Red River Bancshares Balance Sheet Health
Financial Health criteria checks 6/6
Red River Bancshares has total assets of $3.1B and total equity of $324.3M. Total deposits are $2.7B, and total loans are $2.0B. It earns a Net Interest Margin of 2.9%. It has sufficient allowance for bad loans, which are currently at 0.1% of total loans. Cash and short-term investments are $232.6M.
Key information
9.6x
Asset to equity ratio
2.9%
Net interest margin
| Total deposits | US$2.75b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.1% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$232.65m |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Red River Bancshares (NASDAQ:RRBI) Is Well Worth Watching
May 23
Red River Bancshares declares $0.07 dividend
Aug 25Is Now The Time To Put Red River Bancshares (NASDAQ:RRBI) On Your Watchlist?
Mar 09Trade Alert: The Independent Director Of Red River Bancshares, Inc. (NASDAQ:RRBI), Barry Hines, Has Sold Some Shares Recently
Feb 11
How Much Did Red River Bancshares'(NASDAQ:RRBI) Shareholders Earn From Share Price Movements Over The Last Year?
Feb 01Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: RRBI's Assets to Equity ratio (9.6x) is low.
Allowance for Bad Loans: RRBI has a sufficient allowance for bad loans (709%).
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 (0.1%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 06:41 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Red River Bancshares, Inc. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Marinac | FIG Partners |
| Christopher Marinac | Janney Montgomery Scott LLC |
| Feddie Strickland | Janney Montgomery Scott LLC |