What guidance did RBB's management provide for the next earnings period?

What is the revenue and EPS growth rate for RBB year over year?

What is RBB's latest dividend and current dividend yield?

What factors drove the changes in RBB's revenue and profit?

Did RBB beat or miss consensus estimates last quarter?

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What does RBB do and what are its main business segments?

What were the key takeaways from RBB's earnings call?

- **Strong Q4 Results**: $10.2M net income, 8.6% loan growth, 45% NPL reduction YoY.
- **Deposit Cost Management**: 30% Q4 deposit beta, 70% YoY decline. $1.7B CDs maturing in 2026 offer repricing opportunities.
- **Credit Turnaround**: NPLs down 45%, pipeline for 2026 loan growth at $145M/Q.
- **Capital Return**: $25M returned in 2025; buybacks resuming post-sub debt management.
- **Risk Mitigation**: 90% of NPLs concentrated in 4 relationships with 3 paying as agreed.

**【CEO Summary Section】**
- **Q4 2025 Financial Highlights**: Net income of $10.2 million ($0.59 per share), stable from Q3 but doubling year-over-year. ROA and NIM remained stable Q/Q but improved YoY. 
- **Loan Growth**: 8.6% annualized loan growth, with originations up 32% YoY to $73 million. Q4 originations of $145 million reflect strong pipeline momentum.
- **Credit Improvement**: Nonperforming loans (NPLs) down 45% YoY, nonperforming assets (NPAs) down 34% YoY. Criticized/classified assets decreased 43% YoY.
- **Deposit Strategy**: Total deposits grew 6.6% YoY, with focus on retail and business relationships. Interest-bearing deposits now 73% of total, up from 67% in Q3 2024.
- **Yield Management**: Loan yield increased 4 bps YoY to 6.7%, despite 75 bps Fed rate cuts. Deposit costs declined 55 bps YoY but face intense competition.

**【CFO Financial Commentary】**
- **Net Interest Margin (NIM)**: 2.99% in Q4, up 1 bps Q/Q. Asset yields declined 7 bps due to prime rate cuts, but funding costs fell 8 bps. Full-year NIM expanded 38 bps.
- **Noninterest Income**: Q4 decline due to one-time gains, but full-year growth in mortgage sales (+$22M in Q4) and SFR production. 
- **Expenses**: Q4 expenses up $282K due to accruals, but operating ratio stable at 1.80%. 2026 expenses expected to stabilize at $18-19M/quarter after Q1 tax adjustments.
- **Tax Rate**: Q4 effective tax rate reduced 330 bps YoY to 27-28% for 2026. 
- **Capital Management**: $25M returned to shareholders in 2025 via dividends and 4% share buyback. Tangible book value up 7.8% to $26.42.

**【Q&A Highlights】**
- **Deposit Beta**: 30% in Q4, but 70% YoY. 79.5% of CDs ($1.7B) maturing in 2026, with 40% in Q1. Expect continued cost reduction as rates normalize.
- **Sub Debt Management**: $120M subordinated debt eligible for redemption at 7%, but evaluating market opportunities for rightsizing.
- **Buyback Plans**: Post-sub debt resolution, expect to resume buybacks in 2026.
- **NIM Outlook**: Liability-sensitive with 99% loan-to-deposit ratio. NIM expansion depends on resolving $50M in nonperforming assets.
- **Credit Resolution**: 90% of NPLs tied to 4 relationships, 3 of which are paying as agreed. Expect resolution of 3/4 by mid-2026, with 1 construction project taking longer.
- **Expense Trends**: Legal/professional fees expected to decline as credit stabilizes. Compensation growth tied to production goals.

RBB Bancorp (RBB) Q4 2025 Earnings Call Transcript

- **Record Profit Growth**: Q3 net income up 45% Y/Y to $10.1 million, driven by loan growth and credit stabilization.
- **Margin Expansion**: NIM +30bps over 4Qs to 2.98%, supported by 6.70% loan originations yield.
- **Credit Cleanup Progress**: NPLs down 20% Q/Q, with 93% of nonaccruals concentrated in a few large relationships.
- **Aggressive Capital Returns**: $10 million share buyback completed, with 1.6% of shares repurchased in Q3 alone.
- **Strategic Focus**: Shifting loan mix towards higher-margin C&I while maintaining strong SFR and CRE growth.

