025 and an increase of $182.2 million, or 5.8%, compared to March 31, 2025. Net loan growth for the first quarter of 2026 included $131.1 million in originations with an average yield of 6.4% and $53.8 million in advances, offset mostly by payoffs/paydowns of $166.9 million and loans sold of $4.0 million. The loan to deposit ratio was 99.6% at March 31, 2026, compared to 99.0% at December 31, 2025 and 100.0% at March 31, 2025. 

As of March 31, 2026, available for sale securities ("AFS") totaled $415.8 million, an increase of $8.6 million from December 31, 2025, primarily related to purchases of $54.9 million, offset by maturities and paydowns of $45.1 million during the first quarter of 2026. As of March 31, 2026, net unrealized pre-tax losses totaled $20.4 million, a $1.5 million increase due to changes in market interest rates when compared to net unrealized pre-tax losses of $18.9 million as of December 31, 2025.

Deposits

Total deposits were $3.3 billion as of March 31, 2026, a decrease of $10.5 million, or 1.3% annualized, compared to December 31, 2025 and an increase of $197.3 million, or 6.3%, compared to March 31, 2025. The decrease in total deposits during the first quarter of 2026 was due to a $61.9 million decrease in wholesale deposits, offset by a $51.4 million increase in retail deposits. The increase in retail deposits included a $219.4 million increase in non-maturity interest-bearing deposits and a $168.4 million decrease in time deposits as a portion of the Bank’s maturing time deposit accounts shifted into a high-yield savings product. Noninterest-bearing deposits totaled $526.9 million, or 15.8% of total deposits, at March 31, 2026, which is similar to the balances at December 31, 2025, and March 31, 2025.

Credit Quality

Nonperforming assets totaled $48.8 million, or 1.16% of total assets, at March 31, 2026, down from $53.5 million, or 1.27% of total assets, at December 31, 2025, and down from $64.6 million, or 1.61% of total assets, at March 31, 2025. The decrease in nonperforming assets included a decrease of $4.5 million in OREO (included in “accrued interest and other assets”) to $4.3 million at March 31, 2026, compared to $8.8 million at December 31, 2025, and $4.2 million at March 31, 2025. The decrease in OREO was primarily due to the sale of one property. The sale resulted in a $1.2 million gain, which was partially offset by a $350,000 valuation provision on a remaining OREO property. 

Nonperforming loans (“NPLs”) remained stable at $44.6 million, or 1.34% of total loans, at March 31, 2026, down $64,000 from $44.6 million, or 1.35% of total loans, at December 31, 2025 and down $15.8 million, or 26%, from $60.4 million, or 1.92% of total loans, at March 31, 2025. The decrease in NPLs during the first quarter of 2026 was due to $860,000 in payoffs and paydowns and $622,000 in upgrades to accrual status, partially offset by additions of $1.4 million. 

Substandard loans totaled $72.5 million, or 2.18% of total loans, at March 31, 2026, down from $75.2 million, or 2.27% of total loans, at December 31, 2025 and $76.4 million, or 2.43% of total loans, at March 31, 2025. The $2.7 million decrease in substandard loans during the first quarter of 2026 was primarily due to payoffs and paydowns totaling $3.0 million and upgrades to pass-rated loans of $1.1 million, partially offset by downgrades to substandard totaling $1.5 million. Of the total substandard loans outstanding at March 31, 2026, there were $27.9 million, or 39% of such loans, on accrual status.

Special mention loans totaled $24.8 million, or 0.75% of total loans, at March 31, 2026, up from $19.2 million, or 0.58% of total loans, at December 31, 2025, and down from $64.3 million, or 2.05% of total loans, at March 31, 2025. The $5.5 million increase for the first quarter of 2026 was primarily due to downgrades to special mention of $5.8 million, partially offset by paydowns of $303,000. As of March 31, 2026, all special mention loans were paying current.

30-89 day delinquent loans, excluding nonperforming loans, totaled $7.9 million, or 0.24% of total loans, at March 31, 2026, down from $8.8 million, or 0.27% of total loans, at December 31, 2025, and up from $5.9 million, or 0.19% of total loans at March 31, 2025. The $878,000 decrease for the first quarter of 2026 was mainly due to$3.4 million in loans returning to current status and $1.3 million in payoffs and paydowns, offset by $3.7 million in new delinquent loans. 

