Core Viewpoint - Red River Bancshares, Inc. (RRBI) is a regional financial institution in Louisiana, providing a variety of banking services and competing to enhance shareholder value [1] Company Performance - RRBI's stock is currently priced at $91.43, reflecting a 2.75% increase or $2.45, with a daily trading range of $88.33 to $91.85, the latter being the highest price in the past year [3] - The company's market capitalization is approximately $617.76 million, indicating its significant presence in the regional banking sector [4] - Today's trading volume on NASDAQ is 27,771 shares, suggesting active investor interest [4] Insider Activity - On February 4, 2026, Director Price Teddy Ray purchased 630 shares at $90.39 each, increasing his total holdings to 375,788 shares, which signals confidence in the company's future prospects [2][6] Analyst Sentiment - Analysts have been revising their earnings projections upwards for RRBI, indicating growing optimism about the company's financial prospects, which may lead to further gains in the stock price [5] - The correlation between earnings estimate revisions and stock price movements suggests that RRBI's stock could benefit from these positive revisions [5][6]

Red River Bancshares (RRBI) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this holding company for Red River Bank reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a st ...

Red River Bancshares (RRBI) reported $33.19 million in revenue for the quarter ended December 2025, representing a year-over-year increase of 15.7%. EPS of $1.73 for the same period compares to $1.37 a year ago.The reported revenue represents a surprise of +2.72% over the Zacks Consensus Estimate of $32.31 million. With the consensus EPS estimate being $1.63, the EPS surprise was +6.14%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare t ...

Financial Performance - Net income for Q4 2025 was $11.4 million, or $1.73 per diluted share, a 5.7% increase from Q3 2025[3] - For the full year 2025, net income was $42.8 million, a 24.9% increase from $34.2 million in 2024[4] - Net income for Q4 2025 was $11.4 million, compared to $10.8 million in Q3 2025, representing a 5.7% increase[38] - Earnings per share (EPS) increased to $1.74 for Q4 2025, up from $1.63 in Q3 2025, marking an 6.7% rise[38] - Net income for the year ended December 31, 2025, reached $42,764,000, a significant increase of 24.56% compared to $34,235,000 in 2024[42] Assets and Deposits - Total assets reached $3.35 billion, an increase of $136.5 million, or 4.2%, from Q3 2025, driven by a $124.6 million increase in deposits[5] - Total assets increased to $3,350,910,000 as of December 31, 2025, up from $3,214,363,000 in the previous quarter, representing a 4.24% growth[40] - Total deposits totaled $2.96 billion, up $124.6 million, or 4.4%, from Q3 2025, primarily due to seasonal inflows from public entity customers[25] - Total deposits rose to $2,963,412,000, reflecting a 4.39% increase from $2,838,783,000 in the previous quarter[40] - Public deposits surged by $72.2 million, or 32.3%, from $223.4 million to $295.6 million[29] Interest Income and Margin - Net interest income for Q4 2025 was $28.2 million, a 5.0% increase from Q3 2025[11] - The net interest margin (FTE) increased to 3.51%, up 8 basis points from the previous quarter[8] - The bank's net interest margin improved to 3.46% in Q4 2025, compared to 3.38% in Q3 2025[38] - Net interest income for the three months ended December 31, 2025, was $28,241,000, an increase of 5.02% from $26,886,000 in the previous quarter[42] - The net interest margin improved to 3.46% for the three months ended December 31, 2025, compared to 3.38% in the previous quarter, indicating a positive trend in profitability[44] Operating Expenses and Efficiency - Operating expenses for Q4 2025 totaled $18.3 million, a 2.0% increase from Q3 2025[17] - Total operating expenses for the year ended December 31, 2025, were $70,095,000, up from $66,154,000 in 2024, indicating a 4.39% increase[42] - The efficiency ratio improved to 54.99% in Q4 2025, down from 56.06% in Q3 2025[38] Credit Losses - The provision for credit losses for Q4 2025 was $750,000, an increase of $100,000 from the prior quarter due to loan growth[23] - Provision for credit losses increased to $750,000 for the three months ended December 31, 2025, compared to $650,000 in the previous quarter[42] - The allowance for credit losses stood at $23,399,000 as of December 31, 2025, compared to $22,801,000 in the previous quarter[40] Growth and Expansion - The company plans to expand with new projects, including a new lending headquarters in Shreveport expected to be completed in summer 2026[10] - The bank operates 28 banking centers and two loan and deposit production offices across Louisiana[34] Equity and Valuation - Total stockholders' equity rose by $13.8 million, or 3.9%, from $351.3 million to $365.2 million, driven by $11.4 million in net income[30] - Total stockholders' equity increased to $365,150,000 as of December 31, 2025, compared to $351,311,000 in the previous quarter, reflecting a 3.77% growth[40] - The book value per share increased to $55.52 as of December 31, 2025, compared to $47.18 a year earlier, reflecting a growth of 17.73%[49] - Tangible common equity as of December 31, 2025, was $363,604 thousand, up from $318,193 thousand in 2024, indicating a growth of 14.26%[49] - The total stockholders' equity to assets ratio was 10.90% as of December 31, 2025, slightly down from 10.93% in the previous quarter, showing stability in capital structure[49]

