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Mar 31, 2021
Rbb Bancorp Q1 2021 Earnings Report
Reported record net income and strong growth in noninterest-bearing deposits.
Key Takeaways
RBB Bancorp reported record net income of $12.5 million, or $0.63 diluted earnings per share, for the quarter ended March 31, 2021. The company benefited from a rapidly improving economy and saw strong growth in noninterest-bearing deposits.
Reported record net income of $12.5 million, or $0.63 diluted earnings per share.
Net income increased $1.3 million, or 11.7%, from the prior quarter.
Net income increased $5.7 million, or 84.6%, from the first quarter of 2020.
Non-interest bearing deposits increased by $170.2 million, or 27.6%, from the end of the prior quarter.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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