RBB

MKT CAP:$403M

RBB Bancorp

Market Cap

$403M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$24.52+$4.04 (+19.70%)

Apr 22, 2026

Company Details

RBB Bancorp operates as the bank holding company for Royal Business Bank that provides various banking products and services to the Chinese-American, Korean-American, and other Asian-American communities. Its deposit products include checki...

CEO

Johnny Lee

IPO Date

Jul 26, 2017

Website

www.royalbusinessbankusa.com

Key Metrics TTM

Revenue

$244M

+7.0% YoY

Net Income

$41M

EPS (Diluted)

$2.36

Free Cash Flow

$43M

Revenue / Share

$14.23

Gross Margin

54.0%

Operating Margin

22.4%

Net Margin

16.8%

FCF Margin

17.4%

P/S

1.7x

P/E

9.9x

Earnings Reports

Q1 2026

Apr 20, 2026

NEW

$61M+11.8%EPS $0.66

FY 2025

Mar 9, 2026

$238M+2.6%EPS $1.83

Q4 2025

Mar 9, 2026

$60M+4.7%EPS $0.59

Q3 2025

Nov 7, 2025

$61M+0.9%EPS $0.59

Q2 2025

Aug 8, 2025

$63M+11.2%EPS $0.52

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$45M	$39M	$22M
Q3 22	$49M	$40M	$23M
Q4 22	$55M	$39M	$25M
Q1 23	$56M	$34M	$16M
Q2 23	$59M	$34M	$16M
Q3 23	$58M	$29M	$12M
Q4 23	$62M	$33M	$17M
Q1 24	$58M	$28M	$11M
Q2 24	$56M	$27M	$10M
Q3 24	$60M	$27M	$10M
Q4 24	$57M	$23M	$5M
Q1 25	$55M	$22M	$3M
Q2 25	$63M	$33M	$13M
Q3 25	$61M	$32M	$13M
Q4 25	$60M	$32M	$13M
Q1 26	$61M	$35M	$16M

Valuation

Quarter	P/S	P/E
Q2 22	2.3x	6.6x
Q3 22	2.3x	6.4x
Q4 22	2.1x	6.1x
Q1 23	1.4x	4.8x
Q2 23	1.0x	4.0x
Q3 23	1.0x	5.0x
Q4 23	1.4x	8.0x
Q1 24	1.4x	8.2x
Q2 24	1.5x	9.8x
Q3 24	1.8x	12.3x
Q4 24	1.6x	13.9x
Q1 25	1.3x	14.0x
Q2 25	1.3x	13.3x
Q3 25	1.4x	12.7x
Q4 25	1.5x	11.5x
Q1 26	1.5x	8.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$33M	$32M
Q2 22	$12M	$12M
Q3 22	$26M	$26M
Q4 22	$23M	$22M
Q1 23	$17M	$16M
Q2 23	$18M	$18M
Q3 23	$25M	$25M
Q4 23	-$9M	-$9M
Q1 24	$5M	$5M
Q2 24	$12M	$12M
Q3 24	$25M	$24M
Q4 24	$17M	$17M
Q1 25	$8M	$8M
Q2 25	$22M	$22M
Q3 25	$2M	$2M
Q4 25	$12M	$12M

