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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
Financials Score
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
WBS
WEBSTER FINANCIAL CORP
$7.81B10.20%1.10%N/A1.40%7.62N/A100.00%34.00%43.37%
ORRF
ORRSTOWN FINANCIAL SERVICES INC
$282.94M14.40%1.20%N/A1.40%10.56N/A100.00%27.70%34.94%
CBFV
CB FINANCIAL SERVICES INC
$112.02M18.50%1.60%N/A2.20%9.41N/A100.00%32.60%43.85%
BBD
BANK BRADESCO
$28.20B13.60%1.20%N/A1.40%10.37N/A100.00%25.60%29.29%
MVBF
MVB FINANCIAL CORP
$253.15M11.30%0.90%N/A1.30%10.45N/A100.00%21.60%27.15%
HDB
HDFC BANK LTD
$108.38B18.30%2.10%N/A2.70%7.84N/A100.00%43.80%58.49%
CASH
PATHWARD FINANCIAL INC
$1.35B23.90%2.20%N/A2.70%9.86N/A100.00%24.80%27.11%
MTB
M&T BANK CORP
$24.48B10.10%1.30%N/A1.90%6.73N/A100.00%29.30%39.05%
SMBC
SOUTHERN MISSOURI BANCORP INC
$469.11M9.60%1.00%N/A1.20%8.88N/A100.00%28.10%35.40%
SBCF
SEACOAST BANKING CORP OF FLORIDA
$2.01B5.00%0.70%N/A1.00%5.92N/A100.00%19.60%25.34%
ITUB
ITAU UNIBANCO HOLDING SA
$59.90B18.50%1.40%N/A2.00%12.78N/A100.00%25.70%39.84%
WABC
WESTAMERICA BANCORPORATION
$1.26B23.80%2.50%N/A3.50%7.24N/A100.00%49.80%68.22%
HBAN
HUNTINGTON BANCSHARES INC
$19.67B9.60%1.00%N/A1.30%8.78N/A100.00%26.10%33.98%
FUSB
FIRST US BANCSHARES INC
$57.12M9.70%0.80%N/A1.10%10.84N/A100.00%21.00%27.89%
OVLY
OAK VALLEY BANCORP
$199.62M20.90%1.60%N/A2.60%10.09N/A100.00%37.90%49.48%
IFS
INTERCORP FINANCIAL SERVICES INC
$2.48B11.30%1.20%N/A1.50%8.00N/A-4.20%25.10%31.54%
TCBX
THIRD COAST BANCSHARES INC
$265.47M7.20%0.70%N/A1.10%9.67N/A100.00%20.30%29.43%
CFG
CITIZENS FINANCIAL GROUP INC
$16.06B6.30%0.70%N/A0.90%8.12N/A100.00%19.80%25.38%
PFC
PREMIER FINANCIAL CORP
$717.45M11.90%1.30%N/A1.60%7.84N/A100.00%36.80%46.08%
FCNCA
FIRST CITIZENS BANCSHARES INC
$26.15B56.60%5.40%N/A5.60%9.06N/A100.00%65.50%69.36%
ESQ
ESQUIRE FINANCIAL HOLDINGS INC
$392.56M22.40%2.70%N/A4.10%7.14N/A100.00%37.60%51.27%
CCBG
CAPITAL CITY BANK GROUP INC
$461.53M12.40%1.20%N/A1.60%8.75N/A100.00%23.70%29.56%
SPFI
SOUTH PLAINS FINANCIAL INC
$435.80M16.30%1.50%N/A2.00%9.33N/A100.00%29.30%37.05%
TBBK
BANCORP INC
$1.76B25.20%2.50%N/A3.80%8.55N/A100.00%42.90%57.34%
FBIZ
FIRST BUSINESS FINANCIAL SERVICES INC
$281.51M13.00%1.10%N/A1.30%11.11N/A100.00%26.60%34.73%
MSBI
MIDLAND STATES BANCORP INC
$516.96M8.60%0.80%N/A1.30%8.94N/A100.00%23.60%38.22%
SNV
SYNOVUS FINANCIAL CORP
$5.36B10.60%0.80%N/A1.10%10.68N/A100.00%25.00%34.34%
BLX
FOREIGN TRADE BANK OF LATIN AMERICA INC
$1.08B14.60%1.70%N/A1.30%7.93N/A100.00%62.40%62.44%
OPBK
OP BANCORP
$141.04M12.90%1.10%N/A1.60%10.15N/A100.00%29.40%41.24%
OSBC
OLD SECOND BANCORP INC
$633.04M17.30%1.60%N/A2.00%8.91N/A100.00%34.00%46.14%
BY
BYLINE BANCORP INC
$935.50M12.30%1.30%N/A1.70%7.97N/A100.00%30.40%41.00%
