Analysts' ratings for RBB Bancorp (NASDAQ:RBB) over the last quarter vary from bullish to bearish, as provided by 4 analysts.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 0 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 2 | 0 | 0 |
Analysts have set 12-month price targets for RBB Bancorp, revealing an average target of $20.75, a high estimate of $22.00, and a low estimate of $20.00. Observing a 5.49% increase, the current average has risen from the previous average price target of $19.67.
Breaking Down Analyst Ratings: A Detailed Examination
The standing of RBB Bancorp among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Matthew Clark | Piper Sandler | Raises | Neutral | $21.00 | $19.00 |
| Brendan Nosal | Hovde Group | Announces | Market Perform | $20.00 | - |
| Kelly Motta | Keefe, Bruyette & Woods | Raises | Market Perform | $22.00 | $20.00 |
| Andrew Terrell | Stephens & Co. | Maintains | Equal-Weight | $20.00 | $20.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to RBB Bancorp. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of RBB Bancorp compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for RBB Bancorp's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of RBB Bancorp's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
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Delving into RBB Bancorp's Background
RBB Bancorp operates as a bank holding company. It provides various banking products and services such as checking, savings, money market accounts, and certificates of deposits. Its Specific services include remote deposit, E-banking, mobile banking, commercial and investor real estate loans, business loans and lines of credit, Small Business Administration (SBA) 7A and 504 loans, mortgage loans, trade finance, and a full range of depository accounts. It generates its revenue from interest received on loans and leases and, to a lesser extent, from interest received on investment securities and derives income from noninterest sources, such as fees received in connection with various lending and deposit services, loan servicing, gain on sales of loans, and wealth management services.
RBB Bancorp: Financial Performance Dissected
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Challenges: RBB Bancorp's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -22.53%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 28.45%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): RBB Bancorp's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.57%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): RBB Bancorp's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.2%, the company showcases efficient use of assets and strong financial health.
Debt Management: RBB Bancorp's debt-to-equity ratio is below the industry average. With a ratio of 0.62, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Basics of Analyst Ratings
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.