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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
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
$121.97M$23.72$24.001.18%Hold2-24.89%-49.66%7.81%0.75%
ORRF
ORRSTOWN FINANCIAL SERVICES INC
$332.13M$30.98$32.003.29%Strong Buy340.36%5.03%15.98%1.36%
AX
AXOS FINANCIAL INC
$3.98B$69.81$67.25-3.67%Buy410.69%-2.12%20.23%1.96%
PPBI
PACIFIC PREMIER BANCORP INC
$2.61B$27.06$26.33-2.69%Buy656.95%1,170.21%6.18%0.95%
SHBI
SHORE BANCSHARES INC
$442.03M$13.31$13.00-2.33%Hold128.40%167.27%9.67%0.86%
WBS
WEBSTER FINANCIAL CORP
$8.31B$48.47$56.7817.14%Strong Buy97.60%14.02%14.85%1.71%
TBBK
BANCORP INC
$2.49B$48.03$50.334.79%Strong Buy313.27%21.97%34.83%3.59%
BLX
FOREIGN TRADE BANK OF LATIN AMERICA INC
$1.23B$33.60N/AN/AN/AN/A-1.98%7.25%18.21%2.04%
ITUB
ITAU UNIBANCO HOLDING SA
$59.49B$6.07N/AN/AN/AN/A22.93%15.53%25.31%1.89%
FUSB
FIRST US BANCSHARES INC
$58.12M$10.04N/AN/AN/AN/AN/AN/AN/AN/A
SUPV
GRUPO SUPERVIELLE SA
$522.35M$5.90N/AN/AN/AN/A33.31%17.63%105.32%17.47%
SMBC
SOUTHERN MISSOURI BANCORP INC
$558.11M$49.15$51.003.76%Hold14.22%-9.19%10.06%1.04%
CASH
PATHWARD FINANCIAL INC
$1.61B$63.58$63.00-0.91%Buy28.89%-3.29%23.43%2.33%
PFC
PREMIER FINANCIAL CORP
$871.33M$24.33$23.33-4.10%Hold3-4.52%-14.93%8.97%1.01%
FXNC
FIRST NATIONAL CORP
$100.56M$16.02N/AN/AN/AN/A15.94%28.47%11.62%0.95%
FUNC
FIRST UNITED CORP
$158.01M$23.77N/AN/AN/AN/A13.02%27.91%12.66%1.09%
TCBX
THIRD COAST BANCSHARES INC
$319.75M$23.42$22.00-6.06%Buy112.84%4.30%7.83%0.71%
UCBI
UNITED COMMUNITY BANKS INC
$3.47B$29.16$27.00-7.41%Hold219.22%38.45%8.53%1.03%
BSVN
BANK7 CORP
$335.24M$36.25$37.002.07%Buy329.60%32.67%19.74%2.01%
HBNC
HORIZON BANCORP INC
$650.27M$14.74$13.00-11.80%Hold121.04%142.13%9.17%0.84%
IFS
INTERCORP FINANCIAL SERVICES INC
$2.63B$22.79$32.0040.41%Strong Buy132.12%34.93%18.06%2.00%
VBTX
VERITEX HOLDINGS INC
$1.30B$23.86$25.677.57%Buy317.48%25.05%8.36%1.01%
NU
NU HOLDINGS LTD
$62.58B$13.11$14.6211.50%Strong Buy633.10%54.26%61.05%9.47%
FISI
FINANCIAL INSTITUTIONS INC
$344.00M$22.27$19.50-12.44%Hold2-1.15%26.39%10.60%0.75%
FVCB
FVCBANKCORP INC
$223.91M$12.45N/AN/AN/AN/A27.74%233.33%8.56%0.87%
RBCAA
REPUBLIC BANCORP INC
$1.21B$62.10N/AN/AN/AN/AN/AN/AN/AN/A
SPFI
SOUTH PLAINS FINANCIAL INC
$508.18M$30.95$31.000.16%Buy1-12.77%-37.63%10.36%1.00%
INDB
INDEPENDENT BANK CORP
$2.40B$56.62$60.005.97%Hold1-1.62%-13.84%7.09%1.06%
HDB
HDFC BANK LTD
