The table below compares all 271 Mortgage REITs companies on 8 financial metrics.
| # | Ticker | Company | match | industry_code | industry_group | industry_group_code | Market Capitalization | P/E | P/S | Enterprise Value |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | NLY | Annaly Capital Management Inc | primary | F-08 | Lending and Credit | FG-02 | 16.43 Bn | 5.33 | — | 13.57 Bn |
| 2 | AGNC | AGNC Investment Corp. | primary | F-08 | Lending and Credit | FG-02 | 11.82 Bn | 5.62 | — | 10.49 Bn |
| 3 | STWD | Starwood Property Trust, Inc. | primary | F-08 | Lending and Credit | FG-02 | 5.79 Bn | 21.62 | 2.88 | 3.98 Bn |
| 4 | RITM | Rithm Capital Corp. | primary | F-08 | Lending and Credit | FG-02 | 5.45 Bn | 16.28 | 1.08 | 5.45 Bn |
| 5 | DX | Dynex Capital Inc | primary | F-08 | Lending and Credit | FG-02 | 2.97 Bn | 6.54 | — | 2.36 Bn |
| 6 | TWO-PA | Two Harbors Investment Corp. | primary | F-08 | Lending and Credit | FG-02 | 2.66 Bn | -22.50 | — | 2.02 Bn |
| 7 | BXMT | Blackstone Mortgage Trust, Inc. | primary | F-08 | Lending and Credit | FG-02 | 2.25 Bn | 147.01 | -4.27 | 1.82 Bn |
| 8 | ARR | Armour Residential REIT, Inc. | primary | F-08 | Lending and Credit | FG-02 | 2.15 Bn | 4.88 | — | 2.07 Bn |
| 9 | EFC | Ellington Financial Inc. | primary | F-08 | Lending and Credit | FG-02 | 1.65 Bn | 11.58 | 3.61 | 1.43 Bn |
| 10 | ORC | Orchid Island Capital, Inc. | primary | F-08 | Lending and Credit | FG-02 | 1.27 Bn | 5.21 | 12.23 | 0.58 Bn |
| 11 | LADR | Ladder Capital Corp | primary | F-08 | Lending and Credit | FG-02 | 1.22 Bn | 22.91 | — | 1.18 Bn |
| 12 | CMRF | Cim Group, Inc. | primary | F-08 | Lending and Credit | FG-02 | 1.08 Bn | 19.99 | 2.62 | 2.43 Bn |
| 13 | CIM | Chimera Investment Corp | primary | F-08 | Lending and Credit | FG-02 | 0.93 Bn | -11.04 | — | 0.49 Bn |
| 14 | ABR | Arbor Realty Trust Inc | primary | F-08 | Lending and Credit | FG-02 | 0.89 Bn | 55.17 | 1.86 | 0.71 Bn |
| 15 | MFA | Mfa Financial, Inc. | primary | F-08 | Lending and Credit | FG-02 | 0.86 Bn | 8.41 | — | 0.70 Bn |
| 16 | ARI | Apollo Commercial Real Estate Finance, Inc. | primary | F-08 | Lending and Credit | FG-02 | 0.85 Bn | 7.27 | 3.58 | -0.39 Bn |
| 17 | ADAM | Adamas Trust, Inc. | primary | F-08 | Lending and Credit | FG-02 | 0.82 Bn | 5.29 | — | 0.60 Bn |
| 18 | MITN | TPG Mortgage Investment Trust, Inc. | primary | F-08 | Lending and Credit | FG-02 | 0.81 Bn | 35.18 | — | 0.75 Bn |
| 19 | PMT | PennyMac Mortgage Investment Trust | primary | F-08 | Lending and Credit | FG-02 | 0.80 Bn | 6.44 | 2.30 | 0.38 Bn |
| 20 | IVR | Invesco Mortgage Capital Inc. | primary | F-08 | Lending and Credit | FG-02 | 0.70 Bn | 6.02 | — | 0.62 Bn |
| 21 | FBRT | Franklin BSP Realty Trust, Inc. | primary | F-08 | Lending and Credit | FG-02 | 0.59 Bn | 15.96 | 1.92 | 0.54 Bn |
| 22 | AOMD | Angel Oak Mortgage REIT, Inc. | primary | F-08 | Lending and Credit | FG-02 | 0.58 Bn | 32.09 | — | 0.53 Bn |
| 23 | TRTX | TPG RE Finance Trust, Inc. | primary | F-08 | Lending and Credit | FG-02 | 0.57 Bn | 13.26 | 80.89 | 0.50 Bn |
| 24 | BRSP | BrightSpire Capital, Inc. | primary | F-08 | Lending and Credit | FG-02 | 0.56 Bn | -16.66 | — | 0.46 Bn |
| 25 | RWT | Redwood Trust Inc | primary | F-08 | Lending and Credit | FG-02 | 0.44 Bn | -160.70 | — | 0.25 Bn |
| 26 | KREF | KKR Real Estate Finance Trust Inc. | primary | F-08 | Lending and Credit | FG-02 | 0.42 Bn | -2.15 | — | 0.39 Bn |
| 27 | TPTS | Terra Property Trust, Inc. | primary | F-08 | Lending and Credit | FG-02 | 0.39 Bn | -17.93 | 14.04 | 0.38 Bn |
| 28 | LFT | Lument Finance Trust, Inc. | primary | F-08 | Lending and Credit | FG-02 | 0.35 Bn | -50.13 | — | 0.32 Bn |
| 29 | NREF | NexPoint Real Estate Finance, Inc. | primary | F-08 | Lending and Credit | FG-02 | 0.33 Bn | 5.23 | — | 0.21 Bn |
| 30 | RC | Ready Capital Corp | primary | F-08 | Lending and Credit | FG-02 | 0.27 Bn | -0.48 | -47.76 | 0.27 Bn |
