WallStreetZenWallStreetZen

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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
CBFV
CB FINANCIAL SERVICES INC
$110.68M$21.52$24.5013.85%Hold2-28.19%N/AN/AN/A
WBS
WEBSTER FINANCIAL CORP
$7.71B$44.88$61.3036.59%Strong Buy1010.53%33.40%N/AN/A
ORRF
ORRSTOWN FINANCIAL SERVICES INC
$277.15M$25.89$32.0023.60%Buy143.35%N/AN/AN/A
MVBF
MVB FINANCIAL CORP
$259.57M$20.22$26.5031.06%Strong Buy26.15%100.41%N/AN/A
BBD
BANK BRADESCO
$28.31B$2.66$2.805.26%Hold125.10%46.23%N/AN/A
TCBX
THIRD COAST BANCSHARES INC
$267.52M$19.66$22.6715.30%Strong Buy314.14%12.32%N/AN/A
CASH
PATHWARD FINANCIAL INC
$1.29B$50.75$63.0024.14%Buy213.57%N/AN/AN/A
SMBC
SOUTHERN MISSOURI BANCORP INC
$476.60M$41.97N/AN/AN/AN/A5.28%52.56%N/AN/A
SBCF
SEACOAST BANKING CORP OF FLORIDA
$2.04B$24.01$27.5014.54%Hold3-1.61%165.32%N/AN/A
MTB
M&T BANK CORP
$24.47B$146.86$161.7710.15%Buy131.85%18.35%N/AN/A
WABC
WESTAMERICA BANCORPORATION
$1.27B$47.76$53.5012.02%Hold2-8.35%N/AN/AN/A
FUSB
FIRST US BANCSHARES INC
$56.54M$9.77N/AN/AN/AN/AN/AN/AN/AN/A
ITUB
ITAU UNIBANCO HOLDING SA
$61.28B$6.25$8.0028.00%Strong Buy124.13%19.76%N/AN/A
FCNCA
FIRST CITIZENS BANCSHARES INC
$23.57B$1,622.72$1.79k10.22%Strong Buy4-47.53%N/AN/AN/A
HDB
HDFC BANK LTD
$108.58B$58.44N/AN/AN/AN/A38.42%23.94%N/AN/A
OVLY
OAK VALLEY BANCORP
$207.16M$24.98N/AN/AN/AN/AN/AN/AN/AN/A
CFG
CITIZENS FINANCIAL GROUP INC
$16.04B$34.97$36.825.28%Buy115.16%34.38%N/AN/A
HBAN
HUNTINGTON BANCSHARES INC
$19.74B$13.63$15.3012.25%Buy156.80%20.19%N/AN/A
PFC
PREMIER FINANCIAL CORP
$735.67M$20.59$23.0011.70%Hold2-12.82%N/AN/AN/A
IFS
INTERCORP FINANCIAL SERVICES INC
$2.53B$21.92$32.0045.99%Strong Buy156.59%61.41%N/AN/A
SPFI
SOUTH PLAINS FINANCIAL INC
$433.83M$26.40$31.0017.42%Buy1-11.32%N/AN/AN/A
TBBK
BANCORP INC
$1.84B$34.90$49.0040.40%Strong Buy315.62%N/AN/AN/A
MCB
METROPOLITAN BANK HOLDING CORP
$473.44M$42.69$55.0028.84%Strong Buy412.66%60.86%N/AN/A
CCBG
CAPITAL CITY BANK GROUP INC
$460.52M$27.18$33.1722.03%Buy34.85%N/AN/AN/A
BY
BYLINE BANCORP INC
$945.27M$21.30$26.5024.41%Buy211.73%N/AN/AN/A
SNV
SYNOVUS FINANCIAL CORP
$5.36B$36.63$41.1812.41%Strong Buy176.57%52.75%N/AN/A
OPBK
OP BANCORP
$139.54M$9.33N/AN/AN/AN/AN/AN/AN/AN/A
MSBI
MIDLAND STATES BANCORP INC
$523.19M$24.33$29.0019.19%Hold18.55%N/AN/AN/A
ESQ
ESQUIRE FINANCIAL HOLDINGS INC
$387.67M$46.81$62.5033.52%Strong Buy213.27%N/AN/AN/A
CFR
CULLEN/FROST BANKERS INC
$7.35B$114.45$117.832.96%Hold126.56%22.94%N/AN/A
CBAN
COLONY BANKCORP INC
