Red River Bancshares, Inc. (RRBI) 10-Year Financial Performance & Capital Metrics

RRBI • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingSoutheast Community Banks

AboutRed River Bancshares, Inc. operates as a bank holding company for Red River Bank that provides banking products and services to commercial and retail customers in Louisiana. The company provides various deposit products, including checking, saving, money market accounts, and time deposits. It also offers commercial real estate loans; one-to-four family mortgage loans and home equity lines of credit; construction and development loans; commercial and industrial loans; small business administration paycheck protection program loans; tax-exempt loans; consumer loans to individuals for personal, family, and household purposes, including secured and unsecured installment and term loans; home mortgage loans; and lines of credit and standby letters of credit. In addition, the company provides treasury management, private banking, and brokerage; investment advisory, financial planning, and a suite of retirement plans; debit and credit cards, direct deposits, cashier's checks, and wire transfer services; online banking services, including access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; and banking services in person, through ATMs, drive-through facilities, night deposits, telephone, mail, mobile banking, and remote deposits. It operates a network of 27 banking centers throughout Louisiana and two combined loan and deposit production offices in Lafayette and New Orleans, Louisiana. The company was incorporated in 1998 and is headquartered in Alexandria, Louisiana.Show more

Net Interest Income $89M +3.4%
Total Revenue $157M +13.0%
Net Income $34M -1.8%
Return on Equity 10.98% -10.3%
Net Interest Margin 2.83% +2.7%
Efficiency Ratio 41.63% -8.2%
ROA 1.09% -2.9%
Equity / Assets 10.15% +4.5%
Book Value per Share 46.22 +9.2%
Tangible BV/Share 46.22 +9.8%
Debt/Equity 0.01 -27.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Efficient operations: 41.6% efficiency ratio
✓Well capitalized: 10.2% equity/assets
✓Share count reduced 3.7% through buybacks
✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y12.1%

3Y15.86%

TTM-

Profit (Net Income) CAGR

10Y-

5Y6.64%

3Y1.28%

TTM22.38%

EPS CAGR

10Y-

5Y7.24%

3Y3.15%

TTM26.95%

ROCE

10Y Avg11.96%

5Y Avg13.88%

3Y Avg14.41%

Latest12.92%

Peer Comparison

Southeast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
FFINFirst Financial Bankshares, Inc.	4.68B	32.65	20.93	18.79%	30.24%	14.14%	6.26%	0.12
FHNFirst Horizon Corporation	11.85B	24.44	17.97	4.71%	15.7%	9.58%	10.33%	0.50
AUBAtlantic Union Bankshares Corporation	5.47B	38.36	17.13	28.8%	15.53%	4.22%	5.51%	0.17
UCBUnited Community Banks, Inc.	4.09B	33.91	16.62	14.65%	17.05%	8.83%	7.4%	0.13
SNVSynovus Financial Corp.	6.95B	50.05	16.52	1.16%	14.09%	13.7%	11.01%	0.35
PNFPPinnacle Financial Partners, Inc.	14.67B	97.65	16.38	15.32%	16.65%	9.1%	5.5%	0.39
CADECadence Bank	8.27B	44.40	16.03	32.37%	18.03%	9.08%	9.39%	0.01
ABCBAmeris Bancorp	5.56B	81.41	15.69	9.75%	21.97%	9.91%	2.53%	0.11

