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Side-by-side financial comparison of NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN) and RBB Bancorp (RBB). Click either name above to swap in a different company.

RBB Bancorp is the larger business by last-quarter revenue ($32.3M vs $23.6M, roughly 1.4× NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP). RBB Bancorp runs the higher net margin — 31.5% vs -677.3%, a 708.8% gap on every dollar of revenue. On growth, NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP posted the faster year-over-year revenue change (15.7% vs 12.6%). Over the past eight quarters, NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP's revenue compounded faster (8.9% CAGR vs 7.0%).

New England Realty Associates Limited Partnership is a real estate investment entity that owns, operates and manages residential and commercial properties primarily across the U.S. New England region. Its core assets include multifamily apartments, mixed-use properties and small commercial spaces, serving tenants across Massachusetts, New Hampshire and adjacent states, delivering steady returns to unitholders via rental income and property value growth.

RBB Bancorp is a US-based financial holding company that operates Royal Business Bank as its primary banking subsidiary. It caters mainly to Asian American communities, small and medium-sized enterprises, real estate investors, and retail clients, offering comprehensive commercial banking, consumer lending, deposit services, and wealth management solutions across branches in key US coastal metropolitan areas.

NEN vs RBB — Head-to-Head

Bigger by revenue
RBB
RBB
1.4× larger
RBB
$32.3M
$23.6M
NEN
Growing faster (revenue YoY)
NEN
NEN
+3.1% gap
NEN
15.7%
12.6%
RBB
Higher net margin
RBB
RBB
708.8% more per $
RBB
31.5%
-677.3%
NEN
Faster 2-yr revenue CAGR
NEN
NEN
Annualised
NEN
8.9%
7.0%
RBB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NEN
NEN
RBB
RBB
Revenue
$23.6M
$32.3M
Net Profit
$-1.4M
$10.2M
Gross Margin
Operating Margin
14.0%
39.5%
Net Margin
-677.3%
31.5%
Revenue YoY
15.7%
12.6%
Net Profit YoY
-133.0%
132.1%
EPS (diluted)
$0.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NEN
NEN
RBB
RBB
Q4 25
$23.6M
$32.3M
Q3 25
$23.7M
$32.6M
Q2 25
$21.2M
$35.8M
Q1 25
$20.7M
$28.5M
Q4 24
$20.4M
$28.7M
Q3 24
$20.2M
$30.3M
Q2 24
$20.1M
$27.5M
Q1 24
$19.9M
$28.2M
Net Profit
NEN
NEN
RBB
RBB
Q4 25
$-1.4M
$10.2M
Q3 25
$-521.8K
$10.1M
Q2 25
$4.1M
$9.3M
Q1 25
$3.8M
$2.3M
Q4 24
$4.2M
$4.4M
Q3 24
$3.9M
$7.0M
Q2 24
$4.1M
$7.2M
Q1 24
$3.5M
$8.0M
Operating Margin
NEN
NEN
RBB
RBB
Q4 25
14.0%
39.5%
Q3 25
20.0%
40.7%
Q2 25
33.3%
36.1%
Q1 25