CBAN
COLONY BANKCORP INC
$190.51M9.00%0.70%N/A0.90%10.98N/A100.00%19.70%24.68%
INTR
INTER & CO INC
$2.03B4.20%0.60%N/A1.30%7.06N/A132.40%6.40%15.08%
VLY
VALLEY NATIONAL BANCORP
$3.95B7.30%0.80%N/A1.10%8.09N/A100.00%26.20%36.85%
USB
US BANCORP
$63.87B9.40%0.70%N/A1.00%10.99N/A100.00%19.60%26.56%
VBTX
VERITEX HOLDINGS INC
$1.11B7.20%0.90%N/A1.20%7.09N/A100.00%28.70%38.20%
SMMF
SUMMIT FINANCIAL GROUP INC
$402.48M13.30%1.20%N/A1.50%9.53N/A100.00%32.90%42.62%
HTBK
HERITAGE COMMERCE CORP
$500.37M9.80%1.20%N/A1.90%6.72N/A100.00%33.70%47.22%
MCB
METROPOLITAN BANK HOLDING CORP
$458.69M12.20%1.20%N/A1.60%9.73N/A100.00%32.40%44.84%
ASB
ASSOCIATED BANC-CORP
$3.23B4.30%0.40%N/A0.50%9.26N/A100.00%16.80%20.21%
EBC
EASTERN BANKSHARES INC
$2.28B8.80%1.10%N/A0.80%6.10N/A100.00%79.30%57.71%
ONB
OLD NATIONAL BANCORP
$4.88B10.60%1.20%N/A1.50%7.83N/A100.00%31.80%42.26%
CFR
CULLEN/FROST BANKERS INC
$7.11B16.00%1.10%N/A1.50%12.61N/A100.00%28.40%34.31%
FSBW
FS BANCORP INC
$245.41M14.30%1.20%N/A1.50%10.24N/A100.00%25.90%32.57%
INDB
INDEPENDENT BANK CORP
$2.22B8.40%1.20%N/A1.70%5.68N/A100.00%33.80%44.52%
QCRH
QCR HOLDINGS INC
$966.26M13.60%1.40%N/A1.50%8.63N/A100.00%33.70%37.56%
CIVB
CIVISTA BANCSHARES INC
$237.19M12.30%1.20%N/A1.30%9.38N/A100.00%27.20%31.99%
CMA
COMERICA INC
$6.91B14.90%1.00%N/A1.20%12.40N/A100.00%24.40%32.66%
UBFO
UNITED SECURITY BANCSHARES
$127.69M17.00%1.60%N/A2.10%8.88N/A100.00%37.10%51.42%
FBK
FB FINANCIAL CORP
$1.78B8.60%0.90%N/A1.30%7.66N/A100.00%25.30%31.62%
WSFS
WSFS FINANCIAL CORP
$2.68B11.50%1.30%N/A1.90%7.32N/A100.00%29.00%39.42%
ABCB
AMERIS BANCORP
$3.28B8.10%1.00%N/A1.40%6.36N/A100.00%28.80%38.17%
KEY
KEYCORP
$13.64B5.90%0.40%N/A0.50%11.86N/A100.00%14.00%19.73%
PLBC
PLUMAS BANCORP
$206.54M22.70%1.90%N/A2.60%9.93N/A100.00%38.30%51.72%
BCAL
SOUTHERN CALIFORNIA BANCORP
$259.88M9.40%1.10%N/A1.60%7.19N/A100.00%26.80%38.15%
BKU
BANKUNITED INC
$2.04B6.80%0.50%N/A0.60%12.30N/A100.00%19.90%26.57%
IBOC
INTERNATIONAL BANCSHARES CORP
$3.48B18.30%2.70%N/A3.60%5.16N/A100.00%51.50%65.53%
STBA
S&T BANCORP INC
$1.19B11.70%1.50%N/A1.90%6.44N/A100.00%37.20%45.95%
FITB
FIFTH THIRD BANCORP
$25.08B12.30%1.00%N/A1.40%10.19N/A100.00%27.00%36.47%
EVBN
EVANS BANCORP INC
$143.39M15.20%1.10%N/A1.50%10.83N/A100.00%26.10%36.90%
HOMB
HOME BANCSHARES INC
$4.93B10.70%1.80%N/A2.40%4.98N/A100.00%39.90%51.98%
CZWI
CITIZENS COMMUNITY BANCORP INC
$109.59M7.80%0.70%N/A1.00%9.68N/A100.00%22.10%32.05%
STEL
STELLAR BANCORP INC
$1.27B8.90%1.20%N/A1.60%6.00N/A100.00%28.80%35.79%
NBHC
NATIONAL BANK HOLDINGS CORP
$1.27B12.20%1.40%N/A1.80%7.21N/A100.00%34.00%42.05%
FCAP
FIRST CAPITAL INC
$93.91M13.40%1.10%N/A1.30%10.00N/A100.00%31.10%36.61%
CFFI
C & F FINANCIAL CORP
$127.33M11.50%1.00%N/A1.20%10.24N/A100.00%19.80%24.38%
IBTX
