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Red River Bancshares Inc   (RRBI)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $51.3700 $-0.61 -1.174%
Day's High: $51.99 Week Perf: 2.31 %
Day's Low: $ 51.37 30 Day Perf: -2.69 %
Volume (M): 5 52 Wk High: $ 58.00
Volume (M$): $ 267 52 Wk Avg: $50.01
Open: $51.84 52 Wk Low: $42.78



 Market Capitalization (Millions $) 354
 Shares Outstanding (Millions) 7
 Employees 318
 Revenues (TTM) (Millions $) 106
 Net Income (TTM) (Millions $) 32
 Cash Flow (TTM) (Millions $) -9
 Capital Exp. (TTM) (Millions $) 5

Red River Bancshares Inc
Red River Bancshares Inc. is a rapidly-growing bank holding company headquartered in Alexandria, Louisiana. The company was founded in 1998 and became a publicly-traded company in 2017 when it completed its initial public offering. Since then, Red River Bancshares has enjoyed impressive growth, expanding its reach throughout Louisiana and into Texas.

Red River Bancshares Inc. has a simple mission -- to be the most trusted financial partner for businesses and consumers in its market. This mission is reflected in the company's tagline: "Bank with Confidence." Red River Bancshares seeks to achieve this mission by offering personalized banking services, innovative technologies, and a strong commitment to building lasting relationships with its customers.

One of the key strengths of Red River Bancshares is its focus on customer service. The company prioritizes building strong relationships with its customers, and it invests heavily in its employees to ensure they have the expertise and knowledge necessary to meet customer needs. This focus on customer service has been instrumental in helping Red River Bancshares retain and grow its customer base.

In addition to its commitment to customer service, Red River Bancshares also emphasizes technological innovation. The company has developed a suite of cutting-edge digital banking platforms and tools, including mobile banking, online account opening, and remote deposit capture. These technologies allow customers to manage their finances easily and conveniently, and they help Red River Bancshares to provide a modern, efficient banking experience.

Red River Bancshares Inc. has grown rapidly in recent years, through a combination of organic growth and strategic acquisitions. The company operates 30 banking centers throughout Louisiana and Texas, and it has more than 400 employees. Red River Bancshares has a market capitalization of approximately $500 million, and it is listed on the NASDAQ stock exchange under the ticker symbol "RRBI."

Overall, Red River Bancshares Inc. is a dynamic and rapidly-growing bank holding company that is committed to providing exceptional banking services to businesses and consumers in Louisiana and Texas. With a strong focus on customer service, innovative technology, and strategic growth, Red River Bancshares is well-positioned to continue its growth and success in the years ahead.


   Company Address: 1412 Centre Court Drive Alexandria 71301 LA
   Company Phone Number: 561-4000   Stock Exchange / Ticker: NASDAQ RRBI


   

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Red River Bancshares Inc

Red River Bancshares Inc Reports Disappointing Revenue Drop as Financial Landscape Shifts Ahead of Q2 2024


Red River Bancshares Inc. Faces Challenges Despite Stock Repurchase Move
ALEXANDRIA, La. ? Red River Bancshares, Inc. (NASDAQ: RRBI) has recently found itself navigating turbulent waters after announcing disappointing financial results for the second quarter of 2024. With earnings per share (EPS) deteriorating by 7.2% year-on-year, falling from $1.25 to $1.16, and revenue declining by 1.22% to $26.89 million, the bank's performance starkly contrasts with the overall health of the regional banking sector, which experienced a revenue growth of 5.36% compared to Q2 of the previous year.
The decline marks a worrying trend not only for Red River but also for its shareholders, who have seen the company struggle amidst a backdrop of otherwise stable market conditions. Earnings, reported at $7.987 million, fell by 10.94% from last year's $8.968 million. Additionally, margins took a hit: the operating margin dropped to 37.92%, down from 40.73%, and net margins shrank to 29.71%, signaling increasing pressures on profitability.

Shares

Red River Bancshares, Inc. Enhances Shareholder Value Through Private Stock Repurchase and Program Amendment,

Published Thu, Aug 8 2024 8:30 PM UTC

Red River Bancshares, Inc. Announces Private Stock Repurchase and Amendment of Repurchase Program
On August 8, 2024, Red River Bancshares, Inc. (Nasdaq: RRBI) made a significant announcement regarding the repurchase of 60,000 shares of its common stock in a privately-negotiated transaction for $3.0 million. This transaction represents a strategic move to increase shareho...

Dividend

Red River Bancshares, Inc. (Nasdaq: RRBI) Declares Quarterly Cash Dividend Amidst Strong Stock Performance

Published Thu, Jul 25 2024 8:30 PM UTC

Red River Bancshares, Inc. (Nasdaq: RRBI) announced a quarterly cash dividend of $0.09 per share of common stock, payable on September 19, 2024, to shareholders of record as of September 9, 2024. Over the past 30 days, RRBI shares have improved by 12.9% and increased by 3.37% in the past week, trending higher and approaching its 52-week high.
As the Red River Bancshares,...

Dividend

Red River Bancshares Declares Quarterly Cash Dividend, Reinforcing Commitment to Shareholders

Published Thu, May 23 2024 8:30 PM UTC



Red River Bancshares, Inc. (Nasdaq: RRBI) has recently announced its declaration of a quarterly cash dividend, signaling the company's commitment to its shareholders. The dividend, amounting to $0.09 per share of common stock, will be disbursed on June 20, 2024, to shareholders of record as of June 10, 2024. This move highlights Red River Bancshares' ongoing dedica...

Red River Bancshares Inc

Red River Bancshares Inc Sees Slight Decline in Top-line Revenue for First Quarter of 2024

Red River Bancshares Inc, a leading financial institution, recently reported its financial performance for the period ending March 31, 2024, revealing some concerning numbers. The company saw a decrease in income by -12.78% to $1.16 per share and a decrease in revenue by -3.516% to $26.29 million year on year. This decline in financial metrics raised concerns among investors, resulting in a -6.24% decrease in the company's stock over the last month.
Furthermore, the bottom-line of $8.188 million for the financial period ending March 31, 2024, fell by -14.69% from the corresponding period a year before. The company's profitability was also impacted, as operating margin fell to 39.63% and net margin shrank to 31.14%. Operating earnings decreased by -11.42% to $10.418 million, further squeezing the company's operating margin.







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