What is RBB Bancorp worth?
With the base-case assumptions below, a discounted cash flow model on RBB Bancorp's reported free cash flow gives $46.15 per share. The share price was $26.25 on November 10, 2026, 43% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -2.0% | 10.0% | $31.01 | +18% |
| Base | 3.0% | 9.0% | $46.15 | +76% |
| Bull | 8.0% | 8.0% | $74.41 | +184% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $56.84 | $60.07 | $64.03 | $68.97 | $75.32 |
| 8.0% | $48.88 | $50.98 | $53.46 | $56.43 | $60.07 |
| 9.0% | $43.06 | $44.49 | $46.15 | $48.08 | $50.36 |
| 10.0% | $38.61 | $39.63 | $40.79 | $42.11 | $43.64 |
| 11.0% | $35.11 | $35.86 | $36.69 | $37.63 | $38.70 |
Where the presets come from
Base: years 1 to 5 grow at RBB Bancorp's revenue growth rate over the last 5 fiscal years (2.9% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions