WallStreetZenWallStreetZen

Best Bank Stocks to Buy Now (2024)
Top bank stocks in 2024 ranked by overall Zen Score. See the best bank stocks to buy now, according to analyst forecasts for the banks - regional industry.

Industry: Banks - Regional
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
SMBC
SOUTHERN MISSOURI BANCORP INC
NASDAQ
Banks - Regional
$482.14M$42.461.10%$75.66M9.07x8.69
HDB
HDFC BANK LTD
NYSE
Banks - Regional
$103.42B$55.66-0.52%$8.33B17.13x7.84
SBCF
SEACOAST BANKING CORP OF FLORIDA
NASDAQ
Banks - Regional
$2.05B$24.110.29%$161.80M17.22x6.00
WBS
WEBSTER FINANCIAL CORP
NYSE
Banks - Regional
$8.00B$46.640.93%$1.19B9.52x7.71
CBFV
CB FINANCIAL SERVICES INC
NASDAQ
Banks - Regional
$118.07M$22.962.64%$32.86M5.21x9.40
ORRF
ORRSTOWN FINANCIAL SERVICES INC
NASDAQ
Banks - Regional
$286.99M$26.770.45%$48.74M7.92x10.72
BLX
FOREIGN TRADE BANK OF LATIN AMERICA INC
NYSE
Banks - Regional
$1.09B$29.70-0.30%$169.25M6.53x7.93
SPFI
SOUTH PLAINS FINANCIAL INC
NASDAQ
Banks - Regional
$443.32M$27.000.04%$88.14M7.03x9.32
FUSB
FIRST US BANCSHARES INC
NASDAQ
Banks - Regional
$63.85M$11.030.64%$13.04M7.71x10.60
CASH
PATHWARD FINANCIAL INC
NASDAQ
Banks - Regional
$1.36B$54.01-0.17%$255.49M8.07x9.05
PFC
PREMIER FINANCIAL CORP
NASDAQ
Banks - Regional
$752.08M$21.00-0.14%$149.25M6.77x7.86
MTB
M&T BANK CORP
NYSE
Banks - Regional
$25.79B$154.59-0.30%$3.77B10.40x6.92
CCBG
CAPITAL CITY BANK GROUP INC
NASDAQ
Banks - Regional
$473.73M$27.961.97%$73.38M9.08x8.75
ASB
ASSOCIATED BANC-CORP
NYSE
Banks - Regional
$3.39B$22.480.49%$224.45M22.71x9.30
ITUB
ITAU UNIBANCO HOLDING SA
NYSE
Banks - Regional
$63.51B$6.48-0.46%$10.72B9.76x12.33
CFG
CITIZENS FINANCIAL GROUP INC
NYSE
Banks - Regional
$16.76B$36.841.13%$2.13B13.20x8.28
RF
REGIONS FINANCIAL CORP
NYSE
Banks - Regional
$18.55B$20.260.80%$2.40B11.01x8.09
BY
BYLINE BANCORP INC
NYSE
Banks - Regional
$1.04B$23.580.81%$158.86M8.61x8.33
VLY
VALLEY NATIONAL BANCORP
NASDAQ
Banks - Regional
$4.07B$7.99-0.37%$646.79M9.40x8.07
OSBC
OLD SECOND BANCORP INC
NASDAQ
Banks - Regional
$664.16M$14.811.65%$128.14M7.41x8.42
HBAN
HUNTINGTON BANCSHARES INC
NASDAQ
Banks - Regional
$20.67B$14.261.28%$2.97B12.73x9.01
WABC
WESTAMERICA BANCORPORATION
NASDAQ
Banks - Regional
$1.32B$49.570.55%$227.67M8.37x7.17
CFB
