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)
HFWA	HERITAGE FINANCIAL CORP	United States	$637.39M	34,906,233	78.21%	5.96%	Net Buying	Net Buying
FCCO	FIRST COMMUNITY CORP	United States	$126.49M	7,629,005	55.98%	17.76%	Net Selling	Net Selling
HBNC	HORIZON BANCORP INC	United States	$536.83M	44,111,174	64.46%	15.30%	Net Selling	Net Selling
WSBC	WESBANCO INC	United States	$1.63B	59,377,435	61.13%	7.00%	Net Buying	Net Buying
WASH	WASHINGTON TRUST BANCORP INC	United States	$446.27M	17,033,173	66.10%	23.58%	Net Selling	Net Selling
WNEB	WESTERN NEW ENGLAND BANCORP INC	United States	$134.89M	21,581,759	55.35%	15.82%	Net Buying	Net Buying
BOH	BANK OF HAWAII CORP	United States	$2.30B	39,695,792	81.95%	3.95%	Net Selling	Net Selling
FNCB	FNCB BANCORP INC	United States	$112.24M	19,794,996	13.32%	33.58%	Net Buying	Net Buying
FMAO	FARMERS & MERCHANTS BANCORP INC	United States	$289.27M	13,664,345	23.95%	18.06%	Net Buying	Net Buying
FLIC	FIRST OF LONG ISLAND CORP	United States	$222.16M	22,462,725	48.33%	17.76%	Net Selling	Net Selling
NWFL	NORWOOD FINANCIAL CORP	United States	$200.16M	8,110,156	28.09%	15.10%	Net Buying	Net Buying
OCFC	OCEANFIRST FINANCIAL CORP	United States	$890.20M	58,953,536	70.92%	7.52%	Net Selling	Net Selling
VBNK	VERSABANK	Canada	$256.53M	25,964,424	24.07%	0.00%
VABK	VIRGINIA NATIONAL BANKSHARES CORP	United States	$153.57M	5,390,388	37.20%	14.87%	Net Buying	Net Buying
CVBF	CVB FINANCIAL CORP	United States	$2.33B	139,374,072	74.11%	23.49%	Net Buying	Net Buying
TCBI	TEXAS CAPITAL BANCSHARES INC	United States	$2.72B	46,653,108	89.69%	10.31%	Net Buying	Net Selling
AFBI	AFFINITY BANCSHARES INC	United States	$107.86M	6,416,628	17.75%	23.66%	Net Buying
TCBK	TRICO BANCSHARES	United States	$1.19B	33,268,102	39.02%	60.98%	Net Selling	Net Selling
PEBK	PEOPLES BANCORP OF NORTH CAROLINA INC	United States	$168.04M	5,455,999	36.31%	63.69%	Net Selling	Net Selling
GCBC	GREENE COUNTY BANCORP INC	United States	$515.06M	17,026,828	13.39%	7.28%	Net Selling
CPF	CENTRAL PACIFIC FINANCIAL CORP	United States	$548.96M	27,042,326	46.66%	53.34%	Net Selling	Net Selling
IBCP	INDEPENDENT BANK CORP	United States	$523.47M	20,905,513	79.38%	5.71%	Net Selling	Net Selling
BHB	BAR HARBOR BANKSHARES	United States	$389.80M	15,185,021	54.55%	6.85%	Net Selling	Net Selling
SFNC	SIMMONS FIRST NATIONAL CORP	United States	$2.17B	125,327,684	67.29%	2.85%	Net Buying	Net Buying
CBU	COMMUNITY BANK SYSTEM INC	United States	$2.36B	53,328,534	73.73%	10.77%	Net Selling	Net Buying
BANR	BANNER CORP	United States	$1.53B	34,348,455	86.68%	13.32%	Net Buying	Net Buying
CALB	CALIFORNIA BANCORP	United States	$181.14M	8,413,312	56.95%	12.13%	Net Buying
BYFC	BROADWAY FINANCIAL CORP	United States	$46.63M	9,278,699	10.74%	89.26%	Net Buying	Net Buying
PROV	PROVIDENT FINANCIAL HOLDINGS INC	United States	$87.00M	6,926,696	52.12%	24.28%
FNLC	FIRST BANCORP INC	United States	$251.04M	11,130,147	40.41%	18.64%	Net Selling	Net Buying
SBSI	SOUTHSIDE BANCSHARES INC	United States	$819.20M	30,284,712	55.54%	11.53%	Net Buying	Net Selling
EBMT	EAGLE BANCORP MONTANA INC	United States	$103.25M	8,016,784	35.63%	15.44%	Net Selling	Net Selling
OBT	ORANGE COUNTY BANCORP INC	United States	$258.72M	5,657,458	44.77%	11.55%	Net Selling	Net Selling
