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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
Price
Volume
Vol 1d %
SMA 10
SMA 20
SMA 50
SMA 100
SMA 200
RSI
Stochastic %K
Stochastic %D
StochRSI %K
StochRSI %D
MACD
MACD Signal
MACD Histogram
Beta
CNOB
CONNECTONE BANCORP INC
$17.91133,642-18.91%18.5718.4919.0920.7119.6740.3026.7939.8330.0241.81-0.21-0.230.021.12
PFIS
PEOPLES FINANCIAL SERVICES CORP
$37.879,204-4.61%38.0238.1339.5542.5843.0043.6459.7459.9263.6267.09-0.53-0.650.121.07
CBU
COMMUNITY BANK SYSTEM INC
$43.22275,75113.89%43.9244.1545.0346.9446.1642.7550.9857.0864.2276.20-0.38-0.450.060.89
BPRN
PRINCETON BANCORP INC
$29.1512,812152.11%29.7829.8230.3232.3231.3039.3542.0145.2761.6765.40-0.23-0.250.010.89
FCCO
FIRST COMMUNITY CORP
$16.5322,39922.81%16.3716.3916.7217.9417.8349.2574.1268.6785.9080.05-0.10-0.180.080.38
PEBK
PEOPLES BANCORP OF NORTH CAROLINA INC
$29.097,94977.75%28.2928.0227.5027.9625.2078.2199.6298.37100.00100.000.340.210.130.84
NWFL
NORWOOD FINANCIAL CORP
$24.099,712145.50%24.1524.3225.6927.8227.7443.5640.5238.0785.2082.62-0.52-0.610.100.76
VABK
VIRGINIA NATIONAL BANKSHARES CORP
$28.2133,741-46.00%25.3626.4228.4431.7332.3259.3266.8242.9695.9577.47-0.74-1.120.380.22
AFBI
AFFINITY BANCSHARES INC
$16.743,71058.68%16.7016.4816.5416.3015.3354.0582.3383.9872.9080.770.080.050.030.11
VBNK
VERSABANK
$10.058,7525.92%9.8610.0610.5910.639.2846.7849.5339.6592.5380.41-0.18-0.230.050.34
WNEB
WESTERN NEW ENGLAND BANCORP INC
$6.04162,600181.46%6.426.687.437.997.4129.248.8818.5762.3878.68-0.34-0.34-0.000.96
WASH
WASHINGTON TRUST BANCORP INC
$25.4699,06527.70%25.6425.3325.7027.7027.5348.2750.6056.9063.8474.210.01-0.100.110.96
SRCE
1ST SOURCE CORP
$49.6071,42016.97%49.7949.6350.1151.3248.3348.2256.7667.4456.0669.81-0.05-0.170.120.95
TCBI
TEXAS CAPITAL BANCSHARES INC
$57.40317,971-9.87%58.2057.9358.8260.1759.6145.1853.2061.7750.2260.01-0.22-0.300.081.31
FLIC
FIRST OF LONG ISLAND CORP
$9.47144,652-31.55%10.2710.3410.6911.6011.8531.5922.6042.3121.5444.87-0.21-0.16-0.050.90
FNCB
FNCB BANCORP INC
$5.5314,962-26.09%5.495.495.736.126.0746.8382.5378.3690.1790.62-0.07-0.090.031.17
BOH
BANK OF HAWAII CORP
$56.69273,34815.33%57.8458.5660.0163.5758.0738.8834.0440.6748.2658.53-0.75-0.760.011.05
WSBC
WESBANCO INC
$27.00158,13836.12%27.8727.9528.4829.1627.4839.3521.7431.6626.2136.78-0.29-0.23-0.060.99
FMAO
FARMERS & MERCHANTS BANCORP INC
$20.5010,968-27.60%20.8320.7620.7421.8420.5146.9854.2555.2267.1871.82-0.00-0.040.041.09
TCBK
TRICO BANCSHARES
$34.77123,866-3.38%33.8933.6334.2436.7635.6354.8679.3275.9785.0982.23-0.01-0.250.240.94
OCFC
OCEANFIRST FINANCIAL CORP
$14.76209,1150.54%15.0515.1115.2616.0315.7643.6549.9055.8957.5169.46-0.10-0.120.010.95
CVBF
CVB FINANCIAL CORP
$16.34957,44435.86%16.4916.5116.9317.9017.5445.0847.0551.9955.8562.90-0.14-0.170.030.86
ALRS
ALERUS FINANCIAL CORP
$19.7058,20716.26%20.4320.4421.2021.5020.0136.1523.5138.2328.1645.78-0.28-0.28-0.010.71
CPF
CENTRAL PACIFIC FINANCIAL CORP
