Red River Bancshares, Inc.
Red River Bancshares, Inc. (NASDAQ: RRBI) is trading at $99.87, about ₹9,594 at today's USD/INR rate, as of 30 Sep 2026, 4:00 PM ET, up 0.01% today. Indian residents can buy Red River Bancshares from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$99.12
Today's high
$100.27
52 week low
$61.60
52 week high
$104.87
RRBI opened at $99.69, closed previously at $99.86, and has traded between $61.60 and $104.87 over the past 52 weeks.
About
Red River Bancshares, Inc. serves as the parent organization for Red River Bank, delivering a full suite of banking products and services to both businesses and individual clients across Louisiana. The bank offers a variety of deposit options, including checking, savings, and money market accounts, as well as time deposits. Its lending portfolio is comprehensive, encompassing commercial real estate financing, construction and development loans, and commercial and industrial credit facilities – including those previously offered under the Small Business Administration's Paycheck Protection Program. For individuals, the bank provides one-to-four family residential mortgages, home equity lines of credit, and diverse consumer loans tailored for personal, family, and household expenses, available as secured or unsecured installment and term options. Additionally, Red River Bank extends tax-exempt loans, lines of credit, and standby letters of credit. Beyond lending and deposit services, the company offers treasury management, private banking, and brokerage solutions. Customers can also access investment advisory, financial planning, and a range of retirement plans. Day-to-day financial needs are supported by debit and credit cards, direct deposits, cashier's checks, and wire transfer capabilities. Modern banking is facilitated through comprehensive online services, enabling account monitoring, fund transfers, bill payments, and digital statement delivery. Accessibility is ensured via multiple channels, including in-person visits to banking centers, ATMs, drive-through facilities, night deposits, telephone, mail, mobile banking, and remote deposit capture. The company operates a network of 27 banking centers throughout Louisiana, complemented by two combined loan and deposit production offices located in Lafayette and New Orleans. Red River Bancshares, Inc. was established in 1998 and maintains its headquarters in Alexandria, Louisiana.
Key statistics
Avg. volume
81.19K
Market cap
$657.61M
P/E Ratio
14.31
Price-to-sales ratio
3.76
Enterprise value
$265.09M
Free cash flow yield
8.85%
Debt-to-equity ratio
0.00
Return on equity
11.71%
ROIC
11.21%
Beta
0.42
Dividend yield
0.90%
Last dividend
$0.80
Financial overview
Revenue
$169.85M
Earnings per share
$6.40
Free cash flow
$42.21M
Net profit margin
26.30%
Gross margin
73.55%
EBITDA
$56.67M
Revenue growth
8.34%
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This is not an investment recommendation
How to buy Red River Bancshares from India
Indian residents can buy Red River Bancshares shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Red River Bancshares and place an order
Find Red River Bancshares by name or by its ticker, RRBI, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Red River Bancshares trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Red River Bancshares position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Red River Bancshares from India
Trading and taxes when buying Red River Bancshares from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Red River Bancshares’ current yield is 0.90%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Red River Bancshares stock?
Yes. Red River Bancshares (RRBI) has been listed on NASDAQ since 2019, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Red River Bancshares share cost in rupees?
One Red River Bancshares share is $99.87 — about ₹9,594 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Red River Bancshares price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Red River Bancshares from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Red River Bancshares?
Yes. One Red River Bancshares share is $99.87, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Red River Bancshares.
How are gains on Red River Bancshares shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Red River Bancshares price. Paasa issues a capital-gains statement for your return.
Does Red River Bancshares pay a dividend, and how is it taxed in India?
Yes. Red River Bancshares pays a dividend and the current yield is 0.90%; the last declared dividend was $0.80 per share, about ₹76.85. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Red River Bancshares from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Red River Bancshares shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Red River Bancshares shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Red River Bancshares holding, its cost and its closing value.
How do I sell Red River Bancshares and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.