U.S. Undiscovered Gems With Strong Fundamentals

First Bancorp

Market Cap: US$289.0m

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

Epsilon Energy

Market Cap: US$107.0m

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.

Affinity Bancshares

Market Cap: US$119.4m

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

Pure Cycle

Market Cap: US$267.5m

Provides water and wastewater services in the United States.

First Northern Community Bancorp

Market Cap: US$207.1m

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.

Seneca Foods

Market Cap: US$832.1m

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

Franklin Financial Services

Market Cap: US$218.6m

Operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to businesses, individuals, governmental entities in Pennsylvania.

Oakworth Capital

Market Cap: US$174.7m

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

FineMark Holdings

Market Cap: US$452.3m

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

Morris State Bancshares

Market Cap: US$239.6m

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

Tri-County Financial Group

Market Cap: US$116.5m

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.

Sound Financial Bancorp

Market Cap: US$114.1m

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

ASA Gold and Precious Metals

Market Cap: US$899.8m

A publicly owned investment manager.

Senstar Technologies

Market Cap: US$109.2m

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

Metalpha Technology Holding

Market Cap: US$123.5m

Provides wealth management services in Hong Kong.

Southern Michigan Bancorp

Market Cap: US$108.7m

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.

FRMO

Market Cap: US$357.0m

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

FS Bancorp

Market Cap: US$174.0m

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

Oil-Dri Corporation of America

Market Cap: US$836.0m

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

Hamilton Beach Brands Holding

Market Cap: US$190.8m

Designs, markets, and distributes small electric household and specialty housewares appliances in the United States and internationally.

Kish Bancorp

Market Cap: US$122.4m

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

SR Bancorp

Market Cap: US$121.4m

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.

Village Super Market

Market Cap: US$504.6m

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

Calvin B. Taylor Bankshares

Market Cap: US$146.4m

Operates as the holding company for Calvin B.

Tiptree

Market Cap: US$727.0m

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

Agencia Comercial Spirits

Market Cap: US$224.1m

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

Resolute Holdings Management

Market Cap: US$1.4b

Operates as an alternative asset management platform.

Fidelity D & D Bancorp

Market Cap: US$256.9m

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.

Jiayin Group

Market Cap: US$465.4m

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

Butler National

Market Cap: US$154.3m

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

Yuanbao

Market Cap: US$966.1m

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

Ohio Valley Banc

Market Cap: US$167.4m

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

QDM International

Market Cap: US$267.9m

Operates as an insurance brokerage company primarily in Hong Kong.

Hingham Institution for Savings

Market Cap: US$606.2m

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

Skyline Bankshares

Market Cap: US$104.4m

Operates as the holding company for the Skyline National Bank that provides a range of retail and commercial banking services to individuals, and small and medium sized businesses in the United States.

Magyar Bancorp

Market Cap: US$106.9m

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.