Core Viewpoint - Red River Bancshares, Inc. (RRBI) is a regional financial institution in Louisiana, providing a variety of banking services and competing to enhance shareholder value [1] Company Performance - RRBI's stock is currently priced at $91.43, reflecting a 2.75% increase or $2.45, with a daily trading range of $88.33 to $91.85, the latter being the highest price in the past year [3] - The company's market capitalization is approximately $617.76 million, indicating its significant presence in the regional banking sector [4] - Today's trading volume on NASDAQ is 27,771 shares, suggesting active investor interest [4] Insider Activity - On February 4, 2026, Director Price Teddy Ray purchased 630 shares at $90.39 each, increasing his total holdings to 375,788 shares, which signals confidence in the company's future prospects [2][6] Analyst Sentiment - Analysts have been revising their earnings projections upwards for RRBI, indicating growing optimism about the company's financial prospects, which may lead to further gains in the stock price [5] - The correlation between earnings estimate revisions and stock price movements suggests that RRBI's stock could benefit from these positive revisions [5][6]

Core Viewpoint - Red River Bancshares (RRBI) shows a significantly improving earnings outlook, making it a strong investment choice as analysts continue to raise earnings estimates for the company [1][2]. Earnings Estimate Revisions - The upward trend in earnings estimate revisions reflects growing analyst optimism regarding Red River Bancshares' earnings prospects, which is expected to positively impact its stock price [2]. - For the current quarter, the earnings estimate is $1.72 per share, representing a 13.2% increase from the previous year, with a 9.55% rise in consensus estimates over the last 30 days [6]. - For the full year, the expected earnings are $7.10 per share, indicating an 11.3% increase from the prior year, with an 8.81% increase in consensus estimates during the same period [7][8]. Zacks Rank and Performance - Red River Bancshares currently holds a Zacks Rank 1 (Strong Buy), indicating strong agreement among analysts in raising earnings estimates, which historically correlates with stock price performance [3][9]. - Stocks with a Zacks Rank 1 and 2 have shown significant outperformance compared to the S&P 500, with Zacks 1 stocks averaging a 25% annual return since 2008 [3][9]. Recent Stock Performance - The stock has gained 20.7% over the past four weeks, driven by solid estimate revisions, suggesting potential for further growth in earnings and stock price [10].

Red River Bancshares (RRBI) reported $33.19 million in revenue for the quarter ended December 2025, representing a year-over-year increase of 15.7%. EPS of $1.73 for the same period compares to $1.37 a year ago.The reported revenue represents a surprise of +2.72% over the Zacks Consensus Estimate of $32.31 million. With the consensus EPS estimate being $1.63, the EPS surprise was +6.14%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare t ...