| 31 | ACRE | Ares Commercial Real Estate Corp | primary | F-08 | Lending and Credit | FG-02 | 0.24 Bn | -53.94 | 4.35 | 0.20 Bn |
| 32 | REFI | Chicago Atlantic Real Estate Finance, Inc. | primary | F-08 | Lending and Credit | FG-02 | 0.23 Bn | 3.99 | — | 0.21 Bn |
| 33 | CMTG | Claros Mortgage Trust, Inc. | primary | F-08 | Lending and Credit | FG-02 | 0.21 Bn | — | 1.40 | 0.21 Bn |
| 34 | SEVN | Seven Hills Realty Trust | primary | F-08 | Lending and Credit | FG-02 | 0.17 Bn | 14.15 | 5.44 | 0.10 Bn |
| 35 | GHI | Greystone Housing Impact Investors LP | primary | F-08 | Lending and Credit | FG-02 | 0.15 Bn | -17.35 | 1.85 | 0.15 Bn |
| 36 | CHMI | Cherry Hill Mortgage Investment Corp | primary | F-08 | Lending and Credit | FG-02 | 0.11 Bn | 15.94 | 3.24 | 0.06 Bn |
| 37 | ACR | ACRES Commercial Realty Corp. | primary | F-08 | Lending and Credit | FG-02 | 0.10 Bn | — | — | 0.15 Bn |
| 38 | IOR | Income Opportunity Realty Investors Inc /Tx/ | primary | F-08 | Lending and Credit | FG-02 | 0.08 Bn | 20.21 | — | 0.08 Bn |
| 39 | LOAN | Manhattan Bridge Capital, Inc | primary | F-08 | Lending and Credit | FG-02 | 0.05 Bn | 10.51 | 5.68 | 0.05 Bn |
| 40 | GPMT | Granite Point Mortgage Trust Inc. | primary | F-08 | Lending and Credit | FG-02 | 0.05 Bn | -0.47 | — | 0.51 Bn |
| 41 | SACH | Sachem Capital Corp. | primary | F-08 | Lending and Credit | FG-02 | 0.04 Bn | -3.50 | 2.51 | 0.01 Bn |
| 42 | WFC | Wells Fargo & Company/Mn | secondary | F-02 | Banking | FG-01 | 273.32 Bn | 12.71 | 3.15 | 71.49 Bn |
| 43 | ING | Ing Groep Nv | secondary | F-02 | Banking | FG-01 | 108.14 Bn | 9.62 | 3.03 | 33.97 Bn |
| 44 | BX | Blackstone Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 96.72 Bn | 15.06 | 6.00 | 99.15 Bn |
| 45 | FITB | Fifth Third Bancorp | secondary | F-01 | Banking | FG-01 | 49.61 Bn | 18.75 | 4.88 | 25.88 Bn |
| 46 | RKT | Rocket Companies, Inc. | secondary | F-05 | Lending and Credit | FG-02 | 49.46 Bn | 79.42 | 4.93 | 46.36 Bn |
| 47 | BSBR | Banco Santander (Brasil) S.A. | secondary | F-02 | Banking | FG-01 | 44.90 Bn | — | — | 45.26 Bn |
| 48 | DHI | Horton D R Inc /De/ | secondary | D-08 | Homebuilding | DG-03 | 38.72 Bn | 12.58 | 1.16 | 37.17 Bn |
| 49 | MTB | M&T Bank Corp | secondary | F-01 | Banking | FG-01 | 34.64 Bn | 12.18 | 3.48 | 34.64 Bn |
| 50 | FNMA | Federal National Mortgage Association Fannie Mae | secondary | F-05 | Lending and Credit | FG-02 | 34.09 Bn | 150.16 | 1.17 | 34.09 Bn |
| 51 | CFG | Citizens Financial Group Inc/Ri | secondary | F-01 | Banking | FG-01 | 29.79 Bn | 15.02 | 3.41 | 29.79 Bn |
| 52 | EXR | Extra Space Storage Inc. | secondary | R-08 | Property REITs | RG-01 | 29.10 Bn | 32.88 | 8.44 | 29.97 Bn |
| 53 | RF | Regions Financial Corp | secondary | F-01 | Banking | FG-01 | 25.66 Bn | 11.96 | 3.37 | 25.73 Bn |
| 54 | KEY | Keycorp /New/ | secondary | F-01 | Banking | FG-01 | 23.28 Bn | 12.39 | 2.99 | -24.41 Bn |
| 55 | PHM | Pultegroup Inc/Mi/ | secondary | D-08 | Homebuilding | DG-03 | 22.17 Bn | 11.75 | 1.35 | 20.79 Bn |
| 56 | TPG | TPG Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 18.64 Bn | 11.58 | 3.60 | 20.20 Bn |
| 57 | CBSH | Commerce Bancshares Inc /Mo/ | secondary | F-01 | Banking | FG-01 | 16.80 Bn | 28.44 | 9.01 | 16.62 Bn |
| 58 | LEN | Lennar Corp /New/ | secondary | D-08 | Homebuilding | DG-03 | 16.76 Bn | 9.59 | 0.51 | 14.58 Bn |
| 59 | NVR | Nvr Inc | secondary | D-08 | Homebuilding | DG-03 | 16.45 Bn | 14.59 | 1.73 | 15.35 Bn |
| 60 | OHI | Omega Healthcare Investors Inc | secondary | R-07 | Property REITs | RG-01 | 14.06 Bn | 15.88 | 10.96 | 14.31 Bn |
| 61 | WBS | WEBSTER FINANCIAL CORP | secondary | F-01 | Banking | FG-01 | 12.57 Bn | 12.52 | 6.92 | 12.57 Bn |
| 62 | TOL | Toll Brothers, Inc. | secondary | D-08 | Homebuilding | DG-03 | 12.43 Bn | 10.57 | 1.16 | 11.39 Bn |
| 63 | GLPI | Gaming & Leisure Properties, Inc. | secondary | R-09 | Property REITs | RG-01 | 11.71 Bn | 11.52 | 7.07 | 12.10 Bn |
| 64 | FHN | First Horizon Corp | secondary | F-01 | Banking | FG-01 | 11.60 Bn | 11.31 | 7.46 | 4.69 Bn |
