U.S. Banks Undervalued based on future growth

HBT Financial

Market Cap: US$1.2b

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.

Northeast Bank

Market Cap: US$1.1b

Provides various banking services to individual and corporate customers in Maine.

AGI

Market Cap: US$1.1b

Provides technology-powered specialized financial services in Brazil.

Southside Bancshares

Market Cap: US$1.0b

Operates as the bank holding company for Southside Bank that provides various financial services to individuals, businesses, municipal entities, and nonprofit organizations.

Equity Bancshares

Market Cap: US$993.2m

Operates as the bank holding company for Equity Bank that provides a range of banking, mortgage banking, and financial services to individual and corporate customers.

CNB Financial

Market Cap: US$983.6m

Operates as the bank holding company for CNB Bank that provides various banking products and services for individual, business, governmental, and institutional customers.

Esquire Financial Holdings

Market Cap: US$951.6m

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.

NB Bancorp

Market Cap: US$877.0m

Focuses on operating as a bank holding company for Needham Bank that provides various banking products and services in the Greater Boston metropolitan area and surrounding communities in the United States.

Mid Penn Bancorp

Market Cap: US$865.8m

Operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, institutional clients, partnerships, non-profit organizations, businesses, and corporations in Pennsylvania and New Jersey, the United States.

Farmers National Banc

Market Cap: US$858.6m

Operates as a bank holding company for The Farmers National Bank of Canfield that engages in the banking, trust, retirement consulting, insurance, and financial management businesses.

South Plains Financial

Market Cap: US$820.4m

Operates as a bank holding company for City Bank that provides commercial and consumer financial services to small and medium-sized businesses and individuals.

Peapack-Gladstone Financial

Market Cap: US$812.2m

Operates as the bank holding company for Peapack Private Bank & Trust that provides private banking and wealth management services in the United States.

Community West Bancshares

Market Cap: US$719.9m

Operates as the bank holding company for the Central Valley Community Bank that provides various commercial banking services to small and middle-market businesses and individuals in California.

Third Coast Bancshares

Market Cap: US$669.5m

Operates as the bank holding company for Third Coast Bank that provides various commercial banking solutions to small and medium-sized businesses and professionals in Texas, the United States.

Arrow Financial

Market Cap: US$663.5m

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

Northpointe Bancshares

Market Cap: US$643.6m

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

Midland States Bancorp

Market Cap: US$632.5m

Operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities.

Bar Harbor Bankshares

Market Cap: US$628.7m

Operates as the holding company for Bar Harbor Bank & Trust that provides banking and nonbanking products and services primarily to consumers and businesses.

Kearny Financial

Market Cap: US$573.9m

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

Southern First Bancshares

Market Cap: US$561.2m

Operates as the bank holding company for Southern First Bank that provides commercial, consumer, and mortgage loans to the general public in South Carolina, North Carolina, and Georgia.

GBank Financial Holdings

Market Cap: US$444.2m

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

West Bancorporation

Market Cap: US$440.9m

Operates as the bank holding company for West Bank that provides community banking and trust services to individuals and small- to medium-sized businesses in the United States.

Colony Bankcorp

Market Cap: US$422.8m

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$420.9m

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

Investar Holding

Market Cap: US$406.4m

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.

Chemung Financial

Market Cap: US$364.3m

Operates as a bank holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services.

USCB Financial Holdings

Market Cap: US$363.3m

Operates as the bank holding company for U.S.

Norwood Financial

Market Cap: US$337.8m

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

First Western Financial

Market Cap: US$305.4m

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.

First Community

Market Cap: US$303.0m

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.

Isabella Bank

Market Cap: US$294.4m

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.

Meridian

Market Cap: US$238.4m

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

Citizens Community Bancorp

Market Cap: US$227.0m

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

FS Bancorp

Market Cap: US$226.8m

Operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches in Washington.

CF Bankshares

Market Cap: US$204.8m

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

FinWise Bancorp

Market Cap: US$199.4m

Operates as the bank holding company for FinWise Bank that provides various banking products and services to individual and corporate customers in Utah.