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Rbb Bancorp (RBB)
:RBB
Earnings Data
Report Date
Jul 28, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.36Last Year’s EPS
0.39Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 28, 2025
|% Change Since: 4.13%
|Next Earnings Date:Jul 28, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong loan growth, reduction in non-performing assets, and deposit growth as positive aspects. However, it also acknowledged a decline in net income, increased non-interest expenses, and continued challenges with non-performing loans. While there is optimism for future improvements, the challenges faced indicate a balanced outlook.Company Guidance
During the first quarter of 2025, RBB Bancorp provided detailed guidance on various financial metrics and strategic actions. Net income fell to $2.3 million or $0.13 per share, impacted by strategic efforts to reduce non-performing assets by 20% and net exposure to non-performing loans by 32% to $51 million. This involved selling $18 million in loans, recognizing $6.7 million in provisions, and receiving $1.8 million in paydowns. The bank achieved a 12% annualized growth in loans and a 12 basis point increase in net interest margin, which reached 2.88%. Total first-quarter loan originations were $201 million, with a blended yield of 6.77%. The cost of interest-bearing deposits decreased by 29 basis points, contributing to a 17-basis-point decline in the overall cost of funds. Non-interest income decreased by 4.34% to $2.3 million, while non-interest expenses rose by $873,000 to $18.5 million. The allowance for loan losses to total loans increased by 9 basis points to 1.65%, and deposits grew at an 8% annualized rate to $3.14 billion. RBB Bancorp remains focused on resolving non-performing loans and expects further progress in upcoming quarters.Loan Growth and Margin Expansion
Loan investment grew by $90 million or 12% on an annualized basis, driven by growth in commercial, SBA, and SFR balances. Net interest margin increased by 12 basis points to 2.88% due to a decline in the cost of interest-bearing deposits.
Successful Mortgage Origination
The in-house mortgage origination business originated $112 million in mortgages in the first quarter, contributing to total first quarter loan originations of $201 million at a blended yield of 6.77%.
Reduction in Non-Performing Assets
Non-performing assets were reduced by 20%, with net exposure to non-performing loans decreasing by 32% to $51 million. NPLs decreased by $20.7 million or 25%, representing 1.92% of loans held for investment at quarter end.
Strong Deposit Growth
Total deposits increased at an 8% annualized rate from the fourth quarter to $3.14 billion, with growth in money market accounts and CDs more than offsetting the decline in non-interest-bearing accounts.
RBB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RBB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2025 | $15.49 | $15.78 | +1.87% |
Feb 03, 2025 | $18.34 | $18.36 | +0.11% |
Oct 21, 2024 | $22.64 | $22.23 | -1.81% |
Jul 22, 2024 | $21.65 | $21.64 | -0.05% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Rbb Bancorp (RBB) report earnings?
Rbb Bancorp (RBB) is schdueled to report earning on Jul 28, 2025, TBA Not Confirmed.
What is Rbb Bancorp (RBB) earnings time?
Rbb Bancorp (RBB) earnings time is at Jul 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RBB EPS forecast?
RBB EPS forecast for the fiscal quarter 2025 (Q2) is 0.36.