RBB Bancorp Q1 net interest margin rises on lower deposit costs, higher asset yields

RBB BANCORP

20/04/2026 21:23

Overview

U.S. community bank's Q1 net income and EPS rose quarter-over-quarter

Net interest income and margin increased, supported by lower deposit costs and higher asset yields

Company declared a quarterly cash dividend of $0.16 per share

Outlook

Company estimates 2026 effective tax rate at 28.0%

Result Drivers

NET INTEREST MARGIN - Margin increased as declining deposit costs and higher asset yields more than offset modest pressure on loan balances, per CEO Johnny Lee

CREDIT COSTS - Lower credit costs, including a reversal of provision for credit losses, supported by loan paydowns and stabilized credit trends, contributed to improved results

NONINTEREST INCOME - Higher noninterest income driven by gains on OREO sales and recoveries on charged-off loans

Company press release: ID:nGNX8Cxjfb

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
$0.66
Q1 Net Income
$11.30 mln
Q1 Net Interest Income
$30.50 mln
Q1 Net Interest Margin
3.15%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for RBB Bancorp is $23.00, about 0.6% above its April 17 closing price of $22.87

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)