Sectors & Industries Financial ServicesBanks - Regional
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

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
SI	SILVERGATE CAPITAL CORP	NYSE	Banks - Regional	$607.21M	$19.18	1.86%	$167.26M	4.96x	10.62
MSBI	MIDLAND STATES BANCORP INC	NASDAQ	Banks - Regional	$579.65M	$26.17	-0.95%	$128.82M	6.63x	9.58
FUNC	FIRST UNITED CORP	NASDAQ	Banks - Regional	$128.00M	$19.23	0.58%	$38.28M	4.98x	12.66
BPOP	POPULAR INC	NASDAQ	Banks - Regional	$5.09B	$70.02	-1.10%	$1.37B	5.08x	18.25
PEBO	PEOPLES BANCORP INC	NASDAQ	Banks - Regional	$856.06M	$30.28	0.03%	$152.52M	7.89x	8.21
CIB	BANCOLOMBIA SA	NYSE	Banks - Regional	$6.99B	$29.09	-0.65%	$1.79B	6.35x	7.94
MCB	METROPOLITAN BANK HOLDING CORP	NYSE	Banks - Regional	$642.67M	$58.79	-0.63%	$130.29M	7.45x	10.03
PBHC	PATHFINDER BANCORP INC	NASDAQ	Banks - Regional	$114.02M	$19.00	1.17%	$18.22M	8.68x	12.01
PKBK	PARKE BANCORP INC	NASDAQ	Banks - Regional	$249.30M	$20.91	0.72%	$56.44M	6.01x	6.47
BWFG	BANKWELL FINANCIAL GROUP INC	NASDAQ	Banks - Regional	$233.74M	$30.32	-1.13%	$50.68M	6.32x	10.76
CCNE	CNB FINANCIAL CORP	NASDAQ	Banks - Regional	$518.08M	$24.53	-1.01%	$82.47M	7.24x	9.30
ISTR	INVESTAR HOLDING CORP	NASDAQ	Banks - Regional	$203.95M	$20.62	-0.05%	$46.75M	6.23x	11.94
CZWI	CITIZENS COMMUNITY BANCORP INC	NASDAQ	Banks - Regional	$133.14M	$12.70	1.28%	$29.49M	7.02x	9.90
MCBS	METROCITY BANKSHARES INC	NASDAQ	Banks - Regional	$514.53M	$20.33	-1.12%	$99.04M	7.45x	8.59
EFSC	ENTERPRISE FINANCIAL SERVICES CORP	NASDAQ	Banks - Regional	$2.05B	$55.20	-1.02%	$259.05M	10.78x	7.99
SIVB	SVB FINANCIAL GROUP	NASDAQ	Banks - Regional	$18.68B	$316.13	-2.19%	$2.58B	11.65x	12.71
MTB	M&T BANK CORP	NYSE	Banks - Regional	$27.23B	$157.78	-0.78%	$2.52B	14.84x	6.84
DCOM	DIME COMMUNITY BANCSHARES INC	NASDAQ	Banks - Regional	$1.20B	$31.18	-1.64%	$217.17M	8.73x	10.30
ESSA	ESSA BANCORP INC	NASDAQ	Banks - Regional	$213.87M	$20.56	-1.01%	$27.19M	9.98x	7.77
CNOB	CONNECTONE BANCORP INC	NASDAQ	Banks - Regional	$958.71M	$24.43	-1.61%	$177.24M	8.06x	7.25
FMNB	FARMERS NATIONAL BANC CORP	NASDAQ	Banks - Regional	$488.42M	$14.34	-2.32%	$67.51M	9.25x	14.51
CFB	CROSSFIRST BANKSHARES INC	NASDAQ	Banks - Regional	$693.29M	$14.26	1.06%	$93.79M	10.26x	9.08
HWC	HANCOCK WHITNEY CORP	NASDAQ	Banks - Regional	$4.59B	$53.52	-0.59%	$689.38M	9.06x	9.87
LSBK	LAKE SHORE BANCORP INC	NASDAQ	Banks - Regional	$72.50M	$12.70	0.00%	$8.52M	11.76x	7.90
