RBB Bancorp – Consensus indicates 12.8% upside potential

RBB Bancorp found using the (RBB) ticker now have 5 analysts covering the stock with the consensus suggesting a ‘Hold’ rating. The range between the high target price and the low target price is between 27.5 and 23 with an average TP of 24.9. Given that the stock’s previous close was at 22.08, this would imply an upside potential of 12.8%. The 50-day moving average is 21.28 and the 200-day MA is 23.86. The market cap of the company is $415 million. You can visit the company’s website by visiting: https://www.royalbusinessbankusa.com

The potential market capitalization would be $468 million based on market consensus.

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RBB Bancorp operates as a bank holding company for the Royal Business Bank which 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 mortgages. In addition, it provides international letters of credit, SWIFT, export advice, trade finance discounts and foreign exchange services; and remote deposit, online banking and mobile banking services. The Company primarily offers its products and services to individuals, businesses, municipalities and other entities. As of December 31, 2021, it operated 23 branches in the Western Region with branches in Los Angeles County, California; Orange County, California; Ventura County, California; Clark County, Nevada; Honolulu, Hawaii, as well as the Eastern region with branches in Manhattan, Brooklyn and Queens, New York; Chicago, Illinois and Edison, New Jersey. RBB Bancorp was founded in 2008 and is headquartered in Los Angeles, California.

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