Financial Performance - Net income for Q4 2025 was $11.4 million, or $1.73 per diluted share, a 5.7% increase from Q3 2025[3] - For the full year 2025, net income was $42.8 million, a 24.9% increase from $34.2 million in 2024[4] - Net income for Q4 2025 was $11.4 million, compared to $10.8 million in Q3 2025, representing a 5.7% increase[38] - Earnings per share (EPS) increased to $1.74 for Q4 2025, up from $1.63 in Q3 2025, marking an 6.7% rise[38] - Net income for the year ended December 31, 2025, reached $42,764,000, a significant increase of 24.56% compared to $34,235,000 in 2024[42] Assets and Deposits - Total assets reached $3.35 billion, an increase of $136.5 million, or 4.2%, from Q3 2025, driven by a $124.6 million increase in deposits[5] - Total assets increased to $3,350,910,000 as of December 31, 2025, up from $3,214,363,000 in the previous quarter, representing a 4.24% growth[40] - Total deposits totaled $2.96 billion, up $124.6 million, or 4.4%, from Q3 2025, primarily due to seasonal inflows from public entity customers[25] - Total deposits rose to $2,963,412,000, reflecting a 4.39% increase from $2,838,783,000 in the previous quarter[40] - Public deposits surged by $72.2 million, or 32.3%, from $223.4 million to $295.6 million[29] Interest Income and Margin - Net interest income for Q4 2025 was $28.2 million, a 5.0% increase from Q3 2025[11] - The net interest margin (FTE) increased to 3.51%, up 8 basis points from the previous quarter[8] - The bank's net interest margin improved to 3.46% in Q4 2025, compared to 3.38% in Q3 2025[38] - Net interest income for the three months ended December 31, 2025, was $28,241,000, an increase of 5.02% from $26,886,000 in the previous quarter[42] - The net interest margin improved to 3.46% for the three months ended December 31, 2025, compared to 3.38% in the previous quarter, indicating a positive trend in profitability[44] Operating Expenses and Efficiency - Operating expenses for Q4 2025 totaled $18.3 million, a 2.0% increase from Q3 2025[17] - Total operating expenses for the year ended December 31, 2025, were $70,095,000, up from $66,154,000 in 2024, indicating a 4.39% increase[42] - The efficiency ratio improved to 54.99% in Q4 2025, down from 56.06% in Q3 2025[38] Credit Losses - The provision for credit losses for Q4 2025 was $750,000, an increase of $100,000 from the prior quarter due to loan growth[23] - Provision for credit losses increased to $750,000 for the three months ended December 31, 2025, compared to $650,000 in the previous quarter[42] - The allowance for credit losses stood at $23,399,000 as of December 31, 2025, compared to $22,801,000 in the previous quarter[40] Growth and Expansion - The company plans to expand with new projects, including a new lending headquarters in Shreveport expected to be completed in summer 2026[10] - The bank operates 28 banking centers and two loan and deposit production offices across Louisiana[34] Equity and Valuation - Total stockholders' equity rose by $13.8 million, or 3.9%, from $351.3 million to $365.2 million, driven by $11.4 million in net income[30] - Total stockholders' equity increased to $365,150,000 as of December 31, 2025, compared to $351,311,000 in the previous quarter, reflecting a 3.77% growth[40] - The book value per share increased to $55.52 as of December 31, 2025, compared to $47.18 a year earlier, reflecting a growth of 17.73%[49] - Tangible common equity as of December 31, 2025, was $363,604 thousand, up from $318,193 thousand in 2024, indicating a growth of 14.26%[49] - The total stockholders' equity to assets ratio was 10.90% as of December 31, 2025, slightly down from 10.93% in the previous quarter, showing stability in capital structure[49]

Core Insights - Red River Bancshares, Inc. reported record-high net income for both the fourth quarter and the full year of 2025, with net income of $11.4 million for Q4 and $42.8 million for the year, representing increases of 5.7% and 24.9% respectively compared to previous periods [2][3][5]. Financial Performance - For Q4 2025, net income was $11.4 million, or $1.73 per diluted share, compared to $10.8 million, or $1.63 per diluted share in Q3 2025 [2]. - The return on assets for Q4 2025 was 1.38%, and the return on equity was 12.60% [2]. - For the full year 2025, net income was $42.8 million, or $6.38 per diluted share, compared to $34.2 million, or $4.95 per diluted share in 2024 [3]. Operational Highlights - The fourth quarter of 2025 saw a record-high quarterly net income, improved net interest margin, and solid growth in loans, deposits, and assets [4]. - Loans held for investment increased to $2.25 billion, up $75.6 million, or 3.5% from Q3 2025 [17]. - Total assets reached $3.35 billion, an increase of $136.5 million, or 4.2% from the previous quarter, driven by a $124.6 million increase in deposits [4][22]. Deposits and Loans - Total deposits as of December 31, 2025, were $2.96 billion, up $124.6 million, or 4.4% from September 30, 2025, primarily due to seasonal inflows from public entity customers [22]. - The company experienced robust loan growth, with loans HFI increasing 8.4% for the year 2025 [7]. Stockholder Returns - The company paid a quarterly cash dividend of $0.15 per common share in Q4 2025, with a total cash dividend of $0.54 per share for the year, a 50% increase from $0.36 in 2024 [4][5]. Stock Repurchase Program - The company renewed and increased its stock repurchase program for 2026, authorizing up to $10.0 million for share buybacks [4]. Interest Income and Margin - Net interest income for Q4 2025 was $28.2 million, a 5.0% increase from Q3 2025, with a net interest margin FTE of 3.51%, up 8 basis points [9][6]. - The average rate on new and renewed loans was 6.72% for Q4 2025 [9]. Credit Quality - Nonperforming assets (NPAs) totaled $3.5 million as of December 31, 2025, an increase of 44.9% from the previous quarter, with a ratio of NPAs to assets at 0.11% [20]. - The allowance for credit losses (ACL) was $23.4 million, with a ratio of ACL to loans HFI at 1.04% [21].

