Italian Banks Potentially Undervalued Companies

Raiffeisen Bank International

Market Cap: €20.6b

Offers banking services to corporate, retail, and institutional customers.

First Horizon

Market Cap: €11.6b

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

Bank OZK

Market Cap: €5.4b

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

Crédit Agricole

Market Cap: €57.5b

Provides retail and corporate banking, insurance, and investment banking products and services in France, Italy, rest of the European Union, rest of Europe, North America, Central and South America, Africa, the Middle East, the Asia Pacific, and Japan.

ING Groep

Market Cap: €87.2b

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

Truist Financial

Market Cap: €61.4b

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

Société Générale Société anonyme

Market Cap: €55.0b

Provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally.

Valley National Bancorp

Market Cap: €7.8b

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

Wells Fargo

Market Cap: €256.4b

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

Erste Group Bank

Market Cap: €48.7b

Provides a range of banking and other financial services to retail, corporate, and public sector customers.

Bankinter

Market Cap: €15.0b

Provides various banking products and services to individuals, corporates, and small- and medium-sized enterprises in Spain, Luxembourg, Portugal, and Ireland.

Swedbank

Market Cap: €420.4b

Provides banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China.

Banca Sistema

Market Cap: €127.9m

Provides various business and retail banking products and services in Italy.

Regions Financial

Market Cap: €26.1b

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

UniCredit

Market Cap: €129.1b

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

KeyCorp

Market Cap: €23.4b

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

Svenska Handelsbanken

Market Cap: €293.0b

Provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally.

Citizens Financial Group

Market Cap: €29.4b

Operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.

UMB Financial

Market Cap: €10.9b

Operates as a bank holding company that provides banking services and asset servicing in the United States and internationally.

Skandinaviska Enskilda Banken

Market Cap: €432.5b

Provides corporate, retail, investment, and private banking services.

Banco Santander

Market Cap: €184.2b

Provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide.

Huntington Bancshares

Market Cap: €34.2b

Operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services.

Nordea Bank Abp

Market Cap: €59.3b

Offers banking products and services for individuals, families, and businesses in Sweden, Finland, Norway, Denmark, and internationally.

Bank of America

Market Cap: €436.6b

Through its subsidiaries, provides various financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide.

Banco BPM

Market Cap: €24.5b

Provides banking and financial products and services to individual, business, and corporate customers in Italy.

Banco Bilbao Vizcaya Argentaria

Market Cap: €137.7b

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

BNP Paribas

Market Cap: €115.9b

Provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Citigroup

Market Cap: €223.5b

A diversified financial service holding company, provides various financial products and services to consumers, corporations, governments, and institutions.

U.S. Bancorp

Market Cap: €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.

BPER Banca

Market Cap: €29.6b

Engages in the provision of banking products and services for individuals, and businesses and professionals in Italy and internationally.