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
ABCB	AMERIS BANCORP	NASDAQ	Banks - Regional	$2.94B	$42.58	-0.14%	$420.78M	10.31x	6.68
DCOM	DIME COMMUNITY BANCSHARES INC	NASDAQ	Banks - Regional	$780.30M	$20.10	-1.86%	$173.23M	6.91x	10.34
HTBK	HERITAGE COMMERCE CORP	NASDAQ	Banks - Regional	$518.73M	$8.49	-0.59%	$105.00M	7.19x	7.16
FBMS	FIRST BANCSHARES INC	NASDAQ	Banks - Regional	$797.46M	$25.65	-1.12%	$113.38M	9.36x	7.79
BCBP	BCB BANCORP INC	NASDAQ	Banks - Regional	$195.10M	$11.58	-1.11%	$48.06M	5.62x	11.56
FIBK	FIRST INTERSTATE BANCSYSTEM INC	NASDAQ	Banks - Regional	$2.72B	$25.89	-1.07%	$420.50M	9.52x	8.90
WBS	WEBSTER FINANCIAL CORP	NYSE	Banks - Regional	$7.72B	$44.85	0.70%	$1.29B	8.54x	7.92
FMNB	FARMERS NATIONAL BANC CORP	NASDAQ	Banks - Regional	$461.50M	$12.31	-1.68%	$64.29M	9.19x	14.73
OCFC	OCEANFIRST FINANCIAL CORP	NASDAQ	Banks - Regional	$823.60M	$13.86	-1.21%	$187.57M	6.51x	7.25
EBMT	EAGLE BANCORP MONTANA INC	NASDAQ	Banks - Regional	$99.13M	$12.41	2.31%	$22.09M	8.33x	12.12
EGBN	EAGLE BANCORP INC	NASDAQ	Banks - Regional	$710.45M	$23.74	-1.12%	$158.43M	6.01x	8.18
CNOB	CONNECTONE BANCORP INC	NASDAQ	Banks - Regional	$759.00M	$19.66	-0.20%	$142.19M	8.16x	7.15
USB	US BANCORP	NYSE	Banks - Regional	$59.35B	$38.12	0.87%	$7.89B	11.38x	11.57
CCNE	CNB FINANCIAL CORP	NASDAQ	Banks - Regional	$425.06M	$20.34	-1.98%	$81.68M	7.79x	9.44
MVBF	MVB FINANCIAL CORP	NASDAQ	Banks - Regional	$254.61M	$19.99	-0.70%	$41.41M	8.43x	11.67
HBNC	HORIZON BANCORP INC	NASDAQ	Banks - Regional	$480.40M	$10.89	-2.07%	$93.42M	6.41x	10.48
WSFS	WSFS FINANCIAL CORP	NASDAQ	Banks - Regional	$2.34B	$38.57	-0.08%	$432.63M	8.21x	7.94
PPBI	PACIFIC PREMIER BANCORP INC	NASDAQ	Banks - Regional	$2.16B	$22.52	-0.31%	$352.71M	8.97x	6.10
SFNC	SIMMONS FIRST NATIONAL CORP	NASDAQ	Banks - Regional	$2.00B	$15.99	-1.17%	$324.48M	8.60x	7.39
BRKL	BROOKLINE BANCORP INC	NASDAQ	Banks - Regional	$846.90M	$9.53	-0.52%	$109.11M	9.72x	8.66
VLY	VALLEY NATIONAL BANCORP	NASDAQ	Banks - Regional	$4.62B	$9.10	-0.33%	$886.80M	7.84x	8.23
CATC	CAMBRIDGE BANCORP	NASDAQ	Banks - Regional	$458.46M	$58.43	-1.63%	$51.59M	12.33x	9.36
UCBI	UNITED COMMUNITY BANKS INC	NASDAQ	Banks - Regional	$2.93B	$24.65	-0.16%	$366.11M	11.31x	7.44
BMRC	BANK OF MARIN BANCORP	NASDAQ	Banks - Regional	$310.36M	$19.23	-1.79%	$46.96M	9.57x	8.64
HOPE	HOPE BANCORP INC	NASDAQ	Banks - Regional	$1.18B	$9.80	-1.01%	$228.37M	7.37x	8.89
