RBB Bancorp RBB

FinancialsBanking ServicesUnited States of America

Last close 25.55 USD on Nov 1, 2026, +27.1% year to date

Quant rating

Quant rating C Rank 442 of 799 in Financials

Growth D 562 of 799
Valuation B 247 of 799
Quality C 450 of 799
Revisions C 511 of 799
Momentum C 336 of 799

Wall Street consensus Hold (2.80)Average target 28.90 USD +13.1%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 430M
Enterprise value: 501M
52-week range: 18.43 – 28.23
3-year range: 11.60 – 28.23
Dividend yield: 2.50%
Beta (5 years): 1.05
Shares outstanding: 16.8M
Next earnings: Jan 25, 2027

About the company

RBB Bancorp is a bank holding company. The Company's principal business is to serve as the holding company for its wholly owned banking subsidiaries, Royal Business Bank (the Bank) and RBB Asset Management Company (RAM). The Bank provides business-banking and consumer products and services to Asian-centric communities through full-service branches located in Los Angeles County, Orange County and Ventura County in California, Las Vegas (Nevada), the New York City metropolitan areas, Chicago (Illinois), Edison (New Jersey) and Honolulu (Hawaii). The products and services include commercial and investor real estate loans, business loans and lines of credit, Small Business Administration (SBA) 7A and 504 loans, mortgage loans, trade finance and a full range of depository accounts, including specialized services such as remote deposit, e-banking, mobile banking, and treasury management services. It operates banking offices in Arcadia, Cerritos, Diamond Bar, Irvine, and others.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	221	217	221	181	147	–
Revenue growth	2.1%	−2.0%	22.2%	23.1%	5.7%	9.7%
EPS (basic, normalized)	1.83	1.47	2.24	3.34	3.07	–
EPS growth	24.5%	−34.2%	−33.0%	8.8%	32.7%	−4.5%
Gross margin	–	–	–	–	–	–
Net margin	14.4%	12.3%	19.2%	35.5%	38.6%	24.0%
ROE	6.2%	5.2%	7.7%	13.2%	12.8%	9.0%

Balance sheet, last quarter
Cash & short-term investments (mil)	–
Tier 1 risk-adjusted capital ratio	18.6%
Long-term debt (mil)	95.5
Net debt (mil)	–
Total equity (mil)	534
Net debt / equity	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			Book value per share			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	P/B	Mean est.	Growth	P/E
2025 actual	221	+2.1%	2.3x	30.68	+5.7%	0.8x	1.83	+24.5%	14.0x
2026	136	−38.4%	3.7x	32.27	+5.2%	0.8x	2.56	+39.9%	10.0x
2027	142	+4.2%	3.5x	34.11	+5.7%	0.7x	2.41	−5.8%	10.6x
2028	148	+4.1%	3.4x	36.47	+6.9%	0.7x	2.62	+8.5%	9.8x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	136	−0.1%	−0.2%	−0.3%	2.56	+5.9%	+5.7%	+11.2%
2027	142	−1.1%	−1.5%	−2.3%	2.41	−3.1%	−3.9%	−0.7%
2028	148	−3.1%	–	–	2.62	+0.3%	–	–

Earnings surprises EPS beat in 4 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	28.2	26.9	30.3	28.7	28.5	35.8	32.6	32.3	34.8	33.1
Sales mean (mil)	27.6	27.4	28.4	28.1	28.9	29.6	31.7	33.2	32.6	33.1
Surprise	+2.2%	−1.8%	+6.8%	+2.1%	−1.6%	+20.9%	+2.7%	−2.7%	+6.5%	+0.1%
EPS reported	0.43	0.39	0.39	0.25	0.13	0.52	0.59	0.59	0.66	0.59
EPS mean	0.34	0.34	0.38	0.36	0.38	0.36	0.41	0.49	0.45	0.53
Surprise	+27.9%	+14.6%	+2.6%	−29.9%	−65.8%	+43.7%	+43.6%	+20.5%	+45.2%	+10.4%

Peer comparison Banking Services

Peers in the same industry group, by market capitalization
Company	Market cap	Tier 1 ratio	Net margin	Deposits/loans	FY1 P/E	FY2 P/E	FY1 P/B	FY2 P/B
RBB RBB Bancorp	430M	18.6%	14.4%	1.02x	10.0x	10.6x	0.8x	0.7x
EWBC East West Bancorp, Inc.	17.9B	15.4%	30.9%	1.20x	12.1x	11.1x	1.9x	1.7x
ZION Zions Bancorporation, National Association	9.5B	11.9%	21.1%	1.26x	8.4x	9.4x	1.2x	1.1x
COLB Columbia Banking System Inc	8.5B	11.7%	18.9%	1.15x	10.0x	9.2x	1.1x	1.1x
WAL Western Alliance Bancorporation	8.2B	12.0%	20.4%	1.33x	8.5x	7.1x	1.1x	0.9x
GBCI Glacier Bancorp Inc	6.3B	13.0%	18.4%	1.19x	16.1x	13.5x	1.4x	1.3x
Mean		13.8%	20.7%	1.19x	10.9x	10.2x	1.3x	1.2x
Median		12.5%	19.6%	1.19x	10.0x	10.0x	1.2x	1.1x

