RBB BancorpNASDAQ: RBB

Earnings Release Presentation Q3 2026

· Issued by RBB Bancorp

Summary by 6ix AI

RBB Bancorp reported net income of $12.6 million, or $0.74 per diluted share (per-share profit counting shares that could be issued), for the third quarter of 2026, up 25% from both the second quarter of 2026 and the third quarter of 2025. Results included a $2.7 million pre-tax gain on the sale of an office building, which added $2.0 million to net income and $0.12 per diluted share.

Key details

  • The company says a lower effective tax rate in the quarter came from purchased federal tax credits.
  • Net interest margin, a measure of lending profitability, was 3.16% for the third quarter of 2026, compared with 3.06% in the second quarter of 2026 and 2.98% in the third quarter of 2025.
  • Loans held for investment (loans not held for sale) rose $90 million, or 11% annualized, from the prior quarter, with new loan originations of $154.0 million. Deposits rose $4.6 million, or 1% annualized, from the prior quarter.
  • Nonperforming assets fell $4.9 million, or 11%, from the prior quarter and $15.7 million, or 29%, from a year earlier, to $38,655 thousand at September 30, 2026. They consist of nonperforming loans of $18,835 thousand and other real estate owned of $19,820 thousand, one partially completed mixed-use property in Los Angeles.
  • The quarterly common stock dividend was $0.16 per share. The company partially redeemed $40 million of subordinated debt in the quarter and has returned $20.0 million to stockholders since September 30, 2025 through dividends and stock repurchases.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/rbb-bancorp-earnings-release-presentation-q3-2026

Watch RBB Bancorp explain itRBB Bancorp (NASDAQ:RBB) Q3 2026 Earnings Call · Replay · Oct 20, 2026 · From 1:16 · CEO Overview: Earnings, Growth and Credit Quality

Exhibit 99.2

NASDAQ: RBB

2026 Third Quarter Earnings Results

October 19, 2026

3rd Quarter 2026 | Financial Highlights

3Q26 Highlights

Net Income Growth

$12.6 million Sustained quarterly profitability

Diluted EPS

$0.74 increased 25% QoQ and YoY

Return on Average Assets

1.17% increased 21% YoY

Loan and Deposit Growth

Loan Growth 3% YoY; Deposit Growth 1% YoY

Net Interest Margin Expanded

3.16% increased 6% YoY

Strong TCE Ratio(1)

11.05%

Tangible Book Value per Share(1)

$27.44 increased 6% YoY Returned $20.0 million to stockholders

since 9/30/2025

NPA Reduction

$4.9 million, or 11%, QoQ

$15.7 million, or 29%, YoY

($ in thousands, except per share data)

3Q25

2Q26

3Q26 (4)

QoQ YoY

Earnings & Profitability

Diluted Earnings Per Share (EPS)

$ 0.59

$ 0.59

$ 0.74

25% 25%

Net Interest Income

$ 29,277

$ 30,086

$ 31,761

6% 8%

Net Income

$ 10,148

$ 10,140

$ 12,637

25% 25%

Pre-Tax Pre-Provision (PTPP) Income(1)

$ 13,887

$ 14,082

$ 17,318

23% 25%

Net Interest Margin (NIM)

2.98%

3.06%

3.16%

10 bps 18 bps

Efficiency Ratio

57.36%

57.46%

53.02%

-444 bps -434 bps

Return on Average Assets(2)

0.97%

0.97%

1.17%

20 bps 20 bps

Return on Tangible Common Equity(1)(2)

9.16%

8.85%

10.79%

194 bps 163 bps

Balance Sheet & Capital

Gross Loans Held for Investment (HFI)(3)

$ 3,302,577

$ 3,309,459

$ 3,399,214

11% 3%

Total Deposits(3)

$ 3,366,497

$ 3,390,641

$ 3,395,280

1% 1%

Common Equity Tier 1 (CET1) Ratio

17.28%

18.00%

17.87%

-13 bps 59 bps

Tangible Common Equity to Tangible Assets (TCE) Ratio(1)

10.67%

11.01%

11.05%

4 bps 38 bps

Tangible Book Value per Share(1)

$ 25.89

$27.23

$27.44

1% 6%

Asset Quality

Net Loan Charge-offs

$ 6,872

$ 83

$ 122

47% -98%

Nonperforming Loans (NPLs)

$ 45,484

$ 23,759

$ 18,835

-21% -59%

Nonperforming Assets (NPAs)

