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Best Bank Stocks to Buy Now (2023)
Top bank stocks in 2023 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
SI
SILVERGATE CAPITAL CORP
NYSE
Banks - Regional
$607.21M$19.181.86%$167.26M4.96x10.62
MSBI
MIDLAND STATES BANCORP INC
NASDAQ
Banks - Regional
$579.65M$26.17-0.95%$128.82M6.63x9.58
FUNC
FIRST UNITED CORP
NASDAQ
Banks - Regional
$128.00M$19.230.58%$38.28M4.98x12.66
BPOP
POPULAR INC
NASDAQ
Banks - Regional
$5.09B$70.02-1.10%$1.37B5.08x18.25
PEBO
PEOPLES BANCORP INC
NASDAQ
Banks - Regional
$856.06M$30.280.03%$152.52M7.89x8.21
CIB
BANCOLOMBIA SA
NYSE
Banks - Regional
$6.99B$29.09-0.65%$1.79B6.35x7.94
MCB
METROPOLITAN BANK HOLDING CORP
NYSE
Banks - Regional
$642.67M$58.79-0.63%$130.29M7.45x10.03
PBHC
PATHFINDER BANCORP INC
NASDAQ
Banks - Regional
$114.02M$19.001.17%$18.22M8.68x12.01
PKBK
PARKE BANCORP INC
NASDAQ
Banks - Regional
$249.30M$20.910.72%$56.44M6.01x6.47
BWFG
BANKWELL FINANCIAL GROUP INC
NASDAQ
Banks - Regional
$233.74M$30.32-1.13%$50.68M6.32x10.76
CCNE
CNB FINANCIAL CORP
NASDAQ
Banks - Regional
$518.08M$24.53-1.01%$82.47M7.24x9.30
ISTR
INVESTAR HOLDING CORP
NASDAQ
Banks - Regional
$203.95M$20.62-0.05%$46.75M6.23x11.94
CZWI
CITIZENS COMMUNITY BANCORP INC
NASDAQ
Banks - Regional
$133.14M$12.701.28%$29.49M7.02x9.90
MCBS
METROCITY BANKSHARES INC
NASDAQ
Banks - Regional
$514.53M$20.33-1.12%$99.04M7.45x8.59
EFSC
ENTERPRISE FINANCIAL SERVICES CORP
NASDAQ
Banks - Regional
$2.05B$55.20-1.02%$259.05M10.78x7.99
SIVB
SVB FINANCIAL GROUP
NASDAQ
Banks - Regional
$18.68B$316.13-2.19%$2.58B11.65x12.71
MTB
M&T BANK CORP
NYSE
Banks - Regional
$27.23B$157.78-0.78%$2.52B14.84x6.84
DCOM
DIME COMMUNITY BANCSHARES INC
NASDAQ
Banks - Regional
$1.20B$31.18-1.64%$217.17M8.73x10.30
ESSA
ESSA BANCORP INC
NASDAQ
Banks - Regional
$213.87M$20.56-1.01%$27.19M9.98x7.77
CNOB
CONNECTONE BANCORP INC
NASDAQ
Banks - Regional
$958.71M$24.43-1.61%$177.24M8.06x7.25
FMNB
FARMERS NATIONAL BANC CORP
NASDAQ
Banks - Regional
$488.42M$14.34-2.32%$67.51M9.25x14.51
CFB
CROSSFIRST BANKSHARES INC
NASDAQ
Banks - Regional
$693.29M$14.261.06%$93.79M10.26x9.08
HWC
HANCOCK WHITNEY CORP
NASDAQ
Banks - Regional
$4.59B$53.52-0.59%$689.38M9.06x9.87
LSBK
LAKE SHORE BANCORP INC
NASDAQ
Banks - Regional
