RBB Bancorp (NASDAQ:RBB) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.

Brokerages have set a 1-year consensus price target of $25.00 for the company, according to Zacks. Zacks has also given RBB Bancorp an industry rank of 156 out of 255 based on the ratings given to its competitors.

A number of brokerages have recently weighed in on RBB. Stephens reissued a “buy” rating and set a $36.00 price target on shares of RBB Bancorp in a research report on Tuesday, October 23rd. Zacks Investment Research cut shares of RBB Bancorp from a “hold” rating to a “sell” rating in a research report on Saturday, November 17th. TheStreet cut shares of RBB Bancorp from a “c-” rating to a “d+” rating in a research report on Friday, November 9th. Finally, ValuEngine cut shares of RBB Bancorp from a “hold” rating to a “sell” rating in a research report on Monday, February 4th.

Shares of NASDAQ RBB traded up $0.30 during midday trading on Monday, reaching $19.74. 26,704 shares of the stock were exchanged, compared to its average volume of 36,247. The stock has a market cap of $366.93 million, a price-to-earnings ratio of 9.27 and a beta of 1.17. RBB Bancorp has a 12 month low of $17.03 and a 12 month high of $33.62. The company has a quick ratio of 0.99, a current ratio of 1.23 and a debt-to-equity ratio of 0.89.

RBB Bancorp (NASDAQ:RBB) last announced its quarterly earnings results on Monday, January 28th. The company reported $0.47 earnings per share for the quarter. The company had revenue of $31.07 million for the quarter. RBB Bancorp had a net margin of 31.77% and a return on equity of 12.70%. On average, research analysts anticipate that RBB Bancorp will post 2.15 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, February 15th. Stockholders of record on Monday, February 4th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.03%. This is a boost from RBB Bancorp’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend is Friday, February 1st. RBB Bancorp’s dividend payout ratio (DPR) is currently 18.78%.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE lifted its position in RBB Bancorp by 276.4% in the 2nd quarter. Bank of America Corp DE now owns 3,222 shares of the company’s stock valued at $104,000 after acquiring an additional 2,366 shares in the last quarter. Cox Capital Mgt LLC lifted its position in RBB Bancorp by 9.7% in the 4th quarter. Cox Capital Mgt LLC now owns 11,805 shares of the company’s stock valued at $215,000 after acquiring an additional 1,047 shares in the last quarter. SG Americas Securities LLC bought a new stake in RBB Bancorp in the 3rd quarter valued at $229,000. MetLife Investment Advisors LLC bought a new stake in RBB Bancorp in the 3rd quarter valued at $255,000. Finally, Virtu Financial LLC bought a new stake in RBB Bancorp in the 3rd quarter valued at $260,000. 28.20% of the stock is currently owned by institutional investors and hedge funds.

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; and certificates of deposits. 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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