$ 54,314

$ 43,579

$ 38,655

-11% -29%

NPLs/Total Loans

1.38%

0.72%

0.55%

-17 bps -83 bps

NPAs/Total Assets

1.29%

1.02%

0.91%

-11 bps -38 bps

Allowance for Loan Losses (ALL)/ Total Loans Held for Investment

1.36%

1.32%

1.30%

-2 bps -6 bps

Third Quarter 2026

(1) See reconciliation of GAAP to non-GAAP financial measures in the appendix and in the Company's Earnings Press Release; (2) Annualized; (3) QoQ changes are

annualized; (4) 3Q26 includes noninterest income of $2.7 million for gain on sale of office building 3

$ in Billions

Loan to Deposit Ratio

98.1% 99.0% 99.6%

97.6%

100.1%

$3.40

$3.30

$3.31

9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026

Gross loans Deposits Loan to Deposit Ratio

$3.32

$3.35 $3.33$3.34

$3.37

$3.40

$3.39

Loans HFI increased $90 million, or 11%(2), QoQ and $97 million, or 3%, YoY

New loan originations of $154.0 million for 3Q26

Deposits increased $4.6 million, or 1%(2), QoQ and $28.8 million, or 1%, YoY

Partial redemption of $40 million of subordinated debt in 3Q26

Tangible book value per share(1) increased

$0.21, or 1% QoQ and $1.55, or 6% YoY

($ in thousands, except per share data)

9/30/2025

12/31/2025

3/31/2026

6/30/2026

9/30/2026

Cash and Due From Banks

$ 235,530

$ 212,917

$ 197,510

$ 283,615

$ 190,890

Available for Sale (AFS) Securities

410,631

407,204

415,789

407,160

381,344

Held to Maturity (HTM) Securities

4,185

4,184

4,182

4,181

4,179

Loans Held for Sale (HFS)

756

2,067

-

-

-

Gross Loans HFI 3,302,577

3,314,301

3,325,232

3,309,459

3,399,214

Allowance for Loan Losses (ALL)

(44,892)

(43,888)

(43,666)

(43,660)

(44,038)

Net HFI loans

3,257,685

3,270,413

3,281,566

3,265,799

3,355,176

Other Assets

299,668

311,509

295,265

314,247

319,707

Total Assets

$ 4,208,455

$4,208,294

$4,194,312

$4,275,002

$4,251,296

Total Deposits

$ 3,366,497

$ 3,350,398

$3,339,884

$ 3,390,641

$3,395,280

Federal Home Loan Bank Advances

130,000

130,000

130,000

160,000

180,000

Long-term and Subordinated Debt

135,135

135,286

135,429

135,484

95,538

Other Liabilities

62,488

69,200

57,945

53,700

46,235

Total Liabilities

$ 3,694,120

$3,684,884

$3,663,258

$3,739,825

$3,717,053

Total Shareholders' Equity

$ 514,335

$ 523,410

$ 531,054

$ 535,177

$ 534,243

Book Value per Share

$ 30.18

$ 30.69

$ 31.10

$ 31.51

$ 31.75

Tangible Book Value per Share (1)

$ 25.89

$ 26.42

$ 26.84

$ 27.23

$ 27.44

Common Equity to Assets Ratio

12.22%

12.44%

12.66%

12.52%

12.57%

Tangible Common Equity Ratio (1)

10.67%

10.90%

11.12%

11.01%

11.05%

Loan to Deposit Ratio

98.1%

99.0%

99.6%

97.6%

100.1%

($ in thousands, except per share data)

9/30/2025

12/31/2025

3/31/2026

6/30/2026

9/30/2026

($ in thousands except per share amounts)

Interest and Fees on Loans

$ 50,094

$ 50,447

$ 49,938

$ 50,663

$ 52,200

$0.74

Interest on Investment Securities

4,592

4,140

3,969

4,259

4,027

$0.66

Other Interest Income

2,706

2,606

2,896

2,237

3,080

Total Interest Income

57,392

57,193

56,803

57,159

59,307

Interest Expense on Deposits

24,826

24,904

23,568

23,594

23,828

Interest Expense on Borrowings

3,289

2,781

2,732

3,479

3,718

Total Interest Expense

28,115

27,685

26,300

27,073

27,546

Net Interest Income

29,277

29,508

30,503

30,086

31,761

Provision for (Reversal of) Credit Losses

625

600

(200)

