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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
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
BWFG
BANKWELL FINANCIAL GROUP INC
NASDAQ
Banks - Regional
$198.36M$24.99-0.32%$51.67M5.31x11.10
FHB
FIRST HAWAIIAN INC
NASDAQ
Banks - Regional
$2.83B$22.211.14%$351.94M12.07x9.03
GABC
GERMAN AMERICAN BANCORP INC
NASDAQ
Banks - Regional
$981.32M$33.17-0.15%$113.21M11.40x8.27
NRIM
NORTHRIM BANCORP INC
NASDAQ
Banks - Regional
$258.32M$46.971.71%$36.07M10.37x10.96
FBP
FIRST BANCORP
NYSE
Banks - Regional
$2.96B$17.703.15%$425.67M10.29x11.63
FFIN
FIRST FINANCIAL BANKSHARES INC
NASDAQ
Banks - Regional
$4.35B$30.48-0.10%$255.88M21.93x7.74
BFC
BANK FIRST CORP
NASDAQ
Banks - Regional
$796.55M$78.54-0.93%$107.19M10.79x5.81
ACNB
ACNB CORP
NASDAQ
Banks - Regional
$289.01M$33.98-0.79%$43.21M9.13x7.72
UNTY
UNITY BANCORP INC
NASDAQ
Banks - Regional
$281.31M$27.740.40%$55.38M7.13x8.86
RMBI
RICHMOND MUTUAL BANCORPORATION INC
NASDAQ
Banks - Regional
$130.17M$11.711.04%$12.19M12.87x9.83
OPHC
OPTIMUMBANK HOLDINGS INC
NASDAQ
Banks - Regional
$32.89M$4.180.00%$9.02M4.80x10.30
BMRC
BANK OF MARIN BANCORP
NASDAQ
Banks - Regional
$256.83M$15.860.76%$29.48M12.79x7.66
COLB
COLUMBIA BANKING SYSTEM INC
NASDAQ
Banks - Regional
$4.01B$19.210.68%$615.45M10.73x9.45
BMA
MACRO BANK INC
NYSE
Banks - Regional
$3.13B$48.98-5.93%$342.03M16.71x3.08
HFBL
HOME FEDERAL BANCORP INC OF LOUISIANA
NASDAQ
Banks - Regional
$37.54M$11.942.67%$6.37M8.01x11.44
CATC
CAMBRIDGE BANCORP
NASDAQ
Banks - Regional
$507.83M$64.721.59%$47.60M14.88x9.14
LCNB
LCNB CORP
NASDAQ
Banks - Regional
$201.80M$15.260.20%$18.25M13.87x8.74
LYG
LLOYDS BANKING GROUP PLC
NYSE
Banks - Regional
$40.37B$2.54-0.78%$8.76B6.60x17.69
MOFG
MIDWESTONE FINANCIAL GROUP INC
NASDAQ
Banks - Regional
$337.85M$21.450.47%$37.41M16.13x11.26
FMNB
FARMERS NATIONAL BANC CORP
NASDAQ
Banks - Regional
$464.82M$12.38-1.98%$66.03M9.24x11.56
FBMS
FIRST BANCSHARES INC
NASDAQ
Banks - Regional
$789.44M$25.280.28%$108.90M10.49x7.43
FCBC
FIRST COMMUNITY BANKSHARES INC
NASDAQ
Banks - Regional
$623.20M$33.742.15%$67.66M12.64x5.49
AUB
ATLANTIC UNION BANKSHARES CORP
NYSE
Banks - Regional
$2.49B$33.110.70%$252.81M13.09x7.28
VABK
VIRGINIA NATIONAL BANKSHARES CORP
NASDAQ
Banks - Regional
$132.60M$24.60-0.08%$28.04M6.83x9.76
SHBI
SHORE BANCSHARES INC
NASDAQ
Banks - Regional
$354.36M$10.670.19%$25.12M25.40x10.76
FIBK
FIRST INTERSTATE BANCSYSTEM INC
NASDAQ
Banks - Regional
$2.76B$26.570.19%$390.60M10.71x8.50
NECB
NORTHEAST COMMUNITY BANCORP INC
NASDAQ
Banks - Regional
$217.32M$15.45-1.02%$65.96M4.65x5.32
AROW
ARROW FINANCIAL CORP
NASDAQ
Banks - Regional
$380.22M$22.97-0.78%$44.24M12.98x9.98
CATY
CATHAY GENERAL BANCORP
NASDAQ
Banks - Regional
$2.58B$35.531.83%$421.69M7.28x7.43
CAC
CAMDEN NATIONAL CORP
NASDAQ
Banks - Regional
$451.72M$31.011.01%$59.52M10.41x10.54
SMBK
SMARTFINANCIAL INC
NYSE
Banks - Regional
$354.47M$20.782.82%$49.72M12.22x9.50
FUNC
FIRST UNITED CORP
NASDAQ