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	0	51.82M	59.2M	63.6M	68.98M	71.71M	86.6M	86.28M	89.2M
NII Growth %	-	-	0.14%	0.07%	0.08%	0.04%	0.21%	-0%	0.03%
Net Interest Margin %	-	-	-	-	-	-	-	-	-
Interest Income	0	58.38M	66.85M	73.69M	77.36M	77.33M	94.33M	118.41M	137.13M
Interest Expense	0	6.56M	7.65M	10.09M	8.38M	5.62M	7.74M	32.13M	47.94M
Loan Loss Provision	0	1.55M	1.99M	1.81M	6.29M	1.9M	1.75M	735K	1.2M
Non-Interest Income+	68.22M	11.68M	13.71M	14.86M	22.14M	23.49M	18.13M	20.29M	19.64M
Non-Interest Income %	-	-	-	-	-	-	-	-	-
Total Revenue+	68.22M	70.06M	80.56M	88.55M	99.49M	100.82M	112.46M	138.7M	156.78M
Revenue Growth %	-	0.03%	0.15%	0.1%	0.12%	0.01%	0.12%	0.23%	0.13%
Non-Interest Expense	28.72M	39.41M	42.57M	46.19M	50.35M	53.24M	58M	62.89M	65.26M
Efficiency Ratio	-	-	-	-	-	-	-	-	-
Operating Income+	31.35M	22.53M	28.36M	30.46M	34.47M	40.06M	44.98M	42.94M	42.38M
Operating Margin %	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-	-0.28%	0.26%	0.07%	0.13%	0.16%	0.12%	-0.05%	-0.01%
Pretax Income+	20.71M	22.53M	28.36M	30.46M	34.47M	40.06M	44.98M	42.94M	42.38M
Pretax Margin %	-	-	-	-	-	-	-	-	-
Income Tax+	5.61M	8.55M	5.3M	5.64M	6.32M	7.11M	8.06M	8.06M	8.15M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-
Net Income+	15.1M	13.98M	23.06M	24.82M	28.14M	32.95M	36.92M	34.88M	34.23M
Net Margin %	-	-	-	-	-	-	-	-	-
Net Income Growth %	-	-0.07%	0.65%	0.08%	0.13%	0.17%	0.12%	-0.06%	-0.02%
Net Income (Continuing)	15.1M	13.98M	23.06M	24.82M	28.14M	32.95M	36.92M	34.88M	34.23M
EPS (Diluted)+	2.07	1.94	3.20	3.49	3.83	4.51	5.13	4.86	4.95
EPS Growth %	-	-0.06%	0.65%	0.09%	0.1%	0.18%	0.14%	-0.05%	0.02%
EPS (Basic)	2.07	1.94	3.20	3.51	3.84	4.53	5.14	4.87	4.96
Diluted Shares Outstanding	7.3M	7.21M	7.21M	7.12M	7.34M	7.3M	7.2M	7.18M	6.92M