$72.50M$12.700.00%$8.52M11.76x7.90
PFIS
PEOPLES FINANCIAL SERVICES CORP
NASDAQ
Banks - Regional
$377.70M$52.75-0.92%$58.95M8.35x10.65
FUSB
FIRST US BANCSHARES INC
NASDAQ
Banks - Regional
$56.73M$9.760.41%$10.17M9.48x10.90
FGBI
FIRST GUARANTY BANCSHARES INC
NASDAQ
Banks - Regional
$234.16M$21.85-0.95%$44.52M7.94x12.38
PFC
PREMIER FINANCIAL CORP
NASDAQ
Banks - Regional
$892.36M$25.09-1.57%$137.90M8.83x8.52
FNLC
FIRST BANCORP INC
NASDAQ
Banks - Regional
$333.47M$30.20-1.37%$49.81M8.41x11.44
MVBF
MVB FINANCIAL CORP
NASDAQ
Banks - Regional
$305.41M$24.22-0.78%$28.27M15.83x11.87
OPBK
OP BANCORP
NASDAQ
Banks - Regional
$179.21M$11.790.77%$49.85M5.26x10.93
EBC
EASTERN BANKSHARES INC
NASDAQ
Banks - Regional
$2.85B$16.140.12%$266.89M14.03x8.12
WBS
WEBSTER FINANCIAL CORP
NYSE
Banks - Regional
$9.59B$55.130.07%$799.20M16.36x7.82
CSTR
CAPSTAR FINANCIAL HOLDINGS INC
NASDAQ
Banks - Regional
$390.96M$17.840.73%$55.02M9.59x8.11
INDB
INDEPENDENT BANK CORP
NASDAQ
Banks - Regional
$3.72B$81.60-1.38%$284.11M21.09x5.99
HTBK
HERITAGE COMMERCE CORP
NASDAQ
Banks - Regional
$755.95M$12.45-1.19%$88.05M12.70x7.91
CFBK
CF BANKSHARES INC
NASDAQ
Banks - Regional
$134.26M$20.70-0.77%$21.62M7.39x12.08
BCBP
BCB BANCORP INC
NASDAQ
Banks - Regional
$298.30M$17.66-1.56%$63.65M6.93x10.55
CBFV
CB FINANCIAL SERVICES INC
NASDAQ
Banks - Regional
$111.82M$21.960.92%$20.35M8.19x12.36
SMMF
SUMMIT FINANCIAL GROUP INC
NASDAQ
Banks - Regional
$339.83M$26.59-1.08%$68.94M6.84x10.38
LBC
LUTHER BURBANK CORP
NASDAQ
Banks - Regional
$603.19M$11.81-2.07%$129.65M6.75x10.71
HOPE
HOPE BANCORP INC
NASDAQ
Banks - Regional
$1.61B$13.50-2.03%$318.56M7.42x8.66
TBBK
BANCORP INC
NASDAQ
Banks - Regional
$2.00B$35.70-0.06%$160.57M17.33x10.72
FISI
FINANCIAL INSTITUTIONS INC
NASDAQ
Banks - Regional
$382.92M$24.97-2.46%$93.98M6.20x13.27
HAFC
HANMI FINANCIAL CORP
NASDAQ
Banks - Regional
$722.83M$23.71-1.70%$162.08M6.81x10.71
HBAN
HUNTINGTON BANCSHARES INC
NASDAQ
Banks - Regional
$22.16B$15.36-0.58%$2.90B11.82x9.47
VLY
VALLEY NATIONAL BANCORP
NASDAQ
Banks - Regional
$6.28B$12.41-0.88%$759.52M11.60x7.91
NWFL
NORWOOD FINANCIAL CORP
NASDAQ
Banks - Regional
$279.09M$34.300.03%$37.41M9.72x11.71
SMBC
SOUTHERN MISSOURI BANCORP INC
NASDAQ
Banks - Regional
$449.46M$48.70-2.64%$61.79M10.08x9.55
