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)
INDBthis companyIndependent Bank Corp.	$85.32	16.42×	1.01×	3.1×	13.87×	-17.6%	67.9%	22.9%	17.6%	5.8%	0.8%	6.6%	0.25×	2.17×	0.85×	0.55×	2.9%	7	-0.5	4	A-
BHBBar Harbor Bankshares	$41.52	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+
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-
CFFIC&F Financial Corporation	$107.13	8.76×	0.9×	1.26×	7.35×	4.6%	69.5%	17.8%	14.4%	10.3%	6.4%	9.4%	0.43×	0.93×	0.73×	0.18×	2.5%	6	-0.43	4	A-
CZFSCitizens Financial Services, Inc.	$86.76	7.48×	0.81×	1.58×	11.55×	61.4%	63.3%	26.0%	21.1%	10.8%	5.3%	12.9%	0.92×	5.75×	0.74×	0.04×	3.5%	4	0.47	3	B+
JMSBJohn Marshall Bancorp, Inc.	$23.28	13.33×	1.07×	2.46×	8.28×	3.8%	52.8%	23.7%	18.4%	8.0%	5.9%	7.8%	0.32×	-1.53×	0.52×	0.08×	1.5%	6	0.3	3	B+
Peer median	—	10.2×	0.97×	1.71×	8.28×	4.6%	63.3%	23.3%	16.9%	10.3%	5.3%	8.4%	0.51×	0.93×	0.62×	0.17×	2.5%	6	0.3	3	—