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	120.51M	59.67M	151.91M	133.29M	447.2M	784.86M	278.39M	305.43M	268.98M
Short Term Investments	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	97.28M	1.59B	1.63B	1.77B	2.11B	2.34B	2.68B	2.69B	2.74B
Investments Growth %	-	15.39%	0.02%	0.09%	0.19%	0.11%	0.14%	0.01%	0.02%
Long-Term Investments	97.28M	1.25B	1.32B	1.44B	1.61B	1.68B	2.06B	2.12B	2.73B
Accounts Receivables	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	1.55M	0	0	1.55M	0
Intangible Assets	0	0	0	1.55M	0	1.55M	1.55M	0	0
PP&E (Net)	33.99M	35.9M	39.69M	46.3M	51.08M	51.8M	58.52M	60.72M	62.17M
Other Assets	1.39B	29.53M	30.62M	30.9M	30.64M	40.84M	59.69M	61.82M	63.81M
Total Current Assets	125.37M	409.94M	464.8M	474.12M	952.29M	1.45B	901.63M	885.46M	296.87M
Total Non-Current Assets	1.52B	1.31B	1.4B	1.51B	1.69B	1.77B	2.18B	2.24B	2.85B
Total Assets+	1.64B	1.72B	1.86B	1.99B	2.64B	3.22B	3.08B	3.13B	3.15B
Asset Growth %	-	0.05%	0.08%	0.07%	0.33%	0.22%	-0.04%	0.01%	0.01%
Return on Assets (ROA)	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Accounts Payable	0	1.5M	1.76M	2.22M	1.77M	1.31M	1.56M	8M	7.58M
Total Debt+	11.76M	11.52M	11.34M	4.6M	4.23M	3.84M	4.26M	3.77M	2.86M
Net Debt	-108.75M	-48.14M	-140.56M	-128.69M	-442.97M	-781.02M	-274.13M	-301.66M	-266.11M
Long-Term Debt	11.76M	11.52M	11.34M	0	0	0	0	0	0
Short-Term Debt	0	0	0	0	0	0	0	0	0
Other Liabilities	450.32M	0	0	0	0	0	0	11.3M	14.3M
Total Current Liabilities	1.03B	1.53B	1.66B	1.73B	2.35B	2.92B	2.81B	2.81B	2.81B
Total Non-Current Liabilities	462.07M	11.52M	11.34M	4.6M	4.23M	3.84M	4.26M	15.07M	17.17M
Total Liabilities	1.49B	1.55B	1.67B	1.74B	2.36B	2.93B	2.82B	2.82B	2.83B
Total Equity+	151.82M	178.1M	193.7M	251.9M	285.48M	298.15M	265.75M	303.85M	319.74M
Equity Growth %	-	0.17%	0.09%	0.3%	0.13%	0.04%	-0.11%	0.14%	0.05%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.1%	0.08%	0.12%	0.11%	0.1%	0.11%	0.13%	0.12%	0.11%
Book Value per Share	20.80	24.70	26.86	35.40	38.87	40.84	36.92	42.31	46.22
Tangible BV per Share	-	-	-	-	-	-	-	-	-
Common Stock	33.44M	45.54M	41.09M	68.08M	68.06M	60.23M	60.05M	55.14M	38.66M
Additional Paid-in Capital	0	0	1.04M	1.27M	1.54M	1.81M	2.09M	2.41M	2.78M
Retained Earnings	122.83M	137.95M	159.07M	182.57M	208.96M	239.88M	274.78M	306.8M	338.55M
Accumulated OCI	-4.45M	-5.38M	-7.51M	-24K	6.92M	-3.77M	-71.17M	-60.49M	-60.25M
Treasury Stock	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	19.33M	20.09M	26.02M	26.44M	12.8M	62.26M	45.87M	40.11M	38.28M
Operating CF Growth %	-	0.04%	0.29%	0.02%	-0.52%	3.87%	-0.26%	-0.13%	-0.05%
Net Income	15.1M	13.98M	23.06M	24.82M	28.14M	32.95M	36.92M	34.88M	34.23M
Depreciation & Amortization	2.24M	2.04M	2.04M	2.35M	2.41M	2.55M	2.61M	2.75M	3.22M
Deferred Taxes	0	1.97M	-452K	-556K	130K	-773K	313K	-330K	764K
Other Non-Cash Items	2.48M	3.26M	2.68M	2.13M	8.45M	2.94M	4.57M	-798K	1.89M
Working Capital Changes	-196K	-1.35M	-1.6M	-2.62M	-26.68M	24.35M	1.1M	3.25M	-2.25M
Cash from Investing+	-131.95M	-145.9M	-47.65M	-134.82M	-316.26M	-284.68M	-438.7M	-8.74M	-59.16M
Purchase of Investments	-138.56M	-168.21M	-20.76M	-145.64M	-421.5M	-393.67M	-324.43M	-99.05M	-129.72M
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	0	0	0	0
Other Investing	-114.27M	-101.42M	-80.67M	-111.41M	-151.58M	-100.28M	-232.09M	-77.01M	-82.72M
Cash from Financing+	140.89M	64.96M	113.96M	89.76M	617.37M	560.08M	-113.64M	-4.34M	-15.57M
Dividends Paid	0	0	-1.01M	-1.33M	-1.76M	-2.03M	-2.01M	-2.29M	-2.48M
Share Repurchases	-929K	-27K	-4.59M	0	-122K	-7.88M	-218K	-5M	-16.31M
Stock Issued	0	12.13M	0	26.81M	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	-281K	-233K	-182K	-1000K	0	0	0	0	0
Other Financing	142.1M	53.1M	119.6M	75.62M	619.25M	569.99M	-111.41M	2.95M	3.22M
Net Change in Cash+	28.27M	-60.84M	92.24M	-18.61M	313.91M	337.66M	-506.47M	27.03M	-36.45M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0
Cash at Beginning	92.24M	120.51M	59.67M	151.91M	133.29M	447.2M	784.86M	278.39M	305.43M
Cash at End	120.51M	59.67M	151.91M	133.29M	447.2M	784.86M	278.39M	305.43M	268.98M
Interest Paid	0	6.54M	7.39M	9.62M	8.83M	6.08M	7.48M	25.69M	48.35M
Income Taxes Paid	0	6.73M	5.5M	6.29M	6.18M	7.99M	7.35M	9M	6.94M
Free Cash Flow+	18.75M	16.61M	20.58M	22.67M	5.76M	58.84M	37.42M	35.2M	33.41M
FCF Growth %	-	-0.11%	0.24%	0.1%	-0.75%	9.21%	-0.36%	-0.06%	-0.05%

