Global Banks Undervalued based on future growth

CSB Bank

Market Cap: ₹55.1b

Provides banking and financial services for small and mid-sized enterprises, large corporates and conglomerates, and domestic and non-resident individuals in India.

ProCredit Holding

Market Cap: €483.0m

Provides commercial banking products and services for small and medium enterprises and private clients in Europe, South America, and Germany.

Faysal Bank

Market Cap: PK₨149.4b

Engages in corporate, commercial, and consumer banking activities in Pakistan.

Pareto Bank

Market Cap: NOK 4.6b

Provides various banking products and services in Norway.

Colony Bankcorp

Market Cap: US$468.8m

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.

Citizens & Northern

Market Cap: US$466.1m

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

Bank Pembangunan Daerah Jawa Barat dan Banten

Market Cap: Rp8.3t

Provides banking products and services to individuals and businesses in Indonesia.

Morrow Bank

Market Cap: SEK 4.3b

Provides unsecured financing to consumers in Norway, Sweden, and Finland.

Investar Holding

Market Cap: US$425.2m

Operates as the bank holding company for Investar Bank that provides a range of commercial banking products to individuals, professionals, and small to medium-sized businesses in south Louisiana, southeast Texas, and Alabama in the United States.

Bank BTPN Syariah

Market Cap: Rp7.6t

Operates as a sharia commercial bank providing a comprehensive range of banking products and services in Indonesia.

USCB Financial Holdings

Market Cap: US$415.7m

Operates as the bank holding company for U.S.

East West Banking

Market Cap: ₱24.9b

Operates as a commercial bank that provides a range of financial products and services to consumer and corporate clients in the Philippines and internationally.

Secure Trust Bank

Market Cap: UK£293.2m

Provides banking and financial products and services in the United Kingdom.

First Carolina Financial Services

Market Cap: US$394.6m

Operates as a bank holding company for First Carolina Bank that provides commercial banking services in the United States.

Sterling Financial Holdings

Market Cap: ₦530.9b

Provides various commercial banking products and services primarily to multinational companies, financial institutions, individuals, small businesses, partnerships, and commercial entities in Nigeria.

Norwood Financial

Market Cap: US$369.7m

Operates as the bank holding company for Wayne Bank that provides various banking products and services in the United States.

BayCom

Market Cap: US$331.9m

Operates as the bank holding company for United Business Bank that provides various financial services to small and mid-sized businesses, service professionals, and individuals.

First Community

Market Cap: US$326.2m

Operates as the bank holding company for First Community Bank that provides various commercial and retail banking products and services to small-to-medium sized businesses, professionals, and individuals.

United Bank

Market Cap: ج.م16.3b

Provides commercial and Islamic banking services in Egypt.

Isabella Bank

Market Cap: US$312.8m

Operates as the bank holding company for Isabella Bank that provides banking and wealth management services to businesses, institutions, and individuals and their families in Michigan, the United States.

First Western Financial

Market Cap: US$308.8m

A financial holding company, provides wealth advisory, private banking, personal trust, investment management, mortgage lending, and institutional asset management services to individual and corporate clients.

GBank Financial Holdings

Market Cap: US$307.9m

Operates as a bank holding company for GBank that provides banking services to commercial and consumer customers in Nevada.

Instabank

Market Cap: NOK 2.4b

Provides various banking products and services in Norway.

OptimumBank Holdings

Market Cap: US$243.0m

Operates as the bank holding company for OptimumBank, which provides various consumer and commercial banking services to individuals and businesses.

Meridian

Market Cap: US$238.9m

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

CF Bankshares

Market Cap: US$231.6m

Operates as the bank holding company for CFBank, National Association that provides various banking products and services.

Skue Sparebank

Market Cap: NOK 1.9b

Provides various banking products and services for individuals and business in Norway.

Citizens Community Bancorp

Market Cap: US$201.9m

Operates as a bank holding company for Citizens Community Federal N.A.

Hanover Bancorp

Market Cap: US$193.3m

Operates as the bank holding company for Hanover Community Bank that provides banking products and services for small and medium-sized businesses, municipalities, and individuals.

CB Financial Services

Market Cap: US$189.6m

Operates as the bank holding company for Community Bank that provides banking products and services for individuals and businesses.

Bank Neo Commerce

Market Cap: Rp3.4t

Provides digital banking products and services in Indonesia.

Arbuthnot Banking Group

Market Cap: UK£133.0m

Engages in the provision of private and commercial banking products and services in the United Kingdom.

SpareBank 1 Nordmøre

Market Cap: NOK 1.7b

Provides various banking products and services for businesses and individuals in Norway.

Jæren Sparebank

Market Cap: NOK 1.6b

Engages in providing banking and financial services to personal and agricultural customers as well as small/medium-sized businesses in Norway.

Suryoday Small Finance Bank

Market Cap: ₹16.1b

Provides financial products to micro-entrepreneurs and underserved communities and individuals in India.

Sparebanken Øst

Market Cap: NOK 1.5b

Operates as a savings bank in eastern Norway.