30.1%
11.2%
Q4 24
32.4%
17.6%
Q3 24
32.0%
31.6%
Q2 24
32.6%
35.6%
Q1 24
28.9%
39.9%
Net Margin
NEN
NEN
RBB
RBB
Q4 25
-677.3%
31.5%
Q3 25
-2.2%
31.2%
Q2 25
19.5%
26.1%
Q1 25
18.3%
8.0%
Q4 24
20.7%
15.3%
Q3 24
19.3%
23.1%
Q2 24
20.3%
26.4%
Q1 24
17.4%
28.4%
EPS (diluted)
NEN
NEN
RBB
RBB
Q4 25
$0.59
Q3 25
$0.59
Q2 25
$0.52
Q1 25
$0.13
Q4 24
$0.26
Q3 24
$0.39
Q2 24
$0.39
Q1 24
$0.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NEN
NEN
RBB
RBB
Cash + ST InvestmentsLiquidity on hand
$26.7M
$212.3M
Total DebtLower is stronger
$531.0M
$119.9M
Stockholders' EquityBook value
$523.4M
Total Assets
$505.3M
$4.2B
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NEN
NEN
RBB
RBB
Q4 25
$26.7M
$212.3M
Q3 25
$13.4M
$234.9M
Q2 25
$16.7M
$191.9M
Q1 25
$30.9M
$238.8M
Q4 24
$17.6M
$257.7M
Q3 24
$15.1M
$349.4M
Q2 24
$13.5M
$252.8M
Q1 24
$28.8M
Total Debt
NEN
NEN
RBB
RBB
Q4 25
$531.0M
$119.9M
Q3 25
$514.2M
$119.8M
Q2 25
$514.3M
$119.7M
Q1 25
$407.8M
$119.6M
Q4 24
$408.6M
$119.5M
Q3 24
$409.3M
$119.4M
Q2 24
$410.0M
$119.3M
Q1 24
$410.7M
$119.2M
Stockholders' Equity
NEN
NEN
RBB
RBB
Q4 25
$523.4M
Q3 25
$514.3M
Q2 25
$517.7M
Q1 25
$510.3M
Q4 24
$507.9M
Q3 24
$509.7M
Q2 24
$511.3M
Q1 24
$514.0M
Total Assets
NEN
NEN
RBB
RBB
Q4 25
$505.3M
$4.2B
Q3 25
$492.9M
$4.2B
Q2 25
$494.8M
$4.1B
Q1 25
$385.2M
$4.0B
Q4 24
$393.5M
$4.0B
Q3 24
$387.4M
$4.0B
Q2 24
$383.7M
$3.9B
Q1 24
$381.2M
$3.9B
Debt / Equity
NEN
NEN
RBB
RBB
Q4 25
0.23×
Q3 25
0.23×
Q2 25
0.23×
Q1 25
0.23×
Q4 24
0.24×
Q3 24
0.23×
Q2 24
0.23×
Q1 24
0.23×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NEN
NEN
RBB
RBB
Operating Cash FlowLast quarter
$27.7M
$43.4M
Free Cash FlowOCF − Capex
$42.6M
FCF MarginFCF / Revenue
131.8%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
4.26×
TTM Free Cash FlowTrailing 4 quarters
$73.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NEN
NEN
RBB
RBB
Q4 25
$27.7M
$43.4M
Q3 25
$2.3M
$2.1M
Q2 25
$12.5M
$21.7M
Q1 25
$5.5M
$7.8M
Q4 24
$31.9M
$58.5M
Q3 24
$8.5M
$24.5M
Q2 24
$5.4M
$11.7M
Q1 24
$6.1M
$4.8M
Free Cash Flow
NEN
NEN
RBB
RBB
Q4 25
$42.6M
Q3 25
$1.8M
Q2 25
$21.6M
Q1 25
$7.6M
Q4 24
$57.7M
Q3 24
$24.2M
Q2 24
$11.5M
Q1 24
$4.7M
FCF Margin
NEN
NEN
RBB
RBB
Q4 25
131.8%
Q3 25
5.4%
Q2 25
60.2%
Q1 25
26.7%
Q4 24
201.0%
Q3 24
80.0%
Q2 24
42.0%
Q1 24
16.6%
Capex Intensity
NEN
NEN
RBB
RBB
Q4 25
2.5%
Q3 25
1.1%
Q2 25
0.3%
Q1 25
0.6%
Q4 24
2.7%
Q3 24
0.8%
Q2 24
0.5%
Q1 24
0.5%
Cash Conversion
NEN
NEN
RBB
RBB
Q4 25
4.26×
Q3 25
0.21×
Q2 25
3.02×
2.32×
Q1 25
1.44×
3.39×
Q4 24
7.57×
13.34×
Q3 24
2.17×
3.50×
Q2 24
1.32×
1.61×
Q1 24
1.77×
0.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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