Banking Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	9.95%	8.48%	12.4%	11.14%	10.47%	11.29%	13.09%	12.25%	10.98%
Return on Assets (ROA)	0.92%	0.83%	1.29%	1.29%	1.22%	1.12%	1.17%	1.12%	1.09%
Net Interest Margin	0%	3.01%	3.18%	3.2%	2.61%	2.22%	2.81%	2.76%	2.83%
Efficiency Ratio	42.1%	56.26%	52.84%	52.16%	50.61%	52.81%	51.57%	45.34%	41.63%
Equity / Assets	9.23%	10.33%	10.41%	12.67%	10.8%	9.25%	8.62%	9.71%	10.15%
Book Value / Share	20.8	24.7	26.86	35.4	38.87	40.84	36.92	42.31	46.22
NII Growth	-	-	14.25%	7.44%	8.45%	3.96%	20.76%	-0.36%	3.38%
Dividend Payout	-	-	4.38%	5.34%	6.25%	6.17%	5.45%	6.56%	7.25%

Frequently Asked Questions

Valuation & Price

Red River Bancshares, Inc. (RRBI) has a price-to-earnings (P/E) ratio of 15.2x. This is roughly in line with market averages.

Growth & Financials

Red River Bancshares, Inc. (RRBI) grew revenue by 13.0% over the past year. This is steady growth.

Yes, Red River Bancshares, Inc. (RRBI) is profitable, generating $40.7M in net income for fiscal year 2024 (21.8% net margin).

Dividend & Returns

Yes, Red River Bancshares, Inc. (RRBI) pays a dividend with a yield of 0.48%. This makes it attractive for income-focused investors.

Red River Bancshares, Inc. (RRBI) has a return on equity (ROE) of 11.0%. This is reasonable for most industries.

Industry Metrics

Red River Bancshares, Inc. (RRBI) has a net interest margin (NIM) of 2.8%. NIM has been under pressure due to interest rate environment.

Red River Bancshares, Inc. (RRBI) has an efficiency ratio of 41.6%. This is excellent, indicating strong cost control.

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Red River Bancshares, Inc. (RRBI) 10-Year Financial Performance & Capital Metrics

RRBI • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingSoutheast Community Banks

Net Interest Income $89M +3.4%
Total Revenue $157M +13.0%
Net Income $34M -1.8%
Return on Equity 10.98% -10.3%
Net Interest Margin 2.83% +2.7%
Efficiency Ratio 41.63% -8.2%
ROA 1.09% -2.9%
Equity / Assets 10.15% +4.5%
Book Value per Share 46.22 +9.2%
Tangible BV/Share 46.22 +9.8%
Debt/Equity 0.01 -27.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Efficient operations: 41.6% efficiency ratio
✓Well capitalized: 10.2% equity/assets
✓Share count reduced 3.7% through buybacks
✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y12.1%

