Red River Bancshares, Inc. Reports First Quarter 2026 Financial Results

Red River Bancshares, Inc. announced its unaudited financial results for the first quarter ended March 31, 2026. The company reported a record-high net income of $12.0 million, or $1.81 per diluted common share, an increase from $11.4 million ($1.73 EPS) in the fourth quarter of 2025 and $10.4 million ($1.52 EPS) in the first quarter of 2025. The quarterly return on assets was 1.44%, and the return on equity was 12.95%. The company also increased its quarterly cash dividend by 66.7% to $0.25 per share. Total assets remained stable at $3.35 billion, while loans held for investment were $2.25 billion. Deposits decreased slightly by 0.6% to $2.95 billion due to seasonal outflows from public entity customers. The company is progressing with its organic expansion plan, with several construction projects underway. A new market president for New Orleans was appointed. The company noted potential impacts from global events on the economic environment and interest rates, stating a vigilant yet positive outlook for 2026.