FFIC	FLUSHING FINANCIAL CORP	NASDAQ	Banks - Regional	$408.42M	$14.13	-1.46%	$50.98M	12.50x	11.82
IBOC	INTERNATIONAL BANCSHARES CORP	NASDAQ	Banks - Regional	$2.78B	$44.87	0.16%	$544.51M	6.79x	5.80
COLB	COLUMBIA BANKING SYSTEM INC	NASDAQ	Banks - Regional	$4.68B	$22.43	0.45%	$546.70M	10.78x	10.23
BFST	BUSINESS FIRST BANCSHARES INC	NASDAQ	Banks - Regional	$512.71M	$20.23	-0.15%	$97.91M	7.41x	9.74
BBD	BANK BRADESCO	NYSE	Banks - Regional	$35.44B	$3.33	0.00%	$5.95B	8.86x	10.37
SMBC	SOUTHERN MISSOURI BANCORP INC	NASDAQ	Banks - Regional	$488.49M	$43.09	-2.73%	$62.52M	10.56x	8.85
BFIN	BANKFINANCIAL CORP	NASDAQ	Banks - Regional	$112.05M	$8.93	-0.56%	$15.78M	10.63x	8.79
ESSA	ESSA BANCORP INC	NASDAQ	Banks - Regional	$173.60M	$16.69	-0.89%	$26.76M	8.22x	8.99
NBHC	NATIONAL BANK HOLDINGS CORP	NYSE	Banks - Regional	$1.25B	$33.01	0.46%	$179.62M	10.03x	7.48
AUB	ATLANTIC UNION BANKSHARES CORP	NYSE	Banks - Regional	$2.29B	$30.57	-0.94%	$268.74M	11.24x	7.68
FNWB	FIRST NORTHWEST BANCORP	NASDAQ	Banks - Regional	$141.97M	$14.76	0.48%	$18.48M	9.58x	12.80
FUNC	FIRST UNITED CORP	NASDAQ	Banks - Regional	$123.70M	$18.50	1.04%	$30.00M	6.09x	11.44
STEL	STELLAR BANCORP INC	NYSE	Banks - Regional	$1.27B	$23.86	-0.25%	$183.52M	11.99x	6.30
FRME	FIRST MERCHANTS CORP	NASDAQ	Banks - Regional	$1.84B	$30.67	-1.54%	$307.41M	7.23x	7.60
SMBK	SMARTFINANCIAL INC	NASDAQ	Banks - Regional	$363.17M	$21.37	-1.75%	$60.45M	10.08x	9.74
FUSB	FIRST US BANCSHARES INC	NASDAQ	Banks - Regional	$53.75M	$9.15	0.00%	$12.96M	6.49x	11.19
SBCF	SEACOAST BANKING CORP OF FLORIDA	NASDAQ	Banks - Regional	$1.98B	$23.24	-0.26%	$136.22M	19.21x	6.24
FISI	FINANCIAL INSTITUTIONS INC	NASDAQ	Banks - Regional	$267.39M	$17.36	-2.75%	$70.73M	5.23x	14.02
PFC	PREMIER FINANCIAL CORP	NASDAQ	Banks - Regional	$713.58M	$19.97	-1.24%	$156.05M	6.13x	8.31
CFG	CITIZENS FINANCIAL GROUP INC	NYSE	Banks - Regional	$12.71B	$27.27	0.11%	$3.00B	6.73x	8.85
CMA	COMERICA INC	NYSE	Banks - Regional	$5.96B	$45.22	0.31%	$1.62B	5.09x	16.24
FCNCA	FIRST CITIZENS BANCSHARES INC	NASDAQ	Banks - Regional	$21.31B	$1,467.89	1.77%	$11.88B	1.91x	9.48
MCBC	MACATAWA BANK CORP	NASDAQ	Banks - Regional	$332.97M	$9.71	-0.61%	$57.40M	7.30x	9.23
CFBK	CF BANKSHARES INC	NASDAQ	Banks - Regional	$104.88M	$16.00	0.00%	$21.38M	5.90x	12.17
FGBI	FIRST GUARANTY BANCSHARES INC	NASDAQ	Banks - Regional	$108.71M	$9.51	0.11%	$20.82M	9.61x	13.31
