Stock Data
$0.32 (1.18%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
RBB Bancorp, headquartered in Los Angeles, California, is a dynamic banking institution founded in 2008. It primarily serves the Chinese-American, Korean-American, and other Asian-American communities. RBB Bancorp offers a wide range of banking products and services, including various types of accounts, commercial and industrial loans, real estate and construction loans, and services tailored for small businesses. Additionally, it provides specialized services such as international letters of credit and foreign exchange. With branches across key regions in the U.S., including California, Nevada, Hawaii, New York, Illinois, and New Jersey, RBB Bancorp is dedicated to meeting the diverse needs of individuals, businesses, and municipalities.
RBB Bancorp beat earnings by 10% while unveiling a new $1 million share buyback, buoyed by credit quality gains that offset a soft revenue quarter and deposit margin pressure from higher funding costs.
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