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

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
BMA	MACRO BANK INC	$54.67	$59.09	-7.47%	5.20x	10.57x	1.07x	1.49x	14.10x	-$162.95M	-4.66%	$2.34B	36.60	$3.01B	2.83
FSBC	FIVE STAR BANCORP	$21.79	N/A	N/A	7.84x	N/A	3.31x	1.32x	N/A	$38.26M	10.12%	$285.77M	16.47	$305.91M	4.48
ASRV	AMERISERV FINANCIAL INC	$2.44	N/A	N/A	-12.20x	N/A	0.93x	0.41x	N/A	$4.91M	11.72%	$102.28M	5.97	$143.37M	-61.24
TCBC	TC BANCSHARES INC	$13.50	N/A	N/A	225.00x	N/A	4.33x	0.73x	N/A	$1.93M	2.98%	$79.63M	16.65	$46.40M	38.10
TBNK	TERRITORIAL BANCORP INC	$7.65	N/A	N/A	13.19x	N/A	1.46x	0.27x	N/A	$7.57M	11.46%	$251.09M	29.07	$266.51M	24.79
CLST	CATALYST BANCORP INC	$11.70	N/A	N/A	83.57x	N/A	5.76x	0.63x	N/A	$1.84M	3.44%	$84.66M	18.56	$53.72M	49.47
BAFN	BAYFIRST FINANCIAL CORP	$12.80	N/A	N/A	11.03x	N/A	0.70x	0.53x	N/A	$447.22M	844.96%	$100.71M	24.36	$15.50M	1.54
TFC	TRUIST FINANCIAL CORP	$38.05	N/A	N/A	-34.91x	6.20x	2.38x	0.86x	N/A	$8.63B	17.03%	$59.25B	44.49	$83.88B	85.07
AMAL	AMALGAMATED FINANCIAL CORP	$24.88	$17.51	42.11%	8.64x	8.46x	2.75x	1.30x	5.12x	$115.75M	15.25%	$585.23M	19.18	$1.00B	7.77
BSBR	BANCO SANTANDER (BRASIL) SA	$5.65	N/A	N/A	N/A	5.71x	0.64x	0.37x	N/A	$35.29B	83.89%	$114.45B	15.38	$233.74B	16.00
SFST	SOUTHERN FIRST BANCSHARES INC	$25.70	N/A	N/A	15.58x	N/A	2.39x	0.66x	N/A	$12.15M	5.83%	$315.26M	38.87	$318.65M	14.42
BWB	BRIDGEWATER BANCSHARES INC	$11.16	$9.31	19.92%	8.65x	N/A	2.77x	0.73x	1.75x	$27.05M	8.75%	$425.52M	15.36	$593.22M	10.68
LSBK	LAKE SHORE BANCORP INC	$11.53	$5.43	112.38%	14.06x	N/A	2.34x	0.76x	4.35x	$5.81M	8.87%	$86.27M	15.18	$50.37M	7.17
NYCB	NEW YORK COMMUNITY BANCORP INC	$3.40	N/A	N/A	-21.25x	2.27x	0.55x	0.32x	N/A	$197.00M	7.26%	$8.37B	10.49	$12.50B	108.74
SHFS	SHF HOLDINGS INC	$0.80	N/A	N/A	-1.95x	N/A	1.94x	1.29x	N/A	-$1.04M	-3.00%	$34.36M	0.81	$54.48M	-3.30
BANC	BANC OF CALIFORNIA INC	$13.91	N/A	N/A	-0.61x	N/A	8.86x	0.65x	N/A	$155.28M	7.10%	$3.39B	21.56	$657.99M	-0.31
BSBK	BOGOTA FINANCIAL CORP	$6.80	N/A	N/A	136.00x	N/A	5.40x	0.66x	N/A	$1.12M	1.28%	$137.17M	10.64	$235.57M	250.93
HONE	HARBORONE BANCORP INC	$10.45	$3.27	219.88%	28.24x	N/A	2.76x	0.81x	2.96x	$49.03M	10.85%	$583.76M	13.51	$813.84M	27.38
CFFN	CAPITOL FEDERAL FINANCIAL INC	$5.10	N/A	N/A	-5.93x	N/A	-16.09x	0.66x	N/A	$21.15M	3.14%	$1.03B	7.81	$2.76B	-18.79
SBT	STERLING BANCORP INC	$4.96	N/A	N/A	33.07x	N/A	3.29x	0.79x	N/A	-$25.34M	-10.08%	$327.72M	6.47	-$262.40M	-22.06
LNKB	LINKBANCORP INC	$6.58	N/A	N/A	-9.82x	N/A	3.83x	0.93x	N/A	-$1.38M	-1.19%	$265.31M	14.94	$254.06M	-18.76
CLBK	COLUMBIA FINANCIAL INC	$14.73	$2.98	394.52%	42.09x	N/A	6.62x	1.49x	4.87x	$33.08M	2.19%	$1.04B	10.13	$2.69B	44.67
