10-Q · May 8, 2026
RBB Bancorp's Q1 2026 results reflect solid performance with a 40.0% increase in EPS to $0.66 from $0.59 in Q4 2025 and a 408.3% increase from $0.13 in Q1 2025. Revenue increased 13.6% quarter-over-quarter, reflecting…
Earnings analysis · 10-Q
RBB earnings analysis
Filed August 7, 2026 · Our reading of the company's report
The latest report
RBB Bancorp reported Q2 diluted EPS of $0.59, beating consensus by $0.06 but declining from $0.66 in Q1 2026; revenue of $33.104 million was essentially in line with expectations but below the prior-year comparison. The…
Read full summary
RBB Bancorp reported Q2 diluted EPS of $0.59, beating consensus by $0.06 but declining from $0.66 in Q1 2026; revenue of $33.104 million was essentially in line with expectations but below the prior-year comparison. The filing indicates a less liability-sensitive net-interest-income profile than year-end 2025, although modeled EVE and net-interest-income losses remain material in rising-rate scenarios. No quantitative guidance or material risk-factor changes were provided, while the company continued share repurchases and authorized a new plan for up to 1 million shares.
Reported figures
- Earnings per share
- $0.59
What stood out
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EPS beat estimates despite sequential decline
Diluted EPS was $0.59, up from $0.52 in the prior-year quarter but down from $0.66 in Q1 2026; EPS exceeded the $0.53 consensus estimate by $0.06.
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Revenue slightly missed consensus
Reported revenue was $33.104 million, $41,800 below the $33.146 million consensus estimate. Revenue was approximately $2.1 million below the $35.2 million reported in the prior-year quarter.
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Interest-rate sensitivity improved
Net interest income at risk indicates a less liability-sensitive profile than December 31, 2025: the modeled impact of a 100-basis-point rate decrease was $1.109 million, versus $3.325 million previously.
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Market-risk measures stayed within limits
Management stated that the June 30, 2026 NII-at-Risk and EVE results were within board policy limits; the EVE impact under an immediate 300-basis-point rate increase was $(54.315) million.
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Controls remained effective
Disclosure controls and procedures were concluded to be effective as of June 30, 2026, and management reported no changes in internal controls that materially affected or were reasonably likely to materially affect reporting.
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New share-repurchase authorization
The company repurchased 180,576 shares in Q2 2026 at an average price of $24.65. A new authorization permits repurchases of up to 1 million shares through June 30, 2028.
What to watch
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Higher rates could pressure net interest income
The company remains exposed to rate increases: a 100-basis-point immediate increase was modeled to reduce 12-month net interest income by $2.101 million, while a 300-basis-point increase reduced it by $6.584 million.
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Asset duration creates EVE downside
Economic value of equity was projected to decline by $15.021 million under a 100-basis-point rate increase and by $54.315 million under a 300-basis-point increase, reflecting duration and repricing exposure.
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No formal risk-factor update
No material changes to previously disclosed risk factors were reported. The company nevertheless noted that unforeseen risks could materially affect financial condition, results of operations, and cash flows.
Management's outlook
No quantitative revenue or EPS outlook was provided in the filing; the prior earnings release also stated that no forward revenue or EPS guidance was provided.
Earlier filings 1
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.