Core Insights - Red River Bancshares, Inc. reported record-high net income for both the fourth quarter and the full year of 2025, with net income of $11.4 million for Q4 and $42.8 million for the year, representing increases of 5.7% and 24.9% respectively compared to previous periods [2][3][5]. Financial Performance - For Q4 2025, net income was $11.4 million, or $1.73 per diluted share, compared to $10.8 million, or $1.63 per diluted share in Q3 2025 [2]. - The return on assets for Q4 2025 was 1.38%, and the return on equity was 12.60% [2]. - For the full year 2025, net income was $42.8 million, or $6.38 per diluted share, compared to $34.2 million, or $4.95 per diluted share in 2024 [3]. Operational Highlights - The fourth quarter of 2025 saw a record-high quarterly net income, improved net interest margin, and solid growth in loans, deposits, and assets [4]. - Loans held for investment increased to $2.25 billion, up $75.6 million, or 3.5% from Q3 2025 [17]. - Total assets reached $3.35 billion, an increase of $136.5 million, or 4.2% from the previous quarter, driven by a $124.6 million increase in deposits [4][22]. Deposits and Loans - Total deposits as of December 31, 2025, were $2.96 billion, up $124.6 million, or 4.4% from September 30, 2025, primarily due to seasonal inflows from public entity customers [22]. - The company experienced robust loan growth, with loans HFI increasing 8.4% for the year 2025 [7]. Stockholder Returns - The company paid a quarterly cash dividend of $0.15 per common share in Q4 2025, with a total cash dividend of $0.54 per share for the year, a 50% increase from $0.36 in 2024 [4][5]. Stock Repurchase Program - The company renewed and increased its stock repurchase program for 2026, authorizing up to $10.0 million for share buybacks [4]. Interest Income and Margin - Net interest income for Q4 2025 was $28.2 million, a 5.0% increase from Q3 2025, with a net interest margin FTE of 3.51%, up 8 basis points [9][6]. - The average rate on new and renewed loans was 6.72% for Q4 2025 [9]. Credit Quality - Nonperforming assets (NPAs) totaled $3.5 million as of December 31, 2025, an increase of 44.9% from the previous quarter, with a ratio of NPAs to assets at 0.11% [20]. - The allowance for credit losses (ACL) was $23.4 million, with a ratio of ACL to loans HFI at 1.04% [21].

Core Viewpoint - Red River Bancshares, Inc. has announced the renewal and increase of its stock repurchase program, allowing the company to buy back up to $10.0 million of its common stock from January 1, 2026, to December 31, 2026, aiming to maximize shareholder value [1] Company Overview - Red River Bancshares, Inc. is the bank holding company for Red River Bank, established in 1999, providing a comprehensive range of banking products and services tailored for commercial and retail customers [2] - The bank operates 28 banking centers across Louisiana and has two combined loan and deposit production offices located in New Orleans and Lafayette [2] - The banking centers serve various markets in Louisiana, including Alexandria, Shreveport-Bossier City, Baton Rouge, Lake Charles, Covington, Lafayette, and New Orleans [2]