Banks - Regional
$147.48M$22.20-0.31%$24.39M9.87x10.77
SFBS
SERVISFIRST BANCSHARES INC
NYSE
Banks - Regional
$3.43B$63.040.67%$249.02M16.59x10.20
FRME
FIRST MERCHANTS CORP
NASDAQ
Banks - Regional
$2.08B$35.050.95%$270.94M9.37x7.19
NFBK
NORTHFIELD BANCORP INC
NASDAQ
Banks - Regional
$399.29M$8.980.79%$60.29M10.44x7.00
WAFD
WAFD INC
NASDAQ
Banks - Regional
$1.84B$28.39-0.70%$294.10M8.33x8.23
EGBN
EAGLE BANCORP INC
NASDAQ
Banks - Regional
$665.62M$22.24-0.13%$131.00M6.72x8.15
HMNF
HMN FINANCIAL INC
NASDAQ
Banks - Regional
$87.02M$19.50-0.51%$10.51M14.13x9.28
TSBK
TIMBERLAND BANCORP INC
NASDAQ
Banks - Regional
$213.79M$26.325.83%$34.83M8.28x6.98
PKBK
PARKE BANCORP INC
NASDAQ
Banks - Regional
$198.51M$16.600.61%$38.15M6.97x6.12
BFIN
BANKFINANCIAL CORP
NASDAQ
Banks - Regional
$126.60M$10.160.40%$14.29M13.73x8.57
SSB
SOUTHSTATE CORP
NYSE
Banks - Regional
$6.11B$80.140.38%$689.68M12.33x7.12
MBCN
MIDDLEFIELD BANC CORP
NASDAQ
Banks - Regional
$183.41M$22.73-0.09%$21.80M10.62x7.86
SRCE
1ST SOURCE CORP
NASDAQ
Banks - Regional
$1.25B$50.960.37%$177.14M10.13x7.74
MNSB
MAINSTREET BANCSHARES INC
NASDAQ
Banks - Regional
$120.99M$15.89-2.87%$35.57M4.89x8.19
FRAF
FRANKLIN FINANCIAL SERVICES CORP
NASDAQ
Banks - Regional
$132.13M$30.140.97%$17.77M9.69x12.90
ECBK
ECB BANCORP INC
NASDAQ
Banks - Regional
$115.17M$12.46-0.32%$6.26M23.51x6.76
CVLY
CODORUS VALLEY BANCORP INC
NASDAQ
Banks - Regional
$217.44M$22.551.26%$34.20M8.67x10.00
UBCP
UNITED BANCORP INC
NASDAQ
Banks - Regional
$73.91M$12.960.08%$10.64M8.25x11.89
BCML
BAYCOM CORP
NASDAQ
Banks - Regional
$230.53M$20.100.25%$41.12M8.85x7.16
CCNE
CNB FINANCIAL CORP
NASDAQ
Banks - Regional
$406.62M$19.340.47%$79.57M7.55x9.07
CTBI
COMMUNITY TRUST BANCORP INC
NASDAQ
Banks - Regional
$781.02M$43.340.93%$103.92M9.94x7.22
BCH
BANK OF CHILE
NYSE
Banks - Regional
$11.26B$22.29-1.46%$2.26B6.27x9.15
CFB
CROSSFIRST BANKSHARES INC
NASDAQ
Banks - Regional
$627.18M$12.710.71%$93.57M9.41x9.42
EBTC
ENTERPRISE BANCORP INC
NASDAQ
Banks - Regional
$304.51M$24.801.51%$57.43M7.97x12.57
CHCO
CITY HOLDING CO
NASDAQ
Banks - Regional
$1.57B$106.142.21%$147.66M13.93x8.11
CWBC
COMMUNITY WEST BANCSHARES
NASDAQ
Banks - Regional
$212.62M$17.97-1.59%$41.85M8.28x10.75
FCF
FIRST COMMONWEALTH FINANCIAL CORP
NYSE
Banks - Regional
$1.40B$13.741.18%$201.66M8.86x7.72
RNST
RENASANT CORP
NYSE
Banks - Regional
$1.72B$30.660.49%$212.42M11.88x6.56
OPOF
OLD POINT FINANCIAL CORP
NASDAQ
Banks - Regional
$74.35M$14.75-0.94%$11.64M9.58x12.55
HAFC
HANMI FINANCIAL CORP
NASDAQ
Banks - Regional
$458.24M$15.14-3.20%$123.83M5.76x9.79
HTBI
HOMETRUST BANCSHARES INC
NASDAQ
Banks - Regional
$457.40M$26.223.88%$72.92M8.80x8.35
HTH
HILLTOP HOLDINGS INC
NYSE
Banks - Regional
$1.99B$30.540.03%$166.40M17.86x6.59
PB
PROSPERITY BANCSHARES INC
NYSE
Banks - Regional
$6.09B$65.083.80%$565.42M14.43x4.45
MBWM
MERCANTILE BANK CORP
NASDAQ
Banks - Regional
$594.54M$36.89-0.16%$114.20M7.19x9.25
DB
DEUTSCHE BANK AKTIENGESELLSCHAFT
NYSE
Banks - Regional
