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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
OPHC
OPTIMUMBANK HOLDINGS INC
$4.251,061527.81%4.164.164.254.223.6853.1240.6737.5684.4379.24-0.01-0.030.020.19
BMRC
BANK OF MARIN BANCORP
$15.4454,126-42.01%15.3715.4616.2518.3118.6344.4472.6873.5076.7287.69-0.25-0.360.100.96
UNTY
UNITY BANCORP INC
$27.624,703-60.97%27.0226.8227.2527.7126.2855.7686.0288.7485.1891.480.04-0.120.161.06
RMBI
RICHMOND MUTUAL BANCORPORATION INC
$10.8110,35420.30%11.4811.5411.6311.4611.2338.3822.2238.1532.3754.88-0.11-0.05-0.070.55
ACNB
ACNB CORP
$34.166,543-40.75%33.0133.7734.9838.7836.4050.0157.5861.3678.5182.41-0.54-0.740.201.19
FHB
FIRST HAWAIIAN INC
$21.89641,078-11.97%21.3321.3421.3021.5520.2657.2985.5988.5488.9791.960.140.020.120.98
FFIN
FIRST FINANCIAL BANKSHARES INC
$30.36383,718-11.11%29.8030.4631.0030.4528.8948.6852.1153.0072.2673.67-0.26-0.330.071.03
NRIM
NORTHRIM BANCORP INC
$49.027,148-43.71%46.2646.9348.3250.8747.1257.4864.5846.9897.1780.49-0.37-0.710.341.04
FBP
FIRST BANCORP
$17.24874,476-21.43%16.9417.0216.9416.6315.3553.8284.3484.0684.6087.640.100.030.071.38
CAC
CAMDEN NATIONAL CORP
$30.5021,436-43.52%29.8930.3931.4633.8532.7548.0154.9854.7088.2988.51-0.39-0.570.170.88
COLB
COLUMBIA BANKING SYSTEM INC
$19.123,714,95515.22%18.3718.4018.5021.1520.9657.3181.7788.6893.6296.520.05-0.120.171.17
BFC
BANK FIRST CORP
$78.8613,365-12.78%78.2780.0482.5184.3182.6944.4542.7344.9461.2264.10-1.24-1.280.040.82
GABC
GERMAN AMERICAN BANCORP INC
$32.2564,419-59.54%32.4032.7132.6432.4530.4045.9746.5158.0259.2374.16-0.05-0.05-0.000.83
CFFI
C & F FINANCIAL CORP
$38.5429,723129.54%37.0441.5547.5254.3154.6736.2028.9027.5987.3480.79-3.24-3.330.090.77
BMA
MACRO BANK INC
$51.38386,53720.30%49.6550.0244.7936.8929.7557.4941.6749.6018.6632.541.411.80-0.381.15
CATC
CAMBRIDGE BANCORP
$64.2812,37012.34%62.4663.1264.0965.9661.7552.6971.9168.7588.7889.38-0.32-0.620.300.87
FBMS
FIRST BANCSHARES INC
$23.9093,862-53.13%24.2324.3224.6725.9326.7944.4160.6573.8774.8690.19-0.06-0.160.110.91
FCBC
FIRST COMMUNITY BANKSHARES INC
$33.5116,932-45.49%32.6632.6132.8234.2433.0856.3294.1690.8891.6392.600.08-0.110.190.96
FMNB
FARMERS NATIONAL BANC CORP
$12.0757,035-44.81%12.1812.4312.9413.3612.8439.8037.1347.1559.8676.19-0.21-0.230.020.82
HFBL
HOME FEDERAL BANCORP INC OF LOUISIANA
$11.7770-82.19%11.8612.0812.4613.1213.6139.4937.7326.9570.8247.16-0.22-0.21-0.010.04
LCNB
LCNB CORP
$15.2416,80420.70%14.9314.8314.7214.9915.0455.9373.8975.5695.6497.470.090.030.060.94
MCBC
MACATAWA BANK CORP
$14.24121,126-41.05%13.6711.6310.5110.659.9885.0296.9697.1998.5999.531.260.930.330.76
MOFG
MIDWESTONE FINANCIAL GROUP INC
$20.4159,418139.71%20.6321.1822.1523.7022.5939.9054.5358.1477.9289.87-0.46-0.530.071.10
AUB
ATLANTIC UNION BANKSHARES CORP
$32.28244,833-44.25%32.5232.9333.5434.2232.1243.1037.4445.9355.4767.03-0.34-0.350.011.10
SMBK
