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
PFIS	PEOPLES FINANCIAL SERVICES CORP	NASDAQ	Banks - Regional	$261.10M	$36.99	-0.13%	$36.00M	9.61x	9.99
CBU	COMMUNITY BANK SYSTEM INC	NYSE	Banks - Regional	$2.27B	$42.48	2.29%	$196.58M	17.34x	8.16
CNOB	CONNECTONE BANCORP INC	NASDAQ	Banks - Regional	$695.11M	$18.10	0.56%	$122.90M	8.70x	7.10
IBTX	INDEPENDENT BANK GROUP INC	NASDAQ	Banks - Regional	$1.66B	$40.12	1.44%	$70.79M	38.21x	6.92
FNLC	FIRST BANCORP INC	NASDAQ	Banks - Regional	$246.64M	$22.16	-0.36%	$37.81M	8.27x	11.12
HFWA	HERITAGE FINANCIAL CORP	NASDAQ	Banks - Regional	$612.60M	$17.55	1.21%	$78.52M	9.97x	7.41
CZFS	CITIZENS FINANCIAL SERVICES INC	NASDAQ	Banks - Regional	$203.67M	$43.27	-1.66%	$23.04M	10.66x	9.64
BPRN	PRINCETON BANCORP INC	NASDAQ	Banks - Regional	$187.01M	$29.51	-0.57%	$32.31M	7.20x	6.98
IBN	ICICI BANK LTD	NYSE	Banks - Regional	$88.79B	$25.43	-0.78%	$10.50B	21.37x	8.16
WAL	WESTERN ALLIANCE BANCORPORATION	NYSE	Banks - Regional	$6.14B	$55.74	0.45%	$1.02B	8.51x	10.66
BPOP	POPULAR INC	NASDAQ	Banks - Regional	$5.91B	$81.83	1.19%	$735.81M	10.87x	12.75
FCCO	FIRST COMMUNITY CORP	NASDAQ	Banks - Regional	$121.68M	$15.95	0.00%	$16.96M	10.22x	12.95
HWC	HANCOCK WHITNEY CORP	NASDAQ	Banks - Regional	$3.69B	$42.73	0.16%	$536.40M	9.47x	8.35
FLIC	FIRST OF LONG ISLAND CORP	NASDAQ	Banks - Regional	$228.45M	$10.17	0.59%	$35.22M	8.77x	10.14
AFBI	AFFINITY BANCSHARES INC	NASDAQ	Banks - Regional	$107.48M	$16.75	0.36%	$9.12M	16.75x	5.94
THFF	FIRST FINANCIAL CORP	NASDAQ	Banks - Regional	$416.21M	$35.23	0.66%	$79.02M	6.94x	8.19
NWFL	NORWOOD FINANCIAL CORP	NASDAQ	Banks - Regional	$190.99M	$23.55	-1.83%	$22.61M	11.32x	11.16
OCFC	OCEANFIRST FINANCIAL CORP	NASDAQ	Banks - Regional	$860.13M	$14.59	0.83%	$153.04M	8.58x	7.15
VBNK	VERSABANK	NASDAQ	Banks - Regional	$253.15M	$9.75	-2.60%	$46.54M	7.76x	10.08
PEBK	PEOPLES BANCORP OF NORTH CAROLINA INC	NASDAQ	Banks - Regional	$151.68M	$27.80	0.91%	$23.05M	9.69x	12.52
WASH	WASHINGTON TRUST BANCORP INC	NASDAQ	Banks - Regional	$419.70M	$24.64	1.69%	$61.24M	8.74x	14.24
WSBC	WESBANCO INC	NASDAQ	Banks - Regional	$1.64B	$27.56	0.80%	$208.48M	10.98x	5.99
RRBI	RED RIVER BANCSHARES INC	NASDAQ	Banks - Regional	$317.39M	$44.75	-1.26%	$45.69M	9.19x	9.30
CVBF	CVB FINANCIAL CORP	NASDAQ	Banks - Regional	$2.23B	$15.98	0.82%	$333.60M	10.05x	6.71
FNCB	FNCB BANCORP INC	NASDAQ	Banks - Regional	$106.89M	$5.40	2.66%	$17.03M	8.18x	12.98