$112.04B$60.30N/AN/AN/AN/A27.91%1.20%46.98%5.31%
CBAN
COLONY BANKCORP INC
$239.68M$13.65N/AN/AN/AN/A5.26%8.69%11.21%0.97%
AVAL
GRUPO AVAL ACCIONES Y VALORES SA
$2.53B$2.13N/AN/AN/AN/A19.38%58.47%259.59%14.46%
HBAN
HUNTINGTON BANCSHARES INC
$20.72B$14.30$15.004.90%Buy127.32%9.17%11.18%1.12%
INTR
INTER & CO INC
$2.62B$6.52$7.108.90%Strong Buy312.86%47.20%13.08%1.76%
HFBL
HOME FEDERAL BANCORP INC OF LOUISIANA
$35.34M$11.26N/AN/AN/AN/AN/AN/AN/AN/A
HTLF
HEARTLAND FINANCIAL USA INC
$2.17B$50.72$45.60-10.09%Strong Buy530.40%172.88%10.09%1.04%
COLB
COLUMBIA BANKING SYSTEM INC
$4.91B$23.47$22.04-6.10%Hold132.20%5.62%11.49%1.09%
EFSC
ENTERPRISE FINANCIAL SERVICES CORP
$1.76B$47.00$48.002.13%Strong Buy45.72%-7.55%9.49%1.13%
CIB
BANCOLOMBIA SA
$7.99B$33.21$37.0011.41%Sell218.25%-2.94%65.92%7.32%
STEL
STELLAR BANCORP INC
$1.40B$26.07$27.505.49%Buy2-1.56%-13.84%6.93%0.99%
MOFG
MIDWESTONE FINANCIAL GROUP INC
$420.98M$26.72$24.50-8.31%Hold214.87%43.52%8.11%0.63%
PEBO
PEOPLES BANCORP INC
$1.17B$33.04$33.671.90%Buy34.73%2.14%11.88%1.36%
BFC
BANK FIRST CORP
$906.82M$89.95$99.0010.06%Hold1-18.66%-23.90%9.93%1.48%
IBOC
INTERNATIONAL BANCSHARES CORP
$4.08B$65.61N/AN/AN/AN/AN/AN/AN/AN/A
OSBC
OLD SECOND BANCORP INC
$735.47M$16.40$17.003.66%Strong Buy25.09%-4.10%14.14%1.50%
OVLY
OAK VALLEY BANCORP
$222.78M$26.65N/AN/AN/AN/AN/AN/AN/AN/A
CCBG
CAPITAL CITY BANK GROUP INC
$546.87M$32.28$33.503.78%Strong Buy20.61%-6.46%10.30%1.08%
FBMS
FIRST BANCSHARES INC
$907.22M$29.06$28.00-3.65%Hold11.80%1.29%9.27%1.12%
SNV
SYNOVUS FINANCIAL CORP
$6.59B$44.99$42.47-5.61%Strong Buy159.17%22.97%13.92%1.17%
WABC
WESTAMERICA BANCORPORATION
$1.48B$55.54$53.50-3.67%Hold2-7.29%-11.32%15.50%1.90%
BOTJ
BANK OF THE JAMES FINANCIAL GROUP INC
$53.79M$11.84N/AN/AN/AN/AN/AN/AN/AN/A
BBD
BANK BRADESCO
$23.94B$2.25$2.8024.44%Hold133.64%37.00%19.00%1.64%
FSUN
FIRSTSUN CAPITAL BANCORP
N/A$37.02N/AN/AN/AN/AN/AN/AN/AN/A
HTBI
HOMETRUST BANCSHARES INC
$596.61M$34.20$32.50-4.97%Buy20.88%N/AN/AN/A
LARK
LANDMARK BANCORP INC
$108.16M$19.76N/AN/AN/AN/AN/AN/AN/AN/A
CFBK
CF BANKSHARES INC
$129.32M$20.25N/AN/AN/AN/AN/AN/AN/AN/A
ABCB
AMERIS BANCORP
$4.07B$58.91$54.67-7.20%Strong Buy314.25%11.34%9.65%1.31%
MPB
MID PENN BANCORP INC
$425.08M$25.47$26.002.08%Strong Buy12.12%15.58%9.15%0.95%
MVBF
MVB FINANCIAL CORP
$291.60M$22.63$25.0010.47%Strong Buy27.97%15.22%17.09%1.41%
BMRC
BANK OF MARIN BANCORP
$339.56M$20.85$17.33-16.87%Hold310.25%12.29%5.64%0.65%
WSFS
