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

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

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
WBS	WEBSTER FINANCIAL CORP	United States	$7.62B	171,753,097	86.46%	4.76%	Net Selling	Net Selling
CBFV	CB FINANCIAL SERVICES INC	United States	$114.69M	5,143,123	33.38%	16.34%	Net Buying
MVBF	MVB FINANCIAL CORP	United States	$236.08M	12,837,383	47.62%	24.62%	Net Buying
SMBC	SOUTHERN MISSOURI BANCORP INC	United States	$459.91M	11,355,762	49.47%	24.54%	Net Buying	Net Buying
HDB	HDFC BANK LTD	India	$108.03B	5,579,742,786	5.87%	0.00%
SBCF	SEACOAST BANKING CORP OF FLORIDA	United States	$2.00B	84,889,092	62.07%	37.93%	Net Buying	Net Buying
WABC	WESTAMERICA BANCORPORATION	United States	$1.27B	26,671,215	76.23%	17.00%	Net Selling	Net Selling
ORRF	ORRSTOWN FINANCIAL SERVICES INC	United States	$281.76M	10,705,077	44.25%	11.18%	Net Selling	Net Selling
FUSB	FIRST US BANCSHARES INC	United States	$59.32M	5,787,118	15.86%	17.88%	Net Buying	Net Selling
CASH	PATHWARD FINANCIAL INC	United States	$1.29B	25,490,775	88.39%	11.61%	Net Selling	Net Selling
TCBX	THIRD COAST BANCSHARES INC	United States	$273.37M	13,607,107	36.86%	8.74%	Net Buying	Net Buying
BLX	FOREIGN TRADE BANK OF LATIN AMERICA INC	Panama	$1.06B	36,539,861	7.02%	0.00%
MTB	M&T BANK CORP	United States	$24.35B	166,624,291	84.70%	8.52%	Net Selling	Net Selling
OVLY	OAK VALLEY BANCORP	United States	$202.44M	8,293,168	30.84%	33.33%	Net Selling	Net Buying
CFG	CITIZENS FINANCIAL GROUP INC	United States	$15.92B	458,756,723	94.65%	1.13%	Net Selling	Net Selling
MCB	METROPOLITAN BANK HOLDING CORP	United States	$453.70M	11,090,229	79.83%	11.38%	Net Buying	Net Selling
INTR	INTER & CO INC	Brazil	$2.03B	402,190,540	17.53%	0.00%
FCNCA	FIRST CITIZENS BANCSHARES INC	United States	$24.34B	14,524,615	37.81%	62.19%	Net Selling	Net Selling
TBBK	BANCORP INC	United States	$1.65B	52,748,985	87.06%	12.94%	Net Selling	Net Selling
SPFI	SOUTH PLAINS FINANCIAL INC	United States	$428.40M	16,432,851	31.07%	53.42%	Net Selling	Net Selling
ASB	ASSOCIATED BANC-CORP	United States	$3.25B	150,766,697	83.09%	4.93%	Net Buying	Net Buying
HBAN	HUNTINGTON BANCSHARES INC	United States	$19.78B	1,449,254,147	80.76%	2.27%	Net Selling	Net Selling
CCBG	CAPITAL CITY BANK GROUP INC	United States	$456.79M	16,943,238	20.65%	79.35%	Net Buying	Net Buying
OPBK	OP BANCORP	United States	$140.74M	14,956,399	45.11%	27.45%	Net Buying	Net Buying
ITUB	ITAU UNIBANCO HOLDING SA	Brazil	$59.79B	9,800,866,660	8.55%	0.00%
SNV	SYNOVUS FINANCIAL CORP	United States	$5.33B	146,399,324	83.81%	11.45%	Net Buying	Net Buying
USB	US BANCORP	United States	$64.06B	1,560,459,913	77.58%	19.85%	Net Selling	Net Selling
VLY	VALLEY NATIONAL BANCORP	United States	$3.71B	508,884,645	60.99%	17.46%	Net Buying	Net Buying
PFC	PREMIER FINANCIAL CORP	United States	$712.45M	35,729,694	66.08%	4.55%	Net Selling	Net Selling
OSBC	OLD SECOND BANCORP INC	United States	$620.05M	44,801,278	67.76%	10.03%	Net Selling	Net Selling
IFS	INTERCORP FINANCIAL SERVICES INC	Peru	$2.47B	114,480,010	7.85%	23.02%
BY	BYLINE BANCORP INC	United States	$993.20M	44,378,792	32.47%	67.53%	Net Buying	Net Selling
