RBB Bancorp (RBB) Expected to Announce Earnings on Tuesday

RBB Bancorp (NASDAQ:RBB) will likely be posting 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 that are interested in registering for the company’s earnings conference call can do so using this link.

RBB Bancorp (NASDAQ:RBB) last posted its quarterly earnings data 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. The business had revenue of $60.17 million during the quarter, compared to the consensus estimate of $28.17 million. RBB Bancorp had a return on equity of 5.94% and a net margin of 14.50%. During the same period last year, the company 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 Stock Up 0.1 %

NASDAQ:RBB opened at $20.09 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a 50-day simple moving average of $22.29 and a 200 day simple moving average of $22.26. The company has a market cap of $355.39 million, a PE ratio of 10.86 and a beta of 0.98. RBB Bancorp has a 52-week low of $16.49 and a 52-week high of $25.30.

RBB Bancorp Dividend Announcement

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

Insider Buying and Selling at RBB Bancorp

In other news, EVP Gary Fan sold 12,000 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The stock was 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 is available through this hyperlink. Also, CEO David Richard Morris sold 9,000 shares of RBB Bancorp stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $24.89, for a total value of $224,010.00. Following the sale, the chief executive officer now directly owns 37,722 shares of the company’s stock, valued at approximately $938,900.58. The trade was a 19.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 6.63% of the company’s stock.

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.