What is the size and timeline of RBB Bancorp's new buyback plan?

RBB Bancorp authorized the repurchase of up to 1 million shares through June 30, 2028. As of the announcement date (June 15, 2026), the company had approximately 16.99 million shares outstanding, making this plan represent roughly 5.9% of outstanding shares. The two-year authorization window provides flexibility in execution timing and market conditions.

How does this buyback relate to RBB Bancorp's capital strategy?

The share repurchase plan is part of a broader capital-management approach that includes regular dividend payments and debt redemptions. In Q2 2026 alone, the company paid $2.8 million in cash dividends and completed a $40 million redemption of subordinated notes, demonstrating a balanced approach to returning capital while maintaining regulatory capital requirements for a bank.

What execution method will RBB Bancorp use for its buybacks?

The filing does not specify the execution mechanism. The company may use Rule 10b-18 open-market purchases, 10b5-1 plans, or other methods. Investors should monitor future 8-K filings or quarterly earnings reports for details on actual repurchase activity and pricing.

Did RBB Bancorp repurchase shares in Q2 2026?

Yes, the company repurchased common stock for $4.5 million during the second quarter of 2026. However, the filing does not disclose the number of shares repurchased or the average price paid. This activity occurred before the formal announcement of the 1 million-share authorization plan.

How does RBB's share count compare to its market position?

RBB Bancorp had 16.99 million shares outstanding at June 30, 2026, with a book value per share of $31.51 and tangible book value per share of $27.23. The company is a community bank with $4.3 billion in assets, primarily serving Asian-centric communities across six states through 24 branches.

RBB 8-K Filed 2026-07-20 New authorization

RBB Bancorp announces new $40M share-repurchase plan

Community bank authorizes buyback of up to 1 million shares through June 2028

Authorization$40M

Authorization (shares)1.0M

What the filing says

RBB Bancorp (NASDAQ: RBB) announced on June 15, 2026, a new common stock repurchase plan authorizing the repurchase of up to 1 million shares of the Company's outstanding common stock through June 30, 2028. The authorization represents approximately 5.9% of shares outstanding as of the announcement date (based on 16,985,919 shares outstanding as of June 30, 2026).

The repurchase plan was announced as part of the Company's second quarter 2026 earnings release. RBB Bancorp reported net income of $10.1 million ($0.59 diluted EPS) for the quarter ended June 30, 2026. The Board of Directors also declared a quarterly cash dividend of $0.16 per common share and announced a partial redemption of $40 million in subordinated notes.

The specific execution mechanism—whether shares will be repurchased under Rule 10b-18 open-market purchases, an accelerated share repurchase program, or other methods—is not specified in the filing. The filing discloses that during the second quarter, the Company repurchased common stock for $4.5 million, though the share count and average price are not detailed.

Not specified

On June 15, 2026, the Company announced a new common stock repurchase plan providing for the repurchase of up to 1 million shares of the Company's outstanding common stock through June 30, 2028. — RBB Bancorp 8-K filing · View on SEC EDGAR →

What this means

RBB Bancorp's new share-repurchase authorization of 1 million shares represents a modest capital-management tool for a $4.3 billion-asset community bank. At current book value of $31.51 per share (as of June 30, 2026), the implied authorization would represent roughly $31.5 million in potential buyback value. The two-year window (through June 2028) provides flexibility in timing and execution. The company simultaneously continued regular dividend distributions ($0.16 per share, $2.8 million paid in Q2) and redeemed $40 million in subordinated notes, reflecting a balanced capital deployment strategy. Share repurchases reduce share count and can support per-share metrics, though the company's modest profitability (0.97% ROA in Q2) constrains aggressive capital return.

Frequently asked questions

What is the size and timeline of RBB Bancorp's new buyback plan?: RBB Bancorp authorized the repurchase of up to 1 million shares through June 30, 2028. As of the announcement date (June 15, 2026), the company had approximately 16.99 million shares outstanding, making this plan represent roughly 5.9% of outstanding shares. The two-year authorization window provides flexibility in execution timing and market conditions.
How does this buyback relate to RBB Bancorp's capital strategy?: The share repurchase plan is part of a broader capital-management approach that includes regular dividend payments and debt redemptions. In Q2 2026 alone, the company paid $2.8 million in cash dividends and completed a $40 million redemption of subordinated notes, demonstrating a balanced approach to returning capital while maintaining regulatory capital requirements for a bank.
What execution method will RBB Bancorp use for its buybacks?: The filing does not specify the execution mechanism. The company may use Rule 10b-18 open-market purchases, 10b5-1 plans, or other methods. Investors should monitor future 8-K filings or quarterly earnings reports for details on actual repurchase activity and pricing.
Did RBB Bancorp repurchase shares in Q2 2026?: Yes, the company repurchased common stock for $4.5 million during the second quarter of 2026. However, the filing does not disclose the number of shares repurchased or the average price paid. This activity occurred before the formal announcement of the 1 million-share authorization plan.
How does RBB's share count compare to its market position?: RBB Bancorp had 16.99 million shares outstanding at June 30, 2026, with a book value per share of $31.51 and tangible book value per share of $27.23. The company is a community bank with $4.3 billion in assets, primarily serving Asian-centric communities across six states through 24 branches.

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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.