GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Red River Bancshares Inc (FRA:7RR) » Definitions » Altman Z-Score

Red River Bancshares (FRA:7RR) Altman Z-Score


View and export this data going back to 2020. Start your Free Trial

What is Red River Bancshares Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


Red River Bancshares (FRA:7RR) Business Description

Traded in Other Exchanges
Address
1412 Centre Court Drive, Suite 501, Alexandria, LA, USA, 71301
Red River Bancshares Inc is the bank holding company for the red river bank. The principal business of the Bank is lending and accepting deposits from businesses, professionals, individuals, and public entities. The bank's primary deposit products are demand deposits, savings deposits, and time deposits. The bank maintains a diversified loan portfolio with a focus on commercial real estate (Owner Occupied and Non-Owner Occupied), one-to-four-family residential, commercial, and industrial loans, construction and development Loans, and others. also, provides Treasury Management Services, Private Banking Services, Brokerage Services, and Other Banking Services.