STOCK TITAN

Red River Bancshares Inc - RRBI STOCK NEWS

Welcome to our dedicated news page for Red River Bancshares (Ticker: RRBI), a resource for investors and traders seeking the latest updates and insights on Red River Bancshares.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Red River Bancshares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Red River Bancshares's position in the market.

Rhea-AI Summary
Red River Bancshares, Inc. (RRBI) announced a 12.5% increase in quarterly cash dividend to $0.09 per share, payable on March 21, 2024. This move showcases the company's commitment to returning capital to shareholders and maintaining strong capital ratios.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
Tags
dividends
-
Rhea-AI Summary
Red River Bancshares, Inc. (RRBI) announced its financial results for Q4 and year-end 2023. Net income for Q4 was $8.3M, an increase of 3.4% from the previous quarter. Full-year net income was $34.9M, a decrease of 5.5% from 2022. The Company's assets increased by 2.0% to $3.13B. They also completed a stock repurchase program and approved a new one for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
-
Rhea-AI Summary
Red River Bancshares, Inc. announced the appointment of Michael J. Brown, CFA, as a new director to the board of directors of the Company and Red River Bank. Mr. Brown brings over 30 years of experience in the financial services industry, including roles at Wachovia Corporate Services, First Commerce Corporation, IBERIABANK, and First Horizon Bank. He also served on the board of directors of Amerisafe, a publicly-traded insurance company, since 2014. The Company's President and CEO, Blake Chatelain, expressed enthusiasm for Michael's appointment, highlighting his expertise in banking operations and strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
management
Rhea-AI Summary
Red River Bancshares, Inc. (Nasdaq: RRBI) has announced the renewal of its stock repurchase program, authorizing the purchase of up to $5.0 million of its outstanding shares of common stock from January 1, 2024, through December 31, 2024. The current program expired on December 31, 2023, after the full $5.0 million authorized was purchased on December 8, 2023. Blake Chatelain, the Company’s President and Chief Executive Officer, expressed the Company’s commitment to creating long-term value for its shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.36%
Tags
buyback
-
Rhea-AI Summary
Red River Bancshares, Inc. (Nasdaq: RRBI) announced its unaudited financial results for Q3 2023. Net income was $8.0 million, a decrease of 10.6% compared to the previous quarter. Return on assets was 1.05% and return on equity was 11.15%. Total assets were $3.07 billion, with a $95.7 million increase in deposits. Loans held for investment remained consistent at $1.95 billion. Net interest income decreased due to higher deposit costs. The company repurchased $1.2 million of its common stock in Q3 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.83%
Tags
-
Rhea-AI Summary
Red River Bancshares declares quarterly cash dividend of $0.08 per share of common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.97%
Tags
dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.02%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.02%
Tags
dividends
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.66%
Tags
dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
Red River Bancshares Inc

Nasdaq:RRBI

RRBI Rankings

RRBI Stock Data

324.34M
4.88M
30.7%
21.77%
0.26%
Commercial Banking
Finance and Insurance
Link
US
Alexandria

About RRBI

red river bank is a louisiana community bank founded in 1999 offering financial services for personal, commercial and small business needs. we offer solutions to meet our customers’ needs and expectations—on multiple levels. when that regular, face-to-face transaction in our banking centers is needed, we’re conveniently located and accessible. when it’s a more complex situation where that extra special attention is needed, our dedicated team is here to provide guidance and advice, when and where you need us. whether you need cash management tools for your company, or 24/7 access to your personal accounts, we can make that happen. from person-to-person banking to real estate or construction loans, we’ve got the tools our customers want and need.