U.S. Undiscovered Gems With Strong Fundamentals

Morris State Bancshares

Market Cap: US$260.9m

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$107.5m

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.

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.

Oakworth Capital

Market Cap: US$159.8m

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

ASA Gold and Precious Metals

Market Cap: US$585.6m

A publicly owned investment manager.

Affinity Bancshares

Market Cap: US$119.2m

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

Pure Cycle

Market Cap: US$234.7m

Provides wholesale water and wastewater services in the United States.

First Northern Community Bancorp

Market Cap: US$173.0m

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.

Gulf Island Fabrication

Market Cap: US$111.5m

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

FRMO

Market Cap: US$380.8m

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

First Bancorp

Market Cap: US$277.7m

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

Sound Financial Bancorp

Market Cap: US$116.6m

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

Valhi

Market Cap: US$436.6m

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

Solesence

Market Cap: US$195.6m

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

FineMark Holdings

Market Cap: US$487.6m

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

Preformed Line Products

Market Cap: US$732.8m

Designs and manufactures products and systems that are used in the construction and maintenance of overhead, ground-mounted, and underground networks for the energy, telecommunication, cable, data communication, and other industries.

Rich Sparkle Holdings

Market Cap: US$391.9m

Provides financial printing and corporate services in Hong Kong.

Reitar Logtech Holdings

Market Cap: US$256.0m

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

Metalpha Technology Holding

Market Cap: US$125.5m

Provides wealth management services in Hong Kong.

Longduoduo

Market Cap: US$149.8m

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

First Ottawa Bancshares

Market Cap: US$132.9m

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.

River Financial

Market Cap: US$269.7m

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.

InBankshares

Market Cap: US$145.9m

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

Associated Capital Group

Market Cap: US$785.3m

Provides investment advisory services in the United States.

National Presto Industries

Market Cap: US$681.6m

Provides housewares and small appliance, defense, and safety products in North America.

Timberland Bancorp

Market Cap: US$243.9m

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

Ohio Valley Banc

Market Cap: US$148.9m

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

First Capital Bancshares

Market Cap: US$100.8m

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

Alpine Banks of Colorado

Market Cap: US$448.8m

Provides banking products and services to individuals and businesses.

Oil-Dri Corporation of America

Market Cap: US$821.2m

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

First National Bank Alaska

Market Cap: US$839.2m

A commercial bank, provides various banking products and services for business, industry, and individual customers primarily in Alaska.

Village Super Market

Market Cap: US$500.8m

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

QDM International

Market Cap: US$906.1m

Operates as an insurance brokerage company primarily in Hong Kong.

Security National Financial

Market Cap: US$208.4m

Engages in the life insurance, cemetery and mortuary, and mortgage businesses.

Tiptree

Market Cap: US$759.8m

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

Magyar Bancorp

Market Cap: US$109.2m

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.