Core Viewpoint - RBB Bancorp announces leadership changes, with Mr. Johnny Lee appointed as President and CEO of the Company and the Bank, effective January 1, 2025, and May 22, 2025, respectively, succeeding Mr. David Morris, who will retire on May 21, 2025 [1][4][5] Leadership Changes - Mr. Johnny Lee, currently President and Chief Banking Officer of Royal Business Bank, will take on the roles of President of the Company and CEO of the Bank starting January 1, 2025, and will become CEO of the Company on May 22, 2025 [1][5] - Mr. David Morris will resign as CEO of the Bank and President of the Company effective January 1, 2025, and will retire on May 21, 2025, while remaining on the Boards of Directors [4][5] - Mr. Mina Rizkalla will be promoted to Executive Vice President and Chief Risk Officer for both the Company and the Bank, effective January 1, 2025 [5] Company Overview - RBB Bancorp is a community-based financial holding company headquartered in Los Angeles, California, with total assets of $4.0 billion as of September 30, 2024 [6] - The wholly-owned subsidiary, Royal Business Bank, provides a range of banking services primarily to Asian communities and Asian-centric businesses across various locations, including Los Angeles County, Orange County, and New York [6][7]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |-------------------------------------------------------------------------------------------------------------------------|----------------------------- ...

RBB Bancorp (NASDAQ:RBB) Q3 2024 Earnings Conference Call October 22, 2024 2:00 PM ET Company Participants Catherine Wei - IR David Morris - Chief Executive Officer Johnny Lee - President Lynn Hopkins - Chief Financial Officer Jeffrey Yeh - Chief Credit Officer Gary Fan - Chief Administrative Officer Vincent Liu - Chief Risk Officer Conference Call Participants Brendan Nosal - Hovde Group Matthew Clark - Piper Sandler Kelly Motta - KBW Andrew Terrell - Stephens Operator Good day, and welcome to the RBB Banc ...

| --- | --- | --- | --- | |-------|--------------------------------------------------|-------|-------| | | | | | | | | | | | | 2024 Third Quarter Earnings Results NASDAQ: RBB | | | | | October 21, 2024 | | | Disclosure Statement This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often include the words "believes," "expects," "anticipates," "estimates," "forecasts," "intends," "plans," "targets," "potent ...

RBB (RBB) reported $30.29 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 14.2%. EPS of $0.39 for the same period compares to $0.63 a year ago.The reported revenue represents a surprise of +7.51% over the Zacks Consensus Estimate of $28.17 million. With the consensus EPS estimate being $0.38, the EPS surprise was +2.63%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...

RBB (RBB) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 2.63%. A quarter ago, it was expected that this bank holding company would post earnings of $0.34 per share when it actually produced earnings of $0.39, delivering a surprise of 14.71%. Over the last four quarters, the company ...

Exhibit 99.1 RBB Bancorp Reports Third Quarter 2024 Earnings and Declares Quarterly Cash Dividend of $0.16 Per Common Share Los Angeles, CA, October 21, 2024 – RBB Bancorp (NASDAQ:RBB) and its subsidiaries, Royal Business Bank (the "Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company," announced financial results for the quarter ended September 30, 2024. Third Quarter 2024 Highlights ● Net income totaled $7.0 million, or $ 0.39 diluted earnings per share ● Return ...

LOS ANGELES, Oct. 21, 2024 (GLOBE NEWSWIRE) -- RBB Bancorp (NASDAQ:RBB) and its subsidiaries, Royal Business Bank (the “Bank”) and RBB Asset Management Company (“RAM”), collectively referred to herein as “the Company,” announced financial results for the quarter ended September 30, 2024. Third Quarter 2024 Highlights Net income totaled $7.0 million, or $ 0.39 diluted earnings per shareReturn on average assets of 0.72%, compared to 0.76% for the quarter ended June 30, 2024Net interest margin of 2.68% compare ...

In its upcoming report, RBB (RBB) is predicted by Wall Street analysts to post quarterly earnings of $0.38 per share, reflecting a decline of 39.7% compared to the same period last year. Revenues are forecasted to be $28.17 million, representing a year-over-year decrease of 20.2%. The consensus EPS estimate for the quarter has undergone a downward revision of 2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimat ...

Wall Street expects a year-over-year decline in earnings on lower revenues when RBB (RBB) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 21. On the ...