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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
CBFV
CB FINANCIAL SERVICES INC
$21.704,16464.91%21.8221.9222.8122.8122.0843.3331.2538.4453.5070.02-0.24-0.270.040.33
WBS
WEBSTER FINANCIAL CORP
$50.81872,38524.79%49.2948.8648.5447.6444.3461.1067.0666.4357.2457.180.550.340.211.42
ORRF
ORRSTOWN FINANCIAL SERVICES INC
$26.2526,255-75.60%25.9926.2626.9026.3523.7848.4145.1651.7264.3871.10-0.20-0.250.040.95
MTB
M&T BANK CORP
$144.80815,2791.85%142.09141.92138.94134.92130.7558.1950.6049.9736.4037.941.311.32-0.011.12
MVBF
MVB FINANCIAL CORP
$21.8517,00064.74%21.1721.0521.5221.3822.1056.3367.2663.1369.5968.47-0.03-0.130.100.92
BBD
BANK BRADESCO
$2.9121,241,278169.46%2.842.832.913.113.1255.9956.5938.7573.3250.45-0.01-0.030.011.08
SMBC
SOUTHERN MISSOURI BANCORP INC
$43.7413,2152.22%42.5542.8344.0145.8443.8452.5158.5357.0969.4766.78-0.27-0.440.160.95
TCBX
THIRD COAST BANCSHARES INC
$19.8533,530106.14%19.7119.6819.4018.8118.3353.8828.3834.2822.3723.810.080.12-0.040.71
OVLY
OAK VALLEY BANCORP
$24.717,735-67.34%23.8924.0925.0226.1125.8352.8752.9744.1460.6853.47-0.27-0.380.110.76
ITUB
ITAU UNIBANCO HOLDING SA
$6.948,435,531-9.99%6.886.886.826.646.1353.1141.1125.8540.4320.700.000.01-0.010.99
FCNCA
FIRST CITIZENS BANCSHARES INC
$1,616.8849,93249.72%1,578.621,569.361,522.141,474.851,413.4963.0884.6882.8787.0182.8122.4018.873.531.06
FUSB
FIRST US BANCSHARES INC
$9.143,060-49.65%9.149.579.889.679.0941.5630.0236.7462.9463.84-0.25-0.23-0.020.38
WABC
WESTAMERICA BANCORPORATION
$48.81111,91648.01%47.1947.1747.2049.9547.0559.4763.9157.0762.5555.010.13-0.070.200.78
CASH
PATHWARD FINANCIAL INC
$50.27148,64016.67%48.8249.6850.7250.8049.7152.6150.0847.3675.0168.96-0.45-0.560.111.24
SBCF
SEACOAST BANKING CORP OF FLORIDA
$25.37367,181-12.95%24.4424.5024.8125.1623.9157.1159.5059.4169.1270.740.01-0.100.121.19
FITB
FIFTH THIRD BANCORP
$36.744,594,109-9.00%36.0935.9934.7532.8029.4959.9758.2059.4728.8432.630.540.55-0.011.43
CFG
CITIZENS FINANCIAL GROUP INC
$35.824,121,310-1.54%34.5533.9232.7531.2329.3665.6773.4074.6560.6564.940.850.700.151.42
CCBG
CAPITAL CITY BANK GROUP INC
$27.6716,289-21.83%27.3527.7428.1428.4229.5349.0837.8438.0763.9563.95-0.21-0.220.010.96
ESQ
ESQUIRE FINANCIAL HOLDINGS INC
$47.0234,086-8.65%47.3248.4549.1648.4747.6243.2516.2921.9735.6639.89-0.68-0.50-0.180.95
PFC
PREMIER FINANCIAL CORP
$20.0098,78655.33%19.3419.6720.3921.0319.5452.0241.6639.0871.1866.00-0.22-0.300.081.11
BMA
MACRO BANK INC
$51.67354,5969.68%48.1444.0236.9331.1527.1478.6680.5385.5080.7190.034.443.760.671.14
HBAN
HUNTINGTON BANCSHARES INC
$13.7913,091,23043.48%13.2913.3412.9612.3811.6164.0072.9465.6662.6451.160.150.140.011.19
BY
BYLINE BANCORP INC
$21.61162,32083.27%20.6020.7621.2621.5320.7359.3460.8254.1477.8576.41-0.09-0.190.100.96
OSBC
OLD SECOND BANCORP INC
$13.78143,72815.31%13.4513.4813.7314.3714.2954.8155.0055.2268.4469.00-0.03-0.090.050.99
