| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 2.07 | 86.5% |
| Total Income | 2.07 | 86.5% |
| Expenditure | -13.62 | 554.8% |
| PBT | 15.70 | 392.2% |
| Net Profit | 11.30 | 393.4% |
| OPM | — | |
| NPM | 100.00% | 0.00pp |
| EPS | 0.66 | 407.7% |
RBB Bancorp Reports Q1 2026 Earnings: Net Income $11.3 Million
21 Apr 2026 · 21 Apr, 2:10 am
Summary
RBB Bancorp reported a net income of $11.3 million, or $0.66 diluted earnings per share, for the quarter ended March 31, 2026, compared to a net income of $10.2 million for the quarter ended December 31, 2025. Net interest income increased to $30.5 million for the first quarter of 2026, compared to $29.5 million for the fourth quarter of 2025. The net interest margin increased 16 basis points to 3.15% for the first quarter of 2026 from 2.99% for the fourth quarter of 2025. The provision for credit losses was a $200,000 reversal for the first quarter of 2026 compared to a $600,000 provision for the fourth quarter of 2025.
Key Highlights
- 1
RBB Bancorp's net income totaled $11.3 million, or $0.66 diluted earnings per share for Q1 2026.
- 2
Pre-tax pre-provision income totaled $15.5 million, a 16% increase compared to the prior quarter.
- 3
Net interest margin increased to 3.15% for the first quarter of 2026, from 2.99% for the prior quarter.
- 4
Nonperforming assets decreased 9% to $48.8 million at March 31, 2026, compared to the prior quarter end.
- 5
Book value and tangible book value per share increased to $31.10 and $26.84 at March 31, 2026, respectively.
- 6
Net interest income was $30.5 million for the first quarter of 2026, compared to $29.5 million for the fourth quarter of 2025.
- 7
The Board of Directors has declared a quarterly cash dividend of $0.16 per common share.
Management Comments
Johnny Lee
First quarter results represented a strong start to 2026, with higher net interest income, expanding margin and lower credit costs driving net income of $11.3 million, or $0.66 per diluted share. Net interest margin increased to 3.15% as declining deposit costs and improved earning asset yields more than offset modest pressure on loan balances. We also continued to make progress on credit quality, with nonperforming assets declining 9% from the prior quarter. Retail deposit growth remained strong, and we believe our continued focus on disciplined loan growth, deposit gathering and resolving problem assets positions us to continue to enhance shareholder value through 2026.
Informational and educational content only. Not investment advice.