RBB Bancorp (FRA:5SZ) Effective Interest Rate on Debt % : 37.92% (As of Mar. 2024)

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What is RBB Bancorp Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. RBB Bancorp's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €110.1 Mil. RBB Bancorp's average total debt for the quarter that ended in Mar. 2024 was €290.3 Mil. Therefore, RBB Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 37.92%.

RBB Bancorp Effective Interest Rate on Debt % Historical Data

The historical data trend for RBB Bancorp's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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RBB Bancorp Effective Interest Rate on Debt % Chart

RBB Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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16.73

17.48

7.44

8.13

26.70

RBB Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															17.88	24.66	30.52	33.64	37.92

Competitive Comparison of RBB Bancorp's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, RBB Bancorp's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

RBB Bancorp's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, RBB Bancorp's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where RBB Bancorp's Effective Interest Rate on Debt % falls into.

RBB Bancorp Effective Interest Rate on Debt % Calculation

RBB Bancorp's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -93.407	/	( (410.478	+	289.108)	/ 2 )
=	-1 * -93.407	/	349.793
=	26.70 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	410.478	+	0
=	410.478

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	289.108	+	0
=	289.108

RBB Bancorp's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -110.1	/	( (289.108	+	291.572)	/ 2 )
=	-1 * -110.1	/	290.34
=	37.92 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	289.108	+	0
=	289.108

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	291.572	+	0
=	291.572

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

RBB Bancorp (FRA:5SZ) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

RBB Bancorp Effective Interest Rate on Debt % Related Terms

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RBB Bancorp (FRA:5SZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » RBB Bancorp (FRA:5SZ) » Definitions » Effective Interest Rate on Debt %

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RBB:USA

Address

1055 Wilshire Boulevard, 12th Floor, Los Angeles, CA, USA, 90017

Website

https://www.royalbusinessbankusa.com

RBB Bancorp operates as a bank holding company. It provides various banking products and services such as checking, savings, money market accounts, and certificates of deposits. Its Specific services include remote deposit, E-banking, mobile banking, commercial and investor real estate loans, business loans and lines of credit, Small Business Administration (SBA) 7A and 504 loans, mortgage loans, trade finance, and a full range of depository accounts. It generates its revenue from interest received on loans and leases and, to a lesser extent, from interest received on investment securities and derives income from noninterest sources, such as fees received in connection with various lending and deposit services, loan servicing, gain on sales of loans, and wealth management services.

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