| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
RRBI Overview
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.
Share Price & News
How has Red River Bancshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RRBI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: RRBI's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-3.6%
RRBI
-3.5%
US Banks
-2.5%
US Market
1 Year Return
9.9%
RRBI
64.8%
US Banks
33.0%
US Market
Return vs Industry: RRBI underperformed the US Banks industry which returned 64.8% over the past year.
Return vs Market: RRBI underperformed the US Market which returned 33% over the past year.
Shareholder returns
| RRBI | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.6% | -3.5% | -2.5% |
| 30 Day | -6.3% | -2.3% | -0.9% |
| 90 Day | -9.0% | -1.0% | 0.8% |
| 1 Year | 10.4%9.9% | 69.3%64.8% | 35.0%33.0% |
| 3 Year | n/a | 20.0%9.7% | 57.6%47.9% |
| 5 Year | n/a | 93.7%69.3% | 120.8%96.7% |
Long-Term Price Volatility Vs. Market
How volatile is Red River Bancshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
Who Has Been Selling Red River Bancshares, Inc. (NASDAQ:RRBI) Shares?4 months ago | Simply Wall St
Red River Bancshares (NASDAQ:RRBI) Shareholders Have Enjoyed A 47% Share Price Gain5 months ago | Simply Wall St
What Kind Of Investors Own Most Of Red River Bancshares, Inc. (NASDAQ:RRBI)?Red River Bancshares Fundamentals Summary
| RRBI fundamental statistics | |
|---|---|
| Market Cap | US$346.43m |
| Earnings (TTM) | US$30.85m |
| Revenue (TTM) | US$90.72m |
11.2x
P/E Ratio1.2x
P/B RatioIs RRBI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RRBI income statement (TTM) | |
|---|---|
| Revenue | US$90.72m |
| Cost of Revenue | US$0 |
| Gross Profit | US$90.72m |
| Expenses | US$59.87m |
| Earnings | US$30.85m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.22 |
| Gross Margin | 100.00% |
| Net Profit Margin | 34.01% |
| Debt/Equity Ratio | 0% |
How did RRBI perform over the long term?
See historical performance and comparisonDividends
0.6%
Current Dividend Yield6%
Payout RatioValuation
Is Red River Bancshares undervalued compared to its fair value and its price relative to the market?
48.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RRBI ($47.38) is trading below our estimate of fair value ($92.01)
Significantly Below Fair Value: RRBI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RRBI is poor value based on its PE Ratio (11.2x) compared to the US Banks industry average (10.6x).
PE vs Market: RRBI is good value based on its PE Ratio (11.2x) compared to the US market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: RRBI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: RRBI's PB Ratio (1.2x) is in line with the US Banks industry average.
Future Growth
How is Red River Bancshares forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
-3.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RRBI's earnings are forecast to decline over the next 3 years (-3.4% per year).
Earnings vs Market: RRBI's earnings are forecast to decline over the next 3 years (-3.4% per year).
High Growth Earnings: RRBI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: RRBI's revenue (2.5% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: RRBI's revenue (2.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RRBI's Return on Equity is forecast to be low in 3 years time (8.8%).
Past Performance
How has Red River Bancshares performed over the past 5 years?
15.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RRBI has high quality earnings.
Growing Profit Margin: RRBI's current net profit margins (34%) are higher than last year (33.3%).
Past Earnings Growth Analysis
Earnings Trend: RRBI's earnings have grown by 15.3% per year over the past 5 years.
Accelerating Growth: RRBI's earnings growth over the past year (13.5%) is below its 5-year average (15.3% per year).
Earnings vs Industry: RRBI earnings growth over the past year (13.5%) underperformed the Banks industry 36%.
Return on Equity
High ROE: RRBI's Return on Equity (10.5%) is considered low.
Financial Health
How is Red River Bancshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: RRBI's Assets to Equity ratio (9.8x) is low.
Allowance for Bad Loans: RRBI has a sufficient allowance for bad loans (960%).
Low Risk Liabilities: 99% of RRBI's liabilities are made up of primarily low risk sources of funding.
Loan Level: RRBI has an appropriate level of Loans to Assets ratio (55%).
Low Risk Deposits: RRBI's Loans to Deposits ratio (62%) is appropriate.
Level of Bad Loans: RRBI has an appropriate level of bad loans (0.1%).
Dividend
What is Red River Bancshares's current dividend yield, its reliability and sustainability?
0.59%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RRBI's dividend (0.59%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: RRBI's dividend (0.59%) is low compared to the top 25% of dividend payers in the US market (3.65%).
Stability and Growth of Payments
Stable Dividend: RRBI is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: RRBI is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: RRBI is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RRBI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
23.7yrs
Average board tenure
CEO
Ronald Chatelain (57 yo)
23.67yrs
Tenure
US$703,105
Compensation
Mr. Ronald Blake Chatelain serves as the Chief Executive Officer, President and Director of Red River Bank and Red River Bancshares, Inc. since 1998. Prior to joining Red River Bank, Mr. Chatelain previous...
CEO Compensation Analysis
Compensation vs Market: Ronald's total compensation ($USD703.11K) is below average for companies of similar size in the US market ($USD1.68M).
Compensation vs Earnings: Ronald's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: RRBI's board of directors are seasoned and experienced ( 23.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RRBI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Red River Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Red River Bancshares, Inc.
- Ticker: RRBI
- Exchange: NasdaqGS
- Founded: 1998
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$346.433m
- Shares outstanding: 7.28m
- Website: https://www.redriverbank.net
Number of Employees
Location
- Red River Bancshares, Inc.
- 1412 Centre Court Drive
- Suite 501
- Alexandria
- Louisiana
- 71301
- United States
Listings
Biography
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. It provides various deposit pro...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/20 22:35 |
| End of Day Share Price | 2021/09/20 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.