LOS ANGELES, Jan. 07, 2026 (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", today announced that it will release financial results for its fourth quarter and year ended December 31, 2025 after the markets close on Monday, January 26, 2026. Management will hold a conference call at 11:00 a.m. Pacific Time/2:00 p.m. Eastern Time on Tuesday, January 27, 2026, to discus ...

Core Insights - CW Bancorp reported a consolidated net income of $2,778,000 for Q3 2025, a decrease of 9% from $3,131,000 in Q3 2024, with diluted EPS dropping to $0.93 from $1.03 [1] - Excluding a one-time charge of $1.025 million due to a client fraud incident, net income would have been $3,501,000, reflecting a 14% increase in EPS to $1.19 [1][2] - The company emphasized strong performance driven by client focus and technology, including AI, to enhance productivity and efficiency [2] Financial Performance - Total assets decreased by $49.5 million, or 4%, year-over-year, totaling $1,125,705,000 as of September 30, 2025 [2][16] - Total loans increased by $56.8 million, or 8%, year-over-year, reaching $808,797,000 [2][17] - Total deposits decreased by $55.3 million, or 5%, with non-interest-bearing deposits down 2% and interest-bearing deposits down 9% [3][16] Income and Expenses - Interest income for Q3 2025 was $14,287,000, a 3% increase from $13,856,000 in Q3 2024, while interest expense decreased by 10% to $3,450,000 [4][5] - Net interest income for Q3 2025 was $10,837,000, an 8% increase from $10,015,000 in Q3 2024, with a net interest margin rising to 3.91% from 3.75% [6][16] - Non-interest income decreased by 32% to $1,175,000 for Q3 2025 compared to $1,727,000 in the same period last year [8] Efficiency and Ratios - The efficiency ratio for Q3 2025, excluding the one-time charge, improved to 58.90% from 62.23% in 2024, indicating better cost management [10] - Capital ratios remained strong, with a tier 1 leverage ratio of 12.22% and a total risk-based capital ratio of 17.93% as of September 30, 2025 [11][16] Strategic Focus - The company aims to grow core deposits and expand quality commercial lending relationships while focusing on innovation and technology [2][12] - CommerceWest Bank is committed to redefining banking for small and medium-sized businesses through customized products and services [12]

Core Viewpoint - RBB Bancorp will release its financial results for the third quarter ended September 30, 2025, on October 20, 2025, after market close [1] Group 1: Financial Results Announcement - The financial results will be discussed in a conference call scheduled for October 21, 2025, at 11:00 a.m. Pacific Time [2] - Interested parties can access the conference call via phone or through a live webcast on the Company's website [3] Group 2: Corporate Overview - RBB Bancorp is a community-based financial holding company with total assets of $4.1 billion as of June 30, 2025 [4] - The Company operates Royal Business Bank, which provides a range of banking services primarily to Asian-centric communities across various locations in California, Nevada, New York, New Jersey, Illinois, and Hawaii [4] - The Bank offers services including remote deposit, E-banking, mobile banking, various types of loans, trade finance, and wealth management [4] - RBB Bancorp has multiple branches across several states, with its administrative and lending center located in Los Angeles, California [4]

Company Overview - CW Bancorp, the parent company of CommerceWest Bank, focuses on redefining banking for small and medium-sized businesses through customized products and services [2] - Founded in 2001 and headquartered in Irvine, California, the bank serves businesses across California with a digital banking platform [2] - The bank offers a wide range of commercial banking services, including remote deposit solutions, online banking, mobile banking, lines of credit, M&A/working capital loans, commercial real estate loans, SBA loans, and treasury management services [2] Recent Developments - The Board of Directors of CW Bancorp has approved a quarterly cash dividend of $0.23 per common share [1] - This dividend is payable on October 1, 2025, to shareholders of record as of September 15, 2025 [1] Mission Statement - CommerceWest Bank aims to create a complete banking experience tailored to the specific needs of businesses, providing high-quality, low-stress, and personalized banking and financial services [3]

