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RBB delivered notable financial interval ending June 30 2022 Revenue and profitability growth , where Revenue rose by 17.848 % to $
39.60 millions when compared with the prior year period, income advanced by 19.4 % at $0.80 per share.
Income improved from the previous quarter by 8.11 % from $0.74 per share, Revenues advanced by 6.82 % from $37.07 millions.
Net profits of $15.477 millions in the fiscal second quarter of 2022 increased by 15.67 % from net earnings of $13.380 millions reported in the fiscal second quarter of 2022 a year ago. Rbb Bancorp shifted it's focus on improving sales in the fiscal second quarter of 2022, as a result net margin eased to 39.09%.
Operating earnings, however, rose 16.2% to $21.985 millions.
Rbb Bancorp is expected to report next financial recent numbers on March 10, 2023.