RRBI

MKT CAP:$614M

Red River Bancshares, Inc.

Market Cap

$614M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$94.28+$24.36 (+34.85%)

Apr 24, 2026

Company Details

Red River Bancshares, Inc. operates as a bank holding company for Red River Bank that provides banking products and services to commercial and retail customers in Louisiana. The company provides various deposit products, including checking,...

CEO

Ronald Blake Chatelain

IPO Date

May 3, 2019

Website

www.redriverbank.net

Key Metrics TTM

Revenue

$169M

+7.9% YoY

Net Income

$43M

EPS (Diluted)

$6.39

Free Cash Flow

$38M

Revenue / Share

$25.60

Gross Margin

72.4%

Operating Margin

31.4%

Net Margin

25.3%

FCF Margin

22.6%

P/S

3.6x

P/E

14.3x

Earnings Reports

Q1 2026

Apr 29, 2026

PENDING

FY 2025

Mar 12, 2026

$170M+8.3%EPS $6.38

Q4 2025

Mar 12, 2026

$44M+9.6%EPS $1.73

Q3 2025

Nov 6, 2025

$43M+7.0%EPS $1.63

Q2 2025

Aug 7, 2025

$41M+6.7%EPS $1.51

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$24M	$23M	$9M
Q2 22	$27M	$26M	$11M
Q3 22	$30M	$27M	$12M
Q4 22	$31M	$27M	$12M
Q1 23	$32M	$27M	$12M
Q2 23	$34M	$27M	$11M
Q3 23	$36M	$26M	$10M
Q4 23	$37M	$26M	$10M
Q1 24	$38M	$26M	$10M
Q2 24	$38M	$26M	$10M
Q3 24	$40M	$27M	$11M
Q4 24	$40M	$28M	$12M
Q1 25	$41M	$29M	$13M
Q2 25	$41M	$30M	$13M
Q3 25	$43M	$31M	$13M
Q4 25	$44M	$32M	$14M

Valuation

Quarter	P/S	P/E
Q1 22	3.8x	11.9x
Q2 22	4.0x	12.2x
Q3 22	3.5x	10.5x
Q4 22	3.1x	9.4x
Q1 23	2.9x	8.9x
Q2 23	2.8x	9.2x
Q3 23	2.4x	8.8x
Q4 23	2.7x	10.9x
Q1 24	2.4x	10.2x
Q2 24	2.3x	10.4x
Q3 24	2.3x	10.8x
Q4 24	2.3x	10.7x
Q1 25	2.2x	9.8x
Q2 25	2.4x	10.3x
Q3 25	2.7x	10.8x
Q4 25	2.9x	11.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$9M	$6M
Q2 22	$9M	$7M
Q3 22	$17M	$16M
Q4 22	$11M	$8M
Q1 23	$13M	$12M
Q2 23	$5M	$4M
Q3 23	$14M	$13M
Q4 23	$8M	$7M
Q1 24	$14M	$13M
Q2 24	$2M	$1M
Q3 24	$17M	$17M
Q4 24	$4M	$2M
Q1 25	$14M	$14M
Q2 25	$4M	$4M
Q3 25	$16M	$16M
Q4 25	$6M	$5M

Capital Expenditures

Quarter	CapEx
Q1 22	$3M
Q2 22	$2M
Q3 22	$1M
Q4 22	$2M
Q1 23	$1M
Q2 23	$1M
Q3 23	$1M
Q4 23	$1M
Q1 24	$1M
Q2 24	$973.0K
Q3 24	$395.0K
Q4 24	$2M
Q1 25	$258.0K
Q2 25	$267.0K
Q3 25	$664.0K
Q4 25	$783.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	-5.5%	-3.7%
Q2 22	+9.3%	+7.7%
Q3 22	+19.5%	+16.4%
Q4 22	+23.2%	+24.5%
Q1 23	+31.2%	+30.9%
Q2 23	+25.8%	+45.5%
Q3 23	+20.5%	+49.2%
Q4 23	+17.7%	+41.2%
Q1 24	+19.1%	+38.4%
Q2 24	+12.5%	+23.6%
Q3 24	+12.2%	+13.3%
Q4 24	+9.0%	+7.4%
Q1 25	+8.1%	+1.2%
Q2 25	+6.7%	-0.9%
Q3 25	+7.0%	+0.8%
Q4 25	+9.6%	+4.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$83.0K	0.3%
Q2 22	$82.0K	0.3%
Q3 22	$94.0K	0.3%
Q4 22	$100.0K	0.3%
Q1 23	$79.0K	0.2%
Q2 23	$103.0K	0.3%
Q3 23	$87.0K	0.2%
Q4 23	$92.0K	0.2%
Q1 24	$101.0K	0.3%
Q2 24	$124.0K	0.3%
Q3 24	$101.0K	0.3%
Q4 24	$106.0K	0.3%
Q1 25	$111.0K	0.3%
Q2 25	$139.0K	0.3%
Q3 25	$125.0K	0.3%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 22	$8M	$219.0K
Q2 22	$9M	$306.0K
Q3 22	$9M	$316.0K
Q4 22	$9M	$293.0K
Q1 23	$9M	$281.0K
Q2 23	$10M	$343.0K
Q3 23	$9M	$331.0K
Q4 23	$9M	$347.0K
Q1 24	$10M	$337.0K
Q2 24	$10M	$408.0K
Q3 24	$10M	$317.0K
Q4 24	$10M	$313.0K
Q1 25	$10M	$333.0K
Q2 25	$10M	$286.0K
Q3 25	$11M	$293.0K
Q4 25	$13M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$547M	$811M	$1.4B
Q2 22	$356M	$651M	$1.0B
Q3 22	$301M	$610M	$911M
Q4 22	$278M	$614M	$893M
Q1 23	$229M	$612M	$841M
Q2 23	$222M	$588M	$811M
Q3 23	$322M	$529M	$851M
Q4 23	$305M	$570M	$876M
Q1 24	$230M	$546M	$776M
Q2 24	$213M	$527M	$740M
Q3 24	$233M	$561M	$793M
Q4 24	$269M	$18M	$287M
Q1 25	$252M	$11M	$263M
Q2 25	$42M	$567M	$609M
Q3 25	$161M	$4M	$165M
Q4 25	$26M	$647M	$673M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	7M	-0.7%	-1.9%
Q2 22	7M	-0.0%	-1.7%
Q3 22	7M	+0.0%	-1.3%
Q4 22	7M	+0.0%	-0.7%
Q1 23	7M	-0.0%	-0.0%
Q2 23	7M	-0.0%	-0.0%
Q3 23	7M	-0.2%	-0.2%
Q4 23	7M	-0.5%	-0.7%
Q1 24	7M	-1.1%	-1.8%
Q2 24	7M	-2.2%	-3.9%
Q3 24	7M	-0.7%	-4.4%
Q4 24	7M	-0.7%	-4.6%
Q1 25	7M	-0.3%	-3.8%
Q2 25	7M	-0.5%	-2.2%
Q3 25	7M	-1.8%	-3.3%
Q4 25	7M	-0.6%	-3.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$67.8K	358
Q2 22	$75.9K	358
Q3 22	$82.7K	358
Q4 22	$89.5K	351
Q1 23	$90.8K	351
Q2 23	$97.4K	351
Q3 23	$101.6K	351
Q4 23	$102.1K	362
Q1 24	$104.8K	362
Q2 24	$106.3K	362
Q3 24	$110.6K	362
Q4 24	$109.2K	369
Q1 25	$111.2K	369
Q2 25	$111.2K	369
Q3 25	$116.0K	369
Q4 25	$117.7K	375

Revenue / Employee