3Y15.86%

TTM-

Profit (Net Income) CAGR

10Y-

5Y6.64%

3Y1.28%

TTM22.38%

EPS CAGR

10Y-

5Y7.24%

3Y3.15%

TTM26.95%

ROCE

10Y Avg11.96%

5Y Avg13.88%

3Y Avg14.41%

Latest12.92%

Peer Comparison

Southeast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
FFINFirst Financial Bankshares, Inc.	4.68B	32.65	20.93	18.79%	30.24%	14.14%	6.26%	0.12
FHNFirst Horizon Corporation	11.85B	24.44	17.97	4.71%	15.7%	9.58%	10.33%	0.50
AUBAtlantic Union Bankshares Corporation	5.47B	38.36	17.13	28.8%	15.53%	4.22%	5.51%	0.17
UCBUnited Community Banks, Inc.	4.09B	33.91	16.62	14.65%	17.05%	8.83%	7.4%	0.13
SNVSynovus Financial Corp.	6.95B	50.05	16.52	1.16%	14.09%	13.7%	11.01%	0.35
PNFPPinnacle Financial Partners, Inc.	14.67B	97.65	16.38	15.32%	16.65%	9.1%	5.5%	0.39
CADECadence Bank	8.27B	44.40	16.03	32.37%	18.03%	9.08%	9.39%	0.01
ABCBAmeris Bancorp	5.56B	81.41	15.69	9.75%	21.97%	9.91%	2.53%	0.11

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	0	51.82M	59.2M	63.6M	68.98M	71.71M	86.6M	86.28M	89.2M
NII Growth %	-	-	0.14%	0.07%	0.08%	0.04%	0.21%	-0%	0.03%
Net Interest Margin %	-	-	-	-	-	-	-	-	-
Interest Income	0	58.38M	66.85M	73.69M	77.36M	77.33M	94.33M	118.41M	137.13M
Interest Expense	0	6.56M	7.65M	10.09M	8.38M	5.62M	7.74M	32.13M	47.94M
Loan Loss Provision	0	1.55M	1.99M	1.81M	6.29M	1.9M	1.75M	735K	1.2M
Non-Interest Income+	68.22M	11.68M	13.71M	14.86M	22.14M	23.49M	18.13M	20.29M	19.64M
Non-Interest Income %	-	-	-	-	-	-	-	-	-
Total Revenue+	68.22M	70.06M	80.56M	88.55M	99.49M	100.82M	112.46M	138.7M	156.78M
Revenue Growth %	-	0.03%	0.15%	0.1%	0.12%	0.01%	0.12%	0.23%	0.13%
Non-Interest Expense	28.72M	39.41M	42.57M	46.19M	50.35M	53.24M	58M	62.89M	65.26M
Efficiency Ratio	-	-	-	-	-	-	-	-	-
Operating Income+	31.35M	22.53M	28.36M	30.46M	34.47M	40.06M	44.98M	42.94M	42.38M
Operating Margin %	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-	-0.28%	0.26%	0.07%	0.13%	0.16%	0.12%	-0.05%	-0.01%
Pretax Income+	20.71M	22.53M	28.36M	30.46M	34.47M	40.06M	44.98M	42.94M	42.38M
Pretax Margin %	-	-	-	-	-	-	-	-	-
Income Tax+	5.61M	8.55M	5.3M	5.64M	6.32M	7.11M	8.06M	8.06M	8.15M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-
Net Income+	15.1M	13.98M	23.06M	24.82M	28.14M	32.95M	36.92M	34.88M	34.23M
Net Margin %	-	-	-	-	-	-	-	-	-
Net Income Growth %	-	-0.07%	0.65%	0.08%	0.13%	0.17%	0.12%	-0.06%	-0.02%
Net Income (Continuing)	15.1M	13.98M	23.06M	24.82M	28.14M	32.95M	36.92M	34.88M	34.23M
EPS (Diluted)+	2.07	1.94	3.20	3.49	3.83	4.51	5.13	4.86	4.95
EPS Growth %	-	-0.06%	0.65%	0.09%	0.1%	0.18%	0.14%	-0.05%	0.02%
EPS (Basic)	2.07	1.94	3.20	3.51	3.84	4.53	5.14	4.87	4.96
Diluted Shares Outstanding	7.3M	7.21M	7.21M	7.12M	7.34M	7.3M	7.2M	7.18M	6.92M

