Red River Bancshares, Inc. makes Top 30 Banks Under $5 Billion List
ALEXANDRIA, La., July 30, 2024 – Earlier this month, Bank Director Magazine released an article announcing the results of their 2024 BankRanking Analysis where Red River Bancshares, Inc. was ranked ninth in the nationwide Top 30 Publicly Traded Banks Under $5 Billion list based on assets.
Bank Director Magazine is a banking magazine that focuses on the core issues banks face and provides board-level research and peer-insights to bank Chief Executive Officers, Presidents, and other upper-level bank management.
"We are honored to be nationally recognized by Bank Director Magazine as one of the Top 30 Publicly Traded Banks in the country and to be able to represent Louisiana as the only Louisiana based bank listed," said Red River Bancshares, Inc. President and Chief Executive Officer Blake Chatelain. "Our success really falls back on the mission of our company, 'Building relationships by putting people first and exceeding expectations everyday.' This honor is a testament to our banking practices and culture that we take so much pride in."
With four different categories based on total assets ranging from $1 billion to over $50 billion, 300 publicly traded banks were evaluated using S&P Global Mark Intelligence data, ranking them based on the prior year's profitability, capital adequacy, and asset quality.
Red River Bancshares, Inc. is the only Louisiana based bank listed in the Top 30 Publicly Traded Banks Under $5 Billion list.
About Red River Bank
Red River Bank is a Louisiana state-chartered bank established in Alexandria, Louisiana, in 1999 that provides a fully integrated suite of banking products and services tailored to the needs of its commercial and retail customers. Red River Bank operates from a network of 28 banking centers throughout Louisiana and one combined loan and deposit production office in New Orleans, Louisiana. Banking centers are located in the following Louisiana markets: Central, which includes the Alexandria metropolitan statistical area ("MSA"); Northwest, which includes the Shreveport-Bossier City MSA; Capital, which includes the Baton Rouge MSA; Southwest, which includes the Lake Charles MSA; the Northshore, which includes Covington; Acadiana, which includes the Lafayette MSA; and New Orleans. Red River Bank is a subsidiary of Red River Bancshares, Inc., which trades under the trading symbol RRBI on the Nasdaq Global Select Market. Learn more at redriverbank.net.