Mid-cap

Columbia Financial runs a straightforward regional banking model centered on deposits and real estate-backed lending. Earnings have started to recover after a difficult period, and recent momentum is strong, making the next phase of profitability improvement especially important to watch.

Park National is a community-focused regional bank built on deposits, lending, and wealth services. Revenue and book value have advanced, profitability remains solid, and the bank’s conservative profile has helped it navigate a difficult rate cycle better than many peers.

Northwest Bancshares is a regional bank built around deposits, lending, and recurring fee businesses. Recent revenue growth, a high dividend yield, and improving market confidence stand out, while the key question is whether those gains can lift profitability closer to stronger peers.

Lancashire Holdings is a specialty insurer and reinsurer focused on complex, better-priced risks. Recent years brought a sharp improvement in earnings, returns, and book value, supported by underwriting discipline and favorable market conditions.