Red River Bancshares, Inc. (RRBI)

NASDAQ: RRBI · IEX Real-Time Price · USD
56.99
+3.14 (5.83%)
Jun 24, 2022 4:00 PM EDT - Market closed
5.83%
Market Cap 408.98M
Revenue (ttm) 94.38M
Net Income (ttm) 32.28M
Shares Out 7.18M
EPS (ttm) 4.44
PE Ratio 12.84
Forward PE 12.82
Dividend $0.28 (0.49%)
Ex-Dividend Date Jun 10, 2022
Volume 25,187
Open 53.06
Previous Close 53.85
Day's Range 53.06 - 57.15
52-Week Range 46.93 - 57.73
Beta 0.76
Analysts Buy
Price Target 68.34 (+19.9%)
Earnings Date Aug 4, 2022

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. The company provides various deposit products, including checking, saving, money market accounts, and time deposits. It 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; small business administration paycheck protection program loans; tax-exempt lo... [Read more...]

Industry Banks
IPO Date May 3, 2019
Employees 355
Stock Exchange NASDAQ
Ticker Symbol RRBI
Full Company Profile

Financial Performance

In 2021, RRBI's revenue was $94.32 million, an increase of 9.83% compared to the previous year's $85.87 million. Earnings were $32.95 million, an increase of 17.08%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for RRBI stock is "Buy." The 12-month stock price forecast is 68.34, which is an increase of 19.92% from the latest price.

Price Target
$68.34
(19.92% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Red River Bancshares (RRBI) Stock Jumps 7.6%: Will It Continue to Soar?

Red River Bancshares (RRBI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength d...

Red River Bank Holds Ribbon Cutting for Lafayette, Louisiana, Banking Center

ALEXANDRIA, La., June 08, 2022 (GLOBE NEWSWIRE) -- Red River Bank hosted a ribbon-cutting ceremony for its first full-service banking center in the Acadiana market on June 7, 2022. Located at 1911 West ...

Red River Bancshares, Inc. Announces Quarterly Cash Dividend

ALEXANDRIA, La., May 26, 2022 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that on May 26, 2022, its board of directors declared a quarterly cash dividen...

Red River Bancshares (RRBI) Surpasses Q1 Earnings Estimates

Red River Bancshares (RRBI) delivered earnings and revenue surprises of 3% and 3.59%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Red River Bancshares, Inc. Reports First Quarter 2022 Financial Results

ALEXANDRIA, La., April 29, 2022 (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) Upgraded to Strong Buy: Here's Why

Red River Bancshares (RRBI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Red River Bank Announces Locations of Planned Banking Centers in New Orleans, Louisiana

ALEXANDRIA, La., March 16, 2022 (GLOBE NEWSWIRE) -- Red River Bank recently secured two properties in the Greater New Orleans area to further its expansion into the New Orleans market. On March 14, 2022...

Red River Bancshares, Inc. Announces Changes to its Board of Directors

ALEXANDRIA, La., Feb. 24, 2022 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that its Chair Emeritus and a founding director, John C. Simpson, will retire...

Red River Bancshares, Inc. Announces Renewal of Stock Repurchase Program

ALEXANDRIA, La., Feb. 04, 2022 (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...

Analysts Estimate Red River Bancshares (RRBI) to Report a Decline in Earnings: What to Look Out for

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 Bancshares (RRBI) Q4 Earnings and Revenues Top Estimates

Red River Bancshares (RRBI) delivered earnings and revenue surprises of 20.62% and 3.11%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Red River Bancshares, Inc. Reports Fourth Quarter and Year-End 2021 Financial Results

ALEXANDRIA, La., Jan. 28, 2022 (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 Bank Opens Newest Banking Center in Lafayette, Louisiana

ALEXANDRIA, La., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Red River Bank opened its newest full-service banking center on January 26, 2022, at 1911 West Pinhook Road, Lafayette, Louisiana. This is Red River Ba...

Red River Bancshares, Inc. Mourns Death of Longtime Board Member Barry D. Hines

ALEXANDRIA, La., Dec. 28, 2021 (GLOBE NEWSWIRE) -- It is with great sadness that we announce the passing of Barry D. Hines, director of Red River Bank and its parent company, Red River Bancshares, Inc. ...

Red River Bank Enters New Orleans, Louisiana, Market with Combined Loan and Deposit Production Office

ALEXANDRIA, La., Dec. 14, 2021 (GLOBE NEWSWIRE) -- Red River Bank has entered the New Orleans, Louisiana market with the December 6, 2021 opening of a combined loan and deposit production office (LPO/DP...

Red River Bank Holds Ribbon Cutting for Lake Charles, Louisiana, Banking Center

ALEXANDRIA, La., Nov. 05, 2021 (GLOBE NEWSWIRE) -- Red River Bank hosted a ribbon-cutting ceremony for its newest full-service banking center on November 4, 2021, at 1855 Country Club Road in Lake Charl...

Red River Bancshares (RRBI) Tops Q3 Earnings and Revenue Estimates

Red River Bancshares (RRBI) delivered earnings and revenue surprises of 14.29% and 1.37%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Red River Bancshares, Inc. Reports Third Quarter 2021 Financial Results

ALEXANDRIA, La., Oct. 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...

Earnings Preview: Red River Bancshares (RRBI) Q3 Earnings Expected to Decline

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 Bancshares (RRBI) Moves 5.9% Higher: Will This Strength Last?

Red River Bancshares (RRBI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength d...

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 (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...