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RBB Bancorp (RBB Bancorp) Net Interest Margin (Bank Only) % : 2.95% (As of Mar. 2024)


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What is RBB Bancorp Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. RBB Bancorp's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was $98.2 Mil. RBB Bancorp's average earning assets for the quarter that ended in Mar. 2024 was $3,323.0 Mil. Therefore, RBB Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 2.95%.


RBB Bancorp Net Interest Margin (Bank Only) % Historical Data

The historical data trend for RBB Bancorp's Net Interest Margin (Bank Only) % 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 Net Interest Margin (Bank Only) % Chart

RBB Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.73 3.80 3.81 4.23 3.44

RBB Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Margin (Bank Only) % 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 3.78 3.54 3.13 3.00 2.95

Competitive Comparison of RBB Bancorp's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, RBB Bancorp's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % 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 Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, RBB Bancorp's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where RBB Bancorp's Net Interest Margin (Bank Only) % falls into.



RBB Bancorp Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

RBB Bancorp's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=118.161/( (3557.932 + 3316.039)/ 2 )
=118.161/3436.9855
=3.44 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 3295.373 + 262.559
=3557.932

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 2991.869 + 324.17
=3316.039

RBB Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2023 ) + Earning Assets (Q: Mar. 2024 ))/ count )
=98.184/( (3316.039 + 3329.974)/ 2 )
=98.184/3323.0065
=2.95 %

where

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 2991.869 + 324.17
=3316.039

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 2989.576 + 340.398
=3329.974

* 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.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Mar. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


RBB Bancorp  (NAS:RBB) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


RBB Bancorp Net Interest Margin (Bank Only) % Related Terms

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RBB Bancorp (RBB Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » RBB Bancorp (NAS:RBB) » Definitions » Net Interest Margin (Bank Only) %
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