Red Historical Income Statement
RRBI Stock | USD 60.86 0.52 0.86% |
Historical analysis of Red River income statement accounts such as Income Before Tax of 33.6 M, Net Income Applicable To Common Shares of 26 M, Net Income of 27.4 M or Income Tax Expense of 7.2 M can show how well Red River Bancshares performed in making a profits. Evaluating Red River income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Red River's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Red River Bancshares latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Red River Bancshares is a good buy for the upcoming year.
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About Red Income Statement Analysis
Red River Bancshares Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Red River shareholders. The income statement also shows Red investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Red River Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Red River income statement and is an important metric when analyzing Red River Bancshares profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Red River Bancshares financial statement analysis. It represents the amount of money remaining after all of Red River Bancshares operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Red River's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Red River Bancshares current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red River Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. As of now, Red River's Total Operating Expenses is decreasing as compared to previous years. The Red River's current Total Other Income Expense Net is estimated to increase to about 45.1 M, while Tax Provision is projected to decrease to under 7.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 71.7M | 86.6M | 88.7M | 71.2M | Tax Provision | 7.1M | 8.1M | 8.4M | 7.3M |
Red River income statement Correlations
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Red River Account Relationship Matchups
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Red River income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Tax Provision | 5.6M | 6.3M | 7.1M | 8.1M | 8.4M | 7.3M | |
Net Interest Income | 63.6M | 69.0M | 71.7M | 86.6M | 88.7M | 71.2M | |
Interest Income | 73.7M | 77.4M | 77.3M | 94.3M | 113.4M | 81.4M | |
Interest Expense | 10.1M | 8.4M | 5.6M | 7.7M | 24.7M | 25.9M | |
Income Before Tax | 30.5M | 34.5M | 40.1M | 45.0M | 34.9M | 33.6M | |
Net Income Applicable To Common Shares | 24.8M | 28.1M | 33.0M | 36.9M | 42.5M | 26.0M | |
Net Income | 24.8M | 28.1M | 33.0M | 36.9M | 34.9M | 27.4M | |
Income Tax Expense | 5.6M | 6.3M | 7.1M | 8.1M | 8.1M | 7.2M | |
Selling General Administrative | 27.8M | 31.2M | 32.4M | 34.6M | 37.9M | 34.0M | |
Total Revenue | 78.5M | 91.1M | 95.2M | 104.7M | 108.5M | 92.7M | |
Gross Profit | 69.9M | 82.7M | 86.8M | 94.7M | 139.7M | 92.2M | |
Other Operating Expenses | 48.0M | 56.6M | 55.1M | 58.7M | 2.1K | 2.0K | |
Operating Income | 30.5M | 34.5M | 40.1M | 52.2M | 34.9M | 38.3M | |
Net Income From Continuing Ops | 24.8M | 28.1M | 33.0M | 36.9M | 36.8M | 29.1M | |
Ebit | 30.5M | 34.5M | 40.1M | 45.0M | 34.9M | 34.4M | |
Total Operating Expenses | (48.0M) | (56.6M) | (55.1M) | 58.7M | 2.1K | 2.2K | |
Total Other Income Expense Net | 4.1M | (6.3M) | (7.8M) | (8.4M) | 42.9M | 45.1M | |
Depreciation And Amortization | 2.4M | 2.4M | 2.6M | 2.6M | 2.7M | 2.6M | |
Selling And Marketing Expenses | 1.0M | 933K | 921K | 1.1M | 1.3M | 1.1M | |
Ebitda | 32.8M | 36.9M | 42.6M | 47.6M | 34.9M | 41.5M | |
Reconciled Depreciation | 2.4M | 2.4M | 2.6M | 2.6M | 2.7M | 2.6M |
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When determining whether Red River Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Red River's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Red River Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Red River Bancshares Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Red River Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Red River. If investors know Red will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Red River listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.135 | Dividend Share 0.35 | Earnings Share 4.79 | Revenue Per Share 15.238 | Quarterly Revenue Growth 0.056 |
The market value of Red River Bancshares is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red River's value that differs from its market value or its book value, called intrinsic value, which is Red River's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Red River's market value can be influenced by many factors that don't directly affect Red River's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Red River's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red River is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red River's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.