RBB Bancorp found using ticker (RBB) now have 5 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 32 and 27 and has a mean target at 30. Given that the stocks previous close was at 24.88 this now indicates there is a potential upside of 20.6%. The day 50 moving average is 26.06 and the 200 moving average now moves to 25.12. The market capitalisation for the company is $477m. Find out more information at: https://www.royalbusinessbankusa.com
The potential market cap would be $575m based on the market concensus.
RBB Bancorp operates as the bank holding company for Royal Business Bank that provides various banking products and services to the Chinese-American, Korean-American, and other Asian-American communities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit. The company also offers commercial and industrial lines of credit, term loans, mortgage warehouse lines, and international trade discounts; commercial real estate loans; residential, commercial, and land acquisition and development construction loans; small business administration loans; and single-family residential mortgage loans. In addition, it provides international letters of credit, SWIFT, export advisory, trade finance discount, and foreign exchange services; and remote deposit, e-banking, and mobile banking services. The company primarily offers its products and services to individuals, businesses, municipalities, and other entities. As of December 20, 2020, it operated nine branches in Los Angeles County; one branch in Orange County, Irvine; two branches in Ventura County; one branch in Las Vegas, Nevada; six branches in New York; 1 in Edison, New Jersey; and two branches in Chicago. RBB Bancorp was founded in 2008 and is headquartered in Los Angeles, California.