CROSSFIRST BANKSHARES INC
NASDAQ
Banks - Regional
$653.13M$13.250.99%$96.56M9.60x9.46
KEY
KEYCORP
NYSE
Banks - Regional
$14.68B$15.573.04%$1.17B19.71x11.89
SNV
SYNOVUS FINANCIAL CORP
NYSE
Banks - Regional
$5.88B$40.150.50%$690.53M13.70x10.92
IBOC
INTERNATIONAL BANCSHARES CORP
NASDAQ
Banks - Regional
$3.78B$60.720.63%$539.92M9.26x5.18
TCBX
THIRD COAST BANCSHARES INC
NASDAQ
Banks - Regional
$287.94M$21.091.10%$42.10M9.63x10.00
USB
US BANCORP
NYSE
Banks - Regional
$65.88B$42.220.64%$7.35B14.03x11.29
MVBF
MVB FINANCIAL CORP
NASDAQ
Banks - Regional
$240.58M$18.670.43%$37.99M9.77x11.16
INDB
INDEPENDENT BANK CORP
NASDAQ
Banks - Regional
$2.22B$52.19-0.87%$333.06M10.08x5.70
TBBK
BANCORP INC
NASDAQ
Banks - Regional
$1.71B$32.97-4.74%$270.52M8.89x8.69
MCB
METROPOLITAN BANK HOLDING CORP
NYSE
Banks - Regional
$487.23M$43.531.63%$96.20M7.08x10.07
BFC
BANK FIRST CORP
NASDAQ
Banks - Regional
$845.63M$83.880.02%$110.32M10.89x5.73
BKU
BANKUNITED INC
NYSE
Banks - Regional
$2.26B$30.182.72%$304.30M13.01x12.30
AX
AXOS FINANCIAL INC
NYSE
Banks - Regional
$3.52B$61.72-0.13%$633.97M8.26x9.31
ABCB
AMERIS BANCORP
NASDAQ
Banks - Regional
$3.47B$50.200.58%$424.20M12.21x6.36
RBCAA
REPUBLIC BANCORP INC
NASDAQ
Banks - Regional
$1.05B$54.240.78%$132.57M11.30x6.35
CFR
CULLEN/FROST BANKERS INC
NYSE
Banks - Regional
$6.90B$107.38-0.45%$741.30M12.69x12.61
CMA
COMERICA INC
NYSE
Banks - Regional
$7.32B$55.182.19%$991.00M10.91x12.13
QCRH
QCR HOLDINGS INC
NASDAQ
Banks - Regional
$995.94M$59.260.97%$136.40M8.77x8.48
FBK
FB FINANCIAL CORP
NYSE
Banks - Regional
$1.84B$39.151.50%$153.70M16.38x7.48
FSBW
FS BANCORP INC
NASDAQ
Banks - Regional
$260.47M$33.411.18%$57.68M7.20x9.69
CFBK
CF BANKSHARES INC
NASDAQ
Banks - Regional
$121.06M$18.960.03%$18.97M7.80x11.91
OFG
OFG BANCORP
NYSE
Banks - Regional
$1.79B$38.141.22%$288.66M9.70x8.18
HFBL
HOME FEDERAL BANCORP INC OF LOUISIANA
NASDAQ
Banks - Regional
$33.40M$10.640.36%$6.04M7.71x11.24
DCOM
DIME COMMUNITY BANCSHARES INC
NASDAQ
Banks - Regional
$773.17M$19.840.00%$116.23M11.15x9.89
IBTX
INDEPENDENT BANK GROUP INC
NASDAQ
Banks - Regional
$1.78B$43.113.21%$150.69M17.04x6.86
STEL
STELLAR BANCORP INC
NYSE
Banks - Regional
$1.23B$22.950.83%$181.66M10.25x6.01
IFS
INTERCORP FINANCIAL SERVICES INC
NYSE
Banks - Regional
