RBB Bancorp 2024 10-K: Assets Top $5B, Net Income $18.6M
Ticker: RBB · Form: 10-K · Filed: Mar 17, 2025 · CIK: 1499422
| Field | Detail |
|---|---|
| Company | Rbb Bancorp (RBB) |
| Form Type | 10-K |
| Filed Date | Mar 17, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, financials, banking
TL;DR
RBB Bancorp 2024 10-K: $5.1B assets, $18.6M net income. Solid year.
AI Summary
RBB Bancorp filed its 2024 10-K on March 17, 2025, reporting total assets of $5.097 billion and total liabilities of $2.589 billion for the fiscal year ending December 31, 2024. The company's net income was $18.609 million, with earnings per share of $0.64. RBB Bancorp's primary business is commercial banking, with a focus on lending to small and medium-sized businesses.
Why It Matters
This filing provides a comprehensive overview of RBB Bancorp's financial health and performance for 2024, crucial for investors and stakeholders to assess its stability and growth prospects.
Risk Assessment
Risk Level: medium — The filing presents standard financial information for a publicly traded bank, without immediate indicators of unusual risk.
Key Numbers
- $5.097B — Total Assets (As of December 31, 2024)
- $2.589B — Total Liabilities (As of December 31, 2024)
- $18.609M — Net Income (For the fiscal year ended December 31, 2024)
- $0.64 — Earnings Per Share (For the fiscal year ended December 31, 2024)
- $100,000,000 — Common Stock (As of December 31, 2024)
Key Players & Entities
- RBB Bancorp (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-03-17 (date) — Filing date
- $5.097 billion (dollar_amount) — Total assets
- $2.589 billion (dollar_amount) — Total liabilities
- $18.609 million (dollar_amount) — Net income
- $0.64 (dollar_amount) — Earnings per share
FAQ
What was RBB Bancorp's total interest income for the fiscal year 2024?
RBB Bancorp's total interest income for the fiscal year ended December 31, 2024, was $44,621,000.
What was the total noninterest income for RBB Bancorp in 2024?
For the fiscal year ended December 31, 2024, RBB Bancorp reported total noninterest income of $36,318,000.
What is the Secured Overnight Financing Rate (SOFR) member rate mentioned in the filing?
The filing mentions a SOFR member rate of 0.26%.
What was the total income tax expense for RBB Bancorp in 2024?
RBB Bancorp's income tax expense for the fiscal year ended December 31, 2024, was $500,000.
What types of loans are included in RBB Bancorp's non-farm and non-residential real estate loans?
These loans include multifamily residential and single-family residential loans for a business purpose.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 17, 2025 regarding RBB Bancorp (RBB).