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Technology expenses at other companies

West Bancorporation logo
West BancorporationWTBA
$774K-1.5%
Community West Bancshares logo
Community West BancsharesCWBC
$1.71M-9.9%
Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$455K+5.3%
Dave, Inc. logo
Dave, Inc.DAVE
$3.4M+24.5%
FVCBankcorp, Inc. logo
FVCBankcorp, Inc.FVCB
$884K+7.2%
Arrow Financial logo
Arrow FinancialAROW
$5.05M-0.7%

Other financials

Income statement

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Revenue$32.9M+10.2%
Net income$12.0M+15.6%
EPS (diluted)$1.81+19.1%

Balance sheet

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Cash & equivalents$210.5M-16.5%
Total debt$1.5M-46.5%
Total equity$373.3M+12.0%
Total assets$3.3B+5.0%

Cash flow

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Operating cash flow$16.9M+21.6%
CapEx$1.9M+655%
Free cash flow$15.0M+9.7%

Valuation

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Market cap$594.33M+57.3%
Enterprise value$385.28M+200%
P/E13.4×+3.0×
P/S4.6×+1.3×

Profitability

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Net margin34.5%+2.4pp
FCF margin33.9%+4.1pp

Returns & leverage

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Return on equity12.6%+1.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Red River Bancshares, Inc. in its filing.

Tagged under the XBRL concept rrbi:TechnologyExpense.

The official record: Red River Bancshares, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Red River Bancshares, Inc.'s technology expenses?
Red River Bancshares, Inc. (RRBI) reported technology expenses of $863K in Q1 2026.
How has Red River Bancshares, Inc.'s technology expenses changed year-over-year?
Red River Bancshares, Inc.'s technology expenses increased by 3.4% year-over-year, from $835K to $863K.
What is the long-term trend for Red River Bancshares, Inc.'s technology expenses?
Over 4 years (2021 to 2025), Red River Bancshares, Inc.'s technology expenses has grown at a 4.7% compound annual growth rate (CAGR), from $2.81M to $3.38M.
What does technology expenses mean?
This represents the direct costs incurred for software licenses, digital infrastructure, and technical support required to maintain the bank's digital banking platforms. It reflects the bank's investment in modernizing its service delivery channels and cybersecurity posture. Rising costs here often indicate a strategic shift toward digital transformation and improved customer experience.