$19.94188,54611.95%19.7119.4119.1819.2418.1356.3963.1873.6257.6172.980.270.160.111.10
GCBC
GREENE COUNTY BANCORP INC
$29.4217,061118.12%28.8127.7227.7927.6527.6358.9691.4187.5084.6585.020.580.310.260.71
BHB
BAR HARBOR BANKSHARES
$25.0834,41277.82%25.1324.9025.0526.3325.7949.8673.7578.8282.5789.500.08-0.030.111.12
IBCP
INDEPENDENT BANK CORP
$24.8165,36343.34%24.6024.2124.3024.7422.2055.3973.6078.1378.5384.290.200.050.141.01
BANR
BANNER CORP
$43.63154,50238.96%44.8144.9945.3547.4545.8440.3353.6262.3550.9367.19-0.29-0.27-0.021.21
MPB
MID PENN BANCORP INC
$20.2323,795-41.07%20.4320.0820.2521.6021.4449.5064.4670.5379.8988.830.120.010.111.14
CALB
CALIFORNIA BANCORP
$21.7024,151102.13%21.6621.7222.4123.3021.6044.5165.3165.6885.7193.62-0.16-0.250.090.40
CHMG
CHEMUNG FINANCIAL CORP
$42.176,30623.19%42.6441.4441.9144.8343.1650.9356.4162.9262.9570.230.340.080.250.93
SFBC
SOUND FINANCIAL BANCORP INC
$39.99412-44.70%39.5940.0640.1739.6038.2150.4521.077.4233.2911.90-0.26-0.18-0.080.28
SBSI
SOUTHSIDE BANCSHARES INC
$26.66166,75227.17%27.6027.5028.1829.5629.4737.6718.7234.8019.7039.63-0.26-0.25-0.020.84
FNLC
FIRST BANCORP INC
$22.0818,44971.78%22.4822.7723.1024.6424.6439.7728.7331.6054.7858.85-0.29-0.27-0.020.95
EBMT
EAGLE BANCORP MONTANA INC
$12.801,985-66.06%12.6612.6412.8213.6213.0052.9572.5175.3081.8287.44-0.03-0.080.050.38
OBT
ORANGE COUNTY BANCORP INC
$43.218,517193.79%11.5311.7512.8413.7015.0545.0958.2246.9596.5090.40-0.35-0.440.090.28
PROV
PROVIDENT FINANCIAL HOLDINGS INC
$12.942,392-86.60%13.0413.3113.7113.5213.1440.0420.0010.5330.9110.58-0.27-0.21-0.050.62
THFF
FIRST FINANCIAL CORP
$36.4143,58627.01%36.5036.3336.9338.8937.4047.3366.7373.3071.2780.10-0.10-0.220.120.82
CZNC
CITIZENS & NORTHERN CORP
$17.0530,973-29.37%17.5517.5317.9219.4119.2741.0635.9546.0342.3061.19-0.18-0.190.011.04
COFS
CHOICEONE FINANCIAL SERVICES INC
$24.868,29793.49%24.1824.1925.4226.8224.5751.3075.5066.3392.2583.27-0.29-0.510.220.28
HWBK
HAWTHORN BANCSHARES INC
$18.2327,91628.13%19.1620.0520.4322.2319.9934.1216.3921.0317.5023.11-0.64-0.45-0.190.85
MGYR
MAGYAR BANCORP INC
$11.3912,5965,237.29%11.1311.1111.2111.2310.7159.3094.6686.92100.00100.000.04-0.020.060.11
OPOF
OLD POINT FINANCIAL CORP
$14.104,61142.40%14.5414.9316.0516.8417.2733.7012.709.8936.1439.22-0.56-0.53-0.030.42
BYFC
BROADWAY FINANCIAL CORP
$4.9620,133744.15%5.045.165.546.016.6442.1049.3043.0691.3993.35-0.17-0.190.020.73
CUBI
CUSTOMERS BANCORP INC
$45.67579,817-4.19%48.0548.9151.1352.1245.0137.1624.8935.4632.2948.06-1.09-0.97-0.121.52
RBB
RBB BANCORP
$17.7638,604-40.71%17.8117.5117.4117.8015.7652.4762.9370.4958.3167.900.160.100.061.05
FMBH
FIRST MID BANCSHARES INC
$30.9644,49811.97%31.0130.6930.7231.8030.1650.6982.1086.5477.3983.920.130.000.120.98
VBFC
VILLAGE BANK & TRUST FINANCIAL CORP
$42.87468667.21%42.0641.5841.4341.1742.5570.13100.00100.00100.00100.000.310.160.150.12
OVBC
OHIO VALLEY BANC CORP
$23.50525-70.49%23.5223.6524.0623.8324.0245.6339.3442.8925.4515.26-0.16-0.14-0.010.88
