<span item_type="fundamental" item_id="bca3b3d86d295781fc222f035b970d05" counter_id="ST/US/RBB" env="prod"></span><span item_type="announcement" item_id="609461770348659457" env="prod"></span><p>Revenue: As of FY2025, the actual value is USD 238 M.</p><p>EPS: As of FY2025, the actual value is USD 1.83, beating the estimate of USD 1.734.</p><p>EBIT: As of FY2025, the actual value is USD -70.15 M.</p><p></p><h4>Net Income</h4><ul><li>RBB Bancorp reported net income of $10.2 million for the fourth quarter of 2025, compared to $10.1 million for the third quarter of 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>Net income for the year ended December 31, 2025, totaled $31.9 million, compared to $26.7 million for the year ended December 31, 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>The fiscal year 2025 net income included $5.2 million (pre-tax) from an Employee Retention Credit (ERC), partially offset by $1.2 million (pre-tax) in professional and advisory costs related to the ERC <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li></ul><h4>Pre-tax Pre-provision Income</h4><ul><li>Pre-tax pre-provision income totaled $52.5 million for fiscal year 2025, representing a 15.3% increase compared to fiscal year 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>For the fourth quarter of 2025, pre-tax pre-provision income was $13.35 million, compared to $13.887 million for the third quarter of 2025 and $11.057 million for the fourth quarter of 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li></ul><h4>Net Interest Income</h4><ul><li>Net interest income was $29.5 million for the fourth quarter of 2025, an increase of $231,000 from $29.3 million for the third quarter of 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>Net interest income was $112.3 million for the year ended December 31, 2025, an increase of $12.9 million from $99.4 million for the year ended December 31, 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li></ul><h4>Net Interest Margin (NIM)</h4><ul><li>The net interest margin increased 1 basis point to 2.99% for the fourth quarter of 2025 from 2.98% for the third quarter of 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>NIM was 2.95% for fiscal year 2025, an increase of 25 basis points from 2.70% for fiscal year 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li></ul><h4>Average Total Cost of Funds</h4><ul><li>The average total cost of funds decreased 8 basis points to 3.04% for the fourth quarter of 2025 from 3.12% for the third quarter of 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>The average total cost of funds decreased 38 basis points to 3.11% for fiscal year 2025 from 3.49% for fiscal year 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li></ul><h4>Provision for Credit Losses</h4><ul><li>The provision for credit losses was $600,000 for the fourth quarter of 2025, compared to $625,000 for the third quarter of 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>The fourth quarter 2025 provision included a provision for loan losses of $620,000 and a negative provision for unfunded commitments of - $20,000 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>The provision for credit losses was $10.4 million for the year ended December 31, 2025, compared to $9.9 million for the year ended December 31, 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>The 2025 provision included a provision for loan losses of $10.6 million and a negative provision for unfunded commitments of - $245,000 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li></ul><h4>Noninterest Income</h4><ul><li>Noninterest income for the fourth quarter of 2025 was $2.8 million, a decrease of $486,000 from $3.3 million for the third quarter of 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>Noninterest income for fiscal year 2025 was $16.9 million, an increase of $1.5 million from $15.3 million for fiscal year 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>The fiscal year 2025 increase was mainly due to $5.2 million in other income from ERC funds, partially offset by lower recoveries on a fully charged-off loan relationship of $2.5 million, lower gain on other real estate owned (OREO) of $1.0 million, and lower gain on sale of loans of $430,000 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li></ul><h4>Noninterest Expense</h4><ul><li>Noninterest expense for the fourth quarter of 2025 was $19.0 million, an increase of $282,000 from $18.7 million for the third quarter of 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>Noninterest expense for fiscal year 2025 was $76.7 million, an increase of $7.5 million from $69.2 million for fiscal year 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>The fiscal year 2025 increase included higher salaries and employee benefits of $3.7 million and higher legal and professional expenses of $3.0 million, of which $1.2 million related to ERC advisory costs <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li></ul><h4>Efficiency Ratio</h4><ul><li>The efficiency ratio was 58.69% for the fourth quarter of 2025, compared to 57.36% for the third quarter of 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>The efficiency ratio was 59.36% for the year ended December 31, 2025, compared to 60.30% for the year ended December 31, 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li></ul><h4>Effective Tax Rate</h4><ul><li>The effective tax rate was 20.2% for the fourth quarter of 2025 and 23.5% for the third quarter of 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>The effective tax rate was 24.2% for the