| 65 | BPOP | Popular, Inc. | secondary | F-01 | Banking | FG-01 | 10.46 Bn | 10.81 | 25.84 | 10.40 Bn |
| 66 | SSB | SouthState Bank Corp | secondary | F-01 | Banking | FG-01 | 10.28 Bn | 10.86 | 35.89 | 7.91 Bn |
| 67 | BBAR | Banco BBVA Argentina S.A. | secondary | F-01 | Banking | FG-01 | 9.12 Bn | 0.01 | — | -5,470.45 Bn |
| 68 | CTRE | CareTrust REIT, Inc. | secondary | R-07 | Property REITs | RG-01 | 9.12 Bn | 25.43 | 15.95 | 9.13 Bn |
| 69 | WAL | Western Alliance Bancorporation | secondary | F-01 | Banking | FG-01 | 8.65 Bn | 8.74 | 2.20 | 2.93 Bn |
| 70 | COLB | Columbia Banking System, Inc. | secondary | F-01 | Banking | FG-01 | 8.52 Bn | 12.09 | 47.05 | 19.04 Bn |
| 71 | REXR | Rexford Industrial Realty, Inc. | secondary | R-04 | Property REITs | RG-01 | 8.48 Bn | -21.25 | 8.55 | 8.83 Bn |
| 72 | BOKF | Bok Financial Corp | secondary | F-01 | Banking | FG-01 | 8.25 Bn | 12.53 | 3.61 | -12.01 Bn |
| 73 | COMP | Compass, Inc. | secondary | R-17 | Real Estate Services | RG-04 | 7.92 Bn | 168.44 | 0.75 | 7.23 Bn |
| 74 | FIGR | Figure Technology Solutions, Inc. | secondary | F-05 | Lending and Credit | FG-02 | 7.80 Bn | 32.54 | 14.20 | 6.26 Bn |
| 75 | Z | Zillow Group, Inc. | secondary | T-29 | Vertical Software | TG-05 | 7.31 Bn | 134.67 | 2.60 | 6.63 Bn |
| 76 | TMHC | Taylor Morrison Home Corp | secondary | D-08 | Homebuilding | DG-03 | 6.77 Bn | 10.26 | 0.89 | 6.12 Bn |
| 77 | WBHC | Wilson Bank Holding Co | secondary | F-01 | Banking | FG-01 | 6.76 Bn | 81.18 | 18.92 | 6.75 Bn |
| 78 | BMA | Macro Bank Inc. | secondary | F-01 | Banking | FG-01 | 6.52 Bn | 0.02 | — | 5,238.04 Bn |
| 79 | FNB | Fnb Corp/Pa/ | secondary | F-01 | Banking | FG-01 | 6.46 Bn | 10.81 | 3.54 | 4.09 Bn |
| 80 | UBSI | United Bankshares Inc/Wv | secondary | F-01 | Banking | FG-01 | 6.43 Bn | 12.65 | 162.14 | 4.32 Bn |
| 81 | GBCI | Glacier Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 5.97 Bn | 19.14 | 5.00 | -1.58 Bn |
| 82 | ABCB | Ameris Bancorp | secondary | F-01 | Banking | FG-01 | 5.68 Bn | 15.04 | 4.50 | 4.48 Bn |
| 83 | AUB | Atlantic Union Bankshares Corp | secondary | F-01 | Banking | FG-01 | 5.64 Bn | 11.87 | 3.66 | 4.55 Bn |
| 84 | FLG | Flagstar Bank, National Association | secondary | F-01 | Banking | FG-01 | 5.49 Bn | 365.98 | 2.63 | 5.49 Bn |
| 85 | AX | Axos Financial, Inc. | secondary | F-02 | Banking | FG-01 | 5.29 Bn | 10.77 | 3.57 | 3.98 Bn |
| 86 | PFH | Prudential Financial Inc | secondary | F-12 | Insurance | FG-04 | 5.23 Bn | 1.34 | 0.08 | -24.04 Bn |
| 87 | TFSL | TFS Financial CORP | secondary | F-03 | Banking | FG-01 | 4.77 Bn | 46.48 | 13.80 | 4.27 Bn |
| 88 | SFBS | ServisFirst Bancshares, Inc. | secondary | F-01 | Banking | FG-01 | 4.62 Bn | 14.39 | 7.42 | 3.16 Bn |
| 89 | MRP | Millrose Properties, Inc. | secondary | R-18 | Property Developers | RG-05 | 4.58 Bn | 10.35 | 6.02 | 4.58 Bn |
| 90 | FULT | Fulton Financial Corp | secondary | F-01 | Banking | FG-01 | 4.51 Bn | 11.69 | 15.56 | 3.24 Bn |
| 91 | UCB | United Community Banks Inc | secondary | F-01 | Banking | FG-01 | 4.23 Bn | 11.46 | 3.81 | 3.68 Bn |
| 92 | FBP | First Bancorp /Pr/ | secondary | F-01 | Banking | FG-01 | 4.23 Bn | 11.40 | 4.11 | -15.48 Bn |
| 93 | MTH | Meritage Homes CORP | secondary | D-08 | Homebuilding | DG-03 | 4.18 Bn | 12.83 | 0.78 | 3.38 Bn |
| 94 | CVCO | Cavco Industries, Inc. | secondary | D-09 | Homebuilding | DG-03 | 4.10 Bn | — | — | 3.85 Bn |
| 95 | WSBC | Wesbanco Inc | secondary | F-01 | Banking | FG-01 | 3.85 Bn | 11.62 | 3.68 | 2.77 Bn |
| 96 | RNST | Renasant Corp | secondary | F-01 | Banking | FG-01 | 3.73 Bn | 11.90 | 3.40 | 2.85 Bn |
| 97 | PFSI | PennyMac Financial Services, Inc. | secondary | F-05 | Lending and Credit | FG-02 | 3.66 Bn | 11.19 | 1.65 | 2.91 Bn |
| 98 | NIC | Nicolet Bankshares Inc | secondary | F-01 | Banking | FG-01 | 3.59 Bn | 23.46 | 93.96 | 3.13 Bn |
| 99 | MHO | M/I Homes, Inc. | secondary | D-08 | Homebuilding | DG-03 | 3.53 Bn | 11.30 | 0.83 | 2.80 Bn |
