Is Red River Bancshares, Inc. overvalued or undervalued?

As of 31 October 2025, the valuation grade for Red River Bancshares, Inc. moved from fair to attractive, indicating a positive shift in its valuation outlook. The company appears to be undervalued, supported by a P/E ratio of 10, a Price to Book Value of 1.12, and an EV to EBITDA of 2.61, which are favorable compared to its peers. For instance, Northeast Bank (Maine) has a P/E of 10.54, while Equity Bancshares, Inc. shows a higher P/E of 13.80, highlighting Red River's relative attractiveness.
In terms of performance, Red River Bancshares has delivered a year-to-date return of 21.30%, outperforming the S&P 500's return of 16.30%, although it has lagged behind the index over longer periods such as the 3-year and 5-year returns. Overall, the combination of strong valuation ratios and competitive positioning suggests that Red River Bancshares is a compelling investment opportunity.