U.S. Undiscovered Gems With Strong Fundamentals

Morris State Bancshares

Market Cap: US$264.1m

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

ASA Gold and Precious Metals

Market Cap: US$1.0b

A publicly owned investment manager.

First Northern Community Bancorp

Market Cap: US$211.3m

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.

Affinity Bancshares

Market Cap: US$123.4m

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

Pure Cycle

Market Cap: US$276.6m

Provides water and wastewater services in the United States.

FRMO

Market Cap: US$331.1m

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

Franklin Financial Services

Market Cap: US$236.8m

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.

Epsilon Energy

Market Cap: US$117.4m

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.

FineMark Holdings

Market Cap: US$466.9m

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

Southern Michigan Bancorp

Market Cap: US$110.9m

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$113.2m

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

First Bancorp

Market Cap: US$303.9m

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

Metalpha Technology Holding

Market Cap: US$111.0m

Provides wealth management services in Hong Kong.

Tri-County Financial Group

Market Cap: US$115.9m

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.

Seneca Foods

Market Cap: US$753.4m

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

Oakworth Capital

Market Cap: US$180.0m

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

Union Bankshares

Market Cap: US$106.4m

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

Magyar Bancorp

Market Cap: US$108.9m

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.

Community Bancorp

Market Cap: US$133.7m

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.

Leifras

Market Cap: US$119.3m

Operates as a sports and social business company in Japan.

Fidelity D & D Bancorp

Market Cap: US$256.7m

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.

Tiptree

Market Cap: US$682.3m

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

Yuanbao

Market Cap: US$968.6m

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

Ohio Valley Banc

Market Cap: US$196.7m

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

Resolute Holdings Management

Market Cap: US$1.8b

Operates as an alternative asset management platform.

Hingham Institution for Savings

Market Cap: US$676.6m

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

Skyline Bankshares

Market Cap: US$103.2m

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.

FS Bancorp

Market Cap: US$171.4m

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

Jiayin Group

Market Cap: US$359.7m

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

Timberland Bancorp

Market Cap: US$291.5m

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

Hamilton Beach Brands Holding

Market Cap: US$220.1m

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

Oil-Dri Corporation of America

Market Cap: US$694.9m

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

InBankshares

Market Cap: US$139.0m

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

SR Bancorp

Market Cap: US$130.6m

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$595.6m

Provides banking products and services to individuals and businesses.

Century Next Financial

Market Cap: US$107.5m

Operates as the holding company for the Century Next Bank that provides various banking products and services in Louisiana and Arkansas.