U.S. Banks Potentially Undervalued Companies

First IC

Market Cap: US$197.7m

Operates as the bank holding company for First IC Bank that provides retail and commercial banking products and services in the United States.

Bank of Ayudhya

Market Cap: US$215.2b

Provides commercial banking products and services to individuals, corporates, small and medium-sized businesses, and financial institutions.

Commercial International Bank (Egypt)E

Market Cap: US$260.2b

Commercial International Bank Egypt (CIB) S.A.E.

Oconomowoc Bancshares

Market Cap: US$9.9m

Operates as the bank holding company for Bank Five Nine that provides banking products and services.

Bank7

Market Cap: US$451.8m

Operates as a bank holding company for Bank7 that provides banking and financial services to individual and corporate customers.

Independent Bank

Market Cap: US$3.5b

Operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses in the United States.

China CITIC Bank

Market Cap: US$424.7b

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

Skyline Bankshares

Market Cap: US$95.8m

Operates as the holding company for the Skyline National Bank that provides a range of retail and commercial banking services to individuals, and small and medium sized businesses in the United States.

DBS Group Holdings

Market Cap: US$142.6b

Provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally.

ChoiceOne Financial Services

Market Cap: US$441.9m

Operates as the bank holding company for ChoiceOne Bank that provides banking services in Michigan.

Embassy Bancorp

Market Cap: US$132.9m

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

Home Bancorp

Market Cap: US$431.6m

Operates as the bank holding company for Home Bank, National Association that provides various banking products and services in Louisiana, Mississippi, and Texas.

PNC Financial Services Group

Market Cap: US$80.4b

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

Banner

Market Cap: US$2.3b

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.

Alpine Banks of Colorado

Market Cap: US$505.6m

Provides banking products and services to individuals and businesses.

Fidelity D & D Bancorp

Market Cap: US$253.1m

Operates as the bank holding company for The Fidelity Deposit and Discount Bank that provides a range of banking, trust, and financial services to individuals, small businesses, and corporate customers.

Summit State Bank

Market Cap: US$81.5m

Provides various banking products and services to individuals and businesses primarily in Sonoma County, California.

Home Federal Bancorp of Louisiana

Market Cap: US$41.0m

Operates as the holding company for Home Federal Bank that provides various financial services to individuals, corporate entities, and other organizations in Louisiana.

River Financial

Market Cap: US$270.3m

Operates as the bank holding company for the River Bank & Trust that provides financial services to small to medium-sized businesses, organizations, entrepreneurs, and individuals in the United States.

CNB

Market Cap: US$27.2m

Operates as the bank holding company for Citizens National Bank that provides various banking services to individuals, agricultural businesses, commercial businesses, and light industries in the United States.

Oversea-Chinese Banking

Market Cap: US$73.1b

Provides financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally.

BOC Hong Kong (Holdings)

Market Cap: US$383.8b

An investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally.

First Ottawa Bancshares

Market Cap: US$148.9m

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.

Colony Bankcorp

Market Cap: US$311.0m

Operates as the bank holding company for Colony Bank that provides various banking products and services to retail and commercial customers in the United States.

Kish Bancorp

Market Cap: US$115.4m

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

Community Bancorp

Market Cap: US$126.0m

Operates as the bank holding company for Community National Bank that provides various financial services to individuals, businesses, nonprofit organizations, and municipalities in northern and central Vermont.

FS Bancorp

Market Cap: US$170.5m

Operates as the holding company for Farmers State Bank that provides banking products and services to individuals and business customers in Indiana and Michigan.

Timberland Bancorp

Market Cap: US$271.7m

Operates as the bank holding company for Timberland Bank that provides various community banking services in Washington.

Intesa Sanpaolo

Market Cap: US$95.9b

Provides various financial products and services primarily in Italy.

United Overseas Bank

Market Cap: US$56.9b

Provides banking products and services worldwide.

Crazy Woman Creek Bancorp

Market Cap: US$16.0m

Operates as the holding company for Buffalo Federal Bank that provides a range of banking products and services to individuals, families, and businesses in North-Central Wyoming.

JSB Financial

Market Cap: US$26.4m

Operates as the bank holding company for Jefferson Security Bank that provides various banking products and services.

Calvin B. Taylor Bankshares

Market Cap: US$150.7m

Operates as the holding company for Calvin B.

Uwharrie Capital

Market Cap: US$72.0m

Operates as the bank holding company for Uwharrie Bank that provides commercial banking services to individuals and small to medium-sized businesses in North Carolina.

Southern Banc Company

Market Cap: US$8.4m

Operates as the holding company for The Southern Bank company that provides various banking products and services in Alabama.

Kiatnakin Phatra Bank

Market Cap: US$44.0b

Engages in the provision of various banking products and services for commercial and public customers in Thailand.