year ended December 31, 2025, and 25.3% for the year ended December 31, 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li></ul><h4>Total Assets</h4><ul><li>Total assets were $4.2 billion at December 31, 2025, a - $161,000 decrease compared to September 30, 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>Total assets increased by $215.8 million, or 5.4%, compared to $4.0 billion at December 31, 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li></ul><h4>Loans Held for Investment (HFI)</h4><ul><li>Loans HFI totaled $3.3 billion as of December 31, 2025, an increase of $11.7 million, or 1.4% annualized, compared to September 30, 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>Loans HFI increased by $261.1 million, or 8.6%, compared to December 31, 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>The loan to deposit ratio was 99.0% at December 31, 2025, compared to 98.1% at September 30, 2025, and 99.4% at December 31, 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li></ul><h4>Available for Sale (AFS) Securities</h4><ul><li>AFS securities totaled $407.2 million at December 31, 2025, a decrease of $3.4 million from September 30, 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>Net unrealized pre-tax losses on AFS securities totaled - $18.9 million at December 31, 2025, a $1.6 million decrease compared to - $20.5 million at September 30, 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li></ul><h4>Deposits</h4><ul><li>Total deposits were $3.4 billion as of December 31, 2025, a decrease of $16.1 million, or 1.9% annualized, compared to September 30, 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>Total deposits increased by $266.6 million, or 8.6%, compared to December 31, 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>Noninterest-bearing deposits totaled $526.5 million, or 15.7% of total deposits, at December 31, 2025, compared to $550.5 million, or 16.4%, at September 30, 2025, and $563.0 million, or 18.3%, at December 31, 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li></ul><h4>Credit Quality</h4><ul><li>Nonperforming assets totaled $53.5 million, or 1.27% of total assets, at December 31, 2025, down from $54.3 million, or 1.29%, at September 30, 2025, and down from $81.0 million, or 2.03%, at December 31, 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>Nonperforming loans (NPLs) totaled $44.6 million at December 31, 2025, down from $45.5 million at September 30, 2025, and $81.0 million at December 31, 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>Substandard loans totaled $75.2 million at December 31, 2025, down from $76.9 million at September 30, 2025, and $100.3 million at December 31, 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>Special mention loans totaled $19.2 million, or 0.58% of total loans, at December 31, 2025, down from $49.3 million, or 1.49%, at September 30, 2025, and $65.3 million, or 2.14%, at December 31, 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>Net charge-offs totaled $1.6 million in the fourth quarter of 2025, representing 0.20% of average loans, compared to 0.84% for the third quarter of 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>Net charge-offs totaled $14.4 million for fiscal year 2025, representing 0.45% of average loans, compared to $3.9 million, or 0.13%, for fiscal year 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>The allowance for credit losses totaled $44.4 million at December 31, 2025, a $1.0 million decrease from $45.4 million at September 30, 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>The allowance for loan losses as a percentage of loans HFI totaled 1.32% at December 31, 2025, compared to 1.36% at September 30, 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>The allowance for loan losses as a percentage of nonperforming loans HFI was 98.3% at December 31, 2025, down from 98.7% at September 30, 2025 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li></ul><h4>Shareholders’ Equity</h4><ul><li>Total shareholders’ equity was $523.4 million at December 31, 2025, a $9.1 million increase compared to September 30, 2025, and a $15.5 million increase compared to December 31, 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>Book value per share increased to $30.69 at December 31, 2025, from $30.18 at September 30, 2025, and $28.66 at December 31, 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>Tangible book value per share increased to $26.42 at December 31, 2025, from $25.89 at September 30, 2025, and $24.51 at December 31, 2024 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li><li>RBB Bancorp returned $25.3 million to shareholders in fiscal year 2025 through quarterly dividends and common stock repurchases <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li></ul><h4>Cash Dividend</h4><ul><li>RBB Bancorp’s Board of Directors declared a quarterly cash dividend of $0.16 per common share <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span><span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/rbb20251203_8k.htm"></span>. This dividend is payable on February 13, 2026, to shareholders of record on January 30, 2026 <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span><span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/rbb20251203_8k.htm"></span>.</li></ul><h4>Outlook</h4><ul><li>RBB Bancorp is optimistic that credit will continue to improve in future quarters <span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1499422/000143774926002135/ex_894878.htm"></span>.</li></ul>

RBB Bancorp | 8-K: FY2025 Revenue: USD 238 M