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RBB Bancorp, a bank focused on Asian immigrants, files for an $83 million IPO

RBB Bancorp, a commercial bank focused on serving first generation Asian immigrants, filed on Thursday with the SEC to raise up to $83 million in an initial public offering.

The San Gabriel, CA-based company was founded in 2008 and booked $68 million in revenue for the 12 months ended March 31, 2017. It plans to list on the Nasdaq but has not disclosed a ticker. RBB Bancorp filed confidentially on May 3, 2017. Sandler O'Neill, Keefe Bruyette Woods and Stephens Inc. are the joint bookrunners on the deal. No pricing terms were disclosed.

The article RBB Bancorp, a bank focused on Asian immigrants, files for an $83 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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