NASDAQ:RBBRBB Bancorp Stock Price, Forecast & News

$12.40

-0.43 (-3.35 %)

(As of 06/2/2020 04:00 PM ET)

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Today's Range

$12.35

Now: $12.40▼

$13.08

50-Day Range

$11.25

MA: $12.60▼

$14.75

52-Week Range

$10.61

Now: $12.40▼

$21.90

Volume65,600 shs

Average Volume67,919 shs

Market Capitalization$247.38 million

P/E Ratio7.13

Dividend Yield1.94%

Beta0.94

RBB Bancorp operates as the bank holding company for Royal Business Bank that provides various banking products and services to the Chinese-American communities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit. The company offers commercial and industrial lines of credit, term loans, mortgage warehouse lines, and international trade discounts; commercial real estate loans; residential construction, commercial construction, 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 trust, remote deposit, e-banking, and mobile banking services, as well as operates a loan production office in California. The company primarily offers its products and services to individuals, businesses, municipalities, and other entities. As of March 26, 2019, it operated 10 branches in Los Angeles County; 2 branches in Ventura County; 1 branch in Irvine, California; 1 branch in Las Vegas, Nevada; and 9 branches and 2 loan offices in Brooklyn, Queens, and Manhattan in New York. RBB Bancorp was founded in 2008 and is headquartered in Los Angeles, California.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

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, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $17.00, RBB Bancorp has a potential upside of 37.1% from its current price of $12.40.
Amount of Analyst Coverage
RBB Bancorp has only been the subject of 1 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
RBB Bancorp has received 152 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
RBB Bancorp has received 184 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
RBB Bancorp has received 54.76% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about RBB Bancorp and other stocks. Vote “Outperform” if you believe RBB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe RBB will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
RBB Bancorp is a leading dividend payer. It pays a dividend yield of 1.94%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
RBB Bancorp has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of RBB Bancorp is 12.31 %. 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 14.37 % next year. This indicates that RBB Bancorp will be able to sustain or increase its dividend.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, RBB Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $406,775.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 20.66% of the stock of RBB Bancorp is held by insiders.
Percentage Held by Institutions
Only 31.74% of the stock of RBB Bancorp is held by institutions.

3.1 Earnings and Valuation

Earnings Growth
Earnings for RBB Bancorp are expected to grow by 30.47% in the coming year, from $1.28 to $1.67 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of RBB Bancorp is 7.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of RBB Bancorp is 7.13, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.32.
Price to Book Value per Share Ratio
RBB Bancorp has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.95 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:RBB

Previous Symbol

CUSIPN/A

CIK1499422

Webwww.royalbusinessbankusa.com

Phone213-627-9888

Debt

Debt-to-Equity Ratio0.66

Current Ratio1.15

Quick Ratio1.13

Price-To-Earnings

Trailing P/E Ratio7.13

Forward P/E Ratio9.69

P/E GrowthN/A

Sales & Book Value

Annual Sales$160.04 million

Price / Sales1.55

Cash Flow$2.22 per share

Price / Cash Flow5.58

Book Value$20.35 per share

Price / Book0.61

Profitability

EPS (Most Recent Fiscal Year)$1.95

Net Income$39.21 million

Net Margins22.62%

Return on Equity9.06%

Return on Assets1.26%

Miscellaneous

Employees365

Outstanding Shares19,950,000

Market Cap$247.38 million

Next Earnings Date7/27/2020 (Estimated)

OptionableNot Optionable

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RBB Bancorp (NASDAQ:RBB) Frequently Asked Questions

How has RBB Bancorp's stock been impacted by COVID-19 (Coronavirus)?

RBB Bancorp's stock was trading at $13.45 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, RBB shares have decreased by 7.8% and is now trading at $12.40. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of RBB Bancorp?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RBB Bancorp in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for RBB Bancorp.

When is RBB Bancorp's next earnings date?

RBB Bancorp is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for RBB Bancorp.

How were RBB Bancorp's earnings last quarter?

RBB Bancorp (NASDAQ:RBB) posted its earnings results on Monday, April, 20th. The company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.46 by $0.11. The company had revenue of $28.21 million for the quarter, compared to analysts' expectations of $29.68 million. RBB Bancorp had a net margin of 22.62% and a return on equity of 9.06%. View RBB Bancorp's earnings history.

How often does RBB Bancorp pay dividends? What is the dividend yield for RBB Bancorp?

RBB Bancorp announced a quarterly dividend on Monday, April 20th. Stockholders of record on Thursday, April 30th will be paid a dividend of $0.06 per share on Wednesday, May 13th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date of this dividend is Wednesday, April 29th. View RBB Bancorp's dividend history.

What price target have analysts set for RBB?