VLY
VALLEY NATIONAL BANCORP
$7.906,142,246130.95%7.687.848.629.168.9247.3440.8745.1866.4867.13-0.22-0.280.061.17
TBBK
BANCORP INC
$33.781,002,46835.45%33.5336.4940.2539.6737.6136.9922.0112.9651.7526.44-2.50-2.22-0.281.45
SPFI
SOUTH PLAINS FINANCIAL INC
$26.6418,632-2.91%25.7425.8826.4927.1526.3953.8671.1864.5387.1183.06-0.11-0.240.130.87
ABCB
AMERIS BANCORP
$48.14259,056-3.39%46.7546.7547.9647.4242.9656.3358.7857.5160.8260.11-0.05-0.270.221.27
MCB
METROPOLITAN BANK HOLDING CORP
$38.05174,581113.85%37.3638.2242.4743.6740.9744.9022.0124.1860.1958.11-1.46-1.630.171.40
MSBI
MIDLAND STATES BANCORP INC
$24.8249,83555.78%24.1324.1824.9324.9923.2654.3353.6254.2462.9763.80-0.10-0.210.110.96
RVSB
RIVERVIEW BANCORP INC
$4.7220,019546.19%4.774.755.035.555.5543.0132.8741.1554.2166.46-0.06-0.090.020.94
CBAN
COLONY BANKCORP INC
$11.1644,02831.45%10.9611.0611.5811.6310.8549.4757.3560.0071.7276.60-0.13-0.180.050.71
FBK
FB FINANCIAL CORP
$37.6598,32018.87%35.7335.7736.3836.2733.2659.5365.1161.2473.1171.240.07-0.180.251.05
INTR
INTER & CO INC
$5.851,288,114116.55%5.976.005.505.374.6150.3827.9433.374.9611.230.100.15-0.050.90
USB
US BANCORP
$44.006,023,36515.38%43.1743.0541.9740.9637.9359.7959.8061.0357.2159.060.520.460.061.14
QCRH
QCR HOLDINGS INC
$59.6456,9528.67%57.1757.1457.3655.8252.0262.3578.4473.2681.2576.220.290.030.261.11
MCBC
MACATAWA BANK CORP
$9.7043,451-19.47%9.559.6910.1110.269.7547.9132.4435.1166.7567.06-0.14-0.160.020.77
IFS
INTERCORP FINANCIAL SERVICES INC
$23.90240,784332.64%26.4027.2425.9622.9823.0428.316.0917.060.529.90-0.260.21-0.460.61
CFR
CULLEN/FROST BANKERS INC
$111.32316,68340.49%107.00108.07106.90104.58102.1561.0251.9435.2956.8036.790.230.100.121.15
VBTX
VERITEX HOLDINGS INC
$20.58324,225-41.39%19.3319.6420.3220.7119.8258.3072.5962.3495.8990.59-0.14-0.300.171.29
BKU
BANKUNITED INC
$28.17620,544101.45%26.9127.0027.3828.0726.1757.3561.8256.2069.1465.27-0.01-0.140.131.32
SNV
SYNOVUS FINANCIAL CORP
$39.82986,500-22.54%38.5538.8237.7535.7232.8761.5151.2244.3643.4736.440.390.39-0.011.55
HTBK
HERITAGE COMMERCE CORP
$8.53351,44757.65%8.258.348.558.868.7854.9553.5647.5870.7866.81-0.05-0.090.031.08
SMMF
SUMMIT FINANCIAL GROUP INC
$25.7848,10139.74%25.7026.1627.2326.5624.5943.4919.3627.2652.1663.23-0.38-0.410.031.03
ONB
OLD NATIONAL BANCORP
$17.411,476,485-4.38%16.7116.6516.5116.1515.5363.0377.3872.5778.5473.980.160.090.070.93
PLBC
PLUMAS BANCORP
$36.503,810-63.66%34.9234.7235.8136.5835.8860.5182.6180.2588.3386.410.03-0.260.300.48
EBC
EASTERN BANKSHARES INC
$13.72548,269-12.42%13.2513.1913.4913.3013.1156.4874.7573.1878.8378.260.01-0.060.070.81
ASB
ASSOCIATED BANC-CORP
$21.26954,325-10.44%20.5420.7520.7920.1218.6357.5853.3946.5569.5359.600.01-0.030.041.13
FSBW
FS BANCORP INC
$33.729,28475.50%32.9332.6833.9233.7332.0154.4462.8968.1972.7075.20-0.10-0.310.220.84
INDB
INDEPENDENT BANK CORP