-

500

Net Interest Income After Provision 28,652

28,908

30,703

30,086

31,261

Net Income and Diluted EPS

$0.59

$0.59

$0.59

$10,148

$10,177

$11,300

$10,140

$12,637

9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026

Income Before Income Taxes

13,262

12,750

15,696

14,082

16,818

Income Tax Expense

3,114

2,573

4,396

3,942

4,181

Net income

$ 10,148

$ 10,177

$ 11,300

$ 10,140

$ 12,637

Earnings Per Share: Basic

$ 0.59

$ 0.60

$ 0.66

$ 0.60

$ 0.75

Diluted

$ 0.59

$ 0.59

$ 0.66

$ 0.59

$ 0.74

Return on Average Assets (ROAA) $ 0.97 $ 0.96 $ 1.09 $ 0.97 $ 1.17

Net income totaled $12.6 million in 3Q26, a

Noninterest Income

3,293

2,807

4,251

3,018

5,105

Net Income

Diluted EPS

Noninterest Expense

18,683

18,965

19,258

19,022

19,548

25% increase QoQ and YoY

Diluted EPS of $0.74 is an increase of $0.15

per share, or 25%, QoQ and YoY

ROAA of 1.17% in 3Q26 compared to 0.97%

in 2Q26 and 3Q25

Lower effective tax rate in 3Q26 from purchased federal tax credits

$2.7 million pre-tax gain on sale of building in 3Q26 added $2.0 million to net income,

$0.12 per diluted share and 18bps to ROAA

Diversified loan portfolio at 9/30/26

  • SFR - Mainly non-qualified mortgage loans

  • CRE - Loans secured by commercial real estate, including multifamily and owner/non-owner occupied CRE

  • C&D - Construction and land development loans

  • C&I - Majority secured by assets

  • SBA - 7(a)program loans for business acquisition or working capital and 504 program loans

    Loan Portfolio Composition as of 9/30/26

    CRE

    52% of total loans are variable rate and 48% are fixed rate (1)

    Performance driven by

  • New originations of $154.0 million for 3Q26

  • Yield on new originations of 6.30% for 3Q26

  • Loans HFI portfolio average yield 6.23% for 3Q26

  • Nonaccrual interest recoveries contributed 9 bps to 3Q26 loan yield

SFR 52%

SBA 1%

C&I 4%

38%

C&D 5%

Business Line ($ in thousands)

September 30, 2026

3Q2026

June 30, 2026

2Q2026

Single-family residential mortgages (SFR)

$ 1,761,352

5.56%

$ 1,680,635

5.62%

Commercial real estate (CRE)

1,280,028

6.70%

1,277,559

6.36%

Construction and land development (C&D)

154,620

8.50%

146,273

8.51%

Commercial and industrial (C&I)

151,796

6.95%

151,961

6.95%

Small Business Administration (SBA)

48,525

8.48%

49,667

7.64%

Other

2,893

7.17%

3,364

4.74%

Total Loans HFI

$ 3,399,214

6.23%

$ 3,309,459

6.13%

New Loan Originations

$ 153,955

6.30%

$ 158,928

6.31%

Third Quarter 2026

(1) Fixed rate loans include loans that have initial fixed rate terms prior to converting to variable rate loans at a future date occurring more than 2 years from

September 30, 2026, and variable and hybrid loans at their floors. 6

CRE Loans

CRE Loans at 9/30/26

($ in thousands)

%

Mixed Use

$ 221,785

17.3%

Hotel/Motel

131,809

10.3%

Warehouse and Industrial

101,857

8.0%

Retail

85,416

6.7%

Office

47,834

3.7%

Other

26,872

2.1%

$1.28 billion

Single

Family Other 2.4% Owner

Occupied

11.7%

Multifamily 49.5%

Other Non-Owner Occupied 36.4%

CRE Owner Occupied & Non-Owner Occupied

615,573 48.1%

Multifamily 633,939 49.5%

Single Family 30,516 2.4%

Total CRE Loans $ 1,280,028 100.0%

C&D Loans

$154.6 million Mixed Use is generally residential with retail space

Third Quarter 2026

Commercial Construction 70.7%

Land Development 3.5%

Residential Construction 25.8%

  • Mixed Use average loan-to-value (LTV) of 53%

    CRE Office average LTV of 46%

  • Over 91% of office loans with LTV <65%

  • 100% of properties located in Company's primary service areas

    Multifamily average LTV of 56%

  • NY rent controlled of $58.5 million all with LTV <65%

    C&D average LTV of 58%

  • $146.8 million current and average LTV of 57%

  • $7.8 million on nonaccrual and average LTV of 84%

    7

    Distribution by LTV (1)