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	120.51M	59.67M	151.91M	133.29M	447.2M	784.86M	278.39M	305.43M	268.98M
Short Term Investments	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	97.28M	1.59B	1.63B	1.77B	2.11B	2.34B	2.68B	2.69B	2.74B
Investments Growth %	-	15.39%	0.02%	0.09%	0.19%	0.11%	0.14%	0.01%	0.02%
Long-Term Investments	97.28M	1.25B	1.32B	1.44B	1.61B	1.68B	2.06B	2.12B	2.73B
Accounts Receivables	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	1.55M	0	0	1.55M	0
Intangible Assets	0	0	0	1.55M	0	1.55M	1.55M	0	0
PP&E (Net)	33.99M	35.9M	39.69M	46.3M	51.08M	51.8M	58.52M	60.72M	62.17M
Other Assets	1.39B	29.53M	30.62M	30.9M	30.64M	40.84M	59.69M	61.82M	63.81M
Total Current Assets	125.37M	409.94M	464.8M	474.12M	952.29M	1.45B	901.63M	885.46M	296.87M
Total Non-Current Assets	1.52B	1.31B	1.4B	1.51B	1.69B	1.77B	2.18B	2.24B	2.85B
Total Assets+	1.64B	1.72B	1.86B	1.99B	2.64B	3.22B	3.08B	3.13B	3.15B
Asset Growth %	-	0.05%	0.08%	0.07%	0.33%	0.22%	-0.04%	0.01%	0.01%
Return on Assets (ROA)	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Accounts Payable	0	1.5M	1.76M	2.22M	1.77M	1.31M	1.56M	8M	7.58M
Total Debt+	11.76M	11.52M	11.34M	4.6M	4.23M	3.84M	4.26M	3.77M	2.86M
Net Debt	-108.75M	-48.14M	-140.56M	-128.69M	-442.97M	-781.02M	-274.13M	-301.66M	-266.11M
Long-Term Debt	11.76M	11.52M	11.34M	0	0	0	0	0	0
Short-Term Debt	0	0	0	0	0	0	0	0	0
Other Liabilities	450.32M	0	0	0	0	0	0	11.3M	14.3M
Total Current Liabilities	1.03B	1.53B	1.66B	1.73B	2.35B	2.92B	2.81B	2.81B	2.81B
Total Non-Current Liabilities	462.07M	11.52M	11.34M	4.6M	4.23M	3.84M	4.26M	15.07M	17.17M
Total Liabilities	1.49B	1.55B	1.67B	1.74B	2.36B	2.93B	2.82B	2.82B	2.83B
Total Equity+	151.82M	178.1M	193.7M	251.9M	285.48M	298.15M	265.75M	303.85M	319.74M
Equity Growth %	-	0.17%	0.09%	0.3%	0.13%	0.04%	-0.11%	0.14%	0.05%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.1%	0.08%	0.12%	0.11%	0.1%	0.11%	0.13%	0.12%	0.11%
Book Value per Share	20.80	24.70	26.86	35.40	38.87	40.84	36.92	42.31	46.22
Tangible BV per Share	-	-	-	-	-	-	-	-	-
Common Stock	33.44M	45.54M	41.09M	68.08M	68.06M	60.23M	60.05M	55.14M	38.66M
Additional Paid-in Capital	0	0	1.04M	1.27M	1.54M	1.81M	2.09M	2.41M	2.78M
Retained Earnings	122.83M	137.95M	159.07M	182.57M	208.96M	239.88M	274.78M	306.8M	338.55M
Accumulated OCI	-4.45M	-5.38M	-7.51M	-24K	6.92M	-3.77M	-71.17M	-60.49M	-60.25M
Treasury Stock	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	19.33M	20.09M	26.02M	26.44M	12.8M	62.26M	45.87M	40.11M	38.28M
Operating CF Growth %	-	0.04%	0.29%	0.02%	-0.52%	3.87%	-0.26%	-0.13%	-0.05%
Net Income	15.1M	13.98M	23.06M	24.82M	28.14M	32.95M	36.92M	34.88M	34.23M
Depreciation & Amortization	2.24M	2.04M	2.04M	2.35M	2.41M	2.55M	2.61M	2.75M	3.22M
Deferred Taxes	0	1.97M	-452K	-556K	130K	-773K	313K	-330K	764K
Other Non-Cash Items	2.48M	3.26M	2.68M	2.13M	8.45M	2.94M	4.57M	-798K	1.89M
Working Capital Changes	-196K	-1.35M	-1.6M	-2.62M	-26.68M	24.35M	1.1M	3.25M	-2.25M
Cash from Investing+	-131.95M	-145.9M	-47.65M	-134.82M	-316.26M	-284.68M	-438.7M	-8.74M	-59.16M
Purchase of Investments	-138.56M	-168.21M	-20.76M	-145.64M	-421.5M	-393.67M	-324.43M	-99.05M	-129.72M
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	0	0	0	0
Other Investing	-114.27M	-101.42M	-80.67M	-111.41M	-151.58M	-100.28M	-232.09M	-77.01M	-82.72M
Cash from Financing+	140.89M	64.96M	113.96M	89.76M	617.37M	560.08M	-113.64M	-4.34M	-15.57M
Dividends Paid	0	0	-1.01M	-1.33M	-1.76M	-2.03M	-2.01M	-2.29M	-2.48M
Share Repurchases	-929K	-27K	-4.59M	0	-122K	-7.88M	-218K	-5M	-16.31M
Stock Issued	0	12.13M	0	26.81M	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	-281K	-233K	-182K	-1000K	0	0	0	0	0
Other Financing	142.1M	53.1M	119.6M	75.62M	619.25M	569.99M	-111.41M	2.95M	3.22M
Net Change in Cash+	28.27M	-60.84M	92.24M	-18.61M	313.91M	337.66M	-506.47M	27.03M	-36.45M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0
Cash at Beginning	92.24M	120.51M	59.67M	151.91M	133.29M	447.2M	784.86M	278.39M	305.43M
Cash at End	120.51M	59.67M	151.91M	133.29M	447.2M	784.86M	278.39M	305.43M	268.98M
Interest Paid	0	6.54M	7.39M	9.62M	8.83M	6.08M	7.48M	25.69M	48.35M
Income Taxes Paid	0	6.73M	5.5M	6.29M	6.18M	7.99M	7.35M	9M	6.94M
Free Cash Flow+	18.75M	16.61M	20.58M	22.67M	5.76M	58.84M	37.42M	35.2M	33.41M
FCF Growth %	-	-0.11%	0.24%	0.1%	-0.75%	9.21%	-0.36%	-0.06%	-0.05%

