U.S. Undiscovered Gems With Strong Fundamentals

Ohio Valley Banc

Market Cap: US$160.3m

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

Yuanbao

Market Cap: US$1.0b

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

InBankshares

Market Cap: US$132.8m

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

Alpine Banks of Colorado

Market Cap: US$439.0m

Provides banking products and services to individuals and businesses.

Kish Bancorp

Market Cap: US$107.8m

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

QDM International

Market Cap: US$744.4m

Operates as an insurance brokerage company primarily in Hong Kong.

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.

Cian

Market Cap: US$237.9m

Operates an online real estate classifieds platform in Russia.

Somerset Trust Holding

Market Cap: US$133.7m

Operates as the bank holding company for Somerset Trust Company that provides banking products and services in Pennsylvania.

Benchmark Bankshares

Market Cap: US$129.5m

Operates as the holding company for Benchmark Community Bank that provides various banking products and services in the United States.

Citizens Bancorp Investment

Market Cap: US$168.2m

Provides various banking products and services.

C&F Financial

Market Cap: US$217.9m

Operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses.

Ategrity Specialty Insurance Company Holdings

Market Cap: US$994.5m

Through its subsidiaries, provides excess and surplus lines insurance and reinsurance products to small and medium-sized businesses in the United States.

Permian Basin Royalty Trust

Market Cap: US$601.7m

Permian Basin Royalty Trust holds royalty interests in various oil and gas properties in the United States.

John Marshall Bancorp

Market Cap: US$274.0m

Operates as the bank holding company for John Marshall Bank that provides banking products and financial services in the United States.

Ranger Energy Services

Market Cap: US$277.6m

Provides onshore high specification well service rigs, wireline services, and complementary services to exploration and production companies in the United States.

NL Industries

Market Cap: US$323.4m

Through its subsidiaries, operates in the component products industry in Europe, North America, the Asia Pacific, and internationally.

Phoenix Asia Holdings

Market Cap: US$185.3m

Engages in the substructure works in Hong Kong.

Penns Woods Bancorp

Market Cap: US$245.2m

Operates as the bank holding company for Jersey Shore State Bank, which provides commercial and retail banking services to individuals, partnerships, non-profit organizations, and corporations in the United States.

American Business Bank

Market Cap: US$407.1m

A California-chartered bank, provides banking products and services to small and medium-sized firms, non-profits, business executives, and professionals in Southern California.

AdvanSix

Market Cap: US$678.1m

Engages in the manufacture and sale of polymer resins in the United States and internationally.

Transcontinental Realty Investors

Market Cap: US$386.0m

A Dallas-based real estate investment company, holds a diverse portfolio of equity real estate located across the U.S., including office buildings, apartments, shopping centers, and developed and undeveloped land.

W.T.B. Financial

Market Cap: US$735.6m

Operates as the bank holding company for Washington Trust Bank that provides banking, fiduciary, asset management, mortgage banking, and other financial services to corporate and individual customers in the United States.

Lake Area Corn Processors

Market Cap: US$162.9m

Through its subsidiary, Dakota Ethanol, L.L.C., owns and manages an ethanol plant in South Dakota.

Thomasville Bancshares

Market Cap: US$518.5m

Operates as the bank holding company for Thomasville National Bank that provides a range of banking services to individual and corporate customers primarily in Thomas and Glynn counties, Georgia, Leon County, Florida, and the surrounding counties.

QNB

Market Cap: US$125.3m

Operates as the bank holding company for QNB Bank that engages in the provision of commercial and retail banking products, and retail brokerage services in the United States.

Natural Grocers by Vitamin Cottage

Market Cap: US$920.1m

Natural Grocers by Vitamin Cottage, Inc., together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States.

Mesabi Trust

Market Cap: US$328.0m

A royalty trust, engages in iron ore mining business in the United States.

Daily Journal

Market Cap: US$601.5m

Daily Journal Corporation publishes newspapers and websites covering in California, Arizona, Utah, and Australia.

Five Point Holdings

Market Cap: US$861.3m

Designs, owns, and develops mixed-use planned communities in Orange County, Los Angeles County, and San Francisco County.

GAMCO Investors

Market Cap: US$537.9m

A publicly owned holding investment manager.

Exchange Bank (Santa Rosa CA)

Market Cap: US$180.0m

Provides commercial and retail banking products and services to individuals and businesses in California.

ECB Bancorp

Market Cap: US$144.5m

ECB Bancorp, Inc. operating as a holding company for Everett Co-operative Bank that provides various banking products and services.

707 Cayman Holdings

Market Cap: US$107.8m

Sells and distributes fashion apparel products in Hong Kong, Western Europe, North America, the Middle East, and internationally.

Unit

Market Cap: US$267.0m

Engages in the exploration, acquisition, development, and production of oil and natural gas properties in the United States.

G. Willi-Food International

Market Cap: US$264.2m

Designs, imports, markets, and distributes food products under the Willi-Food and Euro European Dairies brand name worldwide.