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RBB Bancorp Reports Second Quarter 2026 Earnings and Declares Quarterly Cash Dividend of $0.16 Per Common Share

LOS ANGELES, July 20, 2026 (GLOBE NEWSWIRE) -- RBB Bancorp (NASDAQ:RBB) and its bank subsidiary, Royal Business Bank (the “Bank”), collectively referred to herein as the “Company,” announced financial results for the quarter ended June 30, 2026. Second Quarter 2026 Highlights Net income totaled $10.1 million, or $0.59 diluted earnings per share Return on average assets of 0.97%, compared to 1.09% for the prior quarterNet interest margin of 3.06%, down from 3.15% for the prior quarterNonperformin

Rbb BancorpJuly 20, 202635 min read
RBB Bancorp Reports Second Quarter 2026 Earnings and Declares Quarterly Cash Dividend of $0.16 Per Common Share

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[{"type":"image","size":{"original":{"url":"data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///ywAAAAAAQABAAACAUwAOw=="}},"alt":"RBB Bancorp"},{"type":"text","tagName":"p","content":"LOS ANGELES, July 20, 2026 (GLOBE NEWSWIRE) -- RBB Bancorp (NASDAQ:RBB) and its bank subsidiary, Royal Business Bank (the \"Bank\"), collectively referred to herein as the \"Company,\" announced financial results for the quarter ended June 30, 2026. "},{"type":"text","tagName":"p","content":"Second Quarter 2026 Highlights "},{"type":"list","bulletedList":true,"items":[{"val":[{"type":"text","tagName":"p","content":" Net income totaled $10.1 million, or $0.59 diluted earnings per share  "}]},{"val":[{"type":"text","tagName":"p","content":" Return on average assets of 0.97%, compared to 1.09% for the prior quarter "}]},{"val":[{"type":"text","tagName":"p","content":" Net interest margin of 3.06%, down from 3.15% for the prior quarter "}]},{"val":[{"type":"text","tagName":"p","content":" Nonperforming assets of $43.6 million, a $5.3 million, or 10.8%, decrease compared to prior quarter end "}]},{"val":[{"type":"text","tagName":"p","content":" Book value and tangible book value per share(1) increased to $31.51 and $27.23 at June 30, 2026, up from $31.10 and $26.84 at March 31, 2026 "}]},{"val":[{"type":"text","tagName":"p","content":" Announced new common stock repurchase plan for up to 1 million shares through June 30, 2028 "}]},{"val":[{"type":"text","tagName":"p","content":" Announced partial redemption of subordinated notes of $40 million which was completed on July 1, 2026 "}]}]},{"type":"text","tagName":"p","content":"The Company reported net income of $10.1 million, or $0.59 diluted earnings per share, for the quarter ended June 30, 2026, compared to net income of $11.3 million, or $0.66 diluted earnings per share, for the quarter ended March 31, 2026.  "},{"type":"text","tagName":"p","content":"\"Our second quarter results reflected the continued strength of our core banking franchise as stable loan yields, strong loan originations and continued growth in retail deposits supported another quarter of solid profitability,\" said Johnny Lee, President and Chief Executive Officer of RBB Bancorp. \"We continued to improve the quality of our fu...

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