EBC	EASTERN BANKSHARES INC	United States	$2.28B	176,426,993	63.17%	1.68%	Net Selling	Net Selling
QCRH	QCR HOLDINGS INC	United States	$946.95M	16,792,880	69.97%	11.13%	Net Buying	Net Buying
CFR	CULLEN/FROST BANKERS INC	United States	$6.77B	64,254,270	81.10%	10.93%	Net Selling	Net Selling
WSFS	WSFS FINANCIAL CORP	United States	$2.64B	60,280,040	88.33%	10.31%	Net Buying	Net Buying
LOB	LIVE OAK BANCSHARES INC	United States	$1.50B	44,769,239	53.58%	46.42%	Net Selling	Net Selling
INDB	INDEPENDENT BANK CORP	United States	$2.16B	42,445,920	83.32%	6.59%	Net Buying	Net Selling
UBFO	UNITED SECURITY BANCSHARES	United States	$122.86M	17,255,505	30.67%	69.18%	Net Selling	Net Buying
CIVB	CIVISTA BANCSHARES INC	United States	$224.01M	15,687,162	52.08%	24.58%	Net Buying	Net Buying
FBK	FB FINANCIAL CORP	United States	$1.75B	46,858,267	65.37%	25.83%	Net Buying	Net Selling
ABCB	AMERIS BANCORP	United States	$3.32B	69,030,167	92.07%	7.93%	Net Selling	Net Selling
BFST	BUSINESS FIRST BANCSHARES INC	United States	$524.88M	25,356,393	47.34%	26.86%	Net Buying	Net Selling
IBOC	INTERNATIONAL BANCSHARES CORP	United States	$3.55B	62,168,232	62.79%	37.21%	Net Selling	Net Selling
BKU	BANKUNITED INC	United States	$2.07B	74,756,756	62.73%	37.27%	Net Selling	Net Selling
KEY	KEYCORP	United States	$13.74B	933,841,692	79.52%	1.19%	Net Selling	Net Selling
FITB	FIFTH THIRD BANCORP	United States	$25.27B	681,221,886	83.79%	6.59%	Net Selling	Net Selling
PLBC	PLUMAS BANCORP	United States	$211.61M	5,894,395	37.43%	54.92%	Net Buying	Net Buying
BCAL	SOUTHERN CALIFORNIA BANCORP	United States	$256.38M	18,431,409	41.48%	58.52%	Net Buying	Net Buying
STBA	S&T BANCORP INC	United States	$1.18B	38,233,365	65.11%	6.06%	Net Buying	Net Buying
EVBN	EVANS BANCORP INC	United States	$134.08M	5,508,593	61.61%	26.69%	Net Buying	Net Selling
HTBK	HERITAGE COMMERCE CORP	United States	$497.31M	61,169,473	73.09%	22.11%	Net Buying	Net Buying
NBHC	NATIONAL BANK HOLDINGS CORP	United States	$1.26B	37,825,413	86.39%	13.61%	Net Selling	Net Selling
CZWI	CITIZENS COMMUNITY BANCORP INC	United States	$113.04M	10,456,880	52.98%	41.59%	Net Buying	Net Buying
HOMB	HOME BANCSHARES INC	United States	$4.84B	201,136,052	64.08%	35.92%	Net Selling	Net Buying
RF	REGIONS FINANCIAL CORP	United States	$17.98B	918,864,048	79.36%	2.16%	Net Selling	Net Selling
SMMF	SUMMIT FINANCIAL GROUP INC	United States	$387.06M	14,683,729	35.73%	27.38%	Net Buying	Net Buying
FRAF	FRANKLIN FINANCIAL SERVICES CORP	United States	$129.32M	4,383,720	24.78%	13.29%	Net Buying	Net Buying
FFBC	FIRST FINANCIAL BANCORP	United States	$2.16B	95,074,325	77.15%	4.46%	Net Selling	Net Selling
FCAP	FIRST CAPITAL INC	United States	$92.23M	3,353,810	11.63%	9.51%	Net Buying	Net Buying
CMA	COMERICA INC	United States	$6.79B	132,587,251	80.55%	3.19%	Net Selling	Net Selling
EFSC	ENTERPRISE FINANCIAL SERVICES CORP	United States	$1.46B	37,491,713	72.09%	19.66%	Net Selling	Net Selling
ESQ	ESQUIRE FINANCIAL HOLDINGS INC	United States	$394.42M	8,281,789	54.12%	33.78%	Net Selling	Net Selling
LARK	LANDMARK BANCORP INC	United States	$99.81M	5,468,867	15.85%	26.56%	Net Buying
MSBI	MIDLAND STATES BANCORP INC	United States	$494.38M	21,503,989	61.39%	13.99%	Net Buying	Net Buying
