U.S. Banks Undervalued Dividend Payers

Wells Fargo

Market Cap: US$265.0b

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

PNC Financial Services Group

Market Cap: US$101.5b

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

U.S. Bancorp

Market Cap: US$98.2b

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

Truist Financial

Market Cap: US$65.8b

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

M&T Bank

Market Cap: US$36.4b

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.

Regions Financial

Market Cap: US$26.9b

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

KeyCorp

Market Cap: US$25.4b

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

East West Bancorp

Market Cap: US$18.1b

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.

Webster Financial

Market Cap: US$12.4b

Operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States.

First Horizon

Market Cap: US$11.8b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

Zions Bancorporation National Association

Market Cap: US$10.5b

Provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming.

SouthState Bank

Market Cap: US$9.9b

Operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies in the United States.

Western Alliance Bancorporation

Market Cap: US$8.8b

Operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada.

Valley National Bancorp

Market Cap: US$8.2b

Operates as the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products.

Prosperity Bancshares

Market Cap: US$7.3b

Operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers.

F.N.B

Market Cap: US$6.8b

A bank and financial holding company, provides a range of financial products and services primarily to consumers, corporations, governments, and small- to medium-sized businesses in the United States.

Associated Banc-Corp

Market Cap: US$5.8b

A bank holding company, provides various banking and nonbanking products and services to individuals and businesses in Wisconsin, Illinois, Missouri, Texas, and Minnesota.

Bank OZK

Market Cap: US$5.6b

Operates as a full-service Arkansas state-chartered bank that provides retail and commercial banking services.

Fulton Financial

Market Cap: US$4.7b

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

Cathay General Bancorp

Market Cap: US$4.2b

Operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States.

WesBanco

Market Cap: US$3.8b

Operates as the bank holding company for WesBanco Bank, Inc.

First Financial Bancorp

Market Cap: US$3.7b

Operates as the bank holding company for First Financial Bank that provides commercial banking and banking-related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois.

Simmons First National

Market Cap: US$3.4b

Operates as the bank holding company for Simmons Bank that provides banking and other financial products and services to individuals and businesses.

Banc of California

Market Cap: US$3.2b

Operates as the bank holding company for Banc of California that provides banking and treasury management services in the United States.

Provident Financial Services

Market Cap: US$3.1b

Operates as the bank holding company for Provident Bank that provides various banking products and services to individuals, families, and businesses in the United States.

First Merchants

Market Cap: US$2.8b

Operates as the financial holding company for First Merchants Bank that provides commercial and consumer banking services.

Banner

Market Cap: US$2.4b

Operates as the bank holding company for Banner Bank that engages in the provision of commercial banking and financial products and services to individuals, businesses, and public sector entities in the United States.

OFG Bancorp

Market Cap: US$2.1b

A financial holding company, provides a range of banking and financial services in the United States.

Dime Commercial Bancshares

Market Cap: US$1.8b

Operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services in the United Stated.

Peoples Bancorp

Market Cap: US$1.4b

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

Preferred Bank

Market Cap: US$1.3b

Provides various banking products and services to small and mid-sized businesses, entrepreneurs, real estate developers, professionals, and high net worth individuals.

Mercantile Bank

Market Cap: US$998.3m

Operates as the bank holding company for Mercantile Bank that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States.

Camden National

Market Cap: US$916.1m

Operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in the United States.

Orrstown Financial Services

Market Cap: US$805.0m

Operates as the financial holding company for Orrstown Bank that provides commercial banking and financial advisory services to retail, commercial, non-profit, and government clients in the United States.

Independent Bank

Market Cap: US$747.8m

Operates as the bank holding company for Independent Bank that provides banking services in the United States.

Civista Bancshares

Market Cap: US$586.5m

Operates as the financial holding company for Civista Bank that provides banking services in the United States.