U.S. Banks Undervalued Small Caps

First Internet Bancorp

Market Cap: US$200.6m

Operates as the bank holding company for First Internet Bank of Indiana that provides various commercial, small business, consumer, and municipal banking products and services to individuals and commercial customers in the United States.

Avidbank Holdings

Market Cap: US$163.4m

Operates as a bank holding company for Avidbank that provides financial products and services to businesses and individuals in the Santa Clara, San Mateo, and San Francisco counties.

Berkshire Hills Bancorp

Market Cap: US$1.2b

Operates as the bank holding company for Berkshire Bank that provides commercial and retail banking consumer lending, private banking and wealth management services in the United States.

CNB Financial

Market Cap: US$465.1m

Operates as the bank holding company for CNB Bank that provides various banking products and services for individual, business, governmental, and institutional customers.

Plumas Bancorp

Market Cap: US$258.1m

Operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses and individuals in California, Nevada, and Oregon.

Chemung Financial

Market Cap: US$222.6m

Operates as a bank holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services.

Carter Bankshares

Market Cap: US$366.2m

Operates as the bank holding company for Carter Bank & Trust that provides various retail and commercial banking products and insurance services in the United States.

Business First Bancshares

Market Cap: US$710.6m

Operates as the bank holding company for b1BANK that provides various banking products and services in Louisiana and Texas.

Meridian

Market Cap: US$147.2m

Operates as the bank holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Maryland, and Florida.

Colony Bankcorp

Market Cap: US$277.1m

Operates as the bank holding company for Colony Bank that provides various banking products and services to retail and commercial customers in the United States.

Civista Bancshares

Market Cap: US$356.2m

Operates as the financial holding company for Civista Bank that provides community banking services in the United States.

OP Bancorp

Market Cap: US$190.9m

Operates as the bank holding company for Open Bank that provides banking products and services.

Unity Bancorp

Market Cap: US$441.6m

Operates as the bank holding company for Unity Bank that provides commercial and retail banking services.

Equity Bancshares

Market Cap: US$696.7m

Operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers.

Mid Penn Bancorp

Market Cap: US$560.3m

Operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations.

Northeast Bank

Market Cap: US$725.9m

Provides various banking services to individual and corporate customers in Maine.

Bar Harbor Bankshares

Market Cap: US$465.6m

Operates as the holding company for Bar Harbor Bank & Trust that provides banking and nonbanking products and services primarily to consumers and businesses.

West Bancorporation

Market Cap: US$330.5m

Operates as the financial holding company provides community banking and trust services to individuals and small- to medium-sized businesses in the United States.

Metropolitan Bank Holding

Market Cap: US$699.4m

Operates as the bank holding company for Metropolitan Commercial Bank that provides a range of business, commercial, and retail banking products and services.

USCB Financial Holdings

Market Cap: US$338.6m

Operates as the bank holding company for U.S.

MetroCity Bankshares

Market Cap: US$727.9m

Operates as the bank holding company for Metro City Bank that provides banking products and services in the United States.

Northpointe Bancshares

Market Cap: US$466.3m

Operates as the bank holding company for Northpointe Bank provides various banking products and services in the United States.

Peapack-Gladstone Financial

Market Cap: US$501.7m

Operates as the bank holding company for Peapack Private Bank & Trust that provides private banking and wealth management services in the United States.

Dime Community Bancshares

Market Cap: US$1.2b

Operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services.

Camden National

Market Cap: US$679.3m

Operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in the United States.

Live Oak Bancshares

Market Cap: US$1.2b

Operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States.

Orange County Bancorp

Market Cap: US$290.1m

Through its subsidiaries, provides commercial and consumer banking products and services.

Customers Bancorp

Market Cap: US$1.6b

Operates as the bank holding company for Customers Bank that provides banking products and services.

First Community

Market Cap: US$183.3m

Operates as the bank holding company for First Community Bank that provides various commercial and retail banking products and services to small-to-medium sized businesses, professionals, and individuals.

Central Pacific Financial

Market Cap: US$723.0m

Operates as the bank holding company for Central Pacific Bank that provides a range of commercial banking products and services to businesses, professionals, and individuals in the United States.

Brookline Bancorp

Market Cap: US$958.8m

Operates as a bank holding company for the Brookline Bank that provides commercial, business, and retail banking products and services to corporate, municipal, and retail customers in the United States.

Northwest Bancshares

Market Cap: US$1.6b

Operates as the bank holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions in the United States.