OFG	OFG BANCORP	Puerto Rico	$1.73B	47,078,556	90.05%	9.95%	Net Selling	Net Selling
PBFS	PIONEER BANCORP INC	United States	$230.94M	25,977,679	24.00%	0.02%
CCB	COASTAL FINANCIAL CORP	United States	$520.58M	13,382,515	59.23%	32.26%	Net Selling	Net Buying
BOTJ	BANK OF THE JAMES FINANCIAL GROUP INC	United States	$46.34M	4,543,338	18.61%	22.04%	Net Buying	Net Buying
FSBW	FS BANCORP INC	United States	$247.83M	7,805,795	57.85%	11.19%	Net Selling	Net Buying
BANF	BANCFIRST CORP	United States	$2.98B	32,936,410	37.83%	62.17%	Net Selling	Net Selling
WTFC	WINTRUST FINANCIAL CORP	United States	$6.03B	61,472,818	94.40%	3.05%	Net Buying	Net Selling
STEL	STELLAR BANCORP INC	United States	$1.22B	53,556,949	53.86%	24.94%	Net Buying	Net Buying
HBCP	HOME BANCORP INC	United States	$293.54M	8,149,308	42.54%	19.39%	Net Selling
CBAN	COLONY BANKCORP INC	United States	$192.79M	17,558,611	52.99%	19.26%	Net Selling	Net Buying
ESSA	ESSA BANCORP INC	United States	$171.73M	10,131,521	43.83%	17.75%	Net Buying
FINW	FINWISE BANCORP	United States	$134.73M	12,818,944	22.13%	37.05%	Net Buying	Net Buying
CIB	BANCOLOMBIA SA	Colombia	$7.92B	961,827,000	2.50%	0.00%
PEBO	PEOPLES BANCORP INC	United States	$1.05B	35,493,152	55.46%	7.13%	Net Buying	Net Buying
PNFP	PINNACLE FINANCIAL PARTNERS INC	United States	$6.02B	76,939,919	87.44%	5.01%	Net Selling	Net Selling
AX	AXOS FINANCIAL INC	United States	$3.16B	56,967,483	67.04%	32.96%	Net Selling	Net Selling
ECBK	ECB BANCORP INC	United States	$106.53M	9,243,578	22.79%	7.58%	Net Buying
RBCAA	REPUBLIC BANCORP INC	United States	$1.00B	19,402,848	16.37%	83.63%	Net Buying	Net Selling
AVAL	GRUPO AVAL ACCIONES Y VALORES SA	Colombia	$2.83B	23,743,475,754	0.01%	0.00%
UCBI	UNITED COMMUNITY BANKS INC	United States	$3.06B	119,080,859	82.28%	12.64%	Net Selling	Net Selling
CBNK	CAPITAL BANCORP INC	United States	$272.93M	13,903,570	30.29%	44.43%	Net Buying	Net Buying
SYBT	STOCK YARDS BANCORP INC	United States	$1.35B	29,333,362	56.51%	9.80%	Net Buying	Net Buying
BCBP	BCB BANCORP INC	United States	$165.00M	16,957,391	35.99%	27.59%	Net Buying	Net Buying
BBD	BANK BRADESCO	Brazil	$28.95B	10,642,170,228	8.73%	0.00%
BWFG	BANKWELL FINANCIAL GROUP INC	United States	$187.32M	7,937,477	35.77%	39.11%	Net Selling	Net Selling
PPBI	PACIFIC PREMIER BANCORP INC	United States	$2.14B	96,431,504	92.41%	6.30%	Net Selling	Net Selling
CFFI	C & F FINANCIAL CORP	United States	$135.85M	3,373,503	37.19%	10.63%	Net Selling	Net Selling
ACNB	ACNB CORP	United States	$281.78M	8,505,311	32.34%	6.96%	Net Buying	Net Buying
OPHC	OPTIMUMBANK HOLDINGS INC	United States	$33.04M	7,867,386	6.31%	93.69%	Net Selling
BFC	BANK FIRST CORP	United States	$801.31M	10,141,926	29.98%	9.64%	Net Buying	Net Buying
RMBI	RICHMOND MUTUAL BANCORPORATION INC	United States	$122.50M	11,115,887	17.16%	7.53%	Net Buying	Net Buying
IBTX	INDEPENDENT BANK GROUP INC	United States	$1.56B	41,379,492	74.82%	25.18%	Net Buying	Net Selling
FBP	FIRST BANCORP	Puerto Rico	$2.96B	167,317,829	33.82%	66.18%	Net Selling	Net Buying
UNTY	UNITY BANCORP INC	United States	$276.55M	10,141,047	24.09%	75.91%	Net Buying	Net Selling
FHB	FIRST HAWAIIAN INC	United States	$2.75B	127,622,503	52.04%	47.96%	Net Selling	Net Selling

