A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
RBB Bancorp
RBB
$459M
Mkt Cap
$26.28
-0.30%
RBB Bancorp (RBB) has a current P/E ratio of 17.6, compared to its historical median P/E of 8.1. The stock is currently considered Expensive based on its historical valuation range.
RBB Bancorp (RBB) has a 5-year average return on invested capital (ROIC) of 7.1%. This is below average and may indicate limited pricing power.
RBB Bancorp (RBB) has a market capitalization of $459M. It is classified as a small-cap stock.
Yes, RBB Bancorp (RBB) pays a dividend with a trailing twelve-month yield of 2.46%. The company also returns capital through share buybacks, with a buyback yield of 3.05%.
Based on historical P/E analysis, RBB Bancorp (RBB) appears expensive. The current P/E of 17.6 is 119% above its historical median of 8.1. The estimated fair value CAGR (P/E method) is -0.8%.
RBB Bancorp (RBB) operates in the State Commercial Banks industry, within the Financials sector.
RBB Bancorp (RBB) reported annual revenue of $238 million in its most recent fiscal year, based on SEC EDGAR filings.
Company Overview RBB Bancorp is a bank holding company registered under the Bank Holding Company Act of 1956, as amended. RBB Bancorp’s principal business is to serve as the holding company for its wholly-owned banking subsidiaries, Royal Business Bank (“Bank”) and RBB Asset Management Company (“RAM”), collectively referred to herein as "the Company." RBB Bancorp was formed in January 2011 as a bank holding company and RAM was formed in 2012 to hold and manage problem assets acquired in business combinations. When we refer to “we”, “us”, “our”, or the “Company”, we are referring to RBB Bancorp and its consolidated subsidiaries including the Bank, collectively. When we refer to the “parent company”, “Bancorp”, or the “holding company”, we are referring to RBB Bancorp, the parent company, on a stand-alone basis.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 238M | 238M | 232M | 236M | 192M | 166M |
| Net Income | 32M | 32M | 27M | 42M | 64M | 57M |
| EPS | $1.83 | $1.83 | $1.47 | $2.24 | $3.33 | $2.86 |
| Free Cash Flow | 43M | 43M | 58M | 51M | 92M | 200M |
| ROIC | 5.0% | 5.0% | 4.2% | 6.6% | 9.9% | 9.7% |
| Gross Margin | 0.0% | 0.0% | - | - | - | - |
| Debt/Equity | 0.23 | 0.23 | 0.24 | 0.23 | 0.36 | 0.37 |
| Dividends/Share | $0.65 | $0.64 | $0.64 | $0.64 | $0.56 | $0.51 |
| Operating Income | 7.6M | 7.6M | 4.8M | 6.4M | 91M | 81M |
| Operating Margin | 3.2% | 3.2% | 2.1% | 2.7% | 47.5% | 48.8% |
| ROE | 6.1% | 6.2% | 5.2% | 8.5% | 13.5% | 12.7% |
| Shares Outstanding | 17M | 17M | 18M | 19M | 19M | 20M |
| Metric | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||
| Revenue | 50M | 77M | 87M | 115M | 160M | 153M | 166M | 192M | 236M | 232M | 238M | 238M |
| Gross Margin | 0.0% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0% | 0.0% |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 11M | 14M | 17M | 23M | 33M | 33M | 34M | 35M | 38M | 39M | 43M | 43M |
