RBB Bancorp (NASDAQ:RBB) has received a consensus broker rating score of 1.50 (Buy) from the two brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a buy rating and one has assigned a strong buy rating to the company.
Brokers have set a 1-year consensus target price of $27.50 for the company, according to Zacks. Zacks has also assigned RBB Bancorp an industry rank of 15 out of 265 based on the ratings given to related companies.
RBB has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods reissued a “buy” rating and set a $30.00 price target on shares of RBB Bancorp in a research report on Friday, December 22nd. Zacks Investment Research raised shares of RBB Bancorp from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a report on Friday, November 17th.
RBB Bancorp (NASDAQ:RBB) traded up $0.14 during midday trading on Friday, hitting $26.89. 24,624 shares of the stock traded hands, compared to its average volume of 29,906. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.12 and a quick ratio of 1.03. RBB Bancorp has a 12 month low of $21.26 and a 12 month high of $27.55.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date is Tuesday, January 30th.
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About RBB Bancorp
RBB Bancorp (the Bank) is a bank holding company with the principal business to serve as the holding company for its wholly-owned banking subsidiaries, including Royal Business Bank (Bank) and RBB Asset Management Company (RAM). The Company operates Royal Business Bank, which is a California state-chartered commercial bank.
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