Red River Bancshares Inc - Understand $rrbi stock

$RRBI Market Cap: $413.7 Million

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Financial Snapshot

Revenue

$133.6M

TTM

Gross Margin

Net Earnings

$33.22M

TTM

Current Assets

Current Liabilities

$30.31M

Q3 2024

Current Ratio

Total Assets

$3.102B

Q3 2024

Total Liabilities

$2.777B

Q3 2024

Book Value

$324.3M

Q3 2024

Cash

$232.6M

Q3 2024

P/E

12.45

Nov 29, 2024 EST

Free Cash Flow

$38.68M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$118.6M	$94.38M	$77.34M	$77.38M	$73.73M	$66.89M
YoY Change	25.63%	22.03%	-0.05%	4.95%	10.22%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018
Revenue	$118.6M	$94.38M	$77.34M	$77.38M	$73.73M	$66.89M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.200M	$2.100M	$1.900M	$1.900M	$1.700M	$1.659M	$2.040M	$2.240M
YoY Change	4.76%	10.53%	0.0%	11.76%	2.47%	-18.68%	-8.93%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018
Interest Expense	$32.13M	$7.736M	$5.617M	$8.378M	$10.09M	$7.649M
YoY Change	315.33%	37.72%	-32.96%	-16.93%	31.86%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Pretax Income	$42.94M	$44.98M	$40.06M	$34.47M	$30.46M	$28.36M	$22.53M	$20.71M	$18.61M	$17.36M
YoY Change	-4.53%	12.28%	16.22%	13.14%	7.43%	25.86%	8.79%	11.28%	7.2%
Income Tax	$8.065M	$8.065M	$7.108M	$6.323M	$5.640M	$5.300M	$6.350M	$5.610M	$4.650M	$4.290M
% Of Pretax Income	18.78%	17.93%	17.74%	18.34%	18.51%	18.69%	28.18%	27.09%	24.99%	24.71%
Net Earnings	$34.88M	$36.92M	$32.95M	$28.15M	$24.82M	$23.06M	$13.99M	$15.10M	$13.96M	$13.07M
YoY Change	-5.52%	12.03%	17.08%	13.38%	7.67%	64.8%	-7.35%	8.17%	6.81%
Net Earnings / Revenue	29.42%	39.12%	42.61%	36.37%	33.67%	34.47%
Basic Earnings Per Share	$4.87	$5.14	$4.53	$3.84	$3.51	$3.43
Diluted Earnings Per Share	$4.86	$5.13	$4.51	$3.83	$3.49	$3.41	$1.940M	$2.094M	$1.936M	$1.813M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$60.72M	$58.52M	$51.80M	$51.10M	$46.30M	$39.70M	$35.90M	$34.00M
YoY Change	3.75%	12.97%	1.37%	10.37%	16.62%	10.58%	5.59%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets	$3.129B	$3.083B	$3.225B	$2.643B	$1.988B	$1.861B	$1.724B	$1.645B	$1.493B	$1.398B
YoY Change
Accounts Payable	$8.000M	$1.563M	$1.300M	$1.800M	$2.200M	$1.800M	$1.500M	$1.500M
YoY Change	411.84%	20.23%	-27.78%	-18.18%	22.22%	20.0%	0.0%
Accrued Expenses	$15.07M	$16.43M	$14.90M	$15.00M	$13.00M	$8.200M	$7.200M	$6.900M	$8.200M	$8.200M
YoY Change	-8.29%	10.3%	-0.67%	15.38%	58.54%	13.89%	4.35%	-15.85%	0.0%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$23.07M	$18.00M	$16.20M	$16.80M	$15.20M	$10.00M	$8.700M	$8.400M	$8.200M	$8.200M
YoY Change	28.19%	11.09%	-3.57%	10.53%	52.0%	14.94%	3.57%	2.44%	0.0%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$11.30M	$11.30M	$11.30M	$11.30M	$11.30M
YoY Change					-100.0%	0.0%	0.0%	0.0%	0.0%
Other Long-Term Liabilities		$0.00	$0.00	$0.00	$0.00
YoY Change
Total Long-Term Liabilities	$0.00	$0.00	$0.00	$0.00	$0.00	$11.30M	$11.30M	$11.30M	$11.30M	$11.30M
YoY Change					-100.0%	0.0%	0.0%	0.0%	0.0%
Total Liabilities	$2.825B	$2.817B	$2.927B	$2.357B	$1.736B	$1.667B	$1.546B	$1.493B	$1.350B	$1.269B
YoY Change	0.28%	-3.75%	24.16%	35.76%	4.16%	7.81%	3.56%	10.58%	6.4%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018
Basic Shares Outstanding	7.164M shares	7.181M shares	7.281M shares	7.322M shares	7.073B shares	6.717B shares
Diluted Shares Outstanding	7.182M shares	7.197M shares	7.300M shares	7.345M shares	7.116B shares	6.756B shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $413.68 Million

About RED RIVER BANCSHARES INC

Red River Bancshares, Inc. is a bank holding company, which engages in the provision of banking products and services for commercial and retail customers through its subsidiary. The company is headquartered in Alexandria, Louisiana and currently employs 366 full-time employees. The company went IPO on 2019-05-03. The Bank is a Louisiana state-chartered bank that provides a fully integrated suite of banking products and services tailored to the needs of commercial and retail customers. The Bank operates from a network of approximately 27 banking centers throughout Louisiana and one combined loan and deposit production office in New Orleans, Louisiana. The company targets privately-owned commercial and industrial operating companies for both credit and treasury management services, while also providing owners and employees with the same customized, personal service for their individual financial needs. The company offers a range of deposit products, including checking, savings, money market accounts, and time deposits. The company offers real estate loans, commercial and industrial loans, tax-exempt loans, consumer loans, and loans held for sale. The company also offers online banking services, night deposits, telephone, mail, and mobile banking.

Industry: State Commercial Banks Peers: Carter Bankshares, Inc. ENTERPRISE BANCORP INC /MA/ HomeTrust Bancshares, Inc. John Marshall Bancorp, Inc. MVB FINANCIAL CORP PNC FINANCIAL SERVICES GROUP, INC. SHORE BANCSHARES INC SOUTHERN BANCSHARES NC INC WEST BANCORPORATION INC