$189.63M$10.80N/AN/AN/AN/AN/AN/AN/AN/A
INTR
INTER & CO INC
$2.10B$5.23$6.2519.50%Buy219.56%33.47%N/AN/A
VLY
VALLEY NATIONAL BANCORP
$4.02B$7.90$9.4419.47%Hold84.94%50.53%N/AN/A
OSBC
OLD SECOND BANCORP INC
$649.62M$14.50$17.0017.24%Strong Buy24.40%N/AN/AN/A
USB
US BANCORP
$63.84B$40.97$47.5616.08%Buy164.55%38.91%N/AN/A
FBIZ
FIRST BUSINESS FINANCIAL SERVICES INC
$285.16M$34.33$45.0031.08%Strong Buy213.08%N/AN/AN/A
FITB
FIFTH THIRD BANCORP
$25.25B$37.06$39.085.46%Buy124.30%20.24%N/AN/A
BKU
BANKUNITED INC
$2.05B$27.60$30.339.90%Sell98.74%39.49%N/AN/A
HTBK
HERITAGE COMMERCE CORP
$507.71M$8.30$11.0032.53%Strong Buy3-5.54%N/AN/AN/A
VBTX
VERITEX HOLDINGS INC
$1.13B$20.77$25.3321.97%Buy314.88%N/AN/AN/A
SMMF
SUMMIT FINANCIAL GROUP INC
$400.87M$27.30N/AN/AN/AN/AN/AN/AN/AN/A
ASB
ASSOCIATED BANC-CORP
$3.21B$21.27$22.676.57%Hold616.93%78.20%N/AN/A
ONB
OLD NATIONAL BANCORP
$4.82B$16.47$18.7113.62%Strong Buy76.38%N/AN/AN/A
UBFO
UNITED SECURITY BANCSHARES
$128.73M$7.46N/AN/AN/AN/AN/AN/AN/AN/A
INDB
INDEPENDENT BANK CORP
$2.22B$52.22$60.0014.90%Hold1-3.08%N/AN/AN/A
FSBW
FS BANCORP INC
$243.74M$31.23N/AN/AN/AN/A1.75%N/AN/AN/A
FBK
FB FINANCIAL CORP
$1.81B$38.66$40.605.02%Hold5-0.14%40.08%N/AN/A
CIVB
CIVISTA BANCSHARES INC
$237.50M$15.14$18.5022.19%Hold2-1.15%N/AN/AN/A
WSFS
WSFS FINANCIAL CORP
$2.71B$44.96$38.00-15.48%Hold18.66%N/AN/AN/A
QCRH
QCR HOLDINGS INC
$980.03M$58.36$72.0023.37%Strong Buy32.95%N/AN/AN/A
ABCB
AMERIS BANCORP
$3.30B$47.86$53.5011.78%Buy215.76%N/AN/AN/A
IBOC
INTERNATIONAL BANCSHARES CORP
$3.49B$56.17N/AN/AN/AN/AN/AN/AN/AN/A
PEBO
PEOPLES BANCORP INC
$1.04B$29.20$34.0016.44%Strong Buy18.67%N/AN/AN/A
PLBC
PLUMAS BANCORP
$207.13M$35.14$40.0013.83%Buy14.19%N/AN/AN/A
KEY
KEYCORP
$13.75B$14.72$16.2310.26%Buy138.99%58.29%N/AN/A
BCAL
SOUTHERN CALIFORNIA BANCORP
$258.22M$14.01N/AN/AN/AN/AN/AN/AN/AN/A
STBA
S&T BANCORP INC
$1.19B$31.15N/AN/AN/AN/A-1.35%N/AN/AN/A
EVBN
EVANS BANCORP INC
$144.05M$26.15$29.2511.85%Hold2N/AN/AN/AN/A
HOMB
HOME BANCSHARES INC
$4.97B$24.69$26.005.31%Buy41.44%N/AN/AN/A
IBTX
INDEPENDENT BANK GROUP INC
$1.68B$40.55$55.4036.62%Strong Buy57.94%N/AN/AN/A
CZWI
CITIZENS COMMUNITY BANCORP INC
$113.04M$10.81N/AN/AN/AN/A0.89%N/AN/AN/A
RF
REGIONS FINANCIAL CORP
$17.78B$19.35$20.355.19%Hold132.40%15.40%N/AN/A
STEL
STELLAR BANCORP INC
$1.29B$24.16$29.0020.03%Buy1-5.38%N/AN/AN/A
EBC
EASTERN BANKSHARES INC
$2.31B$13.08N/AN/AN/AN/A168.62%18.18%N/AN/A
NBHC
NATIONAL BANK HOLDINGS CORP
$1.31B$34.80$37.507.76%Buy21.69%N/AN/AN/A
FCAP
FIRST CAPITAL INC
$93.40M$27.85N/AN/AN/AN/AN/AN/AN/AN/A