SUPV
GRUPO SUPERVIELLE SA
$6.331,999,43674.18%5.855.835.294.653.6162.5678.8467.8882.9163.280.200.180.031.28
FGBI
FIRST GUARANTY BANCSHARES INC
$11.23153,739174.74%10.1510.0810.5411.0511.0364.6669.3155.6991.1282.22-0.01-0.140.130.96
FSFG
FIRST SAVINGS FINANCIAL GROUP INC
$16.033,53759.11%15.6015.6416.2616.5516.0652.5976.2370.5799.9595.12-0.14-0.250.110.45
FNWB
FIRST NORTHWEST BANCORP
$10.2540,642241.33%10.6812.1414.1714.5013.8023.6217.5118.0282.6167.38-1.13-1.11-0.020.91
NIC
NICOLET BANKSHARES INC
$76.5339,029-42.28%79.2279.6280.6779.9477.3239.0938.0155.5340.5965.30-0.63-0.48-0.150.91
PRK
PARK NATIONAL CORP
$131.7147,145101.95%131.88129.91130.06130.01116.9352.0069.4477.3960.5070.691.070.480.590.89
ISTR
INVESTAR HOLDING CORP
$16.6857,914-42.05%16.1615.9916.0615.9313.9069.3777.9073.21100.0098.710.110.010.110.88
SBFG
SB FINANCIAL GROUP INC
$13.387,022386.63%13.5513.6113.7914.4914.1343.2258.6371.3866.5283.06-0.09-0.110.030.46
UVSP
UNIVEST FINANCIAL CORP
$20.87266,96741.07%20.0119.6219.8420.3519.2461.6387.9992.8192.9297.640.280.020.270.95
FFIC
FLUSHING FINANCIAL CORP
$11.02123,87011.23%11.5211.5612.1313.9113.8237.7029.5236.8833.6340.90-0.25-0.260.010.93
NKSH
NATIONAL BANKSHARES INC
$26.815,533-20.97%28.3529.4031.4231.6629.0033.1810.4812.7727.0636.69-1.26-1.06-0.200.88
LKFN
LAKELAND FINANCIAL CORP
$58.7771,202-47.34%60.4260.2862.5663.6857.8340.2227.5839.9336.2748.37-0.80-0.810.010.83
FRST
PRIMIS FINANCIAL CORP
$9.7253,250-36.19%10.5210.7411.5711.9310.4522.298.7820.447.7632.17-0.40-0.35-0.051.02
GNTY
GUARANTY BANCSHARES INC
$28.738,126-16.81%29.1429.0829.5630.7330.1244.5975.1080.1283.3189.97-0.11-0.190.080.87
BHLB
BERKSHIRE HILLS BANCORP INC
$21.32309,60547.87%21.7121.5721.8422.8621.9344.2067.5077.6068.8880.90-0.03-0.100.071.19
IROQ
IF BANCORP INC
$16.50279-60.65%16.3516.4116.5716.3015.5453.4646.8831.9783.0364.76-0.06-0.070.020.13
AUBN
AUBURN NATIONAL BANCORPORATION INC
$18.51922-81.28%17.3417.8419.1419.9620.7155.6767.7943.50100.0079.92-0.40-0.590.180.40
NBBK
NB BANCORP INC
$14.62273,891-1.93%N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.21
HNVR
HANOVER BANCORP INC
$16.606,216-59.13%16.1415.1715.6916.6517.3665.5282.7682.5188.1088.410.360.090.270.02
INBK
FIRST INTERNET BANCORP
$31.0543,105-43.50%31.6331.8232.1229.5424.0844.4330.6434.7913.8120.31-0.25-0.13-0.121.30
KB
KB FINANCIAL GROUP INC
$53.97154,936-35.17%50.1949.8151.1946.5843.4560.7990.8785.0596.2794.150.48-0.340.820.92
BOKF
BOK FINANCIAL CORP
$88.73121,496-24.25%89.1388.9187.6185.4482.2650.1256.7364.0153.2161.890.610.530.081.20
WTBA
WEST BANCORPORATION INC
$16.2622,888118.96%16.5516.5417.0318.3818.0641.5150.2558.0866.1975.49-0.17-0.210.040.93
FVCB
FVCBANKCORP INC
$11.5115,665179.93%11.0911.1111.6312.3612.1353.2277.9666.3195.0389.53-0.11-0.220.110.96
WSBF
WATERSTONE FINANCIAL INC
$11.3492,98024.46%11.5411.3611.7112.5712.3347.0253.6063.6453.3765.81-0.01-0.080.060.57
ZION
ZIONS BANCORPORATION NATIONAL ASSOCIATION
