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

RBB BANCORP

23/10/2023 23:38

* RBB Bancorp  RBB.OQ  reported quarterly adjusted earnings
of 61
cents​​ per share for the quarter ended in September. The mean
expectation of five analysts for the quarter was for earnings of
49 cents per share.
    * Revenue fell 11.2% to $35.32 million from a year ago;
analysts
expected $32.43 million. 
    * RBB Bancorp's reported EPS for the quarter was 63 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * RBB Bancorp shares had fallen by 6.9% this quarter and
lost 42.9% so far this year.
    * The company reported quarterly net income of $11.97
million.
    * Wall Street's median 12-month price target for RBB Bancorp
is
$15.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 23 at 10:38 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.49           0.61           Beat
 Jun. 30 2023      0.57           0.58           Beat
 Mar. 31 2023      0.72           0.58           Missed
 Dec. 31 2022      0.89           0.92           Beat