RBB Bancorp authorizes $25M share repurchase (1M shares) and redeems $40M subordinated notes

RBB Bancorp

Board authorizes repurchase of up to 1M shares (~$25M, ~6% of outstanding) through June 30, 2028.
Company to redeem $40M aggregate principal of 4.00% Fixed-to-Floating Subordinated Notes due 2031 on July 1, 2026 at ~$40.7M.
After redemption, $80M of notes will remain outstanding; interest rate resets to 3-month SOFR + 329 bps.
Prior repurchase plan (authorized May 2025 for up to $18M) was fully exhausted in Q2 2026.
Management cites strong capital position and liquidity as rationale for these capital management actions.

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.