$2.70B$23.407.73%$417.15M10.55x8.02
FCNCA
FIRST CITIZENS BANCSHARES INC
NASDAQ
Banks - Regional
$25.02B$1,721.84-0.93%$3.42B9.55x8.97
NBHC
NATIONAL BANK HOLDINGS CORP
NYSE
Banks - Regional
$1.36B$35.841.19%$188.89M10.24x7.09
CBAN
COLONY BANKCORP INC
NASDAQ
Banks - Regional
$209.47M$11.932.76%$36.27M9.54x10.60
PEBO
PEOPLES BANCORP INC
NASDAQ
Banks - Regional
$1.09B$30.731.02%$153.04M9.12x7.73
OVLY
OAK VALLEY BANCORP
NASDAQ
Banks - Regional
$203.14M$24.30-1.82%$36.73M7.28x9.82
EFSC
ENTERPRISE FINANCIAL SERVICES CORP
NASDAQ
Banks - Regional
$1.50B$40.130.80%$235.37M8.59x7.44
FBMS
FIRST BANCSHARES INC
NASDAQ
Banks - Regional
$805.44M$25.801.10%$114.99M10.08x7.30
BBD
BANK BRADESCO
NYSE
Banks - Regional
$27.56B$2.59-0.77%$3.24B10.36x10.58
BOTJ
BANK OF THE JAMES FINANCIAL GROUP INC
NASDAQ
Banks - Regional
$47.25M$10.400.19%$12.25M5.45x15.15
BFST
BUSINESS FIRST BANCSHARES INC
NASDAQ
Banks - Regional
$542.33M$21.280.19%$93.20M8.31x9.32
AVAL
GRUPO AVAL ACCIONES Y VALORES SA
NYSE
Banks - Regional
$2.94B$2.48-0.80%$819.85M15.60x16.07
ACNB
ACNB CORP
NASDAQ
Banks - Regional
$288.64M$33.800.75%$40.20M9.77x7.63
SHBI
SHORE BANCSHARES INC
NASDAQ
Banks - Regional
$370.30M$11.150.63%$29.54M20.27x10.31
LARK
LANDMARK BANCORP INC
NASDAQ
Banks - Regional
$105.65M$19.301.13%$14.72M9.10x11.26
PPBI
PACIFIC PREMIER BANCORP INC
NASDAQ
Banks - Regional
$2.26B$23.450.73%$38.38M167.50x5.48
CBNK
CAPITAL BANCORP INC
NASDAQ
Banks - Regional
$285.76M$20.571.08%$42.66M8.79x7.96
OPBK
OP BANCORP
NASDAQ
Banks - Regional
$148.97M$9.962.15%$31.47M7.11x10.48
UNTY
UNITY BANCORP INC
NASDAQ
Banks - Regional
$277.08M$27.602.68%$55.66M7.15x8.63
EGBN
EAGLE BANCORP INC
NASDAQ
Banks - Regional
$614.96M$20.371.60%$102.43M8.08x8.22
FBIZ
FIRST BUSINESS FINANCIAL SERVICES INC
NASDAQ
Banks - Regional
$285.38M$34.430.61%$49.47M7.95x10.86
FRAF
FRANKLIN FINANCIAL SERVICES CORP
NASDAQ
Banks - Regional
$114.86M$26.130.50%$18.30M8.32x13.99
FITB
FIFTH THIRD BANCORP
NASDAQ
Banks - Regional
$26.66B$38.981.33%$3.40B12.37x10.28
HTBK
HERITAGE COMMERCE CORP
NASDAQ
Banks - Regional
$515.77M$8.421.45%$81.75M9.15x6.77
HOMB
HOME BANCSHARES INC
NYSE
Banks - Regional
$4.98B$24.840.28%$539.92M12.80x4.99
LOB
LIVE OAK BANCSHARES INC
NYSE
Banks - Regional
$1.63B$36.342.05%$122.38M15.94x11.40
OPHC
