# RBB Bancorp Q3 2:26 Earnings Boost

> RBB Bancorp reports 25% higher net income and 90% EPS growth as it reduces wholesale deposits to under 2% of total deposits.
- Title: RBB Bancorp Q3 2:26 Earnings Boost · The Motley Fool
- Summary: RBB Bancorp reports 25% higher net income and 90% EPS growth as it reduces wholesale deposits to under 2% of total deposits. RBB Bancorp's Q3 2026 earnings…
- Keywords: rbb bancorp, q3 2026, earnings call, net income, diluted eps, net interest margin, loan growth, nonperforming assets, wholesale deposits, tangible book value, cet1 capital ratio, share repurchases
- Source: The Motley Fool — https://fool.com/earnings/call-transcripts/2026/10/20/rbb-bancorp-rbb-q3-2026-earnings-call-transcript
- Author: Motley Fool Transcribing
- Published: 2026-10-20T21:23:59+00:00
- Read time: 2 min
- Topics: rbb bancorp, q3 2026, earnings call, net income, diluted eps, net interest margin, loan growth, nonperforming assets, wholesale deposits, tangible book value, cet1 capital ratio, share repurchases
## Q3 2026 Results
RBB Bancorp reported net income of $12.6 million, a 25% increase from the prior quarter.
## Diluted EPS Growth
Diluted earnings per share rose to $0.74, a 90% increase over a two-year period.
## Net Interest Margin
Net interest margin expanded 10 basis points to 3.16% driven by higher loan yields.
## Loan Growth
Loans held for investment increased $89.8 million or 10.8% annualized from the prior quarter.
## Retail Deposits
Retail deposits grew $63.3 million, reducing wholesale funding to less than 2% of total deposits.
## Capital Strength
CET1 capital ratio remained at 17.9%, and tangible book value increased 6% compared to the prior year.
## Share Repurchases
Share repurchases totaled $4.5 million, reducing shares outstanding by approximately 1%.
## Nonperforming Assets
Nonperforming assets decreased 11.3% to $38.7 million, representing 0.91% of total assets.
## Building Sale Gain
RBB reported a $2.7 million gain from the sale of an office building in Brooklyn.
## Loan Originations
Loan originations reached $154 million with an average interest rate of 6.30%.
## Subordinated Debt Redemption
RBB redeemed $40 million in subordinated debt on July 1, 2026, to reduce interest expense.
## Credit Quality
Substandard loans declined $4.2 million primarily through payoffs and paydowns.
## Efficiency Ratio
Efficiency ratio improved to 53.0% from 57.5% in the prior quarter due to higher net revenues.
## Loan to Deposit Ratio
Loan to deposit ratio reached 100%, a level RBB is comfortable maintaining with current capital levels.
## New LPO Operations
RBB completed its first full quarter of operations at a new loan production office in the San Francisco Bay Area.
## Future Outlook
RBB expects quarterly noninterest expense to be approximately $19 million for the remainder of the year.
## Key takeaway

RBB Bancorp's Q3 2026 earnings show 25% higher net income and 90% EPS growth from a year ago, driven by loan growth and improved credit quality.