Distribution by Geography

Residential Mortgage: Distribution by Geography Residential Mortgage: Distribution by LTV

IL NV Other

3.1%

1.4% 1.6%

NJ 3.2%

NorCal 6.7%

$1.76 billion Residential Mortgage Loans

SoCal 36.4%

NY 47.6%

65-70

12.9%

70-95

3.8%

<50

31.7%

60-65

19.7%

$506,895

Avg. Loan Size

50-55

13.1%

55-60

18.8%

Regional distribution

  • 98% of properties located within the Company's primary service areas

    LTV distribution

  • Average weighted LTV 54%

  • Over 96% of loans with LTV <70%

C&I Loans SBA Loans

$151.8 million $48.5 million

C&I and SBA Portfolio $200.3 million

Commercial Term 17.7%

Nat'l Credits 1.2%

Credit Lines 81.1%

Shared

Guaranteed 16.9%

Unguaranteed Secured by RE 39.9%

Unguaranteed Unsecured 3.6%

$200.7

$196.0

$205.2

$201.6

$200.3

Unguaranteed 504 Loan(s1)

39.6%

$151.8

$140.1

$146.7

$152.0

$152.9

$48.5

$49.7

$52.3

$56.0

$54.0

9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026

C&I Loans SBA Loans

Unguaranteed SBA Loans Totaled $40.3 million

By Business

Other Real Estate 4.0% Retail 8.7%

Gas Stations 4.3%

By Location

Other 1.0%

New Jersey 3.6%

New York 6.3%

Nevada 7.4%

California 58.4%

Warehouse 32.7%

Texas 7.7%

Hotel/Motels 50.3%

Oregon 7.8%

9/30/2026

6/30/2026

NPAs

#

$

#

$

% Change

NPAs /Total Assets

$54,314

$53,462

$48,836

$43,579

$38,655

$18,835

$23,759

$19,820 0.91%

$19,820 1.02%

$44,568

1.16%

$44,632

$45,484

1.27%

1.29%

$4,268

$8,830

$8,830

$ in thousands

SFR

3

$ 896

2

$ 394

CRE

1

3,057

4

8,146

C&D

1

7,841

1

8,072

C&I

2

5,109

2

5,113

SBA

5

1,932

6

2,034

Total NPLs

12

$ 18,835

15

$ 23,759

-21%

OREO

1

19,820

1

19,820

Total NPAs

13

$ 38,655

16

$ 43,579

-11%

($ in thousands)

9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026

NPLs OREO NPAs/Total Assets

Nonperforming assets decreased $4.9 million, or 11%, QoQ and $15.7 million, or 29%, YoY

NPLs decreased $4.9 million, or 21%, QoQ and $26.6 million, or 59%, YoY

NPLs greater than $1 million total $15.6 million, or 83% of total NPLs, related to 2 relationships

OREO balance at 3Q26 consists of one partially completed mixed-use property in Los Angeles

IL 16.2%

TX 4.7%

Other 1.9%

NY 0.8%

CA 76.4%

Nonperforming Loans By Region

Third Quarter 2026 10

$126,229

$ in thousands

Special Mention & Substandard Loans

$76,880

$94,412

$97,272

$81,804

$81,654

$72,494

$75,175

$61,529

$57,326

$49,349

$24,778

$19,237

$20,275

$24,328

9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026

$ in thousands

Special Mention Substandard

30-89 Days Delinquent Loans, excluding Nonperforming Loans

$6,533

$8,789

$7,911

$8,970

$7,229

$6,172

$6,026

$6,460

$4,350

$2,879

$2,944

$1,739

$2,329

$1,092

$5,441

9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026

SFR Non-SFR

Special Mention & Substandard Loans by Type

$7,841

$17,664

$24,328

$29,590

$6,158

$18,170

$57,326

$2,231

$ in thousands

Special Mention Substandard

CRE C&I & SBA C&D Mortgage & Consumer

Substandard loans

  • Decreased $4.2 million QoQ

  • Decreased $19.6 million, or 25%, YoY

  • $38.5 million on accrual status at 9/30/26

    Special mention loans

  • Increased $4.1 million QoQ

  • Decreased $25.0 million, or 51%, YoY

  • All special mention loans are on accrual status

    $ in Thousands

    Allowance for Loan Losses

    $44,892

    $43,888

    $43,666

    $43,660

    $44,038

    1.30%

    1.32%

    1.31%

    1.32%

    1.36%

    9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026

    ALL ALL / HFI loans ratio

    • ALL to total loans ratio of 1.30%;