CULL	CULLMAN BANCORP INC	$10.25	N/A	N/A	18.30x	N/A	4.49x	0.73x	N/A	$2.23M	3.00%	$101.74M	14.00	$96.44M	17.47
WMPN	WILLIAM PENN BANCORPORATION	$12.12	N/A	N/A	151.50x	N/A	5.27x	0.90x	N/A	$3.00M	2.59%	$128.95M	13.50	$163.45M	86.39
BHRB	BURKE & HERBERT FINANCIAL SERVICES CORP	$52.26	N/A	N/A	17.13x	N/A	3.49x	1.24x	N/A	$31.64M	8.14%	$314.75M	42.31	$616.32M	22.06
TFIN	TRIUMPH FINANCIAL INC	$72.00	N/A	N/A	53.73x	N/A	4.21x	1.93x	N/A	-$35.03M	-2.08%	$872.34M	37.38	$1.44B	20.08
CFSB	CFSB BANCORP INC	$6.68	N/A	N/A	95.39x	N/A	4.99x	0.58x	N/A	$818.00k	1.95%	$75.80M	12.06	$48.58M	41.28
WF	WOORI FINANCIAL GROUP INC	$31.09	N/A	N/A	4.44x	N/A	1.03x	0.34x	N/A	$995.96M	12.78%	$22.90B	91.39	$61.25B	24.93
GBNY	GENERATIONS BANCORP NY INC	$10.23	N/A	N/A	-14.20x	N/A	2.12x	0.61x	N/A	$1.75M	7.64%	$37.70M	16.82	$30.54M	-31.36
MFG	MIZUHO FINANCIAL GROUP INC	$3.85	N/A	N/A	-481.25x	10.41x	3.45x	0.78x	N/A	$5.87B	12.03%	$63.01B	4.96	-$104.79B	-57.00
CPBI	CENTRAL PLAINS BANCSHARES INC	$10.00	N/A	N/A	N/A	N/A	N/A	0.53x	N/A	N/A	N/A	$77.79M	25.44	$31.10M	N/A
JMSB	JOHN MARSHALL BANCORP INC	$17.02	N/A	N/A	46.00x	N/A	6.22x	1.05x	N/A	$17.47M	7.24%	$229.91M	16.22	$235.34M	24.27
FSEA	FIRST SEACOAST BANCORP INC	$8.73	N/A	N/A	-3.81x	N/A	4.36x	0.67x	N/A	-$2.26M	-5.58%	$66.62M	14.32	$131.26M	-21.08
NSTS	NSTS BANCORP INC	$9.52	N/A	N/A	-12.05x	N/A	9.73x	0.65x	N/A	-$85.00k	-0.18%	$77.55M	15.50	$24.21M	-8.99
BRBS	BLUE RIDGE BANKSHARES INC	$2.52	N/A	N/A	-0.92x	N/A	0.49x	0.26x	N/A	$44.11M	91.19%	$185.99M	9.69	$247.25M	-4.43
BCOW	1895 BANCORP OF WISCONSIN INC	$7.19	N/A	N/A	-5.85x	N/A	3.74x	0.60x	N/A	-$1.52M	-3.82%	$72.76M	13.15	$102.45M	-17.33
CARV	CARVER BANCORP INC	$1.58	N/A	N/A	-1.58x	N/A	0.29x	0.18x	N/A	-$5.67M	-72.03%	$42.73M	8.57	-$9.53M	2.75
BLFY	BLUE FOUNDRY BANCORP	$8.83	N/A	N/A	-28.48x	N/A	4.78x	0.60x	N/A	-$17.65M	-8.36%	$355.64M	14.86	$602.09M	-133.00
SRBK	SR BANCORP INC	$9.17	N/A	N/A	N/A	N/A	N/A	0.44x	N/A	N/A	N/A	$197.98M	22.58	$24.25M	N/A
KFFB	KENTUCKY FIRST FEDERAL BANCORP	$3.90	N/A	N/A	-77.98x	N/A	4.18x	0.64x	N/A	-$799.00k	-2.54%	$49.18M	6.08	$88.29M	-428.58
FFWM	FIRST FOUNDATION INC	$5.46	N/A	N/A	-1.55x	N/A	1.22x	0.33x	N/A	-$2.39M	-0.77%	$925.34M	16.40	$564.14M	-2.91
PNBK	PATRIOT NATIONAL BANCORP INC	$3.63	N/A	N/A	-3.46x	N/A	0.53x	0.33x	N/A	-$11.13M	-77.08%	$44.38M	11.16	$150.17M	-34.18
HMST	HOMESTREET INC	$10.97	N/A	N/A	-7.51x	N/A	0.99x	0.38x	N/A	$4.21M	2.04%	$538.39M	28.66	$1.96B	-119.16
TCBS	TEXAS COMMUNITY BANCSHARES INC	$14.11	N/A	N/A	-58.79x	N/A	3.91x	0.84x	N/A	-$3.31M	-7.67%	$53.69M	17.53	$96.52M	-187.42

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.