CUBI	CUSTOMERS BANCORP INC	United States	$1.45B	31,484,886	85.54%	11.81%	Net Selling	Net Buying
OPOF	OLD POINT FINANCIAL CORP	United States	$70.82M	5,040,391	33.39%	46.97%	Net Buying
MGYR	MAGYAR BANCORP INC	United States	$74.19M	6,653,933	30.55%	62.27%	Net Buying	Net Buying
SFBC	SOUND FINANCIAL BANCORP INC	United States	$102.32M	2,558,546	42.41%	28.60%	Net Buying
THFF	FIRST FINANCIAL CORP	United States	$430.27M	11,814,093	72.55%	16.33%	Net Buying	Net Buying
BUSE	FIRST BUSEY CORP	United States	$1.26B	55,247,094	43.73%	56.27%	Net Buying	Net Selling
HWBK	HAWTHORN BANCSHARES INC	United States	$133.39M	7,020,548	20.96%	27.69%	Net Buying	Net Buying
CHMG	CHEMUNG FINANCIAL CORP	United States	$204.18M	4,750,674	36.24%	63.76%	Net Buying	Net Selling
ALRS	ALERUS FINANCIAL CORP	United States	$390.61M	19,737,829	45.40%	8.66%	Net Buying	Net Selling
RBB	RBB BANCORP	United States	$333.14M	18,621,781	40.13%	19.37%	Net Buying	Net Buying
OVBC	OHIO VALLEY BANC CORP	United States	$110.25M	4,793,674	14.90%	20.96%	Net Buying	Net Buying
VBFC	VILLAGE BANK & TRUST FINANCIAL CORP	United States	$64.00M	1,492,879	10.01%	89.99%	Net Buying	Net Buying
FGBI	FIRST GUARANTY BANCSHARES INC	United States	$135.80M	12,504,717	4.68%	95.32%	Net Buying	Net Buying
FMBH	FIRST MID BANCSHARES INC	United States	$755.39M	23,889,515	47.57%	25.13%	Net Buying	Net Buying
SUPV	GRUPO SUPERVIELLE SA	Argentina	$569.28M	442,671,830	1.53%	0.00%
PRK	PARK NATIONAL CORP	United States	$2.17B	16,116,479	53.51%	11.09%	Net Selling	Net Selling
FSFG	FIRST SAVINGS FINANCIAL GROUP INC	United States	$110.85M	6,883,160	25.85%	24.81%	Net Buying
NBBK	NB BANCORP INC	United States	$623.93M	42,705,729	6.03%	1.79%	Net Buying	Net Buying
NKSH	NATIONAL BANKSHARES INC	United States	$164.61M	5,893,782	29.53%	11.72%	Net Buying
AUBN	AUBURN NATIONAL BANCORPORATION INC	United States	$63.24M	3,493,674	8.57%	85.83%	Net Buying	Net Buying
IROQ	IF BANCORP INC	United States	$54.51M	3,354,626	26.01%	15.51%	Net Buying
LKFN	LAKELAND FINANCIAL CORP	United States	$1.55B	25,503,425	82.54%	5.68%	Net Selling	Net Selling
GNTY	GUARANTY BANCSHARES INC	United States	$334.85M	11,534,691	24.84%	36.11%	Net Buying	Net Buying
UVSP	UNIVEST FINANCIAL CORP	United States	$644.56M	29,271,699	75.52%	8.38%	Net Selling	Net Selling
FRST	PRIMIS FINANCIAL CORP	United States	$246.32M	24,681,764	74.82%	15.65%	Net Buying	Net Buying
BHLB	BERKSHIRE HILLS BANCORP INC	United States	$955.81M	43,624,434	83.00%	13.52%	Net Selling	Net Selling
COFS	CHOICEONE FINANCIAL SERVICES INC	United States	$194.71M	7,552,919	19.90%	29.94%	Net Buying	Net Buying
ISTR	INVESTAR HOLDING CORP	United States	$161.89M	9,781,946	52.95%	14.47%	Net Buying	Net Selling
MPB	MID PENN BANCORP INC	United States	$344.73M	16,573,707	43.34%	34.04%	Net Buying	Net Buying
SBFG	SB FINANCIAL GROUP INC	United States	$90.82M	6,787,451	49.42%	12.37%	Net Selling	Net Selling
HNVR	HANOVER BANCORP INC	United States	$120.51M	7,229,404	15.00%	27.65%	Net Buying	Net Buying
FFIC	FLUSHING FINANCIAL CORP	United States	$332.83M	29,067,712	61.70%	14.58%	Net Selling	Net Selling
INBK	FIRST INTERNET BANCORP	United States	$269.28M	8,655,854	65.29%	10.92%	Net Buying