| 100 | FIBK | First Interstate Bancsystem Inc | secondary | F-01 | Banking | FG-01 | 3.53 Bn | 11.00 | 3.30 | 2.36 Bn |
| 101 | MCHB | Mechanics Bancorp | secondary | F-01 | Banking | FG-01 | 3.40 Bn | 12.15 | 64.08 | 2.80 Bn |
| 102 | NHI | National Health Investors Inc | secondary | R-07 | Property REITs | RG-01 | 3.40 Bn | 20.48 | 7.87 | 3.41 Bn |
| 103 | NMIH | NMI Holdings, Inc. | secondary | F-13 | Insurance | FG-04 | 3.31 Bn | 8.41 | 4.53 | 3.24 Bn |
| 104 | SBCF | Seacoast Banking Corp Of Florida | secondary | F-01 | Banking | FG-01 | 3.29 Bn | 20.76 | 567.44 | 2.86 Bn |
| 105 | BKU | BankUnited, Inc. | secondary | F-01 | Banking | FG-01 | 3.24 Bn | 11.89 | 136.64 | 2.87 Bn |
| 106 | KBH | Kb Home | secondary | D-08 | Homebuilding | DG-03 | 3.01 Bn | 11.16 | 0.55 | 2.95 Bn |
| 107 | GRBK | Green Brick Partners, Inc. | secondary | D-08 | Homebuilding | DG-03 | 2.94 Bn | 9.36 | 1.49 | 2.87 Bn |
| 108 | FBK | FB Financial Corp | secondary | F-01 | Banking | FG-01 | 2.74 Bn | 14.30 | 54.27 | 1.62 Bn |
| 109 | TRMK | Trustmark Corp | secondary | F-01 | Banking | FG-01 | 2.74 Bn | 12.09 | 3.35 | 2.74 Bn |
| 110 | AKR | Acadia Realty Trust | secondary | R-03 | Property REITs | RG-01 | 2.72 Bn | 50.53 | 6.74 | 3.06 Bn |
| 111 | BBT | Beacon Financial Corp | secondary | F-01 | Banking | FG-01 | 2.63 Bn | 16.43 | 82.82 | 1.41 Bn |
| 112 | FRME | First Merchants Corp | secondary | F-01 | Banking | FG-01 | 2.56 Bn | 13.91 | 68.19 | 2.56 Bn |
| 113 | SYBT | Stock Yards Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 2.48 Bn | 16.24 | 54.36 | 1.63 Bn |
| 114 | AGM | Federal Agricultural Mortgage Corp | secondary | F-05 | Lending and Credit | FG-02 | 2.45 Bn | 12.23 | 5.49 | 1.41 Bn |
| 115 | MBIN | Merchants Bancorp | secondary | F-01 | Banking | FG-01 | 2.44 Bn | 10.67 | 3.42 | 1.60 Bn |
| 116 | BANR | Banner Corp | secondary | F-01 | Banking | FG-01 | 2.42 Bn | 11.64 | — | 1.99 Bn |
| 117 | BBUC | Brookfield Business Corp | secondary | I-15 | Construction Services | IG-04 | 2.32 Bn | 228.62 | 0.09 | 13.00 Bn |
| 118 | LTC | Ltc Properties Inc | secondary | R-07 | Property REITs | RG-01 | 2.28 Bn | 16.28 | 6.55 | 2.35 Bn |
| 119 | HTH | Hilltop Holdings Inc. | secondary | F-01 | Banking | FG-01 | 2.22 Bn | 13.43 | 2.99 | 0.25 Bn |
| 120 | UWMC | UWM Holdings Corp | secondary | F-05 | Lending and Credit | FG-02 | 2.15 Bn | -4.31 | 0.60 | 2.50 Bn |
| 121 | CHCO | City Holding Co | secondary | F-01 | Banking | FG-01 | 2.02 Bn | 15.34 | 26.88 | 2.04 Bn |
| 122 | NTST | NETSTREIT Corp. | secondary | R-06 | Property REITs | RG-01 | 1.99 Bn | 136.93 | 9.10 | 2.00 Bn |
| 123 | NBHC | National Bank Holdings Corp | secondary | F-01 | Banking | FG-01 | 1.86 Bn | 19.72 | 38.35 | 1.48 Bn |
| 124 | HOPE | Hope Bancorp Inc | secondary | F-01 | Banking | FG-01 | 1.78 Bn | 13.94 | 3.09 | 1.10 Bn |
| 125 | FSUN | Firstsun Capital Bancorp | secondary | F-01 | Banking | FG-01 | 1.77 Bn | 40.17 | 3.46 | 0.78 Bn |
| 126 | CNOB | ConnectOne Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 1.73 Bn | 10.39 | 3.66 | 0.50 Bn |
| 127 | CCS | Century Communities, Inc. | secondary | D-08 | Homebuilding | DG-03 | 1.72 Bn | 14.69 | 0.44 | 1.63 Bn |
| 128 | TCBK | Trico Bancshares / | secondary | F-01 | Banking | FG-01 | 1.71 Bn | 12.61 | 31.53 | 2.50 Bn |
| 129 | RBCAA | Republic Bancorp Inc /Ky/ | secondary | F-01 | Banking | FG-01 | 1.68 Bn | 14.96 | 97.11 | 1.24 Bn |
| 130 | OBK | Origin Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 1.68 Bn | 16.84 | 57.87 | 1.13 Bn |
| 131 | JSM | Navient Corp | secondary | F-04 | Lending and Credit | FG-02 | 1.67 Bn | -35.62 | 2.22 | 0.30 Bn |
| 132 | KW | Kennedy-Wilson Holdings, Inc. | secondary | R-19 | Property Developers | RG-05 | 1.52 Bn | 96.40 | 3.11 | 1.37 Bn |
| 133 | WD | Walker & Dunlop, Inc. | secondary | F-05 | Lending and Credit | FG-02 | 1.35 Bn | 38.26 | 1.05 | 1.20 Bn |