3

As of March 31, 2026, the allowance for credit losses totaled $44.2 million and was comprised of an allowance for loan losses of $43.7 million and a reserve for unfunded commitments of $484,000 (included in “accrued interest and other liabilities”). This compares to the allowance for credit losses of $44.4 million, comprised of an allowance for loan losses of $43.9 million and a reserve for unfunded commitments of $484,000 at December 31, 2025. The $222,000 decrease in the allowance for credit losses for the first quarter of 2026 was due to a $200,000 reversal of provision for credit losses and net charge-offs of $22,000. The allowance for loan losses as a percentage of loans HFI totaled 1.31% at March 31, 2026, compared to 1.32% at December 31, 2025. The allowance for loan losses as a percentage of nonperforming loans HFI was 97.98% at March 31, 2026, down from 98.33% at December 31, 2025. 

		For the Three Months Ended March 31, 2026
(dollars in thousands)		Allowance for loan losses				Reserve for unfunded loan commitments				Allowance for credit losses
Beginning balance		$	43,888			$	484			$	44,372
Reversal of provision for credit losses			(200	)			—				(200	)
Less loans charged-off			(27	)			—				(27	)
Recoveries on loans charged-off			5				—				5
Ending balance		$	43,666			$	484			$	44,150

Shareholders' Equity

At March 31, 2026, total shareholders' equity was $531.1 million, a $7.6 million increase compared to December 31, 2025, and a $20.7 million increase compared to March 31, 2025. The increase in shareholders' equity for the first quarter of 2026 was due mostly to net income of $11.3 million, offset by common stock cash dividends paid of $2.8 million and higher net unrealized losses on AFS securities of $961,000. 

Dividend Announcement

The Board of Directors has declared a quarterly cash dividend of $0.16 per common share. The dividend is payable on May 15, 2026 to shareholders of record on April 30, 2026.

Contact:

Lynn Hopkins, Chief Financial Officer

(213) 716-8066

lhopkins@rbbusa.com

4

Corporate Overview

RBB Bancorp is a community-based financial holding company headquartered in Los Angeles, California. As of March 31, 2026, the Company had total assets of $4.2 billion. Its wholly-owned subsidiary, Royal Business Bank, is a full service commercial bank, which provides consumer and business banking services predominately 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 operations center is located at 7025 Orangethorpe Ave., Buena Park, California 90621. The Company's website address is www.royalbusinessbankusa.com.

Conference Call

Management will hold a conference call at 11:00 a.m. Pacific time/2:00 p.m. Eastern time on Tuesday, April 21, 2026, to discuss the Company’s first quarter 2026 financial results.

To listen to the conference call, please dial 1-888-506-0062 or 1-973-528-0011, the Participant ID code is 715551, conference ID RBBQ126. A replay of the call will be made available at 1-877-481-4010 or 1-919-882-2331, the passcode is 53853, approximately one hour after the conclusion of the call and will remain available through May 5, 2026.

The conference call will also be simultaneously webcast over the Internet; please visit our Royal Business Bank website at www.royalbusinessbankusa.com and click on the “Investors” tab to access the call from the site. This webcast will be recorded and available for replay on our website approximately two hours after the conclusion of the conference call.

Disclosure

This press release contains certain non-GAAP financial disclosures, which the Company uses to provide meaningful supplemental information regarding the Company’s operational performance and to enhance investors’ overall understanding of such financial performance. Please refer to the tables at the end of this press release for a presentation of performance ratios in accordance with GAAP and a reconciliation of the non-GAAP financial measures to the GAAP financial measures.

