RBB Bancorp Buyback
OLI recorded this information on 6/24/2019
Share Amount Authorized:
RBB Bancorp, the holding company for Royal Business Bank (the "Bank," collectively, the "Company") announced today that its Board of Directors has adopted a stock repurchase program. Under the repurchase program, the Company may repurchase up to 1.0 million shares of its common stock, or approximately 5% of its outstanding shares.
RBB Bancorp is a financial holding company. Through its wholly-owned banking subsidiaries, Royal Business Bank and RBB Asset Management Company, Co. provides business banking services to the Chinese-American communities, including remote deposit, E-banking, mobile banking, commercial and investor real estate loans, business loans and lines of credit, Small Business Administration 7A and 504 loans, mortgage loans, trade finance and a range of depository accounts. Co. provides depository products, including checking, savings, money market and certificates of deposits, to individuals, businesses, municipalities and other entities through its branch network throughout its market areas.
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Buy (3.00 out of 4)
(ranked lower than approx. 63% of all stocks covered)
Based on Zacks ABR data;
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