RBB Bancorp (NASDAQ:RBB – Get Free Report) announced its quarterly earnings data on Monday. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.38 by $0.01, Briefing.com reports. RBB Bancorp had a net margin of 16.38% and a return on equity of 6.94%. The company had revenue of $60.17 million for the quarter, compared to the consensus estimate of $28.17 million. During the same period in the prior year, the firm posted $0.63 EPS.
RBB Bancorp Price Performance
RBB traded up $0.20 during trading on Wednesday, reaching $23.00. 25,428 shares of the company traded hands, compared to its average volume of 51,589. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.09 and a current ratio of 1.09. RBB Bancorp has a 12-month low of $11.15 and a 12-month high of $24.50. The firm has a fifty day simple moving average of $22.71 and a 200 day simple moving average of $20.30. The company has a market cap of $409.63 million, a P/E ratio of 11.00 and a beta of 0.95.
RBB Bancorp Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st will be issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 2.78%. The ex-dividend date of this dividend is Thursday, October 31st. RBB Bancorp’s dividend payout ratio (DPR) is currently 30.62%.
Analyst Upgrades and Downgrades
View Our Latest Stock Report on RBB Bancorp
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.
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