RBB Bancorp – Consensus Indicates Potential 9.0% Upside

Broker Ratings

RBB Bancorp with ticker code (RBB) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 23 and 19 calculating the average target price we see 20.5. Given that the stocks previous close was at 18.8 this indicates there is a potential upside of 9.0%. The 50 day MA is 18.05 and the 200 day MA is 14.78. The company has a market capitalisation of $386m. Find out more information at: http://www.royalbusinessbankusa.com

RBB Bancorp operates as the bank holding company for Royal Business Bank that provides various banking products and services to the Chinese-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 construction, commercial construction, 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 trust, remote deposit, e-banking, and mobile banking services, as well as operates a loan production office in California. The company primarily offers its products and services to individuals, businesses, municipalities, and other entities. As of April 20, 2020, it operated 10 branches in Los Angeles County; 2 branches in Ventura County; 1 branch in Irvine, California; 1 branch in Las Vegas, Nevada; 7 branches and 1 loan operation center in Brooklyn, Queens, and Manhattan in New York; and 3 branches in Chicago, Illinois. RBB Bancorp was founded in 2008 and is headquartered in Los Angeles, California.

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