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Sep 30, 2021
Rbb Bancorp Q3 2021 Earnings Report
Reported record net income and diluted earnings per share, driven by differentiated business model and community support.
Key Takeaways
RBB Bancorp reported a record net income of $15.4 million, or $0.77 diluted earnings per share, for the quarter ended September 30, 2021. The results were driven by the company's differentiated business model and were positively impacted by a $1.8 million CDFI grant.
Record net income of $15.4 million, or $0.77 diluted earnings per share.
Net income increased $2.0 million, or 14.8%, from the prior quarter.
Net income increased $6.8 million, or 80.3%, from the third quarter of 2020.
Third quarter results included the impact of a $1.8 million CDFI grant that increased diluted earnings per share by approximately $0.07.
Forward Guidance
No specific forward guidance was provided in the earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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