Wednesday, May 29, 2024

S&P Global Market Intelligence Ranks Red River Bank Among Top 50 Best-Performing Community Banks for Second Consecutive Year

by BIZ Magazine

Alexandria, Louisiana – April 9, 2024 – S&P Global Market Intelligence has recently unveiled its annual rankings for 2023’s best-performing community banks with assets ranging from $3 billion to $10 billion. These rankings, which evaluate institutions based on their returns, growth, and efficiency, with a focus on financial strength and risk profile, have positioned Red River Bank as the 15th top-performing bank nationally among the top 50.

Blake Chatelain, President, and CEO of Red River Bank, expressed gratitude for the prestigious recognition, stating, “This national acknowledgment by S&P Global Market Intelligence for the second consecutive year is a testament to Red River Bank’s unwavering commitment to robust and stable banking practices. Being ranked among the Top 15 banks in the country underscores our dedication to customer-centric operations and sound capital management practices, principles we have upheld proudly since our inception a quarter-century ago.”

To access S&P Global Market Intelligence’s comprehensive list of top-performing U.S. public banks, community banks, and credit unions for 2023, please visit their website here.

About Red River Bank

Founded in 1999 and headquartered in Alexandria, Louisiana, Red River Bank is a Louisiana state-chartered bank offering a comprehensive suite of banking products and services tailored to meet the needs of both commercial and retail customers. With a network spanning 27 banking centers across Louisiana and a loan and deposit production office in New Orleans, Red River Bank serves various markets, including Central, Northwest, Capital, Southwest, Northshore, Acadiana, and New Orleans. Red River Bank operates as a subsidiary of Red River Bancshares, Inc., trading under the symbol RRBI on the Nasdaq Global Select Market. For more information, visit redriverbank.net.

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