RBB Bancorp

NasdaqGS:RBB Stock Report

Market Cap: US$377.2m

RBB Bancorp Management

Management criteria checks 3/4

RBB Bancorp's CEO is Dave Morris, appointed in Feb 2022, has a tenure of 2.83 years. total yearly compensation is $1.07M, comprised of 57.9% salary and 42.1% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth $804.24K. The average tenure of the management team and the board of directors is 2 years and 2.4 years respectively.

Key information

Dave Morris

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage57.9%
CEO tenure2.8yrs
CEO ownership0.2%
Management average tenure2yrs
Board average tenure2.4yrs

Recent management updates

Recent updates

RBB Bancorp (NASDAQ:RBB) Is Due To Pay A Dividend Of $0.16

Oct 25
RBB Bancorp (NASDAQ:RBB) Is Due To Pay A Dividend Of $0.16

RBB Bancorp (NASDAQ:RBB) Will Pay A Dividend Of $0.16

Jul 23
RBB Bancorp (NASDAQ:RBB) Will Pay A Dividend Of $0.16

RBB Bancorp (NASDAQ:RBB) Is Increasing Its Dividend To $0.16

Jul 25
RBB Bancorp (NASDAQ:RBB) Is Increasing Its Dividend To $0.16

RBB Bancorp's (NASDAQ:RBB) Upcoming Dividend Will Be Larger Than Last Year's

Apr 25
RBB Bancorp's (NASDAQ:RBB) Upcoming Dividend Will Be Larger Than Last Year's

RBB Bancorp declares $0.14 dividend and renews buyback program

Jul 21

CEO Compensation Analysis

How has Dave Morris's remuneration changed compared to RBB Bancorp's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$34m

Jun 30 2024n/an/a

US$36m

Mar 31 2024n/an/a

US$40m

Dec 31 2023US$1mUS$619k

US$42m

Sep 30 2023n/an/a

US$48m

Jun 30 2023n/an/a

US$56m

Mar 31 2023n/an/a

US$61m

Dec 31 2022US$1mUS$595k

US$64m

Sep 30 2022n/an/a

US$62m

Jun 30 2022n/an/a

US$61m

Mar 31 2022n/an/a

US$59m

Dec 31 2021US$575kUS$362k

US$57m

Sep 30 2021n/an/a

US$52m

Jun 30 2021n/an/a

US$45m

Mar 31 2021n/an/a

US$39m

Dec 31 2020US$560kUS$350k

US$33m

Sep 30 2020n/an/a

US$32m

Jun 30 2020n/an/a

US$32m

Mar 31 2020n/an/a

US$36m

Dec 31 2019US$534kUS$323k

US$39m

Sep 30 2019n/an/a

US$38m

Jun 30 2019n/an/a

US$38m

Mar 31 2019n/an/a

US$38m

Dec 31 2018US$425kUS$291k

US$36m

Sep 30 2018n/an/a

US$32m

Jun 30 2018n/an/a

US$30m

Mar 31 2018n/an/a

US$29m

Dec 31 2017US$390kUS$238k

US$26m

Compensation vs Market: Dave's total compensation ($USD1.07M) is below average for companies of similar size in the US market ($USD2.16M).

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.

CEO

Dave Morris (63 yo)

2.8yrs

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

NamePositionTenureCompensationOwnership
David Morris
CEO & Director2.8yrsUS$1.07m0.21%
$ 804.2k
Johnny Lee
President & Chief Banking Officer1.5yrsUS$751.22kno data
Lynn Hopkins
Executive VP & CFOless than a yearUS$341.06kno data
Gary Fan
Executive VP & Chief Administrative Officer2yrsUS$528.05kno data
I-Ming Liu
Founder13.9yrsUS$565.24k0.068%
$ 256.0k
Lissette Duran
Senior VP & Director of Operationsno datano datano data
Diana Hanson
Senior VP & Chief Accounting Officerless than a yearno datano data
Erik Grier
Senior VP & Chief Information Officerno datano datano data
Sophy Chu
Senior VP & Compliance Officerno datano datano data
Alberto Alverado
Senior Advisor & Legal Counselno datano datano data
Michele Rocha
Senior VP & HR Directorno datano datano data
Jeffrey Yeh
Executive VP & Chief Credit Officer10.9yrsUS$586.88k0.31%
$ 1.2m

2.0yrs

Average Tenure

61yo

Average Age

Experienced Management: RBB's management team is considered experienced (2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
David Morris
CEO & Director2.2yrsUS$1.07m0.21%
$ 804.2k
Chuang-I Lin
Independent Director14.9yrsUS$116.64k0.22%
$ 812.8k
Robert Franko
Independent Director1.7yrsUS$20.60k0.048%
$ 181.7k
Frank Wong
Independent Director1.5yrsUS$19.30k0.0062%
$ 23.5k
James W. Kao
Independent Director9.6yrsUS$128.04k3.1%
$ 11.7m
Christina Kao
Independent Chairman of the Board5.6yrsUS$120.68k1.23%
$ 4.6m
Geraldine Pannu
Independent Director2.6yrsUS$118.74k0.012%
$ 46.9k
Scott Polakoff
Independent Director1.7yrsUS$20.00k0.047%
$ 177.2k
Wong Lee
Independent Director2.6yrsUS$113.60k0.26%
$ 980.4k
William Bennett
Independent Director1.5yrsUS$18.30k0.0040%
$ 14.9k

2.4yrs

Average Tenure

63yo

Average Age

Experienced Board: RBB's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 01:22
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

RBB Bancorp is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy CoffeyFIG Partners
Brendan NosalHovde Group, LLC
Benjamin GerlingerHovde Group, LLC