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. More Details
Flawless balance sheet and fair value.
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 not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: RRBI's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: RRBI exceeded the US Banks industry which returned -15.9% over the past year.
Return vs Market: RRBI underperformed the US Market which returned 20.4% over the past year.
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
1 week ago | Simply Wall StHave Insiders Sold Red River Bancshares, Inc. (NASDAQ:RRBI) Shares Recently?
1 month ago | Simply Wall StIs Now The Time To Put Red River Bancshares (NASDAQ:RRBI) On Your Watchlist?
3 months ago | Simply Wall StIs Red River Bancshares, Inc. (NASDAQ:RRBI) Popular Amongst Insiders?
Is Red River Bancshares undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RRBI ($52.27) is trading below our estimate of fair value ($66.55)
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 (13.8x) compared to the US Banks industry average (11.6x).
PE vs Market: RRBI is good value based on its PE Ratio (13.8x) compared to the US market (19.7x).
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 is overvalued based on its PB Ratio (1.4x) compared to the US Banks industry average (0.9x).
How is Red River Bancshares forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
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 (-2.8% per year).
Earnings vs Market: RRBI's earnings are forecast to decline over the next 3 years (-2.8% per year).
High Growth Earnings: RRBI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: RRBI's revenue (2.2% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: RRBI's revenue (2.2% 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 (8.2%).
How has Red River Bancshares performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RRBI has a high level of non-cash earnings.
Growing Profit Margin: RRBI's current net profit margins (33%) are higher than last year (31.7%).
Past Earnings Growth Analysis
Earnings Trend: RRBI's earnings have grown by 16.7% per year over the past 5 years.
Accelerating Growth: RRBI's earnings growth over the past year (14%) is below its 5-year average (16.7% per year).
Earnings vs Industry: RRBI earnings growth over the past year (14%) exceeded the Banks industry -4.3%.
Return on Equity
High ROE: RRBI's Return on Equity (9.9%) is considered low.
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
Financial Institutions Analysis
Asset Level: RRBI's Assets to Equity ratio (9x) is low.
Allowance for Bad Loans: RRBI has a sufficient allowance for bad loans (369%).
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 (66%).
Low Risk Deposits: RRBI's Loans to Deposits ratio (74%) is appropriate.
Level of Bad Loans: RRBI has an appropriate level of bad loans (0.3%).
What is Red River Bancshares's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: RRBI's dividend (0.46%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: RRBI's dividend (0.46%) is low compared to the top 25% of dividend payers in the US market (4.05%).
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ronald Chatelain (56 yo)
Mr. Ronald Blake Chatelain serves as the Chief Executive Officer, President and Director of Red River Bank and Red River Bancshares, Inc. since 1998. Mr. Chatelain serves as a Director at Red River Bancsha...
CEO Compensation Analysis
Compensation vs Market: Ronald's total compensation ($USD668.74K) is below average for companies of similar size in the US market ($USD1.79M).
Compensation vs Earnings: Ronald's compensation has been consistent with company performance over the past year.
|Independent Director||22.83yrs||US$17.61k||0.28% |
|Independent Director||13.83yrs||US$20.60k||0.57% |
|Independent Director||22.83yrs||US$23.70k||0.21% |
|Independent Director||22.83yrs||US$20.60k||5.54% |
|Independent Non-Executive Chairman of the Board||22.83yrs||US$18.40k||5.6% |
|Independent Director||22.83yrs||US$21.50k||0.12% |
|Independent Director||22.83yrs||US$27.10k||1.04% |
|Independent Director||20.83yrs||US$12.97k||2.23% |
|Independent Director||7.83yrs||US$16.40k||1.33% |
|Independent Director||22.83yrs||US$24.50k||0.61% |
Experienced Board: RRBI's board of directors are seasoned and experienced ( 22.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RRBI insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Red River Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Red River Bancshares, Inc.
- Ticker: RRBI
- Exchange: NasdaqGS
- Founded: 1998
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$372.493m
- Shares outstanding: 7.33m
- Website: https://www.redriverbank.net
Number of Employees
- Red River Bancshares, Inc.
- 1412 Centre Court Drive
- Suite 101
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RRBI||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||May 2019|
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||2020/11/25 23:43|
|End of Day Share Price||2020/11/25 00:00|
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.