Global Banks Undervalued Dividend Payers

Industrial and Commercial Bank of China

Market Cap: HK$2.9t

Provides banking products and services in the People's Republic of China and internationally.

Agricultural Bank of China

Market Cap: HK$2.5t

Provides banking products and services.

China Construction Bank

Market Cap: HK$2.2t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Wells Fargo

Market Cap: US$266.7b

A financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally.

Bank of China

Market Cap: HK$2.0t

Provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally.

Banco Bilbao Vizcaya Argentaria

Market Cap: €124.8b

Provides various financial services in Spain, Mexico, Turkey, South America, Europe, the United States, and Asia.

UniCredit

Market Cap: €124.3b

Provides commercial banking services in Italy, Germany, Central Europe, and Eastern Europe.

Canadian Imperial Bank of Commerce

Market Cap: CA$152.4b

A diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally.

Bank of Nova Scotia

Market Cap: CA$152.2b

Provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally.

PNC Financial Services Group

Market Cap: US$101.2b

Operates as a diversified financial services company in the United States.

U.S. Bancorp

Market Cap: US$97.2b

A financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States.

ING Groep

Market Cap: €81.3b

Provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally.

Postal Savings Bank of China

Market Cap: HK$676.9b

Provides various banking products and services for retail and corporate customers in the People’s Republic of China.

Bank of Communications

Market Cap: HK$646.9b

Provides commercial banking products and services in China and internationally.

NatWest Group

Market Cap: UK£52.8b

Provides banking and financial products and services in the United Kingdom and internationally.

Truist Financial

Market Cap: US$64.4b

A financial services company, provides banking and trust services in the Southeastern and Mid-Atlantic United States.

China CITIC Bank

Market Cap: CN¥379.2b

Provides various banking products and services in the People’s Republic of China and internationally.

Industrial Bank

Market Cap: CN¥366.8b

Provides banking products and services in the People’s Republic of China.

M&T Bank

Market Cap: US$35.5b

Operates as a bank holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provides retail and commercial banking products and services in the United States.

Bank of Jiangsu

Market Cap: CN¥203.3b

Provides various banking products and services in China.

Ping An Bank

Market Cap: CN¥202.8b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

TS Financial Holding

Market Cap: NT$916.3b

Provides various financial products and services.

Sumitomo Mitsui Trust Group

Market Cap: JP¥4.5t

Operates as a trust bank in Japan and internationally.

Regions Financial

Market Cap: US$26.5b

A financial holding company, provides various banking and related products and services to individual and corporate customers.

KeyCorp

Market Cap: US$25.1b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

AIB Group

Market Cap: €21.9b

Provides banking and financial products and services to personal, business, and corporate customers in the Republic of Ireland, the United Kingdom, and internationally.

Hana Financial Group

Market Cap: ₩34.6t

Through its subsidiaries, provides financial services in South Korea, Hong Kong, Singapore, the United States, Japan, China, Indonesia, the United Kingdom, Canada, and internationally.

CIMB Group Holdings Berhad

Market Cap: RM 82.6b

Provides various banking products and services in Malaysia and internationally.

Bank of Nanjing

Market Cap: CN¥131.5b

Engages in the provision of various financial products and services in China.

Bank of Shanghai

Market Cap: CN¥126.6b

Provides various banking products and services in China.

East West Bancorp

Market Cap: US$18.0b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

E.SUN Financial Holding Company

Market Cap: NT$562.0b

Offers various financial banking products and services in Taiwan.

Bank of Hangzhou

Market Cap: CN¥109.7b

Provides various banking products and services in China.

Hua Xia Bank

Market Cap: CN¥107.9b

Provides commercial banking services in China and Hong Kong.

Woori Financial Group

Market Cap: ₩23.0t

Operates as a bank which provides various financial services in Korea, China, the United States, the United Kingdom, Japan, and internationally.

Bank of Beijing

Market Cap: CN¥103.6b

Provides various banking services to individuals and corporates in China.