SMARTFINANCIAL INC
$20.6641,176-36.87%19.9220.0620.7522.0922.2554.6079.2869.1596.6295.01-0.10-0.290.191.01
CATY
CATHAY GENERAL BANCORP
$35.04195,171-75.17%35.2035.7237.6739.9137.8141.9637.8041.8659.2861.94-0.75-0.830.091.22
SHBI
SHORE BANCSHARES INC
$10.5349,832-40.54%10.4210.6010.9912.0311.6244.0450.7951.9189.3095.04-0.16-0.210.051.06
VABK
VIRGINIA NATIONAL BANKSHARES CORP
$25.5034,181-10.68%24.8126.5528.6331.9132.3536.7119.4214.0955.1734.89-1.26-1.270.010.22
NECB
NORTHEAST COMMUNITY BANCORP INC
$15.8846,3744.59%15.3315.3315.4516.2816.0263.4684.9785.6792.3792.370.04-0.060.100.44
PB
PROSPERITY BANCSHARES INC
$63.55640,174-21.24%61.6762.1962.5563.7860.3855.2077.4373.4685.2488.640.11-0.280.381.04
UMBF
UMB FINANCIAL CORP
$83.17132,250-3.64%81.9482.3481.8481.3673.5353.7983.2384.3979.9690.560.350.100.251.07
AROW
ARROW FINANCIAL CORP
$22.9635,188-29.97%22.5022.9123.7725.2022.4047.4357.5457.3985.6190.11-0.34-0.450.100.97
CZFS
CITIZENS FINANCIAL SERVICES INC
$40.0019,99689.68%43.6245.3845.2952.7054.0030.9015.7425.978.7420.64-1.06-0.62-0.450.24
CVLY
CODORUS VALLEY BANCORP INC
$22.4712,512-68.71%21.9921.9222.3823.1221.6556.1576.5573.9092.9494.39-0.00-0.140.140.79
PKBK
PARKE BANCORP INC
$16.467,022-67.01%16.3616.4516.6517.6917.5147.9462.3257.4283.8786.70-0.10-0.140.040.98
TSBK
TIMBERLAND BANCORP INC
$25.257,545-41.01%24.9425.1925.9427.7628.2448.2868.3468.2969.6779.84-0.25-0.370.111.01
SSB
SOUTHSTATE CORP
$77.95466,247-20.52%78.1579.4381.4181.9676.6543.1643.9050.1966.9875.68-0.82-0.910.091.08
HMNF
HMN FINANCIAL INC
$19.701,068-16.24%19.6420.0920.2221.1520.1842.8233.3328.6366.6758.29-0.26-0.24-0.020.21
SFBS
SERVISFIRST BANCSHARES INC
$60.75131,408-54.97%60.5861.6162.8063.0457.8045.8940.2745.4160.4468.77-0.54-0.670.131.08
MBCN
MIDDLEFIELD BANC CORP
$21.925,455-37.36%22.2622.6123.5726.7727.1038.4720.8633.0348.3771.54-0.48-0.510.020.61
MNSB
MAINSTREET BANCSHARES INC
$15.9035,9866.08%16.3916.9917.6619.8920.8337.5722.2525.2145.9944.59-0.58-0.48-0.110.74
LBAI
LAKELAND BANCORP INC
$12.52227,962-7.04%12.0811.9412.0012.9413.0257.0288.7292.6386.3093.260.14-0.000.141.06
NFBK
NORTHFIELD BANCORP INC
$8.52273,060-21.61%8.488.789.4410.6910.4542.1945.9652.0172.8185.18-0.29-0.350.050.82
BFIN
BANKFINANCIAL CORP
$10.056,5066.60%10.0910.2010.1710.199.4542.6015.3416.8045.5945.17-0.05-0.03-0.020.77
FRME
FIRST MERCHANTS CORP
$34.13233,621-8.46%33.7233.6833.7734.4932.0452.7681.4786.2977.3588.330.15-0.000.161.01
FRAF
FRANKLIN FINANCIAL SERVICES CORP
$30.401,287-77.86%28.8027.3426.7228.8729.4478.1086.5984.8383.0684.311.020.540.480.61
EGBN
EAGLE BANCORP INC
$19.41389,646-51.05%21.0521.5622.4924.9124.0533.3440.1255.3736.9467.70-0.56-0.47-0.091.01
ECBK
ECB BANCORP INC
$12.2755-97.19%12.5612.7312.8712.8612.2133.4114.5320.3736.5038.05-0.16-0.10-0.060.32
CHCO
CITY HOLDING CO
$104.1136,449-42.68%102.20101.56101.81103.6598.5056.9387.5791.4884.5293.180.690.080.620.76
BCML
