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Red River Bancshares Inc (NASDAQ: RRBI) |
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Red River Bancshares Inc 's Tangible Leverage Ratio
RRBI's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth
Despite a net increase in borrowing by 1.26%, Red River Bancshares Inc managed to enhance Tangible Leverage Ratio in the third quarter 2024 to 17.16, surpassing the average for Red River Bancshares Inc 's Tangible Leverage Ratio.
Within Regional Banks industry in the third quarter 2024, 101 other companies have achieved lower Tangible Leverage Ratio than Red River Bancshares Inc in the Q3 2024. While Tangible Leverage Ratio total ranking has deteriorated compared to the second quarter 2024 from 2970 to 3157 .
Explain Tangible Leverage Ratio?
What is RRBI Market Share?
What are RRBI´s Total Liabilities?
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Select the Comparisons :
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Select the Ratio:
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Tangible Leverage Ratio ▼
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Tangible Leverage Ratio ▼
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| RRBI Tangible Leverage Ratio |
(Sep 30 2024)
Q3 |
(Jun 30 2024)
Q2 |
(Mar 31 2024)
Q1 |
(Dec 31 2023)
Q4 |
(Sep 30 2023)
Q3 |
| Y / Y Tangible Equity Change |
15.11 % |
8.38 % |
8.24 % |
14.42 % |
15.93 % |
| Y / Y Total Liabilities Change |
-0.32 % |
0.95 % |
0.63 % |
0.18 % |
-1.23 % |
| Tangible Leverage Ratio MRQ |
17.16 |
17.91 |
18.59 |
18.65 |
19.82 |
| RRBI's Total
Ranking |
# 3157 |
# 2970 |
# 2849 |
# 2480 |
# 3214 |
| Seq. Tangible Equity Change |
5.67 % |
2.58 % |
-1.5 % |
7.81 % |
-0.5 % |
| Seq. Total Liabilities Change |
1.26 % |
-1.17 % |
-1.82 % |
1.45 % |
2.55 % |
| Tangible Leverage Ratio third quarter 2024 Company Ranking |
| Within: |
No. |
| Regional Banks Industry |
# 102 |
| Financial Sector |
# 595 |
| Overall Market |
# 3157 |
| Tangible Leverage Ratio Statistics |
| High |
Average |
Low |
| 23.12 |
12.77 |
6.59 |
| (Sep 30 2022) |
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(Mar 31 2020) |
Cumulative Red River Bancshares Inc 's Tangible Leverage Ratio
RRBI's Tangible Leverage Ratio for the trailling 12 Months
RRBI Tangible Leverage Ratio |
(Sep 30 2024)
12 Months |
(Jun 30 2024)
12 Months |
(Mar 31 2024)
12 Months |
(Dec 31 2023)
12 Months |
(Sep 30 2023)
12 Months |
| Y / Y Tangible Equity TTM Growth |
15.11 % |
8.38 % |
8.24 % |
14.42 % |
15.93 % |
| Y / Y Total Liabilities TTM Growth |
-0.32 % |
0.95 % |
0.63 % |
0.18 % |
-1.23 % |
| Tangible Leverage Ratio TTM |
18.06 |
18.72 |
19.06 |
19.41 |
20.07 |
| Total
Ranking TTM |
# 98
| # 124
| # 43
| # 3097
| # 162
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| Seq. Tangible Equity TTM Growth |
5.67 % |
2.58 % |
-1.5 % |
7.81 % |
-0.5 % |
| Seq. Total Liabilities TTM Growth |
1.26 % |
-1.17 % |
-1.82 % |
1.45 % |
2.55 % |
On the trailing twelve months basis Despite of the net new borrowing of 1.26% during the twelve months period ending in Q3 2024 Red River Bancshares Inc has managed to decrease Tangible Leverage Ratio in the Q3 2024 to 18.06, above the RRBI's average Tangible Leverage Ratio. Tangible Leverage Ratio is the average cumulative value over the last four quarters.
Among companies in the Regional Banks industry 101, during the past 12 months, other companies have achieved lower Tangible Leverage Ratio than Red River Bancshares Inc . While Tangible Leverage Ratio total ranking has improved so far to 98, from total ranking in previous 12 month period at 124.
