Global Diversified Financials Undervalued based on future growth

Dynex Capital

Market Cap: US$2.0b

A mortgage real estate investment trust, invests in mortgage-backed securities (MBS) in the United States.

Yixin Group

Market Cap: HK$15.0b

Operates as an online automobile finance transaction platform in China.

Burford Capital

Market Cap: US$1.9b

Provides legal finance products and services worldwide.

ARMOUR Residential REIT

Market Cap: US$1.9b

Invests in residential mortgage-backed securities (MBS) in the United States.

Sezzle

Market Cap: US$1.8b

Operates as a technology-enabled payments company primarily in the United States and Canada.

Yulon Finance

Market Cap: NT$54.9b

Provides various financial services in China, Taiwan, and internationally.

WisdomTree

Market Cap: US$1.6b

Through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager.

Bolsas y Mercados Argentinos

Market Cap: AR$2.2t

Operates as a stock exchange in Argentina.

FinVolution Group

Market Cap: US$1.5b

An investment holding company, operates in the online consumer finance industry in the People’s Republic of China, Indonesia, and internationally.

Ellington Financial

Market Cap: US$1.5b

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.

Merchants Bancorp

Market Cap: US$1.5b

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

goeasy

Market Cap: CA$2.0b

Provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada.

Financial Partners GroupLtd

Market Cap: JP¥194.1b

Provides various financial products and services in Japan.

Donnelley Financial Solutions

Market Cap: US$1.2b

Provides innovative software and technology-enabled financial regulatory and compliance solutions in the United States, Asia, Europe, Canada, and internationally.

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.

Stanbic IBTC Holdings

Market Cap: ₦1.7t

A financial holding company, provides banking and other financial services to individuals, businesses, institutions, and corporations in Nigeria and internationally.

Trinity Capital

Market Cap: US$1.1b

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

Orchid Island Capital

Market Cap: US$1.1b

A specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States.

PennyMac Mortgage Investment Trust

Market Cap: US$1.1b

Through its subsidiary, primarily invests in residential mortgage-related assets in the United States.

MFA Financial

Market Cap: US$946.3m

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

Hoist Finance

Market Cap: SEK 8.3b

A credit market company, engages in the loan acquisition and management operations in Europe.

Investcorp Capital

Market Cap: د.إ3.2b

Operates as an alternative investment company.

Japan Investment Adviser

Market Cap: JP¥134.3b

Provides various financial solutions in Japan.

EFG Holding CompanyE

Market Cap: ج.م40.2b

A financial services company, provides investment banking products and services in Egypt, rest of GCC countries, and internationally.

Franklin BSP Realty Trust

Market Cap: US$816.9m

A real estate finance company, originates, acquires, and manages a portfolio of commercial real estate debt investments secured by properties located in the United States and internationally.

Atlanticus Holdings

Market Cap: US$807.5m

A financial technology company, provides products and services to lenders in the United States.

Liberty Financial Group

Market Cap: AU$1.2b

Engages in providing loan finance services in Australia.

Türkiye Sinai Kalkinma Bankasi

Market Cap: ₺33.2b

Operates as a development and investment bank in Turkey.

Latitude Group Holdings

Market Cap: AU$1.2b

Engages in sales finance and consumer lending business in Australia, New Zealand, and internationally.

Grenke

Market Cap: €624.7m

Provides financial services to small and medium-sized (SME) enterprises in Germany, France, Italy, and internationally.

TPG RE Finance Trust

Market Cap: US$705.1m

A commercial real estate finance company, originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in the United States.

LexinFintech Holdings

Market Cap: US$696.6m

Offers online direct sales and online consumer finance services in the People’s Republic of China.

AEON Credit Service (M) Berhad

Market Cap: RM 2.8b

Provides consumer financial services in Malaysia.

Regal Partners

Market Cap: AU$1.0b

A privately owned hedge fund sponsor.

MCAN Mortgage

Market Cap: CA$872.7m

Operates as a loan and mortgage investment corporation in Canada.

Fedbank Financial Services

Market Cap: ₹54.4b

A non-banking finance company (NBFC), provides financing services to individuals and businesses in India.