**【CEO Summary Section】**
- **Net Income Growth**: Q3 net income of $10.1 million ($0.59 per share), up 9% Q/Q and 45% Y/Y, driven by core earnings and lower credit costs.
- **Loan Performance**: Loans held for investment grew $68 million (8% annualized), with originations at 6.70% yield (67bps above portfolio average).
- **Margin Expansion**: Net interest margin (NIM) rose 6bps to 2.98%, up 30bps over 4 quarters. NIM improvement supported by strong loan growth and stable funding costs.
- **Credit Improvement**: Nonperforming loans (NPLs) decreased 20% Q/Q to $44.5 million. Criticized assets down 14% due to upgrades, including a $44 million construction loan completion.

**【CFO Financial Commentary】**
- **Revenue Growth**: Net interest income increased $3.2 million Q/Q, driven by higher loan yields. Noninterest income down $5.2 million due to one-time ERC benefits.
- **Expense Management**: Noninterest expenses decreased $1.8 million Q/Q to $18.7 million. Efficiency ratio improved to 57%, lowest in years.
- **Capital Returns**: Repurchased 660,000 shares (1.6% of outstanding shares). Tangible book value per share up 12% annualized to $25.89.
- **Deposit Growth**: Total deposits increased $178 million (5.4% Q/Q), with growth across all categories. Spot rate on deposits at 2.97%, down 6bps Q/Q.
- **Asset Quality**: Allowance for loan losses at 1.36% of loans, reflecting prudent risk management. Net charge-offs of $6.9 million related to one large borrower.

**【Q&A Key Highlights】**
- **Credit Resolution Progress**: CEO compares credit cleanup to being in the 9th inning, with $44 million construction loan upgrade. Remaining NPLs concentrated in a few large relationships.
- **Share Buyback**: $4 million remaining under current $10 million authorization. Management open to re-upping program if stock price remains attractive.
- **Deposit Beta**: Funding costs lagging rate cuts due to competitive CD market. 14% of CDs maturing in Q4 at high 3% rates, creating repricing opportunity.
- **Loan Pipeline**: Healthy pipeline with focus on C&I and SBA lending, despite government shutdown delays. CRE and SFR originations driving near-term growth.
- **Margin Outlook**: Expect continued NIM expansion from loan yield growth, offsetting potential rate cut impacts. 6.70% originations yield demonstrates disciplined pricing.
- **Capital Allocation**: Prioritizing buybacks, organic growth investments, and selective M&A. Efficiency ratio target below 55% as cost management matures.

RBB Bancorp (RBB) Q3 2025 Earnings Call Transcript

- **Revenue Growth**: 12% annualized loan growth ($92 million) and $120 million mortgage originations drove net income to $9.3 million.
- **Profitability**: Net interest margin expanded to 2.92%, with potential further gains if rates stabilize. Adjusted net income (excluding ERC) was $6.5 million.
- **Asset Quality**: NPLs decreased 6% to $56.8 million (1.76%), with $3.3 million charge-offs. Substandard loans rose to $91 million but remain well-covered.
- **Expense Management**: Noninterest expenses at $20.5 million due to one-time costs; expect $18 million annualized run rate.
- **Strategic Moves**: $18 million buyback program reflects confidence in shares; plans to sell loans to manage LDR above 100%.

**【CEO Summary Section】**
- **Net Income and Growth**: Q2 net income of $9.3 million ($0.52 per share), driven by $1.2 million increase in net interest income and 4 basis point NIM expansion to 2.92%. Loans held for investment grew $92 million (12% annualized), with $120 million in mortgage originations.
- **Asset Quality**: Nonperforming loans (NPLs) decreased 6% to $56.8 million (1.76% of loans), with $3.3 million charge-offs. Criticized assets increased due to two downgraded loans ($20.6 million), but 30.2 million of substandard loans remain on accrual.
- **Forward Outlook**: Expect moderate loan growth, potential NIM improvement with rate cuts, and continued NPL resolution.