5

Safe Harbor

Certain matters set forth herein (including the exhibits hereto) constitute forward-looking statements relating to the Company’s current business plans and expectations and our future financial position and operating results. These forward-looking statements are subject to risks and uncertainties that could cause actual results, performance and/or achievements to differ materially from those projected. These risks and uncertainties include, but are not limited to, business and economic conditions generally and in the financial services industry, nationally and within our current and future geographic markets, including the tight labor market, ineffective management of the United States (“U.S.”) federal budget or debt or turbulence or uncertainly in domestic or foreign financial markets; the strength of the U.S. economy in general and the strength of the local economies in which we conduct operations; adverse developments in the banking industry highlighted by high-profile bank failures and the potential impact of such developments on customer confidence, liquidity and regulatory responses to these developments; federal government shutdowns and uncertainty regarding the federal government’s debt limit; possible additional provisions for credit losses and charge-offs; credit risks of lending activities and deterioration in asset or credit quality; extensive laws and regulations and supervision that we are subject to, including potential supervisory action by bank supervisory authorities; compliance with the Bank Secrecy Act and other money laundering statutes and regulations; potential goodwill impairment; liquidity risk; failure to comply with debt covenants; risks associated with acquisitions and the expansion of our business into new markets; inflation and deflation; real estate market conditions and the value of real estate collateral; the effects of having concentrations in our loan portfolio, including commercial real estate and the risks of geographic and industry concentrations; environmental liabilities; our ability to compete with larger competitors; our ability to retain key personnel; successful management of reputational risk; severe weather, natural disasters, earthquakes, fires, or other adverse external events could harm our business; geopolitical conditions, including acts or threats of terrorism, actions taken by the U.S. or other governments in response to acts or threats of terrorism and/or military conflicts, including the war between Russia and Ukraine, conflict in the Middle East, and increasing tensions between China and Taiwan, which could impact business and economic conditions in the U.S. and abroad; tariffs, trade policies, and related tensions, which could impact our clients, specific industry sectors, and/or broader economic conditions and financial market; public health crises and pandemics, and their effects on the economic and business environments in which we operate, including our credit quality and business operations, as well as the impact on general economic and financial market conditions; general economic or business conditions in Asia, and other regions where the Bank has operations; failures, interruptions, or security breaches of our information systems; climate change, including any enhanced regulatory, compliance, credit and reputational risks and costs; cybersecurity threats and the cost of defending against them; our ability to adapt our systems to the expanding use of technology in banking; risk management processes and strategies; the impact of regulatory enforcement actions, if any; certain provisions in our charter and bylaws that may affect acquisition of the Company; changes in tax laws and regulations; the impact of governmental efforts to restructure the U.S. financial regulatory system and increased costs of compliance and other risks associated with changes in regulation, including any amendments to the Dodd-Frank Wall Street Reform and Consumer Protection Act; the impact of changes in the Federal Deposit Insurance Corporation ("FDIC") insurance assessment rate and the rules and regulations related to the calculation of the FDIC insurance assessments; the effect of changes in accounting policies and practices or accounting standards, as may be adopted from time-to-time by bank regulatory agencies, the U.S. Securities and Exchange Commission ("SEC"), the Public Company Accounting Oversight Board, the Financial Accounting Standards Board (FASB) or other accounting standards setters; fluctuations in the Company’s stock price; restrictions on dividends and other distributions by laws and regulations and by our regulators and our capital structure; our ability to raise additional capital, if needed, and the potential resulting dilution of interests of holders of our common stock; the soundness of other financial institutions; our ongoing relations with our various federal and state regulators, including the SEC, FDIC, Federal Reserve Bank, California Department of Financial Protection and Innovation, and Consumer Financial Protection Bureau; our success at managing the risks involved in the foregoing items and all other factors set forth in the Company’s public reports, including its Annual Report as filed under Form 10-K for the year ended December 31, 2025, and particularly the discussion of risk factors within that document. The Company does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences or unanticipated events or circumstances after the date of such statements except as required by law. Any statements about future operating results, such as those concerning accretion and dilution to the Company’s earnings or shareholders, are for illustrative purposes only, are not forecasts, and actual results may differ.

