secwatch.observer — SEC 8-K summary
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Issuer:     RBB Bancorp (RBB)
CIK:        0001499422
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0001437749-25-002652
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

RBB Bancorp Q4 net income $4.4M, EPS $0.25; NPLs rise to $81M (2.03% of assets)
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1499422/000143774925002652/0001437749-25-002652-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1499422/000143774925002652/rbb20241125_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-002652

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