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 Sales$89.69 million
Profitability
Miscellaneous
Employees321
Next Earnings Date4/29/2020 (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) released its earnings results on Wednesday, January, 29th. The company reported $0.92 EPS for the quarter, topping analysts' consensus estimates of $0.87 by $0.05. The business had revenue of $20.53 million for the quarter, compared to the consensus estimate of $20.35 million. Red River Bancshares had a net margin of 27.68% and a return on equity of 10.86%. View Red River Bancshares' Earnings History.
When is Red River Bancshares' next earnings date?
What price target have analysts set for RRBI?
2 equities research analysts have issued 1-year price targets for Red River Bancshares' shares. Their forecasts range from $56.00 to $60.00. On average, they expect Red River Bancshares' share price to reach $58.00 in the next year. This suggests a possible upside of 5.5% 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?
Press coverage about RRBI stock has been trending extremely negative recently, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Red River Bancshares earned a news impact score of -5.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Red River Bancshares.
Are investors shorting Red River Bancshares?
Red River Bancshares saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 75,200 shares, a decrease of 22.4% from the January 15th total of 96,900 shares. Based on an average daily trading volume, of 20,700 shares, the days-to-cover ratio is currently 3.6 days. Currently, 1.6% 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 Eagle Bancorp (EGBN), Veritex (VBTX), Seacoast Banking Co. of Florida (SBCF), First Busey (BUSE), S & T Bancorp (STBA), Southside Bancshares (SBSI), 1st Source (SRCE), Lakeland Financial (LKFN), Enterprise Financial Services (EFSC), TriCo Bancshares (TCBK), FB Financial (FBK), First Bancorp (FBNC), OFG Bancorp (OFG), Triumph Bancorp (TBK) and Boston Private Financial (BPFH).
What other stocks do shareholders of Red River Bancshares own?
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 (IPO) on Friday, May 3rd 2019. The company issued 600,000 shares at $42.00-$46.00 per share. FIG Partners and Stephens acted as the underwriters for the IPO.
Who are Red River Bancshares' major shareholders?
Red River Bancshares' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (0.75%), THB Asset Management (0.42%), Mendon Capital Advisors Corp (0.28%), Hubbell Strickland Wealth Management LLC (0.20%), Bank of New York Mellon Corp (0.15%) and Charles Schwab Investment Management Inc. (0.14%). 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 selling Red River Bancshares stock?
RRBI stock was sold by a variety of institutional investors in the last quarter, including Mendon Capital Advisors Corp and Foundation Resource Management Inc.. Company insiders that have sold Red River Bancshares company stock in the last year include Andrew Blake Cutrer and Barry Dale Hines. View Insider Buying and Selling for Red River Bancshares.
Which institutional investors are buying Red River Bancshares stock?
RRBI stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Hubbell Strickland Wealth Management LLC, Bank of New York Mellon Corp, Charles Schwab Investment Management Inc., UBS Group AG, Barclays PLC, Rhumbline Advisers and American International Group Inc.. View Insider Buying and Selling for Red River Bancshares.
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 $55.00.
How big of a company is Red River Bancshares?
Red River Bancshares has a market capitalization of $402.05 million and generates $89.69 million in revenue each year. The company earns $24.82 million in net income (profit) each year or $3.49 on an earnings per share basis. Red River Bancshares employs 321 workers across the globe.View Additional Information About 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.
