Quarterly ResultAug 7, 2026, 06:08 AM
Red River Bancshares Q2 Net Income $11.76M, EPS $1.79
AI Summary
Red River Bancshares Inc. reported a strong second quarter for 2026, with net income increasing by 15.37% to $11.76 million and basic EPS rising by 18.54% to $1.79. Net interest income also saw a significant increase of 12.19% to $28.97 million. The company's asset quality improved, with nonaccrual loans decreasing by nearly 27%, while total assets and deposits experienced minor declines.
Key Highlights
- Net income for Q2 2026 increased 15.37% to $11.76 million from $10.20 million in Q2 2025.
- Basic earnings per share for Q2 2026 rose 18.54% to $1.79 from $1.51 in Q2 2025.
- Net interest income for Q2 2026 grew 12.19% to $28.97 million compared to $25.82 million in Q2 2025.
- Total assets were $3.31 billion as of June 30, 2026, a slight decrease from $3.35 billion at year-end 2025.
- Total deposits stood at $2.91 billion on June 30, 2026, down from $2.96 billion on December 31, 2025.
- Loans held for investment, net, increased to $2.24 billion as of June 30, 2026, from $2.23 billion at year-end 2025.
- Nonaccrual loans decreased by 26.97% to $2.40 million as of June 30, 2026, from $3.28 million at year-end 2025.
- Cash dividends of $0.25 per share were declared for both Q1 and Q2 2026.
Price Impact
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