Red River Bancshares Q3 2026 Net Income Rises 16% Year-on-Year to $12.56 Million

Bitget2026/10/30 12:32

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Red River Bancshares’ third-quarter 2026 net income rose 16% year over year to $12.6 million, a quarterly record.
Net interest income increased from the prior quarter to $29.9 million, benefiting from higher earning asset balances and an additional accrual day.
Nonperforming assets more than doubled from the prior quarter to $5.6 million, primarily due to a commercial relationship being worked toward resolution.
New banking centers in Lafayette and Slidell, Louisiana, are expected to open in the first quarter of 2027.
Management expects net interest income to increase in the fourth quarter of 2026, depending on balance sheet activity, interest rates and competition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Red River Bancshares Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610300830PRIMZONEFULLFEED9856529) on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Red River Bancshares Q3 2026 Net Income Rises 16% Year-on-Year to $12.56 Million

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