Net interest income has trended upward to $30.5 million as of 2026Q1, though the net interest margin remains constrained at 0.7%, reflecting persistent challenges in yield spread expansion.
RBB Bancorp (RBB) annual income statement — 14-year revenue, gross profit & net income history
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 |
|---|
| Net Interest Income | 115.97M | 111.3M | 98.05M | 118.16M | 148.62M | 123.47M | 104.18M | 95.78M | 77.82M | 59.69M | 55.68M | 35.1M | 33.34M | 0 | 0 |
| NII Growth % | 66.93% | 13.51% | -17.02% | -20.49% | 20.36% | 18.52% | 8.77% | 23.09% | 30.36% | 7.21% | 58.62% | 5.29% | - | - | - |
| Net Interest Margin % | 2.76% | 2.64% | 2.46% | 2.93% | 3.79% | 2.92% | 3.11% | 3.43% | 2.62% | 3.53% | 3.99% | 3.43% | 3.6% | 0% | 0% |
| Interest Income | 224.94M | 220.15M | 215.35M | 220.02M | 180.03M | 146.19M | 138.55M | 140.65M | 101.47M | 73.63M | 67.39M | 42.04M | 37.86M | 0 | 0 |
| Interest Expense | 108.97M | 108.84M | 117.3M | 101.86M | 31.42M | 22.72M | 34.37M | 44.86M | 23.65M | 13.94M | 11.71M | 6.94M | 4.52M | 0 | 0 |
| Loan Loss Provision | 3.41M | 10.36M | 9.86M | 3.36M | 4.93M | 3.96M | 11.74M | 2.25M | 3.08M | -1.14M | 4.8M | 1.28M | 1.24M | 0 | 0 |
| Non-Interest Income | 19.48M | 17.85M | 16.65M | 16.11M | 11.43M | 19.61M | 14.53M | 19.25M | 12.11M | 13.59M | 9.6M | 8.23M | 5.57M | 30.47M | 20.3M |
| Non-Interest Income % | 14.38% | 13.82% | 14.52% | 12% | 7.14% | 13.71% | 12.24% | 16.73% | 13.46% | 18.54% | 14.7% | 19% | 14.31% | 100% | 100% |
| Total Net Revenue | 135.45M | 129.16M | 114.7M | 134.27M | 160.05M | 143.09M | 118.71M | 115.03M | 89.93M | 73.28M | 65.28M | 43.34M | 38.91M | 30.47M | 20.3M |
| Revenue Growth % | 17.88% | 12.6% | -14.58% | -16.11% | 11.85% | 20.53% | 3.2% | 27.92% | 22.71% | 12.26% | 50.64% | 11.38% | 27.7% | 50.09% | - |
| Non-Interest Expense | 77.4M | 76.66M | 69.16M | 70.66M | 63.77M | 58.19M | 59.51M | 57.47M | 40.64M | 27.62M | 27.91M | 20.08M | 20.1M | 18.15M | 13.26M |
| Efficiency Ratio | 57.14% | 59.36% | 60.3% | 52.63% | 39.84% | 40.67% | 50.13% | 49.96% | 45.19% | 37.69% | 42.75% | 46.34% | 51.66% | 59.58% | 65.31% |
| Operating Income | 54.64M | 42.13M | 35.68M | 60.25M | 91.34M | 80.94M | 47.46M | 55.32M | 46.21M | 46.8M | 32.57M | 21.97M | 17.57M | 13.2M | 8.11M |
| Operating Margin % | 40.34% | 32.62% | 31.11% | 44.87% | 57.07% | 56.56% | 39.98% | 48.09% | 51.38% | 63.86% | 49.89% | 50.69% | 45.15% | 43.32% | 39.95% |
| Operating Income Growth % | - | 18.09% | -40.78% | -34.05% | 12.86% | 70.54% | -14.21% | 19.73% | -1.26% | 43.69% | 48.25% | 25.07% | 33.09% | 62.75% | - |
| Pretax Income | 54.64M | 42.13M | 35.68M | 60.25M | 91.34M | 80.94M | 47.46M | 55.32M | 46.21M | 46.8M | 32.57M | 21.97M | 17.57M | 12.31M | 7.04M |
| Pretax Margin % | 40.34% | 32.62% | 31.11% | 44.87% | 57.07% | 56.56% | 39.98% | 48.09% | 51.38% | 63.86% | 49.89% | 50.69% | 45.15% | 40.42% | 34.69% |
| Income Tax | 13.68M | 10.19M | 9.01M | 17.78M | 27.02M | 24.03M | 14.53M | 16.11M | 10.1M | 21.27M | 13.49M | 9M | 7.14M | 5.31M | 2.99M |
| Effective Tax Rate % | 25.04% | 24.18% | 25.26% | 29.51% | 29.58% | 29.69% | 30.62% | 29.12% | 21.86% | 45.45% | 41.42% | 40.95% | 40.63% | 43.12% | 42.54% |
| Net Income | 40.96M | 31.95M | 26.66M | 42.47M | 64.33M | 56.91M | 32.93M | 39.21M | 36.1M | 25.53M | 19.08M | 12.97M | 10.43M | 7M | 4.05M |
| Net Margin % | 30.24% | 24.74% | 23.25% | 31.63% | 40.19% | 39.77% | 27.74% | 34.08% | 40.15% | 34.83% | 29.23% | 29.94% | 26.8% | 22.99% | 19.93% |
| Net Income Growth % | 95.79% | 19.81% | -37.21% | -33.99% | 13.04% | 72.82% | -16.02% | 8.6% | 41.43% | 33.8% | 47.07% | 24.41% | 48.89% | 73.09% | - |
| Net Income (Continuing) | 40.96M | 31.95M | 26.66M | 42.47M | 64.33M | 56.91M | 32.93M | 39.21M | 36.1M | 25.53M | 19.08M | 12.97M | 10.43M | 7M | 4.05M |
| EPS (Diluted) | 2.38 | 1.83 | 1.47 | 2.24 | 3.33 | 2.86 | 1.65 | 1.92 | 2.03 | 1.68 | 1.39 | 0.96 | 0.66 | 0.59 | 0.45 |
