RBB Bancorp (RBB)

RBB Bancorp Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	184.57	194.26	171.1	141.57	133.89
Interest Income on Investments	32.09	26.88	9.87	5.49	5.23
Total Interest Income	216.66	221.15	180.97	147.06	139.12
Interest Paid on Deposits	108.38	89.04	18.9	11.96	25.21
Interest Paid on Borrowings	8.92	12.82	12.52	10.76	9.16
Total Interest Expense	117.3	101.86	31.42	22.72	34.37
Net Interest Income	99.36	119.29	149.55	124.34	104.76
Net Interest Income Growth (YoY)	-16.70%	-20.24%	20.28%	18.70%	8.15%
Gain (Loss) on Sale of Assets	-	0.03	0.76	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	0.21
Other Non-Interest Income	12.73	14.61	8.6	8.75	7.83
Total Non-Interest Income	15.34	15.02	11.25	18.75	14.04
Non-Interest Income Growth (YoY)	2.11%	33.47%	-39.97%	33.51%	-23.36%
Revenues Before Loan Losses	114.7	134.3	160.81	143.09	118.8
Provision for Loan Losses	9.86	3.36	4.94	3.96	11.82
Revenue	104.84	130.94	155.87	139.13	106.97
Revenue Growth (YoY)	-19.93%	-15.99%	12.03%	30.06%	-5.16%
Salaries and Employee Benefits	39.4	37.05	34.64	32.48	32.63
Occupancy Expenses	9.8	3.93	3.69	3.39	3.99
Federal Deposit Insurance	3.3	3.17	1.85	1.56	0.98
Selling, General & Administrative	12.63	22.62	19.71	16.99	15.34
Other Non-Interest Expense	4.04	3.94	4.64	4.19	5.41
Total Non-Interest Expense	69.16	70.7	64.53	58.61	58.35
EBT Excluding Unusual Items	35.68	60.25	91.35	80.52	48.62
Asset Writedown	-	-	-	0.42	-0.42
Pretax Income	35.68	60.25	91.35	80.94	47.46
Income Tax Expense	9.01	17.78	27.02	24.03	14.53
Net Income	26.67	42.47	64.33	56.91	32.93
Preferred Dividends & Other Adjustments	-	-	0.03	0.19	0.04
Net Income to Common	26.67	42.47	64.29	56.71	32.89
Net Income Growth	-37.21%	-33.99%	13.04%	72.82%	-16.02%
Basic Shares Outstanding	18	19	19	19	20
Diluted Shares Outstanding	18	19	19	20	20
Shares Change (YoY)	-4.22%	-1.80%	-2.53%	-0.44%	-2.31%
EPS (Basic)	1.47	2.24	3.37	2.92	1.66
EPS (Diluted)	1.47	2.24	3.33	2.86	1.65
EPS Growth	-34.35%	-32.76%	16.43%	73.33%	-14.06%
Dividend Per Share	0.640	0.640	0.580	0.530	0.330
Dividend Growth	0%	10.34%	9.43%	60.61%	-21.43%
Effective Tax Rate	25.26%	29.51%	29.58%	29.69%	30.62%

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