BAYCOM CORP
$20.1527,955-4.93%19.9520.0520.0020.9020.2851.8167.6960.1286.2871.54-0.02-0.040.020.75
CCNE
CNB FINANCIAL CORP
$19.0733,321-20.47%18.8619.2219.7720.6819.7845.4867.7468.1991.2896.20-0.24-0.300.061.09
CFB
CROSSFIRST BANKSHARES INC
$12.5187,078-42.03%12.3712.6912.9413.1412.0245.7570.9671.2676.0477.74-0.17-0.190.010.76
CWBC
COMMUNITY WEST BANCSHARES
$17.8321,241-53.49%18.0518.3218.6019.3317.4941.3652.4053.8064.2966.83-0.25-0.22-0.021.07
FBNC
FIRST BANCORP
$31.52179,263-30.04%32.2533.0333.9734.6932.4140.4540.2258.3059.7779.83-0.53-0.52-0.001.02
FCF
FIRST COMMONWEALTH FINANCIAL CORP
$13.55396,922-49.22%13.1513.1813.2813.9013.4456.6383.2282.9888.8994.490.03-0.060.091.00
HTBI
HOMETRUST BANCSHARES INC
$26.0817,243-46.21%24.8625.0625.5426.0224.2459.0093.8384.0295.9997.24-0.01-0.240.230.83
HTH
HILLTOP HOLDINGS INC
$30.36163,517-19.54%29.7830.0130.4931.7630.6252.3585.0082.1093.7696.91-0.10-0.240.151.03
LYG
LLOYDS BANKING GROUP PLC
$2.6110,336,592-12.35%2.522.562.472.362.2459.7947.9143.4443.4336.500.010.02-0.001.14
NBTB
NBT BANCORP INC
$35.9796,728-45.95%34.5934.8934.7936.7935.5658.4982.1280.0194.0093.250.12-0.100.220.85
UBCP
UNITED BANCORP INC
$12.804,15740.68%12.9813.4912.9012.5311.8644.4812.4718.0222.7926.24-0.080.03-0.120.12
OBK
ORIGIN BANCORP INC
$30.97174,6495.01%29.2029.4429.7731.4431.0062.5580.4371.66100.0097.080.05-0.230.280.84
DB
DEUTSCHE BANK AKTIENGESELLSCHAFT
$17.774,045,134-41.38%16.3216.1014.9514.0512.5377.9896.4697.1589.1782.930.590.440.151.13
MBWM
MERCANTILE BANK CORP
$36.1945,648-26.96%35.6836.1536.7037.9535.5949.1277.2180.0687.4993.94-0.17-0.330.150.99
FUNC
FIRST UNITED CORP
$22.5229,568-22.28%22.2122.4022.1822.2919.5256.5652.8747.3267.9055.24-0.01-0.01-0.010.50
FXNC
FIRST NATIONAL CORP
$15.03450-73.91%15.0815.4816.9018.6718.1932.1727.4030.0777.4082.05-0.58-0.650.070.22
HAFC
HANMI FINANCIAL CORP
$15.82457,42640.88%15.1015.1515.2316.5916.6858.6476.3275.5183.8583.900.03-0.080.111.15
EBTC
ENTERPRISE BANCORP INC
$24.9013,178-27.50%24.1124.3625.4727.6427.9352.1969.5063.0796.3693.68-0.28-0.470.191.27
RNST
RENASANT CORP
$29.85137,424-57.18%29.5129.6730.2831.2129.2849.9672.8779.3577.6088.93-0.08-0.230.151.00
CTBI
COMMUNITY TRUST BANCORP INC
$42.6431,837-23.92%41.5341.2440.6741.3139.2259.6187.0089.4985.0692.780.540.290.260.90
OPOF
OLD POINT FINANCIAL CORP
$14.55144-56.50%14.6915.2316.1716.8917.3137.1410.5810.2150.0049.45-0.53-0.52-0.010.42
SSBK
SOUTHERN STATES BANCSHARES INC
$24.3417,580-11.02%23.9524.2424.8426.0624.7448.6874.4573.1777.6783.59-0.26-0.350.090.26
SASR
SANDY SPRING BANCORP INC
$21.49290,3990.13%20.7621.0421.5723.4022.7952.3762.9868.3680.0785.54-0.16-0.320.161.04
CBSH
COMMERCE BANCSHARES INC
$55.41300,167-9.36%54.0053.2652.4552.6850.8064.9091.2090.8289.1194.610.850.520.330.92
FHN
FIRST HORIZON CORP
$14.812,893,646-51.84%14.5414.6414.6214.3013.1253.4165.7967.4187.0088.970.02-0.020.041.18
BSVN
BANK7 CORP
