Red River Bancshares Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Red River Bancshares's revenue surged 15.7% year-over-year to $137.2M, reflecting rapid business expansion. This strong growth earns a score of 74/100.
Red River Bancshares has elevated debt relative to equity (D/E of 8.85), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Red River Bancshares converts 24.3% of revenue into free cash flow ($33.4M). This strong cash generation earns a score of 100/100.
Red River Bancshares's ROE of 10.7% shows moderate profitability relative to equity, earning a score of 43/100. This is down from 11.5% the prior year.
Red River Bancshares passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Red River Bancshares generates $1.12 in operating cash flow ($38.3M OCF vs $34.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
This page shows Red River Bancshares (RRBI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Red River Bancshares generated $137.2M in revenue in fiscal year 2024. This represents an increase of 15.7% from the prior year.
Red River Bancshares generated $33.4M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 5.1% from the prior year.
Red River Bancshares reported $34.2M in net income in fiscal year 2024. This represents a decrease of 1.8% from the prior year.
Red River Bancshares earned $4.95 per diluted share (EPS) in fiscal year 2024. This represents an increase of 1.9% from the prior year.
Red River Bancshares held $269.0M in cash against $0 in long-term debt as of fiscal year 2024.
Red River Bancshares paid $0.36 per share in dividends in fiscal year 2024. This represents an increase of 12.5% from the prior year.
Red River Bancshares had 7M shares outstanding in fiscal year 2024. This represents a decrease of 4.4% from the prior year.
Red River Bancshares's net profit margin was 24.9% in fiscal year 2024, showing the share of revenue converted to profit. This is down 4.5 percentage points from the prior year.
Red River Bancshares's ROE was 10.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 0.8 percentage points from the prior year.
Red River Bancshares spent $16.3M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 226.2% from the prior year.
Red River Bancshares invested $4.9M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 0.8% from the prior year.
RRBI Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $38.1M+3.9% | $36.7M+2.6% | $35.8M+0.5% | $35.6M+2.1% | $34.9M+3.6% | $33.7M+2.0% | $33.0M+3.0% | $32.0M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $11.3M+3.2% | $10.9M-2.6% | $11.2M-6.2% | $11.9M-4.0% | $12.4M+4.6% | $11.9M+2.1% | $11.7M+8.4% | $10.7M |
| Income Tax | $2.6M+1.9% | $2.5M+1.3% | $2.5M+11.4% | $2.2M+8.0% | $2.1M+8.4% | $1.9M-1.1% | $1.9M+0.7% | $1.9M |
| Net Income | $10.8M+5.9% | $10.2M-1.5% | $10.4M+11.2% | $9.3M+6.3% | $8.8M+9.6% | $8.0M-2.5% | $8.2M-1.3% | $8.3M |
| EPS (Diluted) | $1.63+7.9% | $1.51-0.7% | $1.52+10.9% | $1.37+7.9% | $1.27+9.5% | $1.160.0% | $1.160.0% | $1.16 |
RRBI Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.2B+1.5% | $3.2B-0.6% | $3.2B+1.2% | $3.1B+1.5% | $3.1B+1.7% | $3.0B-0.8% | $3.1B-1.8% | $3.1B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $161.1M-23.5% | $210.4M-16.5% | $252.2M-6.3% | $269.0M+15.6% | $232.6M+9.2% | $213.1M-7.3% | $229.8M-24.8% | $305.4M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $2.9B+1.1% | $2.8B-0.7% | $2.9B+0.8% | $2.8B+1.9% | $2.8B+1.3% | $2.7B-1.2% | $2.8B-1.8% | $2.8B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $351.3M+4.8% | $335.4M+0.6% | $333.3M+4.2% | $319.7M-1.4% | $324.3M+5.6% | $307.0M+2.6% | $299.3M-1.5% | $303.9M |
| Retained Earnings | $367.3M+2.7% | $357.5M+2.7% | $348.1M+2.8% | $338.6M+2.6% | $329.9M+2.5% | $321.7M+2.3% | $314.4M+2.5% | $306.8M |
RRBI Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $16.5M+334.4% | $3.8M-72.7% | $13.9M+242.0% | $4.1M-76.6% | $17.4M+620.4% | $2.4M-83.3% | $14.4M+78.2% | $8.1M |
| Capital Expenditures | $664K+148.7% | $267K+3.5% | $258K-89.5% | $2.5M+522.5% | $395K-59.4% | $973K-7.4% | $1.1M-12.8% | $1.2M |
