Sectors & Industries Financial ServicesBanks - Regional
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

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

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
TCBX	THIRD COAST BANCSHARES INC	NASDAQ	Banks - Regional	$252.41M	$18.55	1.76%	$41.15M	8.79x	9.67
WBS	WEBSTER FINANCIAL CORP	NYSE	Banks - Regional	$7.78B	$45.27	-0.29%	$1.19B	9.22x	7.62
ORRF	ORRSTOWN FINANCIAL SERVICES INC	NASDAQ	Banks - Regional	$267.95M	$25.03	-0.32%	$49.37M	7.26x	10.56
CBFV	CB FINANCIAL SERVICES INC	NASDAQ	Banks - Regional	$109.81M	$21.35	0.00%	$33.02M	4.84x	9.41
BBD	BANK BRADESCO	NYSE	Banks - Regional	$27.99B	$2.63	-0.75%	$5.95B	6.99x	10.37
SMBC	SOUTHERN MISSOURI BANCORP INC	NASDAQ	Banks - Regional	$455.03M	$40.07	-0.42%	$63.96M	10.27x	8.88
MVBF	MVB FINANCIAL CORP	NASDAQ	Banks - Regional	$252.51M	$19.67	-1.06%	$44.35M	8.00x	10.45
MTB	M&T BANK CORP	NYSE	Banks - Regional	$23.21B	$139.30	0.19%	$4.01B	8.79x	6.73
SBCF	SEACOAST BANKING CORP OF FLORIDA	NASDAQ	Banks - Regional	$1.91B	$22.47	1.86%	$142.31M	18.12x	5.92
FUSB	FIRST US BANCSHARES INC	NASDAQ	Banks - Regional	$55.56M	$9.60	0.00%	$13.05M	6.76x	10.84
WABC	WESTAMERICA BANCORPORATION	NASDAQ	Banks - Regional	$1.21B	$45.55	0.11%	$233.35M	7.52x	7.24
ITUB	ITAU UNIBANCO HOLDING SA	NYSE	Banks - Regional	$59.12B	$6.03	-0.33%	$10.21B	9.92x	12.78
FCNCA	FIRST CITIZENS BANCSHARES INC	NASDAQ	Banks - Regional	$22.54B	$1,551.91	0.12%	$12.02B	1.98x	9.06
HDB	HDFC BANK LTD	NYSE	Banks - Regional	$106.62B	$57.38	0.99%	$8.33B	17.66x	7.84
OVLY	OAK VALLEY BANCORP	NASDAQ	Banks - Regional	$193.06M	$23.28	-0.39%	$41.40M	6.19x	10.09
CCBG	CAPITAL CITY BANK GROUP INC	NASDAQ	Banks - Regional	$440.69M	$26.01	0.70%	$73.38M	8.44x	8.75
CFG	CITIZENS FINANCIAL GROUP INC	NYSE	Banks - Regional	$15.09B	$32.90	-0.36%	$2.39B	10.48x	8.12
HBAN	HUNTINGTON BANCSHARES INC	NASDAQ	Banks - Regional	$19.09B	$13.18	0.23%	$3.16B	10.46x	8.78
CASH	PATHWARD FINANCIAL INC	NASDAQ	Banks - Regional	$1.25B	$49.00	1.03%	$243.97M	8.01x	9.86
PFC	PREMIER FINANCIAL CORP	NASDAQ	Banks - Regional	$686.01M	$19.20	0.84%	$149.42M	6.17x	7.84
ABCB	AMERIS BANCORP	NASDAQ	Banks - Regional	$3.09B	$44.79	0.63%	$405.65M	11.48x	6.36
SPFI	SOUTH PLAINS FINANCIAL INC	NASDAQ	Banks - Regional	$417.89M	$25.43	0.47%	$85.83M	6.82x	9.33
VLY	VALLEY NATIONAL BANCORP	NASDAQ	Banks - Regional	$3.72B	$7.31	1.53%	$721.77M	7.69x	8.09