Technical analysis

1M−2.4%
3M−2.6%
1Y+36.5%
3Y+147.1%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, RBB Bancorp, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Interest income	221	217	221	181	147	139
Total interest expense	109	117	102	31.4	22.7	34.4
Net interest income	112	99.4	119	150	124	105
Loan loss provision	10.4	9.9	3.4	4.7	−0.1	−0.1
Net interest income after loan loss provision	102	89.5	116	145	124	105
Non-interest income	16.9	15.3	15.0	11.1	18.7	14.0
Non-interest expense	−76.7	−69.2	−70.7	−64.5	−62.2	−71.3
Net income before taxes	42.1	35.7	60.2	91.3	80.9	47.5
Provision for taxes	10.2	9.0	17.8	27.0	24.0	14.5
Minority interest & equity in affiliates	–	–	–	–	–	–
Other	0	0	0	0	0	0
Net income before extraordinary items	31.9	26.7	42.5	64.3	56.9	32.9
Extraordinary items	–	–	–	–	0	0
Net income	31.9	26.7	42.5	64.3	56.9	32.9
Basic weighted average shares (mil)	17.4	18.1	19.0	19.1	19.4	19.8
Diluted weighted average shares (mil)	17.5	18.2	19.0	19.3	19.8	19.9
Basic EPS excluding extraordinary items	1.83	1.47	2.24	3.37	2.92	1.67
Basic EPS, normalized	1.83	1.47	2.24	3.34	3.07	2.31

Balance sheet in millions of USD, fiscal years

Balance sheet, RBB Bancorp, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & due from banks	27.1	27.7	431	83.5	501	138
Other earning assets	702	743	400	335	645	376
Net loans	3,270	3,006	2,990	3,295	2,898	2,677
Property, plant & equipment	46.6	52.6	55.5	52.5	49.7	27.1
Goodwill	71.5	71.5	71.5	71.5	69.2	69.2
Intangibles	12.9	9.0	10.9	13.2	15.6	19.2
Long-term investments	–	–	–	–	–	–
Other long-term assets	16.3	19.1	15.8	17.0	4.9	2.5
Other assets	61.2	64.5	50.6	50.5	44.0	40.6
Total assets	4,208	3,992	4,026	3,919	4,228	3,350
Liabilities
Accounts payable	43.9	35.7	24.1	20.8	14.0	16.4
Payable/accrued	–	–	–	–	–	–
Accrued expenses	24.8	29.7	31.2	26.5	23.3	–
Total deposits	3,350	3,084	3,175	2,978	3,386	2,635
Other bearing liabilities	130	200	150	220	150	150
Short-term borrowings	–	–	–	–	–	–
Current portion of long-term debt	–	–	–	–	–	–
Long-term debt	135	135	134	188	188	119
Minority interest	0.1	0.1	0.1	0.1	0.1	0.1
Other liabilities	0.5	0.7	0.6	1.2	1.2	1.4
Total liabilities	3,685	3,485	3,515	3,435	3,762	2,922
Shareholders' equity
Preferred stock	0	0	–	0	0	0
Common stock	251	260	272	277	282	284
Additional paid-in capital	3.9	3.6	3.6	3.4	4.6	4.9
Retained earnings (accumulated deficit)	282	264	255	226	181	138
Treasury stock	–	–	–	–	–	–
Other equity	−13.3	−20.3	−19.5	−21.7	−1.7	1.1
Total equity	523	508	511	484	467	428
Total liabilities & shareholders' equity	4,208	3,992	4,026	3,919	4,228	3,350

Cash flow statement in millions of USD, fiscal years

Cash flow statement, RBB Bancorp, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	31.9	26.7	42.5	64.3	56.9	32.9
Depreciation, depletion & amortization	3.7	4.2	4.6	5.9	8.3	7.8
Deferred taxes	−0.6	−2.9	0.2	−2.2	−1.1	−3.0
Non-cash items	−5.7	0.3	2.2	6.7	5.8	−7.5
Changes in working capital	14.1	30.2	1.8	19.2	132	94.3
Cash from operations	43.4	58.5	51.3	93.8	202	125
Investing activities
Capital expenditures	−0.8	−0.8	−0.7	−2.1	−2.0	−4.2
Other investing cash flows	−259	−160	244	−258	−502	−442
Cash from investing	−260	−160	243	−260	−504	−446
Financing activities
Financing cash flow items	196	−41.2	127	−419	751	348
Cash dividends paid	−11.3	−11.7	−12.2	−10.7	−9.9	−6.6
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−13.6	−18.8	−61.5	−14.3	61.0	−7.1
Cash from financing	171	−71.7	53.2	−444	802	334
Foreign exchange effects	–	–	–	–	–	–
Net change in cash	−45.4	−174	348	−611	500	12.9
Free cash flow	42.6	57.7	50.6	91.7	200	120

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.