PFIS	PEOPLES FINANCIAL SERVICES CORP	NASDAQ	Banks - Regional	$377.70M	$52.75	-0.92%	$58.95M	8.35x	10.65
FUSB	FIRST US BANCSHARES INC	NASDAQ	Banks - Regional	$56.73M	$9.76	0.41%	$10.17M	9.48x	10.90
FGBI	FIRST GUARANTY BANCSHARES INC	NASDAQ	Banks - Regional	$234.16M	$21.85	-0.95%	$44.52M	7.94x	12.38
PFC	PREMIER FINANCIAL CORP	NASDAQ	Banks - Regional	$892.36M	$25.09	-1.57%	$137.90M	8.83x	8.52
FNLC	FIRST BANCORP INC	NASDAQ	Banks - Regional	$333.47M	$30.20	-1.37%	$49.81M	8.41x	11.44
MVBF	MVB FINANCIAL CORP	NASDAQ	Banks - Regional	$305.41M	$24.22	-0.78%	$28.27M	15.83x	11.87
OPBK	OP BANCORP	NASDAQ	Banks - Regional	$179.21M	$11.79	0.77%	$49.85M	5.26x	10.93
EBC	EASTERN BANKSHARES INC	NASDAQ	Banks - Regional	$2.85B	$16.14	0.12%	$266.89M	14.03x	8.12
WBS	WEBSTER FINANCIAL CORP	NYSE	Banks - Regional	$9.59B	$55.13	0.07%	$799.20M	16.36x	7.82
CSTR	CAPSTAR FINANCIAL HOLDINGS INC	NASDAQ	Banks - Regional	$390.96M	$17.84	0.73%	$55.02M	9.59x	8.11
INDB	INDEPENDENT BANK CORP	NASDAQ	Banks - Regional	$3.72B	$81.60	-1.38%	$284.11M	21.09x	5.99
HTBK	HERITAGE COMMERCE CORP	NASDAQ	Banks - Regional	$755.95M	$12.45	-1.19%	$88.05M	12.70x	7.91
CFBK	CF BANKSHARES INC	NASDAQ	Banks - Regional	$134.26M	$20.70	-0.77%	$21.62M	7.39x	12.08
BCBP	BCB BANCORP INC	NASDAQ	Banks - Regional	$298.30M	$17.66	-1.56%	$63.65M	6.93x	10.55
CBFV	CB FINANCIAL SERVICES INC	NASDAQ	Banks - Regional	$111.82M	$21.96	0.92%	$20.35M	8.19x	12.36
SMMF	SUMMIT FINANCIAL GROUP INC	NASDAQ	Banks - Regional	$339.83M	$26.59	-1.08%	$68.94M	6.84x	10.38
LBC	LUTHER BURBANK CORP	NASDAQ	Banks - Regional	$603.19M	$11.81	-2.07%	$129.65M	6.75x	10.71
HOPE	HOPE BANCORP INC	NASDAQ	Banks - Regional	$1.61B	$13.50	-2.03%	$318.56M	7.42x	8.66
TBBK	BANCORP INC	NASDAQ	Banks - Regional	$2.00B	$35.70	-0.06%	$160.57M	17.33x	10.72
FISI	FINANCIAL INSTITUTIONS INC	NASDAQ	Banks - Regional	$382.92M	$24.97	-2.46%	$93.98M	6.20x	13.27
HAFC	HANMI FINANCIAL CORP	NASDAQ	Banks - Regional	$722.83M	$23.71	-1.70%	$162.08M	6.81x	10.71
HBAN	HUNTINGTON BANCSHARES INC	NASDAQ	Banks - Regional	$22.16B	$15.36	-0.58%	$2.90B	11.82x	9.47
VLY	VALLEY NATIONAL BANCORP	NASDAQ	Banks - Regional	$6.28B	$12.41	-0.88%	$759.52M	11.60x	7.91
NWFL	NORWOOD FINANCIAL CORP	NASDAQ	Banks - Regional	$279.09M	$34.30	0.03%	$37.41M	9.72x	11.71
SMBC	SOUTHERN MISSOURI BANCORP INC	NASDAQ	Banks - Regional	$449.46M	$48.70	-2.64%	$61.79M	10.08x	9.55
