secwatch.observer — SEC 8-K summary
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Issuer:     RBB Bancorp (RBB)
CIK:        0001499422
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0001437749-24-001892
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01, 7.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1499422/000143774924001892/0001437749-24-001892-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1499422/000143774924001892/rbb20231128_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-001892

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