RBB Bancorp launches $25M buyback, redeems $40M in subordinated debt

Filed June 15, 2026 · Period ending June 12, 2026 · ~1 min read

Key Changes

• high

  Board authorized repurchase of up to 1 million shares (~6% of outstanding) through June 2028, representing approximately $25 million at current prices. Program is flexible and may be executed via open market, private transactions, or block trades.

  Item 8.01 verify on EDGAR →
• medium

  Company will redeem $40 million of its subordinated notes on July 1, 2026, at par plus accrued interest (total ~$40.7M). This is a partial redemption, leaving $80 million in notes outstanding.

  Item 8.01 verify on EDGAR →
• medium

  Subordinated notes transitioned from 4.00% fixed rate to floating rate (SOFR + 329 bps) on April 1, 2026, currently at 6.98%. Remaining $80M in notes will reset again July 1 based on prevailing SOFR.

  Item 8.01 verify on EDGAR →