BWB
BRIDGEWATER BANCSHARES INC
NASDAQ
Banks - Regional
$426.56M$15.46-1.53%$73.14M8.94x9.81
NKSH
NATIONAL BANKSHARES INC
NASDAQ
Banks - Regional
$240.41M$40.42-0.02%$27.21M11.17x14.14
CATY
CATHAY GENERAL BANCORP
NASDAQ
Banks - Regional
$3.33B$44.81-1.10%$458.31M9.91x8.05
WAFD
WASHINGTON FEDERAL INC
NASDAQ
Banks - Regional
$2.33B$35.56-2.28%$396.42M9.26x8.32
OPHC
OPTIMUMBANK HOLDINGS INC
NASDAQ
Banks - Regional
$27.75M$4.10-0.49%$5.14M2.59x9.64
BAP
CREDICORP LTD
NYSE
Banks - Regional
$12.79B$135.46-0.20%$1.56B11.42x8.22
FDBC
FIDELITY D & D BANCORP INC
NASDAQ
Banks - Regional
$276.53M$49.11-0.12%$40.48M9.03x15.63
FFWM
FIRST FOUNDATION INC
NASDAQ
Banks - Regional
$902.20M$16.00-1.17%$166.92M7.41x9.99
SPFI
SOUTH PLAINS FINANCIAL INC
NASDAQ
Banks - Regional
$476.85M$28.05-1.16%$82.23M8.18x10.68
MOFG
MIDWESTONE FINANCIAL GROUP INC
NASDAQ
Banks - Regional
$497.14M$31.82-0.72%$85.09M8.42x12.75
UBFO
UNITED SECURITY BANCSHARES
NASDAQ
Banks - Regional
$141.85M$8.321.34%$19.19M10.53x11.79
FITB
FIFTH THIRD BANCORP
NASDAQ
Banks - Regional
$25.56B$37.24-1.06%$3.31B11.39x11.28
PLBC
PLUMAS BANCORP
NASDAQ
Banks - Regional
$255.89M$43.745.55%$34.39M10.57x14.53
UNTY
UNITY BANCORP INC
NASDAQ
Banks - Regional
$285.88M$27.11-1.27%$53.51M7.43x9.16
ASRV
AMERISERV FINANCIAL INC
NASDAQ
Banks - Regional
$68.46M$4.00-1.48%$12.44M8.33x12.29
BBD
BANK BRADESCO
NYSE
Banks - Regional
$25.77B$2.66-0.37%$8.35B5.36x10.18
TCFC
COMMUNITY FINANCIAL CORP
NASDAQ
Banks - Regional
$231.25M$40.96-0.12%$38.88M8.46x12.17
HBNC
HORIZON BANCORP INC
NASDAQ
Banks - Regional
$709.11M$16.14-1.10%$120.40M7.51x10.97
WTBA
WEST BANCORPORATION INC
NASDAQ
Banks - Regional
$373.74M$22.461.40%$64.66M7.54x16.70
ALRS
ALERUS FINANCIAL CORP
NASDAQ
Banks - Regional
$405.34M$20.28-2.41%$62.56M8.74x9.70
WABC
WESTAMERICA BANCORPORATION
NASDAQ
Banks - Regional
$1.52B$56.630.21%$159.57M14.60x12.32
BFIN
BANKFINANCIAL CORP
NASDAQ
Banks - Regional
$134.65M$10.42-0.10%$13.74M14.47x9.79
CBNK
CAPITAL BANCORP INC
NASDAQ
Banks - Regional
$308.71M$21.96-0.14%$57.57M7.13x8.39
VABK
VIRGINIA NATIONAL BANKSHARES CORP
NASDAQ
Banks - Regional
$207.50M$38.95-0.49%$31.35M9.36x12.76
RBB
RBB BANCORP
NASDAQ
Banks - Regional
$388.61M$20.49-1.82%$100.39M6.30x7.28
ABCB
AMERIS BANCORP
NASDAQ