MCB	METROPOLITAN BANK HOLDING CORP	NYSE	Banks - Regional	$367.09M	$33.10	1.35%	$109.82M	4.76x	9.73
TBBK	BANCORP INC	NASDAQ	Banks - Regional	$1.75B	$33.19	1.07%	$260.25M	9.43x	8.55
BY	BYLINE BANCORP INC	NYSE	Banks - Regional	$891.13M	$20.08	1.11%	$150.21M	7.46x	7.97
MSBI	MIDLAND STATES BANCORP INC	NASDAQ	Banks - Regional	$490.51M	$22.81	0.35%	$118.74M	7.68x	8.94
OPBK	OP BANCORP	NASDAQ	Banks - Regional	$136.70M	$9.14	1.78%	$34.83M	5.90x	10.15
ESQ	ESQUIRE FINANCIAL HOLDINGS INC	NASDAQ	Banks - Regional	$372.76M	$45.01	0.92%	$56.59M	8.48x	7.14
CFR	CULLEN/FROST BANKERS INC	NYSE	Banks - Regional	$7.00B	$109.09	1.68%	$788.82M	11.97x	12.68
INTR	INTER & CO INC	NASDAQ	Banks - Regional	$2.05B	$5.10	0.79%	$176.45M	33.77x	7.06
CBAN	COLONY BANKCORP INC	NASDAQ	Banks - Regional	$183.49M	$10.45	-0.76%	$35.92M	8.43x	10.98
USB	US BANCORP	NYSE	Banks - Regional	$61.45B	$39.44	-0.20%	$7.85B	12.06x	10.99
OSBC	OLD SECOND BANCORP INC	NASDAQ	Banks - Regional	$615.57M	$13.74	2.23%	$131.35M	6.70x	8.91
IFS	INTERCORP FINANCIAL SERVICES INC	NYSE	Banks - Regional	$2.50B	$21.68	2.51%	$446.35M	9.00x	8.00
FITB	FIFTH THIRD BANCORP	NASDAQ	Banks - Regional	$23.31B	$34.22	0.35%	$3.45B	10.59x	10.19
HTBK	HERITAGE COMMERCE CORP	NASDAQ	Banks - Regional	$483.24M	$7.90	0.64%	$93.94M	7.45x	6.72
ASB	ASSOCIATED BANC-CORP	NYSE	Banks - Regional	$3.03B	$20.04	0.40%	$253.04M	17.58x	9.26
BKU	BANKUNITED INC	NYSE	Banks - Regional	$1.92B	$25.87	2.70%	$311.14M	10.82x	12.87
SMMF	SUMMIT FINANCIAL GROUP INC	NASDAQ	Banks - Regional	$368.27M	$25.08	0.20%	$77.59M	6.57x	9.53
NBHC	NATIONAL BANK HOLDINGS CORP	NYSE	Banks - Regional	$1.24B	$32.82	0.74%	$199.46M	8.78x	7.21
VBTX	VERITEX HOLDINGS INC	NASDAQ	Banks - Regional	$1.05B	$19.32	0.21%	$163.77M	9.66x	7.09
RF	REGIONS FINANCIAL CORP	NYSE	Banks - Regional	$17.46B	$19.00	0.74%	$2.75B	9.00x	7.73
SNV	SYNOVUS FINANCIAL CORP	NYSE	Banks - Regional	$4.96B	$33.90	-7.43%	$791.18M	9.74x	10.68
ONB	OLD NATIONAL BANCORP	NASDAQ	Banks - Regional	$4.62B	$15.78	1.61%	$813.64M	8.09x	7.83
QCRH	QCR HOLDINGS INC	NASDAQ	Banks - Regional	$930.49M	$55.41	1.34%	$138.28M	8.16x	8.63
CIVB	CIVISTA BANCSHARES INC	NASDAQ	Banks - Regional	$224.48M	$14.31	0.14%	$62.95M	5.24x	9.38
FSBW	FS BANCORP INC	NASDAQ	Banks - Regional	$241.28M	$30.91	0.06%	$57.92M	6.68x	10.24
FBK	FB FINANCIAL CORP	NYSE	Banks - Regional	$1.67B	$35.56	-0.22%	$165.12M	13.84x	7.66
