2023-04-25 02:22:39 ET
- RBB Bancorp press release ( NASDAQ: RBB ): Q1 GAAP EPS of $0.58 misses by $0.13 .
- Revenue of $36.46M (-2.6% Y/Y) misses by $0.86M .
- Deposits, excluding brokered certificates of deposits, increased by $58.5 million, or 8.7% annualized, from the end of the fourth quarter.
- Return on average assets of 1.12%.
- Return on average tangible common equity of 10.66%.
- Net interest margin of 3.70%.
- The ratio of allowance for credit losses to total loans increased to 1.29% from 1.23% at the end of prior quarter.
- The Company's capital position remained strong with a ratio of 16.3% tier 1 common equity to risk-weighted assets.
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RBB Bancorp GAAP EPS of $0.58 misses by $0.13, revenue of $36.46M misses by $0.86M