6

RBB BANCORP AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

(Dollars in thousands)

		March 31,				December 31,				September 30,				June 30,				March 31,
		2026				2025				2025				2025				2025
Assets
Cash and due from banks		$	23,893			$	27,086			$	24,251			$	27,338			$	25,315
Interest-earning deposits with financial institutions			173,017				185,231				210,679				164,514				213,508
Cash and cash equivalents			196,910				212,317				234,930				191,852				238,823
Interest-earning time deposits with financial institutions			600				600				600				600				600
Investment securities available for sale			415,789				407,204				410,631				413,142				378,188
Investment securities held to maturity			4,182				4,184				4,185				4,186				5,188
Loans held for sale			—				2,067				756				—				655
Loans held for investment			3,325,232				3,314,301				3,302,577				3,234,695				3,143,063
Allowance for loan losses			(43,666	)			(43,888	)			(44,892	)			(51,014	)			(51,932	)
Net loans held for investment			3,281,566				3,270,413				3,257,685				3,183,681				3,091,131
Premises and equipment, net			23,204				23,540				23,851				23,945				24,308
Federal Home Loan Bank (FHLB) stock			15,000				15,000				15,000				15,000				15,000
Cash surrender value of bank owned life insurance			62,403				61,972				61,538				61,111				60,699
Goodwill			71,498				71,498				71,498				71,498				71,498
Servicing assets			5,834				6,041				6,252				6,482				6,766
Core deposit intangibles			1,204				1,338				1,495				1,667				1,839
Right-of-use assets			22,601				23,026				24,305				25,554				26,779
Accrued interest and other assets			93,521				109,094				95,729				91,322				87,926
Total assets		$	4,194,312			$	4,208,294			$	4,208,455			$	4,090,040			$	4,009,400
Liabilities and shareholders' equity
Deposits:
Noninterest-bearing demand		$	526,882			$	526,538			$	550,488			$	543,885			$	528,205
Savings, NOW and money market accounts			1,175,735				956,299				721,697				691,679				721,216
Time deposits, $250,000 and under			863,717				974,670				1,119,258				1,010,674				1,000,106
Time deposits, greater than $250,000			773,550				892,891				975,054				941,993				893,101
Total deposits			3,339,884				3,350,398				3,366,497				3,188,231				3,142,628
FHLB advances			130,000				130,000				130,000				180,000				160,000
Long-term debt, net of issuance costs			120,000				119,911				119,815				119,720				119,624
Subordinated debentures			15,429				15,375				15,320				15,265				15,211
Lease liabilities - operating leases			24,379				24,800				26,066				27,294				28,483
Accrued interest and other liabilities			33,566				44,400				36,422				41,877				33,148
Total liabilities			3,663,258				3,684,884				3,694,120				3,572,387				3,499,094
Shareholders' equity:
Common stock			251,050				250,694				250,362				259,863				260,284
Additional paid-in capital			3,649				3,941				3,734				3,579				3,360
Retained earnings			290,566				282,024				274,608				270,152				263,885
Non-controlling interest			72				72				72				72				72
Accumulated other comprehensive loss, net			(14,283	)			(13,321	)			(14,441	)			(16,013	)			(17,295	)
Total shareholders' equity			531,054				523,410				514,335				517,653				510,306
Total liabilities and shareholders’ equity		$	4,194,312			$	4,208,294			$	4,208,455			$	4,090,040			$	4,009,400

7

RBB BANCORP AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

(In thousands, except share and per share data) 

		For the Three Months Ended
		March 31, 2026				December 31, 2025				March 31, 2025
Interest and dividend income:
Interest and fees on loans		$	49,938			$	50,447			$	45,621
Interest on interest-earning deposits			1,883				2,027				2,014
Interest on investment securities			3,969				4,140				4,136
Dividend income on FHLB stock			760				331				330
Interest on federal funds sold and other			253				248				235
Total interest and dividend income			56,803				57,193				52,336
Interest expense:
Interest on savings deposits, NOW and money market accounts			7,347				5,316				4,468
Interest on time deposits			16,221				19,588				19,084
Interest on long-term debt and subordinated debentures			1,599				1,623				1,632
Interest on FHLB advances			1,133				1,158				989
Total interest expense			26,300				27,685				26,173
Net interest income before provision for credit losses			30,503				29,508				26,163
(Reversal of)/provision for credit losses			(200	)			600				6,746
Net interest income after (reversal of)/provision for credit losses			30,703				28,908				19,417
Noninterest income:
Service charges and fees			1,032				1,011				1,017
Gain on sale of loans			324				457				81
Loan servicing fees, net of amortization			504				556				588
Increase in cash surrender value of life insurance			431				435				403
Gain on OREO			890				—				—
Other income			1,070				348				206
Total noninterest income			4,251				2,807				2,295
Noninterest expense:
Salaries and employee benefits			11,261				10,733				10,643
Occupancy and equipment expenses			2,511				2,435				2,407
Data processing			1,708				1,750				1,602
Legal and professional			1,503				1,601				1,515
Office expenses			359				477				408
Marketing and business promotion			215				202				197
Insurance and regulatory assessments			749				753				730
Core deposit premium			134				156				172
Other expenses			818				858				848
Total noninterest expense			19,258				18,965				18,522
Income before income taxes			15,696				12,750				3,190
Income tax expense			4,396				2,573				900
Net income		$	11,300			$	10,177			$	2,290
Net income per share
Basic		$	0.66			$	0.60			$	0.13
Diluted		$	0.66			$	0.59			$	0.13
Cash dividends declared per common share		$	0.16			$	0.16			$	0.16
Weighted-average common shares outstanding
Basic			17,063,757				17,049,834				17,727,712
Diluted			17,174,526				17,140,478				17,770,588