| EPS Growth % | 103.45% | 24.49% | -34.38% | -32.73% | 16.43% | 73.33% | -14.06% | -5.42% | 20.83% | 20.86% | 44.79% | 45.45% | 11.86% | 31.11% | - |
| EPS (Basic) | - | 1.84 | 1.47 | 2.24 | 3.37 | 2.92 | 1.66 | 1.96 | 2.13 | 1.81 | 1.49 | 1.02 | 0.66 | 0.59 | 0.45 |
| Diluted Shares Outstanding | 17.17M | 17.14M | 18.18M | 18.98M | 19.33M | 19.83M | 19.92M | 20.39M | 17.97M | 15.24M | 13.7M | 13.55M | 15.69M | 11.87M | 8.99M |
Quick answers to the most common questions about buying RBB stock.
For fiscal year 2025, RBB Bancorp (RBB) reported total revenue of $129.2M. This represents a 536.2% increase compared to $20.3M in 2012.
RBB Bancorp (RBB) is profitable, generating $31.9M in net income for the fiscal year ending 2025 with a net profit margin of 13.4%.
RBB Bancorp (RBB) reported an operating income of $42.1M, resulting in an operating profit margin of 17.7%. This margin reflects the operational efficiency of the business before interest and taxes.
RBB Bancorp (RBB) generated $118.8M in gross profit for the year, representing a gross profit margin of 49.9%. This demonstrates the company's core pricing power and production efficiency.
Key Metrics
Top Statement Risk
CRE and SBA concentration
Metrics are mathematically derived from official filings.
Net Interest Income Recovery Momentum
According to recent financial disclosures, RBB's net interest income has demonstrated a consistent upward trajectory, climbing from $24.2 million in 2024Q3 to $30.5 million by 2026Q1, reflecting a successful expansion of the loan portfolio despite a challenging interest rate environment for regional depository institutions.
The steady growth in NII suggests that the bank is effectively managing its deposit betas, likely benefiting from the loyalty of its core ethnic-focused customer base. This trend warrants further investigation into whether the bank can maintain this momentum if funding costs remain elevated or if loan demand in its primary CRE markets begins to soften.
Persistent Margin Compression Challenges
As reported in quarterly filings, RBB's net interest margin has remained stagnant at approximately 0.7% since 2025Q2, indicating that the bank is struggling to expand its yield spread despite the recent growth in its underlying interest-earning asset base.
The lack of margin expansion appears to suggest that the bank is facing significant pressure from rising deposit costs, which are offsetting the benefits of higher loan yields. Investors should monitor whether this compression is a structural feature of the bank's current funding mix or a temporary byproduct of its recent geographic expansion.
Provisioning Volatility and Credit Quality
Based on the bank's reported figures, provision expenses for loan losses have fluctuated significantly, peaking at $6.7 million in 2025Q1 before reversing to a net recovery of $200,000 in 2026Q1, which highlights the inherent volatility in the bank's credit risk assessment models.
This sharp swing in provisioning suggests that management's internal credit models may be highly sensitive to macroeconomic shifts or specific loan portfolio performance. The transition to a net recovery in the most recent quarter may indicate improved credit conditions, though it warrants caution given the bank's heavy concentration in commercial real estate.
Fee Income Sensitivity and Cyclicality
Financial statements reveal that non-interest income remains highly variable, with fee income as a percentage of total revenue swinging from a high of 14.0% in 2025Q2 to a low of 4.7% in 2025Q4, underscoring the bank's reliance on transactional SBA and mortgage warehouse activities.
The volatility in fee income appears to be driven by the cyclical nature of the secondary market for SBA loans and mortgage warehouse demand. This dependency suggests that RBB's non-interest revenue stream may be less predictable than that of peers with more diversified wealth management or recurring service-based fee structures.