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Jun 30, 2023
Rbb Bancorp Q2 2023 Earnings Report
Reported net income of $10.9 million, or $0.58 diluted earnings per share.
Key Takeaways
RBB Bancorp reported a net income of $10.9 million, or $0.58 diluted earnings per share, for the quarter ended June 30, 2023. The company is proactively managing its loan portfolio and confident that underwriting standards will limit ultimate losses.
Net income decreased to $10.9 million, or $0.58 diluted earnings per share, compared to the previous quarter.
Net interest income decreased to $31.9 million.
Return on average assets decreased to 1.08%.
The ratio of allowance for credit losses to total loans increased to 1.35%.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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