RBB Bancorp (NASDAQ: RBB) announced its financial results for the quarter ended September 30, 2026, in a press release filed with the SEC on October 19, 2026. The company reported net income of $12.6 million, or $0.74 per diluted share, for the third quarter of 2026. This represents an increase from the $10.1 million, or $0.59 per diluted share, reported in the prior quarter.
The company also declared a quarterly cash dividend of $0.16 per share of its common stock. This dividend is payable on November 12, 2026, to shareholders of record as of October 30, 2026.
Key financial metrics for the quarter included a return on average assets of 1.17%, up from 0.97% in the prior quarter, and a net interest margin of 3.16%, an increase of 10 basis points from the previous quarter. Total assets stood at $4.3 billion as of September 30, 2026, while total deposits were $3.4 billion.
Credit quality metrics improved during the quarter. Nonperforming assets decreased by $4.9 million, or 11.3%, to $38.7 million. Nonperforming loans also decreased by $4.9 million to $18.8 million. The company reported a gain of $2.7 million on the sale of an office building in Brooklyn, New York.
