Monitor actual share repurchases in coming quarters and the impact of reduced interest expense from the $40M note redemption. The buyback is discretionary and may be suspended; the redemption is a firm July 1 event that will lower leverage modestly.
Price Chart
Executive Summary
RBB Bancorp announced a new stock repurchase plan authorizing up to 1 million shares (~$25M, ~6% of outstanding) through June 2028, and a partial redemption of $40M of its 4.0% Fixed-to-Floating Rate Subordinated Notes due 2031 on July 1, 2026. These capital management actions signal confidence in liquidity but are routine and non-binding, with no financial results reported.
Key Facts
- Board authorized repurchase of up to 1 million shares (~$25M, ~6% of outstanding) through June 30, 2028
- Company will redeem $40.0M aggregate principal of 4.0% Fixed-to-Floating Subordinated Notes on July 1, 2026, for ~$40.7M including accrued interest
- Prior $18M buyback plan was exhausted in Q2 2026; $4.1M remained as of March 31, 2026
- After redemption, $80.0M of the Notes will remain outstanding with floating rate reset to 3-month SOFR + 329 bps
Financial Impact
~$25M buyback authorization (non-binding); ~$40.7M cash outlay for debt redemption (principal + accrued interest)
Risk Factors
- Buyback may not be executed if market conditions or liquidity change
- Floating rate on remaining $80M notes could increase if SOFR rises
- Cash deployed for redemption reduces flexibility for other capital needs
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-020620 |
| Document: 0001437749-26-020620-index-headers.html | 0001437749-26-020620 |
| Document: 0001437749-26-020620-index.html | 0001437749-26-020620 |
| Document: 0001437749-26-020620.txt | 0001437749-26-020620 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | 8-K | $26.13 $26.36 | ▲ +0.86% | ▲ +0.34% | $26.30 (+0.65%) |
Oct 19, 2026 7d ago | Press Release | $26.13 $26.36 | ▲ +0.86% | ▲ +0.34% | $26.30 (+0.65%) |
Oct 1, 2026 26d ago | Press Release | $26.22 | awaiting T+1 | — | $26.30 (+0.31%) |
Jul 20, 2026 14w ago | Press Release | $26.63 $26.45 | ▼ −0.68% | ▼ −0.56% | $26.30 (−1.24%) |
Jun 15, 2026 19w ago | 8-K | $25.00 $25.71 | ▲ +2.84% | ▲ +3.44% | $26.30 (+5.20%) |
May 7, 2026 24w ago | 144 | $24.05 $23.53 | ▼ −2.16% | ▼ −2.39% | $26.30 (+9.36%) |
May 4, 2026 25w ago | Insider Cluster | $23.89 $24.14 | ▲ +1.05% | ▲ +0.25% | $26.30 (+10.09%) |
May 4, 2026 25w ago | Insider Cluster | $23.89 $24.14 | ▲ +1.05% | ▲ +0.25% | $26.30 (+10.09%) |
May 4, 2026 25w ago | Insider Cluster | $23.53 $23.55 | ▲ +0.09% | ▲ +0.22% | $26.30 (+11.77%) |
Apr 29, 2026 25w ago | Insider Cluster | $23.71 $24.12 | ▲ +1.73% | ▲ +0.71% | $26.30 (+10.92%) |
US Market Status
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