Global Banks Undervalued based on future growth

Equity Group Holdings

Market Cap: KSh347.2b

Provides financial products and services in Kenya, the Democratic Republic of Congo, Rwanda, Tanzania, Uganda, South Sudan, and Ethiopia.

Regional. de

Market Cap: Mex$44.0b

Provides various banking products and services.

Qatar National Bank

Market Cap: ج.م128.9b

Engages in the provision of banking services in Egypt.

Dah Sing Banking Group

Market Cap: HK$20.0b

An investment holding company, provides banking, financial, and other related services in Hong Kong, Macau, and the People’s Republic of China.

Bank of N.T. Butterfield & Son

Market Cap: US$2.5b

Provides a range of community, commercial, and private banking services to individuals and small to medium-sized businesses.

Shawbrook Group

Market Cap: UK£1.7b

Through its subsidiary, Shawbrook Bank Limited, provides lending and savings products and services to private and business customers in the United Kingdom.

Inter & Co

Market Cap: US$2.3b

Through its subsidiaries, engages in the banking and spending, investments, insurance brokerage, and inter shop businesses in Brazil and the United States.

KCB Group

Market Cap: KSh288.4b

Provides corporate, investment, and retail banking services in Kenya, Tanzania, South Sudan, Rwanda, Uganda, Burundi, and the Democratic Republic of Congo.

Live Oak Bancshares

Market Cap: US$2.0b

Operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States.

iM Financial Group

Market Cap: ₩2.8t

Through its subsidiaries, engages in the provision of various banking products and services in South Korea.

OceanFirst Financial

Market Cap: US$1.9b

Operates as the bank holding company for OceanFirst Bank N.A.

National Bank Holdings

Market Cap: US$1.9b

Operates as the bank holding company for NBH Bank that provides various banking products and financial services to commercial, business, and consumer clients in the United States.

FirstSun Capital Bancorp

Market Cap: US$1.9b

Operates as the bank holding company for Sunflower Bank, National Association that provides commercial and consumer banking and financial services to small and medium-sized companies in the United States.

Dah Sing Financial Holdings

Market Cap: HK$14.7b

An investment holding company, provides banking, insurance, financial, and other related services in Hong Kong, Macau, Mainland China, and internationally.

Vietnam Maritime Commercial Bank

Market Cap: ₫49.1t

Provides commercial and retail banking products and services in Vietnam.

Vietnam International Commercial Bank

Market Cap: ₫49.0t

Provides various banking products and services to organizations and individuals primarily in Vietnam.

Permanent TSB Group Holdings

Market Cap: €1.6b

Operates in the retail, and small and medium sized enterprises (SME) banking sectors in the Republic of Ireland.

Hope Bancorp

Market Cap: US$1.8b

Operates as the bank holding company for Bank of Hope that provides retail and commercial banking services for businesses and individuals in the United States.

SpareBank 1 Nord-Norge

Market Cap: NOK 17.1b

Provides banking services in Northern Norway.

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.

Al Salam Bank B.S.C

Market Cap: ب.د671.3m

Provides banking products and services to retail, private, and corporate customers in Bahrain and Seychelles.

Bank First

Market Cap: US$1.8b

Operates as a holding company for Bank First, N.A.

Jammu and Kashmir Bank

Market Cap: ₹165.4b

Provides various banking products and services.

Abu Dhabi Islamic Bank - Egypt -E

Market Cap: ج.م83.1b

Provides various banking products and services to individuals and corporates in Egypt and internationally.

Metro Bank Holdings

Market Cap: UK£1.2b

Operates as the bank holding company for Metro Bank PLC that provides business, commercial, retail and private banking products and services in the United Kingdom.

K BankLtd

Market Cap: ₩2.3t

Provides various banking products and services in South Korea.

National Bank of Pakistan

Market Cap: PK₨437.1b

Provides various commercial banking products and financial services in Pakistan, Far East, the Middle East, South Asia, Central Asia, Europe, and North America.

Esquire Financial Holdings

Market Cap: US$1.5b

Operates as the bank holding company for Esquire Bank, National Association that provides commercial banking products and services to legal and small businesses, and commercial and retail customers in the United States.

Burke & Herbert Financial Services

Market Cap: US$1.5b

Operates as the bank holding company for Burke & Herbert Bank & Trust Company that provides various community banking products and services in the United States.

United Bank for Africa

Market Cap: ₦2.0t

Provides corporate, commercial, and retail banking services in Nigeria, Africa, and internationally.

Ujjivan Small Finance Bank

Market Cap: ₹140.6b

Provides various banking and financial services in India.

Peoples Bancorp

Market Cap: US$1.5b

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

First Mid Bancshares

Market Cap: US$1.4b

A financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States.

Jiangsu Suzhou Rural Commercial Bank

Market Cap: CN¥9.2b

Provides various banking products and services in China.

HBT Financial

Market Cap: US$1.4b

Operates as the bank holding company for Heartland Bank and Trust Company that provides financial products and services to consumers, businesses, and municipal entities in Illinois and Eastern Iowa.

Orient Commercial Bank

Market Cap: ₫33.5t

Provides banking products and services in Vietnam.