Financial Performance - Net income for Q3 2025 was $10.8 million, or $1.63 diluted EPS, a 5.9% increase from $10.2 million, or $1.51 diluted EPS in Q2 2025[109] - For the nine months ended September 30, 2025, net income was $31.3 million, a 25.8% increase from $24.9 million in the same period of 2024[115] - Noninterest income increased by $307,000 to $5.0 million for Q3 2025 compared to $4.7 million for Q2 2025, driven by higher brokerage income and service charges on deposit accounts[136] - Noninterest income decreased by $431,000 to $15.0 million for the nine months ended September 30, 2025, primarily due to lower SBIC income and loan and deposit income[140] - The efficiency ratio improved to 56.06% in Q3 2025, compared to 56.87% in Q2 2025[114] Interest Income and Margin - Net interest income for Q3 2025 was $26.9 million, up $1.1 million, or 4.1%, from $25.8 million in the prior quarter[109] - Net interest income for the nine months ended September 30, 2025, was $77.3 million, a 17.8% increase from $65.6 million in the same period of 2024[123] - The net interest margin FTE increased by 7 basis points to 3.43% in Q3 2025, compared to 3.36% in the previous quarter[119] - The yield on securities increased by 48 basis points due to the purchase of $41.1 million in securities in Q4 2024 and an additional $146.7 million during the nine months ended September 30, 2025[127] - The yield on loans rose by 29 basis points, attributed to higher rates on new and renewed loans compared to the existing portfolio yield[127] Assets and Deposits - Total assets as of September 30, 2025, were $3.21 billion, an increase from $3.17 billion as of June 30, 2025[110] - Total deposits reached $2.84 billion, an increase of $28.2 million, or 1.0%, compared to $2.81 billion as of June 30, 2025[109] - Noninterest-bearing deposits rose by $52.5 million, or 6.1%, to $919 million, representing 32.37% of total deposits as of September 30, 2025[193] - Total loans held for investment (HFI) increased by $98.06 million, or 4.7%, to $2.173 billion as of September 30, 2025, compared to $2.075 billion as of December 31, 2024[176] - Total securities increased by $79.7 million, or 11.6%, to $764.6 million, representing 23.79% of total assets as of September 30, 2025[160] Expenses and Provisions - Operating expenses increased by $2.5 million to $51.8 million for the nine months ended September 30, 2025, mainly due to higher personnel and occupancy expenses[150] - The provision for credit losses for the nine months ended September 30, 2025, was $1.55 million, an increase of $650,000 or 72.2% from $900,000 for the same period in 2024[134] - Income tax expense for the nine months ended September 30, 2025, totaled $7.6 million, an increase of $1.7 million or 28.4% compared to the prior year[159] Stockholder Equity - Total stockholders' equity as of September 30, 2025, was $351.3 million, reflecting a $31.6 million, or 9.9%, increase from $319.7 million as of December 31, 2024[199] - Total tangible common equity (non-GAAP) reached $349,765,000, compared to $333,804,000 in the previous quarter, marking a quarterly increase of 4.78%[245] - Book value per share rose to $53.42, up from $50.23 in June 2025 and $47.51 in September 2024, indicating a year-over-year increase of 12.06%[245] - The ratio of total stockholders' equity to assets improved to 10.93% as of September 30, 2025, compared to 10.59% in June 2025 and 10.46% in September 2024[245] Loans and Credit Quality - Nonperforming assets (NPAs) decreased by $832,000, or 25.4%, to $2.4 million as of September 30, 2025, from $3.3 million as of December 31, 2024[182] - The allowance for credit losses (ACL) increased by $1.1 million to $22.8 million, or 1.05% of loans HFI, as of September 30, 2025[189] - The provision for credit losses on loans for the nine months ended September 30, 2025, was $1.6 million, an increase of $750,000, or 93.8%, from $800,000 for the same period in 2024[190] Operational Developments - The company opened a new loan and deposit production office in Lafayette, Louisiana, in Q3 2025[111] - The stock repurchase program had $4.3 million of available capacity as of September 30, 2025[111] - The company repurchased 11,748 shares of common stock at an aggregate cost of $656,000 for the nine months ended September 30, 2025[203]

Core Insights - Red River Bancshares (RRBI) reported quarterly earnings of $1.63 per share, exceeding the Zacks Consensus Estimate of $1.55 per share, and up from $1.27 per share a year ago, representing an earnings surprise of +5.16% [1] - The company achieved revenues of $31.91 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.93%, compared to $27.88 million in the same quarter last year [2] - Red River Bancshares has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Performance - The company has shown a strong performance with a year-to-date stock increase of approximately 23%, compared to the S&P 500's gain of 17.2% [3] - The current consensus EPS estimate for the upcoming quarter is $1.60, with expected revenues of $31.06 million, and for the current fiscal year, the EPS estimate is $6.17 on revenues of $121.83 million [7] Market Outlook - The Zacks Industry Rank places the Banks - Southwest sector in the top 14% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - The estimate revisions trend for Red River Bancshares was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]

