RBB Bancorp (NASDAQ:RBB) has earned a consensus rating of “Hold” from the seven analysts that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $28.25.

A number of equities analysts have issued reports on the stock. FIG Partners reaffirmed an “outperform” rating on shares of RBB Bancorp in a report on Friday, April 12th. TheStreet raised shares of Twilio from a “d” rating to a “c” rating in a report on Monday, June 24th. Sandler O’Neill downgraded shares of BankUnited from a “buy” rating to a “hold” rating in a report on Wednesday, April 24th. BidaskClub downgraded shares of Zebra Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, July 16th. Finally, Zacks Investment Research raised shares of Icon from a “hold” rating to a “buy” rating and set a $157.00 price target on the stock in a report on Thursday, May 30th.

In other news, Director James Kao acquired 10,000 shares of the stock in a transaction that occurred on Thursday, May 30th. The shares were acquired at an average cost of $188,000.00 per share, for a total transaction of $1,880,000,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 23.92% of the stock is currently owned by insiders.

A number of institutional investors have recently made changes to their positions in RBB. BNP Paribas Arbitrage SA increased its position in shares of RBB Bancorp by 561.9% during the first quarter. BNP Paribas Arbitrage SA now owns 2,886 shares of the company’s stock valued at $54,000 after buying an additional 2,450 shares during the period. Metropolitan Life Insurance Co. NY increased its position in shares of RBB Bancorp by 356.7% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 4,745 shares of the company’s stock valued at $83,000 after buying an additional 3,706 shares during the period. Bank of America Corp DE increased its position in shares of RBB Bancorp by 87.4% during the fourth quarter. Bank of America Corp DE now owns 9,647 shares of the company’s stock valued at $170,000 after buying an additional 4,500 shares during the period. Cox Capital Mgt LLC increased its position in shares of RBB Bancorp by 5.6% during the second quarter. Cox Capital Mgt LLC now owns 12,598 shares of the company’s stock valued at $244,000 after buying an additional 672 shares during the period. Finally, Globeflex Capital L P increased its position in shares of RBB Bancorp by 18.5% during the first quarter. Globeflex Capital L P now owns 22,271 shares of the company’s stock valued at $419,000 after buying an additional 3,471 shares during the period. Institutional investors and hedge funds own 29.98% of the company’s stock.

Shares of RBB stock opened at $19.79 on Thursday. The company has a market cap of $397.26 million, a price-to-earnings ratio of 9.29 and a beta of 1.09. The company’s fifty day simple moving average is $19.36. The company has a quick ratio of 1.08, a current ratio of 1.25 and a debt-to-equity ratio of 1.01. RBB Bancorp has a 12 month low of $17.03 and a 12 month high of $31.44.

RBB Bancorp (NASDAQ:RBB) last announced its quarterly earnings results on Monday, July 22nd. The company reported $0.50 EPS for the quarter, missing the Zacks’ consensus estimate of $0.57 by ($0.07). The business had revenue of $29.81 million for the quarter, compared to the consensus estimate of $32.60 million. RBB Bancorp had a net margin of 25.83% and a return on equity of 10.96%. Research analysts anticipate that RBB Bancorp will post 1.97 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Wednesday, July 31st will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date is Tuesday, July 30th. RBB Bancorp’s dividend payout ratio (DPR) is currently 18.78%.

RBB Bancorp Company Profile

RBB Bancorp operates as the bank holding company for Royal Business Bank that provides various banking products and services to the Chinese-American communities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit. The company offers commercial and industrial lines of credit, term loans, mortgage warehouse lines, and international trade discounts; commercial real estate loans; residential construction, commercial construction, and land acquisition and development construction loans; small business administration loans; and single-family residential mortgage loans.

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