HTLF	HEARTLAND FINANCIAL USA INC	NASDAQ	Banks - Regional	$1.32B	$30.93	-1.21%	$290.24M	6.51x	10.03
ACNB	ACNB CORP	NASDAQ	Banks - Regional	$332.48M	$39.08	-0.81%	$51.47M	8.80x	8.34
FBNC	FIRST BANCORP	NASDAQ	Banks - Regional	$1.29B	$31.34	-1.01%	$158.86M	10.81x	8.52
VBTX	VERITEX HOLDINGS INC	NASDAQ	Banks - Regional	$1.04B	$19.14	-0.05%	$206.13M	7.17x	7.28
BSRR	SIERRA BANCORP	NASDAQ	Banks - Regional	$275.51M	$18.74	1.08%	$50.54M	7.78x	11.11
IBTX	INDEPENDENT BANK GROUP INC	NASDAQ	Banks - Regional	$1.60B	$38.68	0.00%	$103.30M	23.02x	6.94
MPB	MID PENN BANCORP INC	NASDAQ	Banks - Regional	$335.37M	$20.12	-6.24%	$58.35M	7.89x	8.87
FLIC	FIRST OF LONG ISLAND CORP	NASDAQ	Banks - Regional	$257.06M	$11.38	-0.35%	$40.94M	8.49x	10.86
NFBK	NORTHFIELD BANCORP INC	NASDAQ	Banks - Regional	$428.88M	$9.54	-2.45%	$68.62M	9.73x	6.95
BPOP	POPULAR INC	NASDAQ	Banks - Regional	$5.32B	$73.79	0.44%	$848.06M	7.54x	14.64
CASH	PATHWARD FINANCIAL INC	NASDAQ	Banks - Regional	$1.29B	$49.59	0.38%	$244.89M	8.25x	10.57
SASR	SANDY SPRING BANCORP INC	NASDAQ	Banks - Regional	$988.59M	$22.02	-0.63%	$194.64M	7.57x	8.19
TFC	TRUIST FINANCIAL CORP	NYSE	Banks - Regional	$42.86B	$32.14	0.03%	$8.23B	8.04x	7.75
FVCB	FVCBANKCORP INC	NASDAQ	Banks - Regional	$198.67M	$11.16	-7.92%	$17.31M	14.16x	9.91
PFS	PROVIDENT FINANCIAL SERVICES INC	NYSE	Banks - Regional	$1.15B	$15.22	-0.26%	$225.85M	7.57x	7.68
HFBL	HOME FEDERAL BANCORP INC OF LOUISIANA	NASDAQ	Banks - Regional	$40.73M	$13.00	0.00%	$7.50M	7.51x	12.13
CCBG	CAPITAL CITY BANK GROUP INC	NASDAQ	Banks - Regional	$454.36M	$26.74	-1.44%	$73.72M	8.63x	9.44
FMAO	FARMERS & MERCHANTS BANCORP INC	NASDAQ	Banks - Regional	$266.49M	$19.50	-2.99%	$35.87M	10.96x	9.67
SHBI	SHORE BANCSHARES INC	NASDAQ	Banks - Regional	$395.76M	$11.94	-0.83%	$22.84M	15.92x	10.31
FCAP	FIRST CAPITAL INC	NASDAQ	Banks - Regional	$88.22M	$26.33	0.00%	$16.82M	6.65x	11.82
AROW	ARROW FINANCIAL CORP	NASDAQ	Banks - Regional	$420.41M	$24.65	-1.16%	$50.35M	12.18x	10.87
CBAN	COLONY BANKCORP INC	NASDAQ	Banks - Regional	$188.50M	$10.73	0.37%	$35.44M	8.65x	11.96
HDB	HDFC BANK LTD	NYSE	Banks - Regional	$111.56B	$60.04	-0.84%	$8.33B	18.48x	7.84
CSTR	CAPSTAR FINANCIAL HOLDINGS INC	NASDAQ	Banks - Regional	$340.30M	$16.43	0.55%	$44.76M	10.46x	8.45
FBK	FB FINANCIAL CORP	NYSE	Banks - Regional	$1.57B	$33.56	0.90%	$175.68M	12.20x	8.10