Banks - Regional
$3.39B$48.93-2.49%$504.77M9.79x6.64
FBIZ
FIRST BUSINESS FINANCIAL SERVICES INC
NASDAQ
Banks - Regional
$306.81M$36.390.08%$55.10M7.95x10.27
FBP
FIRST BANCORP
NYSE
Banks - Regional
$2.60B$14.10-2.02%$486.92M9.10x13.58
BOTJ
BANK OF THE JAMES FINANCIAL GROUP INC
NASDAQ
Banks - Regional
$58.55M$12.650.32%$13.08M6.76x18.91
ESQ
ESQUIRE FINANCIAL HOLDINGS INC
NASDAQ
Banks - Regional
$358.24M$43.96-4.33%$34.67M12.78x8.07
RF
REGIONS FINANCIAL CORP
NYSE
Banks - Regional
$22.14B$23.69-1.29%$2.81B11.67x9.40
SBCF
SEACOAST BANKING CORP OF FLORIDA
NASDAQ
Banks - Regional
$2.03B$32.97-1.17%$156.84M16.65x7.03
BCH
BANK OF CHILE
NYSE
Banks - Regional
$10.98B$21.74-0.46%$1.64B8.91x9.67
UMBF
UMB FINANCIAL CORP
NASDAQ
Banks - Regional
$4.42B$91.490.36%$560.30M10.79x13.89
CMA
COMERICA INC
NYSE
Banks - Regional
$9.86B$75.30-0.12%$1.41B9.83x15.60
HDB
HDFC BANK LTD
NYSE
Banks - Regional
$123.56B$66.91-0.84%$6.70B25.52x7.43
FBMS
FIRST BANCSHARES INC
NASDAQ
Banks - Regional
$766.25M$31.89-0.84%$86.94M10.85x9.39
FMAO
FARMERS & MERCHANTS BANCORP INC
NASDAQ
Banks - Regional
$394.05M$28.96-0.31%$43.55M11.45x8.92
FXNC
FIRST NATIONAL CORP
NASDAQ
Banks - Regional
$109.53M$17.492.34%$19.03M7.77x12.97
ITCB
CORPBANCA
NYSE
Banks - Regional
$3.09B$3.17-3.65%$572.42M3,170.00x10.55
FFIC
FLUSHING FINANCIAL CORP
NASDAQ
Banks - Regional
$601.77M$20.19-0.39%$121.34M7.42x11.76
FNCB
FNCB BANCORP INC
NASDAQ
Banks - Regional
$160.01M$8.13-0.73%$29.49M8.21x14.28
RBCAA
REPUBLIC BANCORP INC
NASDAQ
Banks - Regional
$910.72M$46.12-1.07%$127.04M10.39x6.13
IBCP
INDEPENDENT BANK CORP
NASDAQ
Banks - Regional
$482.60M$22.91-0.56%$85.87M7.95x13.84
HMST
HOMESTREET INC
NASDAQ
Banks - Regional
$540.52M$28.87-2.96%$131.14M6.40x15.41
CFR
CULLEN/FROST BANKERS INC
NYSE
Banks - Regional
$8.45B$131.321.63%$740.17M14.86x15.86
INBK
FIRST INTERNET BANCORP
NASDAQ
Banks - Regional
$253.55M$27.44-1.05%$56.60M6.41x10.82
FVCB
FVCBANKCORP INC
NASDAQ
Banks - Regional
$248.70M$14.221.57%$34.37M9.26x10.33
MYFW
FIRST WESTERN FINANCIAL INC
NASDAQ
Banks - Regional
$256.28M$27.00-1.03%$26.00M13.85x10.62
FHB
FIRST HAWAIIAN INC
NASDAQ
Banks - Regional
$3.51B$27.50-1.22%$372.45M14.47x10.30
RBKB
RHINEBECK BANCORP INC
NASDAQ
Banks - Regional
$105.62M$9.360.00%$13.54M11.14x11.10

