Red River Bancshares, Inc. (RRBI)
| Market Cap | 367.39M |
| Revenue (ttm) | 90.72M |
| Net Income (ttm) | 30.85M |
| Shares Out | 7.31M |
| EPS (ttm) | 4.20 |
| PE Ratio | 12.02 |
| Forward PE | 12.21 |
| Dividend | $0.26 (0.51%) |
| Ex-Dividend Date | Sep 10, 2021 |
| Volume | 25,335 |
| Open | 49.00 |
| Previous Close | 47.67 |
| Day's Range | 49.00 - 51.19 |
| 52-Week Range | 40.77 - 64.89 |
| Beta | 0.97 |
| Analysts | Strong Buy |
| Price Target | 61.00 (+20.8%) |
| Est. Earnings Date | Oct 28, 2021 |
About RRBI
Red River Bancshares, Inc. operates as a bank holding company for Red River Bank that provides banking products and services to commercial and retail customers in Louisiana. It provides various deposit products, including checking, saving, money market accounts, and time deposits. The company also offers commercial real estate loans; one-to-four family mortgage loans and home equity lines of credit; construction and development loans; commercial and industrial loans; tax-exempt loans; small business administration paycheck protection program lo...
Financial Performance
In 2020, RRBI's revenue was $85.87 million, an increase of 10.38% compared to the previous year's $77.80 million. Earnings were $28.15 million, an increase of 13.38%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for RRBI stock is "Strong Buy." The 12-month stock price forecast is 61.00, which is an increase of 20.82% from the latest price.
News
Red River Bank's Banking Centers Open in Areas Impacted by Hurricane Ida
ALEXANDRIA, La., Sept. 03, 2021 (GLOBE NEWSWIRE) -- All Red River Bank banking centers impacted by Hurricane Ida have resumed full operations as of today, Friday, September 3, 2021, five days after the ...
Red River (RRBI) Announces $5M Stock Repurchase Program
Red River's (RRBI) new $5-milion stock repurchase program replaces the $3-million one that expired on Aug 27, 2021.
Red River Bank Announces Planned Expansion into New Orleans, Louisiana; Hires Meghan Donelon as Market President
ALEXANDRIA, La., Aug. 31, 2021 (GLOBE NEWSWIRE) -- Red River Bank has announced its planned expansion into the New Orleans, Louisiana, market and has hired Meghan Donelon as its New Orleans market presi...
Red River Bancshares, Inc. Announces Renewal of Stock Repurchase Program
ALEXANDRIA, La., Aug. 31, 2021 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that its board of directors approved the renewal of its stock repurchase prog...
Red River Bancshares, Inc. Announces Quarterly Cash Dividend
ALEXANDRIA, La., Aug. 26, 2021 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that on August 26, 2021, its board of directors declared a quarterly cash div...
Red River Bancshares (RRBI) Q2 Earnings and Revenues Beat Estimates
Red River Bancshares (RRBI) delivered earnings and revenue surprises of 18.95% and 3.14%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Red River Bancshares, Inc. Reports Second Quarter 2021 Financial Results
ALEXANDRIA, La., July 29, 2021 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (the “Company”) (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its unaudited financial...
Red River Bancshares (RRBI) Earnings Expected to Grow: Should You Buy?
Red River Bancshares (RRBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Red River Bank Opens Newest Banking Center in Lake Charles, Louisiana
ALEXANDRIA, La., July 14, 2021 (GLOBE NEWSWIRE) -- Red River Bank opened its newest full-service banking center on July 6, 2021, at 1855 Country Club Road in Lake Charles, Louisiana. This is Red River B...
Red River Bancshares (RRBI) Moves to Strong Buy: Rationale Behind the Upgrade
Red River Bancshares (RRBI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Red River Bank Expands Acadiana Team
ALEXANDRIA, La., June 16, 2021 (GLOBE NEWSWIRE) -- Jason Blalock has joined Red River Bank as vice president and private banking relationship manager in the Acadiana market. A native of Alexandria, Loui...
Red River Bancshares, Inc. Announces Quarterly Cash Dividend
ALEXANDRIA, La., May 27, 2021 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that on May 27, 2021, its board of directors declared a quarterly cash dividen...
3 Graham-Style Bank Stocks for the Value Investor
One method to enhance the effectiveness of your search for value opportunities is to screen the market for stocks whose "Graham blended multiplier" is less than 22.5. Created by Benjamin Graham, the pio...
Red River Bancshares (RRBI) Q1 Earnings Surpass Estimates
Red River Bancshares (RRBI) delivered earnings and revenue surprises of 19.57% and -1.11%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Red River Bancshares, Inc. Reports First Quarter 2021 Financial Results
ALEXANDRIA, La., April 29, 2021 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (the “Company”) (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its unaudited financia...
Red River Bancshares (RRBI) to Report Q1 Results: What to Expect
Red River Bancshares (RRBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Bridges Hall Transitions to Credit Policy Officer; Jennifer Elliott Named Northwest Market President
ALEXANDRIA, La., March 15, 2021 (GLOBE NEWSWIRE) -- Red River Bank announces the following organizational changes affecting the Northwest Louisiana market, which includes the Shreveport-Bossier City met...
John C. Simpson Transitions to Chairman Emeritus; Red River Bancshares, Inc. Board of Directors Elects Teddy R. Price...
ALEXANDRIA, La., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that its founding director John C. Simpson has decided to transition from his...
Red River Bancshares (RRBI) Q4 Earnings and Revenues Beat Estimates
Red River Bancshares (RRBI) delivered earnings and revenue surprises of 10.00% and 7.41%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Red River Bancshares, Inc. Reports Fourth Quarter and Year-End 2020 Financial Results
ALEXANDRIA, La., Jan. 29, 2021 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (the “Company”) (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its financial results f...
Red River Bancshares, Inc. Mourns Passing of Longtime Board Member F. William Hackmeyer, Jr.
ALEXANDRIA, La., Jan. 05, 2021 (GLOBE NEWSWIRE) -- It is with deep sadness that we announce the passing of F. William Hackmeyer, Jr., director of Red River Bancshares, Inc. (Nasdaq: RRBI), the parent co...