OPTIMUMBANK HOLDINGS INC
NASDAQ
Banks - Regional
$42.39M$4.401.50%$10.70M4.31x10.33
RVSB
RIVERVIEW BANCORP INC
NASDAQ
Banks - Regional
$86.98M$4.121.73%$15.32M8.77x9.04
CIB
BANCOLOMBIA SA
NYSE
Banks - Regional
$8.57B$35.661.65%$2.37B5.35x7.98
MBIN
MERCHANTS BANCORP
NASDAQ
Banks - Regional
$1.87B$43.040.99%$391.77M6.74x9.03
FHB
FIRST HAWAIIAN INC
NASDAQ
Banks - Regional
$2.82B$22.05-1.47%$332.43M12.67x8.66
VBTX
VERITEX HOLDINGS INC
NASDAQ
Banks - Regional
$1.14B$20.911.75%$146.10M12.09x7.26
FFIN
FIRST FINANCIAL BANKSHARES INC
NASDAQ
Banks - Regional
$4.50B$31.47-1.10%$256.64M22.48x7.85
PNFP
PINNACLE FINANCIAL PARTNERS INC
NASDAQ
Banks - Regional
$6.54B$84.700.56%$775.38M12.07x7.01
ONB
OLD NATIONAL BANCORP
NASDAQ
Banks - Regional
$5.61B$17.580.11%$778.21M9.45x7.85
FCF
FIRST COMMONWEALTH FINANCIAL CORP
NYSE
Banks - Regional
$1.43B$14.020.50%$209.86M8.71x7.78
CHCO
CITY HOLDING CO
NASDAQ
Banks - Regional
$1.54B$104.550.91%$155.50M13.13x8.26
MCBC
MACATAWA BANK CORP
NASDAQ
Banks - Regional
$495.84M$14.43-0.28%$51.54M12.03x7.93
UCBI
UNITED COMMUNITY BANKS INC
NASDAQ
Banks - Regional
$3.21B$26.940.45%$270.45M17.61x7.29
BWFG
BANKWELL FINANCIAL GROUP INC
NASDAQ
Banks - Regional
$188.54M$23.870.84%$43.25M6.20x10.77
COLB
COLUMBIA BANKING SYSTEM INC
NASDAQ
Banks - Regional
$4.28B$20.450.25%$824.36M8.74x9.54
ESSA
ESSA BANCORP INC
NASDAQ
Banks - Regional
$175.48M$17.321.17%$24.48M9.36x8.80
WSFS
WSFS FINANCIAL CORP
NASDAQ
Banks - Regional
$2.79B$46.42-0.51%$416.41M10.36x7.32
FCBC
FIRST COMMUNITY BANKSHARES INC
NASDAQ
Banks - Regional
$648.80M$35.350.11%$69.18M13.34x5.38
STBA
S&T BANCORP INC
NASDAQ
Banks - Regional
$1.23B$32.201.26%$176.12M9.04x6.37
TRST
TRUSTCO BANK CORP N Y
NASDAQ
Banks - Regional
$548.09M$28.811.02%$80.76M10.36x8.52
HTBI
HOMETRUST BANCSHARES INC
NASDAQ
Banks - Regional
$498.92M$28.601.42%$84.03M8.27x8.13
SMBK
SMARTFINANCIAL INC
NYSE
Banks - Regional
$389.20M$22.810.84%$46.68M14.44x9.61
CAC
CAMDEN NATIONAL CORP
NASDAQ
Banks - Regional
$487.86M$33.400.91%$59.71M11.06x10.55
BANF
BANCFIRST CORP
NASDAQ
Banks - Regional
$3.00B$90.890.22%$281.92M14.59x7.58
CIVB
CIVISTA BANCSHARES INC
NASDAQ
Banks - Regional
$231.66M$14.730.55%$54.73M6.35x9.50
CBSH
COMMERCE BANCSHARES INC
NASDAQ
Banks - Regional
$7.37B$56.880.14%$654.88M15.98x9.31

