Red River Bank
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|
Revenues | 78.5m | 91.1m | 95.2m | 105m | 107m | 88.5m | 95.4m |
% growth | 8 % | 16 % | 4 % | 10 % | 2 % | (17 %) | 8 % |
Profit | 24.8m | 28.1m | 33.0m | 36.9m | 34.9m | - | - |
% profit margin | 32 % | 31 % | 35 % | 35 % | 33 % | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $520k | Seed | |
N/A | $12.1m | Late VC | |
N/A | N/A | IPO | |
Total Funding | €11.5m |
Recent News about Red River Bank
EditRed River Bank is a community-focused financial institution based in Louisiana, offering a comprehensive range of banking services to individuals and businesses. The bank operates primarily within the Louisiana market, emphasizing local decision-making and personalized customer service. Red River Bank's business model revolves around traditional banking services, including savings and checking accounts, loans, mortgages, and investment products. The bank generates revenue through interest on loans, service fees, and investment income. With a strong commitment to community development, Red River Bank supports local initiatives and provides financial education resources. The bank also offers ePerks, a suite of free tech tools that enable customers to manage their banking needs online, enhancing convenience and accessibility.
Keywords: community banking, Louisiana, personalized service, local decisions, ePerks, financial education, mortgages, loans, investment products, tech tools.