RBB Bancorp (RBB) Income Statement Analysis

See more : PCSB Financial Corporation (PCSB) Income Statement Analysis – Financial Results

Complete financial analysis of RBB Bancorp (RBB) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of RBB Bancorp, a leading company in the Banks – Regional industry within the Financial Services sector.

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RBB Bancorp (RBB)

Industry: Banks - Regional

Sector: Financial Services

Website: https://www.royalbusinessbankusa.com

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. 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 primarily offers its products and services to individuals, businesses, municipalities, and other entities. As of December 31, 2021, it operated 23 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.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	134.27M	159.85M	143.01M	118.71M	115.04M	91.29M	73.28M	65.28M	43.34M	38.91M	30.47M	20.30M
Cost of Revenue	3.33M	0.00	0.00	0.00	0.00	1.36M	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	130.94M	159.85M	143.01M	118.71M	115.04M	89.93M	73.28M	65.28M	43.34M	38.91M	30.47M	20.30M
Gross Profit Ratio	97.52%	100.00%	100.00%	100.00%	100.00%	98.51%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	41.88M	39.89M	41.92M	41.15M	38.77M	27.42M	18.44M	17.28M	13.77M	12.78M	3.92M	1.83M
Selling & Marketing	1.13M	1.58M	1.16M	751.00K	1.31M	1.14M	837.00K	542.00K	475.00K	317.00K	261.67K	232.17K
SG&A	43.02M	41.47M	43.08M	41.90M	40.07M	28.56M	18.44M	17.83M	14.24M	13.09M	15.87M	11.15M
Other Expenses	91.26M	-89.58M	-105.15M	-113.16M	-99.79M	-48.64M	-30.07M	-38.83M	-28.67M	-29.91M	0.00	0.00
Operating Expenses	134.27M	-48.11M	-62.07M	-71.25M	-59.71M	-20.08M	-11.63M	-21.01M	-14.43M	-16.82M	18.15M	13.26M
Cost & Expenses	134.27M	-48.11M	-62.07M	-71.25M	-59.71M	-20.08M	-11.63M	-21.01M	-14.43M	-16.82M	18.15M	13.26M
Interest Income	220.02M	180.03M	146.19M	138.55M	140.65M	101.47M	73.63M	67.39M	42.04M	37.86M	0.00	0.00
Interest Expense	101.86M	31.42M	22.72M	34.37M	44.86M	23.65M	13.94M	11.71M	6.94M	4.52M	0.00	0.00
Depreciation & Amortization	0.00	8.25M	8.31M	3.40M	3.30M	1.56M	1.04M	1.12M	1.02M	919.00K	-13.20M	-8.11M
EBITDA	0.00	102.37M	93.44M	54.30M	62.09M	51.34M	49.17M	33.93M	22.99M	18.27M	-883.98K	-1.07M
EBITDA Ratio	0.00%	76.80%	66.06%	46.57%	49.40%	78.36%	84.61%	69.91%	69.05%	59.13%	-2.90%	-5.26%
Operating Income	60.21M	111.74M	80.94M	47.46M	55.32M	69.85M	61.65M	44.28M	28.91M	22.09M	13.20M	8.11M
Operating Income Ratio	44.84%	69.90%	56.60%	39.98%	48.09%	76.52%	84.13%	67.82%	66.70%	56.77%	43.32%	39.95%
Total Other Income/Expenses	32.00K	-6.49M	-5.33M	-7.55M	-6.72M	-6.76M	-4.39M	167.00K	-3.29M	-2.84M	-2.29M	-1.07M
Income Before Tax	60.25M	91.35M	80.94M	47.46M	55.32M	46.21M	46.80M	32.57M	21.97M	17.57M	12.31M	7.04M
Income Before Tax Ratio	44.87%	57.14%	56.60%	39.98%	48.09%	50.61%	63.86%	49.89%	50.69%	45.15%	40.42%	34.69%
Income Tax Expense	17.78M	27.02M	24.03M	14.53M	16.11M	9.68M	21.27M	13.49M	9.00M	7.14M	5.31M	2.99M
Net Income	42.47M	64.33M	56.91M	32.93M	39.21M	36.53M	25.53M	19.08M	12.97M	10.43M	7.00M	4.05M
Net Income Ratio	31.63%	40.24%	39.79%	27.74%	34.08%	40.01%	34.83%	29.23%	29.94%	26.80%	22.99%	19.93%
EPS	2.24	3.37	2.92	1.66	1.96	2.13	1.81	1.49	1.02	0.66	0.59	0.45
EPS Diluted	2.24	3.33	2.86	1.65	1.92	2.03	1.68	1.39	0.96	0.66	0.59	0.45
Weighted Avg Shares Out	18.97M	19.10M	19.42M	19.76M	20.02M	17.15M	14.08M	12.80M	12.76M	15.69M	11.96M	9.07M
Weighted Avg Shares Out (Dil)	18.99M	19.33M	19.83M	19.92M	20.39M	17.97M	15.24M	13.70M	13.55M	15.69M	11.87M	8.99M

RBB Bancorp Reports Second Quarter 2023 Earnings

July 24, 2023businesswire.com

LOS ANGELES--(BUSINESS WIRE)--RBB Bancorp (NASDAQ:RBB) and its subsidiaries, Royal Business Bank (“the Bank”) and RBB Asset Management Company (“RAM”), collectively referred to herein as “the Company,” announced financial results for the quarter ended June 30, 2023. The Company reported net...

RBB Bancorp Declares Quarterly Cash Dividend of $0.16 Per Share

July 20, 2023businesswire.com

LOS ANGELES--(BUSINESS WIRE)--RBB Bancorp (NASDAQ: RBB) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", announced that its Board of Directors has declared a quarterly cash dividend of...

RBB Bancorp: Oversold, Strong Deposit Base, 5% Yield

July 16, 2023seekingalpha.com

RBB is a smaller California-based regional bank that has gotten caught in the industry sell-off. The firm's deposit base is still growing, and earnings are holding up fine. RBB has had significant changes in the management team, investors should take...

RBB Bancorp to Report Second Quarter 2023 Financial Results

July 11, 2023businesswire.com

LOS ANGELES--(BUSINESS WIRE)--RBB Bancorp (NASDAQ: RBB) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company," today announced that it will release financial results for its second quarter ended...

RBB (RBB) Surges 6.1%: Is This an Indication of Further Gains?

July 10, 2023zacks.com

RBB (RBB) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Is the Options Market Predicting a Spike in RBB Bancorp (RBB) Stock?

June 15, 2023zacks.com

Investors need to pay close attention to RBB Bancorp (RBB) stock based on the movements in the options market lately.

RBB (RBB) Q1 Earnings and Revenues Lag Estimates

April 24, 2023zacks.com

RBB (RBB) came out with quarterly earnings of $0.58 per share, missing the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.74 per share a year ago.

RBB Bancorp (RBB) Q4 2022 Earnings Call Transcript

January 24, 2023seekingalpha.com

RBB Bancorp (NASDAQ:RBB ) Q4 2022 Earnings Conference Call January 24, 2023 2:00 PM ET Company Participants Catherine Wei - Investor Relations David Morris - President, Chief Executive Officer and CFO Shalom Chang - Senior Vice President and CAO Gary...

RBB (RBB) Q4 Earnings and Revenues Lag Estimates

January 23, 2023zacks.com

RBB (RBB) delivered earnings and revenue surprises of -1.08% and 2.72%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?