RBB Bancorp (OQ:RBB)

Sector:  Financials Industry:  Banks
 
See Regulatory Filings on SEC
Company Contact
Address: 1055 Wilshire Boulevard, Suite 1200
LOS ANGELES CA 90017
Tel: N/A
Website: https://ir.rbbusa.com
IR: See website
<
Key People
Johnny Lee
President, Chief Banking Officer of Company and the Bank
David R. Morris
Chief Executive Officer, Director
Lynn M. Hopkins
Chief Financial Officer, Interim Executive Vice President
Gary Fan
Executive Vice President and Chief Administrative Officer of the Company and the Bank
I-Ming Liu
Executive Vice President and Chief Risk Officer of the Company and the Bank
Ashley Chang
Executive Vice President and Branch Administrator of the Bank
Tsu Te Huang
Executive Vice President and Branch Administrator/Director of Prestige Banking of the Bank
Jeffrey Yeh
Executive Vice President and Chief Credit Officer of the Company and the Bank
 
Business Overview
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 products and services predominantly to the Asian-American communities. 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, and mobile banking. It operates 24 branches across two separate regions: the Western region with branches in Los Angeles County, California; Orange County, California; Ventura County, California; Clark County, Nevada; and Honolulu, Hawaii; and the Eastern region with branches in Manhattan, Brooklyn and Queens, New York; Chicago, Illinois and Edison, New Jersey.
Financial Overview
For the fiscal year ended 31 December 2023, RBB Bancorp interest income increased 22% to $221.1M. Net interest income after loan loss provision decreased 20% to $115.9M. Net income applicable to common stockholders decreased 34% to $42.5M. Net interest income after loan loss provision reflects Net Interest Margin - Total - % decrease of 21% to 3.16%, Net Interest Spread - Total - % decrease of 35% to 2.3%.
Employees: 376 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $18.35M as of Dec 31, 2023
Annual revenue (TTM): $221.15M as of Dec 31, 2023
EBITDA (TTM): $77.65M as of Dec 31, 2023
Net annual income (TTM): $42.47M as of Dec 31, 2023
Free cash flow (TTM): $38.48M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 18,621,781 as of Mar 8, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.