8

RBB BANCORP AND SUBSIDIARIES

AVERAGE BALANCE SHEET AND NET INTEREST INCOME

(Unaudited)

		For the Three Months Ended
		March 31, 2026												December 31, 2025												March 31, 2025
		Average				Interest				Yield /				Average				Interest				Yield /				Average				Interest				Yield /
(tax-equivalent basis, dollars in thousands)		Balance				& Fees				Rate				Balance				& Fees				Rate				Balance				& Fees				Rate
Interest-earning assets
Cash and cash equivalents (1)		$	215,930			$	2,136				4.01	%		$	209,899			$	2,275				4.30	%		$	194,236			$	2,249				4.70	%
FHLB Stock			15,000				760				20.55	%			15,000				331				8.75	%			15,000				330				8.92	%
Securities
Available for sale (2)			404,610				3,955				3.96	%			399,805				4,127				4.10	%			390,178				4,113				4.28	%
Held to maturity (2)			4,183				38				3.68	%			4,184				38				3.60	%			5,189				49				3.83	%
Total loans (3)			3,296,165				49,938				6.14	%			3,295,603				50,447				6.07	%			3,079,224				45,621				6.01	%
Total interest-earning assets			3,935,888			$	56,827				5.86	%			3,924,491			$	57,218				5.78	%			3,683,827			$	52,362				5.76	%
Total noninterest-earning assets			268,010												264,604												260,508
Total average assets		$	4,203,898											$	4,189,095											$	3,944,335
Interest-bearing liabilities
NOW		$	73,637				398				2.19	%		$	78,039			$	456				2.32	%		$	61,222			$	321				2.13	%
Money market			529,013				3,795				2.91	%			525,828				3,987				3.01	%			463,443				3,625				3.17	%
Savings deposits			441,123				3,154				2.90	%			191,841				873				1.81	%			155,116				522				1.36	%
Time deposits, $250,000 and under			926,226				8,313				3.64	%			1,044,315				9,927				3.77	%			989,622				10,046				4.12	%
Time deposits, greater than $250,000			845,786				7,908				3.79	%			972,354				9,661				3.94	%			864,804				9,038				4.24	%
Total interest-bearing deposits			2,815,785				23,568				3.39	%			2,812,377				24,904				3.51	%			2,534,207				23,552				3.77	%
FHLB advances			130,000				1,133				3.53	%			130,000				1,158				3.53	%			176,833				989				2.27	%
Long-term debt			119,945				1,289				4.36	%			119,848				1,295				4.29	%			119,562				1,295				4.39	%
Subordinated debentures			15,394				310				8.17	%			15,339				328				8.48	%			15,175				337				9.01	%
Total borrowings			265,339				2,732				4.18	%			265,187				2,781				4.16	%			311,570				2,621				3.41	%
Total interest-bearing liabilities			3,081,124				26,300				3.46	%			3,077,564				27,685				3.57	%			2,845,777				26,173				3.73	%
Noninterest-bearing liabilities
Noninterest-bearing deposits			526,151												531,017												520,145
Other noninterest-bearing liabilities			67,241												61,320												66,151
Total noninterest-bearing liabilities			593,392												592,337												586,296
Shareholders' equity			529,382												519,194												512,262
Total liabilities and shareholders' equity		$	4,203,898											$	4,189,095											$	3,944,335
Net interest income / interest rate spreads						$	30,527				2.40	%						$	29,533				2.21	%						$	26,189				2.03	%
Net interest margin											3.15	%											2.99	%											2.88	%
Total cost of deposits		$	3,341,936			$	23,568				2.86	%		$	3,343,394			$	24,904				2.96	%		$	3,054,352			$	23,552				3.13	%
Total cost of funds		$	3,607,275			$	26,300				2.96	%		$	3,608,581			$	27,685				3.04	%		$	3,365,922			$	26,173				3.15	%