$32.83B$16.48-0.12%$8.52B5.36x18.80
NBTB
NBT BANCORP INC
NASDAQ
Banks - Regional
$1.69B$35.90-0.33%$175.73M13.45x8.34
SASR
SANDY SPRING BANCORP INC
NASDAQ
Banks - Regional
$966.21M$21.50-1.87%$186.14M7.85x7.83
BVFL
BV FINANCIAL INC
NASDAQ
Banks - Regional
$120.81M$10.621.14%$19.67M7.22x3.45
FMAO
FARMERS & MERCHANTS BANCORP INC
NASDAQ
Banks - Regional
$291.05M$21.300.52%$34.13M12.75x9.37
FBNC
FIRST BANCORP
NASDAQ
Banks - Regional
$1.42B$34.501.14%$149.81M13.58x7.83
EBMT
EAGLE BANCORP MONTANA INC
NASDAQ
Banks - Regional
$103.10M$12.861.30%$19.55M9.97x11.26
PWOD
PENNS WOODS BANCORP INC
NASDAQ
Banks - Regional
$129.84M$17.28-2.81%$23.27M7.38x10.51
UBSI
UNITED BANKSHARES INC
NASDAQ
Banks - Regional
$4.69B$34.760.52%$486.91M12.78x5.27
CBSH
COMMERCE BANCSHARES INC
NASDAQ
Banks - Regional
$7.26B$55.921.49%$661.12M15.36x9.76
UNB
UNION BANKSHARES INC
NASDAQ
Banks - Regional
$125.46M$27.760.60%$14.52M11.10x21.32
PBBK
PB BANKSHARES INC
NASDAQ
Banks - Regional
$32.15M$12.201.67%$2.79M15.64x8.36
UMBF
UMB FINANCIAL CORP
NASDAQ
Banks - Regional
$4.13B$84.781.24%$480.33M11.74x13.20
BRKL
BROOKLINE BANCORP INC
NASDAQ
Banks - Regional
$848.05M$9.54-0.21%$102.07M11.22x8.50
HOPE
HOPE BANCORP INC
NASDAQ
Banks - Regional
$1.33B$11.070.64%$193.46M9.97x8.02
IBN
ICICI BANK LTD
NYSE
Banks - Regional
$91.44B$26.19-0.38%$10.50B22.01x8.16
SSBK
SOUTHERN STATES BANCSHARES INC
NASDAQ
Banks - Regional
$214.51M$24.18-1.51%$42.52M6.66x10.38
PBHC
PATHFINDER BANCORP INC
NASDAQ
Banks - Regional
$77.96M$12.784.33%$13.00M8.46x11.26
BSVN
BANK7 CORP
NASDAQ
Banks - Regional
$249.25M$26.98-2.03%$38.53M8.73x9.40
FHN
FIRST HORIZON CORP
NYSE
Banks - Regional
$8.34B$14.930.34%$1.21B9.45x8.05
BSAC
BANCO SANTANDER CHILE
NYSE
Banks - Regional
$10.31B$18.23-0.05%$838.17M14.51x12.60
PFS
PROVIDENT FINANCIAL SERVICES INC
NYSE
Banks - Regional
$1.18B$15.550.19%$197.97M9.04x7.41
BSRR
SIERRA BANCORP
NASDAQ
Banks - Regional
$309.07M$20.904.71%$49.70M8.82x10.03
LBAI
LAKELAND BANCORP INC
NASDAQ
Banks - Regional
$835.06M$12.84-0.08%$122.55M9.95x8.53
TRMK
TRUSTMARK CORP
NASDAQ
Banks - Regional
$1.79B$29.366.57%$233.09M10.83x10.27
HNVR
HANOVER BANCORP INC
NASDAQ
Banks - Regional
$121.31M$16.78-0.71%$22.36M9.07x11.28
MRBK
MERIDIAN CORP
NASDAQ
Banks - Regional
$100.11M$8.956.55%$17.40M7.52x13.21
HBT
HBT FINANCIAL INC
NASDAQ
Banks - Regional
$600.90M$18.990.26%$94.36M9.13x9.36
FNB
FNB CORP
NYSE
Banks - Regional
$4.91B$13.670.29%$662.00M10.36x6.63
FXNC
FIRST NATIONAL CORP
NASDAQ
Banks - Regional
$94.41M$15.04-2.37%$13.42M9.77x11.21
HTLF
HEARTLAND FINANCIAL USA INC
NASDAQ
Banks - Regional
$1.54B$36.020.28%$117.16M21.44x9.04
RVSB
RIVERVIEW BANCORP INC
NASDAQ
Banks - Regional
$93.94M$4.451.83%$15.32M9.47x9.04
CNOB
CONNECTONE BANCORP INC
NASDAQ
Banks - Regional
$757.71M$19.731.65%$122.90M9.49x7.10
CZFS
CITIZENS FINANCIAL SERVICES INC
NASDAQ
Banks - Regional
$207.48M$44.08-0.94%$23.04M10.86x9.64
WAL
WESTERN ALLIANCE BANCORPORATION
NYSE
Banks - Regional
$6.54B$59.37-0.75%$1.02B9.06x10.66

