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
BMA	MACRO BANK INC	NYSE	Banks - Regional	$3.50B	$54.67	0.94%	$1.06B	5.20x	2.29
FSBC	FIVE STAR BANCORP	NASDAQ	Banks - Regional	$378.13M	$21.79	0.79%	$68.23M	7.84x	11.57
ASRV	AMERISERV FINANCIAL INC	NASDAQ	Banks - Regional	$41.84M	$2.44	0.83%	-$2.34M	-12.20x	12.59
TCBC	TC BANCSHARES INC	NASDAQ	Banks - Regional	$58.34M	$13.50	-1.10%	$1.22M	225.00x	4.86
TBNK	TERRITORIAL BANCORP INC	NASDAQ	Banks - Regional	$67.52M	$7.65	1.59%	$10.75M	13.19x	7.91
CLST	CATALYST BANCORP INC	NASDAQ	Banks - Regional	$53.36M	$11.70	0.00%	$1.09M	83.57x	2.20
BAFN	BAYFIRST FINANCIAL CORP	NASDAQ	Banks - Regional	$52.93M	$12.80	-0.62%	$10.07M	11.03x	10.10
TFC	TRUIST FINANCIAL CORP	NYSE	Banks - Regional	$50.78B	$38.05	1.33%	$986.00M	-34.91x	8.04
AMAL	AMALGAMATED FINANCIAL CORP	NASDAQ	Banks - Regional	$759.07M	$24.88	1.39%	$129.14M	8.64x	12.62
BSBR	BANCO SANTANDER (BRASIL) SA	NYSE	Banks - Regional	$42.06B	$5.65	1.62%	$14.61B	N/A	8.74
SFST	SOUTHERN FIRST BANCSHARES INC	NASDAQ	Banks - Regional	$209.61M	$25.70	-0.46%	$22.10M	15.58x	12.02
BWB	BRIDGEWATER BANCSHARES INC	NASDAQ	Banks - Regional	$309.24M	$11.16	2.57%	$55.57M	8.65x	9.84
LSBK	LAKE SHORE BANCORP INC	NASDAQ	Banks - Regional	$65.55M	$11.53	-0.69%	$7.03M	14.06x	7.41
NYCB	NEW YORK COMMUNITY BANCORP INC	NYSE	Banks - Regional	$2.71B	$3.40	28.30%	$115.00M	-21.25x	12.63
SHFS	SHF HOLDINGS INC	NASDAQ	Banks - Regional	$44.34M	$0.80	-10.11%	-$16.49M	-1.95x	0.98
BANC	BANC OF CALIFORNIA INC	NYSE	Banks - Regional	$2.19B	$13.91	1.61%	-$2.12B	-0.61x	10.36
BSBK	BOGOTA FINANCIAL CORP	NASDAQ	Banks - Regional	$90.07M	$6.80	1.49%	$938.78k	136.00x	5.85
HONE	HARBORONE BANCORP INC	NASDAQ	Banks - Regional	$472.73M	$10.45	3.16%	$29.73M	28.24x	8.71
CFFN	CAPITOL FEDERAL FINANCIAL INC	NASDAQ	Banks - Regional	$682.04M	$5.10	6.92%	-$146.86M	-5.93x	8.26
SBT	STERLING BANCORP INC	NASDAQ	Banks - Regional	$258.26M	$4.96	4.86%	$11.89M	33.07x	6.37
LNKB	LINKBANCORP INC	NASDAQ	Banks - Regional	$245.75M	$6.58	-0.75%	-$13.55M	-9.82x	9.06
CLBK	COLUMBIA FINANCIAL INC	NASDAQ	Banks - Regional	$1.55B	$14.73	-11.27%	$60.32M	42.09x	9.23
CULL	CULLMAN BANCORP INC	NASDAQ	Banks - Regional	$74.47M	$10.25	-2.10%	$5.52M	18.30x	3.05
WMPN	WILLIAM PENN BANCORPORATION	NASDAQ	Banks - Regional	$115.76M	$12.12	-0.98%	$1.89M	151.50x	5.41
BHRB	BURKE & HERBERT FINANCIAL SERVICES CORP	NASDAQ	Banks - Regional	$388.82M	$52.26	-0.23%	$27.93M	17.13x	10.49
TFIN	TRIUMPH FINANCIAL INC	NASDAQ	Banks - Regional	$1.68B	$72.00	2.33%	$71.90M	53.73x	5.39
CFSB	CFSB BANCORP INC	NASDAQ	Banks - Regional	$44.29M	$6.68	-4.61%	$1.18M	95.39x	3.74
WF	WOORI FINANCIAL GROUP INC	NYSE	Banks - Regional	$7.78B	$31.09	-0.35%	$2.46B	4.44x	14.67
GBNY	GENERATIONS BANCORP NY INC	NASDAQ	Banks - Regional	$22.92M	$10.23	0.00%	-$974.00k	-14.20x	10.26
MFG	MIZUHO FINANCIAL GROUP INC	NYSE	Banks - Regional	$48.88B	$3.85	-0.52%	$1.84B	-481.25x	26.81
CPBI	CENTRAL PLAINS BANCSHARES INC	NASDAQ	Banks - Regional	$41.31M	$10.00	-0.70%	N/A	N/A	4.84
JMSB	JOHN MARSHALL BANCORP INC	NASDAQ	Banks - Regional	$241.19M	$17.02	3.03%	$9.70M	46.00x	8.75
FSEA	FIRST SEACOAST BANCORP INC	NASDAQ	Banks - Regional	$44.32M	$8.73	-0.11%	-$6.23M	-3.81x	7.57
NSTS	NSTS BANCORP INC	NASDAQ	Banks - Regional	$50.60M	$9.52	-0.73%	-$2.69M	-12.05x	2.31
BRBS	BLUE RIDGE BANKSHARES INC	NYSEMKT	Banks - Regional	$48.38M	$2.52	0.80%	-$55.85M	-0.92x	15.76
BCOW	1895 BANCORP OF WISCONSIN INC	NASDAQ	Banks - Regional	$43.46M	$7.19	-0.83%	-$5.91M	-5.85x	6.66
CARV	CARVER BANCORP INC	NASDAQ	Banks - Regional	$7.88M	$1.58	-3.07%	-$3.47M	-1.58x	17.15
BLFY	BLUE FOUNDRY BANCORP	NASDAQ	Banks - Regional	$214.91M	$8.83	3.40%	-$4.53M	-28.48x	4.75
SRBK	SR BANCORP INC	NASDAQ	Banks - Regional	$87.19M	$9.17	-0.97%	N/A	N/A	4.43
KFFB	KENTUCKY FIRST FEDERAL BANCORP	NASDAQ	Banks - Regional	$31.53M	$3.90	0.23%	-$206.00k	-77.98x	6.45
FFWM	FIRST FOUNDATION INC	NYSE	Banks - Regional	$308.31M	$5.46	-0.36%	-$194.00M	-1.55x	13.40
PNBK	PATRIOT NATIONAL BANCORP INC	NASDAQ	Banks - Regional	$14.43M	$3.63	0.00%	-$4.39M	-3.46x	23.64
HMST	HOMESTREET INC	NASDAQ	Banks - Regional	$206.87M	$10.97	-10.45%	-$16.46M	-7.51x	16.45
TCBS	TEXAS COMMUNITY BANCSHARES INC	NASDAQ	Banks - Regional	$44.98M	$14.11	-0.77%	-$515.00k	-58.79x	7.42

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.