RBB Bancorp (NASDAQ:RBB - Get Free Report) EVP Gary Fan sold 12,000 shares of the business's stock in a transaction on Friday, December 6th. The stock was sold at an average price of $23.45, for a total transaction of $281,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
RBB Bancorp Trading Down 1.5 %
NASDAQ:RBB opened at $23.18 on Tuesday. RBB Bancorp has a 12-month low of $16.49 and a 12-month high of $25.30. The firm has a market cap of $410.12 million, a PE ratio of 12.53 and a beta of 0.96. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.66. The stock has a fifty day moving average price of $23.47 and a 200 day moving average price of $21.64.
RBB Bancorp (NASDAQ:RBB - Get Free Report) last announced its quarterly earnings data on Monday, October 21st. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.01. The business had revenue of $60.17 million during the quarter, compared to analysts' expectations of $28.17 million. RBB Bancorp had a return on equity of 5.94% and a net margin of 14.50%. During the same quarter last year, the business posted $0.63 EPS. Sell-side analysts anticipate that RBB Bancorp will post 1.58 earnings per share for the current fiscal year.
RBB Bancorp Dividend Announcement
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The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $0.64 annualized dividend and a dividend yield of 2.76%. RBB Bancorp's dividend payout ratio is currently 34.59%.
Hedge Funds Weigh In On RBB Bancorp
A number of institutional investors and hedge funds have recently added to or reduced their stakes in RBB. BNP Paribas Financial Markets boosted its position in shares of RBB Bancorp by 13.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,744 shares of the company's stock valued at $86,000 after purchasing an additional 444 shares during the period. CWM LLC boosted its holdings in shares of RBB Bancorp by 21.7% in the second quarter. CWM LLC now owns 4,594 shares of the company's stock valued at $86,000 after acquiring an additional 818 shares during the period. Rhumbline Advisers grew its position in shares of RBB Bancorp by 3.9% during the second quarter. Rhumbline Advisers now owns 25,076 shares of the company's stock worth $472,000 after acquiring an additional 932 shares during the last quarter. Empowered Funds LLC increased its holdings in shares of RBB Bancorp by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 53,098 shares of the company's stock valued at $1,222,000 after acquiring an additional 2,680 shares during the period. Finally, Vanguard Group Inc. raised its position in RBB Bancorp by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 742,411 shares of the company's stock valued at $13,371,000 after purchasing an additional 4,464 shares during the last quarter. 40.14% of the stock is owned by institutional investors and hedge funds.
RBB Bancorp Company Profile
(
Get Free Report)
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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