Rbb Bancorp ( (RBB) ) just unveiled an announcement.
RBB Bancorp reported third-quarter 2024 net income of $7.0 million, highlighting an increase in net interest margin and a $0.16 per share cash dividend announcement. Despite slight dips in return on assets and a rise in credit loss provisions, the company saw growth in loans and deposits. CEO David Morris expressed optimism about resolving non-performing loans by mid-2025, while the Board focuses on growth to enhance shareholder value.
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