$52.69211,74914.03%50.5850.9153.7256.9254.0753.8069.4361.3993.5190.93-0.63-1.040.410.96
FFBC
FIRST FINANCIAL BANCORP
$22.25254,922-7.82%21.5221.7022.1122.0221.4355.9950.4744.2872.3570.43-0.11-0.170.061.16
CIVB
CIVISTA BANCSHARES INC
$15.2438,313-6.37%14.9214.8715.7316.2116.5251.5568.2969.5577.8378.61-0.14-0.260.121.12
WSFS
WSFS FINANCIAL CORP
$44.97212,784-4.68%43.0443.0343.2842.5940.6160.6772.9970.2573.9272.180.250.040.211.18
UBFO
UNITED SECURITY BANCSHARES
$7.5345,097284.16%7.517.507.637.847.4650.0034.7739.2927.6438.46-0.03-0.030.000.96
MPB
MID PENN BANCORP INC
$20.1632,93576.78%20.1520.3021.1321.8021.8146.8117.1219.8636.5640.23-0.30-0.320.021.15
HDB
HDFC BANK LTD
$55.652,380,48659.18%55.2555.4055.0158.7361.2451.7525.2618.2621.6712.49-0.12-0.11-0.010.86
PEBO
PEOPLES BANCORP INC
$29.1398,23342.72%27.8928.1328.8129.9428.2757.2568.9255.8086.1379.51-0.13-0.310.170.95
KEY
KEYCORP
$15.6410,984,78411.23%14.9214.8414.4313.7712.2364.5778.7473.1273.8069.040.250.190.061.45
BFST
BUSINESS FIRST BANCSHARES INC
$22.3552,59944.42%21.7221.9922.2022.2120.2553.5347.5345.5662.9060.24-0.09-0.120.031.12
BCAL
SOUTHERN CALIFORNIA BANCORP
$14.8364,65979.45%0.070.080.100.110.1346.5868.2545.2462.7630.73-0.01-0.010.000.44
RF
REGIONS FINANCIAL CORP
$20.686,131,73042.13%19.6819.4718.8718.1918.1070.4183.2078.9179.9075.980.390.300.091.34
OPBK
OP BANCORP
$9.996,188-64.61%10.0410.1810.3710.049.5844.0339.8749.1258.7073.25-0.07-0.070.000.72
FBIZ
FIRST BUSINESS FINANCIAL SERVICES INC
$36.678,31649.68%34.8734.6635.5435.8533.4359.2079.7672.5980.4074.890.07-0.200.270.95
IBOC
INTERNATIONAL BANCSHARES CORP
$55.84178,760-0.54%54.2253.8153.1951.1548.1060.3758.6958.3448.5650.810.600.460.141.13
STBA
S&T BANCORP INC
$31.76141,27624.41%30.7231.1031.8731.1629.7254.3541.4438.1463.4359.86-0.20-0.280.080.95
FRAF
FRANKLIN FINANCIAL SERVICES CORP
$26.001,443-71.61%26.2026.2628.2030.1329.4936.1820.3621.7240.1147.91-0.47-0.570.100.62
CZWI
CITIZENS COMMUNITY BANCORP INC
$12.1527,60964.73%12.2012.1311.9811.4410.5151.9042.7050.0310.387.700.070.10-0.030.46
STEL
STELLAR BANCORP INC
$24.34118,82018.41%23.5523.7424.5225.0223.8954.8847.4537.8470.9463.46-0.21-0.310.100.87
SYBT
STOCK YARDS BANCORP INC
$47.1777,06433.47%44.8945.2746.8847.3345.7156.4959.5954.9876.1673.29-0.28-0.580.300.94
OPOF
OLD POINT FINANCIAL CORP
$16.9586856.40%16.6016.6917.2017.1517.4452.1740.5731.1856.4746.69-0.15-0.190.040.42
ZION
ZIONS BANCORPORATION NATIONAL ASSOCIATION
$43.152,225,50548.16%40.8040.7540.8139.9536.6862.9266.7356.4769.4857.610.320.090.231.18
EFSC
ENTERPRISE FINANCIAL SERVICES CORP
$40.1794,118-9.42%38.8639.3140.3640.8540.0153.9557.5651.1784.0377.82-0.30-0.470.171.08
NBHC
NATIONAL BANK HOLDINGS CORP
$35.97225,75347.50%34.6234.4334.4634.6733.0661.8481.6478.3877.8074.360.270.080.190.91
HOMB
HOME BANCSHARES INC
$24.541,279,42855.38%23.5223.6223.7023.5322.9462.1867.4953.6983.6871.570.05-0.030.081.25
CMA
COMERICA INC