UBFO	UNITED SECURITY BANCSHARES	NASDAQ	Banks - Regional	$124.58M	$7.22	1.26%	$29.58M	6.22x	8.88
INDB	INDEPENDENT BANK CORP	NASDAQ	Banks - Regional	$2.10B	$49.45	1.90%	$351.24M	9.12x	5.68
WSFS	WSFS FINANCIAL CORP	NASDAQ	Banks - Regional	$2.52B	$41.85	0.26%	$414.00M	9.51x	7.32
FBIZ	FIRST BUSINESS FINANCIAL SERVICES INC	NASDAQ	Banks - Regional	$276.86M	$33.33	1.37%	$50.78M	7.70x	11.11
BCAL	SOUTHERN CALIFORNIA BANCORP	NASDAQ	Banks - Regional	$260.62M	$14.14	-0.07%	$38.78M	9.96x	7.19
PEBO	PEOPLES BANCORP INC	NASDAQ	Banks - Regional	$977.48M	$27.54	1.21%	$148.79M	7.96x	7.69
STBA	S&T BANCORP INC	NASDAQ	Banks - Regional	$1.12B	$29.35	0.51%	$186.32M	7.81x	6.44
IBOC	INTERNATIONAL BANCSHARES CORP	NASDAQ	Banks - Regional	$3.27B	$52.54	0.69%	$545.46M	7.92x	5.16
PLBC	PLUMAS BANCORP	NASDAQ	Banks - Regional	$208.37M	$35.35	0.26%	$41.88M	6.96x	9.93
KEY	KEYCORP	NYSE	Banks - Regional	$13.43B	$14.38	-0.35%	$1.30B	16.16x	11.86
EFSC	ENTERPRISE FINANCIAL SERVICES CORP	NASDAQ	Banks - Regional	$1.43B	$38.18	0.61%	$256.22M	7.50x	7.46
AVAL	GRUPO AVAL ACCIONES Y VALORES SA	NYSE	Banks - Regional	$2.79B	$2.35	-1.26%	$819.85M	14.78x	16.07
EVBN	EVANS BANCORP INC	NYSEMKT	Banks - Regional	$142.67M	$25.90	-0.38%	$34.73M	5.77x	10.83
STEL	STELLAR BANCORP INC	NYSE	Banks - Regional	$1.20B	$22.47	1.58%	$196.35M	9.17x	6.00
CZWI	CITIZENS COMMUNITY BANCORP INC	NASDAQ	Banks - Regional	$111.68M	$10.68	-1.66%	$22.06M	8.54x	9.68
HOMB	HOME BANCSHARES INC	NYSE	Banks - Regional	$4.67B	$23.22	3.52%	$542.81M	11.97x	4.98
EBC	EASTERN BANKSHARES INC	NASDAQ	Banks - Regional	$2.19B	$12.43	1.55%	$192.51M	8.69x	6.10
CFFI	C & F FINANCIAL CORP	NASDAQ	Banks - Regional	$120.40M	$35.69	0.96%	$32.90M	5.16x	10.24
FCAP	FIRST CAPITAL INC	NASDAQ	Banks - Regional	$93.84M	$27.98	1.34%	$16.07M	7.32x	10.00
FFBC	FIRST FINANCIAL BANCORP	NASDAQ	Banks - Regional	$2.00B	$21.06	0.96%	$356.40M	7.74x	6.73
CMA	COMERICA INC	NYSE	Banks - Regional	$6.71B	$50.66	1.69%	$1.23B	7.83x	12.40
CCB	COASTAL FINANCIAL CORP	NASDAQ	Banks - Regional	$506.26M	$37.83	1.20%	$59.46M	11.26x	11.72
BFST	BUSINESS FIRST BANCSHARES INC	NASDAQ	Banks - Regional	$521.58M	$20.57	1.98%	$95.26M	7.85x	9.22
LARK	LANDMARK BANCORP INC	NASDAQ	Banks - Regional	$103.91M	$19.00	-1.30%	$15.46M	8.52x	11.31
BOTJ	BANK OF THE JAMES FINANCIAL GROUP INC	NASDAQ	Banks - Regional	$44.75M	$9.85	0.77%	$12.25M	5.16x	15.15
