DDM Analysis: RRBI

Valuation Snapshot

Stable Growth	$146.52 - $411.76	$227.98
Multi-Stage	$108.34 - $118.62	$113.39
Blended Fair Value	$170.68
Current Price	$64.82
Upside	163.32%
Decision	Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016
DPS	13.37%	0.00%	0.37	0.34	0.30	0.30	0.26	0.20	0.15	0.00	0.00	0.00
YoY Growth	-	-	8.48%	13.82%	-1.08%	15.58%	32.65%	31.42%	0.00%	0.00%	0.00%	0.00%
Dividend Yield	-	-	0.71%	0.70%	0.62%	0.57%	0.46%	0.53%	0.30%	0.00%	0.00%	0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	40.66
(-) Cash Dividends Paid (M)	3.21
(=) Cash Retained (M)	37.44

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	8.13	5.08	3.05
Cash Retained (M)	37.44	37.44	37.44
(-) Cash Required (M)	-8.13	-5.08	-3.05
(=) Excess Retained (M)	29.31	32.36	34.39
(/) Shares Outstanding (M)	6.75	6.75	6.75
(=) Excess Retained per Share	4.34	4.79	5.09
LTM Dividend per Share	0.48	0.48	0.48
(+) Excess Retained per Share	4.34	4.79	5.09
(=) Adjusted Dividend	4.81	5.27	5.57
WACC / Discount Rate	8.25%	8.25%	8.25%
Growth Rate	4.80%	5.80%	6.80%
Fair Value	$146.52	$227.98	$411.76
Upside / Downside	126.04%	251.71%	535.23%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	40.66	43.01	45.51	48.15	50.94	53.90	55.51
Payout Ratio	7.90%	24.32%	40.74%	57.16%	73.58%	90.00%	92.50%
Projected Dividends (M)	3.21	10.46	18.54	27.52	37.48	48.51	51.35

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	8.25%	8.25%	8.25%
Growth Rate	4.80%	5.80%	6.80%
Year 1 PV (M)	9.57	9.66	9.75
Year 2 PV (M)	15.53	15.82	16.12
Year 3 PV (M)	21.09	21.70	22.32
Year 4 PV (M)	26.28	27.30	28.35
Year 5 PV (M)	31.13	32.64	34.21
PV of Terminal Value (M)	628.23	658.78	690.51
Equity Value (M)	731.83	765.91	801.27
Shares Outstanding (M)	6.75	6.75	6.75
Fair Value	$108.34	$113.39	$118.62
Upside / Downside	67.14%	74.93%	83.00%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 29 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
BTBT	Bit Digital, Inc.	0.25%	$0.01	1.17%
PVH	PVH Corp.	0.25%	$0.17	2.41%
AEL	American Equity Investment Life Holding Company	0.24%	$0.14	2.19%
CRS	Carpenter Technology Corporation	0.24%	$0.80	9.74%
L	Loews Corporation	0.24%	$0.25	3.58%
PRIM	Primoris Services Corporation	0.23%	$0.30	5.83%
TER	Teradyne, Inc.	0.23%	$0.48	17.39%
FOCS	Focus Financial Partners Inc.	0.22%	$0.12	19.23%
QCRH	QCR Holdings, Inc.	0.22%	$0.18	2.50%
RMAX	RE/MAX Holdings, Inc.	0.22%	$0.02	2.70%
VSEC	VSE Corporation	0.22%	$0.40	30.98%
0J5I.L	Hilton Worldwide Holdings Inc.	0.21%	$0.60	8.71%
PRVAX	Virginia Tax Free Bond Fund	0.21%	$0.02	89.04%
ACA	Arcosa, Inc.	0.19%	$0.20	6.66%
HWM	Howmet Aerospace Inc.	0.19%	$0.40	11.24%
USLM	United States Lime & Minerals, Inc.	0.19%	$0.23	5.04%
AEIS	Advanced Energy Industries, Inc.	0.18%	$0.40	10.65%
BELFA	Bel Fuse Inc.	0.18%	$0.28	5.31%
TILE	Interface, Inc.	0.18%	$0.05	2.63%
0K05.L	Medifast, Inc.	0.17%	$0.02	78.63%
AYI	Acuity Brands, Inc.	0.17%	$0.65	5.19%
BDC	Belden Inc.	0.17%	$0.20	3.53%
FIX	Comfort Systems USA, Inc.	0.17%	$1.70	7.18%
KNSL	Kinsale Capital Group, Inc.	0.17%	$0.66	3.24%
STCN	Steel Connect, Inc.	0.17%	$0.02	1.98%
VVI	Viad Corp	0.17%	$0.07	0.54%
ALNT	Allient Inc.	0.16%	$0.09	7.91%
CLSK	CleanSpark, Inc.	0.16%	$0.02	1.41%
EME	EMCOR Group, Inc.	0.16%	$1.01	4.01%
ESE	ESCO Technologies Inc.	0.16%	$0.32	2.76%
CW	Curtiss-Wright Corporation	0.15%	$0.87	7.08%
MU	Micron Technology, Inc.	0.15%	$0.46	6.11%
SPCMU	Sound Point Acquisition Corp I, Ltd	0.15%	$0.02	1.33%
ENSG	The Ensign Group, Inc.	0.14%	$0.24	4.34%
JBL	Jabil Inc.	0.14%	$0.33	5.48%
PFIE	Profire Energy, Inc.	0.14%	$0.00	1.99%
0R0A.L	Hecla Mining Company	0.13%	$0.02	5.24%
GNW	Genworth Financial, Inc.	0.13%	$0.01	2.27%
ONIT	Onity Group Inc.	0.13%	$0.06	1.46%
0A7O.L	MicroStrategy Incorporated	0.12%	$0.19	0.73%
0KGS.L	Pegasystems Inc.	0.12%	$0.07	4.63%
PRTAX	T. Rowe Price Tax-Free Income Fd	0.12%	$0.01	89.04%
WDC	Western Digital Corporation	0.12%	$0.22	3.25%
GEV	GE Vernova Inc.	0.11%	$0.75	12.15%
MPLF.L	Marble Point Loan Financing Limited	0.11%	$0.07	92.98%
EPAC	Enerpac Tool Group Corp.	0.10%	$0.04	2.34%
GRBK	Green Brick Partners, Inc.	0.10%	$0.07	0.85%
IR	Ingersoll Rand Inc.	0.10%	$0.08	5.89%
RAL	Ralliant Corp.	0.10%	$0.05	2.75%
TXT	Textron Inc.	0.10%	$0.08	1.79%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Ticker

Industry

Sector

Red River Bancshares, Inc. (RRBI)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener