Red River Bancshares, Inc. (RRBI)
| 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]
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 StatementsAnalyst Forecast
According to one analyst, the rating for RRBI stock is "Buy" and the 12-month stock price forecast is $68.0.
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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/...
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...
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...
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...
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...
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...
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...
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...
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...
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...