Global Banks Undervalued over 20% based on DCF

Webster Financial

Market Cap: US$12.2b

Operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States.

First Horizon

Market Cap: US$12.0b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

Canara Bank

Market Cap: ₹1.1t

Provides various banking products and services in India and internationally.

Chiba Bank

Market Cap: JP¥1.9t

Provides banking products and services in Japan and internationally.

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫300.3t

Provides various banking products and services in Vietnam and internationally.

Bangkok Bank

Market Cap: ฿375.1b

Provides various commercial banking products and services in Thailand and internationally.

Hong Leong Bank Berhad

Market Cap: RM 44.5b

Operates as a financial services company in Malaysia and internationally.

Shizuoka Financial GroupInc

Market Cap: JP¥1.8t

Provides various banking products and services.

UMB Financial

Market Cap: US$10.8b

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

Wintrust Financial

Market Cap: US$10.7b

A financial holding company, provides community-oriented, personal, and commercial banking services in the United States.

BDO Unibank

Market Cap: ₱656.2b

Provides various banking products and services to individuals and corporations in the Philippines and internationally.

Alpha Bank

Market Cap: €9.1b

Provides various banking and financial products and services in Greece and internationally.

Bank of Ayudhya

Market Cap: ฿336.5b

Provides commercial banking products and services to individuals, corporates, small and medium-sized businesses, and financial institutions.

Old National Bancorp

Market Cap: US$9.9b

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

Cullen/Frost Bankers

Market Cap: US$9.7b

Operates as the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas.

SouthState Bank

Market Cap: US$9.6b

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.

Mebuki Financial GroupInc

Market Cap: JP¥1.5t

Provides banking products and financial services in Japan and internationally.

Vietnam Technological and Commercial Bank

Market Cap: ₫234.9t

Provides personal and corporate banking products and services in Vietnam and internationally.

Komercní banka

Market Cap: Kč185.4b

Provides various retail, corporate, and investment banking services primarily in the Czech Republic, and Central and Eastern Europe.

Fukuoka Financial Group

Market Cap: JP¥1.4t

Provides various financial and banking services to individual and corporate customers.

Jyske Bank

Market Cap: DKK 55.7b

Provides financial solutions in Denmark and Germany.

Commerce Bancshares

Market Cap: US$8.4b

Operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States.

Vietnam Prosperity Commercial Bank

Market Cap: ₫216.2t

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

Valley National Bancorp

Market Cap: US$8.0b

Operates as the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products.

SpareBank 1 Sør-Norge

Market Cap: NOK 76.4b

Provides various financial products and services for personal and corporate customers in Norway.

First International Bank of Israel

Market Cap: ₪22.4b

Provides financial and banking services to individuals, households, and businesses in Israel.

Central Bancompany

Market Cap: US$7.3b

Operates as the bank holding company for The Central Trust Bank that provides consumer, commercial, and wealth management products and services.

Prosperity Bancshares

Market Cap: US$7.1b

Operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers.

Bank Negara Indonesia (Persero)

Market Cap: Rp127.4t

Provides various banking products and services in Indonesia, rest of Asia, New York, and Europe.

Luzerner Kantonalbank

Market Cap: CHF 5.4b

Provides various banking products and services in Switzerland.

Bank of Maharashtra

Market Cap: ₹630.8b

Provides various banking products and services in India.

F.N.B

Market Cap: US$6.6b

A bank and financial holding company, provides a range of financial products and services primarily to consumers, corporations, governments, and small- to medium-sized businesses in the United States.

United Bankshares

Market Cap: US$6.2b

Through its subsidiaries, provides commercial and retail banking products and services in the United States.

Ringkjøbing Landbobank

Market Cap: DKK 40.4b

Provides various financial products and services in Denmark.

Hancock Whitney

Market Cap: US$6.0b

Operates as the financial holding company for Hancock Whitney Bank that provides traditional and online banking services to commercial, small business, and retail customers in the United States.

Ameris Bancorp

Market Cap: US$5.9b

Operates as the bank holding company for Ameris Bank that provides various banking services to retail and commercial customers.