$27.4610,746-36.54%27.4827.4827.5226.9625.4849.9147.3150.8021.0430.97-0.04-0.00-0.030.96
BRKL
BROOKLINE BANCORP INC
$8.34636,357-33.74%9.089.249.5210.049.7330.9542.8359.8232.2565.37-0.20-0.15-0.060.93
PBBK
PB BANKSHARES INC
$12.166,953359.85%2.682.953.804.905.4342.6754.7649.9797.5299.17-0.32-0.400.080.06
SRCE
1ST SOURCE CORP
$49.3287,04432.49%49.4649.7250.1651.3348.2646.5776.6883.4281.8193.80-0.06-0.240.180.95
BSAC
BANCO SANTANDER CHILE
$18.19285,39118.75%18.2319.1119.4119.2018.9935.4018.3017.6924.0822.95-0.42-0.32-0.100.69
FMAO
FARMERS & MERCHANTS BANCORP INC
$21.7224,82955.74%20.7120.8020.8021.8420.5357.4457.5455.6480.3786.910.03-0.070.101.09
IBN
ICICI BANK LTD
$26.532,457,672-5.57%25.9526.0025.9225.0324.0759.3579.1271.8774.4168.520.130.070.060.91
PBHC
PATHFINDER BANCORP INC
$12.66195-83.13%12.3212.3112.1712.7413.2156.1573.9262.1887.1575.570.060.020.040.13
UBSI
UNITED BANKSHARES INC
$33.35755,76125.70%33.5733.8334.2235.3132.6445.0057.5771.4761.5180.77-0.15-0.210.051.09
SFNC
SIMMONS FIRST NATIONAL CORP
$17.50460,816-19.40%17.9718.3918.7318.8217.9639.4430.0942.7836.1453.88-0.24-0.20-0.041.11
FIBK
FIRST INTERSTATE BANCSYSTEM INC
$27.00511,803-60.65%25.7125.7326.0927.5026.4859.8289.1485.24100.0098.420.10-0.140.240.93
UNB
UNION BANKSHARES INC
$28.112,439-56.69%27.5728.4029.6530.0226.9644.8347.2043.1873.0362.69-0.61-0.680.070.78
PWOD
PENNS WOODS BANCORP INC
$17.5221,073-61.94%17.5818.1218.7920.0721.6839.2618.4819.8550.7749.15-0.41-0.40-0.010.61
HOPE
HOPE BANCORP INC
$10.96413,508-30.72%10.7110.7810.9511.2110.3452.9885.2383.2790.6994.36-0.02-0.080.051.06
PFS
PROVIDENT FINANCIAL SERVICES INC
$15.09567,207-43.07%14.6014.4414.7515.9115.9955.7686.9791.4585.9593.280.11-0.080.191.03
BCH
BANK OF CHILE
$22.20117,257-49.31%22.0322.3622.5922.5421.7847.9451.2655.1158.2364.01-0.10-0.110.010.66
BVFL
BV FINANCIAL INC
$10.501,306-61.20%0.530.420.390.54N/A50.5348.4457.4929.2851.500.040.040.000.16
MRBK
MERIDIAN CORP
$9.1013,07098.33%8.699.009.4711.0711.1348.6059.7444.16100.0079.93-0.26-0.310.060.38
BSRR
SIERRA BANCORP
$20.5021,014-18.40%19.0918.9918.8019.9219.6263.5287.2985.0888.3893.940.330.050.281.06
TCBK
TRICO BANCSHARES
$33.85120,70715.75%33.3933.6634.2736.8135.6449.0874.4080.8181.3590.90-0.17-0.370.200.94
HBT
HBT FINANCIAL INC
$18.8921,153-31.72%18.6118.7118.9319.5719.2252.0860.8962.1590.5295.07-0.04-0.110.060.87
RVSB
RIVERVIEW BANCORP INC
$4.459,28412.02%4.324.444.635.275.4846.5355.3649.06100.0092.49-0.09-0.120.030.94
TRMK
TRUSTMARK CORP
$30.05309,846-52.20%27.3127.1126.8826.9924.8172.9793.3587.58100.0097.700.560.140.420.93
FNB
FNB CORP
$13.743,685,02340.58%13.2513.3713.4713.4112.4758.9588.7085.1598.0796.900.01-0.060.071.23
WAFD
WAFD INC
$27.91259,241-29.59%27.6327.6527.7429.1128.1351.4664.3672.3570.7183.440.04-0.070.111.01
HTLF
HEARTLAND FINANCIAL USA INC
$35.72189,4675.14%34.7134.3433.9735.0932.8259.4079.3782.7386.7092.940.430.220.221.13