CALB	CALIFORNIA BANCORP	NASDAQ	Banks - Regional	$180.47M	$21.45	-0.56%	$31.56M	8.31x	9.11
ALRS	ALERUS FINANCIAL CORP	NASDAQ	Banks - Regional	$392.78M	$19.90	-0.10%	$24.36M	33.73x	9.59
SBSI	SOUTHSIDE BANCSHARES INC	NASDAQ	Banks - Regional	$823.56M	$27.22	0.96%	$111.71M	9.65x	9.71
BANR	BANNER CORP	NASDAQ	Banks - Regional	$1.50B	$43.73	1.34%	$248.72M	8.17x	8.48
GCBC	GREENE COUNTY BANCORP INC	NASDAQ	Banks - Regional	$466.54M	$27.40	0.51%	$31.26M	17.34x	13.01
IBCP	INDEPENDENT BANK CORP	NASDAQ	Banks - Regional	$492.95M	$23.58	1.64%	$83.70M	8.36x	12.02
BHB	BAR HARBOR BANKSHARES	NYSEMKT	Banks - Regional	$362.31M	$23.86	0.59%	$63.43M	8.06x	8.19
MGYR	MAGYAR BANCORP INC	NASDAQ	Banks - Regional	$72.53M	$10.90	0.00%	$11.35M	9.24x	7.61
PROV	PROVIDENT FINANCIAL HOLDINGS INC	NASDAQ	Banks - Regional	$93.09M	$13.44	0.60%	$14.70M	11.69x	9.04
CUBI	CUSTOMERS BANCORP INC	NYSE	Banks - Regional	$1.47B	$46.83	0.86%	$362.55M	6.25x	12.01
UVSP	UNIVEST FINANCIAL CORP	NASDAQ	Banks - Regional	$548.94M	$18.59	0.81%	$93.75M	7.68x	8.27
PDLB	PONCE FINANCIAL GROUP INC	NASDAQ	Banks - Regional	$189.37M	$7.96	-0.25%	$10.38M	53.07x	4.60
BOH	BANK OF HAWAII CORP	NYSE	Banks - Regional	$2.24B	$56.38	0.23%	$260.11M	13.55x	15.78
BYFC	BROADWAY FINANCIAL CORP	NASDAQ	Banks - Regional	$46.67M	$5.03	0.60%	$7.24M	10.48x	3.44
WTBA	WEST BANCORPORATION INC	NASDAQ	Banks - Regional	$271.95M	$16.26	2.91%	$31.64M	11.29x	16.00
CHMG	CHEMUNG FINANCIAL CORP	NASDAQ	Banks - Regional	$187.37M	$39.44	-0.90%	$34.30M	7.47x	12.88
CZNC	CITIZENS & NORTHERN CORP	NASDAQ	Banks - Regional	$265.89M	$17.29	1.47%	$32.63M	11.01x	8.59
COFS	CHOICEONE FINANCIAL SERVICES INC	NASDAQ	Banks - Regional	$171.45M	$22.70	-3.32%	$38.00M	8.05x	12.17
OBT	ORANGE COUNTY BANCORP INC	NASDAQ	Banks - Regional	$243.55M	$43.05	-5.59%	$39.12M	8.22x	14.03
SFBC	SOUND FINANCIAL BANCORP INC	NASDAQ	Banks - Regional	$102.96M	$40.24	-0.02%	$10.65M	13.97x	8.89
FMBH	FIRST MID BANCSHARES INC	NASDAQ	Banks - Regional	$713.34M	$29.86	1.84%	$103.31M	9.42x	8.57
PRK	PARK NATIONAL CORP	NYSEMKT	Banks - Regional	$2.02B	$125.27	0.42%	$172.28M	15.98x	7.59
FNWB	FIRST NORTHWEST BANCORP	NASDAQ	Banks - Regional	$96.79M	$10.25	-1.73%	$4.45M	39.42x	12.48
VBFC	VILLAGE BANK & TRUST FINANCIAL CORP	NASDAQ	Banks - Regional	$62.09M	$41.59	1.61%	$2.77M	32.24x	9.90
RBB	RBB BANCORP	NASDAQ	Banks - Regional	$315.64M	$16.95	1.80%	$69.87M	7.57x	6.88
