Red River Bancshares Inc reports results for the quarter ended June 30 - Earnings Summary
Red River Bancshares Inc reports results for the quarter ended June 30 - Earnings Summary
Red River Bancshares Inc RRBI.OQ reported quarterly adjusted earnings of $1.78 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.51. The mean expectation of three analysts for the quarter was for earnings of $1.76 per share. Wall Street expected results to range from $1.73 to $1.80 per share.
Revenue rose 12.2% to $28.97 million from a year ago; analysts expected $31.32 million.
Red River Bancshares Inc's reported EPS for the quarter was $1.78.
The company reported quarterly net income of $11.76 million.
Red River Bancshares Inc shares had risen by 11.4% this quarter and gained 42.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.2% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for Red River Bancshares Inc is $103.00, about 1.3% above its last closing price of $101.68
This summary was machine generated from LSEG data July 30 at 07:10 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.76 | 1.78 | Beat |
Mar. 31 2026 | 1.68 | 1.81 | Beat |
Dec. 31 2025 | 1.61 | 1.73 | Beat |
Sep. 30 2025 | 1.53 | 1.63 | Beat |
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