Red River Bancshares Inc.

07/30/2024 | Press release | Distributed by Public on 07/30/2024 13:26

Red River Bancshares, Inc. makes Top 30 Banks Under $5 Billion List

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.

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