    • Net charge-offs to average loans ratio of 0.01%; and

    • ALL to nonperforming loans ratio of 234%

      Loan portfolio increased $89.8 million in 3Q26 driven by SFR Mortgage increase of

      $80.7 million and Construction and Land increase of $8.3 million

      Provision for Credit Losses & Net Charge-offs

0.84%

$ 2

0.20%

$625

-%

4

$22

0.01%

$-

$83

0.01%

$500

$122

1,62

$

$600

6,87

3Q26 provision for credit losses impacted by:

$ in Thousands

  • Higher loan portfolio balance;

  • Improved credit quality; and

  • No significant change in the economic forecast

$(200)

3Q25 4Q25 1Q26 2Q26 3Q26

Provision for Credit Losses Net Charge-offs Net Charge-offs to Average Loans Ratio

Deposit Mix - QoQ Annualized

$ in millions

+1%

+6%

-1%

-2%

Total Deposits at 9/30/26

Wholesale deposits

$740

$736

$735

$550

$526

$527

$592

$557

$872

$722

$268

$954

$790

$3,366 $3,350 $3,340 $3,391 $3,397

$3.40 billion

1.8%

Time deposits, greater than

$250,000 23.7%

Time deposits,

$250,000

and under 21.6%

DDA 16.4%

Savings, NOW & MMA 36.5%

$956

$1,176

$1,191

$1,238

$226

$164

$120

$62

$852

$733

$752

$805

3Q25 4Q25 1Q26 2Q26 3Q26

Non-interest bearing Time deposits, $250,000 and under

Time deposits, greater than $250,000 Wholesale Savings, NOW & MMA

Average Cost of Deposits by Type

Deposits increased 1% QoQ(1) and increased 1% YoY

$63.3 million increase in retail deposits, offset by $58.7 million decrease in wholesale deposits QoQ

Spot rate(2) for deposit costs of 2.82% at 9/30/26, up from 2.75% at 6/30/26

Cash, investments, and secured borrowing

398

385

363 351 339

334

335

371 360 361

265 265

285 300 300

303 296 286 281 279

capacity totaled $2.0 billion at 9/30/26

IB Deposits Time Savings, NOW & MMA Total Deposits

3Q25 4Q25 1Q26 2Q26 3Q26

Noninterest Expense

Total Revenue & Efficiency Ratio

$10.60

$1.31

$1.31

$1.72

$1.69

$2.51

$2.45

$2.59

$11.05

$11.47

$10.73

$11.26

$2.43 $2.44

$19.55

$2.47

$19.02

$2.53

$19.26

$2.28

$1.50

$1.71

$1.45 $1.60

$1.81 $1.75

$18.97

$2.45

$18.68

$2.40

$ in millions

$ in millions

57.36%

58.69%

55.41%

57.46%

53.02%

$32.57

$32.32

$

36.87

$

$33.10

5

34.7

3Q25 4Q25 1Q26 2Q26 3Q26

Salaries and employee benefits Occupancy and equipment Data processing Legal and professional

$ in millions

Other

3Q25 4Q25 1Q26 2Q26 3Q26

Total Revenue Efficiency Ratio⁽¹⁾

NIE / Avg Assets Ratio

3Q26 noninterest expense of $19.5 million, increased $0.5 million QoQ including new Northern California LPO

Noninterest expense as a percentage of average assets totaled 1.82% in 3Q26 vs 1.81% in 2Q26 and up from 1.79% in 3Q25

Efficiency ratio of 53.0% in 3Q26 vs. 57.5% in 2Q26 and 57.4% in 3Q25. 3Q26 ratio would be 57.1% excluding the gain on building sale

1.79%

1.80%

1.86%

1.81%

1.82%

19.55

$18.68

$18.97

$

$19.02

6

$

19.2

3Q25 4Q25 1Q26 2Q26 3Q26

Noninterest expense (NIE) NIE / Avg Assets Ratio⁽²⁾

17.28%

17.49%

17.85%

18.00%

17.87%

6.50%

6.50%

6.50%

6.50%

6.50%

Increased book value per share 5% and tangible book value per share(1) 6% YoY

Quarterly common stock dividend of $0.16 per share, equivalent to $0.64 per share annualized

Return on average tangible common equity(1) of 10.79%, compared to 9.16% in 3Q25

Returned $20.0 million to stockholders in last 12 months through quarterly dividends and stock repurchases

CET1 Capital Ratio Tangible Common Equity Ratio(1)