(1) Includes income and average balances for interest-earning time deposits and other miscellaneous interest-earning assets.

(2) Interest income and average rates for tax-exempt securities are presented on a tax-equivalent basis.

(3) Average loan balances relate to loans held for investment and loans held for sale and include nonaccrual loans. Interest income on loans includes the effects of discount accretion and net deferred loan origination fees and costs accounted for as yield adjustments.

9

RBB BANCORP AND SUBSIDIARIES

SELECTED FINANCIAL HIGHLIGHTS

(Unaudited)

		At or for the Three Months Ended
		March 31,				December 31,				March 31,
		2026				2025				2025
Per share data (common stock)
Book value		$	31.10			$	30.69			$	28.77
Tangible book value (1)		$	26.84			$	26.42			$	24.63
Performance ratios
Return on average assets, annualized			1.09	%			0.96	%			0.24	%
Return on average shareholders' equity, annualized			8.66	%			7.78	%			1.81	%
Return on average tangible common equity, annualized (1)			10.04	%			9.05	%			2.12	%
Noninterest income to average assets, annualized			0.41	%			0.27	%			0.24	%
Noninterest expense to average assets, annualized			1.86	%			1.80	%			1.90	%
Yield on average earning assets			5.86	%			5.78	%			5.76	%
Yield on average loans			6.14	%			6.07	%			6.01	%
Cost of average total deposits (2)			2.86	%			2.96	%			3.13	%
Cost of average interest-bearing deposits			3.39	%			3.51	%			3.77	%
Cost of average interest-bearing liabilities			3.46	%			3.57	%			3.73	%
Net interest spread			2.40	%			2.21	%			2.03	%
Net interest margin			3.15	%			2.99	%			2.88	%
Efficiency ratio (3)			55.41	%			58.69	%			65.09	%
Common stock dividend payout ratio			24.24	%			26.67	%			123.08	%

(1)	Non-GAAP measure. See Non–GAAP reconciliations set forth at the end of this press release.
(2)	Total deposits include noninterest-bearing deposits and interest-bearing deposits.

(3) Ratio calculated by dividing noninterest expense by the sum of net interest income before (reversal of)/provision for credit losses and noninterest income.

10

RBB BANCORP AND SUBSIDIARIES

SELECTED FINANCIAL HIGHLIGHTS

(Unaudited)

(Dollars in thousands)

		At or for the quarter ended
		March 31,				December 31,				March 31,
		2026				2025				2025
Credit Quality Data:
Special mention loans		$	24,778			$	19,237			$	64,279
Special mention loans to total loans HFI			0.75	%			0.58	%			2.05	%
Substandard loans HFI		$	72,494			$	75,175			$	76,372
Substandard loans HFI to total loans HFI			2.18	%			2.27	%			2.43	%
Loans 30-89 days past due, excluding nonperforming loans		$	7,911			$	8,789			$	5,927
Loans 30-89 days past due, excluding nonperforming loans, to total loans			0.24	%			0.27	%			0.19	%
Nonperforming loans HFI		$	44,568			$	44,632			$	60,380
OREO			4,268				8,830				4,170
Nonperforming assets		$	48,836			$	53,462			$	64,550
Nonperforming loans to total loans HFI			1.34	%			1.35	%			1.92	%
Nonperforming assets to total assets			1.16	%			1.27	%			1.61	%
Allowance for loan losses		$	43,666			$	43,888			$	51,932
Allowance for loan losses to total loans HFI			1.31	%			1.32	%			1.65	%
Allowance for loan losses to nonperforming loans HFI			97.98	%			98.33	%			86.01	%
Net charge-offs		$	22			$	1,624			$	2,643
Net charge-offs to average loans			0.00	%			0.20	%			0.35	%
Capital ratios (1)
Tangible common equity to tangible assets (2)			11.12	%			10.90	%			11.10	%
Tier 1 leverage ratio			11.77	%			11.60	%			12.07	%
Tier 1 common capital to risk-weighted assets			17.85	%			17.49	%			17.87	%
Tier 1 capital to risk-weighted assets			18.41	%			18.06	%			18.45	%
Total capital to risk-weighted assets			24.20	%			23.83	%			24.42	%

