U.S. Undiscovered Gems With Strong Fundamentals

GAMCO Investors

Market Cap: US$541.2m

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.

Comstock Holding Companies

Market Cap: US$109.1m

Operates as a asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C.

BankFirst Capital

Market Cap: US$222.9m

Operates as the bank holding company for BankFirst Financial Services that provides banking and financial services to individual and corporate customers in Mississippi, and northwest and west Alabama.

Five Point Holdings

Market Cap: US$858.9m

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

Waterstone Financial

Market Cap: US$270.5m

Operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin, the United States.

Tompkins Financial

Market Cap: US$962.2m

A financial holding company, provides commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance services.

Muncy Columbia Financial

Market Cap: US$167.9m

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

EACO

Market Cap: US$261.9m

Through its subsidiary, Bisco Industries, Inc., distributes and sells electronic components and fasteners in the United States, Asia, Canada, and internationally.

McRae Industries

Market Cap: US$108.2m

Manufactures, sells, and distributes boot products for the western/lifestyle and work boot markets.

Truxton

Market Cap: US$226.2m

Through its subsidiaries, provides various banking, investment management, and trust administration services to individuals, businesses, and charitable institutions in the United States.

National HealthCare

Market Cap: US$1.7b

Engages in the operation of services to skilled nursing facilities, assisted and independent living facilities, homecare and hospice agencies, and health hospitals.

Escalade

Market Cap: US$206.5m

Manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally.

Tengjun Biotechnology

Market Cap: US$201.4m

Tengjun Biotechnology Corp., through its subsidiaries, engages in producing, packaging, distributing, and marketing featured dandelion teas and water purifiers in the People’s Republic of China.

Summit Bank Group

Market Cap: US$109.9m

Summit Bank Group, Inc., together with its subsidiaries, commercial banking, financing, real estate lending, and other services in Lane, Deschutes, Multnomah, and Washington counties in Oregon.

Horizon Kinetics Holding

Market Cap: US$764.0m

An employee owned investment manager.

Pioneer Bancorp

Market Cap: US$314.4m

Operates as a holding company for Pioneer Bank, National Association that provides various banking products and services in New York.

Central Securities

Market Cap: US$1.4b

Central Securities Corp. is a publicly owned investment manager.

Weyco Group

Market Cap: US$322.8m

Designs, markets, and distributes footwear for men, women, and children in the United States, Canada, Australia, Asia, and South Africa.

Old Point Financial

Market Cap: US$207.7m

Operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services in Virginia, the United States.

Landmark Bancorp

Market Cap: US$163.4m

Operates as the financial holding company for Landmark National Bank that provides various financial and banking services to its local communities.

Hawthorn Bancshares

Market Cap: US$209.0m

Operates as the bank holding company for Hawthorn Bank that provides various banking products and services to families and businesses.

X Financial

Market Cap: US$802.4m

Operates as an online personal finance company in the People's Republic of China.

PrimeEnergy Resources

Market Cap: US$260.5m

Through its subsidiaries, engages in acquisition, development, and production of oil and natural gas properties in the United States.

Adams Natural Resources Fund

Market Cap: US$575.1m

A publicly owned investment manager.

Mountain Commerce Bancorp

Market Cap: US$129.2m

Operates as the bank holding company for Mountain Commerce Bank that provides banking services for small- and medium-sized businesses, professionals, and affluent individuals.

Greene County Bancorp

Market Cap: US$422.8m

Operates as a holding company for The Bank of Greene County that provides various financial services in the United States.

Tri City Bankshares

Market Cap: US$131.3m

Through its subsidiary, Tri City National Bank, provides various banking products and services in Southeastern Wisconsin.

Virginia National Bankshares

Market Cap: US$207.6m

Operates as the holding company for Virginia National Bank that provides a range of commercial and retail banking products and services in Virginia.

River City Bank

Market Cap: US$499.6m

Provides various banking services in El Dorado, Placer, Sacramento, and Yolo, California.

Primary Bank

Market Cap: US$116.3m

Provides financial services to small and medium-sized businesses in New Hampshire, the United States.

Q.E.P

Market Cap: US$131.6m

Designs, manufactures, and distributes flooring installation solutions for commercial and home improvement projects in the United States and internationally.

Copper Property CTL Pass Through Trust

Market Cap: US$945.0m

Owns, operates, and leases retail properties in the United States.

PB Financial

Market Cap: US$146.8m

Operates as the financial holding company for Providence Bank that provides commercial and retail banking products and services.

First Farmers and Merchants

Market Cap: US$167.0m

Operates as the bank holding company for First Farmers and Merchants Bank that provides a range of banking and financial services to individual and corporate customers in Middle Tennessee and Northern Alabama.

Espey Mfg. & Electronics

Market Cap: US$124.7m

A power electronics design and original equipment manufacturing company, designs, manufactures, and tests electronic equipment primarily for use in military and industrial applications in the United States.