FGBI	FIRST GUARANTY BANCSHARES INC	NASDAQ	Banks - Regional	$121.30M	$9.70	-0.51%	$15.92M	15.65x	13.23
FSFG	FIRST SAVINGS FINANCIAL GROUP INC	NASDAQ	Banks - Regional	$100.84M	$14.65	-2.66%	$8.20M	16.28x	13.03
WNEB	WESTERN NEW ENGLAND BANCORP INC	NASDAQ	Banks - Regional	$140.07M	$6.49	0.62%	$22.18M	9.27x	9.80
OVBC	OHIO VALLEY BANC CORP	NASDAQ	Banks - Regional	$113.32M	$23.64	-1.46%	$16.83M	8.92x	8.39
BLX	FOREIGN TRADE BANK OF LATIN AMERICA INC	NYSE	Banks - Regional	$1.07B	$29.56	1.30%	$94.76M	11.64x	7.68
TCBI	TEXAS CAPITAL BANCSHARES INC	NASDAQ	Banks - Regional	$2.61B	$55.98	0.11%	$273.51M	16.81x	8.20
FFIC	FLUSHING FINANCIAL CORP	NASDAQ	Banks - Regional	$329.34M	$11.33	1.71%	$46.28M	11.80x	11.75
BHLB	BERKSHIRE HILLS BANCORP INC	NYSE	Banks - Regional	$915.24M	$20.98	2.19%	$91.59M	13.03x	11.28
NKSH	NATIONAL BANKSHARES INC	NASDAQ	Banks - Regional	$164.26M	$27.87	-3.56%	$19.43M	10.48x	10.78
LKFN	LAKELAND FINANCIAL CORP	NASDAQ	Banks - Regional	$1.51B	$59.12	0.75%	$116.51M	16.11x	9.04
AUBN	AUBURN NATIONAL BANCORPORATION INC	NASDAQ	Banks - Regional	$59.39M	$17.00	0.00%	$2.32M	42.50x	11.75
FFNW	FIRST FINANCIAL NORTHWEST INC	NASDAQ	Banks - Regional	$186.52M	$20.33	-0.20%	$9.89M	29.46x	8.31
NBBK	NB BANCORP INC	NASDAQ	Banks - Regional	$574.39M	$13.45	-0.22%	$14.67M	58.48x	4.98
SHG	SHINHAN FINANCIAL GROUP CO LTD	NYSE	Banks - Regional	$15.54B	$30.30	3.31%	$5.09B	5.21x	11.83
SBFG	SB FINANCIAL GROUP INC	NASDAQ	Banks - Regional	$90.41M	$13.32	-0.97%	$17.04M	7.53x	9.80
CPF	CENTRAL PACIFIC FINANCIAL CORP	NYSE	Banks - Regional	$505.74M	$18.70	-0.11%	$84.47M	8.62x	14.17
IROQ	IF BANCORP INC	NASDAQ	Banks - Regional	$54.76M	$16.32	0.00%	$3.22M	25.50x	11.35
ISTR	INVESTAR HOLDING CORP	NASDAQ	Banks - Regional	$153.58M	$15.70	0.26%	$24.21M	9.29x	11.41
FRST	PRIMIS FINANCIAL CORP	NASDAQ	Banks - Regional	$260.15M	$10.54	0.48%	$18.54M	52.70x	8.96
GNTY	GUARANTY BANCSHARES INC	NYSE	Banks - Regional	$326.43M	$28.30	2.39%	$41.94M	11.01x	9.50
HWBK	HAWTHORN BANCSHARES INC	NASDAQ	Banks - Regional	$147.22M	$20.97	2.29%	$2.54M	149.79x	12.78
INBK	FIRST INTERNET BANCORP	NASDAQ	Banks - Regional	$268.59M	$31.03	0.10%	$10.69M	32.66x	13.24
WSBF	WATERSTONE FINANCIAL INC	NASDAQ	Banks - Regional	$222.39M	$11.09	1.37%	$14.33M	23.60x	5.43
FULT	FULTON FINANCIAL CORP	NASDAQ	Banks - Regional	$2.34B	$14.43	-0.41%	$381.72M	8.69x	8.99
BOKF	BOK FINANCIAL CORP	NASDAQ	Banks - Regional	$5.56B	$85.43	0.35%	$792.75M	10.65x	8.69
