Somewhat Positive Media Coverage Somewhat Unlikely to Affect RBB Bancorp (RBB) Stock Price
News stories about RBB Bancorp (NASDAQ:RBB) have trended somewhat positive on Thursday, according to Accern. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. RBB Bancorp earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.3325731558494 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- RBB Bancorp (RBB) to Release Earnings on Monday (americanbankingnews.com)
- RBB Bancorp’s Lock-Up Period To Expire on January 22nd (NASDAQ:RBB) (americanbankingnews.com)
- Zacks: RBB Bancorp (RBB) Given Consensus Rating of “Buy” by Brokerages (americanbankingnews.com)
- RBB Bancorp (RBB) Rating Increased to Strong-Buy at Zacks Investment Research (americanbankingnews.com)
A number of equities analysts have recently weighed in on RBB shares. Zacks Investment Research raised shares of RBB Bancorp from a “hold” rating to a “strong-buy” rating and set a $31.00 price objective for the company in a research report on Saturday, January 13th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $30.00 price target on shares of RBB Bancorp in a research report on Friday, December 22nd.
RBB Bancorp (NASDAQ:RBB) last issued its quarterly earnings results on Monday, October 23rd. The company reported $0.39 EPS for the quarter. The company had revenue of $18.52 million for the quarter. sell-side analysts expect that RBB Bancorp will post 1.84 earnings per share for the current fiscal year.
About RBB Bancorp
RBB Bancorp (the Bank) is a bank holding company with the principal business to serve as the holding company for its wholly-owned banking subsidiaries, including Royal Business Bank (Bank) and RBB Asset Management Company (RAM). The Company operates Royal Business Bank, which is a California state-chartered commercial bank.
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