Royal Business Bank

RBB Bancorp to Report First Quarter 2024 Financial Results

Retrieved on: 
Tuesday, April 2, 2024
Banking, Professional Services, Finance, Conference, SBA, Bank, RAM, Royal Business Bank

RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", today announced it will release financial results for its first quarter ended March 31, 2024 after the markets close on Monday, April 22, 2024.

Key Points: 
  • RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", today announced it will release financial results for its first quarter ended March 31, 2024 after the markets close on Monday, April 22, 2024.
  • Management will hold a conference call at 11:00 a.m. Pacific Time/2:00 p.m. Eastern Time on Tuesday, April 23, 2024 to discuss the Company's financial results.
  • To listen to the conference call, please dial 1-888-506-0062 or 1-973-528-0011, passcode 123643, Conference ID RBBQ124.
  • RBB Bancorp is a community-based financial holding company headquartered in Los Angeles, California.

RBB Bancorp Announces Stock Repurchase Program

Retrieved on: 
Thursday, February 29, 2024
Banking, Professional Services, Finance, Acquisition, Consent, Consumer Protection Act, Weather, Annual report, Risk management, Bank, Fire, Terrorism, Disclosure, FDIC, RAM, Pandemic, Information, Earthquake, Climate change, Financial Accounting Standards Board, FRB, Security (finance), Risk, Royal Business Bank, Update, SBA, Insurance

RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", announced that its Board of Directors has authorized a stock repurchase program.

Key Points: 
  • RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", announced that its Board of Directors has authorized a stock repurchase program.
  • Under the repurchase program, the Company may buy back up to 1,000,000 shares of its common stock, or approximately 5% of its outstanding shares, through March 31, 2026.
  • The repurchase program does not obligate the Company to purchase any particular number of shares.
  • RBB Bancorp is a community-based financial holding company headquartered in Los Angeles, California.

RBB Bancorp Declares Quarterly Cash Dividend of $0.16 Per Common Share

Retrieved on: 
Thursday, January 18, 2024
Banking, Professional Services, Finance, Weather, RAM, COVID-19, SBA, DBO, Insurance, Royal Business Bank, Consumer protection, FRB, Failure, Terrorism, Climate change, Pandemic, Acquisition, Federal Deposit Insurance Corporation, FDIC, Risk, Annual report, Earthquake, Bank

RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per common share.

Key Points: 
  • RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per common share.
  • The dividend is payable on February 9, 2024 to common shareholders of record as of January 31, 2024.
  • RBB Bancorp is a bank holding company headquartered in Los Angeles, California.
  • As of September 30, 2023, the Company had total assets of $4.1 billion.

RBB Bancorp to Report Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Tuesday, January 9, 2024
Banking, Professional Services, Finance, Bank, RAM, Royal Business Bank, Conference, SBA

RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", today announced it will release financial results for its fourth quarter and year ended December 31, 2023 after the markets close on Monday, January 22, 2024.

Key Points: 
  • RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", today announced it will release financial results for its fourth quarter and year ended December 31, 2023 after the markets close on Monday, January 22, 2024.
  • Management will hold a conference call at 11:00 a.m. Pacific Time/2:00 p.m. Eastern Time on Tuesday, January 23, 2024 to discuss the Company's financial results.
  • To listen to the conference call, please dial 1-888-506-0062 or 1-973-528-0011, passcode 885254, Conference ID RBBQ423.
  • RBB Bancorp is a community-based financial holding company headquartered in Los Angeles, California.

RBB Bancorp Announces Appointment of Lynn Hopkins as Interim Executive Vice President and Chief Financial Officer

Retrieved on: 
Monday, December 11, 2023
Banking, Professional Services, Finance, Acquisition, Federal Deposit Insurance Corporation, Climate change, Royal Business Bank, Risk management, Interim, Financial Accounting Standards Board, CFO, Treasury, Strategic planning, Commercial bank, FDIC, Growth, Banq, Knowledge, Pandemic, Disclosure, Bank, Executive, University, LIBOR, Forecasting, Bank Secrecy Act, Update, Consumer protection, Certified Public Accountant, Insurance, Weather, Failure, Earthquake, Terrorism, SOFR, Annual report, FRB, California Department, COVID-19, London Interbank Bid Rate, SBA, Risk, Interim management, Management, Financial services, PacWest Bancorp, First Interstate Bancorp

RBB Bancorp (the “Company”, “we”, “us” or “our”) (NASDAQ: RBB) is pleased to announce the appointment of Ms. Lynn M. Hopkins as Interim Executive Vice President and Chief Financial Officer of Royal Business Bank (the “Bank”) and RBB Bancorp effective December 7, 2023.

Key Points: 
  • RBB Bancorp (the “Company”, “we”, “us” or “our”) (NASDAQ: RBB) is pleased to announce the appointment of Ms. Lynn M. Hopkins as Interim Executive Vice President and Chief Financial Officer of Royal Business Bank (the “Bank”) and RBB Bancorp effective December 7, 2023.
  • Prior to joining the Company, Ms. Hopkins held the position of Executive Vice President and Chief Financial Officer, at Banc of California, Inc., a publicly traded bank holding company with $9.3 billion in assets.
  • Ms. Hopkins also held Chief Financial Officer roles at First Choice Bancorp and Commercial Bank of California, and various executive finance and corporate leadership roles at PacWest Bancorp, California Community Bancshares and Western Bancorp.
  • David Morris, Chief Executive Officer of the Company, expressed enthusiasm for Ms. Hopkins’ appointment, stating, “We are thrilled to have Lynn join us as Interim Chief Financial Officer and look forward to her contributions to the Company.

