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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
PVBC
PROVIDENT BANCORP INC
$8.8844,594-4.94%8.178.469.129.699.6454.4883.9268.7292.1982.67-0.16-0.310.150.73
TFC
TRUIST FINANCIAL CORP
$38.174,634,133-35.99%37.2337.6036.8536.6033.3855.7277.7881.6273.4179.520.260.150.101.30
TCBC
TC BANCSHARES INC
$13.66399-63.86%10.3610.3010.4010.5810.5746.4859.4160.1258.0962.12-0.00-0.010.010.10
ASRV
AMERISERV FINANCIAL INC
$2.5134,217367.70%2.602.502.612.832.8447.2781.8284.8580.1883.250.02-0.010.030.36
TBNK
TERRITORIAL BANCORP INC
$7.079,69126.76%7.137.388.129.269.4331.5723.9329.6180.1888.56-0.31-0.350.040.82
CLST
CATALYST BANCORP INC
$11.74225-99.13%11.7411.7911.8111.6611.6644.9020.9828.1029.2336.45-0.02-0.01-0.010.14
FSBC
FIVE STAR BANCORP
$21.7527,703-18.78%21.7321.8222.7623.7322.6642.6455.0460.3676.1883.84-0.28-0.360.080.75
BAFN
BAYFIRST FINANCIAL CORP
$12.902,907144.90%12.7912.8312.8112.5612.2853.8058.8255.5670.4466.430.010.000.010.20
BSBR
BANCO SANTANDER (BRASIL) SA
$5.36524,94413.40%5.215.385.585.875.7547.7528.8626.0657.5551.47-0.11-0.120.011.08
AMAL
AMALGAMATED FINANCIAL CORP
$24.60145,66816.62%22.7122.6623.2124.3321.3766.3095.3391.1298.6799.120.10-0.220.320.88
HONE
HARBORONE BANCORP INC
$10.26260,013-20.37%9.729.7410.0110.7510.3859.7284.2184.03100.00100.00-0.01-0.130.110.78
BWB
BRIDGEWATER BANCSHARES INC
$11.7547,307-50.08%11.6211.5311.6212.0011.1053.4770.9477.8775.7986.590.07-0.000.070.85
ATLO
AMES NATIONAL CORP
$19.7412,91060.35%19.2419.4319.3019.8218.8554.5646.0142.2560.6652.03-0.04-0.060.020.81
SFST
SOUTHERN FIRST BANCSHARES INC
$27.186,126-67.28%27.6228.0330.5333.0430.5237.8537.7749.2257.4369.64-0.86-1.010.151.05
NYCB
NEW YORK COMMUNITY BANCORP INC
$2.9719,326,76685.43%3.013.063.546.318.7440.1544.4453.1466.1979.74-0.19-0.250.060.94
LSBK
LAKE SHORE BANCORP INC
$11.509,15687.12%10.7010.9711.2911.4910.9260.1159.6442.3587.3370.94-0.15-0.210.060.30
KB
KB FINANCIAL GROUP INC
$54.66213,608120.52%48.6349.4451.0246.2743.2963.9777.3173.4189.9591.20-0.18-0.740.560.92
SHFS
SHF HOLDINGS INC
$0.7635,218-4.76%0.730.790.871.000.8044.3241.5031.6676.2659.74-0.05-0.050.000.61
JMSB
JOHN MARSHALL BANCORP INC
$17.3611,593-37.59%16.8016.8517.4718.9818.7352.5381.9476.3787.7587.06-0.14-0.270.130.70
BSBK
BOGOTA FINANCIAL CORP
$6.902,25218.53%6.756.797.197.557.5649.5736.1434.7496.0092.15-0.12-0.160.040.42
LNKB
LINKBANCORP INC
$6.7024,26836.99%6.496.576.807.106.8251.6374.9968.42100.0095.93-0.07-0.110.050.18
BANC
BANC OF CALIFORNIA INC
$14.321,714,285-45.75%13.9914.2514.4813.8513.1651.3743.4237.6151.6942.73-0.11-0.110.001.21
