Red River Bancshares (NASDAQ:RRBI) Posts Quarterly Earnings Results, Beats Expectations By $0.14 EPS

Red River Bancshares (NASDAQ:RRBI) released its quarterly earnings data on Thursday. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.23 by $0.14, Zacks reports. Red River Bancshares had a return on equity of 10.76% and a net margin of 21.42%.

Red River Bancshares Trading Up 2.2 %

Shares of RRBI traded up $1.18 on Thursday, reaching $55.53. The company’s stock had a trading volume of 6,262 shares, compared to its average volume of 14,805. The stock has a market capitalization of $376.49 million, a PE ratio of 11.69 and a beta of 0.63. Red River Bancshares has a twelve month low of $42.78 and a twelve month high of $62.13. The firm has a fifty day moving average of $55.64 and a 200-day moving average of $53.67.

About Red River Bancshares

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, saving, money market accounts, and time deposits. It offers commercial real estate loans; one-to-four family mortgage loans and home equity lines of credit; construction and development loans; commercial and industrial loans; small business administration paycheck protection program loans; tax-exempt loans; consumer loans to individuals for personal, family, and household purposes, including secured and unsecured installment and term loans; home mortgage loans; and lines of credit and standby letters of credit.