| 134 | CNF | CNFinance Holdings Ltd. | secondary | F-05 | Lending and Credit | FG-02 | 1.34 Bn | -27.01 | 26.43 | 1.34 Bn |
| 135 | HBT | HBT Financial, Inc. | secondary | F-01 | Banking | FG-01 | 1.33 Bn | 17.08 | 93.76 | 1.20 Bn |
| 136 | UMH | Umh Properties, Inc. | secondary | R-01 | Property REITs | RG-01 | 1.32 Bn | 96.22 | 4.88 | 1.30 Bn |
| 137 | OCFC | Oceanfirst Financial Corp | secondary | F-01 | Banking | FG-01 | 1.32 Bn | 27.54 | 91.69 | 1.32 Bn |
| 138 | MMI | Marcus & Millichap, Inc. | secondary | R-16 | Real Estate Services | RG-04 | 1.19 Bn | 82.61 | 1.46 | 0.97 Bn |
| 139 | AMTB | Amerant Bancorp Inc. | secondary | F-01 | Banking | FG-01 | 1.15 Bn | 20.46 | 2.72 | 0.85 Bn |
| 140 | DFH | Dream Finders Homes, Inc. | secondary | D-08 | Homebuilding | DG-03 | 1.12 Bn | 7.60 | 0.27 | 0.95 Bn |
| 141 | MBWM | Mercantile Bank Corp | secondary | F-01 | Banking | FG-01 | 1.07 Bn | 12.09 | 104.99 | 0.73 Bn |
| 142 | MCBS | MetroCity Bankshares, Inc. | secondary | F-01 | Banking | FG-01 | 1.02 Bn | 12.76 | 143.24 | 0.75 Bn |
| 143 | NBBK | NB Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 1.00 Bn | 17.00 | 3.85 | 0.60 Bn |
| 144 | TRST | Trustco Bank Corp N Y | secondary | F-03 | Banking | FG-01 | 1.00 Bn | 15.54 | 5.05 | 0.29 Bn |
| 145 | FSBC | Five Star Bancorp | secondary | F-01 | Banking | FG-01 | 0.99 Bn | 13.71 | 5.53 | 0.31 Bn |
| 146 | FMCB | Farmers & Merchants Bancorp | secondary | F-01 | Banking | FG-01 | 0.99 Bn | 9.95 | 3.95 | 0.71 Bn |
| 147 | CPF | Central Pacific Financial Corp | secondary | F-01 | Banking | FG-01 | 0.98 Bn | 11.85 | 18.11 | 0.98 Bn |
| 148 | HAFC | Hanmi Financial Corp | secondary | F-01 | Banking | FG-01 | 0.94 Bn | -13.20 | 3.30 | 0.76 Bn |
| 149 | THFF | First Financial Corp /In/ | secondary | F-01 | Banking | FG-01 | 0.93 Bn | 11.08 | 3.31 | 0.93 Bn |
| 150 | GSBC | Great Southern Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 0.87 Bn | 12.96 | 3.07 | 0.69 Bn |
| 151 | CCBG | Capital City Bank Group Inc | secondary | F-01 | Banking | FG-01 | 0.87 Bn | 14.04 | 37.81 | 0.39 Bn |
| 152 | SPFI | South Plains Financial, Inc. | secondary | F-01 | Banking | FG-01 | 0.84 Bn | 13.23 | 3.72 | 0.06 Bn |
| 153 | HBIA | Hills Bancorporation | secondary | F-01 | Banking | FG-01 | 0.82 Bn | 10.90 | 47.28 | 0.78 Bn |
| 154 | PGC | Peapack Gladstone Financial Corp | secondary | F-01 | Banking | FG-01 | 0.81 Bn | 15.69 | 2.56 | 0.81 Bn |
| 155 | FISI | Financial Institutions Inc | secondary | F-01 | Banking | FG-01 | 0.81 Bn | 10.44 | 6.35 | 0.69 Bn |
| 156 | SHBI | Shore Bancshares Inc | secondary | F-01 | Banking | FG-01 | 0.78 Bn | 11.85 | 3.30 | 0.53 Bn |
| 157 | IBCP | Independent Bank Corp /Mi/ | secondary | F-01 | Banking | FG-01 | 0.76 Bn | 10.66 | 3.21 | 0.60 Bn |
| 158 | WASH | Washington Trust Bancorp Inc | secondary | F-01 | Banking | FG-01 | 0.76 Bn | 13.76 | 3.26 | 0.71 Bn |
| 159 | TCBX | Third Coast Bancshares, Inc. | secondary | F-01 | Banking | FG-01 | 0.75 Bn | 10.73 | 3.16 | 0.17 Bn |
| 160 | HOV | Hovnanian Enterprises Inc | secondary | D-08 | Homebuilding | DG-03 | 0.74 Bn | 109.70 | 0.26 | 0.74 Bn |
| 161 | CUBB | Customers Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 0.72 Bn | 2.52 | 0.78 | -3.46 Bn |
| 162 | CWBC | Community West Bancshares | secondary | F-01 | Banking | FG-01 | 0.71 Bn | 19.56 | 3.96 | 0.49 Bn |
| 163 | VEL | Velocity Financial, Inc. | secondary | F-05 | Lending and Credit | FG-02 | 0.70 Bn | 6.46 | -2.04 | -6.74 Bn |
| 164 | BCAL | California BanCorp \ CA | secondary | F-01 | Banking | FG-01 | 0.70 Bn | 11.65 | 216.82 | 0.44 Bn |
| 165 | CARE | Carter Bankshares, Inc. | secondary | F-01 | Banking | FG-01 | 0.69 Bn | 5.31 | 2.72 | 0.42 Bn |
| 166 | BHB | Bar Harbor Bankshares | secondary | F-01 | Banking | FG-01 | 0.68 Bn | 291.83 | 3.52 | 0.40 Bn |
| 167 | TIPT | Tiptree Inc. | secondary | F-13 | Insurance | FG-04 | 0.67 Bn | — | — | 0.86 Bn |
| 168 | ACNB | Acnb Corp | secondary | F-01 | Banking | FG-01 | 0.66 Bn | 12.15 | 119.80 | 0.66 Bn |
