RBB Bancorp Management
Management criteria checks 2/4
RBB Bancorp's CEO is Dave Morris, appointed in Feb 2022, has a tenure of 2.17 years. total yearly compensation is $1.07M, comprised of 57.9% salary and 42.1% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth $628.07K. The average tenure of the management team and the board of directors is 1.5 years and 1.7 years respectively.
Key information
Dave Morris
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 57.9% |
| CEO tenure | 2.2yrs |
| CEO ownership | 0.2% |
| Management average tenure | 1.5yrs |
| Board average tenure | 1.7yrs |
Recent management updates
Recent updates
RBB Bancorp (NASDAQ:RBB) Is Increasing Its Dividend To $0.16
Jul 25
RBB Bancorp's (NASDAQ:RBB) Upcoming Dividend Will Be Larger Than Last Year's
Apr 25RBB Bancorp declares $0.14 dividend and renews buyback program
Jul 21RBB Bancorp (NASDAQ:RBB) Is Paying Out A Larger Dividend Than Last Year
Apr 28RBB Bancorp (NASDAQ:RBB) Has Announced That It Will Be Increasing Its Dividend To US$0.14
Jan 24RBB Bancorp's (NASDAQ:RBB) CEO Compensation Is Looking A Bit Stretched At The Moment
May 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$1m | US$619k | US$42m |
| Sep 30 2023 | n/a | n/a | US$48m |
| Jun 30 2023 | n/a | n/a | US$56m |
| Mar 31 2023 | n/a | n/a | US$61m |
| Dec 31 2022 | US$1m | US$595k | US$64m |
| Sep 30 2022 | n/a | n/a | US$62m |
| Jun 30 2022 | n/a | n/a | US$61m |
| Mar 31 2022 | n/a | n/a | US$59m |
| Dec 31 2021 | US$575k | US$362k | US$57m |
| Sep 30 2021 | n/a | n/a | US$52m |
| Jun 30 2021 | n/a | n/a | US$45m |
| Mar 31 2021 | n/a | n/a | US$39m |
| Dec 31 2020 | US$560k | US$350k | US$33m |
| Sep 30 2020 | n/a | n/a | US$32m |
| Jun 30 2020 | n/a | n/a | US$32m |
| Mar 31 2020 | n/a | n/a | US$36m |
| Dec 31 2019 | US$534k | US$323k | US$39m |
| Sep 30 2019 | n/a | n/a | US$38m |
| Jun 30 2019 | n/a | n/a | US$38m |
| Mar 31 2019 | n/a | n/a | US$38m |
| Dec 31 2018 | US$425k | US$291k | US$36m |
| Sep 30 2018 | n/a | n/a | US$32m |
| Jun 30 2018 | n/a | n/a | US$30m |
| Mar 31 2018 | n/a | n/a | US$29m |
| Dec 31 2017 | US$390k | US$238k | US$26m |
Compensation vs Market: Dave's total compensation ($USD1.07M) is below average for companies of similar size in the US market ($USD2.43M).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
CEO
Dave Morris (62 yo)
2.2yrs
Tenure
US$1,069,978
Compensation
Mr. David Richard Morris, also known as Dave, has been Interim Chief Executive Officer, had been its President of RBB Bancorp since February 22, 2022 until June 2023 and serves as CEO of Royal Business Ban...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.2yrs | US$1.07m | 0.20% $ 639.4k | |
| President & Chief Banking Officer | less than a year | US$751.22k | no data | |
| Executive VP & Chief Administrative Officer | 1.3yrs | US$528.05k | no data | |
| Founder | 13.3yrs | US$565.24k | 0.064% $ 203.5k | |
| Executive VP & CFO | less than a year | no data | no data | |
| Senior VP & Director of Operations | no data | no data | no data | |
| SVP, Controller & Chief Accounting Officer | 1.5yrs | no data | no data | |
| Senior 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 Credit Officer | 10.3yrs | US$586.88k | 0.29% $ 924.0k |
1.5yrs
Average Tenure
60yo
Average Age
Experienced Management: RBB's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.5yrs | US$1.07m | 0.20% $ 639.4k | |
| Independent Director | 14.3yrs | US$116.64k | 0.14% $ 457.2k | |
| Independent Director | less than a year | no data | 0.027% $ 84.7k | |
| Independent Director | less than a year | US$19.30k | 0.0011% $ 3.4k | |
| Independent Chairman of the Board | 8.9yrs | US$128.04k | 2.88% $ 9.1m | |
| Independent Director | 4.9yrs | US$120.68k | 1.14% $ 3.6m | |
| Independent Director | 1.9yrs | US$118.74k | 0.0075% $ 23.7k | |
| Independent Director | less than a year | US$20.00k | 0.040% $ 125.6k | |
| Independent Director | 1.9yrs | US$17.70k | 0.22% $ 688.8k | |
| Independent Director | less than a year | US$18.30k | no data |
1.7yrs
Average Tenure
61.5yo
Average Age
Experienced Board: RBB's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.