Red River Bancshares (RRBI) Projected to Post Earnings on Thursday

Red River Bancshares (NASDAQ:RRBI) is expected to announce its Q1 2025 earnings results before the market opens on Thursday, April 24th. Analysts expect Red River Bancshares to post earnings of $1.30 per share and revenue of $28.24 million for the quarter.

Red River Bancshares (NASDAQ:RRBI) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.14. Red River Bancshares had a net margin of 21.71% and a return on equity of 11.04%. On average, analysts expect Red River Bancshares to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Red River Bancshares Stock Performance

Shares of RRBI opened at $49.51 on Tuesday. Red River Bancshares has a one year low of $42.78 and a one year high of $62.13. The stock has a market cap of $335.58 million, a P/E ratio of 9.98 and a beta of 0.47. The stock has a 50-day moving average of $52.71 and a two-hundred day moving average of $54.34.

Red River Bancshares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Monday, March 10th were given a dividend of $0.12 per share. The ex-dividend date was Monday, March 10th. This is a positive change from Red River Bancshares’s previous quarterly dividend of $0.09. This represents a $0.48 dividend on an annualized basis and a yield of 0.97%. Red River Bancshares’s dividend payout ratio (DPR) is currently 9.68%.

Analyst Ratings Changes

Separately, Raymond James initiated coverage on Red River Bancshares in a report on Tuesday, April 8th. They issued an “outperform” rating and a $57.00 price objective for the company.

About Red River Bancshares

Red 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 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.