RBB Bancorp (RBB) Projected to Post Earnings on Tuesday

RBB Bancorp (NASDAQ:RBB) is projected 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. Individual interested in participating in the company’s earnings conference call can do so using this link.

RBB Bancorp (NASDAQ:RBB) last released its earnings results on Monday, October 21st. The company reported $0.39 earnings per share (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 business had revenue of $60.17 million during the quarter, compared to analyst estimates of $28.17 million. During the same quarter in the prior year, the firm 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 Price Performance

RBB Bancorp stock opened at $20.09 on Monday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.66. RBB Bancorp has a 52-week low of $16.49 and a 52-week high of $25.30. The company has a fifty day simple moving average of $22.29 and a 200-day simple moving average of $22.28. The firm has a market capitalization of $355.39 million, a price-to-earnings ratio of 10.86 and a beta of 0.98.

RBB Bancorp Announces Dividend

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

Insider Activity at RBB Bancorp

In related news, EVP Gary Fan sold 12,000 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $23.45, for a total value of $281,400.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO David Richard Morris sold 9,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 13th. The shares were 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 in the company, valued at approximately $938,900.58. This trade represents a 19.26 % decrease in their position. The disclosure for this sale can be found here. 6.63% of the stock is currently owned by insiders.

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, Korean-American, and other Asian-American communities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit.