U.S. Undervalued Small Caps With Insider Buying

CNB Financial

Market Cap: US$727.4m

Operates as the bank holding company for CNB Bank that provides various banking products and services for individual, business, governmental, and institutional customers.

Shore Bancshares

Market Cap: US$542.2m

Operates as a bank holding company for the Shore United Bank, N.A.

Farmland Partners

Market Cap: US$424.0m

An internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to third-party farmers (both tenant and non-tenant) and landowners secured by farm real estate and/or other agricultural related assets.

PCB Bancorp

Market Cap: US$311.3m

Operates as the bank holding company for PCB Bank that provides various banking products and services to small and middle market businesses and individuals.

Peoples Bancorp

Market Cap: US$1.0b

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

S&T Bancorp

Market Cap: US$1.5b

Operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services to consumer, commercial, and small business in Pennsylvania and Ohio.

Merchants Bancorp

Market Cap: US$1.5b

Operates as the diversified bank holding company in the United States.

Hanmi Financial

Market Cap: US$801.5m

Operates as the holding company for Hanmi Bank that provides business banking products and services in the United States.

Citizens & Northern

Market Cap: US$342.2m

Operates as the bank holding company for Citizens & Northern Bank that provides various banking and related services to individual and corporate customers.

Kronos Worldwide

Market Cap: US$532.7m

Produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally.

Pebblebrook Hotel Trust

Market Cap: US$1.3b

Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust (“REIT”) and the largest owner of urban and resort lifestyle hotels in the United States.

Fidelity D & D Bancorp

Market Cap: US$255.4m

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.

Embassy Bancorp

Market Cap: US$132.3m

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.

Meridian

Market Cap: US$169.4m

Operates as the bank holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Maryland, and Florida.

Civista Bancshares

Market Cap: US$424.5m

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

Turtle Beach

Market Cap: US$298.9m

Operates as an audio technology company in North America, Europe, the Middle East, and the Asia Pacific.

Trinity Capital

Market Cap: US$1.1b

A business development company specializing in term loans, equipment financing, and private equity-related investments.

Granite Ridge Resources

Market Cap: US$666.8m

Operates as a non-operated oil and natural gas exploration and production company.

OneSpan

Market Cap: US$481.4m

Provides digital solutions for security, authentication, identity, electronic signature, and digital workflow products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions.

NexPoint Real Estate Finance

Market Cap: US$306.1m

Operates as a commercial mortgage real estate investment trust in the United States.

First Business Financial Services

Market Cap: US$433.4m

Operates as the bank holding company for First Business Bank that provides commercial banking products and services for small and medium-sized businesses, business owners, executives, professionals, and high net worth individuals in Wisconsin, Kansas, and Missouri.

Ellington Financial

Market Cap: US$1.4b

Through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States.

LCNB

Market Cap: US$220.6m

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

QNB

Market Cap: US$130.8m

Operates as the bank holding company for QNB Bank that engages in the provision of commercial and retail banking products, and retail brokerage services in the United States.

First Capital

Market Cap: US$147.7m

Operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers in Indiana and Kentucky, the United States.

Sunrise Realty Trust

Market Cap: US$124.7m

Engages in commercial real estate lending business in the United States.

Integra LifeSciences Holdings

Market Cap: US$948.7m

Manufactures and sells surgical instrument, neurosurgical, ear, nose, throat, and wound care products for use in neurosurgery, neurocritical care, and otolaryngology.

Ready Capital

Market Cap: US$439.4m

Operates as a real estate finance company in the United States.

Dine Brands Global

Market Cap: US$367.8m

Owns, franchises, and operates restaurants in the United States and internationally.

Farmers & Merchants Bancorp

Market Cap: US$330.3m

Operates as the bank holding company for The Farmers & Merchants State Bank that provides commercial banking services to individuals and small businesses in Northwest Ohio, Northeast Indiana, and Southeast Michigan.

Clipper Realty

Market Cap: US$159.7m

Clipper Realty Inc. (NYSE: CLPR) is a self-administered and self-managed real estate company that acquires, owns, manages, operates, and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn.

Capital Southwest

Market Cap: US$1.2b

Specializes in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, industry consolidation, recapitalizations and growth capital investments.

Peoples Financial Services

Market Cap: US$467.1m

Provides commercial and retail banking services.

Virco Mfg

Market Cap: US$111.4m

Engages in the design, production, and distribution of furniture in the United States and Canada.

Horizon Bancorp

Market Cap: US$822.6m

Operates as the bank holding company for Horizon Bank that engages in the provision of commercial and retail banking services.

Orion Properties

Market Cap: US$143.6m

Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S.