What is the size and duration of the new repurchase plan?

RBB Bancorp authorized the repurchase of up to 1 million shares, representing approximately $25 million based on current stock price and approximately 6% of outstanding shares, through June 30, 2028. This replaces a prior $18 million plan authorized in May 2025 that was exhausted in the second quarter of 2026.

How will RBB Bancorp execute this repurchase plan?

Shares may be repurchased in open market or private transactions, through block trades, and pursuant to trading plans adopted in accordance with SEC Rules 10b5-1 and 10b-18. The plan is discretionary and may be suspended, terminated, or modified at any time.

Is the repurchase plan mandatory?

No. The plan does not obligate the Company to purchase any particular number of shares. Timing and amount of repurchases may be affected by market conditions, cost of repurchasing shares, availability of alternative investment opportunities, liquidity, and other factors deemed appropriate by management.

What is the context for this repurchase authorization?

The company states the new plan reflects its strong capital position and ample liquidity as part of ongoing capital management strategy. The repurchase is being conducted concurrently with a $40 million partial redemption of subordinated notes, demonstrating active balance-sheet management.

How does this repurchase compare to RBB's size?

At approximately $25 million, the authorized repurchase represents about 6% of outstanding shares and is modest relative to RBB's total assets of $4.2 billion as of March 31, 2026, reflecting a measured approach to capital return.

RBB 8-K Filed 2026-06-15 New authorization

RBB Bancorp authorizes $25M share repurchase plan through June 2028

Community bank board approves repurchase of up to 1 million shares, representing ~6% of outstanding stock

Authorization$25M

Authorization (shares)1.0M

MechanismRule 10b5-1 and 10b-18 open-ma

What the filing says

RBB Bancorp's Board of Directors authorized a common stock repurchase plan on June 15, 2026, providing for the repurchase of up to 1 million shares of outstanding common stock through June 30, 2028. The Repurchase Plan represents approximately $25 million based on the Company's current stock price at the time of authorization and represents approximately 6% of the Company's current outstanding shares.

The Repurchase Plan permits shares to be purchased in open market or private transactions, through block trades, and pursuant to any trading plan adopted in accordance with Rules 10b5-1 and 10b-18 of the Securities and Exchange Commission. The plan is discretionary and may be suspended, terminated, or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. The plan does not obligate the Company to purchase any particular number of shares.

This authorization follows a prior May 29, 2025 repurchase plan for up to $18 million through June 30, 2026, of which the remaining $4.1 million (as of March 31, 2026) was exhausted in the second quarter of 2026. The new plan reflects the Company's strong capital position and ample liquidity as part of its ongoing capital management strategy.

RBB Bancorp announced that its Board of Directors authorized a stock repurchase plan providing for the repurchase of up to 1 million shares of the Company's outstanding common stock through June 30, 2028 (the "Repurchase Plan"). The Repurchase Plan represents a dollar amount of approximately $25 million, based on the Company's current stock price, and represents approximately 6% of the Company's current outstanding shares. — RBB Bancorp 8-K filing · View on SEC EDGAR →

What this means

RBB Bancorp, a $4.2 billion-asset community bank headquartered in Los Angeles, has refreshed its repurchase authorization following exhaustion of a prior $18 million plan. The new $25 million authorization represents modest capital deployment relative to the company's size and capitalization, consistent with management's stated objective of returning capital while maintaining flexibility for lending and other strategic opportunities. The buyback is part of a broader capital management strategy that simultaneously includes a $40 million partial redemption of subordinated debt, reflecting management's view that equity repurchase is currently attractive relative to alternative uses of capital.

Frequently asked questions

What is the size and duration of the new repurchase plan?: RBB Bancorp authorized the repurchase of up to 1 million shares, representing approximately $25 million based on current stock price and approximately 6% of outstanding shares, through June 30, 2028. This replaces a prior $18 million plan authorized in May 2025 that was exhausted in the second quarter of 2026.
How will RBB Bancorp execute this repurchase plan?: Shares may be repurchased in open market or private transactions, through block trades, and pursuant to trading plans adopted in accordance with SEC Rules 10b5-1 and 10b-18. The plan is discretionary and may be suspended, terminated, or modified at any time.
Is the repurchase plan mandatory?: No. The plan does not obligate the Company to purchase any particular number of shares. Timing and amount of repurchases may be affected by market conditions, cost of repurchasing shares, availability of alternative investment opportunities, liquidity, and other factors deemed appropriate by management.
What is the context for this repurchase authorization?: The company states the new plan reflects its strong capital position and ample liquidity as part of ongoing capital management strategy. The repurchase is being conducted concurrently with a $40 million partial redemption of subordinated notes, demonstrating active balance-sheet management.
How does this repurchase compare to RBB's size?: At approximately $25 million, the authorized repurchase represents about 6% of outstanding shares and is modest relative to RBB's total assets of $4.2 billion as of March 31, 2026, reflecting a measured approach to capital return.

authorization community-bank Rule-10b-18 10b5-1-plan capital-management

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.