Financial Performance - Net income for Q3 2025 was $10.8 million, or $1.63 per diluted share, a 5.9% increase from Q2 2025's $10.2 million, or $1.51 EPS [3] - Net income for the third quarter of 2025 was $10.801 million, compared to $10.196 million in the previous quarter, marking an increase of 5.9% [39] - Earnings per share (diluted) rose to $1.63 for the third quarter of 2025, up from $1.51 in the previous quarter, reflecting an increase of 7.9% [39] - The return on average assets improved to 1.34% for the third quarter of 2025, compared to 1.30% in the previous quarter [39] - The efficiency ratio improved to 56.06% in the third quarter of 2025, down from 56.87% in the previous quarter, indicating better cost management [39] Income and Revenue - Net interest income for Q3 2025 was $26.9 million, a $1.1 million, or 4.1%, increase from Q2 2025 [12] - Noninterest income totaled $5.0 million for Q3 2025, a 6.5% increase from the previous quarter [14] - Interest and fees on loans amounted to $30,612,000 for the three months ended September 30, 2025, compared to $29,500,000 in the previous quarter, reflecting a growth of 3.8% [43] - Net interest income for the three months ended September 30, 2025, was $26,886,000, an increase of 4.1% compared to $25,819,000 in the previous quarter [43] - For the nine months ended September 30, 2025, net interest income reached $77,315 thousand, an increase from $65,607 thousand for the same period in 2024, marking a growth of 17.92% [48] Assets and Deposits - Total assets increased to $3,214,363,000 as of September 30, 2025, up from $3,168,092,000 in the previous quarter, representing a growth of 1.5% [41] - Total deposits reached $2.84 billion, an increase of $28.2 million, or 1.0%, compared to $2.81 billion as of June 30, 2025 [25] - Total deposits rose to $2,838,783,000 as of September 30, 2025, compared to $2,810,605,000 in the previous quarter, marking an increase of 1.0% [41] - Loans held for investment increased to $2.17 billion, up $34.5 million, or 1.6%, from $2.14 billion as of June 30, 2025 [19] Equity and Dividends - Stockholders' equity increased by $16.0 million, or 4.8%, from $335.4 million to $351.3 million during the third quarter of 2025 [30] - The cash dividend for Q3 2025 was increased by 25.0% to $0.15 per common share, up from $0.12 in the previous quarters [6] - Total stockholders' equity increased to $351,311,000 as of September 30, 2025, from $335,350,000 in the previous quarter, representing a growth of 4.0% [41] - Book value per share rose to $53.42 as of September 30, 2025, compared to $50.23 in the previous quarter, indicating an increase of 4.35% [51] Credit Quality - The provision for credit losses was $650,000, an increase of $200,000 from the prior quarter's $450,000 [23] - Nonperforming assets totaled $2.4 million, or 0.08% of assets, reflecting an increase of 83.9% from June 30, 2025 [22] Operational Developments - The company opened a new loan and deposit production office in Lafayette, Louisiana, as part of its expansion strategy [11] - Total operating expenses increased to $17,889,000 for the three months ended September 30, 2025, up from $17,367,000 in the previous quarter, a rise of 3.0% [43] Interest Margin - The net interest margin FTE improved to 3.43%, up 7 basis points from the previous quarter [8] - The net interest margin increased to 3.38% for the third quarter of 2025, compared to 3.31% in the previous quarter [39] - The net interest spread improved to 2.47% for the three months ended September 30, 2025, compared to 2.41% in the previous quarter, indicating enhanced efficiency in interest income generation [45]

Core Insights - Red River Bancshares, Inc. reported a net income of $10.8 million for Q3 2025, representing a 5.9% increase from the previous quarter's net income of $10.2 million [2][4] - The company achieved a record-high net income driven by improved net interest margins and solid loan activity despite unexpected paydowns [5][6] - The quarterly cash dividend was increased by 25% to $0.15 per share, reflecting the company's commitment to returning value to shareholders [4][5] Financial Performance - For the nine months ended September 30, 2025, net income was $31.3 million, up from $24.9 million for the same period in 2024, with EPS increasing from $3.59 to $4.65 [3][36] - The return on assets for Q3 2025 was 1.34%, and the return on equity was 12.62% [2][36] - Net interest income for Q3 2025 was $26.9 million, a 4.1% increase from the previous quarter, with a net interest margin FTE of 3.43% [10][36] Loan and Deposit Growth - Loans held for investment increased to $2.17 billion, a rise of 1.6% from the previous quarter, with solid new loan activity [4][17] - Total deposits reached $2.84 billion, up 1.0% from the previous quarter, driven by increased noninterest-bearing and time deposits [23][24] - The company opened a new loan and deposit production office in Lafayette, Louisiana, to enhance its service capabilities [5][9] Asset Quality and Credit Losses - Nonperforming assets totaled $2.4 million, representing 0.08% of total assets, with an allowance for credit losses of $22.8 million, or 1.05% of loans held for investment [20][22] - The provision for credit losses for Q3 2025 was $650,000, an increase from $450,000 in the prior quarter [22][36] Capital Management - Total stockholders' equity increased by 4.8% to $351.3 million as of September 30, 2025, supported by net income and market adjustments [28][29] - The company has a strong capital position with a stockholders' equity to assets ratio of 10.93% and a risk-based capital ratio of 18.18% [36][38] Market Outlook - The economic outlook for Louisiana is optimistic, with expected job growth and improved loan demand as uncertainties related to tariffs and interest rates diminish [7][8] - The Federal Reserve's recent rate cuts are anticipated to influence the company's interest income and margin management strategies moving forward [8][11]