Core Viewpoint - Red River Bancshares, Inc. has announced the renewal and increase of its stock repurchase program, allowing the company to buy back up to $10.0 million of its common stock from January 1, 2026, to December 31, 2026, aiming to maximize shareholder value [1] Company Overview - Red River Bancshares, Inc. is the bank holding company for Red River Bank, established in 1999, providing a comprehensive range of banking products and services tailored for commercial and retail customers [2] - The bank operates 28 banking centers across Louisiana and has two combined loan and deposit production offices located in New Orleans and Lafayette [2] - The banking centers serve various markets in Louisiana, including Alexandria, Shreveport-Bossier City, Baton Rouge, Lake Charles, Covington, Lafayette, and New Orleans [2]

Financial Performance - Net income for Q3 2025 was $10.8 million, or $1.63 diluted EPS, a 5.9% increase from $10.2 million, or $1.51 diluted EPS in Q2 2025[109] - For the nine months ended September 30, 2025, net income was $31.3 million, a 25.8% increase from $24.9 million in the same period of 2024[115] - Noninterest income increased by $307,000 to $5.0 million for Q3 2025 compared to $4.7 million for Q2 2025, driven by higher brokerage income and service charges on deposit accounts[136] - Noninterest income decreased by $431,000 to $15.0 million for the nine months ended September 30, 2025, primarily due to lower SBIC income and loan and deposit income[140] - The efficiency ratio improved to 56.06% in Q3 2025, compared to 56.87% in Q2 2025[114] Interest Income and Margin - Net interest income for Q3 2025 was $26.9 million, up $1.1 million, or 4.1%, from $25.8 million in the prior quarter[109] - Net interest income for the nine months ended September 30, 2025, was $77.3 million, a 17.8% increase from $65.6 million in the same period of 2024[123] - The net interest margin FTE increased by 7 basis points to 3.43% in Q3 2025, compared to 3.36% in the previous quarter[119] - The yield on securities increased by 48 basis points due to the purchase of $41.1 million in securities in Q4 2024 and an additional $146.7 million during the nine months ended September 30, 2025[127] - The yield on loans rose by 29 basis points, attributed to higher rates on new and renewed loans compared to the existing portfolio yield[127] Assets and Deposits - Total assets as of September 30, 2025, were $3.21 billion, an increase from $3.17 billion as of June 30, 2025[110] - Total deposits reached $2.84 billion, an increase of $28.2 million, or 1.0%, compared to $2.81 billion as of June 30, 2025[109] - Noninterest-bearing deposits rose by $52.5 million, or 6.1%, to $919 million, representing 32.37% of total deposits as of September 30, 2025[193] - Total loans held for investment (HFI) increased by $98.06 million, or 4.7%, to $2.173 billion as of September 30, 2025, compared to $2.075 billion as of December 31, 2024[176] - Total securities increased by $79.7 million, or 11.6%, to $764.6 million, representing 23.79% of total assets as of September 30, 2025[160] Expenses and Provisions - Operating expenses increased by $2.5 million to $51.8 million for the nine months ended September 30, 2025, mainly due to higher personnel and occupancy expenses[150] - The provision for credit losses for the nine months ended September 30, 2025, was $1.55 million, an increase of $650,000 or 72.2% from $900,000 for the same period in 2024[134] - Income tax expense for the nine months ended September 30, 2025, totaled $7.6 million, an increase of $1.7 million or 28.4% compared to the prior year[159] Stockholder Equity - Total stockholders' equity as of September 30, 2025, was $351.3 million, reflecting a $31.6 million, or 9.9%, increase from $319.7 million as of December 31, 2024[199] - Total tangible common equity (non-GAAP) reached $349,765,000, compared to $333,804,000 in the previous quarter, marking a quarterly increase of 4.78%[245] - Book value per share rose to $53.42, up from $50.23 in June 2025 and $47.51 in September 2024, indicating a year-over-year increase of 12.06%[245] - The ratio of total stockholders' equity to assets improved to 10.93% as of September 30, 2025, compared to 10.59% in June 2025 and 10.46% in September 2024[245] Loans and Credit Quality - Nonperforming assets (NPAs) decreased by $832,000, or 25.4%, to $2.4 million as of September 30, 2025, from $3.3 million as of December 31, 2024[182] - The allowance for credit losses (ACL) increased by $1.1 million to $22.8 million, or 1.05% of loans HFI, as of September 30, 2025[189] - The provision for credit losses on loans for the nine months ended September 30, 2025, was $1.6 million, an increase of $750,000, or 93.8%, from $800,000 for the same period in 2024[190] Operational Developments - The company opened a new loan and deposit production office in Lafayette, Louisiana, in Q3 2025[111] - The stock repurchase program had $4.3 million of available capacity as of September 30, 2025[111] - The company repurchased 11,748 shares of common stock at an aggregate cost of $656,000 for the nine months ended September 30, 2025[203]