2 analysts have issued 12-month price targets for RBB Bancorp's stock. Their forecasts range from $13.00 to $21.00. On average, they expect RBB Bancorp's share price to reach $17.00 in the next year. This suggests a possible upside of 37.1% from the stock's current price. View analysts' price targets for RBB Bancorp.

Has RBB Bancorp been receiving favorable news coverage?

News articles about RBB stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. RBB Bancorp earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutRBB Bancorp.

Are investors shorting RBB Bancorp?

RBB Bancorp saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 53,100 shares, a decrease of 10.2% from the April 30th total of 59,100 shares. Based on an average trading volume of 69,200 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.4% of the company's stock are short sold. View RBB Bancorp's Current Options Chain.

Who are some of RBB Bancorp's key competitors?

Some companies that are related to RBB Bancorp include First Busey (BUSE), Southside Bancshares (SBSI), Veritex (VBTX), S & T Bancorp (STBA), 1st Source (SRCE), Oritani Financial (ORIT), TriCo Bancshares (TCBK), Carolina Financial (CARO), German American Bancorp. (GABC), Great Western Bancorp (GWB), Stock Yards Bancorp (SYBT), Enterprise Financial Services (EFSC), FB Financial (FBK), First Bancorp (FBNC) and Republic Bancorp, Inc. KY (RBCAA). View all competitors.

What other stocks do shareholders of RBB Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other RBB Bancorp investors own include AT&T (T), Enterprise Products Partners (EPD), KeyCorp (KEY), PacWest Bancorp (PACW), Pfizer (PFE), Wells Fargo & Co (WFC), AbbVie (ABBV), Carnival (CCL), Canadian Natural Resources (CNQ) and CVS Health (CVS).

Who are RBB Bancorp's key executives?

RBB Bancorp's management team includes the following people:

Mr. Yee Phong Thian, Chairman, Pres & CEO (Age 66)
Mr. David Richard Morris, Exec. VP & CFO (Age 58)
Mr. Simon C. Pang, Exec. VP & Chief Strategy Officer (Age 63)
Mr. Larsen Lee, Exec. VP & Director of Mortgage Lending (Age 58)
Ms. Pei-Chin Huang, Sec. & Director (Age 63)

When did RBB Bancorp IPO?

(RBB) raised $69 million in an initial public offering on Wednesday, July 26th 2017. The company issued 3,000,000 shares at $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.

What is RBB Bancorp's stock symbol?

RBB Bancorp trades on the NASDAQ under the ticker symbol "RBB."

Who are RBB Bancorp's major shareholders?

RBB Bancorp's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.54%), State Street Corp (1.45%), Alliancebernstein L.P. (1.38%), Geode Capital Management LLC (1.04%), Bank of New York Mellon Corp (0.71%) and Polaris Capital Management LLC (0.56%). Company insiders that own RBB Bancorp stock include Chie-Min Christopher Koo, James Kao, Peter M Chang, Tsu Te Huang, Wilson Mach and Yee Phong Thian. View institutional ownership trends for RBB Bancorp.

Which major investors are selling RBB Bancorp stock?

RBB stock was sold by a variety of institutional investors in the last quarter, including Basswood Capital Management L.L.C., Polaris Capital Management LLC, Morgan Stanley, Mackay Shields LLC, WINTON GROUP Ltd, Squarepoint Ops LLC, State Street Corp, and UBS Group AG. View insider buying and selling activity for RBB Bancorp.

Which major investors are buying RBB Bancorp stock?

RBB stock was acquired by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, JPMorgan Chase & Co., Los Angeles Capital Management & Equity Research Inc., Parametric Portfolio Associates LLC, Geode Capital Management LLC, Piper Sandler & CO., Alliancebernstein L.P., and Meeder Asset Management Inc.. Company insiders that have bought RBB Bancorp stock in the last two years include James Kao, Peter M Chang, Wilson Mach, and Yee Phong Thian. View insider buying and selling activity for RBB Bancorp.

How do I buy shares of RBB Bancorp?

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

What is RBB Bancorp's stock price today?

One share of RBB stock can currently be purchased for approximately $12.40.

How big of a company is RBB Bancorp?

RBB Bancorp has a market capitalization of $247.38 million and generates $160.04 million in revenue each year. The company earns $39.21 million in net income (profit) each year or $1.95 on an earnings per share basis. RBB Bancorp employs 365 workers across the globe.

What is RBB Bancorp's official website?

The official website for RBB Bancorp is www.royalbusinessbankusa.com.

How can I contact RBB Bancorp?

RBB Bancorp's mailing address is 1055 WILSHIRE BOULEVARD SUITE 1200, LOS ANGELES CA, 90017. The company can be reached via phone at 213-627-9888 or via email at [email protected]

This page was last updated on 6/3/2020 by MarketBeat.com Staff