RBB Bancorp (NASDAQ:RBB – Get Free Report) issued its quarterly earnings results on Monday. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.01, Briefing.com reports. RBB Bancorp had a return on equity of 6.94% and a net margin of 16.38%. The business had revenue of $60.17 million during the quarter, compared to the consensus estimate of $28.17 million. During the same quarter last year, the company earned $0.63 earnings per share.
RBB Bancorp Stock Performance
Shares of NASDAQ RBB opened at $23.00 on Thursday. The company has a market capitalization of $409.63 million, a PE ratio of 11.00 and a beta of 0.95. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.09 and a current ratio of 1.09. The company’s fifty day moving average price is $22.74 and its 200 day moving average price is $20.32. RBB Bancorp has a 1 year low of $11.15 and a 1 year high of $24.50.
RBB Bancorp Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st will be issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 2.78%. The ex-dividend date of this dividend is Thursday, October 31st. RBB Bancorp’s dividend payout ratio (DPR) is 30.62%.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis 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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