U.S. Banks Undervalued based on future growth

Fifth Third Bancorp

Market Cap: US$28.3b

Operates as the bank holding company for Fifth Third Bank, National Association that engages in the provision of a range of financial products and services in the United States.

Huntington Bancshares

Market Cap: US$24.2b

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

Citizens Financial Group

Market Cap: US$21.9b

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.

KeyCorp

Market Cap: US$19.2b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

SouthState Bank

Market Cap: US$8.8b

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.

Western Alliance Bancorporation

Market Cap: US$8.7b

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

Old National Bancorp

Market Cap: US$8.2b

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

UMB Financial

Market Cap: US$8.1b

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

Columbia Banking System

Market Cap: US$7.9b

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$6.6b

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.

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.

Glacier Bancorp

Market Cap: US$5.4b

Operates as the bank holding company for Glacier Bank that provides commercial banking services to individuals, small to medium-sized businesses, community organizations, and public entities in the United States.

Atlantic Union Bankshares

Market Cap: US$4.6b

Operates as the bank holding company for Atlantic Union Bank that provides banking and related financial products and services to consumers and businesses in the United States.

Inter & Co

Market Cap: US$4.2b

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

Independent Bank

Market Cap: US$3.5b

Operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses in the United States.

First Interstate BancSystem

Market Cap: US$3.3b

Operates as the bank holding company for First Interstate Bank that provides a range of banking products and services in the United States.

Renasant

Market Cap: US$3.3b

Operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, fiduciary, and insurance services to retail and commercial customers.

WesBanco

Market Cap: US$3.0b

Operates as the bank holding company for WesBanco Bank, Inc.

Seacoast Banking Corporation of Florida

Market Cap: US$3.0b

Operates as the bank holding company for Seacoast National Bank that provides integrated financial services to retail and commercial customers in Florida.

Mechanics Bancorp

Market Cap: US$2.9b

Operates as the holding company for Mechanics Bank that provides banking services in California, Oregon, Washington, and Hawaii.

FB Financial

Market Cap: US$2.9b

Operates as a bank holding company for FirstBank that provides a suite of commercial and consumer banking services.

Bancorp

Market Cap: US$2.8b

Operates as the financial holding company for The Bancorp Bank, National Association that provides banking products and services in the United States.

Banc of California

Market Cap: US$2.7b

Operates as the bank holding company for Banc of California that provides various banking products and services.

TowneBank

Market Cap: US$2.6b

Provides retail and commercial banking services for individuals, commercial enterprises, and professionals in Virginia and North Carolina.

First Financial Bancorp

Market Cap: US$2.4b

Operates as the bank holding company for First Financial Bank that provides commercial banking and related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois.

Customers Bancorp

Market Cap: US$2.3b

Operates as the bank holding company for Customers Bank that provides banking products and services.

NBT Bancorp

Market Cap: US$2.2b

A financial holding company, provides commercial banking, retail banking, and wealth management services.

First Bancorp

Market Cap: US$2.1b

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

First Busey

Market Cap: US$2.0b

Operates as the bank holding company for Busey Bank that engages in the provision of retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States.

Nicolet Bankshares

Market Cap: US$1.8b

Operates as the bank holding company for Nicolet National Bank that provides banking products and services for businesses and individuals in Wisconsin, Michigan, and Minnesota.

Northwest Bancshares

Market Cap: US$1.7b

Operates as the bank holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions in the United States.

First Commonwealth Financial

Market Cap: US$1.6b

A financial holding company, provides various consumer and commercial banking products and services in the United States.

Coastal Financial

Market Cap: US$1.6b

Operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small and medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington.

Live Oak Bancshares

Market Cap: US$1.5b

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

National Bank Holdings

Market Cap: US$1.4b

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.

Hope Bancorp

Market Cap: US$1.3b

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.