**【CFO Financial Commentary】**
- **Income and Expenses**: GAAP net income included $2.9 million after-tax ERC refund. Adjusted net income (excluding ERC) was $6.5 million ($0.36 per share). Noninterest expenses rose $2 million to $20.5 million, driven by ERC-related costs and executive transition expenses. Expect future expense run rate of $18 million annualized.
- **Balance Sheet**: Total deposits grew 6% annualized to $3.2 billion. Tangible book value per share increased to $25.11. Loan-to-deposit ratio exceeded 100%, with plans to sell loans to manage growth.
- **Credit Metrics**: Provision for credit losses was $2.4 million. Allowance for loan losses ratio was 1.58%, with $7.4 million specific reserves. Substandard loans increased to $91 million, but coverage ratio remains strong at 136-138.

**【Q&A Key Highlights】**
- **Capital and Buyback**: $18 million buyback program used modestly, with shares viewed attractive vs. tangible book. Sufficient liquidity to balance NPL resolution and growth.
- **Credit Strategy**: Tightened credit controls led to special mention upgrades, not full portfolio review. Downgraded loans ($20.6 million) remain current with strong LTVs.
- **Deposit Management**: Deposit costs stabilized at 3.05%, with spot rate 2.95%. CDs maturing in Q3 at 4.15-4.20% will reprice lower. Focus on organic DDA growth and loan sales to manage LDR.
- **Expense and Tax**: Future expenses expected at $18 million annualized. Tax rate around 28% is sustainable, with minor California tax law benefit.


RBB Bancorp (RBB) Q2 2025 Earnings Call Transcript

- **NPA Cleanup Progress**: Reduced NPAs by 20% to $60.4M with $18M loan sales and $6.7M provisions, positioning for cleaner balance sheet.
- **Loan Growth Momentum**: 12% annualized loan growth driven by SBA ($112M mortgages) and strong pipeline visibility.
- **Margin Stability**: NIM at 2.88% with 29bps deposit cost decline; slower but steady cost reduction expected.
- **Buyback Priority**: Strong capital position ($24.63 TBV) and low share price signal imminent buyback announcement.
- **Risk Mitigation**: Minimal tariff exposure (<4% of loans) and no material impact from top trade finance clients.

**【CEO Opening Remarks】**
- Q1 2025 net income declined to $2.3M ($0.13/share) due to strategic actions to reduce non-performing assets (NPAs).
- Reduced NPAs by 20% to $60.4M and net exposure to non-performing loans by 32% to $51M through $18M loan sales, $6.7M provisions, and $1.8M paydowns.
- Downgraded a $5.3M NY CRE loan to non-performing but expects minimal loss given 85% LTV and borrower's active efforts to sell.

**【Johnny Lee - Loan Growth & Margin Expansion】**
- Loan growth of $90M (12% annualized) driven by commercial, SBA, and SFR lending. In-house mortgage origination reached $112M despite market challenges.
- Net interest margin (NIM) expanded 12bps to 2.88%, driven by 29bps decline in deposit costs (now 3.06%).
- Anticipates slower cost reduction pace but remains optimistic on margin stability.

**【Lynn Hopkins - Financial Details】**
- Net interest income before provisions increased 3Q in a row to $26.2M, with lower future provisions expected to boost net interest income.
- Non-interest income declined 4.3% to $2.3M due to lower loan sale gains, offset by higher servicing fees.
- Operating expenses rose $873K to $18.5M due to seasonal comp costs and legal expenses, but expects normalization in Q2.
- Credit metrics: provision for credit losses $6.7M (vs. $6M prior quarter), NPLs down 25% to 1.92% of loans, allowance coverage improved to 86%.

**【Q&A Key Takeaways】**
- **Share Buyback**: Management prioritizing buybacks given strong capital ratios and attractive valuation, plans to announce soon.
- **Margin Drag**: $60M NPAs currently drag margin; resolving $20M at 6% yield could add $1.2M annualized.
- **Trade Finance Risk**: <4% of loan portfolio exposed to tariffs; no immediate impact observed from top 10 customers.
- **Expense Outlook**: Operating expenses expected to stabilize at $17.5-18M, with moderation in comp costs.
- **Pipeline Composition**: 70% of $250M pipeline in CRE/SFR, 30% in C&I/SBA with new hires driving growth.