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. Cb Financial Services (NASDAQ:CBFV)


Cb Financial Services (NASDAQ:CBFV) 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 21 out of 38 due diligence checks and has strong fundamentals. Cb Financial Services has seen its stock return 0.12% over the past year, underperforming other bank stocks by -15 percentage points.

Cb Financial Services has an average 1 year price target of $24.50, an upside of 13.85% from Cb Financial Services's current stock price of $21.52.

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.

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 19.5% over the past year, overperforming other bank stocks by 4 percentage points.

Webster Financial has an average 1 year price target of $59.00, an upside of 29.56% from Webster Financial's current stock price of $45.54.

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.

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 40.02% over the past year, overperforming other bank stocks by 24 percentage points.

Orrstown Financial Services has an average 1 year price target of $32.00, an upside of 21.95% from Orrstown Financial Services's current stock price of $26.24.

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 3.81%.

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 18.3%, which is 14 percentage points higher than the bank industry average of 3.81%. 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 11.04%, which is 7 percentage points higher than the bank industry average of 3.81%. 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 0.4% in the last day, and up 5.78% over the last week.

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

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 27.38% in the past year. It has overperformed other stocks in the bank industry by 12 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 -7.8% in the past year. It has underperformed other stocks in the bank industry by -23 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 3.19% in the past year. It has underperformed other stocks in the bank industry by -12 percentage points.

Are bank stocks a good buy now?

36.89% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 12.13% 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 -10.44x.
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.