| 169 | AROW | Arrow Financial Corp | secondary | F-01 | Banking | FG-01 | 0.65 Bn | 12.54 | 56.78 | 0.65 Bn |
| 170 | NFBK | Northfield Bancorp, Inc. | secondary | F-03 | Banking | FG-01 | 0.64 Bn | 57.10 | 91.88 | 0.39 Bn |
| 171 | GOOD | Gladstone Commercial Corp | secondary | R-06 | Property REITs | RG-01 | 0.62 Bn | 50.53 | 3.61 | 0.79 Bn |
| 172 | GCBC | Greene County Bancorp Inc | secondary | F-03 | Banking | FG-01 | 0.61 Bn | 16.43 | 6.57 | 0.22 Bn |
| 173 | UNTY | Unity Bancorp Inc /Nj/ | secondary | F-01 | Banking | FG-01 | 0.60 Bn | 10.30 | 209.61 | 0.35 Bn |
| 174 | SFST | Southern First Bancshares Inc | secondary | F-01 | Banking | FG-01 | 0.60 Bn | 14.64 | 97.90 | 0.22 Bn |
| 175 | BWB | Bridgewater Bancshares Inc | secondary | F-01 | Banking | FG-01 | 0.60 Bn | 11.40 | 3.68 | 0.08 Bn |
| 176 | NPB | Northpointe Bancshares Inc | secondary | F-01 | Banking | FG-01 | 0.60 Bn | 7.68 | 2.35 | 0.06 Bn |
| 177 | CBNK | Capital Bancorp Inc | secondary | F-01 | Banking | FG-01 | 0.59 Bn | 10.47 | 24.00 | 0.17 Bn |
| 178 | NRIM | Northrim Bancorp Inc | secondary | F-01 | Banking | FG-01 | 0.58 Bn | 8.49 | 119.59 | 0.54 Bn |
| 179 | BWFG | Bankwell Financial Group, Inc. | secondary | F-01 | Banking | FG-01 | 0.55 Bn | 12.57 | 182.54 | 0.14 Bn |
| 180 | HBCP | Home Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 0.54 Bn | 11.50 | 82.75 | 0.54 Bn |
| 181 | BSRR | Sierra Bancorp | secondary | F-01 | Banking | FG-01 | 0.53 Bn | 11.65 | 22.27 | 0.39 Bn |
| 182 | BSVN | Bank7 Corp. | secondary | F-01 | Banking | FG-01 | 0.52 Bn | 12.45 | 5.20 | 0.51 Bn |
| 183 | PDLB | Ponce Financial Group, Inc. | secondary | F-01 | Banking | FG-01 | 0.50 Bn | 15.22 | 4.14 | 0.36 Bn |
| 184 | CBK | Commercial Bancgroup, Inc. | secondary | F-01 | Banking | FG-01 | 0.46 Bn | 11.79 | 4.96 | 0.28 Bn |
| 185 | RBB | RBB Bancorp | secondary | F-01 | Banking | FG-01 | 0.45 Bn | 10.82 | 77.78 | 0.17 Bn |
| 186 | AVBC | Avidia Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 0.44 Bn | 28.24 | 3.95 | 0.32 Bn |
| 187 | PLBC | Plumas Bancorp | secondary | F-01 | Banking | FG-01 | 0.44 Bn | 12.19 | 134.64 | 0.30 Bn |
| 188 | ISTR | Investar Holding Corp | secondary | F-01 | Banking | FG-01 | 0.43 Bn | 13.51 | 8.60 | -0.01 Bn |
| 189 | LAND | GLADSTONE LAND Corp | secondary | R-15 | Land REITs | RG-03 | 0.41 Bn | -14.03 | 4.66 | 0.41 Bn |
| 190 | PKBK | Parke Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 0.41 Bn | 8.89 | 4.42 | 0.20 Bn |
| 191 | MVBF | Mvb Financial Corp | secondary | F-01 | Banking | FG-01 | 0.41 Bn | 10.39 | 2.16 | 0.03 Bn |
| 192 | FRST | Primis Financial Corp. | secondary | F-01 | Banking | FG-01 | 0.40 Bn | 7.60 | 1.79 | 0.22 Bn |
| 193 | PCB | Pcb Bancorp | secondary | F-01 | Banking | FG-01 | 0.39 Bn | 9.51 | 3.26 | 0.13 Bn |
| 194 | WSBF | Waterstone Financial, Inc. | secondary | F-01 | Banking | FG-01 | 0.38 Bn | 12.15 | 2.56 | 0.34 Bn |
| 195 | NWFL | Norwood Financial Corp | secondary | F-01 | Banking | FG-01 | 0.38 Bn | 13.08 | 44.12 | 0.18 Bn |
| 196 | RVRF | River Financial Corp | secondary | F-01 | Banking | FG-01 | 0.37 Bn | 7.37 | 2.47 | 0.21 Bn |
| 197 | TSBK | Timberland Bancorp Inc | secondary | F-01 | Banking | FG-01 | 0.36 Bn | 11.51 | 75.49 | 0.11 Bn |
| 198 | TCI | Transcontinental Realty Investors Inc | secondary | R-01 | Property REITs | RG-01 | 0.34 Bn | -66.53 | 6.79 | 0.36 Bn |
| 199 | FVCB | FVCBankcorp, Inc. | secondary | F-01 | Banking | FG-01 | 0.33 Bn | 12.88 | 4.47 | 0.33 Bn |
| 200 | COSO | CoastalSouth Bancshares, Inc. | secondary | F-01 | Banking | FG-01 | 0.33 Bn | 12.10 | 161.85 | 0.29 Bn |
| 201 | BCML | BayCom Corp | secondary | F-01 | Banking | FG-01 | 0.33 Bn | 26.10 | 6.12 | 0.15 Bn |
| 202 | JMSB | John Marshall Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 0.33 Bn | 13.40 | 1,133.40 | 0.17 Bn |
| 203 | PINE | Alpine Income Property Trust, Inc. | secondary | R-06 | Property REITs | RG-01 | 0.32 Bn | 85.06 | 4.62 | 0.34 Bn |