| EBIT | 22M | 33M | 47M | 46M | 55M | 47M | 81M | 91M | 6.4M | 4.8M | 7.6M | 7.6M |
| Op. Margin | 43.6% | 42.2% | 53.6% | 40.2% | 34.6% | 31.0% | 48.8% | 47.5% | 2.7% | 2.1% | 3.2% | 3.2% |
| Net Income | 13M | 19M | 26M | 36M | 39M | 33M | 57M | 64M | 42M | 27M | 32M | 32M |
| Net Margin | 25.8% | 24.7% | 29.2% | 31.4% | 24.5% | 21.5% | 34.2% | 33.4% | 18.0% | 11.5% | 13.4% | 13.4% |
| Non-Recurring | 0 | -3K | 0 | 0 | 6K | 0 | 0 | 757K | 166K | 456K | 42K | 42K |
| Returns on Capital | ||||||||||||
| ROIC | N/A | 9.7% | 9.4% | 9.1% | 7.9% | 6.3% | 9.7% | 9.9% | 6.6% | 4.2% | 5.0% | 5.0% |
| ROE | N/A | 11.1% | 11.4% | 11.3% | 10.0% | 7.9% | 12.7% | 13.5% | 8.5% | 5.2% | 6.2% | 6.1% |
| ROA | N/A | 2.7% | 1.7% | 1.5% | 1.4% | 1.1% | 1.5% | 1.6% | 1.1% | 0.7% | 0.8% | 0.8% |
| Cash Flow | ||||||||||||
| Op. Cash Flow | 29M | 56M | 29M | -85M | 476M | 125M | 202M | 94M | 51M | 58M | 43M | 43M |
| Free Cash Flow | 29M | 56M | 28M | -87M | 475M | 120M | 200M | 92M | 51M | 58M | 43M | 43M |
| Owner Earnings | 27M | 54M | 27M | -87M | 468M | 114M | 189M | 89M | 48M | 55M | 40M | 40M |
| CapEx | 468K | 210K | 684K | 2.5M | 1.4M | 4.2M | 2.0M | 2.1M | 652K | 788K | 798K | 798K |
| Maint. CapEx | 1.0M | 1.4M | 1.3M | 1.7M | 8.1M | 9.8M | 12M | 3.9M | 2.6M | 2.3M | 1.8M | 1.8M |
| Growth CapEx | 0 | 0 | 0 | 807K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 1.0M | 1.4M | 1.3M | 1.7M | 8.1M | 9.8M | 12M | 3.9M | 2.6M | 2.3M | 1.8M | 1.8M |
| CapEx/OCF | N/A | N/A | 2.4% | N/A | 0.3% | 3.4% | 1.0% | 2.2% | 1.3% | 1.3% | N/A | 1.8% |
| Capital Allocation | ||||||||||||
| Dividends Paid | 3.1M | 2.6M | 5.1M | 5.8M | 8.0M | 6.6M | 9.9M | 11M | 12M | 12M | 11M | 11M |
| Dividend Yield | N/A | N/A | 1.8% | 1.5% | 2.5% | 2.7% | 2.6% | 2.8% | 4.7% | 3.4% | N/A | 2.5% |
| Share Buybacks | 0 | 0 | 0 | 0 | 3.2M | 7.9M | 11M | 20M | 6.8M | 21M | 14M | 14M |
| Buyback Yield | 0.0% | N/A | N/A | N/A | 0.9% | 3.0% | 2.3% | 5.6% | 2.0% | 5.7% | 0.0% | 3.0% |
| Stock-Based Comp | 1.5M | 894K | 779K | 684K | 689K | 686K | 1.1M | 848K | 750K | 1.4M | 1.7M | 1.7M |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | ||||||||||||
| Net Debt | -3.1M | -109M | -165M | -118M | -204M | -301M | -890M | -167M | -631M | -558M | -92M | -92M |
| Cash & Equiv. | 3.1M | 119M | 150M | 148M | 182M | 195M | 694M | 84M | 431M | 258M | 212M | 212M |
| Long-Term Debt | 1K | 49M | 50M | 104M | 104M | 104M | 173M | 174M | 119M | 120M | 120M | 120M |
| Debt/Equity | N/A | 0.27 | 0.19 | 0.28 | 0.26 | 0.24 | 0.37 | 0.36 | 0.23 | 0.24 | 0.23 | 0.23 |
| Interest Coverage | 0.0 | 3.8 | 4.4 | 3.0 | 2.2 | 2.4 | 4.6 | 3.9 | 0.5 | 0.2 | 0.0 | 0.1 |
| Equity | N/A | 182M | 265M | 375M | 408M | 428M | 467M | 485M | 511M | 508M | 523M | 523M |
| Total Assets | N/A | 1.4B | 1.7B | 3.0B | 2.8B | 3.4B | 4.2B | 3.9B | 4.0B | 4.0B | 4.2B | 4.2B |
| Total Liabilities | N/A | 1.2B | 1.4B | 2.6B | 2.4B | 2.9B | 3.8B | 3.4B | 3.5B | 3.5B | 3.7B | 3.7B |
| Intangibles | N/A | N/A | 1.4M | 7.6M | 6.1M | N/A | N/A | N/A | 2.8M | 2.0M | N/A | N/A |
