Red River Bancshares Past Earnings Performance
Past criteria checks 2/6
Red River Bancshares has been growing earnings at an average annual rate of 10.8%, while the Banks industry saw earnings growing at 10.3% annually. Revenues have been growing at an average rate of 8.8% per year. Red River Bancshares's return on equity is 11.5%, and it has net margins of 32.7%.
Key information
10.8%
Earnings growth rate
10.0%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 8.8% |
| Return on equity | 11.5% |
| Net Margin | 32.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance 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 01Red River Bancshares EPS beats by $0.10, beats on revenue
Jan 29Is Red River Bancshares, Inc. (NASDAQ:RRBI) Popular Amongst Insiders?
Dec 28Red River Bancshares declares $0.06 dividend
Nov 19Have Insiders Sold Red River Bancshares, Inc. (NASDAQ:RRBI) Shares Recently?
Nov 19Red River Bancshares EPS beats by $0.27, beats on revenue
Oct 29Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 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: RRBI has high quality earnings.
Growing Profit Margin: RRBI's current net profit margins (32.7%) are lower than last year (35.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RRBI's earnings have grown by 10.8% per year over the past 5 years.
Accelerating Growth: RRBI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RRBI had negative earnings growth (-5.5%) over the past year, making it difficult to compare to the Banks industry average (-9%).
Return on Equity
High ROE: RRBI's Return on Equity (11.5%) is considered low.