RBB Bancorp (RBB) To Go Ex-Dividend on September 27th

RBB Bancorp (NASDAQ:RBB) declared a quarterly dividend on Tuesday, September 18th, Wall Street Journal reports. Investors of record on Friday, September 28th will be paid a dividend of 0.09 per share on Tuesday, October 2nd. This represents a $0.36 annualized dividend and a dividend yield of 1.38%. The ex-dividend date of this dividend is Thursday, September 27th.

NASDAQ:RBB traded up $0.05 during mid-day trading on Wednesday, hitting $26.15. The company had a trading volume of 275 shares, compared to its average volume of 65,886. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.15 and a quick ratio of 0.95. RBB Bancorp has a 1 year low of $21.84 and a 1 year high of $33.62. The firm has a market capitalization of $440.91 million, a PE ratio of 14.41 and a beta of -0.04.

RBB Bancorp (NASDAQ:RBB) last released its quarterly earnings data on Monday, July 23rd. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.49 by $0.05. RBB Bancorp had a return on equity of 11.69% and a net margin of 31.31%. The company had revenue of $20.62 million for the quarter. equities analysts anticipate that RBB Bancorp will post 2.28 EPS for the current year.

Separately, Zacks Investment Research lowered RBB Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, July 25th.

A hedge fund recently raised its stake in RBB Bancorp stock. Bank of New York Mellon Corp increased its position in RBB Bancorp (NASDAQ:RBB) by 63.2% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 53,708 shares of the company’s stock after purchasing an additional 20,796 shares during the period. Bank of New York Mellon Corp owned 0.32% of RBB Bancorp worth $1,725,000 at the end of the most recent reporting period. Institutional investors own 33.83% of the company’s stock.

RBB Bancorp Company Profile

RBB Bancorp operates as the bank holding company for Royal Business Bank that provides various banking products and services to the Chinese-American communities. Its deposit products include checking, savings, and money market accounts; and certificates of deposits. The company offers commercial and industrial lines of credit, term loans, mortgage warehouse lines, and international trade discounts; commercial real estate loans; residential construction, commercial construction, and land acquisition and development construction loans; small business administration loans; and single-family residential mortgage loans.

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Dividend History for RBB Bancorp (NASDAQ:RBB)

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