earnings
confidence high
sentiment negative
materiality 0.75
RBB Bancorp Q4 net income $4.4M, EPS $0.25; NPLs rise to $81M (2.03% of assets)
RBB Bancorp
2024-FY EPS reported
$1.47
revenue$5,293,000
- Q4 net income $4.4M ($0.25 dil EPS) vs Q3 $7.0M ($0.39); FY net income $26.7M ($1.47) down from $42.5M ($2.24).
- NIM 2.76% in Q4, up 8bp QoQ; FY NIM 2.70% down 46bp from 3.16% in 2023.
- Q4 provision for credit losses $6.0M (up from $3.3M Q3); FY provision $9.9M vs $3.4M in 2023.
- Nonperforming assets $81.0M (2.03% of assets) up from $60.7M (1.52%) at Sept 30, driven by one $26.4M C&D loan.