Red River Bancshares Q2 net income up 27.7% y/y

Red River Bancshares

30/07/2025 13:40

Overview

Red River Bancshares Q2 net income rises 27.7% yr/yr to $10.2 mln

Net interest income increased by $1.2 mln, driven by improved margin and loan growth

Company completed significant stock repurchase transactions in Q2 2025

Outlook

Red River Bancshares expects net interest income to increase slightly in H2 2025

Company anticipates maintaining consistent deposit costs in H2 2025

Red River Bancshares monitoring economic conditions and interest rates closely

Result Drivers

NET INTEREST INCOME - Increased by $1.2 mln due to higher securities and loan yields and lower deposit costs

OPERATING EXPENSES - Rose by $779,000 due to higher data processing and personnel expenses

LOAN GROWTH - Steady new loan activity, though slower due to macroeconomic uncertainties

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$1.51
Q2 Net Income
$10.20 mln
Q2 Net Interest Income
$25.80 mln
Q2 Basic EPS
$1.51
Q2 ROE
12.3%


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "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 $69.25, about 12.9% above its July 29 closing price of $60.35

Press Release: ID:nGNXJMz72

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)