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Is Red River Bancshares (RRBI) Stock Undervalued Right Now?
ZACKS· 2025-01-07 16:06
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, incl ...
Red River Bancshares, Inc. Announces Renewal of Stock Repurchase Program
Globenewswire· 2024-12-19 21:30
ALEXANDRIA, La., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that its board of directors approved the renewal of its stock repurchase program, which will expire on December 31, 2024. The renewed repurchase program authorizes the Company to purchase up to $5.0 million of its outstanding shares of common stock from January 1, 2025 through December 31, 2025. Blake Chatelain, the Company’s President and Chief Executive Officer, said, “We are please ...
Red River Bancshares(RRBI) - 2024 Q3 - Quarterly Report
2024-11-07 22:46
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Large accelerated filer ☐ Accelerated filer ☒ Non-accelerated filer ☐ Smaller reporting company☐ Emerging growth company☒ FORM 10-Q (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended: September 30, 2024 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 001- ...
Red River Bancshares, Inc. Announces Private Stock Repurchase
GlobeNewswire News Room· 2024-11-05 21:30
ALEXANDRIA, La., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that, on November 5, 2024, the Company entered into a stock repurchase agreement with two shareholders for the repurchase by the Company of 50,000 shares of its common stock in a privately-negotiated transaction for a purchase price of $2.5 million. The purchase price reflects a discount to the 10-, 20-, and 30-day volume weighted average price on November 1, 2024. Blake Chatelain, th ...
Red River Bancshares (RRBI) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-10-30 14:40
Red River Bancshares (RRBI) came out with quarterly earnings of $1.27 per share, beating the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.12 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.63%. A quarter ago, it was expected that this holding company for Red River Bank would post earnings of $1.12 per share when it actually produced earnings of $1.16, delivering a surprise of 3.57%. Over the ...
Red River Bancshares(RRBI) - 2024 Q3 - Quarterly Results
2024-10-30 12:45
Exhibit 99.1 RED RIVER BANCSHARES, INC. FOR IMMEDIATE RELEASE Red River Bancshares, Inc. Reports Third Quarter 2024 Financial Results ALEXANDRIA, Louisiana, October 30, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (the "Company") (Nasdaq: RRBI), the holding company for Red River Bank (the "Bank"), announced today its unaudited financial results for the third quarter of 2024. Net income for the third quarter of 2024 was $8.8 million, or $1.27 per diluted common share ("EPS"), an increase of $767,000, ...
Red River Bancshares, Inc. Reports Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-10-30 12:30
ALEXANDRIA, La., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (the "Company") (Nasdaq: RRBI), the holding company for Red River Bank (the "Bank"), announced today its unaudited financial results for the third quarter of 2024. Net income for the third quarter of 2024 was $8.8 million, or $1.27 per diluted common share ("EPS"), an increase of $767,000, or 9.6%, compared to $8.0 million, or $1.16 EPS, for the second quarter of 2024, and an increase of $733,000, or 9.1%, compared to $8.0 million ...
Red River Bancshares (RRBI) Upgraded to Buy: Here's What You Should Know
ZACKS· 2024-09-25 17:00
Red River Bancshares (RRBI) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Indi ...
Red River Bancshares (RRBI) Amends Share Repurchase Program
ZACKS· 2024-08-12 14:55
Red River Bancshares Inc. (RRBI) announced that it has entered into a private stock repurchase agreement with two of its shareholders for $3 million as of Aug 8, 2024. This move lowered its repurchase program availability by the same amount. Per the agreement, the company is set to repurchase 60,000 shares for $3 million, signifying a discount to the 10, 20 and 30-day volume weighted average price on Jul 31, 2024. RRBI has amended its $5 million program, which was approved in December 2023, in light of this ...
Red River Bancshares, Inc. Announces Private Stock Repurchase and Amendment of Repurchase Program
GlobeNewswire News Room· 2024-08-08 20:30
ALEXANDRIA, La., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the "Company") announced today that, on August 8, 2024, the Company entered into a stock repurchase agreement with two shareholders for the repurchase by the Company of 60,000 shares of its common stock in a privately-negotiated transaction for a purchase price of $3.0 million. The purchase price reflects a discount to the 10-, 20-, and 30-day volume weighted average price on July 31, 2024. In connection with the r ...