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. Webster Financial (NYSE:WBS)

Webster Financial (NYSE:WBS) is the top bank stock with a Zen Score of 61, which is 28 points higher than the bank industry average of 33. It passed 22 out of 38 due diligence checks and has strong fundamentals. Webster Financial has seen its stock return 20.4% over the past year, overperforming other bank stocks by 3 percentage points.

Webster Financial has an average 1 year price target of $59.00, an upside of 32.94% from Webster Financial's current stock price of $44.38.

Webster Financial stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Webster Financial, 63.64% have issued a Strong Buy rating, 36.36% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Cb Financial Services (NASDAQ:CBFV)

Cb Financial Services (NASDAQ:CBFV) is the second best bank stock with a Zen Score of 57, which is 24 points higher than the bank industry average of 33. It passed 20 out of 38 due diligence checks and has strong fundamentals. Cb Financial Services has seen its stock return 4.35% over the past year, underperforming other bank stocks by -13 percentage points.

Cb Financial Services has an average 1 year price target of $24.50, an upside of 9.87% from Cb Financial Services's current stock price of $22.30.

Cb Financial Services stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Cb Financial Services, 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. Southern Missouri Bancorp (NASDAQ:SMBC)

Southern Missouri Bancorp (NASDAQ:SMBC) is the third best bank stock with a Zen Score of 56, which is 23 points higher than the bank industry average of 33. It passed 20 out of 38 due diligence checks and has strong fundamentals. Southern Missouri Bancorp has seen its stock return 15.35% over the past year, underperforming other bank stocks by -2 percentage points.

Southern Missouri Bancorp has an average 1 year price target of $51.00, an upside of 25.93% from Southern Missouri Bancorp's current stock price of $40.50.

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.

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 3.85%.

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 16.47%, which is 13 percentage points higher than the bank industry average of 3.85%. 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 10.74%, which is 7 percentage points higher than the bank industry average of 3.85%. 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 1.36% in the last day, and down -0.78% over the last week. New York Community Bancorp was the among the top gainers in the banks - regional industry, gaining 28.3% yesterday.

New York Community Bancorp shares are trading higher. The company reported 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 53 points higher than the bank industry average of 47. It passed 7 out of 7 valuation due diligence checks.

First Us Bancshares's stock has gained 46.64% in the past year. It has overperformed other stocks in the bank industry by 29 percentage points.

2. Southern Missouri Bancorp (NASDAQ:SMBC)

Southern Missouri Bancorp (NASDAQ:SMBC) is the second most undervalued bank stock based on WallStreetZen's Valuation Score. Southern Missouri Bancorp has a valuation score of 100, which is 53 points higher than the bank industry average of 47. It passed 7 out of 7 valuation due diligence checks.

Southern Missouri Bancorp's stock has gained 15.35% in the past year. It has underperformed other stocks in the bank industry by -2 percentage points.

3. Richmond Mutual Bancorporation (NASDAQ:RMBI)

Richmond Mutual Bancorporation (NASDAQ:RMBI) is the third most undervalued bank stock based on WallStreetZen's Valuation Score. Richmond Mutual Bancorporation has a valuation score of 100, which is 53 points higher than the bank industry average of 47. It passed 7 out of 7 valuation due diligence checks.

Richmond Mutual Bancorporation's stock has gained 16.12% in the past year. It has underperformed other stocks in the bank industry by -2 percentage points.

Are bank stocks a good buy now?

37.38% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 14.9% 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 -9.5x.

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.