Renaissance Capital logo

Red River Bancshares Priced, Nasdaq: RRBI

Louisiana commercial bank with 24 locations across the state.

Industry: Financials

First Day Return: +11.7%

Industry: Financials

We are a bank holding company headquartered in Alexandria, Louisiana. Through our wholly owned subsidiary, Red River Bank, a Louisiana state-chartered bank, we provide a fully integrated suite of banking products and services tailored to the needs of our commercial and retail customers. We operate from a network of 23 banking centers throughout the state and one loan production office in Covington, Louisiana. Banking centers are located in the following markets: Central Louisiana, which includes the Alexandria MSA; Northwest Louisiana, which includes the Shreveport-Bossier City MSA; Southeast Louisiana, which includes the Baton Rouge MSA; and Southwest Louisiana, which includes the Lake Charles MSA. As of December 31, 2018, we were the fifth largest financial institution headquartered in Louisiana based on assets, with total assets of $1.86 billion, total loans of $1.33 billion, total deposits of $1.65 billion, and total stockholders’ equity of $193.7 million. We strive to differentiate ourselves from our competitors by providing the best of “relationship-based” banking that is tailored to meet the needs of the small and medium-sized businesses operating within our markets, as well as the owners and employees of those businesses, and executives, professionals and individuals with strong ties to our banking markets.
more less
IPO Data
IPO File Date 04/10/2019
Offer Price $45.00
Price Range $42.00 - $46.00
Offer Shares (mm) 0.6
Deal Size ($mm) $27
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/02/2019
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $27
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Alexandria, LA, United States
Founded 1998
Employees at IPO 320
Website www.redriverbank.net

Red River Bancshares (RRBI) Performance