Red River Bancshares, Inc. operates as a bank holding company for Red River Bank that provides banking products and services to businesses, professionals, individuals, and public entities in Louisiana. It provides consumer checking accounts, money market accounts, and time deposits; real estate loans, commercial loans, treasury management services; and private banking services, residential mortgage lending, and investment services. The company operates a network of 23 banking centers, as well as 1 loan production office in Covington, Louisiana. Red River Bancshares, Inc. was founded in 1998 and is headquartered in Alexandria, Louisiana.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorConsumer Staples
CIKN/A
Phone318-561-5028
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees321
Next Earnings Date2/4/2020 (Estimated)
OptionableNot Optionable
Red River Bancshares (NASDAQ:RRBI) Frequently Asked Questions
What is Red River Bancshares' stock symbol?
Red River Bancshares trades on the NASDAQ under the ticker symbol "RRBI."
How were Red River Bancshares' earnings last quarter?
Red River Bancshares Inc (NASDAQ:RRBI) announced its quarterly earnings results on Tuesday, October, 29th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.84 by $0.09. The firm earned $20.58 million during the quarter, compared to analyst estimates of $20.57 million. View Red River Bancshares' Earnings History.
When is Red River Bancshares' next earnings date?
What price target have analysts set for RRBI?
2 brokers have issued 12 month target prices for Red River Bancshares' stock. Their forecasts range from $54.00 to $60.00. On average, they anticipate Red River Bancshares' share price to reach $57.00 in the next twelve months. This suggests a possible upside of 11.8% from the stock's current price. View Analyst Price Targets for Red River Bancshares.
What is the consensus analysts' recommendation for Red River Bancshares?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Red River Bancshares in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Red River Bancshares.
Has Red River Bancshares been receiving favorable news coverage?
Media coverage about RRBI stock has trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Red River Bancshares earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Red River Bancshares.
Are investors shorting Red River Bancshares?
Red River Bancshares saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 13,800 shares, an increase of 6.2% from the October 31st total of 13,000 shares. Based on an average daily trading volume, of 3,900 shares, the short-interest ratio is presently 3.5 days. Currently, 0.3% of the shares of the company are sold short. View Red River Bancshares' Current Options Chain.
Who are some of Red River Bancshares' key competitors?
Some companies that are related to Red River Bancshares include Veritex (VBTX), 1st Source (SRCE), S & T Bancorp (STBA), Lakeland Financial (LKFN), FB Financial (FBK), Southside Bancshares (SBSI), Enterprise Financial Services (EFSC), TriCo Bancshares (TCBK), First Bancorp (FBNC), OFG Bancorp (OFG), Republic Bancorp, Inc. KY (RBCAA), Carolina Financial (CARO), Boston Private Financial (BPFH), Stock Yards Bancorp (SYBT) and Triumph Bancorp (TBK).
Who are Red River Bancshares' key executives?
Red River Bancshares' management team includes the folowing people:
- Mr. R. Blake Chatelain, Pres, CEO & Director (Age 55)
- Ms. Isabel V. Carriere CPA, Exec. VP, Treasurer, Assistant Sec. & CFO (Age 52)
- Ms. Amanda Wood Barnett, Sr. VP, Gen. Counsel & Corp. Sec. (Age 55)
- Mr. Andrew B. Cutrer, Sr. VP (Age 45)
When did Red River Bancshares IPO?
(RRBI) raised $26 million in an initial public offering on Friday, May 3rd 2019. The company issued 600,000 shares at a price of $42.00-$46.00 per share. FIG Partners and Stephens served as the underwriters for the IPO.
When did the company's lock-up period expire?
Red River Bancshares' lock-up period expired on Wednesday, October 30th. Red River Bancshares had issued 600,000 shares in its IPO on May 3rd. The total size of the offering was $27,000,000 based on an initial share price of $45.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the end of the lock-up period.
Who are Red River Bancshares' major shareholders?
Red River Bancshares' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Siena Capital Partners GP LLC (0.47%) and Foundation Resource Management Inc. (0.07%). Company insiders that own Red River Bancshares stock include Andrew Blake Cutrer and Barry Dale Hines. View Institutional Ownership Trends for Red River Bancshares.
Which institutional investors are buying Red River Bancshares stock?
How do I buy shares of Red River Bancshares?
Shares of RRBI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Red River Bancshares' stock price today?
One share of RRBI stock can currently be purchased for approximately $51.00.
How big of a company is Red River Bancshares?
What is Red River Bancshares' official website?
How can I contact Red River Bancshares?
Red River Bancshares' mailing address is 1412 Centre Court Drive Suite 402, Alexandria LA, 71301. The company can be reached via phone at 318-561-5028 or via email at [email protected]
MarketBeat Community Rating for Red River Bancshares (NASDAQ RRBI)
MarketBeat's community ratings are surveys of what our community members think about Red River Bancshares and other stocks. Vote "Outperform" if you believe RRBI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RRBI will underperform the S&P 500 over the long term. You may vote once every thirty days.