RBB Bancorp Q2 earnings fall 11% to $10.1M as NIM compresses; redeems $40M high-cost debt

Filed July 20, 2026 · Period ending July 20, 2026 · ~1 min read

Key Changes

• high

  Net income declined to $10.1M ($0.59/share) from $11.3M ($0.66/share) in Q1 2026, with net interest margin compressing 9bp to 3.06% due to higher subordinated debt costs after rate reset and lower FHLB dividend income.

  Item 2.02 verify on EDGAR →
• high

  Redeemed $40M of subordinated notes at par plus interest (~$40.7M total) on July 1, 2026, eliminating debt that had reset from 4.00% fixed to 6.98% floating; remaining $80M reset to 7.02%.

  Exhibit 99.1 view on EDGAR →
• high

  Nonperforming loans fell $20.8M to $23.8M (0.72% of loans) from $44.6M (1.34%) in Q1, including $19.4M transferred to OREO; allowance coverage of NPLs strengthened to 184% from 98%.

  Exhibit 99.1 view on EDGAR →