(1)	March 31, 2026 capital ratios are preliminary.
(2)	Non-GAAP measure. See non-GAAP reconciliations set forth at the end of this press release.

11

RBB BANCORP AND SUBSIDIARIES

SELECTED FINANCIAL HIGHLIGHTS

(Unaudited)

Loan Portfolio Detail		As of March 31, 2026						As of December 31, 2025								As of March 31, 2025
(dollars in thousands)		$			%			$				%				$				%
Loans:
Single-family residential mortgages		$	1,682,728		50.6	%		$	1,655,382				50.0	%		$	1,545,822				49.2	%
Commercial real estate (1)			1,274,105		38.3	%			1,303,019				39.3	%			1,245,402				39.6	%
Construction and land development			159,292		4.8	%			155,464				4.7	%			158,883				5.1	%
Commercial and industrial			152,911		4.6	%			140,061				4.2	%			135,538				4.3	%
SBA			52,279		1.6	%			55,978				1.7	%			50,651				1.6	%
Other loans			3,917		0.1	%			4,397				0.1	%			6,767				0.2	%
Total loans held for investment		$	3,325,232		100.0	%		$	3,314,301				100.0	%		$	3,143,063				100.0	%
Allowance for loan losses			(43,666)						(43,888	)							(51,932	)
Total loans held for investment, net		$	3,281,566					$	3,270,413							$	3,091,131

(1) Includes non-farm and non-residential loans, multi-family residential loans and non-owner occupied single family residential loans.

Deposits		As of March 31, 2026					As of December 31, 2025								As of March 31, 2025
(dollars in thousands)		$			%		$				%				$				%
Deposits:
Noninterest-bearing demand		$	526,882		15.8%		$	526,538				15.7	%		$	528,205				16.8	%
Savings, NOW and money market accounts			1,175,735		35.2%			956,299				28.6	%			721,216				22.9	%
Time deposits, $250,000 and under			740,429		22.2%			790,225				23.6	%			863,962				27.5	%
Time deposits, greater than $250,000			733,046		21.9%			851,637				25.4	%			870,708				27.8	%
Wholesale deposits (1)			163,792		4.9%			225,699				6.7	%			158,537				5.0	%
Total deposits		$	3,339,884		100.0%		$	3,350,398				100.0	%		$	3,142,628				100.0	%

(1) Includes brokered deposits, collateralized deposits from the State of California, and deposits acquired through internet listing services.

12

Non-GAAP Reconciliations

Tangible Book Value Reconciliations

Tangible book value per share is a non-GAAP disclosure. Management measures tangible book value per share to assess the Company’s capital strength and business performance and believes this is helpful to investors as additional tools for further understanding our performance. The following is a reconciliation of tangible book value to the Company shareholders’ equity computed in accordance with GAAP, as well as a calculation of tangible book value per share as of the dates indicated.

(dollars in thousands, except share and per share data)		March 31, 2026				December 31, 2025				March 31, 2025
Tangible common equity:
Total shareholders' equity		$	531,054			$	523,410			$	510,306
Adjustments
Goodwill			(71,498	)			(71,498	)			(71,498	)
Core deposit intangible			(1,204	)			(1,338	)			(1,839	)
Tangible common equity		$	458,352			$	450,574			$	436,969
Tangible assets:
Total assets-GAAP		$	4,194,312			$	4,208,294			$	4,009,400
Adjustments
Goodwill			(71,498	)			(71,498	)			(71,498	)
Core deposit intangible			(1,204	)			(1,338	)			(1,839	)
Tangible assets		$	4,121,610			$	4,135,458			$	3,936,063
Common shares outstanding			17,074,159				17,057,397				17,738,628
Common equity to assets ratio			12.66	%			12.44	%			12.73	%
Tangible common equity to tangible assets ratio			11.12	%			10.90	%			11.10	%
Book value per share		$	31.10			$	30.69			$	28.77
Tangible book value per share		$	26.84			$	26.42			$	24.63