| Retained Earnings | N/A | 31M | 51M | 82M | 112M | 138M | 181M | 226M | 255M | 264M | 282M | 282M |
| Working Capital | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 | 0 |
| Current Assets | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 | 0 |
| Current Liabilities | 0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0 | 0 |
| Per Share Data | ||||||||||||
| EPS | 0.96 | 1.39 | 1.68 | 2.01 | 1.92 | 1.65 | 2.86 | 3.33 | 2.24 | 1.47 | 1.83 | 1.83 |
| Owner EPS | 1.97 | 3.93 | 1.76 | -4.84 | 22.94 | 5.72 | 9.55 | 4.62 | 2.53 | 3.02 | 2.28 | 2.28 |
| Book Value | N/A | 13.23 | 17.45 | 20.86 | 20.00 | 21.50 | 23.53 | 25.10 | 26.97 | 28.00 | 29.98 | 29.98 |
| Cash Flow/Share | 2.15 | 4.10 | 1.89 | -4.71 | 23.38 | 6.25 | 10.20 | 4.86 | 2.71 | 3.22 | 2.49 | 1.93 |
| Dividends/Share | 0.25 | 0.20 | 0.38 | 0.35 | 0.40 | 0.33 | 0.51 | 0.56 | 0.64 | 0.64 | 0.64 | 0.65 |
| Shares Out. | 13.5M | 13.7M | 15.2M | 18.0M | 20.4M | 19.9M | 19.8M | 19.3M | 19.0M | 18.1M | 17.5M | 17.5M |
| Valuation | ||||||||||||
| P/E Ratio | N/A | N/A | 13.1 | 7.1 | 9.1 | 8.0 | 8.0 | 5.5 | 8.2 | 13.5 | N/A | 14.4 |
| P/FCF | N/A | N/A | 11.9 | N/A | 0.8 | 2.2 | 2.3 | 3.9 | 6.8 | 6.3 | N/A | 10.8 |
| EV/EBIT | N/A | N/A | 6.3 | 5.2 | 2.8 | 2.1 | -0.7 | 4.3 | 5.4 | 46.7 | N/A | 48.2 |
| Price/Book | N/A | N/A | 1.3 | 0.7 | 0.9 | 0.6 | 1.0 | 0.7 | 0.7 | 0.7 | N/A | 0.9 |
| Price/Sales | N/A | N/A | 3.9 | 4.3 | 2.8 | 2.3 | 2.7 | 2.4 | 1.9 | 3.0 | N/A | 1.9 |
| FCF Yield | N/A | N/A | 8.4% | -33.8% | 132.8% | 45.8% | 44.2% | 25.7% | 14.6% | 16.0% | N/A | 9.3% |
| Market Cap | 0 | N/A | 334M | 258M | 358M | 263M | 453M | 356M | 347M | 361M | 0 | 459M |
| Avg. Price | 0.00 | N/A | 18.99 | 21.62 | 16.06 | 12.08 | 19.52 | 19.93 | 13.57 | 19.07 | 0.00 | 26.28 |
| Year-End Price | 0.00 | N/A | 21.99 | 14.35 | 17.52 | 13.17 | 22.74 | 18.44 | 18.28 | 19.91 | 0.00 | 26.28 |
RBB Bancorp passes 2 of 9 quality checks, indicating weak fundamentals.
RBB Bancorp trades at 17.6x trailing earnings, compared to its 15-year median P/E of 8.1x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 9.3x vs a median of 3.9x. The company's 5-year average ROIC is 7.1%. Total shareholder yield (dividends + buybacks) is 5.5%. At current prices, the estimated annualized return to fair value is -22.1%.
RBB Bancorp (RBB) has a net profit margin of 13.4%. This is a healthy margin.
RBB Bancorp (RBB) generated $43 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
RBB Bancorp (RBB) has a debt-to-equity ratio of 0.23. This indicates a conservatively financed balance sheet.
RBB Bancorp (RBB) reported earnings per share (EPS) of $1.83 in its most recent fiscal year.
RBB Bancorp (RBB) has a return on equity (ROE) of 6.2%. This indicates moderate shareholder returns.
The Ledger Terminal provides 11 years of financial data for RBB Bancorp (RBB), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
RBB Bancorp (RBB) has a book value per share of $29.98, based on its most recent annual SEC filing.