$54.231,753,79643.30%51.2851.2651.5050.5547.7662.7970.8362.3981.9577.060.400.060.341.39
BSAC
BANCO SANTANDER CHILE
$19.76105,722-69.96%19.7619.6519.1419.1118.9653.6842.3239.7930.5425.770.130.17-0.050.69
FISI
FINANCIAL INSTITUTIONS INC
$18.6455,76543.68%18.4518.5619.4619.3718.2448.8319.3621.7031.1032.20-0.21-0.260.041.14
BWFG
BANKWELL FINANCIAL GROUP INC
$25.5812,12710.09%25.5525.3926.2927.1326.2649.0350.9562.2340.0453.94-0.11-0.210.100.78
LARK
LANDMARK BANCORP INC
$19.604,021-0.35%19.1819.4719.9719.4719.1851.1633.2226.6256.6746.12-0.17-0.190.020.36
CCB
COASTAL FINANCIAL CORP
$38.4666,19496.74%37.2237.5438.9540.3741.2652.8347.5745.8364.5962.05-0.40-0.590.181.31
PBFS
PIONEER BANCORP INC
$9.9011,91551.59%9.459.399.529.299.1565.4987.4876.44100.0086.830.06-0.010.070.71
OFG
OFG BANCORP
$36.46181,562-4.69%35.5636.1536.2335.5832.6754.1438.1834.6547.8340.50-0.12-0.140.021.18
FXNC
FIRST NATIONAL CORP
$16.255,658-70.74%17.3217.6218.9119.3418.3021.1312.4120.7833.3365.08-0.55-0.48-0.060.22
LOB
LIVE OAK BANCSHARES INC
$41.22102,540-11.25%39.5439.5539.3138.5134.4058.7167.5961.9173.0670.620.250.080.171.44
BANF
BANCFIRST CORP
$87.6054,56911.95%85.9287.0288.3589.4190.5351.2940.4838.1366.0063.30-0.63-0.710.091.03
WTFC
WINTRUST FINANCIAL CORP
$104.67392,82632.60%99.2898.4197.0492.7584.6871.1792.9085.89100.0091.901.430.890.541.27
FINW
FINWISE BANCORP
$10.0116,17429.27%10.089.8911.1811.7510.4545.5946.1853.7564.2873.05-0.19-0.300.110.47
UNTY
UNITY BANCORP INC
$27.8583,541504.27%27.8127.6027.8027.5825.9250.9938.6750.4626.5341.130.110.070.041.07
FCAP
FIRST CAPITAL INC
$28.913,25412,916.00%28.3627.9128.2627.5029.1959.8374.8178.1093.5995.780.230.060.170.71
AX
AXOS FINANCIAL INC
$53.37360,86643.31%51.5451.2152.4549.3845.0057.4864.9263.4076.9475.820.14-0.190.341.42
PNFP
PINNACLE FINANCIAL PARTNERS INC
$85.65359,27650.68%82.1082.5383.7781.2073.2059.1667.8460.8081.0477.460.07-0.330.401.26
CIB
BANCOLOMBIA SA
$34.98232,20930.75%33.8533.3332.4330.7328.9468.0984.7087.2187.4690.080.690.490.200.97
DCOM
DIME COMMUNITY BANCSHARES INC
$19.29298,402165.67%18.5418.4720.1621.7220.9252.8055.7355.9768.7265.88-0.29-0.510.221.14
HBNC
HORIZON BANCORP INC
$12.72168,36361.17%12.1812.2312.5712.4411.6657.0766.4061.2570.8168.60-0.02-0.090.071.16
MBIN
MERCHANTS BANCORP
$42.10183,53288.01%41.2542.3541.9139.4633.8151.0333.5335.9737.8338.19-0.090.01-0.101.06
AVAL
GRUPO AVAL ACCIONES Y VALORES SA
$2.2671,29510.80%2.232.372.492.402.4037.7830.3729.7147.0645.11-0.08-0.07-0.010.82
RBCAA
REPUBLIC BANCORP INC
$50.5612,414-12.90%48.9249.0749.9950.0647.2254.7971.2470.9970.7870.78-0.11-0.310.190.96
BSRR
SIERRA BANCORP
$19.4822,29814.44%18.5318.6419.3019.8019.4356.5263.9155.3576.9871.54-0.09-0.210.121.07
PPBI
PACIFIC PREMIER BANCORP INC
$24.02402,69514.47%22.9023.0924.4724.9423.5754.4758.8252.3878.6975.22-0.29-0.470.181.29
FCF
FIRST COMMONWEALTH FINANCIAL CORP
$13.80355,00512.42%13.3413.3513.6113.8813.4357.3772.7670.0177.5677.420.00-0.070.071.01