$40.781,426,97612.61%40.8941.2340.8441.4338.1647.7260.7760.0761.4762.94-0.00-0.030.021.18
RRBI
RED RIVER BANCSHARES INC
$45.218,5724.82%46.3846.8448.2050.8149.6040.9051.9051.3074.5873.59-0.61-0.670.060.85
TMP
TOMPKINS FINANCIAL CORP
$43.9857,681-2.21%45.3345.5747.4151.4052.1938.7842.1751.7858.9673.79-0.72-0.800.080.95
FFNW
FIRST FINANCIAL NORTHWEST INC
$20.3740,46499.06%20.4220.4320.5718.8815.4046.0642.5355.5643.6768.49-0.02-0.01-0.000.67
RBKB
RHINEBECK BANCORP INC
$7.777,001919.07%7.647.768.138.087.4046.2849.6840.4885.9574.68-0.14-0.160.020.24
MCBS
METROCITY BANKSHARES INC
$22.9824,37894.08%23.6523.5023.7723.7822.0443.6556.7566.0946.1562.20-0.02-0.040.021.05
PCB
PCB BANCORP
$14.5619,26649.37%15.3015.4115.6916.5716.1833.9828.1935.4839.8250.80-0.19-0.16-0.040.99
PNC
PNC FINANCIAL SERVICES GROUP INC
$153.261,632,42717.60%154.05154.50152.72151.34137.7348.0770.9971.4865.1267.750.410.320.091.19
KRNY
KEARNY FINANCIAL CORP
$5.40455,093-16.23%5.705.806.067.087.2936.5119.7630.8839.4855.80-0.16-0.15-0.010.79
GBCI
GLACIER BANCORP INC
$36.18423,082-32.08%36.8637.0837.7838.7634.9843.0751.3154.8956.3563.84-0.31-0.350.041.15
FDBC
FIDELITY D & D BANCORP INC
$45.404,62711.12%46.0746.3547.4250.0848.8643.1343.8047.3445.2549.75-0.48-0.480.010.98
BAP
CREDICORP LTD
$165.61289,62164.71%166.06167.13169.82159.05147.3246.1161.1458.9279.2177.20-0.61-0.800.180.84
SHG
SHINHAN FINANCIAL GROUP CO LTD
$33.7584,942-13.39%32.0431.9133.5531.7629.3256.0093.8383.5196.6993.96-0.14-0.580.440.90
FULT
FULTON FINANCIAL CORP
$16.557,757,778-30.59%15.4515.2815.3415.6514.4566.9181.2884.4495.4198.470.210.010.201.07
GSBC
GREAT SOUTHERN BANCORP INC
$51.4024,36081.01%52.2751.9351.9053.8352.5045.6554.8867.3947.8363.740.060.030.040.87
EQBK
EQUITY BANCSHARES INC
$33.3139,56848.23%33.0032.9732.5532.8529.0953.2569.2673.9566.8871.850.190.120.070.94
GLBZ
GLEN BURNIE BANCORP
$4.942,987-79.80%5.135.185.705.986.3237.0231.7843.0040.1863.03-0.17-0.180.010.22
PDLB
PONCE FINANCIAL GROUP INC
$8.0419,373-12.49%8.218.218.568.938.6638.1728.5137.8543.7753.91-0.12-0.130.010.37
TFSL
TFS FINANCIAL CORP
$12.01271,178-5.06%12.1112.1212.4513.2013.0943.0357.4560.7369.8080.85-0.09-0.120.040.75
FNWD
FINWARD BANCORP
$24.491,186888.33%24.6524.6224.0924.0622.9049.8513.7728.320.0011.110.090.15-0.050.08
USCB
USCB FINANCIAL HOLDINGS INC
$11.1437,974500.57%5.856.126.897.667.2042.8540.1724.6474.0841.49-0.28-0.330.040.29
PGC
PEAPACK GLADSTONE FINANCIAL CORP
$22.3866,954-23.84%23.3523.4223.5725.6326.0640.3711.0813.785.357.43-0.25-0.16-0.091.14
PVBC
PROVIDENT BANCORP INC
$8.9049,18735.50%8.378.429.069.669.6354.5274.0579.9174.9683.30-0.08-0.230.150.73
AMTB
AMERANT BANCORP INC
$21.6687,18623.75%21.9321.8621.8922.7221.0146.9547.3654.2547.2156.29-0.04-0.050.011.12
ATLO
AMES NATIONAL CORP
$19.2511,44523.50%19.3319.4319.3419.8218.8647.0758.8454.6373.2969.91-0.03-0.050.020.81
BMA
MACRO BANK INC
$54.16731,02518.75%50.8350.5845.6837.4230.0363.0971.2756.6467.2742.291.721.74-0.021.15