INDEPENDENT BANK GROUP INC
$1.62B4.40%0.60%N/A0.70%6.86N/A100.00%21.70%27.31%
RF
REGIONS FINANCIAL CORP
$18.02B11.80%1.30%N/A1.70%7.73N/A100.00%28.10%35.73%
FFBC
FIRST FINANCIAL BANCORP
$2.13B11.80%1.50%N/A1.90%6.73N/A95.90%32.10%39.97%
EFSC
ENTERPRISE FINANCIAL SERVICES CORP
$1.46B11.60%1.40%N/A1.80%7.46N/A100.00%32.00%41.45%
PBFS
PIONEER BANCORP INC
$232.76M6.30%0.90%N/A1.30%5.53N/A100.00%21.90%27.70%
CFBK
CF BANKSHARES INC
$116.49M11.30%0.90%N/A1.10%12.25N/A100.00%34.30%42.52%
OFG
OFG BANCORP
$1.72B16.20%1.70%N/A2.70%8.51N/A100.00%28.90%42.20%
CCB
COASTAL FINANCIAL CORP
$551.23M16.10%1.20%N/A1.60%11.72N/A100.00%17.00%21.81%
LARK
LANDMARK BANCORP INC
$103.91M10.40%0.80%N/A0.90%11.31N/A100.00%21.80%25.26%
BFST
BUSINESS FIRST BANCSHARES INC
$552.01M10.70%1.00%N/A1.30%9.22N/A100.00%26.50%36.63%
NEWT
NEWTEKONE INC
$268.83M20.50%3.30%N/A2.60%5.15N/A100.00%23.90%23.67%
LOB
LIVE OAK BANCSHARES INC
$1.53B8.70%0.70%N/A0.80%11.49N/A100.00%18.20%20.42%
BOTJ
BANK OF THE JAMES FINANCIAL GROUP INC
$45.39M16.20%0.90%N/A1.20%15.15N/A100.00%20.30%24.02%
ESSA
ESSA BANCORP INC
$164.89M8.20%0.80%N/A0.90%9.08N/A100.00%26.30%32.74%
WTFC
WINTRUST FINANCIAL CORP
$6.10B11.60%1.10%N/A1.50%9.42N/A100.00%27.60%39.17%
DCOM
DIME COMMUNITY BANCSHARES INC
$719.85M7.40%0.60%N/A0.90%10.12N/A100.00%25.40%39.11%
FINW
FINWISE BANCORP
$135.88M11.70%3.40%N/A5.80%2.78N/A100.00%27.30%37.21%
CIB
BANCOLOMBIA SA
$7.55B15.90%1.80%N/A2.40%7.98N/A100.00%29.00%38.17%
AX
AXOS FINANCIAL INC
$3.01B20.60%1.90%N/A3.00%9.41N/A100.00%38.90%54.91%
PNFP
PINNACLE FINANCIAL PARTNERS INC
$6.27B9.30%1.20%N/A1.60%6.95N/A100.00%34.10%44.58%
PEBO
PEOPLES BANCORP INC
$1.07B11.70%1.30%N/A1.70%7.69N/A100.00%27.50%35.26%
HBCP
HOME BANCORP INC
$289.30M11.50%1.20%N/A1.50%8.04N/A100.00%30.30%37.71%
BANF
BANCFIRST CORP
$2.94B15.60%1.70%N/A2.80%7.63N/A100.00%35.30%44.81%
AVAL
GRUPO AVAL ACCIONES Y VALORES SA
$2.84B4.40%0.20%N/A0.60%16.07N/A100.00%6.20%17.32%
SYBT
STOCK YARDS BANCORP INC
$1.35B13.20%1.40%N/A1.80%8.52N/A100.00%33.10%42.34%
RBCAA
REPUBLIC BANCORP INC
$971.11M10.10%1.40%N/A1.70%6.23N/A100.00%28.90%36.22%
CBNK
CAPITAL BANCORP INC
$273.07M14.80%1.60%N/A2.10%7.74N/A100.00%22.80%29.44%
TRST
TRUSTCO BANK CORP N Y
$514.80M9.40%1.00%N/A1.40%8.56N/A100.00%31.00%41.08%
FISI
FINANCIAL INSTITUTIONS INC
$268.42M11.40%0.80%N/A1.00%12.55N/A100.00%24.40%31.48%
UCBI
UNITED COMMUNITY BANKS INC
$3.07B5.70%0.70%N/A0.90%7.37N/A100.00%22.50%28.10%
PPBI
PACIFIC PREMIER BANCORP INC
$2.12B1.10%0.20%N/A0.20%5.60N/A100.00%7.00%7.72%
BWFG
BANKWELL FINANCIAL GROUP INC
$189.07M14.50%1.10%N/A1.50%11.10N/A100.00%37.20%48.80%
HBNC
HORIZON BANCORP INC
$522.72M4.00%0.40%N/A0.40%10.05N/A100.00%15.10%21.05%
BCBP
BCB BANCORP INC
$160.08M9.50%0.80%N/A1.00%11.20N/A100.00%28.20%40.62%

