Red River Bancshares renews and increases its stock repurchase program, authorizing $10 million in purchases for 2026.
Quiver AI Summary
Red River Bancshares, Inc. has announced the renewal and increase of its stock repurchase program, allowing the company to buy up to $10 million of its common stock from January 1, 2026, to December 31, 2026. This initiative, approved by the board of directors, aims to enhance shareholder value, according to CEO Blake Chatelain. Purchases under this program may occur in the open market or through private transactions, depending on market conditions. Red River Bancshares is the parent company of Red River Bank, which operates numerous banking centers across Louisiana, providing a range of banking services to its customers. The press release also includes a caution regarding forward-looking statements, indicating that actual results may differ due to various risks and uncertainties.
Potential Positives
- The board of directors approved the renewal and increase of the stock repurchase program, demonstrating confidence in the company's financial health and commitment to returning value to shareholders.
- The authorized repurchase of up to $10.0 million of outstanding shares could signal to investors that the company believes its stock is undervalued, potentially boosting investor confidence.
- The program's flexibility to conduct repurchases based on market conditions shows a strategic approach to capital management.
Potential Negatives
- The announcement of a stock repurchase program can indicate that the company lacks other growth opportunities, which may raise concerns about future revenue and expansion potential.
- The emphasis on forward-looking statements highlights uncertainty regarding the effectiveness and timing of the share repurchases, potentially signaling a lack of confidence in future performance.
- The company's disclosure of various risks and uncertainties related to its forward-looking statements may create apprehension among investors about the stability of their investments.
FAQ
What is the stock repurchase program approved by Red River Bancshares?
The program allows Red River Bancshares to buy up to $10 million of its outstanding shares in 2026.
When does the renewed stock repurchase program expire?
The renewed stock repurchase program will expire on December 31, 2026.
Who is the CEO of Red River Bancshares?
Blake Chatelain is the President and Chief Executive Officer of Red River Bancshares.
How will shares be repurchased under the program?
Shares may be repurchased in the open market or through privately negotiated transactions, based on market conditions.
What is the main goal of Red River Bancshares' repurchase program?
The goal is to maximize shareholder value through effective capital management tools.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RRBI Insider Trading Activity
$RRBI insiders have traded $RRBI stock on the open market 7 times in the past 6 months. Of those trades, 7 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $RRBI stock by insiders over the last 6 months:
- TEDDY RAY PRICE has made 7 purchases buying 4,989 shares for an estimated $306,374 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RRBI Revenue
$RRBI had revenues of $31.9M in Q3 2025. This is an increase of 14.47% from the same period in the prior year.
You can track RRBI financials on Quiver Quantitative's RRBI stock page.
$RRBI Hedge Fund Activity
We have seen 55 institutional investors add shares of $RRBI stock to their portfolio, and 36 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP added 59,085 shares (+1102.7%) to their portfolio in Q3 2025, for an estimated $3,829,889
- GOLDMAN SACHS GROUP INC added 32,258 shares (+79.4%) to their portfolio in Q3 2025, for an estimated $2,090,963
- AMERICAN CENTURY COMPANIES INC added 22,238 shares (+248.8%) to their portfolio in Q3 2025, for an estimated $1,441,467
- RUSSELL INVESTMENTS GROUP, LTD. removed 18,037 shares (-94.6%) from their portfolio in Q3 2025, for an estimated $1,169,158
- KENNEDY CAPITAL MANAGEMENT LLC removed 16,908 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $1,095,976
- TOLLESON WEALTH MANAGEMENT, INC. added 15,041 shares (+inf%) to their portfolio in Q3 2025, for an estimated $974,957
- SUMMERHAVEN INVESTMENT MANAGEMENT, LLC added 13,137 shares (+inf%) to their portfolio in Q3 2025, for an estimated $851,540
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
ALEXANDRIA, La., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that its board of directors approved the renewal and increase of its stock repurchase program, which will expire on December 31, 2025. The renewed and increased repurchase program authorizes the Company to purchase up to $10.0 million of its outstanding shares of common stock from January 1, 2026 through December 31, 2026. Blake Chatelain, the Company’s President and Chief Executive Officer, said, “We are pleased to renew and increase our stock repurchase program for 2026. We are committed to having capital management tools in place that allow the Company to maximize shareholder value.” Repurchases may be made from time to time in the open market at prevailing prices and based on market conditions, or in privately negotiated transactions.
About Red River Bancshares, Inc.
The Company is the bank holding company for Red River Bank, a Louisiana state-chartered bank established in 1999 that provides a fully integrated suite of banking products and services tailored to the needs of our commercial and retail customers. Red River Bank operates from a network of 28 banking centers throughout Louisiana and two combined loan and deposit production offices, one each in New Orleans, Louisiana and Lafayette, 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.
Forward-Looking Statements
This press release may contain forward-looking statements that are based on various facts and derived using numerous assumptions that are subject to known and unknown risks, uncertainties, and other factors that may cause the Company’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Forward-looking statements include information concerning the timing, manner, amount, and overall impact of future purchases under the repurchase program, as well as any other statement other than statements of historical fact. Words or phrases such as “may,” “should,” “could,” “predict,” “potential,” “believe,” “will likely result,” “expect,” “continue,” “will,” “anticipate,” “seek,” “estimate,” “intend,” “plan,” “projection,” “would,” and “outlook,” or the negative version of those words, or such other comparable words or phrases are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements are not historical facts, and are based on current expectations, estimates, and projections about the Company’s industry, management’s beliefs, and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond the Company’s control. Accordingly, you are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, assumptions, and uncertainties that are difficult to predict. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. Unless required by law, the Company also disclaims any obligation to update any forward-looking statements. Interested parties should not place undue reliance on any forward-looking statement and should carefully consider the risks and other factors that the Company faces. For a discussion of these risks and other factors, please see the sections titled “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and any subsequent quarterly reports on Form 10-Q, and in other documents that we file with the Securities and Exchange Commission from time to time.
Contact:
Julia Callis
Executive Vice President, General Counsel, and Corporate Secretary
318-561-4042
[email protected]