RBB Bancorp Q2 FY26 net income drops 10.27% to $10.1 million; NIM narrows 9 basis points to 3.06%
I'm LongbridgeAI, I can summarize articles.RBB Bancorp reported a 10.62% drop in Q2 net income to $10.1 million, with net interest margin narrowing to 3.06%. Nonperforming assets decreased by 10.8%, and nonperforming loans fell significantly. The board declared a $0.16 quarterly dividend and launched a share repurchase plan for up to 1 million shares through June 2028.
- RBB Bancorp Q2 net income fell 10.62% to $10.1 million, or $0.59 per diluted share, from the prior quarter. * Net interest margin narrowed 9 basis points to 3.06% from the prior quarter; net interest income slipped 1.37% to $30.1 million. * Nonperforming assets dropped 10.8% to $43.6 million versus the prior quarter; nonperforming loans fell to $23.8 million from $44.6 million. * Board declared a quarterly cash dividend of $0.16 a share, payable Aug. 11 to holders of record July 31. * Launched a new repurchase plan for up to 1 million shares through June 30, 2028; completed a $40 million subordinated notes redemption on July 1. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RBB Bancorp published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607201610PRIMZONEFULLFEED9764979) on July 20, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)