Bank Stocks FAQ

What are the best bank stocks to buy right now in Mar 2024?

According to Zen Score, the 3 best bank stocks to buy right now are:

1. Cb Financial Services (NASDAQ:CBFV)


Cb Financial Services (NASDAQ:CBFV) is the top bank stock with a Zen Score of 61, which is 27 points higher than the bank industry average of 34. It passed 21 out of 38 due diligence checks and has strong fundamentals. Cb Financial Services has seen its stock return 0% over the past year, underperforming other bank stocks by -14 percentage points.

Cb Financial Services has an average 1 year price target of $24.50, an upside of 12.9% from Cb Financial Services's current stock price of $21.70.

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.

2. Webster Financial (NYSE:WBS)


Webster Financial (NYSE:WBS) is the second best bank stock with a Zen Score of 59, which is 25 points higher than the bank industry average of 34. It passed 21 out of 38 due diligence checks and has strong fundamentals. Webster Financial has seen its stock return 30.58% over the past year, overperforming other bank stocks by 16 percentage points.

Webster Financial has an average 1 year price target of $60.10, an upside of 18.28% from Webster Financial's current stock price of $50.81.

Webster Financial stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Webster Financial, 60% have issued a Strong Buy rating, 30% have issued a Buy, 10% 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 24 points higher than the bank industry average of 34. It passed 21 out of 38 due diligence checks and has strong fundamentals. Orrstown Financial Services has seen its stock return 32.18% over the past year, overperforming other bank stocks by 18 percentage points.

Orrstown Financial Services has an average 1 year price target of $32.00, an upside of 21.9% from Orrstown Financial Services's current stock price of $26.25.

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 277 bank stocks that have issued dividends in the past year, the 3 bank stocks with the highest dividend yields are:

1. New York Community Bancorp (NYSE:NYCB)


New York Community Bancorp (NYSE:NYCB) has an annual dividend yield of 16.77%, which is 13 percentage points higher than the bank industry average of 3.66%. 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.

2. Bancolombia Sa (NYSE:CIB)


Bancolombia Sa (NYSE:CIB) has an annual dividend yield of 9.61%, which is 6 percentage points higher than the bank industry average of 3.66%. 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.

3. Grupo Aval Acciones Y Valores Sa (NYSE:AVAL)


Grupo Aval Acciones Y Valores Sa (NYSE:AVAL) has an annual dividend yield of 9.13%, which is 5 percentage points higher than the bank industry average of 3.66%. Grupo Aval Acciones Y Valores Sa's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Grupo Aval Acciones Y Valores Sa's dividend has not shown consistent growth over the last 10 years.

Grupo Aval Acciones Y Valores Sa's dividend payout ratio of 61.9% indicates that its high dividend yield is sustainable for the long-term.

Why are bank stocks up?

Bank stocks were up 2.62% in the last day, and up 1.65% over the last week.

We couldn't find a catalyst for why bank stocks are up.

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 51 points higher than the bank industry average of 49. It passed 7 out of 7 valuation due diligence checks.

First Us Bancshares's stock has gained 29.83% in the past year. It has overperformed other stocks in the bank industry by 16 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 51 points higher than the bank industry average of 49. It passed 7 out of 7 valuation due diligence checks.

Hanover Bancorp's stock has dropped -17.4% in the past year. It has underperformed other stocks in the bank industry by -32 percentage points.

3. Midland States Bancorp (NASDAQ:MSBI)


Midland States Bancorp (NASDAQ:MSBI) is the third most undervalued bank stock based on WallStreetZen's Valuation Score. Midland States Bancorp has a valuation score of 100, which is 51 points higher than the bank industry average of 49. It passed 7 out of 7 valuation due diligence checks.

Midland States Bancorp's stock has gained 13.18% in the past year. It has underperformed other stocks in the bank industry by -1 percentage points.

Are bank stocks a good buy now?

34.33% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 9.14% 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 -10.57x.
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