Several brokerages have updated their recommendations and price targets on shares of RBB Bancorp (NASDAQ: RBB) in the last few weeks:
- 2/7/2025 – RBB Bancorp had its price target lowered by analysts at Keefe, Bruyette & Woods from $26.00 to $22.00. They now have a “market perform” rating on the stock.
- 2/5/2025 – RBB Bancorp had its price target lowered by analysts at Piper Sandler from $23.00 to $20.00. They now have a “neutral” rating on the stock.
- 2/5/2025 – RBB Bancorp had its price target lowered by analysts at Stephens from $25.00 to $23.00. They now have an “equal weight” rating on the stock.
- 2/4/2025 – RBB Bancorp had its “equal weight” rating reaffirmed by analysts at Stephens. They now have a $25.00 price target on the stock.
RBB Bancorp Stock Down 0.1 %
Shares of RBB Bancorp stock traded down $0.01 on Tuesday, hitting $17.68. 21,206 shares of the company’s stock traded hands, compared to its average volume of 48,165. The stock has a market cap of $312.76 million, a P/E ratio of 12.11 and a beta of 0.97. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.66. The firm’s 50-day moving average is $20.12 and its 200 day moving average is $21.94. RBB Bancorp has a 52-week low of $16.54 and a 52-week high of $25.30.
RBB Bancorp (NASDAQ:RBB – Get Free Report) last announced its quarterly earnings data on Monday, February 3rd. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.12). RBB Bancorp had a return on equity of 5.21% and a net margin of 11.49%. Equities analysts anticipate that RBB Bancorp will post 1.62 earnings per share for the current year.
RBB Bancorp Announces Dividend
Insider Activity at RBB Bancorp
In related news, EVP Gary Fan sold 12,000 shares of the stock in a transaction on Friday, December 6th. The stock was sold at an average price of $23.45, for a total value of $281,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 6.63% of the company’s stock.
Institutional Investors Weigh In On RBB Bancorp
A number of institutional investors have recently bought and sold shares of the business. BNP Paribas Financial Markets raised its stake in shares of RBB Bancorp by 13.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,744 shares of the company’s stock valued at $86,000 after acquiring an additional 444 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of RBB Bancorp by 195.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,738 shares of the company’s stock valued at $36,000 after acquiring an additional 1,149 shares in the last quarter. SG Americas Securities LLC increased its position in RBB Bancorp by 20.0% in the 4th quarter. SG Americas Securities LLC now owns 6,992 shares of the company’s stock worth $143,000 after buying an additional 1,167 shares during the period. MetLife Investment Management LLC increased its position in RBB Bancorp by 14.9% in the 4th quarter. MetLife Investment Management LLC now owns 10,315 shares of the company’s stock worth $211,000 after buying an additional 1,336 shares during the period. Finally, R Squared Ltd bought a new position in RBB Bancorp in the 4th quarter worth approximately $29,000. 40.14% of the stock is currently owned by institutional investors and hedge funds.
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 checking, savings, and money market accounts, as well as certificates of deposit.
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