ALEXANDRIA, La. (AP) _ Red River Bancshares Inc. (RRBI) on Friday reported net income of $8.5 million in its fourth quarter.
The Alexandria, Louisiana-based bank said it had earnings of $1.17 per share.
The holding company for Red River Bank posted revenue of $25.7 million in the period. Its revenue net of interest expense was $24.4 million, exceeding Street forecasts.
For the year, the company reported profit of $33 million, or $4.51 per share. Revenue was reported as $96.2 million.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RRBI at https://www.zacks.com/ap/RRBI
Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News