Bank Stocks FAQ

What are the best bank stocks to buy right now in Apr 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 22.46% over the past year, overperforming other bank stocks by 4 percentage points.

Webster Financial has an average 1 year price target of $59.00, an upside of 31.02% from Webster Financial's current stock price of $45.03.

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. Orrstown Financial Services (NASDAQ:ORRF)


Orrstown Financial Services (NASDAQ:ORRF) is the second best bank stock with a Zen Score of 58, which is 25 points higher than the bank industry average of 33. It passed 21 out of 38 due diligence checks and has strong fundamentals. Orrstown Financial Services has seen its stock return 42.75% over the past year, overperforming other bank stocks by 24 percentage points.

Orrstown Financial Services has an average 1 year price target of $32.00, an upside of 20.85% from Orrstown Financial Services's current stock price of $26.48.

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.

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 5.01% 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 8.26% from Cb Financial Services's current stock price of $22.63.

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 3.82%.

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 18.86%, which is 15 percentage points higher than the bank industry average of 3.82%. 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 10.79%, which is 7 percentage points higher than the bank industry average of 3.82%. 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 -0.44% in the last day, and up 2.7% over the last week.

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

What are the most undervalued bank stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued bank stocks right now are:

1. First Business Financial Services (NASDAQ:FBIZ)


First Business Financial Services (NASDAQ:FBIZ) is the most undervalued bank stock based on WallStreetZen's Valuation Score. First Business Financial Services has a valuation score of 100, which is 50 points higher than the bank industry average of 50. It passed 7 out of 7 valuation due diligence checks.

First Business Financial Services's stock has gained 21.38% in the past year. It has overperformed other stocks in the bank industry by 2 percentage points.

2. First Us Bancshares (NASDAQ:FUSB)


First Us Bancshares (NASDAQ:FUSB) is the second most undervalued bank stock based on WallStreetZen's Valuation Score. First Us Bancshares has a valuation score of 100, which is 50 points higher than the bank industry average of 50. It passed 7 out of 7 valuation due diligence checks.

First Us Bancshares's stock has gained 35.76% in the past year. It has overperformed other stocks in the bank industry by 17 percentage points.

3. Southern Missouri Bancorp (NASDAQ:SMBC)


Southern Missouri Bancorp (NASDAQ:SMBC) is the third most undervalued bank stock based on WallStreetZen's Valuation Score. Southern Missouri Bancorp has a valuation score of 100, which is 50 points higher than the bank industry average of 50. It passed 7 out of 7 valuation due diligence checks.

Southern Missouri Bancorp's stock has gained 16.14% in the past year. It has underperformed other stocks in the bank industry by -3 percentage points.

Are bank stocks a good buy now?

37.25% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 13.6% 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 -9.61x.
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