Red River Bancshares Past Earnings Performance
Past criteria checks 2/6
Red River Bancshares has been growing earnings at an average annual rate of 8.5%, while the Banks industry saw earnings growing at 13.1% annually. Revenues have been growing at an average rate of 7.8% per year. Red River Bancshares's return on equity is 10.6%, and it has net margins of 31%.
Key information
8.5%
Earnings growth rate
8.4%
EPS growth rate
| Banks Industry Growth | 10.6% |
| Revenue growth rate | 7.8% |
| Return on equity | 10.6% |
| Net Margin | 31.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Red River Bancshares makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 105 | 32 | 56 | 0 |
| 31 Mar 24 | 106 | 33 | 55 | 0 |
| 31 Dec 23 | 107 | 35 | 55 | 0 |
| 30 Sep 23 | 108 | 37 | 54 | 0 |
| 30 Jun 23 | 109 | 39 | 53 | 0 |
| 31 Mar 23 | 108 | 39 | 51 | 0 |
| 31 Dec 22 | 104 | 37 | 50 | 0 |
| 30 Sep 22 | 100 | 35 | 49 | 0 |
| 30 Jun 22 | 97 | 33 | 48 | 0 |
| 31 Mar 22 | 94 | 32 | 47 | 0 |
| 31 Dec 21 | 94 | 33 | 46 | 0 |
| 30 Sep 21 | 92 | 32 | 46 | 0 |
| 30 Jun 21 | 91 | 31 | 46 | 0 |
| 31 Mar 21 | 88 | 29 | 45 | 0 |
| 31 Dec 20 | 86 | 28 | 45 | 0 |
| 30 Sep 20 | 83 | 28 | 44 | 0 |
| 30 Jun 20 | 82 | 27 | 42 | 0 |
| 31 Mar 20 | 80 | 26 | 42 | 0 |
| 31 Dec 19 | 78 | 25 | 41 | 0 |
| 30 Sep 19 | 76 | 24 | 40 | 0 |
| 30 Jun 19 | 75 | 24 | 39 | 0 |
| 31 Mar 19 | 73 | 24 | 38 | 0 |
| 31 Dec 18 | 72 | 23 | 37 | 0 |
| 31 Dec 17 | 63 | 14 | 34 | 0 |
| 31 Dec 16 | 60 | 15 | 29 | 0 |
Quality Earnings: 7RR has high quality earnings.
Growing Profit Margin: 7RR's current net profit margins (31%) are lower than last year (35.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 7RR's earnings have grown by 8.5% per year over the past 5 years.
Accelerating Growth: 7RR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 7RR had negative earnings growth (-16.6%) over the past year, making it difficult to compare to the Banks industry average (30.5%).
Return on Equity
High ROE: 7RR's Return on Equity (10.6%) is considered low.