Bank Stocks FAQ

What are the best bank stocks to buy right now in May 2024?

According to Zen Score, the 3 best bank stocks to buy right now are:

1. Southern Missouri Bancorp (NASDAQ:SMBC)


Southern Missouri Bancorp (NASDAQ:SMBC) is the top bank stock with a Zen Score of 63, which is 32 points higher than the bank industry average of 31. It passed 23 out of 38 due diligence checks and has strong fundamentals. Southern Missouri Bancorp has seen its stock return 32.27% over the past year, overperforming other bank stocks by 5 percentage points.

Southern Missouri Bancorp has an average 1 year price target of $51.00, an upside of 20.11% from Southern Missouri Bancorp's current stock price of $42.46.

Southern Missouri Bancorp stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Southern Missouri Bancorp, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Hdfc Bank (NYSE:HDB)


Hdfc Bank (NYSE:HDB) is the second best bank stock with a Zen Score of 57, which is 26 points higher than the bank industry average of 31. It passed 22 out of 38 due diligence checks and has strong fundamentals. Hdfc Bank has seen its stock lose -18.27% over the past year, underperforming other bank stocks by -46 percentage points.

3. Seacoast Banking Of Florida (NASDAQ:SBCF)


Seacoast Banking Of Florida (NASDAQ:SBCF) is the third best bank stock with a Zen Score of 57, which is 26 points higher than the bank industry average of 31. It passed 20 out of 38 due diligence checks and has strong fundamentals. Seacoast Banking Of Florida has seen its stock return 23.45% over the past year, underperforming other bank stocks by -4 percentage points.

Seacoast Banking Of Florida has an average 1 year price target of $26.63, an upside of 10.43% from Seacoast Banking Of Florida's current stock price of $24.11.

Seacoast Banking Of Florida stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Seacoast Banking Of Florida, 0% have issued a Strong Buy rating, 25% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the bank stocks with highest dividends?

Out of 269 bank stocks that have issued dividends in the past year, the 3 bank stocks with the highest dividend yields are:

1. Blue Ridge Bankshares (NYSEMKT:BRBS)


Blue Ridge Bankshares (NYSEMKT:BRBS) has an annual dividend yield of N/A, which is N/A percentage points lower than the bank industry average of 3.62%.

Blue Ridge Bankshares's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

2. New York Community Bancorp (NYSE:NYCB)


New York Community Bancorp (NYSE:NYCB) has an annual dividend yield of 10.63%, which is 7 percentage points higher than the bank industry average of 3.62%. New York Community Bancorp's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. New York Community Bancorp's dividend has not shown consistent growth over the last 10 years.

New York Community Bancorp's dividend payout ratio of -11.4% indicates that its high dividend yield might not be sustainable for the long-term.

3. Bancolombia Sa (NYSE:CIB)


Bancolombia Sa (NYSE:CIB) has an annual dividend yield of 9.93%, which is 6 percentage points higher than the bank industry average of 3.62%. Bancolombia Sa's dividend payout is not stable, having dropped more than 10% six times in the last 10 years. Bancolombia Sa's dividend has shown consistent growth over the last 10 years.

Bancolombia Sa's dividend payout ratio of 39.4% indicates that its high dividend yield is sustainable for the long-term.

Why are bank stocks up?

Bank stocks were up 0.57% in the last day, and up 1.18% over the last week. Nu Holdings was the among the top gainers in the banks - regional industry, gaining 4.68% yesterday.

Nu Holdings shares are trading higher after the company reported better-than-expected Q1 sales results. Also, Susquehanna maintained a Positive rating on the stock and raised its price target from $12 to $14.

What are the most undervalued bank stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued bank stocks right now are:

1. Southern Missouri Bancorp (NASDAQ:SMBC)


Southern Missouri Bancorp (NASDAQ:SMBC) is the most undervalued bank stock based on WallStreetZen's Valuation Score. Southern Missouri Bancorp has a valuation score of 100, which is 54 points higher than the bank industry average of 46. It passed 7 out of 7 valuation due diligence checks.

Southern Missouri Bancorp's stock has gained 32.27% in the past year. It has overperformed other stocks in the bank industry by 5 percentage points.

2. First Us Bancshares (NASDAQ:FUSB)


First Us Bancshares (NASDAQ:FUSB) is the second most undervalued bank stock based on WallStreetZen's Valuation Score. First Us Bancshares has a valuation score of 100, which is 54 points higher than the bank industry average of 46. It passed 7 out of 7 valuation due diligence checks.

First Us Bancshares's stock has gained 52.35% in the past year. It has overperformed other stocks in the bank industry by 25 percentage points.

3. Cb Financial Services (NASDAQ:CBFV)


Cb Financial Services (NASDAQ:CBFV) is the third most undervalued bank stock based on WallStreetZen's Valuation Score. Cb Financial Services has a valuation score of 100, which is 54 points higher than the bank industry average of 46. It passed 7 out of 7 valuation due diligence checks.

Cb Financial Services's stock has gained 15.73% in the past year. It has underperformed other stocks in the bank industry by -12 percentage points.

Are bank stocks a good buy now?

39.81% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 10.19% over the next year.

What is the average p/e ratio of the banks - regional industry?

The average P/E ratio of the banks - regional industry is -8.45x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.