INDB	INDEPENDENT BANK CORP	NASDAQ	Banks - Regional	$2.50B	$57.02	0.26%	$381.35M	9.76x	5.71
UBFO	UNITED SECURITY BANCSHARES	NASDAQ	Banks - Regional	$136.57M	$7.97	-0.50%	$29.59M	6.93x	10.07
OSBC	OLD SECOND BANCORP INC	NASDAQ	Banks - Regional	$629.79M	$14.09	-1.40%	$138.08M	6.46x	9.81
NYCB	NEW YORK COMMUNITY BANCORP INC	NYSE	Banks - Regional	$6.80B	$9.41	-1.67%	$3.08B	2.35x	9.12
FNCB	FNCB BANCORP INC	NASDAQ	Banks - Regional	$118.30M	$5.98	-0.66%	$19.10M	8.08x	14.51
OBK	ORIGIN BANCORP INC	NYSE	Banks - Regional	$981.91M	$31.77	-1.64%	$142.51M	9.72x	8.74
NBTB	NBT BANCORP INC	NASDAQ	Banks - Regional	$1.67B	$35.53	-1.66%	$180.57M	12.42x	9.15
BANC	BANC OF CALIFORNIA INC	NYSE	Banks - Regional	$664.06M	$11.56	-2.28%	$158.50M	6.61x	8.23
MTB	M&T BANK CORP	NYSE	Banks - Regional	$21.27B	$128.17	0.34%	$4.37B	7.32x	6.98
HBAN	HUNTINGTON BANCSHARES INC	NASDAQ	Banks - Regional	$16.31B	$11.26	1.17%	$3.60B	7.36x	9.10
ZION	ZIONS BANCORPORATION NATIONAL ASSOCIATION	NASDAQ	Banks - Regional	$5.28B	$35.63	0.54%	$1.23B	6.59x	15.42
FFBC	FIRST FINANCIAL BANCORP	NASDAQ	Banks - Regional	$1.92B	$20.21	-1.61%	$364.32M	7.07x	7.01
WABC	WESTAMERICA BANCORPORATION	NASDAQ	Banks - Regional	$1.35B	$50.71	1.38%	$232.42M	8.40x	9.13
KEY	KEYCORP	NYSE	Banks - Regional	$11.60B	$12.39	-0.40%	$1.72B	9.99x	13.07
BANF	BANCFIRST CORP	NASDAQ	Banks - Regional	$2.85B	$86.63	1.27%	$301.87M	12.91x	7.84
CAC	CAMDEN NATIONAL CORP	NASDAQ	Banks - Regional	$491.34M	$33.75	-2.12%	$70.54M	9.81x	11.48
PCB	PCB BANCORP	NASDAQ	Banks - Regional	$221.02M	$15.50	-1.96%	$49.62M	6.71x	6.51
ISTR	INVESTAR HOLDING CORP	NASDAQ	Banks - Regional	$107.45M	$11.01	1.57%	$30.83M	4.94x	12.37
WAL	WESTERN ALLIANCE BANCORPORATION	NYSE	Banks - Regional	$5.61B	$51.22	-0.33%	$1.17B	6.48x	11.34
ALRS	ALERUS FINANCIAL CORP	NASDAQ	Banks - Regional	$361.31M	$18.27	-0.27%	$58.53M	9.82x	10.07
CFFI	C & F FINANCIAL CORP	NASDAQ	Banks - Regional	$196.52M	$58.34	1.09%	$39.57M	6.98x	11.12
MGYR	MAGYAR BANCORP INC	NASDAQ	Banks - Regional	$64.96M	$9.75	0.00%	$12.15M	7.99x	7.34
FFNW	FIRST FINANCIAL NORTHWEST INC	NASDAQ	Banks - Regional	$110.75M	$12.07	0.88%	$12.43M	13.26x	8.58
ESQ	ESQUIRE FINANCIAL HOLDINGS INC	NASDAQ	Banks - Regional	$382.07M	$46.57	-1.08%	$55.45M	8.92x	6.99
EFSC	ENTERPRISE FINANCIAL SERVICES CORP	NASDAQ	Banks - Regional	$1.47B	$39.21	0.28%	$277.35M	7.12x	7.70

