RBB Bancorp (RBB)
RBB Bancorp operates in the Banks - Regional industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $27.32, up 0.81% on the session, giving a market capitalisation of $462.7M. On trailing twelve-month figures it carries a trailing P/E of 11.20, a net margin of 17.3%. Its beta of 1.02 implies it has historically moved more than the broad market.
RBB Bancorp, founded in 2008 and headquartered in Los Angeles, California, functions as the parent entity for Royal Business Bank. The bank specializes in offering a comprehensive suite of financial products and banking services primarily to the Chinese-American, Korean-American, and other Asian-American populations. Its deposit offerings include checking, savings, and money market accounts, along with certificates of deposit. For lending, RBB Bancorp provides commercial and industrial lines of credit, term loans, mortgage warehouse facilities, and international trade discount financing. The institution also funds commercial real estate transactions, residential and commercial development, land acquisition, and construction projects, alongside offering Small Business Administration (SBA) loans and single-family residential mortgages. Furthermore, the bank delivers international banking services such as letters of credit, SWIFT transfers, export advisory, trade finance discounts, and foreign exchange. Modern conveniences like remote deposit, online banking, and mobile banking are also available. Its diverse client base spans individuals, businesses, municipalities, and various other organizations. As of December 31, 2021, RBB Bancorp maintained a network of 23 branch locations, situated in the Western region across Los Angeles, Orange, and Ventura Counties in California, Clark County in Nevada, and Honolulu, Hawaii, as well as in the Eastern region, including Manhattan, Brooklyn, and Queens in New York, Chicago, Illinois, and Edison, New Jersey.
RBB Bancorp is most often compared with the following Financial Services names: