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RBB Bancorp (RBB) Tops Q2 EPS by 4c

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RBB Bancorp Reports Second Quarter Earnings for 2020

July 27, 2020 4:12 PM EDT

LOS ANGELES, July 27, 2020 /PRNewswire/ -- RBB Bancorp (NASDAQ: RBB) and its subsidiaries, Royal Business Bank ("the Bank") and RBB Asset Management Company ("RAM"), collectively referred to herein as "the Company," announced financial results for the quarter ended June 30, 2020.

The Company reported net income of $6.5 million, or $0.33 diluted earnings per share, for the three months ended June 30, 2020, compared to net income of $6.7 million, or $0.33 diluted earnings per share, and $10.1 million, or $0.50 diluted earnings per share, for the three months ended March 31, 2020 and June 30, 2019, respectively.

"While the COVID-19... More