BWB	BRIDGEWATER BANCSHARES INC	NASDAQ	Banks - Regional	$426.56M	$15.46	-1.53%	$73.14M	8.94x	9.81
NKSH	NATIONAL BANKSHARES INC	NASDAQ	Banks - Regional	$240.41M	$40.42	-0.02%	$27.21M	11.17x	14.14
CATY	CATHAY GENERAL BANCORP	NASDAQ	Banks - Regional	$3.33B	$44.81	-1.10%	$458.31M	9.91x	8.05
WAFD	WASHINGTON FEDERAL INC	NASDAQ	Banks - Regional	$2.33B	$35.56	-2.28%	$396.42M	9.26x	8.32
OPHC	OPTIMUMBANK HOLDINGS INC	NASDAQ	Banks - Regional	$27.75M	$4.10	-0.49%	$5.14M	2.59x	9.64
BAP	CREDICORP LTD	NYSE	Banks - Regional	$12.79B	$135.46	-0.20%	$1.56B	11.42x	8.22
FDBC	FIDELITY D & D BANCORP INC	NASDAQ	Banks - Regional	$276.53M	$49.11	-0.12%	$40.48M	9.03x	15.63
FFWM	FIRST FOUNDATION INC	NASDAQ	Banks - Regional	$902.20M	$16.00	-1.17%	$166.92M	7.41x	9.99
SPFI	SOUTH PLAINS FINANCIAL INC	NASDAQ	Banks - Regional	$476.85M	$28.05	-1.16%	$82.23M	8.18x	10.68
MOFG	MIDWESTONE FINANCIAL GROUP INC	NASDAQ	Banks - Regional	$497.14M	$31.82	-0.72%	$85.09M	8.42x	12.75
UBFO	UNITED SECURITY BANCSHARES	NASDAQ	Banks - Regional	$141.85M	$8.32	1.34%	$19.19M	10.53x	11.79
FITB	FIFTH THIRD BANCORP	NASDAQ	Banks - Regional	$25.56B	$37.24	-1.06%	$3.31B	11.39x	11.28
PLBC	PLUMAS BANCORP	NASDAQ	Banks - Regional	$255.89M	$43.74	5.55%	$34.39M	10.57x	14.53
UNTY	UNITY BANCORP INC	NASDAQ	Banks - Regional	$285.88M	$27.11	-1.27%	$53.51M	7.43x	9.16
ASRV	AMERISERV FINANCIAL INC	NASDAQ	Banks - Regional	$68.46M	$4.00	-1.48%	$12.44M	8.33x	12.29
BBD	BANK BRADESCO	NYSE	Banks - Regional	$25.77B	$2.66	-0.37%	$8.35B	5.36x	10.18
TCFC	COMMUNITY FINANCIAL CORP	NASDAQ	Banks - Regional	$231.25M	$40.96	-0.12%	$38.88M	8.46x	12.17
HBNC	HORIZON BANCORP INC	NASDAQ	Banks - Regional	$709.11M	$16.14	-1.10%	$120.40M	7.51x	10.97
WTBA	WEST BANCORPORATION INC	NASDAQ	Banks - Regional	$373.74M	$22.46	1.40%	$64.66M	7.54x	16.70
ALRS	ALERUS FINANCIAL CORP	NASDAQ	Banks - Regional	$405.34M	$20.28	-2.41%	$62.56M	8.74x	9.70
WABC	WESTAMERICA BANCORPORATION	NASDAQ	Banks - Regional	$1.52B	$56.63	0.21%	$159.57M	14.60x	12.32
BFIN	BANKFINANCIAL CORP	NASDAQ	Banks - Regional	$134.65M	$10.42	-0.10%	$13.74M	14.47x	9.79
CBNK	CAPITAL BANCORP INC	NASDAQ	Banks - Regional	$308.71M	$21.96	-0.14%	$57.57M	7.13x	8.39
VABK	VIRGINIA NATIONAL BANKSHARES CORP	NASDAQ	Banks - Regional	$207.50M	$38.95	-0.49%	$31.35M	9.36x	12.76
RBB	RBB BANCORP	NASDAQ	Banks - Regional	$388.61M	$20.49	-1.82%	$100.39M	6.30x	7.28
ABCB	AMERIS BANCORP	NASDAQ	Banks - Regional	$3.39B	$48.93	-2.49%	$504.77M	9.79x	6.64