Banking Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	9.95%	8.48%	12.4%	11.14%	10.47%	11.29%	13.09%	12.25%	10.98%
Return on Assets (ROA)	0.92%	0.83%	1.29%	1.29%	1.22%	1.12%	1.17%	1.12%	1.09%
Net Interest Margin	0%	3.01%	3.18%	3.2%	2.61%	2.22%	2.81%	2.76%	2.83%
Efficiency Ratio	42.1%	56.26%	52.84%	52.16%	50.61%	52.81%	51.57%	45.34%	41.63%
Equity / Assets	9.23%	10.33%	10.41%	12.67%	10.8%	9.25%	8.62%	9.71%	10.15%
Book Value / Share	20.8	24.7	26.86	35.4	38.87	40.84	36.92	42.31	46.22
NII Growth	-	-	14.25%	7.44%	8.45%	3.96%	20.76%	-0.36%	3.38%
Dividend Payout	-	-	4.38%	5.34%	6.25%	6.17%	5.45%	6.56%	7.25%

Frequently Asked Questions

Valuation & Price

Red River Bancshares, Inc. (RRBI) has a price-to-earnings (P/E) ratio of 15.2x. This is roughly in line with market averages.

Growth & Financials

Red River Bancshares, Inc. (RRBI) grew revenue by 13.0% over the past year. This is steady growth.

Yes, Red River Bancshares, Inc. (RRBI) is profitable, generating $40.7M in net income for fiscal year 2024 (21.8% net margin).

Dividend & Returns

Yes, Red River Bancshares, Inc. (RRBI) pays a dividend with a yield of 0.48%. This makes it attractive for income-focused investors.

Red River Bancshares, Inc. (RRBI) has a return on equity (ROE) of 11.0%. This is reasonable for most industries.

Industry Metrics

Red River Bancshares, Inc. (RRBI) has a net interest margin (NIM) of 2.8%. NIM has been under pressure due to interest rate environment.

Red River Bancshares, Inc. (RRBI) has an efficiency ratio of 41.6%. This is excellent, indicating strong cost control.