RBB Bancorp Announces Corrections to Third Quarter Earnings Release

Retrieved on: 
Tuesday, November 14, 2023
Banking, Professional Services, Finance, Pandemic, Earthquake, Disclosure, Terrorism, Bank Secrecy Act, Royal Business Bank, Bank, SOFR, Climate change, Risk management, Federal Deposit Insurance Corporation, Financial Accounting Standards Board, Community development, Consumer Protection Act, Annual report, Bank statement, FRB, Award, LIBOR, California Department, Weather, COVID-19, FDIC, Update, Acquisition, London Interbank Bid Rate, SBA, Risk, Fire, Information, Life insurance

The Company had previously announced in its quarterly earnings release that the Company’s noninterest income for the three months ended September 30, 2023 was $7.7 million, which included the full amount of the $5.0 million Award.

Key Points: 
  • The Company had previously announced in its quarterly earnings release that the Company’s noninterest income for the three months ended September 30, 2023 was $7.7 million, which included the full amount of the $5.0 million Award.
  • The Company subsequently determined that the income recognition should be deferred and not included in noninterest income for the interim period.
  • The Company has also made available on its website, www.royalbusinessbankusa.com , an updated investor presentation reflecting the corrected third quarter earnings results, which contains certain historical and forward-looking information relating to the Company.
  • RBB Bancorp is a community-based financial holding company headquartered in Los Angeles, California.

RBB Bancorp Declares Quarterly Cash Dividend of $0.16 Per Share

Retrieved on: 
Thursday, October 19, 2023
Banking, Professional Services, Finance, Federal Deposit Insurance Corporation, Bank, COVID-19, Consumer protection, Insurance, FRB, Investor Protection and Securities Reform Act of 2010, Terrorism, Acquisition, Failure, Royal Business Bank, LIBOR, FDIC, Weather, Earthquake, RAM, DBO, Bank Secrecy Act, Public Company Accounting Oversight Board, Provisions of the Dodd–Frank Wall Street Reform and Consumer Protection Act, London Interbank Bid Rate, SBA, Climate change, Financial Accounting Standards Board, Risk, Pandemic, Annual report

RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per share.

Key Points: 
  • RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per share.
  • The dividend is payable on November 10, 2023 to common shareholders of record as of October 30, 2023.
  • RBB Bancorp is a bank holding company headquartered in Los Angeles, California.
  • As of June 30, 2023, the Company had total assets of $4.1 billion.

RBB Bancorp to Report Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, October 10, 2023
Banking, Professional Services, Finance, RAM, Royal Business Bank, SBA, Bank, Conference, Communications satellite, Financial services

RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", today announced that it will release financial results for its third quarter ended September 30, 2023 after the markets close on Monday, October 23, 2023.

Key Points: 
  • RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", today announced that it will release financial results for its third quarter ended September 30, 2023 after the markets close on Monday, October 23, 2023.
  • Management will hold a conference call at 11:00 a.m. Pacific Time/2:00 p.m. Eastern Time on Tuesday, October 24, 2023 to discuss the Company's financial results.
  • To listen to the conference call, please dial 1-888-506-0062 or 1-973-528-0011, passcode 626566, Conference ID RBBQ323.
  • RBB Bancorp is a community-based financial holding company headquartered in Los Angeles, California.

Gateway Bank, F.S.B. and Royal Business Bank Agree to Terminate Merger Agreement

Retrieved on: 
Friday, September 29, 2023
Banking, Professional Services, Growth, Arnold, Royal Business Bank, F.S.B, Lease, Management

announced today that, effective as of September 28, 2023, Gateway Bank and Royal Business Bank have mutually agreed to terminate the definitive agreement previously entered into on December 28, 2021.

Key Points: 
  • announced today that, effective as of September 28, 2023, Gateway Bank and Royal Business Bank have mutually agreed to terminate the definitive agreement previously entered into on December 28, 2021.
  • “While we are disappointed with this outcome, Gateway Bank has made tremendous strides in recent years and the board and management is excited about the future growth prospects of the bank” said Timothy Chrisman, the Chairman of the Board of Directors.
  • “Gateway Bank remains well-capitalized and credit quality is strong.
  • We have a renewed focus on Gateway Bank’s growth prospects and are pleased to announce the hiring of Arnold T. Grisham as the bank’s proposed President and Chief Executive Officer.

RBB Bancorp Declares Quarterly Cash Dividend of $0.16 Per Share

Retrieved on: 
Thursday, July 20, 2023
Banking, Professional Services, Finance, RAM, SBA, Bank, Royal Business Bank

RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per share.

Key Points: 
  • RBB Bancorp (NASDAQ: RBB ) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company", announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per share.
  • The dividend is payable on August 11, 2023 to common shareholders of record as of July 31, 2023.
  • RBB Bancorp is a bank holding company headquartered in Los Angeles, California.
  • As of March 31, 2023, the Company had total assets of $4.1 billion.