FBIZ	FIRST BUSINESS FINANCIAL SERVICES INC	NASDAQ	Banks - Regional	$306.81M	$36.39	0.08%	$55.10M	7.95x	10.27
FBP	FIRST BANCORP	NYSE	Banks - Regional	$2.60B	$14.10	-2.02%	$486.92M	9.10x	13.58
BOTJ	BANK OF THE JAMES FINANCIAL GROUP INC	NASDAQ	Banks - Regional	$58.55M	$12.65	0.32%	$13.08M	6.76x	18.91
ESQ	ESQUIRE FINANCIAL HOLDINGS INC	NASDAQ	Banks - Regional	$358.24M	$43.96	-4.33%	$34.67M	12.78x	8.07
RF	REGIONS FINANCIAL CORP	NYSE	Banks - Regional	$22.14B	$23.69	-1.29%	$2.81B	11.67x	9.40
SBCF	SEACOAST BANKING CORP OF FLORIDA	NASDAQ	Banks - Regional	$2.03B	$32.97	-1.17%	$156.84M	16.65x	7.03
BCH	BANK OF CHILE	NYSE	Banks - Regional	$10.98B	$21.74	-0.46%	$1.64B	8.91x	9.67
UMBF	UMB FINANCIAL CORP	NASDAQ	Banks - Regional	$4.42B	$91.49	0.36%	$560.30M	10.79x	13.89
CMA	COMERICA INC	NYSE	Banks - Regional	$9.86B	$75.30	-0.12%	$1.41B	9.83x	15.60
HDB	HDFC BANK LTD	NYSE	Banks - Regional	$123.56B	$66.91	-0.84%	$6.70B	25.52x	7.43
FBMS	FIRST BANCSHARES INC	NASDAQ	Banks - Regional	$766.25M	$31.89	-0.84%	$86.94M	10.85x	9.39
FMAO	FARMERS & MERCHANTS BANCORP INC	NASDAQ	Banks - Regional	$394.05M	$28.96	-0.31%	$43.55M	11.45x	8.92
FXNC	FIRST NATIONAL CORP	NASDAQ	Banks - Regional	$109.53M	$17.49	2.34%	$19.03M	7.77x	12.97
ITCB	CORPBANCA	NYSE	Banks - Regional	$3.09B	$3.17	-3.65%	$572.42M	3,170.00x	10.55
FFIC	FLUSHING FINANCIAL CORP	NASDAQ	Banks - Regional	$601.77M	$20.19	-0.39%	$121.34M	7.42x	11.76
FNCB	FNCB BANCORP INC	NASDAQ	Banks - Regional	$160.01M	$8.13	-0.73%	$29.49M	8.21x	14.28
RBCAA	REPUBLIC BANCORP INC	NASDAQ	Banks - Regional	$910.72M	$46.12	-1.07%	$127.04M	10.39x	6.13
IBCP	INDEPENDENT BANK CORP	NASDAQ	Banks - Regional	$482.60M	$22.91	-0.56%	$85.87M	7.95x	13.84
HMST	HOMESTREET INC	NASDAQ	Banks - Regional	$540.52M	$28.87	-2.96%	$131.14M	6.40x	15.41
CFR	CULLEN/FROST BANKERS INC	NYSE	Banks - Regional	$8.45B	$131.32	1.63%	$740.17M	14.86x	15.86
INBK	FIRST INTERNET BANCORP	NASDAQ	Banks - Regional	$253.55M	$27.44	-1.05%	$56.60M	6.41x	10.82
FVCB	FVCBANKCORP INC	NASDAQ	Banks - Regional	$248.70M	$14.22	1.57%	$34.37M	9.26x	10.33
MYFW	FIRST WESTERN FINANCIAL INC	NASDAQ	Banks - Regional	$256.28M	$27.00	-1.03%	$26.00M	13.85x	10.62
FHB	FIRST HAWAIIAN INC	NASDAQ	Banks - Regional	$3.51B	$27.50	-1.22%	$372.45M	14.47x	10.30
RBKB	RHINEBECK BANCORP INC	NASDAQ	Banks - Regional	$105.62M	$9.36	0.00%	$13.54M	11.14x	11.10

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.