Red River Bancshares, Inc. (RRBI)

NASDAQ: RRBI · IEX Real-Time Price · USD
47.99
+0.38 (0.80%)
May 9, 2024, 4:00 PM EDT - Market closed
0.80%
Market Cap 340.37M
Revenue (ttm) 106.82M
Net Income (ttm) 34.88M
Shares Out 7.09M
EPS (ttm) 4.86
PE Ratio 9.87
Forward PE 10.34
Dividend $0.36 (0.75%)
Ex-Dividend Date Mar 8, 2024
Volume 5,579
Open 47.50
Previous Close 47.61
Day's Range 47.01 - 47.99
52-Week Range 44.00 - 58.00
Beta 0.61
Analysts Buy
Price Target 55.00 (+14.61%)
Earnings Date Apr 25, 2024

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 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 loans; ... [Read more]

Sector Financials
IPO Date May 3, 2019
Employees 358
Stock Exchange NASDAQ
Ticker Symbol RRBI
Full Company Profile

Financial Performance

In 2023, RRBI's revenue was $106.82 million, an increase of 3.07% compared to the previous year's $103.64 million. Earnings were $34.88 million, a decrease of -5.52%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for RRBI stock is "Buy" and the 12-month stock price forecast is $55.0.

Price Target
$55.0
(14.61% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Red River Bancshares, Inc. Grieves Loss of Director Robert A. Nichols

ALEXANDRIA, La., May 09, 2024 (GLOBE NEWSWIRE) -- It is with great sadness that we announce the passing of Robert A. Nichols, director of Red River Bank and Red River Bancshares, Inc. (Nasdaq: RRBI), ...

19 hours ago - GlobeNewsWire

Red River Bancshares, Inc. Reports First Quarter 2024 Financial Results

ALEXANDRIA, La., April 25, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (the “Company”) (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its unaudited financ...

14 days ago - GlobeNewsWire

Red River Bancshares, Inc. Announces Increased Quarterly Cash Dividend

ALEXANDRIA, La., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that on February 22, 2024, its board of directors declared a cash dividend ...

2 months ago - GlobeNewsWire

Red River Bancshares, Inc. Reports Fourth Quarter and Year-End 2023 Financial Results

ALEXANDRIA, La., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (the “Company”) (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its financial results...

3 months ago - GlobeNewsWire

Red River Bancshares, Inc. Board of Directors Elects Michael J. Brown as New Director

ALEXANDRIA, La., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that Michael J. Brown, CFA, has been appointed as a new director to the boa...

3 months ago - GlobeNewsWire

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

ALEXANDRIA, La., Dec. 14, 2023 (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...

5 months ago - GlobeNewsWire

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

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

6 months ago - GlobeNewsWire

Red River Bancshares, Inc. Announces Quarterly Cash Dividend

ALEXANDRIA, La., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that on October 26, 2023, its board of directors declared a quarterly cash ...

7 months ago - GlobeNewsWire

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

ALEXANDRIA, La., July 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 financi...

10 months ago - GlobeNewsWire

Red River Bancshares, Inc. Announces Quarterly Cash Dividend

ALEXANDRIA, La., July 27, 2023 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that on July 27, 2023, its board of directors declared a quarterly cash div...

10 months 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 year 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 ...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

2 years 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...

2 years 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...

2 years 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...

2 years 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...

2 years 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 ...

2 years 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...

2 years 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/...

2 years 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...

2 years ago - GlobeNewsWire