RBB Bancorp (NASDAQ:RBB) is scheduled to issue its quarterly earnings data after the market closes on Monday, October 22nd.
RBB Bancorp (NASDAQ:RBB) last announced its quarterly earnings data on Monday, July 23rd. The company reported $0.54 EPS for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.05. RBB Bancorp had a return on equity of 11.69% and a net margin of 31.31%. The firm had revenue of $20.62 million for the quarter. On average, analysts expect RBB Bancorp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NASDAQ:RBB opened at $23.00 on Friday. RBB Bancorp has a 52 week low of $22.50 and a 52 week high of $33.62. The company has a current ratio of 1.15, a quick ratio of 0.95 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $384.99 million, a price-to-earnings ratio of 12.64 and a beta of 0.13.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 2nd. Shareholders of record on Friday, September 28th were given a $0.09 dividend. The ex-dividend date was Thursday, September 27th. This represents a $0.36 dividend on an annualized basis and a yield of 1.57%. RBB Bancorp’s dividend payout ratio is currently 19.78%.
A hedge fund recently raised its stake in RBB Bancorp stock. Bank of New York Mellon Corp raised its holdings in RBB Bancorp (NASDAQ:RBB) by 63.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,708 shares of the company’s stock after purchasing an additional 20,796 shares during the quarter. Bank of New York Mellon Corp owned 0.32% of RBB Bancorp worth $1,725,000 as of its most recent SEC filing. 33.83% of the stock is owned by institutional investors.
Separately, Zacks Investment Research downgraded RBB Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, July 25th.
About RBB Bancorp
RBB Bancorp operates as the bank holding company for Royal Business Bank that provides various banking products and services to the Chinese-American communities. Its deposit products include checking, savings, and money market accounts; and certificates of deposits. The company offers commercial and industrial lines of credit, term loans, mortgage warehouse lines, and international trade discounts; commercial real estate loans; residential construction, commercial construction, and land acquisition and development construction loans; small business administration loans; and single-family residential mortgage loans.
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