RBB Bancorp (RBB)-29 Apr 25-2025 Q1 Earnings call transcript

- **Q4 Results**: Net income $4.4M (-25%) due to $6M credit provision; NIM +8 bps to 2.76%.
- **Loan Dynamics**: $126M production offset by $28M paydowns; NPLs at $81M (2% of assets).
- **Deposit Strength**: Cost down 30 bps to 3.35%; 92% of CDs repricing in 2025.
- **Credit Focus**: $26M C&D loan resolution; special team targeting 2025 NPL cleanup.
- **Growth Outlook**: Low to mid-single digit loans; M&A pipeline remains active.

**【Management Opening Remarks】**
- Q4 2024 net income of $4.4 million ($0.25 per share), down from prior quarter due to credit challenges.
- Net interest margin (NIM) increased 8 bps to 2.76% on 33 bps decline in deposit costs.
- Loan balances declined $28 million, but non-interest bearing deposits rose $20 million.
- Transition to Johnny Lee as CEO; focus on resolving $81 million NPLs (2% of assets).

**【CEO Commentary】**
- Q4 loan production $126 million, but total loans declined due to high paydowns/refinances.
- $26 million C&D loan migrated to non-accrual, with $4.5 million specific reserve.
- Healthy pipeline ($200-225 million) targets low to mid-single digit loan growth.
- Special team addressing legacy NPLs, aiming for resolution by end-2025.

**【CFO Financial Commentary】**
- NIM up 8 bps to 2.76%, driven by 30 bps deposit cost decline to 3.35%.
- Non-interest income $2.7 million; expenses $17.6 million (+$297k) due to legal costs.
- Provision for credit losses $6 million (vs. $3.3 million prior quarter).
- Loan portfolio yield down 10 bps to 6.03%, with Q4 production yield 7.11%.
- 92% of CDs ($650 million) maturing in 2025, repricing to 4.0-4.10%.

**【Q&A Highlights】**
- C&D loan: 50%+ complete, secured by mixed-use project; fair value updated.
- Buyback program consideration for 2025 after credit focus.
- Deposit strategy: local branches, 4%+ CD rates, 12-month ladder.
- Loan growth expectations: low to mid-single digits, Q2-Q3 acceleration.
- Payoff mitigation: proactive borrower engagement, retention programs.
- M&A strategy unchanged; targeting Asian American banks in key markets.

Actual									0.35	0.34	0.43	0.56	0.63	0.67	0.77	0.79	0.74	0.8	0.87	0.92	0.58	0.58	0.4507	0.4372	0.43	0.39	0.39	0.25	0.13	0.2953	0.59	0.59
Forecast									0.43	0.2767	0.3233	0.4775	0.546	0.644	0.682	0.728	0.722	0.75	0.858	0.894	0.715	0.566	0.494	0.3525	0.34	0.34	0.38	0.356	0.38	0.364	0.41	0.49
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-18.60%	+22.88%	+33.00%	+17.28%	+15.38%	+4.04%	+12.90%	+8.52%	+2.49%	+6.67%	+1.40%	+2.91%	-18.88%	+2.47%	-8.77%	+24.03%	+26.47%	+14.71%	+2.63%	-29.78%	-65.79%	-18.87%	+43.90%	+20.41%

RBB

RBB fundamentals

RBB Q4 2025 Earnings

Earnings Call

You can ask Aime

RBB

RBB fundamentals

RBB Q4 2025 Earnings

Earnings Call

RBB Earnings Call Summary for Q4/20252:00 PM on Jan 27, 2026

RBB Earnings Call Summary for Q3/20252:00 PM on Oct 21, 2025

RBB Earnings Call Summary for Q2/20252:00 PM on Jul 22, 2025

RBB Earnings Call Summary for Q1/20252:00 PM on Apr 29, 2025

RBB Earnings Call Summary for Q4/20242:00 PM on Feb 4, 2025

You can ask Aime