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Jun 30, 2022
Rbb Bancorp Q2 2022 Earnings Report
Reported financial results for the quarter ended June 30, 2022.
Key Takeaways
RBB Bancorp reported a net income of $15.5 million, or $0.80 diluted earnings per share, for the three months ended June 30, 2022. The company saw increases compared to both the prior quarter and the second quarter of 2021.
Net income increased to $15.5 million, or $0.80 diluted earnings per share.
Net interest income, before provision for loan losses, increased to $37.1 million.
Noninterest income increased to $3.4 million.
Nonperforming assets decreased to $14.2 million, or 0.36% of total assets.
Forward Guidance
RBB Bancorp expects to wind down the Board of Directors investigation in the third quarter.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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