What is ROE for Red River Bancshares Inc in the third quarter 2024?
Red River Bancshares Inc achieved a return on average equity (ROE) of
10.76 % in its third quarter 2024, which is below Red River Bancshares Inc 's average return on equity, which stands at 11.73%.
ROE fell compared to the second quarter 2024, despite the net income growth of 9.6% from the second quarter 2024.
Within the
Regional Banks industry 56 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the second quarter 2024 from
991 to
1156.
What is ROE?