| 204 | FSBW | FS Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 0.32 Bn | 9.53 | 2.06 | 0.29 Bn |
| 205 | FCCO | First Community Corp /Sc/ | secondary | F-01 | Banking | FG-01 | 0.32 Bn | 9.89 | 332.49 | 0.32 Bn |
| 206 | CFFI | C & F Financial Corp | secondary | F-01 | Banking | FG-01 | 0.31 Bn | 10.88 | 2.07 | 0.17 Bn |
| 207 | LDI | loanDepot, Inc. | secondary | F-05 | Lending and Credit | FG-02 | 0.30 Bn | -1.89 | 0.24 | 0.12 Bn |
| 208 | MYFW | First Western Financial Inc | secondary | F-01 | Banking | FG-01 | 0.30 Bn | 16.37 | 2.84 | 0.13 Bn |
| 209 | CBNA | Chain Bridge Bancorp Inc | secondary | F-01 | Banking | FG-01 | 0.30 Bn | 11.29 | 176.16 | -0.52 Bn |
| 210 | BPRN | Princeton Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 0.30 Bn | 11.42 | 3.43 | 0.14 Bn |
| 211 | GBFH | GBank Financial Holdings Inc. | secondary | F-01 | Banking | FG-01 | 0.29 Bn | 15.68 | 3.53 | 0.15 Bn |
| 212 | ONIT | Onity Group Inc. | secondary | F-05 | Lending and Credit | FG-02 | 0.29 Bn | 2.11 | 0.25 | 0.09 Bn |
| 213 | NXDT | Nexpoint Diversified Real Estate Trust | secondary | R-10 | Property REITs | RG-01 | 0.28 Bn | -6.58 | 3.63 | 0.28 Bn |
| 214 | FNRN | First Northern Community Bancorp | secondary | F-01 | Banking | FG-01 | 0.28 Bn | 12.49 | 105.20 | -0.08 Bn |
| 215 | CFTR-PA | Cantor Fitzgerald Income Trust, Inc. | secondary | R-06 | Property REITs | RG-01 | 0.27 Bn | -29.91 | 2.76 | 0.48 Bn |
| 216 | RMAX | RE/MAX Holdings, Inc. | secondary | R-17 | Real Estate Services | RG-04 | 0.26 Bn | 20.50 | 0.93 | -0.41 Bn |
| 217 | FBLA | FB Bancorp, Inc. /MD/ | secondary | F-03 | Banking | FG-01 | 0.26 Bn | 132.00 | -21.15 | 0.21 Bn |
| 218 | BETR | Better Home & Finance Holding Co | secondary | F-05 | Lending and Credit | FG-02 | 0.25 Bn | -1.34 | 1.29 | 0.14 Bn |
| 219 | INBK | First Internet Bancorp | secondary | F-01 | Banking | FG-01 | 0.24 Bn | -7.80 | 23.04 | -0.17 Bn |
| 220 | MRBK | Meridian Corp | secondary | F-01 | Banking | FG-01 | 0.23 Bn | 10.74 | 34.77 | 0.20 Bn |
| 221 | OPBK | OP Bancorp | secondary | F-01 | Banking | FG-01 | 0.23 Bn | 7.91 | 105.90 | 0.05 Bn |
| 222 | CFBK | Cf Bankshares Inc. | secondary | F-01 | Banking | FG-01 | 0.23 Bn | 12.40 | 3.61 | -0.03 Bn |
| 223 | QNBC | Qnb Corp. | secondary | F-01 | Banking | FG-01 | 0.22 Bn | 16.66 | 3.38 | -0.37 Bn |
| 224 | CZWI | Citizens Community Bancorp Inc. | secondary | F-01 | Banking | FG-01 | 0.21 Bn | 16.47 | 3.29 | 0.08 Bn |
| 225 | FCAP | First Capital Inc | secondary | F-01 | Banking | FG-01 | 0.21 Bn | 15.31 | 28.72 | -0.12 Bn |
| 226 | SNFCA | Security National Financial Corp | secondary | F-12 | Insurance | FG-04 | 0.21 Bn | 6.14 | 0.60 | -0.34 Bn |
| 227 | CSBB | CSB Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 0.20 Bn | 15.95 | 87.15 | 0.11 Bn |
| 228 | CBFV | CB Financial Services, Inc. | secondary | F-01 | Banking | FG-01 | 0.19 Bn | 26.22 | 82.48 | 0.11 Bn |
| 229 | HNVR | Hanover Bancorp, Inc. /MD | secondary | F-01 | Banking | FG-01 | 0.19 Bn | 21.43 | 2.51 | 0.05 Bn |
| 230 | ECBK | ECB Bancorp, Inc. /MD/ | secondary | F-01 | Banking | FG-01 | 0.19 Bn | 15.19 | 9.93 | -0.06 Bn |
| 231 | FINW | Finwise Bancorp | secondary | F-01 | Banking | FG-01 | 0.18 Bn | 12.84 | 1.01 | 0.09 Bn |
| 232 | BVFL | BV Financial, Inc. | secondary | F-01 | Banking | FG-01 | 0.18 Bn | 13.76 | 264.38 | 0.11 Bn |
| 233 | EBMT | Eagle Bancorp Montana, Inc. | secondary | F-01 | Banking | FG-01 | 0.18 Bn | — | — | 0.12 Bn |
| 234 | RMBI | Richmond Mutual Bancorporation, Inc. | secondary | F-01 | Banking | FG-01 | 0.17 Bn | 13.89 | 3.21 | 0.13 Bn |
| 235 | SLBK | Skyline Bankshares, Inc. | secondary | F-01 | Banking | FG-01 | 0.16 Bn | 8.84 | 36.89 | 0.14 Bn |
| 236 | SRBK | SR Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 0.16 Bn | 182.66 | 6.13 | 0.10 Bn |
| 237 | DOUG | Douglas Elliman Inc. | secondary | R-17 | Real Estate Services | RG-04 | 0.16 Bn | 6.13 | 0.16 | 0.05 Bn |
