---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-012741"
form_type: "8-K"
ticker: "RBB"
cik: "0001499422"
company_name: "RBB Bancorp"
filed_at: "2024-04-22T23:59:59+00:00"
generated_at: "2026-06-03T13:48:57.272096+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# RBB Bancorp Q1 net income $8.0M ($0.43 EPS); CFO Hopkins permanently appointed; dividend $0.16

## Summary
- Q1 2024 net income $8.0M ($0.43 diluted EPS) vs $12.1M ($0.64) in Q4 2023; prior quarter included $5.0M CDFI award pre-tax.
- Net interest margin 2.69%, down 4bp from 2.73%; loan portfolio flat at ~$3.0B; deposits down $146.4M (4.6%) from Dec 2023.
- Nonperforming assets $37.0M (0.95% of assets), up from $31.6M (0.79%) at Dec 2023; provision for credit losses zero vs reversal of $431K last quarter.
- Permanent CFO Lynn Hopkins appointed April 22, 2024; 3-year agreement, base salary $410K, $175K RSU award vesting over 5 years, severance terms.
- Declared $0.16/share dividend payable May 13 (record May 1); board authorized 1M share buyback; 80,285 shares repurchased at avg $18.39 in Q1.

## SEC filing metadata
- accession: 0001437749-24-012741
- form_type: 8-K
- ticker: RBB
- cik: 0001499422
- company_name: RBB Bancorp
- filed_at: 2024-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01, 5.02, 7.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499422/000143774924012741/0001437749-24-012741-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499422/000143774924012741/rbb20240316_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-012741
- JSON: https://secwatch.observer/filing/0001437749-24-012741.json
- Plain text: https://secwatch.observer/filing/0001437749-24-012741.txt

## Key facts
- Earnings Releases
  RBB Bancorp reported quarter ended March 31, 2024 results: net income $8.0 million, EPS $0.43 diluted earnings per share.
  - Period: quarter ended March 31, 2024
  - Net income: $8.0 million
  - EPS: $0.43 diluted earnings per share
  - Result: reported results
  source text: The Company reported net income of $8.0 million, or $0.43 diluted earnings per share, for the quarter ended March 31, 2024, compared to net income of $12.1 million, or $0.64 diluted earnings per share, for the quarter ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1499422/000143774924012741/0001437749-24-012741-index.htm
- Earnings Releases
  RBB Bancorp reported quarter ended December 31, 2023 results: net income $12.1 million, EPS $0.64 diluted earnings per share.
  - Period: quarter ended December 31, 2023
  - Net income: $12.1 million
  - EPS: $0.64 diluted earnings per share
  - Result: reported results
  source text: The Company reported net income of $8.0 million, or $0.43 diluted earnings per share, for the quarter ended March 31, 2024, compared to net income of $12.1 million, or $0.64 diluted earnings per share, for the quarter ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1499422/000143774924012741/0001437749-24-012741-index.htm
- Executive change
  Lynn M. Hopkins was appointed as Executive Vice President and Chief Financial Officer at RBB Bancorp.
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: appointed Ms. Lynn M. Hopkins, Interim Executive Vice President and Chief Financial Officer of the Company and the Bank, as the Company’s and the Bank’s permanent Executive Vice President and Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1499422/000143774924012741/0001437749-24-012741-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.