LOB	LIVE OAK BANCSHARES INC	NYSE	Banks - Regional	$1.64B	$36.71	0.08%	$104.10M	21.98x	11.49
OFG	OFG BANCORP	NYSE	Banks - Regional	$1.57B	$33.44	0.21%	$285.64M	8.69x	8.51
MCBC	MACATAWA BANK CORP	NASDAQ	Banks - Regional	$475.91M	$13.85	1.17%	$54.06M	10.99x	8.58
PBFS	PIONEER BANCORP INC	NASDAQ	Banks - Regional	$234.45M	$9.03	0.84%	$24.34M	13.08x	5.53
NEWT	NEWTEKONE INC	NASDAQ	Banks - Regional	$268.83M	$10.88	-0.82%	$48.26M	5.76x	5.15
AX	AXOS FINANCIAL INC	NYSE	Banks - Regional	$2.80B	$49.21	0.72%	$590.41M	7.17x	9.41
ESSA	ESSA BANCORP INC	NASDAQ	Banks - Regional	$168.84M	$16.67	0.09%	$24.54M	9.01x	9.08
UNTY	UNITY BANCORP INC	NASDAQ	Banks - Regional	$267.67M	$26.40	0.44%	$55.38M	6.79x	8.86
HBCP	HOME BANCORP INC	NASDAQ	Banks - Regional	$273.82M	$33.60	-0.30%	$53.72M	6.69x	8.04
FBP	FIRST BANCORP	NYSE	Banks - Regional	$2.75B	$16.44	0.92%	$425.67M	9.56x	11.63
WTFC	WINTRUST FINANCIAL CORP	NASDAQ	Banks - Regional	$5.86B	$95.30	0.36%	$929.85M	9.80x	9.42
CIB	BANCOLOMBIA SA	NYSE	Banks - Regional	$7.76B	$32.27	-3.06%	$2.37B	4.84x	7.98
FINW	FINWISE BANCORP	NASDAQ	Banks - Regional	$126.27M	$9.85	0.00%	$28.37M	7.14x	2.78
DCOM	DIME COMMUNITY BANCSHARES INC	NASDAQ	Banks - Regional	$692.29M	$17.83	0.56%	$142.90M	7.79x	10.12
PNFP	PINNACLE FINANCIAL PARTNERS INC	NASDAQ	Banks - Regional	$6.04B	$78.46	0.17%	$792.70M	10.90x	6.95
RBCAA	REPUBLIC BANCORP INC	NASDAQ	Banks - Regional	$917.75M	$47.30	-0.02%	$128.22M	10.19x	6.23
PPBI	PACIFIC PREMIER BANCORP INC	NASDAQ	Banks - Regional	$2.04B	$21.31	0.33%	$60.19M	68.74x	5.60
SYBT	STOCK YARDS BANCORP INC	NASDAQ	Banks - Regional	$1.26B	$42.98	1.49%	$159.87M	11.65x	8.52
CBNK	CAPITAL BANCORP INC	NASDAQ	Banks - Regional	$266.95M	$19.20	-0.47%	$46.70M	7.50x	7.74
HBNC	HORIZON BANCORP INC	NASDAQ	Banks - Regional	$503.75M	$11.42	1.15%	$50.97M	17.84x	10.05
TRST	TRUSTCO BANK CORP N Y	NASDAQ	Banks - Regional	$493.87M	$25.96	0.19%	$88.40M	8.43x	8.56
UCBI	UNITED COMMUNITY BANKS INC	NASDAQ	Banks - Regional	$2.94B	$24.70	0.53%	$270.81M	16.04x	7.37
BCBP	BCB BANCORP INC	NASDAQ	Banks - Regional	$161.43M	$9.52	2.26%	$40.90M	5.57x	11.20
FISI	FINANCIAL INSTITUTIONS INC	NASDAQ	Banks - Regional	$253.01M	$16.42	0.49%	$71.14M	5.18x	12.55
BWFG	BANKWELL FINANCIAL GROUP INC	NASDAQ	Banks - Regional	$187.56M	$23.63	0.72%	$51.67M	5.02x	11.10
MBIN	MERCHANTS BANCORP	NASDAQ	Banks - Regional	$1.67B	$38.44	2.15%	$350.76M	6.79x	8.97