| Free Cash Flow | $15.8M+348.5% | $3.5M-74.2% | $13.7M+748.7% | $1.6M-90.5% | $17.0M+1079.8% | $1.4M-89.2% | $13.4M+94.1% | $6.9M |
| Investing Cash Flow | -$87.8M-267.5% | -$23.9M+52.7% | -$50.5M-123.6% | -$22.6M+8.5% | -$24.7M-314.8% | $11.5M+149.1% | -$23.4M+63.1% | -$63.4M |
| Financing Cash Flow | $21.9M+201.2% | -$21.6M-209.5% | $19.8M-64.0% | $54.8M+104.2% | $26.9M+187.7% | -$30.6M+54.0% | -$66.6M-272.9% | $38.5M |
| Dividends Paid | $987K+23.2% | $801K-1.5% | $813K+33.3% | $610K-0.8% | $615K-0.8% | $620K-2.8% | $638K+12.1% | $569K |
| Share Buybacks | $5.3M-7.9% | $5.8M | $0-100.0% | $2.5M-15.8% | $3.0M+294.1% | $764K-92.4% | $10.0M+245.3% | $2.9M |
RRBI Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 28.3%+0.6pp | 27.8%-1.2pp | 28.9%+2.8pp | 26.1%+1.0pp | 25.1%+1.4pp | 23.7%-1.1pp | 24.8%-1.1pp | 25.9% |
| Return on Equity | 3.1%+0.0pp | 3.0%-0.1pp | 3.1%+0.2pp | 2.9%+0.2pp | 2.7%+0.1pp | 2.6%-0.1pp | 2.7%0.0pp | 2.7% |
| Return on Assets | 0.3%+0.0pp | 0.3%0.0pp | 0.3%+0.0pp | 0.3%+0.0pp | 0.3%+0.0pp | 0.3%-0.0pp | 0.3%0.0pp | 0.3% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 8.15-0.3 | 8.45-0.1 | 8.56-0.3 | 8.85+0.3 | 8.56-0.4 | 8.93-0.3 | 9.27-0.0 | 9.30 |
| FCF Margin | 41.5%+31.9pp | 9.6%-28.5pp | 38.1%+33.6pp | 4.5%-44.2pp | 48.7%+44.4pp | 4.3%-36.2pp | 40.5%+19.0pp | 21.5% |
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Frequently Asked Questions
What is Red River Bancshares's annual revenue?
Red River Bancshares (RRBI) reported $137.2M in total revenue for fiscal year 2024. This represents a 15.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Red River Bancshares's revenue growing?
Red River Bancshares (RRBI) revenue grew by 15.7% year-over-year, from $118.6M to $137.2M in fiscal year 2024.
Is Red River Bancshares profitable?
Yes, Red River Bancshares (RRBI) reported a net income of $34.2M in fiscal year 2024, with a net profit margin of 24.9%.
What is Red River Bancshares's earnings per share (EPS)?
Red River Bancshares (RRBI) reported diluted earnings per share of $4.95 for fiscal year 2024. This represents a 1.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Red River Bancshares's net profit margin?
Red River Bancshares (RRBI) had a net profit margin of 24.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Red River Bancshares pay dividends?
Yes, Red River Bancshares (RRBI) paid $0.36 per share in dividends during fiscal year 2024.
What is Red River Bancshares's return on equity (ROE)?
Red River Bancshares (RRBI) has a return on equity of 10.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Red River Bancshares's free cash flow?
Red River Bancshares (RRBI) generated $33.4M in free cash flow during fiscal year 2024. This represents a -5.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Red River Bancshares's operating cash flow?
Red River Bancshares (RRBI) generated $38.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Red River Bancshares's total assets?
Red River Bancshares (RRBI) had $3.1B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Red River Bancshares's capital expenditures?
Red River Bancshares (RRBI) invested $4.9M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Red River Bancshares buy back shares?
Yes, Red River Bancshares (RRBI) spent $16.3M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Red River Bancshares have outstanding?
Red River Bancshares (RRBI) had 7M shares outstanding as of fiscal year 2024.
What is Red River Bancshares's debt-to-equity ratio?
Red River Bancshares (RRBI) had a debt-to-equity ratio of 8.85 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Red River Bancshares's return on assets (ROA)?
Red River Bancshares (RRBI) had a return on assets of 1.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Red River Bancshares's Piotroski F-Score?
Red River Bancshares (RRBI) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Red River Bancshares's earnings high quality?
Red River Bancshares (RRBI) has an earnings quality ratio of 1.12x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Red River Bancshares?
Red River Bancshares (RRBI) scores 54 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.