Explain Tangible Leverage Ratio?
What is RRBI Market Share?
What are RRBI´s Total Liabilities?
| TTM Tangible Leverage Ratio Company Ranking |
| Within: |
No. |
| Within the Regional Banks Industry |
# 102 |
| Financial Sector |
# 595 |
| Within the Market |
# 98 |
| trailing twelve months Tangible Leverage Ratio Statistics |
| High |
Average |
Low |
| 23.12 |
12.77 |
6.59 | | (Sep 30 2022) |
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(Mar 31 2020) |
| Companies with similar Tangible Leverage Ratio in the quarter ending Sep 30 2024, within Regional Banks Industry | Tangible Leverage Ratio | Sep 30 2024 MRQ Total Liabilities | Sep 30 2024 MRQ Tangible Equity | | Juniata Valley Financial Corp | 44.17 | $ 1,610.049 Millions | $ 36.451 Millions | | Farmers National Banc Corp | 37.57 | $ 9,443.662 Millions | $ 251.338 Millions | | Union Bankshares Inc | 36.24 | $ 2,620.456 Millions | $ 72.301 Millions | | Uwharrie Capital Corp | 36.15 | $ 2,209.823 Millions | $ 61.121 Millions | | Glen Burnie Bancorp | 32.80 | $ 694.069 Millions | $ 21.160 Millions | | Homestreet Inc | 32.23 | $ 17,100.901 Millions | $ 530.549 Millions | | Qnb Corp | 32.18 | $ 3,390.163 Millions | $ 105.340 Millions | | The Bank Of New York Mellon Corporation | 31.20 | $ 721,370.000 Millions | $ 23,121.000 Millions | | River Financial Corporation | 30.97 | $ 6,331.461 Millions | $ 204.416 Millions | | Bank Of The James Financial Group Inc | 30.84 | $ 1,847.597 Millions | $ 59.915 Millions | | West Bancorporation Inc | 30.03 | $ 7,067.612 Millions | $ 235.353 Millions | | Ewsb Bancorp inc | 29.10 | $ 478.464 Millions | $ 16.444 Millions | | Skyline Bankshares Inc | 28.75 | $ 2,204.763 Millions | $ 76.692 Millions | | F and m Bank Corp | 28.71 | $ 2,494.854 Millions | $ 86.912 Millions | | Farmers And Merchants Bancshares Inc | 28.61 | $ 1,491.580 Millions | $ 52.134 Millions | | Eagle Financial Services Inc | 28.09 | $ 3,310.037 Millions | $ 117.844 Millions | | Embassy Bancorp Inc | 27.62 | $ 3,162.224 Millions | $ 114.494 Millions | | Civista Bancshares Inc | 27.57 | $ 7,185.960 Millions | $ 260.609 Millions | | First Community Corporation | 27.42 | $ 3,514.889 Millions | $ 128.189 Millions | | Washington Trust Bancorp Inc | 27.14 | $ 11,811.232 Millions | $ 435.231 Millions | | Bank Of Nova Scotia | 27.02 | $ 1,740,198.800 Millions | $ 64,402.216 Millions | | First Internet Bancorp | 26.95 | $ 10,253.381 Millions | $ 380.442 Millions | | Eagle Bancorp Montana Inc | 26.47 | $ 3,656.488 Millions | $ 138.156 Millions | | Franklin Financial Services Corporation | 26.43 | $ 3,724.926 Millions | $ 140.912 Millions | | Popular Inc | 26.14 | $ 130,146.744 Millions | $ 4,978.555 Millions | | Chemung Financial Corp | 25.39 | $ 5,047.545 Millions | $ 198.830 Millions | | Linkbancorp Inc | 25.33 | $ 4,975.240 Millions | $ 196.429 Millions | | Midwestone Financial Group Inc | 25.26 | $ 11,769.601 Millions | $ 465.981 Millions | | First Hawaiian Inc | 25.18 | $ 41,609.953 Millions | $ 1,652.542 Millions | | Choiceone Financial Services Inc | 25.12 | $ 4,686.485 Millions | $ 186.550 Millions |
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