Quarterly ResultJul 30, 2026, 08:51 AM
Red River Bancshares Q2 Net Income $11.8M, EPS $1.78
AI Summary
Red River Bancshares reported second quarter 2026 net income of $11.8 million, or $1.78 per diluted common share, a slight decrease from the prior quarter but a significant increase year-over-year. The company saw an improved net interest margin and net interest income, alongside a decrease in nonperforming assets. However, assets and deposits experienced a slight decline. The company also announced the completion of its Northwest market expansion and relocation projects, board changes, and its inclusion in the State Street SPDR S&P Regional Banking ETF.
Key Highlights
- Net income for Q2 2026 was $11.8 million, or $1.78 per diluted common share.
- Net income decreased 1.7% from Q1 2026 but increased 15.4% from Q2 2025.
- Net interest margin FTE increased 10 basis points to 3.61% for Q2 2026.
- Assets decreased 1.1% to $3.31 billion as of June 30, 2026.
- Deposits decreased 1.4% to $2.91 billion as of June 30, 2026.
- Nonperforming assets decreased 38.3% to $2.6 million, or 0.08% of assets.
- Quarterly cash dividend of $0.25 per common share was paid.
- Completed Northwest market expansion and banking center relocation projects.
Price Impact
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