Bank Stocks FAQ

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

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

1. Ameris Bancorp (NASDAQ:ABCB)

Ameris Bancorp (NASDAQ:ABCB) is the top bank stock with a Zen Score of 64, which is 27 points higher than the bank industry average of 37. It passed 23 out of 38 due diligence checks and has strong fundamentals. Ameris Bancorp has seen its stock lose -19.48% over the past year, underperforming other bank stocks by -6 percentage points.

Ameris Bancorp has an average 1 year price target of $46.00, an upside of 8.03% from Ameris Bancorp's current stock price of $42.58.

Ameris Bancorp stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Ameris Bancorp, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Dime Community Bancshares (NASDAQ:DCOM)

Dime Community Bancshares (NASDAQ:DCOM) is the second best bank stock with a Zen Score of 62, which is 25 points higher than the bank industry average of 37. It passed 22 out of 38 due diligence checks and has strong fundamentals. Dime Community Bancshares has seen its stock lose -43.65% over the past year, underperforming other bank stocks by -30 percentage points.

Dime Community Bancshares has an average 1 year price target of $23.00, an upside of 14.43% from Dime Community Bancshares's current stock price of $20.10.

Dime Community Bancshares stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Dime Community Bancshares, 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.

3. Heritage Commerce (NASDAQ:HTBK)

Heritage Commerce (NASDAQ:HTBK) is the third best bank stock with a Zen Score of 61, which is 24 points higher than the bank industry average of 37. It passed 21 out of 38 due diligence checks and has strong fundamentals. Heritage Commerce has seen its stock lose -40.25% over the past year, underperforming other bank stocks by -26 percentage points.

Heritage Commerce has an average 1 year price target of $9.75, an upside of 14.84% from Heritage Commerce's current stock price of $8.49.

Heritage Commerce stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Heritage Commerce, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% 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 293 bank stocks that have issued dividends in the past year, the 3 bank stocks with the highest dividend yields are:

1. Lake Shore Bancorp (NASDAQ:LSBK)

Lake Shore Bancorp (NASDAQ:LSBK) has an annual dividend yield of N/A, which is N/A percentage points lower than the bank industry average of 3.86%. Lake Shore Bancorp's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Lake Shore Bancorp's dividend has shown consistent growth over the last 10 years.

Lake Shore Bancorp's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

2. Luther Burbank (NASDAQ:LBC)

Luther Burbank (NASDAQ:LBC) has an annual dividend yield of N/A, which is N/A percentage points lower than the bank industry average of 3.86%. Luther Burbank's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Luther Burbank's dividend has shown consistent growth over the last 10 years.

Luther Burbank's dividend payout ratio of 0% indicates that its 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 11.35%, which is 7 percentage points higher than the bank industry average of 3.86%. 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 47.9% indicates that its high dividend yield is sustainable for the long-term.

Why are bank stocks down?

Bank stocks were down -0.15% in the last day, and up 0.29% 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. Connectone Bancorp (NASDAQ:CNOB)

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

Connectone Bancorp's stock has dropped -25.08% in the past year. It has underperformed other stocks in the bank industry by -11 percentage points.

2. Ameris Bancorp (NASDAQ:ABCB)

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

Ameris Bancorp's stock has dropped -19.48% in the past year. It has underperformed other stocks in the bank industry by -6 percentage points.

3. Bogota Financial (NASDAQ:BSBK)

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

Bogota Financial's stock has dropped -40.37% in the past year. It has underperformed other stocks in the bank industry by -26 percentage points.

Are bank stocks a good buy now?

36.95% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 11.86% 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 -6.85x.

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.