Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
ALRSthis companyAlerus Financial Corporation	$34.39	32.64×	1.01×	1.74×	23.69×	-80.4%	67.2%	6.9%	5.3%	3.1%	5.1%	10.3%	0.78×	9.36×	0.21×	0.29×	3.6%	7	0.22	2	C+
ACNBACNB Corporation	$66.43	13.39×	1.18×	2.91×	15.12×	26.4%	73.7%	27.3%	21.7%	8.8%	1.1%	10.6%	0.78×	5.8×	1.16×	0.32×	2.9%	7	0.36	4	A-
AROWArrow Financial Corporation	$39.18	11.8×	1.2×	2.14×	8.52×	-28.6%	65.3%	22.8%	18.1%	10.2%	-7.2%	7.0%	0.07×	0×	0.72×	0.04×	3.6%	5	0.2	3	B-
BFSTBusiness First Bancshares, Inc.	$32.78	9.37×	0.86×	1.51×	7.66×	-29.7%	60.9%	22.2%	17.2%	9.8%	6.0%	11.9%	0.61×	1.18×	0.59×	0.15×	2.9%	6	-0.58	3	B+
BHBBar Harbor Bankshares	$41.82	13.38×	0.97×	2.13×	13.47×	-23.1%	67.4%	19.0%	15.2%	6.9%	4.3%	8.4%	0.51×	3.6×	0.62×	0.17×	3.9%	6	-0.66	3	B+
FISIFinancial Institutions, Inc.	$40.62	8.54×	1×	1.66×	8.59×	-32.4%	61.7%	24.2%	19.8%	11.9%	7.2%	2.1%	0.53×	2.27×	0.69×	0.03×	4.2%	8	0.4	2	C+
Peer median	—	11.8×	1×	2.13×	8.59×	-28.6%	65.3%	22.8%	18.1%	9.8%	4.3%	8.4%	0.53×	2.27×	0.69×	0.15×	3.6%	6	0.2	3	—