Red River Bancshares: Fourth Quarter Earnings Overview

Red River Bancshares Announces Fourth Quarter Financial Results

Red River Bancshares Inc., headquartered in Alexandria, Louisiana, revealed on Friday that it achieved a net profit of $11.4 million during the fourth quarter.

The company reported earnings of $1.73 per share for the period.

As the parent company of Red River Bank, it recorded total revenue of $44.1 million for the quarter. After accounting for interest expenses, net revenue reached $33.2 million, surpassing analysts’ expectations.

Over the full year, Red River Bancshares posted a total profit of $42.8 million, translating to $6.38 per share, with annual revenue amounting to $125.5 million.