RBB Bancorp (NASDAQ:RBB) will issue its quarterly earnings data after the market closes on Monday, October 22nd.
RBB Bancorp (NASDAQ:RBB) last released its quarterly earnings data on Monday, July 23rd. The company reported $0.54 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.05. RBB Bancorp had a net margin of 31.31% and a return on equity of 11.69%. The company had revenue of $20.62 million during 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 $23.30 on Monday. RBB Bancorp has a 1 year low of $22.99 and a 1 year high of $33.62. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.95 and a current ratio of 1.15. The company has a market capitalization of $405.34 million, a price-to-earnings ratio of 12.80 and a beta of 0.15.
The company also recently announced a quarterly dividend, which was paid on Tuesday, October 2nd. Shareholders of record on Friday, September 28th were paid a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 1.55%. The ex-dividend date of this dividend was Thursday, September 27th. RBB Bancorp’s dividend payout ratio is presently 19.78%.
Separately, Zacks Investment Research cut shares of RBB Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, July 25th.
An institutional investor recently raised its position in RBB Bancorp stock. Bank of New York Mellon Corp grew its stake in shares of RBB Bancorp (NASDAQ:RBB) by 63.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 53,708 shares of the company’s stock after buying an additional 20,796 shares during the quarter. Bank of New York Mellon Corp owned 0.32% of RBB Bancorp worth $1,725,000 at the end of the most recent quarter. 33.83% of the stock is owned by institutional investors.
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.
Featured Story: Call Option
Receive News & Ratings for RBB Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RBB Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.