RBB Bancorp Q4 net income $12.1M ($0.64 EPS); FY2023 net income $42.5M

RBB Bancorp

2023-FY EPS reported $2.24 revenue$5,322,000

Q4 diluted EPS $0.64 vs $0.45 in Q3; net interest margin narrowed to 2.73% from 2.87%.
FY2023 net income $42.5M ($2.24 EPS) vs $64.3M ($3.33 EPS) in 2022; revenue not explicitly stated.
Recognized $5.0M CDFI Equitable Recovery Program award during Q4.
Redeemed $55M of 6.18% subordinated notes at par on Dec 1; repurchased 396,374 shares for $6.7M.
SEC concluded inquiry without enforcement action; Bank believes it addressed FDIC/DFPI Consent Order deficiencies as of Dec 31, 2023.

item 2.02 item 9.01 item 7.01 item 8.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

RBB Bancorp reported the quarter and fiscal year ended December 31, 2023 results: net income Net income increased to $12.1 million, or $0.64 diluted earnings per share, EPS $0.64 diluted earnings per share.

Period: the quarter and fiscal year ended December 31, 2023
Net income: Net income increased to $12.1 million, or $0.64 diluted earnings per share
EPS: $0.64 diluted earnings per share
Result: reported results

Exact text from the filing

On January 22, 2024, RBB Bancorp (the “Company”) issued a press release setting forth the financial results for the quarter and fiscal year ended December 31, 2023

View on SEC.gov

Browse all earnings releases →

RBB Bancorp filing history →

Source: SEC EDGAR

accession 0001437749-24-001892

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.