Shares of RBB Bancorp (NASDAQ:RBB) have received an average recommendation of “Hold” from the seven brokerages that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $20.75.

A number of equities research analysts have commented on RBB shares. BidaskClub lowered RBB Bancorp from a “hold” rating to a “sell” rating in a research report on Saturday, January 11th. Keefe, Bruyette & Woods set a $21.00 price target on RBB Bancorp and gave the stock a “hold” rating in a research note on Wednesday, September 18th. Zacks Investment Research downgraded RBB Bancorp from a “hold” rating to a “sell” rating in a research note on Friday, January 10th. Finally, ValuEngine downgraded RBB Bancorp from a “hold” rating to a “sell” rating in a research note on Friday, January 10th.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Bank of Montreal Can raised its stake in shares of RBB Bancorp by 27,600.0% in the 2nd quarter. Bank of Montreal Can now owns 1,385 shares of the company’s stock valued at $27,000 after acquiring an additional 1,380 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of RBB Bancorp by 435.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,554 shares of the company’s stock valued at $30,000 after acquiring an additional 1,264 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of RBB Bancorp by 31.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,459 shares of the company’s stock valued at $89,000 after acquiring an additional 1,071 shares in the last quarter. Strs Ohio raised its stake in shares of RBB Bancorp by 680.0% in the 3rd quarter. Strs Ohio now owns 7,800 shares of the company’s stock valued at $153,000 after acquiring an additional 6,800 shares in the last quarter. Finally, Squarepoint Ops LLC bought a new position in shares of RBB Bancorp in the 3rd quarter valued at approximately $206,000. 30.82% of the stock is owned by institutional investors.

Shares of NASDAQ RBB opened at $20.66 on Thursday. RBB Bancorp has a one year low of $17.68 and a one year high of $22.95. The firm has a market capitalization of $414.64 million, a PE ratio of 9.70 and a beta of 1.14. The company has a current ratio of 1.14, a quick ratio of 1.02 and a debt-to-equity ratio of 0.37. The business has a 50-day moving average price of $20.77 and a two-hundred day moving average price of $19.79.

RBB Bancorp (NASDAQ:RBB) last announced its quarterly earnings data on Monday, October 21st. The company reported $0.40 EPS for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.02. RBB Bancorp had a return on equity of 9.81% and a net margin of 23.88%. The firm had revenue of $26.31 million during the quarter, compared to analyst estimates of $27.01 million. Research analysts anticipate that RBB Bancorp will post 1.9 EPS for the current year.

RBB Bancorp Company Profile

RBB Bancorp operates as the bank holding company for Royal Business Bank that provides various banking products and services to the Chinese-American communities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit. The company offers commercial and industrial lines of credit, term loans, mortgage warehouse lines, and international trade discounts; commercial real estate loans; residential construction, commercial construction, and land acquisition and development construction loans; small business administration loans; and single-family residential mortgage loans.

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