NEW YORK, June 5, 2026, 12:06 EDT
- RRBI traded up 0.5% at $90.71 late in the morning session.
- The bank will pay its $0.25 quarterly dividend to holders of record on June 8, with the payment set for June 18.
- Director A. Peyton Bush IV now holds 218 shares directly after a new SEC insider filing.
Red River Bancshares Inc shares were up Friday, trading against a softer market. Some investors focused on the Louisiana lender’s upcoming dividend record date and a governance update this week.
Red River shares are moving during Thursday’s session with the record date for its latest quarterly dividend coming up June 8. The company will check shareholder records that day to determine who gets its next payout. The board approved a quarterly dividend of $0.25 per share, payable June 18.
RRBI last traded at $90.71, up 0.5% or 46 cents on the day. Shares moved between $90.01 and $91.35. Volume came in at 59,702. Market cap is about $597 million.
U.S. stocks dropped after better jobs data forced investors to reconsider where rates are heading. Nonfarm payrolls added 172,000 jobs in May, the Labor Department reported. Jobs in financial activities fell by 22,000, with commercial banking down 3,000.
Stocks fell as major indexes dropped and rate concerns came back into focus. “It’s healthy for the market to pull back a little bit and slow down,” Mark Malek, chief investment officer at Siebert Financial, told Reuters. In markets, “hawkish” means a central bank is seen as likely to keep rates high or hike them to tame inflation. Reuters
Regional bank stocks were steady, with most edging higher. The SPDR S&P Regional Banking ETF climbed 0.2%. Shares of Louisiana’s Business First Bancshares rose 0.4%, Origin Bancorp added 0.2%, and Home Bancorp also picked up 0.2%.
Red River’s latest earnings lent the stock some support. The company posted first-quarter net income of $12.0 million, or $1.81 per diluted share. Return on assets was 1.44% for the quarter, with return on equity at 12.95%.
Red River president and CEO Blake Chatelain said it was “another strong quarter of financial results,” pointing to record-high net income and earnings per share, which got a lift from vendor rebates and refunds. Net interest margin stayed at 3.51% on a fully taxable equivalent basis, holding steady for the bank. GlobeNewswire
Red River Bancshares Inc. is the holding company for Red River Bank, a Louisiana state-chartered bank set up in 1999. The bank runs 28 banking centers in Louisiana, plus three offices that handle both loans and deposits.
Red River director A. Peyton Bush IV filed a Form 3 signed June 4, reporting direct ownership of 218 common shares. The Form 3 is an initial insider ownership statement, not a buy or sell notice.
Red River said in a filing that Bush and R. Chance DeWitt, M.D., are now on the boards of the company and Red River Bank, after Kirk D. Cooper, a founding director, stepped down. Bush’s investment experience and DeWitt’s connections in healthcare and the community “strengthen our boards,” Chatelain said. Red River Bank
But the setup isn’t all positive. Rising rates may lift bank asset yields, but they also bring higher deposit costs, slower lending and can squeeze borrowers. Red River said it expects a small bump in second-quarter net interest income and margin, but that depends on how the balance sheet moves and on how tough the competition is on rates.
For the moment, near-term action is straightforward: keep an eye on how Friday closes, the June 8 record date, and any insider filings that may follow. RRBI trades like a small-cap bank and light volume can make even modest orders stand out on the tape.
