RBB Bancorp (RBB) investor relations material

Executive summary

• Q3 net income was $12.6 million, up 25% QoQ and YoY; diluted EPS was $0.74, and ROAA improved to 1.17%.

• Core results benefited from higher net interest income, loan growth, retail deposit growth and improving credit quality; a $2.7 million office-sale gain also lifted earnings.

• At quarter-end, assets were $4.25 billion, loans were $3.40 billion, deposits were $3.40 billion and equity was $534.2 million.

Financial highlights

• Q3 net interest income was $31.8 million, up 6% QoQ and 8% YoY; pre-tax, pre-provision income was $17.3 million, up 23% QoQ and 25% YoY.

• Noninterest income was $5.1 million, including the $2.7 million building-sale gain; excluding the gain, it fell $600,000 QoQ, mainly on fewer payoffs and loan sales.

• Noninterest expense was $19.5 million, up 2.8% YoY; 9M expenses were $57.8 million, essentially flat YoY.

• 9M net income was $34.1 million versus $21.8 million; diluted EPS was $1.99 versus $1.24, and 9M net interest income was $92.4 million versus $82.8 million.

• Q3 provision for credit losses was $0.5 million; 9M provision was $0.3 million versus $9.8 million in 2025.

Outlook and guidance

• Healthy loan pipelines and business activity support expectations of continuing positive loan-growth trends through year-end; Q4 loan sales may exceed Q3 levels.

• FY 2026 effective tax rate estimate is 26.9%; Q3's 24.9% rate benefited from purchased federal tax credits.

• Quarterly noninterest expense run rate is expected near $19 million, plus or minus $100,000–$200,000; data-processing savings may emerge in Q4 or more likely Q1 2027.

• NIM could remain above 3% as variable-rate loans reprice and new production supports yields, while higher funding costs may pressure near-term results.