earnings
confidence high
sentiment positive
materiality 0.65
Red River Bancshares reports Q4 2022 EPS $1.42, net income $10.2M flat Q/Q but up 19.8% YoY
RED RIVER BANCSHARES INC
2022-FY EPS reported
$5.13
- Q4 net income $10.2M ($1.42 diluted EPS) flat vs Q3; up 19.8% from $8.5M in Q4 2021.
- Net interest margin FTE 3.17% up 11 bps from 3.06% Q3; net interest income $23.7M.
- Loans HFI $1.92B, up $36.6M (1.9%) from Q3; 13.8% growth for full year 2022.
- Deposits $2.80B flat Q/Q; noninterest-bearing deposits down 7.0% to $1.09B.
- Board renewed $5M stock repurchase program for 2023; quarterly dividend $0.07/share unchanged.