RBB Bancorp reported net income of $10.1 million for the second quarter of 2026, or $0.59 per diluted share, representing a 13% increase from the same period in 2025. The earnings performance was driven by improved credit quality and deposit growth, partially offset by lower gains from real estate owned (REO) sales compared to the prior quarter. The company’s net interest margin decreased to 3.06% from 3.15% in the first quarter, primarily due to the repricing of subordinated debt and lower Federal Home Loan Bank (FHLB) dividend income.

Operational Highlights

Loan originations totaled $150 million with an average yield of 6.3%, while total deposits grew by $50.8 million to $3.4 billion. The deposit mix improved as noninterest-bearing deposits rose to 17.5% of total deposits. RBB Bancorp opened a loan production office in Burlingame, Northern California, led by a new commercial banking team, to expand its market presence.

Capital Actions and Credit Quality

The Board of Directors authorized a new common stock repurchase plan for up to 1 million shares through June 30, 2028, reflecting a strong capital position. Additionally, the company completed a partial redemption of $40 million in subordinated notes on July 1, 2026, at 100% of the aggregate principal amount plus accrued interest. Nonperforming assets decreased by 10.8% to $43.6 million, and the allowance for credit losses coverage of nonperforming loans improved to 184%.

Selected Financial Data

Total assets were $4.3 billion at June 30, 2026, an increase of $80.7 million from March 31, 2026. The company maintained strong capital ratios, with a Common Equity Tier 1 (CET1) ratio of approximately 18%.

RBB Bancorp and its subsidiaries, Royal Business Bank and RBB Asset Management Company, will release their financial results for the second quarter ended June 30, 2026, after the markets close on Monday, July 20, 2026. The announcement provides investors with an opportunity to assess the company's performance for the period.

Management will hold a conference call at 11:00 a.m. Pacific Time or 2:00 p.m. Eastern Time on Tuesday, July 21, 2026, to discuss the financial results. The call will offer insights into the company's operational and financial metrics.

To participate in the conference call, investors can dial 1-888-506-0062 or 1-973-528-0011, using passcode 631029 and Conference ID RBBQ226. A replay of the call will be available approximately one hour after the conclusion of the call and will remain accessible through August 4, 2026, by dialing 1-877-481-4010 or 1-919-882-2331 with passcode 54229.

Additionally, a live webcast of the call will be available in the "Investor Relations" section of the company's website at www.royalbusinessbankusa.com . The webcast will be recorded and available for replay approximately two hours after the call concludes.

RBB Bancorp is a community-based financial holding company headquartered in Los Angeles, California. As of March 31, 2026, the company had total assets of $4.2 billion. Its wholly-owned subsidiary, Royal Business Bank, provides consumer and business banking services through 24 branches across six states, including California, Nevada, New York, Illinois, New Jersey, and Hawaii.