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

RBB BANCORP

24/10/2022 22:03

* RBB Bancorp  RBB.OQ  reported quarterly adjusted earnings
of 87
cents​​ per share for the quarter ended in September. The mean
expectation of five analysts for the quarter was for earnings of
86 cents per share.
    * Revenue rose 7.2% to $39.76 million from a year ago;
analysts
expected $41.25 million. 
    * RBB Bancorp's reported EPS for the quarter was 87 cents​.
    * The mean earnings estimate of analysts had risen by
about 5% 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 3.3% this quarter and
lost 18.1%
so far this year.
    * The company reported quarterly net income of $16.65
million.
    * Wall Street's median 12-month price target for RBB Bancorp
is
$25.00 
    * 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 October
24 at 09:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.86           0.87           Beat
 Jun. 30 2022      0.75           0.80           Beat
 Mar. 31 2022      0.69           0.74           Beat
 Dec. 31 2021      0.73           0.81           Beat