| 238 | BCBP | Bcb Bancorp Inc | secondary | F-01 | Banking | FG-01 | 0.16 Bn | -42.52 | 1.54 | -0.04 Bn |
| 239 | HFBL | Home Federal Bancorp, Inc. of Louisiana | secondary | F-01 | Banking | FG-01 | 0.15 Bn | 30.68 | 6.72 | 0.13 Bn |
| 240 | FMBM | F&M Bank Corp | secondary | F-01 | Banking | FG-01 | 0.14 Bn | 9.76 | 2.46 | 0.14 Bn |
| 241 | AFBI | Affinity Bancshares, Inc. | secondary | F-01 | Banking | FG-01 | 0.14 Bn | 15.96 | 3.91 | 0.05 Bn |
| 242 | FOA | Finance of America Companies Inc. | secondary | F-05 | Lending and Credit | FG-02 | 0.14 Bn | -3.94 | 0.40 | 0.14 Bn |
| 243 | FGBI | First Guaranty Bancshares, Inc. | secondary | F-01 | Banking | FG-01 | 0.13 Bn | -3.35 | 1.09 | -0.66 Bn |
| 244 | BOTJ | Bank Of The James Financial Group Inc | secondary | F-01 | Banking | FG-01 | 0.12 Bn | 11.07 | 27.98 | 0.07 Bn |
| 245 | UNB | Union Bankshares Inc | secondary | F-01 | Banking | FG-01 | 0.12 Bn | 9.39 | 2.04 | 0.09 Bn |
| 246 | PROV | Provident Financial Holdings Inc | secondary | F-03 | Banking | FG-01 | 0.12 Bn | 17.96 | 97.01 | 0.07 Bn |
| 247 | STHO | Star Holdings | secondary | R-19 | Property Developers | RG-05 | 0.11 Bn | 8.12 | 1.20 | 0.08 Bn |
| 248 | OPHC | OptimumBank Holdings, Inc. | secondary | F-01 | Banking | FG-01 | 0.11 Bn | 5.56 | 1.91 | -0.03 Bn |
| 249 | UWHR | Uwharrie Capital Corp | secondary | F-01 | Banking | FG-01 | 0.10 Bn | 7.96 | 1.89 | 0.02 Bn |
| 250 | FNWB | First Northwest Bancorp | secondary | F-01 | Banking | FG-01 | 0.10 Bn | 66.29 | 1.50 | -0.19 Bn |
| 251 | RPT | Rithm Property Trust Inc. | secondary | R-10 | Property REITs | RG-01 | 0.10 Bn | -44.33 | — | -0.05 Bn |
| 252 | AUBN | Auburn National Bancorporation, Inc | secondary | F-01 | Banking | FG-01 | 0.09 Bn | 11.05 | 149.58 | -0.12 Bn |
| 253 | UBCP | United Bancorp Inc /Oh/ | secondary | F-01 | Banking | FG-01 | 0.09 Bn | 11.12 | 2.71 | 0.04 Bn |
| 254 | CPBI | Central Plains Bancshares, Inc. | secondary | F-01 | Banking | FG-01 | 0.09 Bn | 19.62 | 4.05 | 0.05 Bn |
| 255 | AFCG | Advanced Flower Capital Inc. | secondary | F-07 | Lending and Credit | FG-02 | 0.08 Bn | -25.39 | 2.67 | 0.08 Bn |
| 256 | NSTS | NSTS Bancorp, Inc. | secondary | F-03 | Banking | FG-01 | 0.07 Bn | -410.12 | 287.29 | 0.02 Bn |
| 257 | KFFB | Kentucky First Federal Bancorp | secondary | F-03 | Banking | FG-01 | 0.05 Bn | 0.06 | 4.10 | 0.02 Bn |
| 258 | QNTO | Quaint Oak Bancorp, Inc. | secondary | F-03 | Banking | FG-01 | 0.04 Bn | 49.21 | 30.48 | -0.01 Bn |
| 259 | BAFN | BayFirst Financial Corp. | secondary | F-01 | Banking | FG-01 | 0.04 Bn | -0.57 | 1.09 | -0.10 Bn |
| 260 | PAPL | Pineapple Financial Inc. | secondary | F-05 | Lending and Credit | FG-02 | 0.02 Bn | -11.90 | 8.82 | 0.01 Bn |
| 261 | LTSV | Lightstone Value Plus REIT IV, Inc. | secondary | R-05 | Property REITs | RG-01 | 0.02 Bn | -1.02 | 0.80 | 0.02 Bn |
| 262 | MSBB | Mercer Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 0.02 Bn | 17.93 | 2.73 | 0.01 Bn |
| 263 | NYC | American Strategic Investment Co. | secondary | R-02 | Property REITs | RG-01 | 0.02 Bn | 1.32 | — | 0.02 Bn |
| 264 | SBMW | Security Midwest Bancorp, Inc. | secondary | F-01 | Banking | FG-01 | 0.02 Bn | 37.57 | 1.70 | -0.01 Bn |
| 265 | BLNE | Beeline Holdings, Inc. | secondary | S-02 | Beverages | SG-01 | 0.01 Bn | -0.63 | 1.45 | 0.01 Bn |
| 266 | MMCP | Mag Mile Capital, Inc. | secondary | F-05 | Lending and Credit | FG-02 | 0.01 Bn | -80.85 | 2.46 | 0.01 Bn |
| 267 | DSS | Dss, Inc. | secondary | M-23 | Packaging | MG-04 | 0.01 Bn | -0.37 | 0.40 | 0.01 Bn |
| 268 | MFBI | Monroe Federal Bancorp, Inc. | secondary | F-03 | Banking | FG-01 | 0.01 Bn | -17.27 | 1.56 | -0.01 Bn |
| 269 | CWD | CaliberCos Inc. | secondary | F-11 | Asset and Wealth Management | FG-03 | 0.01 Bn | -0.19 | 0.33 | 0.04 Bn |
| 270 | MKZR | MacKenzie Realty Capital, Inc. | secondary | R-01 | Property REITs | RG-01 | 0.00 Bn | — | — | 0.03 Bn |
| 271 | PW | Power REIT | secondary | R-10 | Property REITs | RG-01 | 0.00 Bn | -1.56 | 0.92 | 0.00 Bn |