RBB Bancorp (RBB) Expected to Announce Quarterly Earnings on Tuesday

RBB Bancorp (NASDAQ:RBB) is anticipated to announce its earnings results after the market closes on Tuesday, January 21st. Analysts expect the company to announce earnings of $0.36 per share and revenue of $28,116.00 billion for the quarter.

RBB Bancorp (NASDAQ:RBB) last issued its quarterly earnings results on Monday, October 21st. The company reported $0.39 EPS 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 firm had revenue of $60.17 million for the quarter, compared to analyst estimates of $28.17 million. During the same quarter in the prior year, the firm earned $0.63 EPS. 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 Trading Up 3.3 %

Shares of RBB stock traded up $0.63 on Wednesday, hitting $19.97. 26,536 shares of the company’s stock traded hands, compared to its average volume of 35,504. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.11 and a current ratio of 1.11. RBB Bancorp has a one year low of $16.49 and a one year high of $25.30. The company’s fifty day simple moving average is $22.46 and its 200 day simple moving average is $22.24. The stock has a market capitalization of $353.33 million, a price-to-earnings ratio of 10.79 and a beta of 0.98.

RBB Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Thursday, October 31st were issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 3.20%. The ex-dividend date was Thursday, October 31st. RBB Bancorp’s dividend payout ratio is currently 34.59%.

Insider Activity at RBB Bancorp

In other news, EVP Gary Fan sold 12,000 shares of the firm’s stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $23.45, for a total value of $281,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO David Richard Morris sold 9,000 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $24.89, for a total transaction of $224,010.00. Following the completion of the sale, the chief executive officer now directly owns 37,722 shares of the company’s stock, valued at approximately $938,900.58. This represents a 19.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 6.63% of the stock is owned by insiders.

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.