RBB Bancorp Reports First Quarter Earnings for 2020
RBB Bancorp (RBB)
Last rbb bancorp earnings: 4/20 04:11 pm
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US:NASDAQ Investor Relations:
royalbusinessbankusa.com/investor-relations.htm
Company Research
Source: PR Newswire
LOS ANGELES, April 20, 2020 /PRNewswire/ -- RBB Bancorp (NASDAQ:RBB) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company," announced financial results for the quarter ended March 31, 2020. The Company reported net income of $6.7 million, or $0.33 diluted earnings per share, for the three months ended March 31, 2020, compared to net income of $10.7 million, or $0.52 diluted earnings per share, and $10.4 million, or $0.51 diluted earnings per share, for the three months ended December 31, 2019 and March 31, 2019, respectively. "The onset of the COVID-19 pandemic has created unprecedented challenges in our country and the world," said Mr. Alan Thian, Chairman, President and CEO of RBB Bancorp. "The physical and financial health of our customers, investors and employees are our paramount concerns. We are committed to helping our local businesses and the communities that we serve during these ext
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News
- RBB Bancorp (NASDAQ:RBB) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- RBB Bancorp (NASDAQ:RBB) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=RBB&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> MarketBeat
- RBB Bancorp (NASDAQ:RBB) was upgraded by analysts at Zacks Research from a "hold" rating to a "strong-buy" rating.MarketBeat
- RBB Bancorp (NASDAQ:RBB) was given a new $21.00 price target on by analysts at Piper Sandler.MarketBeat
- RBB Bancorp (NASDAQ:RBB) had its price target raised by analysts at Keefe, Bruyette & Woods from $21.00 to $23.00. They now have a "market perform" rating on the stock.MarketBeat