Bank Stocks FAQ

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

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

1. Third Coast Bancshares (NASDAQ:TCBX)

Third Coast Bancshares (NASDAQ:TCBX) is the top bank stock with a Zen Score of 59, which is 26 points higher than the bank industry average of 33. It passed 19 out of 33 due diligence checks and has strong fundamentals. Third Coast Bancshares has seen its stock return 29.09% over the past year, overperforming other bank stocks by 19 percentage points.

Third Coast Bancshares has an average 1 year price target of $22.67, an upside of 22.19% from Third Coast Bancshares's current stock price of $18.55.

Third Coast Bancshares stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Third Coast Bancshares, 33.33% have issued a Strong Buy rating, 66.67% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Webster Financial (NYSE:WBS)

Webster Financial (NYSE:WBS) is the second best bank stock with a Zen Score of 59, which is 26 points higher than the bank industry average of 33. It passed 21 out of 38 due diligence checks and has strong fundamentals. Webster Financial has seen its stock return 18.79% over the past year, overperforming other bank stocks by 9 percentage points.

Webster Financial has an average 1 year price target of $61.30, an upside of 35.41% from Webster Financial's current stock price of $45.27.

Webster Financial stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Webster Financial, 70% have issued a Strong Buy rating, 30% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Orrstown Financial Services (NASDAQ:ORRF)

Orrstown Financial Services (NASDAQ:ORRF) is the third best bank stock with a Zen Score of 58, which is 25 points higher than the bank industry average of 33. It passed 21 out of 38 due diligence checks and has strong fundamentals. Orrstown Financial Services has seen its stock return 36.63% over the past year, overperforming other bank stocks by 27 percentage points.

Orrstown Financial Services has an average 1 year price target of $32.00, an upside of 27.85% from Orrstown Financial Services's current stock price of $25.03.

Orrstown Financial Services stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Orrstown Financial Services, 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 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 3.99%.

Blue Ridge Bankshares's dividend payout ratio of -4.5% 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 18.98%, which is 15 percentage points higher than the bank industry average of 3.99%. 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 -350% 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 10.97%, which is 7 percentage points higher than the bank industry average of 3.99%. 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 0.41% in the last day, and down -2.07% over the last week. Metropolitan Bank Holding was the among the top gainers in the banks - regional industry, gaining 1.35% yesterday.

Metropolitan Bank Holding shares are trading higher after the company reported better-than-expected Q1 financial results.

What are the most undervalued bank stocks?

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

1. First Us Bancshares (NASDAQ:FUSB)

First Us Bancshares (NASDAQ:FUSB) is the most undervalued bank stock based on WallStreetZen's Valuation Score. First Us Bancshares has a valuation score of 100, which is 50 points higher than the bank industry average of 50. It passed 7 out of 7 valuation due diligence checks.

First Us Bancshares's stock has gained 26.32% in the past year. It has overperformed other stocks in the bank industry by 17 percentage points.

2. Hanover Bancorp (NASDAQ:HNVR)

Hanover Bancorp (NASDAQ:HNVR) is the second most undervalued bank stock based on WallStreetZen's Valuation Score. Hanover Bancorp has a valuation score of 100, which is 50 points higher than the bank industry average of 50. It passed 7 out of 7 valuation due diligence checks.

Hanover Bancorp's stock has dropped -17.53% in the past year. It has underperformed other stocks in the bank industry by -27 percentage points.

3. Op Bancorp (NASDAQ:OPBK)

Op Bancorp (NASDAQ:OPBK) is the third most undervalued bank stock based on WallStreetZen's Valuation Score. Op Bancorp has a valuation score of 100, which is 50 points higher than the bank industry average of 50. It passed 7 out of 7 valuation due diligence checks.

Op Bancorp's stock has gained 1.67% in the past year. It has underperformed other stocks in the bank industry by -8 percentage points.

Are bank stocks a good buy now?

36.63% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 18.89% 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 -10.84x.

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.