Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

First Citizens BancShares, Inc. (FCNCA)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$2,878.00 - $5,584.43$3,954.31
Multi-Stage$2,138.69 - $2,336.69$2,235.90
Blended Fair Value$3,095.11
Current Price$1,789.16
Upside72.99%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS54.18%29.91%11.798.736.203.132.241.351.251.081.081.34
YoY Growth--35.04%40.96%97.62%40.00%65.41%8.09%16.42%0.00%-20.00%56.07%
Dividend Yield--0.64%0.54%0.64%0.47%0.27%0.41%0.30%0.26%0.32%0.54%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,326.00
(-) Cash Dividends Paid (M)163.00
(=) Cash Retained (M)2,163.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)465.20290.75174.45
Cash Retained (M)2,163.002,163.002,163.00
(-) Cash Required (M)-465.20-290.75-174.45
(=) Excess Retained (M)1,697.801,872.251,988.55
(/) Shares Outstanding (M)13.4013.4013.40
(=) Excess Retained per Share126.73139.75148.43
LTM Dividend per Share12.1712.1712.17
(+) Excess Retained per Share126.73139.75148.43
(=) Adjusted Dividend138.89151.91160.59
WACC / Discount Rate10.59%10.59%10.59%
Growth Rate5.50%6.50%7.50%
Fair Value$2,878.00$3,954.31$5,584.43
Upside / Downside60.86%121.01%212.13%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,326.002,477.192,638.212,809.692,992.323,186.823,282.43
Payout Ratio7.01%23.61%40.20%56.80%73.40%90.00%92.50%
Projected Dividends (M)163.00584.771,060.681,595.992,196.412,868.143,036.24

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.59%10.59%10.59%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)523.80528.77533.73
Year 2 PV (M)851.04867.25883.61
Year 3 PV (M)1,147.031,179.961,213.51
Year 4 PV (M)1,413.971,468.341,524.27
Year 5 PV (M)1,653.891,733.771,816.72
PV of Terminal Value (M)23,063.1824,177.1425,333.73
Equity Value (M)28,652.9029,955.2231,305.57
Shares Outstanding (M)13.4013.4013.40
Fair Value$2,138.69$2,235.90$2,336.69
Upside / Downside19.54%24.97%30.60%

High-Yield Dividend Screener

« Prev Page 108 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
000657.SZChina Tungsten And Hightech Materals Co.,Ltd0.68%$0.1927.39%
009150.KSSamsung Electro-Mechanics Co., Ltd.0.68%$1,822.8819.91%
300248.SZNewcapec Electronics Co., Ltd.0.68%$0.0942.34%
300304.SZJiangsu Yunyi Electric Co.,Ltd.0.68%$0.0816.20%
300727.SZNingbo Runhe High-Tech Materials Co., Ltd.0.68%$0.2435.64%
300829.SZHenan Jindan Lactic Acid Technology Co., Ltd0.68%$0.1137.09%
3037.TWUnimicron Technology Corp.0.68%$1.5071.82%
600965.SSFortune Ng Fung Food (Hebei) Co.,Ltd0.68%$0.0443.15%
603535.SSGuangzhou Jiacheng International Logistics Co.,Ltd.0.68%$0.0719.97%
603819.SSChangzhou Shenli Electrical Machine Incorporated Company0.68%$0.0867.83%
6174.TWOAker Technology Co., Ltd0.68%$0.1419.31%
688685.SSJiangsu Maixinlin Aviation Science and Technology Corp.0.68%$0.3883.55%
7741.THOYA Corporation0.68%$160.7926.30%
AJA-B.STByggmästare Anders J Ahlström Holding AB (publ)0.68%$0.4354.16%
EWG2.SGEUWAX Gold II0.68%$0.8376.69%
MRB.WAMirbud S.A.0.68%$0.1010.28%
WGN.AXWagners Holding Company Limited0.68%$0.0214.21%
000045.SZShenzhen Textile (Holdings) Co., Ltd.0.67%$0.0859.47%
000524.SZGuangzhou Lingnan Group Holdings Company Limited0.67%$0.0866.62%
002886.SZShenzhen WOTE Advanced Materials Co., Ltd0.67%$0.1591.87%
002912.SZShenzhen Sinovatio Technology Co., Ltd.0.67%$0.2035.64%
006660.KSSamsung Climate Control Co., Ltd.0.67%$96.596.25%
036570.KSNcsoft Corporation0.67%$1,460.118.29%
060250.KQNHN KCP Corp.0.67%$102.418.42%
1913.HKPrada S.p.A.0.67%$0.3047.97%
2343.HKPacific Basin Shipping Limited0.67%$0.0248.96%
300789.SZChengdu Tangyuan Electric Co.,Ltd.0.67%$0.1538.39%
300920.SZZhejiang Runyang New Material Technology Co., Ltd.0.67%$0.3188.17%
600150.SSChina CSSC Holdings Limited0.67%$0.2220.83%
603183.SSSuzhou Institute of Building Science Group Co.,Ltd0.67%$0.0335.25%
603308.SSAnhui Yingliu Electromechanical Co., Ltd.0.67%$0.2853.99%
603686.SSFULONGMA Group Co.,Ltd.0.67%$0.2057.71%
6525.TKokusai Electric Corporation0.67%$36.6425.58%
9247.TTRE Holdings Corporation0.67%$10.723.17%
GCARSOA1.MXGrupo Carso, S.A.B. de C.V.0.67%$0.7815.21%
GIBCGI Inc.0.67%$0.618.14%
HPS-A.TOHammond Power Solutions Inc.0.67%$1.1016.45%
ZYRX.JKPT Zyrexindo Mandiri Buana Tbk0.67%$1.129.50%
095340.KQISC Co., Ltd.0.66%$793.0735.89%
128940.KSHanmi Pharm. Co., Ltd.0.66%$2,913.6031.17%
600738.SSLanzhou Lishang Guochao Industrial Group Co.,Ltd0.66%$0.0331.33%
600988.SSChifeng Jilong Gold Mining Co.,Ltd.0.66%$0.2114.26%
603331.SSZhejiang Baida Precision Manufacturing Corp.0.66%$0.0926.78%
603992.SSXiamen Solex High-tech Industries Co., Ltd.0.66%$0.2740.24%
6702.TFujitsu Limited0.66%$28.4011.32%
AGII.JKPT Samator Indo Gas Tbk0.66%$10.4537.88%
ASME.DEASML Holding N.V.0.66%$6.5226.72%
FNVFranco-Nevada Corporation0.66%$1.3828.98%
FQT.DEFrequentis AG0.66%$0.5118.23%
GOEL.BOGoel Food Products Limited0.66%$0.101.87%