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)
CBKthis companyCommercial Bancgroup, Inc. Common Stock	$33.15	8.38×	1.19×	2.58×	9.91×	-39.8%	68.6%	36.0%	28.3%	13.0%	-4.8%	10.4%	0.59×	3.26×	1.15×	0.14×	0.6%	6	0.49	3	B+
BWFGBankwell Financial Group, Inc.	$70.35	10.2×	1.18×	1.71×	5.89×	432.8%	51.6%	23.3%	16.9%	11.7%	1.9%	7.6%	0.6×	-0.86×	0.49×	1.89×	1.8%	7	1.5	4	A-
EQBKEquity Bancshares, Inc.	$49.44	36.01×	1.16×	2.7×	7.81×	32.6%	50.4%	10.4%	7.2%	3.1%	3.7%	4.5%	0.61×	-1.8×	0.31×	1.41×	1.3%	5	-0.66	3	B+
FUNCFirst United Corporation	$46.88	9.9×	1.19×	2.04×	6.35×	56.1%	70.2%	27.3%	20.6%	12.0%	7.0%	6.3%	0.56×	-0.47×	0.99×	0.09×	2.5%	8	-0.48	3	B+
FUSBFirst US Bancshares, Inc.	$16.72	13.56×	0.77×	1.29×	1.93×	10.2%	58.7%	12.6%	9.5%	5.7%	4.8%	11.2%	0.1×	-6.47×	0.36×	0.09×	2.0%	8	0.47	3	B+
FVCBFVCBankcorp, Inc.	$16.19	11.4×	0.99×	2.07×	5.24×	-9.8%	53.9%	23.1%	18.1%	8.7%	7.5%	9.4%	0.1×	-3.58×	0.52×	0.07×	0.9%	8	-0.64	3	B+
Peer median	—	11.4×	1.16×	2.04×	5.89×	32.6%	53.9%	23.1%	16.9%	8.7%	4.8%	7.6%	0.56×	-1.8×	0.49×	0.09×	1.8%	8	-0.48	3	—