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Red River Bancshares (RRBI) Q4 Earnings and Revenues Beat Estimates

Core Insights - Red River Bancshares (RRBI) reported quarterly earnings of $1.37 per share, exceeding the Zacks Consensus Estimate of $1.23 per share, and up from $1.16 per share a year ago, representing an earnings surprise of 11.38% [1] - The company achieved revenues of $28.68 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.70% and increasing from $27.28 million year-over-year [2] - The stock has added approximately 0.7% since the beginning of the year, underperforming compared to the S&P 500's gain of 2.7% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.19 on revenues of $27.63 million, and for the current fiscal year, it is $5.10 on revenues of $114.24 million [7] - The estimate revisions trend for Red River Bancshares is favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Banks - Southwest industry, to which Red River Bancshares belongs, is currently in the top 4% of over 250 Zacks industries, suggesting a positive outlook for the sector [8]