U.S. Undiscovered Gems With Strong Fundamentals

Affinity Bancshares

Market Cap: US$119.6m

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

Morris State Bancshares

Market Cap: US$245.1m

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

Metalpha Technology Holding

Market Cap: US$109.4m

Provides wealth management services in Hong Kong.

First Northern Community Bancorp

Market Cap: US$182.1m

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.

Senstar Technologies

Market Cap: US$100.1m

Provides physical, video, and access control security products and solutions worldwide.

Southern Michigan Bancorp

Market Cap: US$105.0m

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.

Sound Financial Bancorp

Market Cap: US$118.7m

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

Rich Sparkle Holdings

Market Cap: US$456.3m

Provides financial printing and corporate services in Hong Kong.

Gulf Island Fabrication

Market Cap: US$109.1m

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

Mill City Ventures III

Market Cap: US$599.4m

A principal investment firm specializing investments in debt and equity securities of public and private companies to fund their operations whether its start-up, acquisition, or growth.

ASA Gold and Precious Metals

Market Cap: US$651.7m

A publicly owned investment manager.

Valhi

Market Cap: US$476.6m

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

Pure Cycle

Market Cap: US$243.9m

Provides wholesale water and wastewater services in the United States.

FRMO

Market Cap: US$396.6m

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

Solesence

Market Cap: US$274.9m

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

FineMark Holdings

Market Cap: US$503.6m

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

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.

First Bancorp

Market Cap: US$289.6m

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

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.

Calvin B. Taylor Bankshares

Market Cap: US$151.1m

Operates as the holding company for Calvin B.

Fidelity D & D Bancorp

Market Cap: US$235.8m

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.

Timberland Bancorp

Market Cap: US$254.9m

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

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.

Magyar Bancorp

Market Cap: US$113.2m

Operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States.

Tiptree

Market Cap: US$816.8m

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

Ohio Valley Banc

Market Cap: US$163.6m

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

Embassy Bancorp

Market Cap: US$121.8m

Operates as the bank holding company for the Embassy Bank for the Lehigh Valley that provides various banking and related financial products and services to individual, business, and government customers in Pennsylvania.

QDM International

Market Cap: US$539.1m

Operates as an insurance brokerage company primarily in Hong Kong.

First Ottawa Bancshares

Market Cap: US$139.4m

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.

InBankshares

Market Cap: US$145.9m

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

First Capital Bancshares

Market Cap: US$104.6m

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

Kish Bancorp

Market Cap: US$109.3m

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

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.

Community Bancorp

Market Cap: US$128.7m

Operates as the bank holding company for Community National Bank that provides various financial services to individuals, businesses, nonprofit organizations, and municipalities in northern and central Vermont.

Village Super Market

Market Cap: US$520.0m

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