RBB (RBB) reported $28.71 million in income for the quarter ended December 2024, representing a year-over-year decline of 13.2%. EPS of $0.25 for a similar interval compares to $0.43 a yr in the past.
The reported income compares to the Zacks Consensus Estimate of $28.17 million, representing a shock of +1.92%. The corporate delivered an EPS shock of -32.43%, with the consensus EPS estimate being $0.37.
Whereas traders intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Road expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play an important function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher mission a inventory’s worth efficiency.
Right here is how RBB carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Web curiosity margin: 2.8% in comparison with the two.7% common estimate primarily based on two analysts.
- Effectivity Ratio: 61.5% versus 60.9% estimated by two analysts on common.
- Web Curiosity Revenue: $25.98 million versus the two-analyst common estimate of $25.55 million.
- Acquire on sale of loans: $0.38 million in comparison with the $0.48 million common estimate primarily based on two analysts.
- Whole noninterest revenue: $2.73 million versus the two-analyst common estimate of $2.99 million.
View all Key Company Metrics for RBB here>>>
Shares of RBB have returned -7.6% over the previous month versus the Zacks S&P 500 composite’s +2.7% change. The inventory at present has a Zacks Rank #4 (Promote), indicating that it might underperform the broader market within the close to time period.
Solely $1 to See All Zacks’ Buys and Sells
We’re not kidding.
A number of years in the past, we shocked our members by providing them 30-day entry to all our picks for the whole sum of solely $1. No obligation to spend one other cent.
1000’s have taken benefit of this chance. 1000’s didn’t – they thought there should be a catch. Sure, we do have a cause. We would like you to get acquainted with our portfolio companies like Shock Dealer, Shares Underneath $10, Expertise Innovators,and extra, that closed 228 positions with double- and triple-digit positive aspects in 2023 alone.
RBB Bancorp (RBB) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