CFFI
C & F FINANCIAL CORP
$126.71M$37.56N/AN/AN/AN/AN/AN/AN/AN/A
CMA
COMERICA INC
$6.97B$52.64$57.9110.00%Hold16-4.62%74.50%N/AN/A
FFBC
FIRST FINANCIAL BANCORP
$2.15B$22.60$25.0010.62%Buy21.95%N/AN/AN/A
EFSC
ENTERPRISE FINANCIAL SERVICES CORP
$1.47B$39.20$49.0025.00%Strong Buy26.48%N/AN/AN/A
CFBK
CF BANKSHARES INC
$117.03M$18.46N/AN/AN/AN/AN/AN/AN/AN/A
CCB
COASTAL FINANCIAL CORP
$547.21M$40.89$53.0029.62%Strong Buy1123.70%N/AN/AN/A
MCBC
MACATAWA BANK CORP
$490.68M$14.28N/AN/AN/AN/A2.62%N/AN/AN/A
LARK
LANDMARK BANCORP INC
$105.17M$19.23N/AN/AN/AN/AN/AN/AN/AN/A
PBFS
PIONEER BANCORP INC
$232.50M$8.95N/AN/AN/AN/AN/AN/AN/AN/A
OFG
OFG BANCORP
$1.71B$36.25$40.0010.34%Strong Buy111.94%N/AN/AN/A
BFST
BUSINESS FIRST BANCSHARES INC
$556.32M$21.94$25.0013.95%Strong Buy24.25%N/AN/AN/A
LOB
LIVE OAK BANCSHARES INC
$1.76B$39.26$46.3318.02%Strong Buy325.90%79.04%N/AN/A
BOTJ
BANK OF THE JAMES FINANCIAL GROUP INC
$44.98M$9.90N/AN/AN/AN/AN/AN/AN/AN/A
NEWT
NEWTEKONE INC
$270.56M$10.95$14.0027.85%Buy320.91%N/AN/AN/A
BANF
BANCFIRST CORP
$3.04B$92.36$92.00-0.39%Hold10.50%N/AN/AN/A
ESSA
ESSA BANCORP INC
$165.35M$16.32N/AN/AN/AN/A-0.33%N/AN/AN/A
DCOM
DIME COMMUNITY BANCSHARES INC
$754.41M$19.43$27.6342.18%Strong Buy4-3.34%N/AN/AN/A
WTFC
WINTRUST FINANCIAL CORP
$6.14B$99.88$115.1015.24%Strong Buy1010.21%N/AN/AN/A
PNFP
PINNACLE FINANCIAL PARTNERS INC
$6.26B$81.34$93.5715.04%Buy710.11%30.83%N/AN/A
FINW
FINWISE BANCORP
$132.93M$10.37$17.0063.93%Strong Buy128.76%N/AN/AN/A
CIB
BANCOLOMBIA SA
$7.84B$32.62$35.007.30%Strong Sell117.85%-11.77%N/AN/A
HBCP
HOME BANCORP INC
$293.21M$35.98$43.0019.51%Hold1-0.85%N/AN/AN/A
AX
AXOS FINANCIAL INC
$2.94B$51.74$62.0019.83%Buy26.62%-29.30%N/AN/A
AVAL
GRUPO AVAL ACCIONES Y VALORES SA
$2.88B$2.43N/AN/AN/AN/A19.38%177.11%N/AN/A
HBNC
HORIZON BANCORP INC
$540.80M$12.26$13.006.04%Buy221.36%N/AN/AN/A
CBNK
CAPITAL BANCORP INC
$274.04M$19.71$25.0026.84%Buy216.30%N/AN/AN/A
FISI
FINANCIAL INSTITUTIONS INC
$272.89M$17.71$19.5010.11%Hold23.12%N/AN/AN/A
UCBI
UNITED COMMUNITY BANKS INC
$3.12B$26.18$31.0018.41%Buy418.66%N/AN/AN/A
BWFG
BANKWELL FINANCIAL GROUP INC
$198.99M$25.07$34.0035.62%Buy1N/AN/AN/AN/A
MBIN
MERCHANTS BANCORP
$1.74B$40.22$55.0036.75%Strong Buy114.68%N/AN/AN/A
BCBP
BCB BANCORP INC
$162.96M$9.61$12.7532.67%Hold2N/AN/AN/AN/A
SYBT
STOCK YARDS BANCORP INC
$1.34B$45.69$48.005.06%Hold24.05%N/AN/AN/A
RBCAA
REPUBLIC BANCORP INC
$969.56M$49.97N/AN/AN/AN/AN/AN/AN/AN/A
TRST
TRUSTCO BANK CORP N Y
$530.78M$27.90N/AN/AN/AN/A-6.04%N/AN/AN/A

