Red River BancsharesNASDAQ: RRBI

ALEXANDRIA, La., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that, on November 5, 2024, the Company entered into a stock repurchase agreement with two shareholders for the repurchase by the Company of 50,000 shares of its common stock in a privately-negotiated transaction for a purchase price of $2.5 million. The purchase price reflects a discount to the 10-, 20-, and 30-day volume weighted average price on November 1, 2024. Blake Chatelain, the Company's President and Chief Executive Officer, said, “We are pleased to complete this repurchase, which shows our continued commitment to increasing shareholder value.”

ALEXANDRIA, La., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (the “Company”) (Nasdaq: RRBI), the holding company for Red River Bank (the “Bank”), announced today its unaudited financial results for the third quarter of 2024.

ALEXANDRIA, La., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that on October 24, 2024, its board of directors declared a quarterly cash dividend in an amount equal to $0.09 per share of common stock. The cash dividend is payable on December 19, 2024, to shareholders of record as of the close of business on December 9, 2024.

Red River Bancshares (RRBI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Red River Bancshares (RRBI) announces a reduction of $3 million in its 2024 repurchase plan in light of a privately negotiated share buyback transaction of the same amount with two of its shareholders.

ALEXANDRIA, La., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that, on August 8, 2024, the Company entered into a stock repurchase agreement with two shareholders for the repurchase by the Company of 60,000 shares of its common stock in a privately-negotiated transaction for a purchase price of $3.0 million. The purchase price reflects a discount to the 10-, 20-, and 30-day volume weighted average price on July 31, 2024. In connection with the repurchase, the Company reduced the availability under its previously announced 2024 $5.0 million repurchase program (“Repurchase Program”) by $3.0 million. Blake Chatelain, the Company's President and Chief Executive Officer, said, “We are pleased to complete this repurchase, which shows our continued commitment to increasing shareholder value.” Following closure of this transaction, the Company will have approximately $1.2 million of remaining capacity under the Repurchase Program.

Red River Bancshares (RRBI) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.25 per share a year ago.

ALEXANDRIA, La., July 25, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that on July 25, 2024, its board of directors declared a quarterly cash dividend in an amount equal to $0.09 per share of common stock. The cash dividend is payable on September 19, 2024, to shareholders of record as of the close of business on September 9, 2024.

ALEXANDRIA, La., May 23, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that on May 23, 2024, its board of directors declared a quarterly cash dividend in an amount equal to $0.09 per share of common stock. The cash dividend is payable on June 20, 2024, to shareholders of record as of the close of business on June 10, 2024.