Bank Stocks FAQ

What are the best bank stocks to buy right now in Feb 2023?

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

1. Silvergate Capital (NYSE:SI)


Silvergate Capital (NYSE:SI) is the top bank stock with a Zen Score of 62, which is 26 points higher than the bank industry average of 36. It passed 21 out of 33 due diligence checks and has strong fundamentals. Silvergate Capital has seen its stock lose -83.61% over the past year, underperforming other bank stocks by -74 percentage points.

Silvergate Capital has an average 1 year price target of $22.55, an upside of 17.54% from Silvergate Capital's current stock price of $19.18.

Silvergate Capital stock has a consensus Hold recommendation according to Wall Street analysts. Of the 11 analysts covering Silvergate Capital, 18.18% have issued a Strong Buy rating, 0% have issued a Buy, 63.64% have issued a hold, while 9.09% have issued a Sell rating, and 9.09% have issued a Strong Sell.

2. Midland States Bancorp (NASDAQ:MSBI)


Midland States Bancorp (NASDAQ:MSBI) is the second best bank stock with a Zen Score of 57, which is 21 points higher than the bank industry average of 36. It passed 19 out of 38 due diligence checks and has strong fundamentals. Midland States Bancorp has seen its stock lose -12.53% over the past year, underperforming other bank stocks by -3 percentage points.

Midland States Bancorp has an average 1 year price target of $31.00, an upside of 18.46% from Midland States Bancorp's current stock price of $26.17.

Midland States Bancorp stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Midland States 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.

3. First United (NASDAQ:FUNC)


First United (NASDAQ:FUNC) is the third best bank stock with a Zen Score of 57, which is 21 points higher than the bank industry average of 36. It passed 20 out of 38 due diligence checks and has strong fundamentals. First United has seen its stock lose -6.24% over the past year, overperforming other bank stocks by 3 percentage points.

First United has an average 1 year price target of $25.00, an upside of 30.01% from First United's current stock price of $19.23.

First United stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering First United, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% 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 289 bank stocks that have issued dividends in the past year, the 3 bank stocks with the highest dividend yields are:

1. Cullman Bancorp (NASDAQ:CULL)


Cullman Bancorp (NASDAQ:CULL) has an annual dividend yield of N/A, which is N/A percentage points lower than the bank industry average of 3.01%.

Cullman Bancorp's dividend payout ratio of 22.2% indicates that its dividend yield is sustainable for the long-term.

2. Bancolombia Sa (NYSE:CIB)


Bancolombia Sa (NYSE:CIB) has an annual dividend yield of 10.48%, which is 7 percentage points higher than the bank industry average of 3.01%. 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 22.6% indicates that its high dividend yield is sustainable for the long-term.

3. Capitol Federal Financial (NASDAQ:CFFN)


Capitol Federal Financial (NASDAQ:CFFN) has an annual dividend yield of 9.46%, which is 6 percentage points higher than the bank industry average of 3.01%. Capitol Federal Financial's dividend payout is not stable, having dropped more than 10% eighteen times in the last 10 years. Capitol Federal Financial's dividend has shown consistent growth over the last 10 years.

Capitol Federal Financial's dividend payout ratio of 132.3% indicates that its high dividend yield might not be sustainable for the long-term.

Why are bank stocks down?

Bank stocks were down -0.71% in the last day, and up 4.12% over the last week.

We couldn't find a catalyst for why bank stocks are down.

What are the most undervalued bank stocks?

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

1. Affinity Bancshares (NASDAQ:AFBI)


Affinity Bancshares (NASDAQ:AFBI) is the most undervalued bank stock based on WallStreetZen's Valuation Score. Affinity Bancshares has a valuation score of 100, which is 41 points higher than the bank industry average of 59. It passed 7 out of 7 valuation due diligence checks.

Affinity Bancshares's stock has dropped -0.1% in the past year. It has overperformed other stocks in the bank industry by 10 percentage points.

2. Alerus Financial (NASDAQ:ALRS)


Alerus Financial (NASDAQ:ALRS) is the second most undervalued bank stock based on WallStreetZen's Valuation Score. Alerus Financial has a valuation score of 100, which is 41 points higher than the bank industry average of 59. It passed 7 out of 7 valuation due diligence checks.

Alerus Financial's stock has dropped -30.24% in the past year. It has underperformed other stocks in the bank industry by -21 percentage points.

3. Bridgewater Bancshares (NASDAQ:BWB)


Bridgewater Bancshares (NASDAQ:BWB) is the third most undervalued bank stock based on WallStreetZen's Valuation Score. Bridgewater Bancshares has a valuation score of 100, which is 41 points higher than the bank industry average of 59. It passed 7 out of 7 valuation due diligence checks.

Bridgewater Bancshares's stock has dropped -12.46% in the past year. It has underperformed other stocks in the bank industry by -3 percentage points.

Are bank stocks a good buy now?

36.62% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 12.56% 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 19.08x.
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.