Red River Bancshares Q2 2024 Earnings Report

Red River Bancshares EPS Results

• Actual EPS: $1.16
• Consensus EPS: $1.12
• Beat/Miss: Beat by +$0.04
• One Year Ago EPS: N/A

Red River Bancshares Revenue Results

• Actual Revenue: $26.89 million
• Expected Revenue: $26.68 million
• Beat/Miss: Beat by +$210.00 thousand
• YoY Revenue Growth: N/A

Red River Bancshares Announcement Details

• Quarter: Q2 2024
• Date: 7/26/2024
• Time: N/A
• Conference Call Date: Friday, July 26, 2024
• Conference Call Time: 8:30AM ET

Red River Bancshares (NASDAQ:RRBI) is a bank holding company headquartered in Alexandria, Louisiana, operating through its principal subsidiary, Red River Bank. Established in 1998, the company provides a full range of commercial banking services designed to meet the needs of individuals, small to mid-size businesses, and nonprofit organizations. Red River Bank has built its reputation on personalized customer service and a commitment to supporting economic growth within its service area.

The company’s core offerings include commercial and industrial lending, real estate financing, consumer and residential mortgage loans, and deposit products such as checking, savings, money market accounts and certificates of deposit. In addition, Red River Bancshares offers treasury management and merchant services tailored to streamline cash flow, facilitate electronic payments and improve operational efficiency for its business clients. Digital banking capabilities, including online and mobile platforms, enable customers to access account information, transfer funds and manage finances securely around the clock.

Beyond traditional banking, Red River Bancshares provides wealth management and trust services through a dedicated group of financial advisors who assist clients with investment planning, retirement strategies and estate administration. The company also offers insurance products covering property and casualty, life and health, as well as group benefits for commercial clients. These ancillary services allow Red River Bancshares to deliver comprehensive financial solutions under one roof.

With a network of branches and loan production offices across central and northern Louisiana and eastern Texas, Red River Bancshares is positioned to serve a diverse mix of rural and urban communities. The company is listed on the Nasdaq under the ticker symbol RRBI and continues to pursue measured growth through organic expansion and strategic partnerships, emphasizing local decision-making and community engagement.