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

RBB Bancorp (NASDAQ:RBB) is projected to issue its quarterly earnings data 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 earnings per share (EPS) for the quarter, beating 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 company had revenue of $60.17 million during the quarter, compared to analysts’ expectations of $28.17 million. During the same period last year, the company posted $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 Stock Up 3.3 %

NASDAQ RBB traded up $0.63 during trading hours on Wednesday, reaching $19.97. 26,536 shares of the company’s stock traded hands, compared to its average volume of 35,504. RBB Bancorp has a 52-week low of $16.49 and a 52-week high of $25.30. The firm has a market cap of $353.33 million, a PE ratio of 10.79 and a beta of 0.98. The firm has a 50-day simple moving average of $22.46 and a 200 day simple moving average of $22.24. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.11 and a quick ratio of 1.11.

RBB Bancorp Dividend Announcement

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

Insider Buying and Selling at RBB Bancorp

In other RBB Bancorp 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 transaction of $281,400.00. The transaction was disclosed in a document filed 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 shares were sold at an average price of $24.89, for a total transaction of $224,010.00. Following the sale, the chief executive officer now 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 company 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.