RBKB	RHINEBECK BANCORP INC	NASDAQ	Banks - Regional	$85.26M	$7.70	-0.26%	$7.11M	18.78x	10.55
KRNY	KEARNY FINANCIAL CORP	NASDAQ	Banks - Regional	$356.98M	$5.54	0.00%	$35.48M	19.10x	8.31
ZION	ZIONS BANCORPORATION NATIONAL ASSOCIATION	NASDAQ	Banks - Regional	$5.81B	$39.24	-0.30%	$1.03B	9.02x	14.32
NWBI	NORTHWEST BANCSHARES INC	NASDAQ	Banks - Regional	$1.37B	$10.78	0.65%	$199.58M	10.17x	8.30
GBCI	GLACIER BANCORP INC	NYSE	Banks - Regional	$3.98B	$35.10	0.80%	$304.75M	17.46x	8.19
GSBC	GREAT SOUTHERN BANCORP INC	NASDAQ	Banks - Regional	$597.29M	$50.91	1.64%	$94.66M	9.01x	9.17
FDBC	FIDELITY D & D BANCORP INC	NASDAQ	Banks - Regional	$262.22M	$45.73	1.17%	$25.96M	14.25x	12.21
MCBS	METROCITY BANKSHARES INC	NASDAQ	Banks - Regional	$570.90M	$22.65	0.04%	$74.66M	11.05x	8.18
PNC	PNC FINANCIAL SERVICES GROUP INC	NYSE	Banks - Regional	$58.83B	$147.89	0.43%	$6.88B	11.55x	9.99
TMP	TOMPKINS FINANCIAL CORP	NYSEMKT	Banks - Regional	$629.40M	$43.69	0.41%	$23.73M	66.20x	10.70
NIC	NICOLET BANKSHARES INC	NYSE	Banks - Regional	$1.15B	$76.98	1.34%	$105.04M	18.46x	7.15
FSBC	FIVE STAR BANCORP	NASDAQ	Banks - Regional	$372.23M	$21.45	0.09%	$68.23M	7.72x	11.57
WF	WOORI FINANCIAL GROUP INC	NYSE	Banks - Regional	$7.12B	$29.36	1.80%	$3.35B	3.00x	15.61
BAP	CREDICORP LTD	NYSE	Banks - Regional	$15.28B	$161.88	0.55%	$1.99B	10.36x	7.15
EQBK	EQUITY BANCSHARES INC	NYSE	Banks - Regional	$480.58M	$31.13	-2.11%	$11.24M	62.26x	10.12
FVCB	FVCBANKCORP INC	NASDAQ	Banks - Regional	$189.50M	$10.60	1.44%	$4.83M	48.18x	9.09
GLBZ	GLEN BURNIE BANCORP	NASDAQ	Banks - Regional	$14.73M	$5.10	-1.28%	$1.62M	10.20x	17.21
CFFN	CAPITOL FEDERAL FINANCIAL INC	NASDAQ	Banks - Regional	$690.06M	$5.16	0.78%	-$146.86M	-6.00x	8.26
MYFW	FIRST WESTERN FINANCIAL INC	NASDAQ	Banks - Regional	$131.33M	$13.65	0.00%	$9.44M	24.82x	11.26
TFSL	TFS FINANCIAL CORP	NASDAQ	Banks - Regional	$3.32B	$11.84	0.08%	$109.86M	45.54x	8.14
FNWD	FINWARD BANCORP	NASDAQ	Banks - Regional	$106.70M	$24.82	0.20%	$15.21M	12.66x	13.31
PGC	PEAPACK GLADSTONE FINANCIAL CORP	NASDAQ	Banks - Regional	$410.08M	$23.10	0.70%	$72.29M	8.43x	10.10
USCB	USCB FINANCIAL HOLDINGS INC	NASDAQ	Banks - Regional	$204.36M	$10.40	-1.05%	$22.39M	12.38x	11.19
ATLO	AMES NATIONAL CORP	NASDAQ	Banks - Regional	$171.39M	$19.06	0.32%	$14.64M	15.88x	12.00
AMTB	AMERANT BANCORP INC	NYSE	Banks - Regional	$715.27M	$21.29	2.36%	$49.87M	21.95x	12.20

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.