Core Insights - Red River Bancshares (RRBI) reported quarterly earnings of $1.63 per share, exceeding the Zacks Consensus Estimate of $1.55 per share, and up from $1.27 per share a year ago, representing an earnings surprise of +5.16% [1] - The company achieved revenues of $31.91 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.93%, compared to $27.88 million in the same quarter last year [2] - Red River Bancshares has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Performance - The company has shown a strong performance with a year-to-date stock increase of approximately 23%, compared to the S&P 500's gain of 17.2% [3] - The current consensus EPS estimate for the upcoming quarter is $1.60, with expected revenues of $31.06 million, and for the current fiscal year, the EPS estimate is $6.17 on revenues of $121.83 million [7] Market Outlook - The Zacks Industry Rank places the Banks - Southwest sector in the top 14% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - The estimate revisions trend for Red River Bancshares was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]

Financial Performance - Net income for Q3 2025 was $10.8 million, or $1.63 per diluted share, a 5.9% increase from Q2 2025's $10.2 million, or $1.51 EPS [3] - Net income for the third quarter of 2025 was $10.801 million, compared to $10.196 million in the previous quarter, marking an increase of 5.9% [39] - Earnings per share (diluted) rose to $1.63 for the third quarter of 2025, up from $1.51 in the previous quarter, reflecting an increase of 7.9% [39] - The return on average assets improved to 1.34% for the third quarter of 2025, compared to 1.30% in the previous quarter [39] - The efficiency ratio improved to 56.06% in the third quarter of 2025, down from 56.87% in the previous quarter, indicating better cost management [39] Income and Revenue - Net interest income for Q3 2025 was $26.9 million, a $1.1 million, or 4.1%, increase from Q2 2025 [12] - Noninterest income totaled $5.0 million for Q3 2025, a 6.5% increase from the previous quarter [14] - Interest and fees on loans amounted to $30,612,000 for the three months ended September 30, 2025, compared to $29,500,000 in the previous quarter, reflecting a growth of 3.8% [43] - Net interest income for the three months ended September 30, 2025, was $26,886,000, an increase of 4.1% compared to $25,819,000 in the previous quarter [43] - For the nine months ended September 30, 2025, net interest income reached $77,315 thousand, an increase from $65,607 thousand for the same period in 2024, marking a growth of 17.92% [48] Assets and Deposits - Total assets increased to $3,214,363,000 as of September 30, 2025, up from $3,168,092,000 in the previous quarter, representing a growth of 1.5% [41] - Total deposits reached $2.84 billion, an increase of $28.2 million, or 1.0%, compared to $2.81 billion as of June 30, 2025 [25] - Total deposits rose to $2,838,783,000 as of September 30, 2025, compared to $2,810,605,000 in the previous quarter, marking an increase of 1.0% [41] - Loans held for investment increased to $2.17 billion, up $34.5 million, or 1.6%, from $2.14 billion as of June 30, 2025 [19] Equity and Dividends - Stockholders' equity increased by $16.0 million, or 4.8%, from $335.4 million to $351.3 million during the third quarter of 2025 [30] - The cash dividend for Q3 2025 was increased by 25.0% to $0.15 per common share, up from $0.12 in the previous quarters [6] - Total stockholders' equity increased to $351,311,000 as of September 30, 2025, from $335,350,000 in the previous quarter, representing a growth of 4.0% [41] - Book value per share rose to $53.42 as of September 30, 2025, compared to $50.23 in the previous quarter, indicating an increase of 4.35% [51] Credit Quality - The provision for credit losses was $650,000, an increase of $200,000 from the prior quarter's $450,000 [23] - Nonperforming assets totaled $2.4 million, or 0.08% of assets, reflecting an increase of 83.9% from June 30, 2025 [22] Operational Developments - The company opened a new loan and deposit production office in Lafayette, Louisiana, as part of its expansion strategy [11] - Total operating expenses increased to $17,889,000 for the three months ended September 30, 2025, up from $17,367,000 in the previous quarter, a rise of 3.0% [43] Interest Margin - The net interest margin FTE improved to 3.43%, up 7 basis points from the previous quarter [8] - The net interest margin increased to 3.38% for the third quarter of 2025, compared to 3.31% in the previous quarter [39] - The net interest spread improved to 2.47% for the three months ended September 30, 2025, compared to 2.41% in the previous quarter, indicating enhanced efficiency in interest income generation [45]

Core Insights - Red River Bancshares, Inc. reported a net income of $10.8 million for Q3 2025, representing a 5.9% increase from the previous quarter's net income of $10.2 million [2][4] - The company achieved a record-high net income driven by improved net interest margins and solid loan activity despite unexpected paydowns [5][6] - The quarterly cash dividend was increased by 25% to $0.15 per share, reflecting the company's commitment to returning value to shareholders [4][5] Financial Performance - For the nine months ended September 30, 2025, net income was $31.3 million, up from $24.9 million for the same period in 2024, with EPS increasing from $3.59 to $4.65 [3][36] - The return on assets for Q3 2025 was 1.34%, and the return on equity was 12.62% [2][36] - Net interest income for Q3 2025 was $26.9 million, a 4.1% increase from the previous quarter, with a net interest margin FTE of 3.43% [10][36] Loan and Deposit Growth - Loans held for investment increased to $2.17 billion, a rise of 1.6% from the previous quarter, with solid new loan activity [4][17] - Total deposits reached $2.84 billion, up 1.0% from the previous quarter, driven by increased noninterest-bearing and time deposits [23][24] - The company opened a new loan and deposit production office in Lafayette, Louisiana, to enhance its service capabilities [5][9] Asset Quality and Credit Losses - Nonperforming assets totaled $2.4 million, representing 0.08% of total assets, with an allowance for credit losses of $22.8 million, or 1.05% of loans held for investment [20][22] - The provision for credit losses for Q3 2025 was $650,000, an increase from $450,000 in the prior quarter [22][36] Capital Management - Total stockholders' equity increased by 4.8% to $351.3 million as of September 30, 2025, supported by net income and market adjustments [28][29] - The company has a strong capital position with a stockholders' equity to assets ratio of 10.93% and a risk-based capital ratio of 18.18% [36][38] Market Outlook - The economic outlook for Louisiana is optimistic, with expected job growth and improved loan demand as uncertainties related to tariffs and interest rates diminish [7][8] - The Federal Reserve's recent rate cuts are anticipated to influence the company's interest income and margin management strategies moving forward [8][11]