Core Viewpoint - CW Bancorp reported solid financial results for the second quarter of 2025, with a slight increase in net income and earnings per share compared to the same period in 2024, alongside significant loan and deposit growth despite economic uncertainties [1][4]. Financial Performance - Consolidated net income for Q2 2025 was $3,082,000, or $1.02 per diluted share, compared to $3,084,000, or $1.00 per diluted share in Q2 2024, marking a 2% increase in EPS [1][19]. - For the six months ended June 30, 2025, net income was $6,017,000, or $1.99 per diluted share, compared to $6,077,000, or $1.96 per diluted share for the same period in 2024, also reflecting a 2% increase in EPS [1][19]. Asset and Loan Growth - Total assets increased by $51.2 million, or 5%, to $1,181.7 million as of June 30, 2025, compared to the same period last year [4][5]. - Total loans rose by $94.1 million, or 13%, to $811.1 million as of June 30, 2025, indicating strong loan growth [4][5]. Deposit Growth - Total deposits increased by $42.7 million, or 4%, to $1,029.6 million as of June 30, 2025, compared to the previous year [6][18]. - Non-interest-bearing deposits grew by $19.3 million, or 3%, while interest-bearing deposits increased by $23.3 million, or 6% [6][18]. Interest Income and Expense - Interest income for Q2 2025 was $13,671,000, a 2% increase from $13,344,000 in Q2 2024 [7][19]. - Interest expense for Q2 2025 was $3,589,000, slightly up from $3,573,000 in Q2 2024, reflecting an increase of less than 1% [7][19]. Net Interest Income - Net interest income for Q2 2025 was $10,082,000, a 3% increase from $9,771,000 in Q2 2024 [9][19]. - The net interest margin remained stable at 3.82% for Q2 2025, unchanged from the previous year [9][19]. Non-Interest Income and Expense - Non-interest income for Q2 2025 was $1,335,000, up 10% from $1,219,000 in Q2 2024 [12][19]. - Non-interest expense for Q2 2025 was $6,987,000, an increase of 5% from $6,661,000 in Q2 2024 [13][19]. Efficiency Ratio - The efficiency ratio for Q2 2025 was 61.34%, compared to 60.28% in Q2 2024, indicating a slight increase in costs relative to income [14][19]. Capital Ratios - As of June 30, 2025, the tier 1 leverage ratio was 12.68%, and the total risk-based capital ratio was 18.08%, both above the levels required for a "well capitalized" institution [15][19].

Core Insights - CW Bancorp reported a consolidated net income of $2,935,000 for Q1 2025, representing a slight decrease of 2% compared to $2,993,000 in Q1 2024, with earnings per share (EPS) increasing by 1% to $0.97 [1][11] Financial Performance - Total assets increased by $51.8 million, or 5%, reaching $1,151.6 million as of March 31, 2025, compared to the previous year [3][13] - Total loans rose by $84.5 million, a 12% increase year-over-year, totaling $802.2 million [3][13] - Total deposits grew by $44.5 million, or 5%, amounting to $1,002.1 million, with interest-bearing deposits increasing by 12% [4][13] Income and Expenses - Interest income for Q1 2025 was $13,437,000, up 10% from $12,242,000 in Q1 2024, while interest expense increased by 9% to $3,393,000 [5][14] - Net interest income for the quarter was $10,044,000, reflecting a 10% growth compared to $9,128,000 in the same period last year [6][14] - Non-interest income increased by 3% to $1,245,000, while non-interest expenses rose by 16% to $7,175,000 [7][14] Efficiency and Ratios - The efficiency ratio for Q1 2025 was 63.22%, up from 59.42% in the previous year, indicating increased costs relative to income [8][11] - The allowance for credit losses (ACL) to total loans ratio stood at 1.42%, with no provisions for credit losses reported for both Q1 2025 and Q1 2024 [6][11] - Capital ratios remained strong, with a tier 1 leverage ratio of 12.35% and a total risk-based capital ratio of 18.01% as of March 31, 2025 [9][11] Business Strategy - The company aims to redefine banking for small and medium-sized businesses by offering customized products and services, supported by a digital banking platform [10]