RBB Bancorp Files 8-K on Operations & Financial Condition

TL;DR

**RBB Bancorp just filed an 8-K, signaling upcoming financial disclosures that could move the stock.**

AI Summary

RBB Bancorp filed an 8-K on January 23, 2024, reporting on events that occurred on January 18, 2024. This filing indicates that the company is providing updates on its 'Results of Operations and Financial Condition,' 'Regulation FD Disclosure,' and 'Other Events.' While specific financial figures are not detailed in this particular filing, the disclosure signals that investors should anticipate further information regarding the company's recent performance and any material non-public information that was previously shared. This matters to investors as it suggests upcoming financial disclosures that could impact the stock price of RBB Bancorp (RBB).

Why It Matters

This filing signals that RBB Bancorp is preparing to release or has recently released important financial information, which could directly influence investor sentiment and the stock's valuation.

Risk Assessment

Risk Level: medium — The filing itself is administrative, but the underlying financial disclosures it points to could carry significant risk or opportunity depending on the results.

Analyst Insight

A smart investor would monitor RBB Bancorp closely for the upcoming release of detailed financial results, as this 8-K signals that such information is imminent and could significantly impact the stock price.

Key Players & Entities

• RBB Bancorp (company) — the registrant filing the 8-K
• January 23, 2024 (date) — date of filing the 8-K
• January 18, 2024 (date) — date of earliest event reported in the 8-K
• 001-38149 (other) — Commission File Number for RBB Bancorp
• RBB (other) — Trading Symbol for RBB Bancorp
• NASDAQ Global Select Market (other) — exchange where RBB Bancorp's common stock is registered

Forward-Looking Statements

• RBB Bancorp will release detailed financial results for the period ending December 31, 2023, shortly after this 8-K filing. (RBB Bancorp) — high confidence, target: 2024-02-15
• The stock price of RBB will experience volatility upon the release of the detailed financial results. (RBB) — medium confidence, target: 2024-02-15

FAQ

Key Financial Figures

• $0.16 — f Directors declared a cash dividend of $0.16 per share of its common stock,&#xa

Filing Documents

• rbb20231128_8k.htm (8-K) — 35KB
• ex_600801.htm (EX-99.1) — 819KB
• ex_600802.htm (EX-99.2) — 12KB
• ex_600803.htm (EX-99.3) — 11KB
• logo.jpg (GRAPHIC) — 9KB
• slide01.jpg (GRAPHIC) — 40KB
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• 0001437749-24-001892.txt ( ) — 3802KB
• rbb-20240118.xsd (EX-101.SCH) — 3KB
• rbb-20240118_def.xml (EX-101.DEF) — 12KB
• rbb-20240118_lab.xml (EX-101.LAB) — 15KB
• rbb-20240118_pre.xml (EX-101.PRE) — 12KB
• rbb20231128_8k_htm.xml (XML) — 3KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition.   On January 22, 2024, RBB Bancorp (the "Company") issued a press release setting forth the financial results for the quarter and fiscal year ended December 31, 2023, and information relating to our quarterly conference call and webcast. A copy of this press release is attached hereto as Exhibit 99.1 and is hereby incorporated by reference.   The information furnished under Item 2.02 and Item 9.01 of this Current Report on Form 8-K (including Exhibit 99.1) shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of such Section, nor shall such information be deemed incorporated by reference into any registration statement or other filings of the Company under the Securities Act of 1933, as amended (the "Securities Act"), except as shall be expressly set for by specific reference in such filing.  

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure.   On January 23, 2024, RBB Bancorp will hold a conference call to discuss its financial results for the quarter ended December 31, 2023 and other matters relating to the Company. The Company has also made available on its website, www.royalbusinessbankusa.com, presentation materials containing certain historical and forward-looking information relating to the Company (the "Presentation Materials"). The Presentation Materials are furnished as Exhibit 99.2 hereto and are incorporated by reference herein. All information in Exhibit 99.2 is presented as of the particular date or dates referenced therein, and the Company does not undertake any obligation to, and disclaims any duty to, update any of the information provided.   The information furnished under Item 7.01 and Item 9.01 of this Current Report on Form 8-K (including Exhibit 99.2) shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of such Section, nor shall such information be deemed incorporated by reference into any registration statement or other filings of the Company under the Securities Act, except as otherwise expressly stated in such filing.  

01 Other Events

Item 8.01 Other Events.   On January 18, 2024, RBB Bancorp announced that its Board of Directors declared a cash dividend of $0.16 per share of its common stock, payable on February 9, 2024, to common shareholders of record as of January 31, 2024. A copy of the press release announcing the cash dividend described in this Item 8.01 is attached as Exhibit 99.3 hereto and incorporated by reference herein. The information contained in Exhibit 99.3 shall not be deemed "filed" for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of such Section, nor shall such information and Exhibit be deemed incorporated by reference into any registration statement or other filings of the Company under the Securities Act, except as shall be expressly set forth by specific reference in such filing.  

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.   (d)   Exhibits.       99.1   Press Release, dated January 22, 2024, announcing the financial results of RBB Bancorp for the quarter and fiscal year ended December 31, 2023.       99.2   Presentation Materials       99.3   Press Release, dated January 18, 2024, announcing RBB Bancorp declared a quarterly cash dividend of $0.16 per share.       104   Cover Page Interactive Data File (embedded within the Inline XBRL document)        

SIGNATURES

SIGNATURES   Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.     RBB BANCORP (Registrant)         Date: January 23, 2024 By:   /s/ Lynn Hopkins       Lynn Hopkins       Interim Chief Financial Officer    

View Full Filing

View this 8-K filing on SEC EDGAR