WSBF	WATERSTONE FINANCIAL INC	United States	$236.42M	20,052,831	51.36%	11.83%	Net Selling	Net Selling
KB	KB FINANCIAL GROUP INC	Republic Of Korea	$20.33B	378,663,825	5.98%	0.00%
WTBA	WEST BANCORPORATION INC	United States	$286.17M	16,813,952	43.81%	12.74%	Net Selling	Net Selling
FVCB	FVCBANKCORP INC	United States	$204.16M	17,877,051	43.45%	15.19%	Net Selling	Net Buying
RBKB	RHINEBECK BANCORP INC	United States	$85.04M	11,072,607	14.36%	3.65%	Net Selling
KRNY	KEARNY FINANCIAL CORP	United States	$355.05M	64,436,995	63.49%	10.01%	Net Buying	Net Buying
FNWB	FIRST NORTHWEST BANCORP	United States	$96.32M	9,443,271	56.17%	12.23%	Net Buying	Net Buying
CZNC	CITIZENS & NORTHERN CORP	United States	$279.27M	15,378,065	30.82%	8.25%	Net Buying	Net Buying
MCBS	METROCITY BANKSHARES INC	United States	$611.23M	25,205,506	20.27%	40.78%	Net Buying	Net Buying
RRBI	RED RIVER BANCSHARES INC	United States	$329.02M	7,092,448	21.39%	27.80%	Net Selling	Net Selling
FDBC	FIDELITY D & D BANCORP INC	United States	$264.57M	5,734,097	15.71%	84.29%	Net Buying	Net Buying
PCB	PCB BANCORP	United States	$215.23M	14,263,140	33.03%	24.09%	Net Buying	Net Buying
ZION	ZIONS BANCORPORATION NATIONAL ASSOCIATION	United States	$6.20B	148,155,311	79.09%	4.14%	Net Buying	Net Buying
GBCI	GLACIER BANCORP INC	United States	$4.18B	113,368,242	80.47%	4.66%	Net Buying
FFNW	FIRST FINANCIAL NORTHWEST INC	United States	$185.05M	9,174,425	40.67%	17.40%	Net Buying	Net Selling
PNC	PNC FINANCIAL SERVICES GROUP INC	United States	$61.25B	397,808,112	83.64%	0.88%	Net Buying	Net Buying
BAP	CREDICORP LTD	Bermuda	$15.55B	94,382,317	58.25%	0.00%
NIC	NICOLET BANKSHARES INC	United States	$1.16B	14,904,370	43.03%	16.77%	Net Buying	Net Buying
SHG	SHINHAN FINANCIAL GROUP CO LTD	Republic Of Korea	$17.29B	512,759,471	2.79%	0.00%
EQBK	EQUITY BANCSHARES INC	United States	$517.01M	15,437,891	65.27%	22.82%	Net Buying	Net Selling
GSBC	GREAT SOUTHERN BANCORP INC	United States	$609.71M	11,657,931	41.92%	57.79%	Net Selling	Net Buying
FULT	FULTON FINANCIAL CORP	United States	$2.74B	162,018,497	71.96%	5.88%	Net Buying
GLBZ	GLEN BURNIE BANCORP	United States	$14.41M	2,887,467	5.50%	18.52%	Net Buying	Net Buying
BOKF	BOK FINANCIAL CORP	United States	$5.82B	64,515,035	30.22%	69.78%	Net Selling	Net Selling
TMP	TOMPKINS FINANCIAL CORP	United States	$658.36M	14,406,118	64.13%	10.14%	Net Buying	Net Buying
FNWD	FINWARD BANCORP	United States	$105.65M	4,299,092	26.60%	30.00%	Net Buying	Net Buying
TFSL	TFS FINANCIAL CORP	United States	$3.57B	280,710,854	9.80%	1.33%	Net Selling	Net Selling
PDLB	PONCE FINANCIAL GROUP INC	United States	$201.03M	23,790,497	46.54%	9.48%	Net Buying
PGC	PEAPACK GLADSTONE FINANCIAL CORP	United States	$397.30M	17,752,341	72.82%	12.20%	Net Selling	Net Selling
ATLO	AMES NATIONAL CORP	United States	$176.16M	8,992,167	26.47%	20.35%	Net Buying	Net Buying
USCB	USCB FINANCIAL HOLDINGS INC	United States	$232.27M	19,650,463	61.00%	24.70%	Net Buying	Net Buying
AMTB	AMERANT BANCORP INC	United States	$750.89M	33,596,687	41.99%	6.90%	Net Selling	Net Selling
PVBC	PROVIDENT BANCORP INC	United States	$161.76M	17,659,146	47.29%	36.31%	Net Buying	Net Selling
MYFW	FIRST WESTERN FINANCIAL INC	United States	$163.08M	9,621,310	55.98%	23.88%	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.