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 59, which is 26 points higher than the bank industry average of 33. It passed 21 out of 38 due diligence checks and has strong fundamentals. Webster Financial has seen its stock return 25.91% over the past year, overperforming other bank stocks by 6 percentage points.

Webster Financial has an average 1 year price target of $59.00, an upside of 29.73% from Webster Financial's current stock price of $45.48.

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 44.98% over the past year, overperforming other bank stocks by 25 percentage points.

Orrstown Financial Services has an average 1 year price target of $32.00, an upside of 21.07% from Orrstown Financial Services's current stock price of $26.43.

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 2.01% over the past year, underperforming other bank stocks by -18 percentage points.

Cb Financial Services has an average 1 year price target of $24.50, an upside of 12.49% from Cb Financial Services's current stock price of $21.78.

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 3.86%.

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 18.24%, which is 14 percentage points higher than the bank industry average of 3.86%. 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 11.28%, which is 7 percentage points higher than the bank industry average of 3.86%. 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 0.46% in the last day, and up 5.83% over the last week. First Citizens Bancshares was the among the top gainers in the banks - regional industry, gaining 9.8% yesterday.

First Citizens BancShares are trading higher after the company reported better-than-expected Q1 adjusted EPS 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 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 21.25% 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 33.58% in the past year. It has overperformed other stocks in the bank industry by 14 percentage points.

3. Op Bancorp (NASDAQ:OPBK)


Op Bancorp (NASDAQ:OPBK) is the third most undervalued bank stock based on WallStreetZen's Valuation Score. Op 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.

Op Bancorp's stock has gained 5.13% in the past year. It has underperformed other stocks in the bank industry by -15 percentage points.

Are bank stocks a good buy now?

37.2% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 11.45% 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 -10.31x.
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.