RBB Bancorp Q1 FY26 net income rises 11% to $11.3 million

RBB Bancorp

RBB Bancorp

RBB

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  • RBB Bancorp posted net income of $11.3 million, or $0.66 a share, for quarter ended March 31, 2026, up from $10.2 million, or $0.59 a share, in prior quarter.
  • Net interest income rose to $30.5 million; net interest margin widened 16 basis points to 3.15%.
  • Provision for credit losses swung to a $200,000 reversal from a $600,000 provision in prior quarter; net charge-offs were $22,000.
  • Noninterest income climbed to $4.25 million from $2.81 million, helped by a $890,000 gain on OREO; noninterest expense edged up to $19.26 million from $18.97 million.
  • Total assets slipped to $4.2 billion; deposits fell to $3.3 billion as wholesale balances declined $61.9 million, partly offset by a $51.4 million rise in retail deposits.


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