Red River Bancshares Inc

NASDAQ RRBI

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Red River Bancshares Inc Price to Book Ratio (P/B) on June 03, 2024: 1.04

Red River Bancshares Inc Price to Book Ratio (P/B) is 1.04 on June 03, 2024, a -21.97% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • Red River Bancshares Inc 52-week high Price to Book Ratio (P/B) is 1.47 on December 27, 2023, which is 41.26% above the current Price to Book Ratio (P/B).
  • Red River Bancshares Inc 52-week low Price to Book Ratio (P/B) is 1.04 on June 03, 2024, which is 0.00% below the current Price to Book Ratio (P/B).
  • Red River Bancshares Inc average Price to Book Ratio (P/B) for the last 52 weeks is 1.23.
NASDAQ: RRBI

Red River Bancshares Inc

CEO Mr. Ronald Blake Chatelain
IPO Date May 3, 2019
Location United States
Headquarters 1412 Centre Court Drive, Alexandria, LA, United States, 71301
Employees 358
Sector Financial Services
Industry Banks - regional
Description

Red River Bancshares, Inc. operates as a bank holding company for Red River Bank that provides banking products and services to commercial and retail customers in Louisiana. The company provides various deposit products, including checking, saving, money market accounts, and time deposits. It offers commercial real estate loans; one-to-four family mortgage loans and home equity lines of credit; construction and development loans; commercial and industrial loans; small business administration paycheck protection program loans; tax-exempt loans; consumer loans to individuals for personal, family, and household purposes, including secured and unsecured installment and term loans; home mortgage loans; and lines of credit and standby letters of credit. In addition, the company provides treasury management, private banking, and brokerage; investment advisory, financial planning, and a suite of retirement plans; debit and credit cards, direct deposits, cashier's checks, and wire transfer services; online banking services, including access to account balances, online transfers, online bill payment, and electronic delivery of customer statements; and banking services in person, through ATMs, drive-through facilities, night deposits, telephone, mail, mobile banking, and remote deposits. Red River Bancshares, Inc. was incorporated in 1998 and is headquartered in Alexandria, Louisiana.

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StockViz Staff

September 20, 2024

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