U.S. Undiscovered Gems With Strong Fundamentals

Affinity Bancshares

Market Cap: US$120.6m

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

Morris State Bancshares

Market Cap: US$255.6m

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

Southern Michigan Bancorp

Market Cap: US$104.1m

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.

ASA Gold and Precious Metals

Market Cap: US$662.2m

A publicly owned investment manager.

Solesence

Market Cap: US$258.0m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

Wilson Bank Holding

Market Cap: US$1.8b

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to consumers, professionals, small businesses, and municipalities in Tennessee.

Linkhome Holdings

Market Cap: US$107.1m

An artificial intelligence-driven property technology company, provides real estate related services in the United States.

Sound Financial Bancorp

Market Cap: US$119.1m

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

Oakworth Capital

Market Cap: US$159.3m

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

Valhi

Market Cap: US$494.2m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.

Metalpha Technology Holding

Market Cap: US$107.1m

Provides wealth management services in Hong Kong.

First Northern Community Bancorp

Market Cap: US$182.9m

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.

FineMark Holdings

Market Cap: US$507.3m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

Pure Cycle

Market Cap: US$251.6m

Provides wholesale water and wastewater services in the United States.

First Bancorp

Market Cap: US$298.9m

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

FRMO

Market Cap: US$387.4m

Through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States.

Gulf Island Fabrication

Market Cap: US$110.3m

Operates as a fabricator of steel structures and modules in the United States.

Rich Sparkle Holdings

Market Cap: US$497.5m

Provides financial printing and corporate services in Hong Kong.

Reitar Logtech Holdings

Market Cap: US$231.0m

Through its subsidiaries, provides construction management and engineering design services.

Longduoduo

Market Cap: US$149.8m

Together its subsidiaries, provides preventive healthcare solutions in the People’s Republic of China.

Yuanbao

Market Cap: US$1.2b

Through its subsidiaries, provides online insurance distribution and services in the People’s Republic of China.

Timberland Bancorp

Market Cap: US$264.2m

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

Kish Bancorp

Market Cap: US$110.5m

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

First Ottawa Bancshares

Market Cap: US$137.1m

Operates as the bank holding company for American Commercial Bank & Trust, National Association that provides a range of banking and financial services to individual and corporate customers in LaSalle, Grundy, Cook, and other counties in Illinois.

FS Bancorp

Market Cap: US$162.7m

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

Fidelity D & D Bancorp

Market Cap: US$243.6m

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.

River Financial

Market Cap: US$270.3m

Operates as the bank holding company for the River Bank & Trust that provides financial services to small to medium-sized businesses, organizations, entrepreneurs, and individuals in the United States.

First Capital Bancshares

Market Cap: US$101.3m

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

InBankshares

Market Cap: US$145.9m

Offers a range of banking and mortgage services to individual and business customers in the United States.

Village Super Market

Market Cap: US$535.9m

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

Associated Capital Group

Market Cap: US$777.1m

Provides investment advisory services in the United States.

Tiptree

Market Cap: US$861.0m

Through its subsidiaries, provides specialty insurance products and related services in the United States and Europe.

Oil-Dri Corporation of America

Market Cap: US$908.3m

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

QDM International

Market Cap: US$599.0m

Operates as an insurance brokerage company primarily in Hong Kong.

Jiayin Group

Market Cap: US$710.3m

Engages in the provision of online consumer finance services in the People’s Republic of China.

Ohio Valley Banc

Market Cap: US$169.5m

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