Savings Institutions, Not Federally Chartered stocks: intrinsic value, ROIC & growth
6 U.S. savings institutions, not federally chartered companies with at least three years of SEC filings, ranked by size. 3 of the 5 with a current price trade below their Graham intrinsic value. The median company earned a 5.6% average return on invested capital and grew revenue 2.7% a year.
Updated October 18, 2026
6companies
3below Graham value
5.6%median 10-yr ROIC
2.7%median revenue CAGR
Most undervalued savings institutions, not federally chartered stocks
| Ticker | Company | Upside | Price | Graham value | Price vs value | Market cap | ROIC (10y) | Revenue CAGR |
|---|---|---|---|---|---|---|---|---|
| PBFS | Pioneer Bancorp, Inc./MD | +57% | $17.58 | $27.57 | 36% below | $431.9M | 5.9% | 17.4% |
Highest-ROIC savings institutions, not federally chartered stocks
| Ticker | Company | 10-yr ROIC | Price | Graham value | Price vs value | Market cap | ROIC (10y) | Revenue CAGR |
|---|---|---|---|---|---|---|---|---|
| BBT | Beacon Financial Corp | 40.6% | $27.50 | $9.37 | 193% above | $2.4B | 40.6% | -4.1% |
| PBFS | Pioneer Bancorp, Inc./MD | 5.9% | $17.58 | $27.57 | 36% below | $431.9M | 5.9% | 17.4% |
| FLG | FLAGSTAR BANK, NATIONAL ASSOCIATION | 1.5% | $11.08 | $2.46 | 350% above | $4.6B | 1.5% | -3.1% |
All savings institutions, not federally chartered stocks
| Ticker | Company | Price | Graham value | Price vs value | Market cap | ROIC (10y) | Revenue CAGR |
|---|---|---|---|---|---|---|---|
| FLG | FLAGSTAR BANK, NATIONAL ASSOCIATION | $11.08 | $2.46 | 350% above | $4.6B | 1.5% | -3.1% |
| BBT | Beacon Financial Corp | $27.50 | $9.37 | 193% above | $2.4B | 40.6% | -4.1% |
| NBBK | NB Bancorp, Inc. | $21.86 | $44.51 | 51% below | $822.5M | 5.6% | 26.9% |
| PBFS | Pioneer Bancorp, Inc./MD | $17.58 | $27.57 | 36% below | $431.9M | 5.9% | 17.4% |
| RBKB | Rhinebeck Bancorp, Inc. | $12.85 | $20.45 | 37% below | $140.8M | 4.8% | 2.7% |
| EWSB | EWSB Bancorp, Inc. /MD/ | $10.16 | — | — | $7.2M | -5.9% | — |
Stock lists
Undervalued Stocks Below Graham Intrinsic Value
Highest ROIC Stocks (10-Year Average)
Highest Free Cash Flow Yield Stocks
Fastest-Growing Stocks by 10-Year Revenue