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

Red River Bancshares (NASDAQ:RRBI - Get Free Report) is anticipated to post its Q1 2025 quarterly 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 - Get Free Report) last released its 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 return on equity of 11.04% and a net margin of 21.71%. 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 Down 0.8 %

NASDAQ RRBI traded down $0.40 during trading hours on Monday, hitting $49.51. 4,762 shares of the company were exchanged, compared to its average volume of 9,820. The firm has a market cap of $335.58 million, a price-to-earnings ratio of 9.98 and a beta of 0.47. The company has a 50 day moving average of $52.71 and a two-hundred day moving average of $54.34. Red River Bancshares has a 52-week low of $42.78 and a 52-week high of $62.13.

Red River Bancshares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Monday, March 10th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, March 10th. This is an increase from Red River Bancshares's previous quarterly dividend of $0.09. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.97%. Red River Bancshares's payout ratio is currently 9.68%.

Analysts Set New Price Targets

Separately, Raymond James started coverage on shares of Red River Bancshares in a report on Tuesday, April 8th. They set an "outperform" rating and a $57.00 price target for the company.

Red River Bancshares Company Profile

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.