Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
26 July 2017Next earnings report:
22 January 2025Last dividends:
31 October 2024Next dividends:
N/APrice
after hours | Wed, 20 Nov 2024 21:02:48 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
RBB Latest News
RBB Bancorp (NASDAQ:RBB ) Q3 2024 Earnings Conference Call October 22, 2024 2:00 PM ET Company Participants Catherine Wei - IR David Morris - Chief Executive Officer Johnny Lee - President Lynn Hopkins - Chief Financial Officer Jeffrey Yeh - Chief Credit Officer Gary Fan - Chief Administrative Officer Vincent Liu - Chief Risk Officer Conference Call Participants Brendan Nosal - Hovde Group Matthew Clark - Piper Sandler Kelly Motta - KBW Andrew Terrell - Stephens Operator Good day, and welcome to the RBB Bancorp's Q3 2024 Earnings Call. [Operator Instructions] I would now like to turn the call over to Rebecca [indiscernible].
While the top- and bottom-line numbers for RBB (RBB) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
RBB (RBB) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.63 per share a year ago.
LOS ANGELES, Oct. 21, 2024 (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,” announced financial results for the quarter ended September 30, 2024.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for RBB (RBB), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
RBB (RBB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
RBB (RBB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
RBB Bancorp said on Thursday a consent order against the community bank issued by U.S. regulators in October 2023 has been terminated.
LOS ANGELES, Aug. 22, 2024 (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,” announced that on August 21, 2024, the Federal Deposit Insurance Corporation (the “FDIC”) and the California Department of Financial Protection and Innovation (the “DFPI”) terminated the Consent Order issued to the Bank that was effective October 25, 2023. The termination of the Consent Order follows the Bank's successful resolution of the deficiencies in the Bank's Anti-Money Laundering/Countering the Financing of Terrorism (“BSA/CFT”) compliance program that was the subject of the order.
After losing some value lately, a hammer chart pattern has been formed for RBB (RBB), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
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What type of business is 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, Korean-American, and other Asian-American communities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit. The company also offers commercial and industrial lines of credit, term loans, mortgage warehouse lines, and international trade discounts; commercial real estate loans; residential, commercial, and land acquisition and development construction loans; small business administration loans; and single-family residential mortgage loans. In addition, it provides international letters of credit, SWIFT, export advisory, trade finance discount, and foreign exchange services; and remote deposit, e-banking, and mobile banking services. The company serves individuals, businesses, municipalities, and other entities. It operates branches in the Western region with branches in Los Angeles County, California; Orange County, California; Ventura County, California; Clark County, Nevada; Honolulu, Hawaii, as well as in Eastern region with branches in Manhattan, Brooklyn and Queens, New York; Chicago, Illinois; and Edison, New Jersey. RBB Bancorp was founded in 2008 and is headquartered in Los Angeles, California.
What sector is RBB Bancorp in?
RBB Bancorp is in the Financial Services sector
What industry is RBB Bancorp in?
RBB Bancorp is in the Banks - Regional industry
What country is RBB Bancorp from?
RBB Bancorp is headquartered in United States
When did RBB Bancorp go public?
RBB Bancorp initial public offering (IPO) was on 26 July 2017
What is RBB Bancorp website?
https://www.royalbusinessbankusa.com
Is RBB Bancorp in the S&P 500?
No, RBB Bancorp is not included in the S&P 500 index
Is RBB Bancorp in the NASDAQ 100?
No, RBB Bancorp is not included in the NASDAQ 100 index
Is RBB Bancorp in the Dow Jones?
No, RBB Bancorp is not included in the Dow Jones index
When was RBB Bancorp the previous earnings report?
No data
When does RBB Bancorp earnings report?
The next expected earnings date for RBB Bancorp is 22 January 2025