Capital Expenditures

Quarter	CapEx
Q1 22	$725.0K
Q2 22	$490.0K
Q3 22	$258.0K
Q4 22	$592.0K
Q1 23	$524.0K
Q2 23	$65.0K
Q3 23	$25.0K
Q4 23	$38.0K
Q1 24	$149.0K
Q2 24	$149.0K
Q3 24	$257.0K
Q4 24	$233.0K
Q1 25	$180.0K
Q2 25	$98.0K
Q3 25	$363.0K
Q4 25	$157.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+12.1%	+8.5%
Q3 22	+15.0%	+22.9%
Q4 22	+32.0%	+54.6%
Q1 23	+32.0%	+88.7%
Q2 23	+32.2%	+91.0%
Q3 23	+19.2%	+78.6%
Q4 23	+13.3%	+52.4%
Q1 24	+3.7%	+15.6%
Q2 24	-5.2%	+6.0%
Q3 24	+3.2%	+9.4%
Q4 24	-7.9%	+15.7%
Q1 25	-6.1%	+9.7%
Q2 25	+11.2%	+6.8%
Q3 25	+0.9%	-6.3%
Q4 25	+4.7%	-9.5%
Q1 26	+11.8%	-11.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$257.0K	0.6%
Q2 22	$149.0K	0.3%
Q3 22	$274.0K	0.6%
Q4 22	$168.0K	0.3%
Q1 23	$316.0K	0.6%
Q2 23	$150.0K	0.3%
Q3 23	$143.0K	0.2%
Q4 23	$141.0K	0.2%
Q1 24	$140.0K	0.2%
Q2 24	$688.0K	1.2%
Q3 24	$264.0K	0.4%
Q4 24	$268.0K	0.5%
Q1 25	$255.0K	0.5%
Q2 25	$925.0K	1.5%
Q3 25	$270.0K	0.4%
Q4 25	$293.0K	0.5%

OpEx Breakdown

Quarter	G&A	S&M
Q2 22	$10M	$501.0K
Q3 22	$10M	$364.0K
Q4 22	$3M	$406.0K
Q1 23	$11M	$300.0K
Q2 23	$10M	$252.0K
Q3 23	$11M	$340.0K
Q4 23	$10M	$240.0K
Q1 24	$11M	$172.0K
Q2 24	$11M	$189.0K
Q3 24	$11M	$252.0K
Q4 24	$11M	$251.0K
Q1 25	$12M	$197.0K
Q2 25	$12M	$212.0K
Q3 25	$12M	$252.0K
Q4 25	$11M	$202.0K
Q1 26	$17M	$215.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$225M	$358M	$583M
Q3 22	$135M	$266M	$401M
Q4 22	$84M	$257M	$341M
Q1 23	$231M	$293M	$525M
Q2 23	$247M	$391M	$638M
Q3 23	$331M	$354M	$686M
Q4 23	$432M	$76M	$508M
Q1 24	$270M	$335M	$605M
Q2 24	$253M	$326M	$579M
Q3 24	$350M	$306M	$656M
Q4 24	$258M	$87M	$346M
Q1 25	$239M	$378M	$618M
Q2 25	$192M	$413M	$606M
Q3 25	$236M	$411M	$646M
Q4 25	$27M	$407M	$434M
Q1 26	$197M	$421M	$617M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	19M	-2.4%	-2.8%
Q3 22	19M	-1.0%	-3.4%
Q4 22	19M	-0.2%	-3.8%
Q1 23	19M	-0.2%	-3.8%
Q2 23	19M	-0.3%	-1.7%
Q3 23	19M	+0.0%	-0.7%
Q4 23	19M	-0.3%	-0.7%
Q1 24	19M	-1.5%	-2.0%
Q2 24	18M	-1.4%	-3.1%
Q3 24	18M	-2.8%	-5.9%
Q4 24	18M	0.0%	-5.6%
Q1 25	18M	-0.6%	-4.8%
Q2 25	18M	+0.1%	-3.4%
Q3 25	18M	-0.9%	-1.5%
Q4 25	17M	-2.7%	-4.2%
Q1 26	17M	+0.2%	-3.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$124.3K	362
Q3 22	$135.2K	362
Q4 22	$144.9K	379
Q1 23	$148.1K	379
Q2 23	$157.0K	379
Q3 23	$153.9K	379
Q4 23	$165.5K	376
Q1 24	$154.7K	376
Q2 24	$149.9K	376
Q3 24	$160.0K	376
Q4 24	$154.0K	372
Q1 25	$146.9K	372
Q2 25	$168.5K	372
Q3 25	$163.1K	372
Q4 25	$162.6K	369
Q1 26	$165.5K	369

Revenue / Employee