From “NASDAQ GlobeNewswire”: 2025-02-03 16:58:00

RBB Bancorp reported net income of $4.4 million for Q4 2024, with diluted earnings per share of $0.25. Net interest income was $26.0 million, with a net interest margin of 2.76%. Nonperforming assets totaled $81.0 million. The Company’s book value per share was $28.66, and tangible book value per share was $24.51 at the end of December 31, 2024.

For the year ended December 31, 2024, RBB Bancorp’s net income was $26.7 million, with diluted earnings per share of $1.47. The return on average assets was 0.68%, and the return on average tangible common equity was 6.09%. Total assets were $3.99 billion, with total deposits of $3.08 billion. Nonperforming assets totaled $81.0 million, with a nonperforming assets to total assets ratio of 2.03%.

RBB Bancorp’s net interest margin for 2024 was 2.70%, with a net interest spread of 1.74%. The efficiency ratio was 60.30%, and the tangible common equity to tangible assets ratio was 11.08%. Book value per share was $28.66, and tangible book value per share was $24.51. ROATCE for the year was 6.09%. Nonperforming loans HFI to total loans HFI was 2.29%, with an allowance for loan losses to total loans HFI ratio of 1.56%.

The loan portfolio as



Read more at “NASDAQ GlobeNewswire”:: RBB Bancorp Reports Fourth Quarter and Fiscal Year