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 18.91% 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 34.61% from Webster Financial's current stock price of $43.83.

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. Southern Missouri Bancorp (NASDAQ:SMBC)


Southern Missouri Bancorp (NASDAQ:SMBC) 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. Southern Missouri Bancorp has seen its stock return 14.21% over the past year, underperforming other bank stocks by -2 percentage points.

3. Cb Financial Services (NASDAQ:CBFV)


Cb Financial Services (NASDAQ:CBFV) is the third 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 3.93% over the past year, underperforming other bank stocks by -12 percentage points.

Cb Financial Services has an average 1 year price target of $24.50, an upside of 10.31% from Cb Financial Services's current stock price of $22.21.

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.

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 3.92%.

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 21.13%, which is 17 percentage points higher than the bank industry average of 3.92%. 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 10.82%, which is 7 percentage points higher than the bank industry average of 3.92%. 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 down?

Bank stocks were down -1.21% in the last day, and down -1.72% over the last week. Itau Unibanco Holding Sa was the among the top losers in the banks - regional industry, dropping -2.89% yesterday.

Shares of stocks within the broader financial sector are trading lower following earlier economic data. Also, the sector may be moving ahead of the upcoming Fed decision.

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 52 points higher than the bank industry average of 48. It passed 7 out of 7 valuation due diligence checks.

First Us Bancshares's stock has gained 47.93% in the past year. It has overperformed other stocks in the bank industry by 32 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 52 points higher than the bank industry average of 48. It passed 7 out of 7 valuation due diligence checks.

Southern Missouri Bancorp's stock has gained 14.21% 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 52 points higher than the bank industry average of 48. It passed 7 out of 7 valuation due diligence checks.

Richmond Mutual Bancorporation's stock has gained 14.54% in the past year. It has underperformed other stocks in the bank industry by -2 percentage points.

Are bank stocks a good buy now?

36.45% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 16.46% 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 -10.08x.
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