Return on Average Tangible Common Equity

Management measures return on average tangible common equity (“ROATCE”) to assess the Company’s capital strength and business performance and believes this is helpful to investors as an additional tool for further understanding our performance. Tangible equity excludes goodwill and other intangible assets (excluding mortgage servicing rights) and is reviewed by banking and financial institution regulators when assessing a financial institution’s capital adequacy. This non-GAAP financial measure should not be considered a substitute for operating results determined in accordance with GAAP and may not be comparable to other similarly titled measures used by other companies. The following table reconciles ROATCE to its most comparable GAAP measure:

		Three Months Ended
(dollars in thousands)		March 31, 2026				December 31, 2025				March 31, 2025
Net income available to common shareholders		$	11,300			$	10,177			$	2,290
Average shareholders' equity			529,382				519,194				512,262
Adjustments:
Average goodwill			(71,498	)			(71,498	)			(71,498	)
Average core deposit intangible			(1,288	)			(1,440	)			(1,951	)
Adjusted average tangible common equity		$	456,596			$	446,256			$	438,813
Return on average common equity, annualized			8.66	%			7.78	%			1.81	%
Return on average tangible common equity, annualized			10.04	%			9.05	%			2.12	%

13

Pre-Tax Pre-Provision Income

Management believes that pre-tax pre-provision (“PTPP”) income is a useful measure for investors to evaluate core operating performance, excluding the volatility of credit provision expenses. PTPP income is calculated by subtracting noninterest expense from the sum of net interest income and noninterest income, as shown in the following table.

		Three Months Ended
(dollars in thousands)		March 31, 2026				December 31, 2025				March 31, 2025
Net interest income before provision for credit losses		$	30,503			$	29,508			$	26,163
Add: Noninterest income			4,251				2,807				2,295
Less: Noninterest expense			(19,258	)			(18,965	)			(18,522	)
Pre-tax pre-provision income		$	15,496			$	13,350			$	9,936

14

Exhibit 99.2

FAQ

How did RBB (RBB) perform financially in the first quarter of 2026?

RBB posted net income of $11.3 million, or $0.66 diluted EPS, for Q1 2026. Profitability improved as net interest margin rose to 3.15% and return on average assets reached 1.09%, reflecting better spread income and cost control.

What dividend did RBB (RBB) declare for the first quarter of 2026?

RBB’s board declared a quarterly cash dividend of $0.16 per common share. The dividend is payable on May 15, 2026 to shareholders of record as of April 30, 2026, continuing the bank’s regular cash return to shareholders.

How did RBB’s asset quality and credit metrics trend in Q1 2026?

Asset quality improved, with nonperforming assets down to $48.8 million or 1.16% of total assets. Net charge-offs were near zero, and the allowance for loan losses stood at $43.7 million, or 1.31% of loans held for investment.

What happened to RBB’s net interest income and margin in Q1 2026?

Net interest income increased to $30.5 million, up from $29.5 million in the prior quarter. Net interest margin widened from 2.99% to 3.15%, as lower deposit costs and higher loan yields improved the bank’s spread.

How are RBB’s loans and deposits positioned as of March 31, 2026?

Loans held for investment totaled $3.33 billion and deposits were $3.34 billion at March 31, 2026. Retail deposits grew while wholesale deposits declined, and the loan-to-deposit ratio was about 99.6%, indicating a fully deployed balance sheet.

What are RBB’s key capital and book value metrics after Q1 2026?

Total shareholders’ equity reached $531.1 million, with a tangible common equity to tangible assets ratio of 11.12%. Book value per share was $31.10 and tangible book value per share was $26.84, both higher than a year earlier.

Filing Exhibits & Attachments

6 documents

Press Releases

• EX-99.1 EXHIBIT 99.1 768.2 KB
• EX-99.2 EXHIBIT 99.2 11.6 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.5 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 11.5 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 15.5 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 11.7 KB