LOS ANGELES (AP) _ RBB Bancorp (RBB) on Monday reported third-quarter profit of $8 million.
The Los Angeles-based bank said it had earnings of 39 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 40 cents per share.
The bank holding company posted revenue of $37.5 million in the period. Its revenue net of interest expense was $26.3 million, missing Street forecasts.
RBB shares have risen 13% since the beginning of the year. In the final minutes of trading on Monday, shares hit $19.94, a fall of 13% in the last 12 months.