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RBB Bancorp (RBB Bancorp) ROE % : 9.53% (As of Dec. 2023)


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What is RBB Bancorp ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. RBB Bancorp's annualized net income for the quarter that ended in Dec. 2023 was $48.3 Mil. RBB Bancorp's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $506.8 Mil. Therefore, RBB Bancorp's annualized ROE % for the quarter that ended in Dec. 2023 was 9.53%.

The historical rank and industry rank for RBB Bancorp's ROE % or its related term are showing as below:

RBB' s ROE % Range Over the Past 10 Years
Min: 7.84   Med: 11.05   Max: 13.53
Current: 7.84

During the past 10 years, RBB Bancorp's highest ROE % was 13.53%. The lowest was 7.84%. And the median was 11.05%.

RBB's ROE % is ranked worse than
63.08% of 1460 companies
in the Banks industry
Industry Median: 9.86 vs RBB: 7.84

RBB Bancorp ROE % Historical Data

The historical data trend for RBB Bancorp's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RBB Bancorp ROE % Chart

RBB Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.03 7.88 12.72 13.53 8.53

RBB Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.96 8.80 6.76 9.53 6.27

Competitive Comparison of RBB Bancorp's ROE %

For the Banks - Regional subindustry, RBB Bancorp's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RBB Bancorp's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, RBB Bancorp's ROE % distribution charts can be found below:

* The bar in red indicates where RBB Bancorp's ROE % falls into.



RBB Bancorp ROE % Calculation

RBB Bancorp's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=42.465/( (484.491+511.188)/ 2 )
=42.465/497.8395
=8.53 %

RBB Bancorp's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=48.292/( (502.439+511.188)/ 2 )
=48.292/506.8135
=9.53 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


RBB Bancorp  (NAS:RBB) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=48.292/506.8135
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(48.292 / 132.252)*(132.252 / 4047.6895)*(4047.6895 / 506.8135)
=Net Margin %*Asset Turnover*Equity Multiplier
=36.52 %*0.0327*7.9865
=ROA %*Equity Multiplier
=1.19 %*7.9865
=9.53 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=48.292/506.8135
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (48.292 / 68.408) * (68.408 / 132.252) * (132.252 / 4047.6895) * (4047.6895 / 506.8135)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.7059 * 51.73 % * 0.0327 * 7.9865
=9.53 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


RBB Bancorp ROE % Related Terms

Thank you for viewing the detailed overview of RBB Bancorp's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


RBB Bancorp (RBB Bancorp) Business Description

Traded in Other Exchanges
Address
1055 Wilshire Boulevard, 12th Floor, Los Angeles, CA, USA, 90017
RBB Bancorp operates as a bank holding company. It provides various banking products and services such as checking, savings, money market accounts, and certificates of deposits. Its Specific services include remote deposit, E-banking, mobile banking, commercial and investor real estate loans, business loans and lines of credit, Small Business Administration (SBA) 7A and 504 loans, mortgage loans, trade finance, and a full range of depository accounts. It generates its revenue from interest received on loans and leases and, to a lesser extent, from interest received on investment securities and derives income from noninterest sources, such as fees received in connection with various lending and deposit services, loan servicing, gain on sales of loans, and wealth management services.
Executives
Lee Joyce Wong director 1055 WILSHIRE BLVD, SUITE 1200, LOS ANGELES CA 90017
James Kao director 1055 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90017
Robert Franko director C/O ROYAL BUSINESS BANK, 1055 WILSHIRE BLVD, LOS ANGELES CA 90017
Scott Polakoff director 1055 WILSHIRE BLVD., SUITE 1200, LOS ANGELES CA 90017
Johnny C Lee officer: Pres / Chief Banking Officer
Frank Wong director 1055 WILSHIRE BIVD, SUITE 1200, LOS ANGELES CA 90017
Bill Bennett director 1055 WILSHIRE BLVD, SUITE 1200, LOS ANGELES CA 90017
Alex Ko officer: EVP/Chief Financial Officer 3200 WILSHIRE BOULEVARD, 14TH FLOOR, LOS ANGELES CA 30010
Gary Fan officer: EVP/Chief Admin Officer 1055 WILSHIRE BLVD, SUITE 1200, LOS ANGELES CA 90017
Vincent Liu officer: EVP 1055 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90017
Simon Pang officer: EVP 1055 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90017
Yee Phong Thian officer: President/CEO 1055 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90017
Geraldine Pannu director 7380 COCA COLA DRIVE, SUITE 106, HANOVER MD 21076
Feng Lin director 1055 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90017
Paul Lin director 1055 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90017