Red River Bancshares, Inc. (RRBI)

NASDAQ: RRBI · IEX Real-Time Price · USD
51.65
+2.30 (4.66%)
May 26, 2023, 4:30 PM EDT - Market closed
4.66%
Market Cap 371.21M
Revenue (ttm) 107.91M
Net Income (ttm) 39.12M
Shares Out 7.19M
EPS (ttm) 5.44
PE Ratio 9.49
Forward PE 10.38
Dividend $0.29 (0.56%)
Ex-Dividend Date Mar 10, 2023
Volume 2,681
Open 49.30
Previous Close 49.35
Day's Range 48.87 - 51.32
52-Week Range 43.50 - 60.57
Beta 0.59
Analysts Buy
Price Target 68.00 (+31.66%)
Earnings Date Apr 28, 2023

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]

Sector Financials
IPO Date May 3, 2019
Employees 352
Stock Exchange NASDAQ
Ticker Symbol RRBI
Full Company Profile

Financial Performance

In 2022, RRBI's revenue was $103.64 million, an increase of 9.88% compared to the previous year's $94.32 million. Earnings were $36.92 million, an increase of 12.03%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for RRBI stock is "Buy" and the 12-month stock price forecast is $68.0.

Price Target
$68.0
(31.66% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Red River Bancshares, Inc. Announces Quarterly Cash Dividend

ALEXANDRIA, La., May 25, 2023 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that on May 25, 2023, its board of directors declared a quarterly cash divid...

4 days ago - GlobeNewsWire

Red River Bancshares, Inc. Reports First Quarter 2023 Financial Results

ALEXANDRIA, La., April 28, 2023 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (the “Company”) (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its unaudited financ...

1 month ago - GlobeNewsWire

Red River Bancshares, Inc. Announces Increased Quarterly Cash Dividend

ALEXANDRIA, La., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that on February 23, 2023, its board of directors declared a cash dividend ...

3 months ago - GlobeNewsWire

Red River Bancshares, Inc. Reports Fourth Quarter and Year-End 2022 Financial Results

ALEXANDRIA, La., Jan. 30, 2023 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (the “Company”) (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its financial results...

4 months ago - GlobeNewsWire

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

ALEXANDRIA, La., Nov. 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 pr...

7 months ago - GlobeNewsWire

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

ALEXANDRIA, La., Oct. 28, 2022 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (the “Company”) (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its unaudited financi...

7 months ago - GlobeNewsWire

Red River Bank Opens First New Orleans, Louisiana, Banking Center

ALEXANDRIA, La., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Red River Bank (“the Bank”) opened its newest banking center today at 700 Baronne Street, New Orleans, Louisiana. This is Red River Bank's first full...

10 months ago - GlobeNewsWire

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

ALEXANDRIA, La., July 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 financi...

10 months ago - GlobeNewsWire

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 Wes...

1 year ago - GlobeNewsWire

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 financ...

1 year ago - GlobeNewsWire

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, 20...

1 year ago - GlobeNewsWire

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 reti...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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/...

1 year ago - GlobeNewsWire

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 Cha...

1 year ago - GlobeNewsWire

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 financi...

1 year ago - GlobeNewsWire

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 th...

1 year ago - GlobeNewsWire

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 pre...

1 year ago - GlobeNewsWire

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 financi...

1 year ago - GlobeNewsWire

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...

2 years ago - GlobeNewsWire

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, Lo...

2 years ago - GlobeNewsWire

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 p...

Other symbols: FBMSSAL
2 years ago - GuruFocus

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 financ...

2 years ago - GlobeNewsWire