RBB Bancorp announced that Gary Fan, Executive Vice President and Chief Operations Officer of its wholly-owned subsidiary Royal Business Bank, will conclude his tenure effective September 30, 2026. The decision not to renew Mr. Fan's employment agreement, which expires December 4, 2026, was made mutually on August 31, 2026 as part of a leadership transition plan. Upon departure, Mr. Fan is entitled to severance equal to six months of his current annual base salary, contingent upon executing a general release of claims. RBB Bancorp operates in the banking industry and provides financial services through its subsidiary.

RBB Bancorp reported second quarter 2026 net income of $10.1 million, or $0.59 diluted earnings per share, and declared a quarterly cash dividend of $0.16 per common share. The company also announced a new common stock repurchase plan for up to 1 million shares through June 30, 2028. RBB Bancorp is a community-based financial holding company providing commercial and consumer banking services.

RBB Bancorp has authorized a common stock repurchase plan for up to 1 million shares, valued at approximately $25 million, through June 30, 2028. Additionally, the company notified Wilmington Trust, National Association, as paying agent, of its intention to redeem $40.0 million of its 4.00% Fixed-to-Floating Rate Subordinated Notes due 2031 on July 1, 2026, for a total redemption price of approximately $40.7 million. RBB Bancorp is a financial services company providing banking services.