Global Banks Undervalued based on future growth

Shanghai Pudong Development Bank

Market Cap: CN¥376.8b

Shanghai Pudong Development Bank Co., Ltd.

Sberbank of Russia

Market Cap: ₽3.0t

Sberbank of Russia, together with its subsidiaries, provides corporate and retail banking products and services to individuals, small businesses, corporate clients, and financial institutions.

China Everbright Bank

Market Cap: CN¥199.9b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.

Bank of Jiangsu

Market Cap: CN¥187.4b

Provides various banking products and services in China.

Bank of Ningbo

Market Cap: CN¥174.9b

Provides various personal and business banking products and services in the People's Republic of China.

Banco do Brasil

Market Cap: R$126.3b

Provides banking products and services for individuals, companies, and public sectors in Brazil and internationally.

Citizens Financial Group

Market Cap: US$22.7b

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.

Bank of Nanjing

Market Cap: CN¥135.5b

Provides various financial products and services in China.

Bank of Beijing

Market Cap: CN¥119.2b

Provides various banking services to personal and corporate customers in China.

Bank of Hangzhou

Market Cap: CN¥110.3b

Provides various banking products and services to individuals, corporate, and small and micro businesses in China.

Hua Xia Bank

Market Cap: CN¥108.9b

Provides commercial banking services in China and Hong Kong.

Turkiye Garanti Bankasi

Market Cap: ₺615.3b

Provides various banking products and services in Turkey.

TS Financial Holding

Market Cap: NT$438.9b

Provides various financial products and services.

Woori Financial Group

Market Cap: ₩19.4t

Operates as a commercial bank which provides various financial services to individual, business, and institutional customers in Korea.

Raiffeisen Bank International

Market Cap: €9.6b

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

China Zheshang Bank

Market Cap: HK$87.4b

Provides various commercial banking products and services in Mainland China.

Israel Discount Bank

Market Cap: ₪37.1b

Provides various banking and financial services in Israel, Europe, and North America.

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫286.8t

Provides various banking products and services for individuals, corporate customers, and financial institutions in Vietnam.

mBank

Market Cap: zł38.3b

Provides various banking and financial services in Poland, the Czech Republic, Slovakia, and internationally.

Bank of Chengdu

Market Cap: CN¥73.7b

Provides various commercial banking products and services in China.

Türkiye Is Bankasi

Market Cap: ₺428.8b

Provides various banking products and services in Turkey.

Vietnam Commercial Bank for Industry and Trade

Market Cap: ₫268.5t

Provides various banking products and services to individuals, businesses, and organizations in Vietnam and internationally.

SouthState Bank

Market Cap: US$10.1b

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.

Vietnam Technological and Commercial Bank

Market Cap: ₫264.9t

Provides personal and corporate banking products and services in Vietnam and internationally.

Western Alliance Bancorporation

Market Cap: US$9.8b

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

UMB Financial

Market Cap: US$9.1b

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

Absa Group

Market Cap: R152.3b

Provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.

Old National Bancorp

Market Cap: US$8.6b

Operates as the bank holding company for Old National Bank that provides consumer and commercial banking services in the United States.

Akbank T.A.S

Market Cap: ₺343.2b

Provides various banking products and services in Turkey and internationally.

Military Commercial Bank

Market Cap: ₫212.2t

Provides banking products and services.

Columbia Banking System

Market Cap: US$7.8b

Operates as the Bank holding company of Columbia Bank that provides banking, private banking, mortgage, and other financial services in the United States.

Pinnacle Financial Partners

Market Cap: US$7.3b

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

Yapi ve Kredi Bankasi

Market Cap: ₺295.5b

Provides commercial banking and financial products and services in Turkey and internationally.

Halyk Bank of Kazakhstan

Market Cap: US$6.8b

Provides corporate and retail banking services primarily in the Republic of Kazakhstan, Kyrgyzstan, Georgia, and Uzbekistan.

Türkiye Vakiflar Bankasi Türk Anonim Ortakligi

Market Cap: ₺271.5b

Provides corporate, commercial, SME, agricultural, and modern banking products and services in Turkey and internationally.

Valley National Bancorp

Market Cap: US$6.1b

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