10.67% 10.90%

11.12%

11.01% 11.05%

9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026

CET1 Capital Ratio Well Capitalized Level

9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026

Tangible Common Equity Ratio

11.50%

Total Capital Ratio

Leverage Ratio

23.64% 23.83%

24.20%

23.44%

22.05%

10.00%

10.00%

10.00%

10.00%

10.00%

11.60%

11.77%

11.86% 11.82%

5.00%

5.00%

5.00%

5.00%

5.00%

9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026

Total Capital Ratio Well Capitalized Level

9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026

Leverage Ratio Well Capitalized Level

Appendix: Non-GAAP Reconciliations

16

Some of the financial measures included in this presentation are not measures of financial performance recognized by GAAP. These non-GAAP financial measures include "tangible common equity to tangible assets," "tangible book value per share," and "return on average tangible common equity." Our management uses these non-GAAP financial measures in its analysis of our performance and believes these are helpful to investors as an additional tool for further understanding our performance. The following table reconciles shareholders' equity (on a GAAP basis) to tangible common equity and total assets (on a GAAP basis) to tangible assets, calculates our tangible book value per share, and reconciles return on average tangible common equity to its most comparable GAAP measure:

($ in thousands)

9/30/2025

12/31/2025

3/31/2026

6/30/2026

9/30/2026

Tangible Common Equity:

Total Shareholders' Equity

$ 514,335

$ 523,410

$ 531,054

$ 535,177

$ 534,243

Adjustments

Goodwill

$ (71,498)

$ (71,498)

$ (71,498)

$ (71,498)

$ (71,498)

Core Deposit Intangible

(1,495)

(1,338)

(1,204)

(1,078)

(951)

Tangible Common Equity

$ 441,342

$ 450,574

$ 458,352

$ 462,601

$ 461,794

Tangible Assets:

Total Assets - GAAP

$ 4,208,455

$ 4,208,294

$ 4,194,312

$ 4,275,002

$ 4,251,296

Adjustments

Goodwill

(71,498)

(71,498)

(71,498)

(71,498)

(71,498)

Core Deposit Intangible

(1,495)

(1,338)

(1,204)

(1,078)

(951)

Tangible Assets

$ 4,135,462

$ 4,135,458

$ 4,121,610

$ 4,202,426

$ 4,178,847

Common Shares Outstanding

17,043,897

17,057,397

17,074,159

16,985,919

16,827,168

Tangible Common Equity to Tangible Assets Ratio

10.67%

10.90%

11.12%

11.01%

11.05%

Tangible Book Value Per Share

$25.89

$26.42

$26.84

$27.23

$27.44

Average Tangible Common Equity:

Average Shareholders' Equity

$ 512,874

$ 519,194

$ 529,382

$ 532,409

$ 536,993

Adjustments

Goodwill

(71,498)

(71,498)

(71,498)

(71,498)

(71,498)

Core Deposit Intangible

(1,608)

(1,440)

(1,288)

(1,161)

(1,035)

Average Tangible Common Equity

$ 439,768

$ 446,256

$ 456,596

$ 459,750

$ 464,460

Net Income Available to Common Shareholders

$ 10,148

$ 10,177

$ 11,300

$ 10,140

$ 12,637

Return on Average Tangible Common Equity

9.16%

9.05%

10.04%

8.85%

10.79%

Some of the financial measures included in this presentation are not measures of financial performance recognized by GAAP. These non-GAAP financial measures include "pre-tax pre-provision income." Our management uses these non-GAAP financial measures in its analysis of our performance and believes these are helpful to investors as an additional tool for further understanding our performance. This non-GAAP financial measure should not be considered a substitute for operating results determined in accordance with GAAP and may not be comparable to other similarly titled measures used by other companies. Pre-tax pre-provision income is calculated by subtracting noninterest expense from the sum of net interest income and noninterest income, as shown in the following table:

Quarter to Date

($ in thousands)

3Q25

4Q25

1Q26

2Q26

3Q26 (1)

Pre-Tax Pre-Provision Income:

Net Interest Income

$ 29,277

$ 29,508

$ 30,503

$ 30,086

$ 31,761

Noninterest Income

3,293

2,807

4,251

3,018

5,105

Noninterest Expense

(18,683)

(18,965)

(19,258)

(19,022)

(19,548)

Pre-Tax Pre-Provision Income $ 13,887 $ 13,350 $ 15,496 $ 14,082 $ 17,318

RBB Bancorp on 6ix

Earlier from RBB Bancorp

All RBB Bancorp news releases