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