SBT
STERLING BANCORP INC
$4.9516,764-39.18%4.814.865.005.245.5451.9460.3259.3484.5785.82-0.05-0.070.020.93
CLBK
COLUMBIA FINANCIAL INC
$16.8738,605-45.13%16.4916.5216.5517.5417.1856.4584.0881.4895.6497.570.05-0.040.090.68
BHRB
BURKE & HERBERT FINANCIAL SERVICES CORP
$54.677,331-32.61%0.930.950.991.261.8544.8829.1747.5036.7756.00-0.02-0.02-0.000.95
CULL
CULLMAN BANCORP INC
$10.2894449.60%0.800.861.061.221.4237.8132.3525.1752.5936.42-0.09-0.09-0.000.12
WMPN
WILLIAM PENN BANCORPORATION
$12.065,976-49.65%12.1712.2512.2212.2712.1042.5919.8618.2027.1822.19-0.04-0.02-0.020.24
TFIN
TRIUMPH FINANCIAL INC
$71.0791,452-17.17%71.4674.2375.3175.3170.3839.8830.8829.5035.4532.68-1.65-1.16-0.481.41
GBNY
GENERATIONS BANCORP NY INC
$10.233288,100.00%10.0710.0710.2210.139.5154.7045.5139.2543.0425.55-0.03-0.040.02-0.06
MFG
MIZUHO FINANCIAL GROUP INC
$3.85599,094-5.99%3.893.893.893.703.5446.1534.5744.0344.9460.00-0.01-0.00-0.010.60
CPBI
CENTRAL PLAINS BANCSHARES INC
$10.12176-76.47%0.040.030.070.24N/A40.2520.9022.7962.0366.85-0.01-0.010.000.02
CFSB
CFSB BANCORP INC
$6.891-91.67%7.097.137.357.126.9632.9827.5036.180.000.00-0.11-0.08-0.030.10
HMST
HOMESTREET INC
$12.05167,633-28.99%12.4013.0913.9812.7010.2534.619.4215.0540.4847.71-0.56-0.49-0.071.06
FSEA
FIRST SEACOAST BANCORP INC
$8.7596-98.87%8.748.708.568.297.7455.4254.8155.5943.7350.710.070.07-0.000.33
BCOW
1895 BANCORP OF WISCONSIN INC
$7.055-99.88%7.036.927.047.167.0656.2889.4393.5086.8492.260.02-0.010.030.23
BRBS
BLUE RIDGE BANKSHARES INC
$2.5137,874-31.63%2.592.672.602.774.2342.819.5219.5218.6932.84-0.02-0.01-0.010.40
NSTS
NSTS BANCORP INC
$9.58518-93.93%9.589.589.559.489.2155.1242.4250.3724.5244.510.020.02-0.000.16
CARV
CARVER BANCORP INC
$1.6086,087167.85%1.531.511.591.721.9353.4352.4754.1271.6173.90-0.01-0.030.020.64
BLFY
BLUE FOUNDRY BANCORP
$8.7846,64436.13%5.094.465.137.1611.3255.9134.9043.4753.9161.860.19-0.030.220.53
SRBK
SR BANCORP INC
$9.40425272.81%1.161.161.181.21N/A48.0726.1924.6049.0848.09-0.00-0.000.000.29
KFFB
KENTUCKY FIRST FEDERAL BANCORP
$3.9040-92.44%3.843.833.874.024.6556.9573.0642.7675.9849.26-0.00-0.010.010.12
PNBK
PATRIOT NATIONAL BANCORP INC
$3.3954-98.37%3.613.723.783.985.7038.3419.6125.9633.3342.81-0.08-0.05-0.030.54
FFWM
FIRST FOUNDATION INC
$6.08608,6472.62%6.616.877.358.187.2434.0034.3148.1555.7079.62-0.24-0.24-0.001.23
TCBS
TEXAS COMMUNITY BANCSHARES INC
$14.238747.46%8.368.618.929.289.0852.4868.0461.9094.7092.94-0.13-0.180.050.15

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.
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.