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

RBB BANCORP

23/01/2023 22:01

* RBB Bancorp  RBB.OQ  reported quarterly adjusted earnings
of 92
cents​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for earnings of
89 cents per share.
    * Revenue rose 17.9% to $41.35 million from a year ago;
analysts
expected $43.06 million. 
    * RBB Bancorp's reported EPS for the quarter was 92 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * RBB Bancorp shares had fallen by 1.0% this quarter.
    * The company reported quarterly net income of $17.58
million.
    * Wall Street's median 12-month price target for RBB Bancorp
is
$23.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
23 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.89           0.92           Beat
 Sep. 30 2022      0.86           0.87           Beat
 Jun. 30 2022      0.75           0.80           Beat
 Mar. 31 2022      0.69           0.74           Beat