RBB Bancorp reports results for the quarter ended December 31 - Earnings Summary

RBB BANCORP

03/02/2025 22:52

* RBB Bancorp  RBB.OQ  reported quarterly adjusted earnings
of 25
cents​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of 64
cents.  The mean expectation of five analysts for the quarter
was for earnings of 36 cents per share. Wall Street expected
results to range from 31 cents to 40 cents per share.
    * Revenue fell 14.3% to $28.71 million from a year ago;
analysts
expected $28.12 million. 
    * RBB Bancorp's reported EPS for the quarter was 25 cents​.
    * The company reported quarterly net income of $4.39
million.
    * RBB Bancorp shares had fallen by 8.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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
also "hold"

Wall Street's median 12-month price target for RBB Bancorp is
$24.00 
This summary was machine generated from LSEG data February 3 at
10:51 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.36           0.25           Missed
 Sep. 30 2024      0.38           0.39           Beat
 Jun. 30 2024      0.34           0.39           Beat
 Mar. 31 2024      0.34           0.43           Beat