RBB: Q3 Earnings Snapshot
By AP News
Published - Oct 21, 2024, 04:30 PM ET
Last Updated - Dec 16, 2024, 06:09 PM EST
LOS ANGELES (AP) — LOS ANGELES (AP) — RBB Bancorp (RBB) on Monday reported third-quarter earnings of $7 million.
The bank, based in Los Angeles, said it had earnings of 39 cents per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share.
The bank holding company posted revenue of $60.2 million in the period. Its revenue net of interest expense was $30.3 million, also beating Street forecasts. Five analysts surveyed by Zacks expected $28.2 million.