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. Cb Financial Services (NASDAQ:CBFV)


Cb Financial Services (NASDAQ:CBFV) 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 21 out of 38 due diligence checks and has strong fundamentals. Cb Financial Services has seen its stock return 0.12% over the past year, underperforming other bank stocks by -15 percentage points.

Cb Financial Services has an average 1 year price target of $24.50, an upside of 13.85% from Cb Financial Services's current stock price of $21.52.

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 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 17.76% over the past year, overperforming other bank stocks by 3 percentage points.

Webster Financial has an average 1 year price target of $61.30, an upside of 36.59% from Webster Financial's current stock price of $44.88.

Webster Financial stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Webster Financial, 70% have issued a Strong Buy rating, 30% have issued a Buy, 0% 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 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 38.15% over the past year, overperforming other bank stocks by 23 percentage points.

Orrstown Financial Services has an average 1 year price target of $32.00, an upside of 23.6% from Orrstown Financial Services's current stock price of $25.89.

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 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 17.61%, which is 14 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 10.85%, 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 up?

Bank stocks were up 0.8% in the last day, and up 5.38% 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 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 21.26% in the past year. It has overperformed other stocks in the bank industry by 6 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 27.38% in the past year. It has overperformed other stocks in the bank industry by 12 percentage points.

3. Hanover Bancorp (NASDAQ:HNVR)


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

Hanover Bancorp's stock has dropped -7.14% in the past year. It has underperformed other stocks in the bank industry by -22 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 12.8% 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 -10.89x.
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.