Red River Bancshares, Inc. (RRBI) vs Third Coast Bancshares, Inc. (TCBX)

Red River Bancshares, Inc. and Third Coast Bancshares, Inc. are both Banks Regional companies. Red River Bancshares, Inc. and Third Coast Bancshares, Inc. are of similar size ($689.5M and $666.1M). Third Coast Bancshares, Inc. trades at the lower P/E: 8.8× against 14.5×. Third Coast Bancshares, Inc. grew revenue faster over the last twelve months: 16.9% against 7.09%. Red River Bancshares, Inc. has the higher net margin (26.3% vs 17.1%) and the lower return on invested capital (18.9% vs 21.9%). Across the 17 metrics below, Third Coast Bancshares, Inc. leads on 10 and Red River Bancshares, Inc. on 7.

Valuation

Metric RRBI TCBX Banks Regional median
P/E 14.51 8.81 11.98
P/S 3.81 1.69 2.34
P/B 1.73 1.03 1.19
Price to free cash flow 12.84 43.62 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 6.89% 11.35% 8.23%
Free cash flow yield 7.79% 2.29% 9.08%

Profitability

Metric RRBI TCBX Banks Regional median
Gross margin 75.26% 58.05% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 26.25% 17.07% 18.66%
Free cash flow margin 29.67% 3.87% 21.11%
Return on equity 12.77% 11.92% 10.65%
Return on assets 1.42% 1.19% 1.13%
Return on invested capital 18.89% 21.87% 8.35%

Growth

Metric RRBI TCBX Banks Regional median
Revenue growth (TTM) 7.09% 16.85% 6.98%
EPS growth (last fiscal year) 28.89% 36.33% 18.88%
Revenue growth, 5-year CAGR 11.06% 34.06% 12.38%
Net income growth, 5-year CAGR 8.73% 38.41% 9.71%

Health

Metric RRBI TCBX Banks Regional median
Debt to equity 0.00 0.00 0.22
Current ratio 0.84 0.97 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric RRBI TCBX Banks Regional median
Dividend yield 0.89% — 2.57%
Payout ratio 0.13 — 0.30

Size

Metric RRBI TCBX Banks Regional median
Market cap 666.12m 689.51m 913.33m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack