RBB Bancorp – Consensus points to potential upside of 12.8%

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

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

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RBB Bancorp acts as the bank holding company of Royal Business Bank, which provides various banking products and services to the Chinese American, Korean American and other Asian American communities. Deposit products include checking, savings and money market accounts and certificates of deposit. The company also offers commercial and industrial lines of credit, term loans, mortgage storage lines and international trade discounts; commercial real estate loans; building loans for residential, commercial and real estate acquisition and development; small business management loans; and mortgage loans for single-family homes. In addition, it offers international letters of credit, SWIFT, export consulting, trade finance discount and foreign exchange services; and remote deposit, e-banking and mobile banking services. The company offers its products and services mainly to private individuals, companies, municipalities and other institutions. As of December 31, 2021, it operated 23 offices in the western region with offices in Los Angeles County, California; Orange County, California; Ventura County, California; Clark County, Nevada; Honolulu, Hawaii and the Eastern Region with offices 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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