Filing Flows › RBB Bancorp (RBB) › Q1 2025
RBB Bancorp (RBB) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
RBB Bancorp (RBB) reported revenue of $28.5M for the first quarter 2025 (Q1 2025), +0.7% from a year earlier and -0.9% from the quarter before. Operating margin was 11.2%, net earnings $2.3M (8.0% of revenue).
RBB Bancorp, Q1 2025: revenue $28.5M (+0.7% year over year), operating margin 11.2%, net earnings $2.3M, operating cash flow $7.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $28.5M | -0.9% | +0.7% |
| Operating profit | $3.2M | -37% | -72% |
| Net earnings | $2.3M | -48% | -72% |
| Operating cash flow | $7.8M | -56% | +60% |
| Free cash flow | $7.6M | -56% | +62% |
What changed
Revenue was $28.5M in Q1 2025, up 1% year over year and down 1% from the previous quarter.
Operating profit was $3.2M, a 11.2% margin (down 28.7 points year over year). Operating profit fell $8.1M even though revenue rose $209K versus a year earlier, so costs grew faster than sales. Total costs grew 49% against revenue growth of 1%. Net earnings were $2.3M, down 72% year over year. The effective tax rate was 28.2%.
Operating cash flow was $7.8M (up 60% year over year), 339% of net earnings. Non-cash charges added back $255K of share-based compensation. Working capital and other items added $5.2M. Capital expenditures of $180K left free cash flow of $7.6M.
Questions
What was RBB Bancorp's revenue in the first quarter 2025?
RBB Bancorp (RBB) reported revenue of $28.5M for the first quarter 2025 (Q1 2025), +0.7% from a year earlier and -0.9% from the quarter before.
Was RBB Bancorp profitable in the first quarter 2025?
Operating profit was $3.2M (11.2% of revenue) and net earnings $2.3M.
Source: RBB Bancorp 10-Q on SEC EDGAR.