RBB Bancorp (RBB) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $24.16 to $25.09
• 50-Day Range: $21.72 to $24.83
• 52-Week Range: $14.84 to $25.30
• Volume: 48,212 shs
• Average Volume: 50,602 shs
• Market Capitalization: $431.46 million
• P/E Ratio: 13.18
• Dividend Yield: 2.62%
• Price Target: $20.88
• Consensus Rating: Hold

RBB Bancorp Stock Analysis - MarketRank™

RBB Bancorp scored higher than 52% of companies evaluated by MarketBeat, and ranked 638th out of 963 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

RBB Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

RBB Bancorp has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 8.23%

Earnings Growth

Earnings for RBB Bancorp are expected to grow by 8.23% in the coming year, from $1.58 to $1.71 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of RBB Bancorp is 13.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.87.

Price to Earnings Ratio vs. Sector

The P/E ratio of RBB Bancorp is 13.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 26.17.

Price to Book Value per Share Ratio

RBB Bancorp has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.08% of the float of RBB Bancorp has been sold short.

Short Interest Ratio / Days to Cover

RBB Bancorp has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in RBB Bancorp has recently increased by 32.26%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

RBB Bancorp pays a meaningful dividend of 2.62%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

RBB Bancorp does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of RBB Bancorp is 34.59%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, RBB Bancorp will have a dividend payout ratio of 37.43% next year. This indicates that RBB Bancorp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.08% of the float of RBB Bancorp has been sold short.

Short Interest Ratio / Days to Cover

RBB Bancorp has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in RBB Bancorp has recently increased by 32.26%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.03

News Sentiment

RBB Bancorp has a news sentiment score of 0.03. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for RBB Bancorp this week, compared to 2 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, RBB Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $224,010.00 in company stock.

Percentage Held by Insiders

Only 6.63% of the stock of RBB Bancorp is held by insiders.

Percentage Held by Institutions

40.14% of the stock of RBB Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RBB Stock Analysis - Frequently Asked Questions

How have RBB shares performed this year?

RBB Bancorp's stock was trading at $19.04 on January 1st, 2024. Since then, RBB stock has increased by 28.1% and is now trading at $24.39.
View the best growth stocks for 2024 here.

How were RBB Bancorp's earnings last quarter?

RBB Bancorp (NASDAQ:RBB) posted its earnings results on Monday, October, 21st. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.01. The company earned $60.17 million during the quarter, compared to analysts' expectations of $28.17 million. RBB Bancorp had a net margin of 14.50% and a trailing twelve-month return on equity of 5.94%.

When did RBB Bancorp IPO?

RBB Bancorp (RBB) raised $69 million in an initial public offering (IPO) on Wednesday, July 26th 2017. The company issued 3,000,000 shares at a price of $22.00-$24.00 per share. Sandler O’Neill, Keefe, Bruyette & Woods (A Stifel Company) and Stephens served as the underwriters for the IPO and FIG Partners was co-manager.

Who are RBB Bancorp's major shareholders?

RBB Bancorp's top institutional investors include Geode Capital Management LLC (1.98%), State Street Corp (1.83%), Hotchkis & Wiley Capital Management LLC (0.95%) and Empowered Funds LLC (0.30%). Insiders that own company stock include James Kao, Yee Phong Thian, Lee Joyce Wong, David Richard Morris, Vincent Liu, Scott Polakoff, Simon Pang and Tammy Song.
View institutional ownership trends.

How do I buy shares of RBB Bancorp?

Shares of RBB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of RBB Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that RBB Bancorp investors own include Tesla (TSLA), NVIDIA (NVDA), Meta Platforms (META), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), Netflix (NFLX) and Alphabet (GOOG).

Company Calendar

• Last Earnings: 10/21/2024
• Ex-Dividend for 11/12 Dividend: 10/31/2024
• Dividend Payable: 11/12/2024
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/27/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:RBB
• CUSIP: N/A
• CIK: 1499422
• Web: www.royalbusinessbankusa.com
• Phone: (213) 627-9888
• Fax: N/A
• Employees: 360
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $20.88
• High Stock Price Target: $22.00
• Low Stock Price Target: $20.00
• Potential Upside/Downside: -14.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.85
• Trailing P/E Ratio: 13.18
• Forward P/E Ratio: 15.44
• P/E Growth: N/A
• Net Income: $42.47 million
• Net Margins: 14.50%
• Pretax Margin: 20.14%
• Return on Equity: 5.94%
• Return on Assets: 0.77%

Debt

• Debt-to-Equity Ratio: 0.66
• Current Ratio: 1.11
• Quick Ratio: 1.09

Sales & Book Value

• Annual Sales: $236.17 million
• Price / Sales: 1.83
• Cash Flow: $2.29 per share
• Price / Cash Flow: 10.65
• Book Value: $28.81 per share
• Price / Book: 0.85

Miscellaneous

• Outstanding Shares: 17,690,000
• Free Float: 16,520,000
• Market Cap: $431.46 million
• Optionable: Optionable
• Beta: 0.95