U.S. Undiscovered Gems With Strong Fundamentals

Cashmere Valley Bank

Market Cap: US$253.3m

A state chartered bank, provides banking products and services to small and middle-market businesses, and retail customers.

Pure Cycle

Market Cap: US$247.4m

Provides water and wastewater services in the United States.

NameSilo Technologies

Market Cap: US$121.1m

Through its subsidiaries, provides domain name registration services in the United States, East and South Asia, South East Asia, Australasia, and internationally.

ASA Gold and Precious Metals

Market Cap: US$1.2b

A publicly owned investment manager.

Morris State Bancshares

Market Cap: US$258.0m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Security Federal

Market Cap: US$113.2m

Operates as the bank holding company for Security Federal Bank that provides various banking products and services.

Oakworth Capital

Market Cap: US$186.9m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

Kingstone Companies

Market Cap: US$218.8m

Through its subsidiary, Kingstone Insurance Company ("KICO"), provides property and casualty insurance products in the United States.

Affinity Bancshares

Market Cap: US$116.1m

Operates as the holding company for Affinity Bank that provides various banking products and services in Georgia.

Sound Financial Bancorp

Market Cap: US$104.7m

Operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses.

Union Bankshares

Market Cap: US$107.8m

Operates as the bank holding company for Union Bank that provides retail, commercial, and municipal banking products and services in the United States.

New Peoples Bankshares

Market Cap: US$101.3m

Operates as a financial holding company for New Peoples Bank, Inc.

Winchester Bancorp

Market Cap: US$119.6m

Operates as a bank holding company for Winchester Savings Bank that provides banking products and services in the United States.

First Northern Community Bancorp

Market Cap: US$232.2m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

Seneca Foods

Market Cap: US$963.3m

Provides packaged fruits and vegetables in the United States and internationally.

Epsilon Energy

Market Cap: US$167.7m

A North American onshore independent natural gas and oil company, engages in the acquisition, exploration, development, gathering, and production of natural oil and gas reserves.

Tri-County Financial Group

Market Cap: US$123.1m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services, and insurance services to individuals and businesses in the United States.

Oxford Bank

Market Cap: US$105.2m

Operates as the holding company for Oxford Bank that provides various banking products and services to various customers in Michigan.

First Bancorp

Market Cap: US$308.4m

Operates as the bank holding company for First National Bank that provides a range of banking products and services to individual and corporate customers.

Southern Michigan Bancorp

Market Cap: US$118.8m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

Oil-Dri Corporation of America

Market Cap: US$920.3m

Develops, manufactures, and markets sorbent products in the United States and internationally.

Village Super Market

Market Cap: US$624.9m

Engages in the operation of a chain of supermarkets in the United States.

Hingham Institution for Savings

Market Cap: US$586.3m

Provides various financial services to individuals and small businesses in the United States.

River Financial

Market Cap: US$391.6m

Operates as the bank holding company for River Bank & Trust that provides commercial and consumer banking services to small to medium-sized businesses, organizations, entrepreneurs, and individuals in Alabama and the Florida Panhandle.

FS Bancorp

Market Cap: US$181.9m

Operates as the holding company for Farmers State Bank that provides banking products and services to individuals and business customers in Indiana and Michigan.

QDM International

Market Cap: US$879.0m

Operates as an insurance brokerage company primarily in Hong Kong.

AMTD Digital

Market Cap: US$528.0m

Through its subsidiaries, provides digital solutions; media and entertainment services; and hotel operations, hospitality, and very important person (VIP) services in China, Hong Kong, Europe, the Americas and Southeast Asia.

Agencia Comercial Spirits

Market Cap: US$316.8m

Imports, procures, distributes, and sells bottled, raw cask, and proprietary brand whisky products in Taiwan and international markets.

First Capital Bancshares

Market Cap: US$124.9m

Operates as a holding company for First Capital Bank that provides commercial banking services in the United States.

SR Bancorp

Market Cap: US$133.1m

Operates as the holding company for Somerset Regal Bank that provides retail and commercial banking services to individuals, businesses, and local municipalities in the communities of Essex, Hunterdon, Middlesex, Morris, Somerset, and Union counties in New Jersey.

Alpine Banks of Colorado

Market Cap: US$766.2m

Provides banking products and services to individuals and businesses.

Kish Bancorp

Market Cap: US$143.7m

A diversified financial services company, provides various banking products and services primarily in central Pennsylvania and the surrounding areas.

Fidelity D & D Bancorp

Market Cap: US$247.6m

Operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers.

Ohio Valley Banc

Market Cap: US$194.1m

Operates as the bank holding company for The Ohio Valley Bank Company that provides commercial and consumer banking products and services.

Timberland Bancorp

Market Cap: US$298.9m

Operates as the bank holding company for Timberland Bank that provides various community banking services in Washington.

Butler National

Market Cap: US$237.1m

Designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems.