RBB Bancorp operates as the bank holding company for Royal Business Bank that provides various banking products and services to the Chinese-American communities. More Details
Very undervalued with flawless balance sheet.
Share Price & News
How has RBB Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RBB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: RBB's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: RBB underperformed the US Banks industry which returned -19.6% over the past year.
Return vs Market: RBB underperformed the US Market which returned 21% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is RBB Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StRBB Bancorp (NASDAQ:RBB) Share Prices Have Dropped 37% In The Last Three Years
1 month ago | Simply Wall StRBB Bancorp Just Recorded A 33% EPS Beat: Here's What Analysts Are Forecasting Next
1 month ago | Simply Wall StHow Is RBB Bancorp's (NASDAQ:RBB) CEO Compensated?
Is RBB Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RBB ($15.15) is trading below our estimate of fair value ($22.71)
Significantly Below Fair Value: RBB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RBB is good value based on its PE Ratio (9.3x) compared to the US Banks industry average (11.3x).
PE vs Market: RBB is good value based on its PE Ratio (9.3x) compared to the US market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: RBB is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: RBB is good value based on its PB Ratio (0.7x) compared to the US Banks industry average (0.9x).
How is RBB Bancorp forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RBB's forecast earnings growth (14.9% per year) is above the savings rate (2.2%).
Earnings vs Market: RBB's earnings (14.9% per year) are forecast to grow slower than the US market (21.9% per year).
High Growth Earnings: RBB's earnings are forecast to grow, but not significantly.
Revenue vs Market: RBB's revenue (11.6% per year) is forecast to grow faster than the US market (10.3% per year).
High Growth Revenue: RBB's revenue (11.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RBB's Return on Equity is forecast to be low in 3 years time (8.9%).
How has RBB Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RBB has high quality earnings.
Growing Profit Margin: RBB's current net profit margins (30.9%) are lower than last year (33.5%).
Past Earnings Growth Analysis
Earnings Trend: RBB's earnings have grown significantly by 20.4% per year over the past 5 years.
Accelerating Growth: RBB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RBB had negative earnings growth (-14.8%) over the past year, making it difficult to compare to the Banks industry average (-4.1%).
Return on Equity
High ROE: RBB's Return on Equity (7.7%) is considered low.
How is RBB Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: RBB's Assets to Equity ratio (8x) is low.
Allowance for Bad Loans: RBB has a sufficient allowance for bad loans (148%).
Low Risk Liabilities: 89% of RBB's liabilities are made up of primarily low risk sources of funding.
Loan Level: RBB has an appropriate level of Loans to Assets ratio (81%).
Low Risk Deposits: RBB's Loans to Deposits ratio (104%) is appropriate.
Level of Bad Loans: RBB has an appropriate level of bad loans (0.7%).
What is RBB Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RBB's dividend (3.17%) is higher than the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: RBB's dividend (3.17%) is low compared to the top 25% of dividend payers in the US market (4.18%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, RBB has been paying a dividend for less than 10 years.
Growing Dividend: RBB's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20.2%), RBB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RBB's dividends in 3 years are forecast to be well covered by earnings (19.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alan Thian (67 yo)
Mr. Yee Phong Thian, also known as Alan, has been the Chairman, Chief Executive Officer and President of RBB Bancorp and Royal Business Bank since 2008. Mr. Thian served as an Executive Vice President and ...
CEO Compensation Analysis
Compensation vs Market: Alan's total compensation ($USD2.34M) is above average for companies of similar size in the US market ($USD1.12M).
Compensation vs Earnings: Alan's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||10.42yrs||US$537.03k||0.070% |
|Secretary & Independent Director||12.83yrs||US$93.54k||7.22% |
|Secretary||no data||US$79.38k||no data|
|First VP & Chief Information Officer||no data||no data||no data|
|Senior VP & Compliance Officer||no data||no data||no data|
|Senior Advisor & Legal Counsel||no data||no data||no data|
|Senior VP & HR Director||no data||no data||no data|
|Executive VP & Chief Risk Officer||no data||no data||0.36% |
|Executive VP & Chief Strategy Officer||no data||US$343.13k||0.13% |
|Executive VP & Chief Credit Officer||6.83yrs||no data||0.27% |
|Senior VP & BSA Officer||no data||no data||no data|
Experienced Management: RBB's management team is seasoned and experienced (10.4 years average tenure).
|Secretary & Independent Director||12.83yrs||US$93.54k||7.22% |
|Independent Director||12.83yrs||US$95.93k||0.54% |
|Independent Director||12.83yrs||US$98.74k||0.090% |
|Independent Director||10.83yrs||US$97.00k||0.42% |
|Independent Director||10yrs||US$96.65k||3.45% |
|Independent Director||2.08yrs||US$41.30k||0.89% |
|Independent Vice Chairman||2.08yrs||US$41.10k||1.3% |
|Independent Director||9.83yrs||US$95.12k||5% |
|Independent Director||8.83yrs||US$96.53k||3.81% |
|Independent Director||5.5yrs||US$93.10k||2.1% |
Experienced Board: RBB's board of directors are seasoned and experienced ( 10.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
RBB Bancorp's company bio, employee growth, exchange listings and data sources
- Name: RBB Bancorp
- Ticker: RBB
- Exchange: NasdaqGS
- Founded: 2008
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$298.744m
- Shares outstanding: 19.72m
- Website: https://www.royalbusinessbankusa.com
Number of Employees
- RBB Bancorp
- 1055 Wilshire Boulevard
- 12th Floor
- Los Angeles
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RBB||NasdaqGS (Nasdaq Global Select)||Yes||Common Shares||US||USD||Jul 2017|
RBB Bancorp operates as the bank holding company for Royal Business Bank that provides various banking products and services to the Chinese-American communities. Its deposit products include checking, savi...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/02 00:11|
|End of Day Share Price||2020/12/01 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.