RBB Bancorp (RBB) to Release Earnings on Tuesday

RBB Bancorp (NASDAQ:RBB) is anticipated to post its quarterly earnings results after the market closes on Tuesday, January 21st. Analysts expect RBB Bancorp to post earnings of $0.36 per share and revenue of $28,116.00 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

RBB Bancorp (NASDAQ:RBB) last released its quarterly earnings results on Monday, October 21st. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01. RBB Bancorp had a net margin of 14.50% and a return on equity of 5.94%. The business had revenue of $60.17 million during the quarter, compared to the consensus estimate of $28.17 million. During the same quarter last year, the company earned $0.63 earnings per share. On average, analysts expect RBB Bancorp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

RBB Bancorp Stock Up 0.1 %

RBB stock opened at $20.09 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.66. RBB Bancorp has a twelve month low of $16.49 and a twelve month high of $25.30. The firm has a 50 day simple moving average of $22.29 and a 200-day simple moving average of $22.26. The company has a market capitalization of $355.39 million, a P/E ratio of 10.86 and a beta of 0.98.

RBB Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, February 12th. Investors of record on Friday, January 31st will be paid a $0.16 dividend. The ex-dividend date is Friday, January 31st. This represents a $0.64 annualized dividend and a dividend yield of 3.19%. RBB Bancorp’s payout ratio is 34.59%.

Insider Transactions at RBB Bancorp

In other news, EVP Gary Fan sold 12,000 shares of the stock in a transaction on Friday, December 6th. The stock was sold at an average price of $23.45, for a total transaction of $281,400.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO David Richard Morris sold 9,000 shares of the stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $24.89, for a total value of $224,010.00. Following the sale, the chief executive officer now owns 37,722 shares in the company, valued at $938,900.58. The trade was a 19.26 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 6.63% of the company’s stock.

RBB Bancorp Company Profile

RBB Bancorp operates as the bank holding company for Royal Business Bank that provides various banking products and services to the Chinese-American, Korean-American, and other Asian-American communities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit.