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

RBB BANCORP

25/07/2022 23:01

* RBB Bancorp  RBB.OQ  reported quarterly adjusted earnings
of 80
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
75 cents per share.
    * Revenue rose 6.6% to $36.50 million from a year ago;
analysts
expected $37.55 million. 
    * RBB Bancorp's reported EPS for the quarter was 80 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.9%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * RBB Bancorp shares had risen by 5.3% this quarter and
lost 16.9%
so far this year.
    * The company reported quarterly net income of $15.48
million.
    * Wall Street's median 12-month price target for RBB Bancorp
is
$24.00 
    * 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 July 25
at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.75           0.80           Beat
 Mar. 31 2022      0.69           0.74           Beat
 Dec. 31 2021      0.73           0.81           Beat
 Sep. 30 2021      0.68           0.71           Beat