RBB Bancorp (RBB)

RBB Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	184.09	194.26	171.1	141.57	133.89	135.16
Interest Income on Investments	32.85	26.88	9.87	5.49	5.23	6.57
Total Interest Income	216.94	221.15	180.97	147.06	139.12	141.73
Interest Paid on Deposits	108.79	89.04	18.9	11.96	25.21	34.23
Interest Paid on Borrowings	9.09	12.82	12.52	10.76	9.16	10.63
Total Interest Expense	117.88	101.86	31.42	22.72	34.37	44.86
Net Interest Income	99.06	119.29	149.55	124.34	104.76	96.86
Net Interest Income Growth (YoY)	-25.30%	-20.24%	20.28%	18.70%	8.15%	23.44%
Gain (Loss) on Sale of Assets	0.03	0.03	0.76	-	-	0.01
Gain (Loss) on Sale of Investments	-	-	-	-	0.21	0.15
Other Non-Interest Income	17.82	14.61	8.6	8.75	7.83	8.37
Total Non-Interest Income	20	15.02	11.25	18.75	14.04	18.32
Non-Interest Income Growth (YoY)	100.43%	33.47%	-39.97%	33.51%	-23.36%	42.66%
Revenues Before Loan Losses	119.06	134.3	160.81	143.09	118.8	115.18
Provision for Loan Losses	3.43	3.36	4.94	3.96	11.82	2.39
Revenue	115.63	130.94	155.87	139.13	106.97	112.79
Revenue Growth (YoY)	-15.54%	-15.99%	12.03%	30.06%	-5.16%	29.88%
Salaries and Employee Benefits	37.1	37.05	34.64	32.48	32.63	32.22
Occupancy Expenses	3.99	3.93	3.69	3.39	3.99	3.65
Federal Deposit Insurance	3.74	3.17	1.85	1.56	0.98	0.9
Amortization of Goodwill & Intangibles	-0.11	-	-	-	-	-
Selling, General & Administrative	19.39	22.62	19.71	16.99	15.34	14.89
Other Non-Interest Expense	3.79	3.94	4.64	4.19	5.41	5.01
Total Non-Interest Expense	67.91	70.7	64.53	58.61	58.35	57
EBT Excluding Unusual Items	47.72	60.25	91.35	80.52	48.62	55.79
Asset Writedown	-	-	-	0.42	-0.42	-
Pretax Income	47.72	60.25	91.35	80.94	47.46	55.32
Income Tax Expense	13.37	17.78	27.02	24.03	14.53	16.11
Net Income	34.35	42.47	64.33	56.91	32.93	39.21
Preferred Dividends & Other Adjustments	-	-	0.03	0.19	0.04	0.07
Net Income to Common	34.35	42.47	64.29	56.71	32.89	39.14
Net Income Growth	-28.39%	-33.99%	13.04%	72.82%	-16.02%	8.60%
Basic Shares Outstanding	18	19	19	19	20	20
Diluted Shares Outstanding	18	19	19	20	20	20
Shares Change (YoY)	-3.00%	-1.80%	-2.53%	-0.44%	-2.31%	13.50%
EPS (Basic)	1.87	2.24	3.37	2.92	1.66	1.96
EPS (Diluted)	1.87	2.24	3.33	2.86	1.65	1.92
EPS Growth	-26.06%	-32.76%	16.43%	73.33%	-14.06%	-4.48%
Dividend Per Share	0.640	0.640	0.580	0.530	0.330	0.420
Dividend Growth	0%	10.34%	9.43%	60.61%	-21.43%	13.51%
Effective Tax Rate	28.02%	29.51%	29.58%	29.69%	30.62%	29.12%

Source: S&P Capital IQ. Banks template. Financial Sources.