Quarterly ResultApr 30, 2026, 09:00 AM
RRBI Q1 Net Income $12.0M, EPS $1.81; Dividend +66.7% to $0.25
AI Summary
Red River Bancshares, Inc. reported record net income of $12.0 million, or $1.81 diluted EPS, for Q1 2026, marking a 4.9% increase from the prior quarter and 15.4% year-over-year. The company significantly increased its quarterly cash dividend by 66.7% to $0.25 per share. Assets and loans held for investment remained consistent at $3.35 billion and $2.25 billion, respectively, while deposits saw a slight seasonal decrease. RRBI continues its organic expansion plan with new office projects and appointed Jim Nelson as New Orleans Market President.
Key Highlights
- Q1 2026 Net Income: $12.0 million, up 4.9% from Q4 2025 and 15.4% YoY.
- Q1 2026 Diluted EPS: $1.81, up from $1.73 in Q4 2025 and $1.52 in Q1 2025.
- Quarterly cash dividend increased 66.7% to $0.25 per common share.
- Assets remained consistent at $3.35 billion as of March 31, 2026.
- Loans HFI were $2.25 billion as of March 31, 2026, consistent with prior quarter.
- Deposits decreased 0.6% to $2.95 billion due to seasonal public entity outflows.
- Net interest margin FTE consistent at 3.51% for Q1 2026 and prior quarter.
- Jim Nelson appointed Market President for the New Orleans market on April 6, 2026.