WSFS FINANCIAL CORP
$3.31B$55.01$48.00-12.74%Hold18.36%-5.08%10.62%1.28%
BY
BYLINE BANCORP INC
$1.23B$27.91$26.50-5.05%Buy29.52%-4.38%11.21%1.20%
OPHC
OPTIMUMBANK HOLDINGS INC
$42.97M$4.46$5.2517.71%Hold1N/AN/AN/AN/A
KEY
KEYCORP
$14.67B$15.56$18.2717.41%Buy139.99%41.90%12.92%1.00%
ONB
OLD NATIONAL BANCORP
$6.23B$19.53$20.002.41%Strong Buy57.73%-2.02%11.33%1.28%
BPOP
POPULAR INC
$7.15B$98.97$103.004.07%Strong Buy716.43%23.96%14.94%1.09%
SBCF
SEACOAST BANKING CORP OF FLORIDA
$2.33B$27.46$26.63-3.04%Buy4-3.29%1.57%6.47%0.92%
NEWT
NEWTEKONE INC
$357.65M$14.46$14.00-3.18%Buy325.57%6.22%20.73%3.49%
HOMB
HOME BANCSHARES INC
$5.34B$26.67$27.332.49%Strong Buy32.02%1.68%10.63%1.77%
FFIN
FIRST FINANCIAL BANKSHARES INC
$4.97B$34.81$32.00-8.07%Hold410.33%6.19%14.94%1.69%
HTBK
HERITAGE COMMERCE CORP
$613.78M$10.02$10.504.79%Strong Buy2-3.62%-20.22%7.41%0.95%
FRAF
FRANKLIN FINANCIAL SERVICES CORP
$127.26M$28.95N/AN/AN/AN/AN/AN/AN/AN/A
WAL
WESTERN ALLIANCE BANCORPORATION
$7.83B$71.08$77.649.22%Strong Buy1111.34%14.99%19.33%1.55%
BWFG
BANKWELL FINANCIAL GROUP INC
$201.17M$25.47$34.0033.49%Buy1N/AN/AN/AN/A
FCF
FIRST COMMONWEALTH FINANCIAL CORP
$1.69B$16.54$16.25-1.75%Strong Buy20.04%-14.16%10.92%1.24%
BMA
MACRO BANK INC
$3.37B$52.67N/AN/AN/AN/A4.03%-1.78%293.20%89.18%
INBK
FIRST INTERNET BANCORP
$300.44M$34.71$34.67-0.12%Hold330.81%62.89%9.31%0.64%
MRBK
MERIDIAN CORP
$128.52M$11.49$13.0013.14%Hold111.24%26.17%12.59%0.88%
CFB
CROSSFIRST BANKSHARES INC
$875.94M$17.77$19.006.92%Strong Buy310.64%7.25%10.96%1.05%
IBTX
INDEPENDENT BANK GROUP INC
$2.22B$53.73$55.332.98%Buy62.69%1.19%6.89%0.88%
CZFS
CITIZENS FINANCIAL SERVICES INC
$239.22M$50.32N/AN/AN/AN/A13.78%48.13%10.93%1.06%
FCNCA
FIRST CITIZENS BANCSHARES INC
$26.63B$1,832.69$1.87k1.89%Buy6-0.04%7.34%16.21%1.63%
LYG
LLOYDS BANKING GROUP PLC
$47.99B$3.02$2.75-8.94%Hold1-39.26%-3.30%39.40%2.11%
IBN
ICICI BANK LTD
$102.86B$29.46N/AN/AN/AN/A-8.38%18.98%54.29%5.92%
ESSA
ESSA BANCORP INC
$199.29M$19.67N/AN/AN/AN/A-1.22%-2.70%8.79%0.90%
FGBI
FIRST GUARANTY BANCSHARES INC
$121.42M$9.71N/AN/AN/AN/A14.28%73.47%4.50%0.32%
ACNB
ACNB CORP
$345.08M$40.41$37.00-8.44%Hold12.72%-4.62%10.37%1.20%
OFG
OFG BANCORP
$2.02B$43.00$40.00-6.98%Strong Buy111.23%2.29%15.16%1.65%
QCRH
QCR HOLDINGS INC
$1.14B$67.99$72.005.90%Strong Buy3-1.89%-14.46%11.70%1.23%
PBFS
PIONEER BANCORP INC
$288.87M$11.12N/AN/AN/AN/AN/AN/AN/AN/A
SSB
SOUTHSTATE CORP
$6.78B$88.94$92.674.19%Buy618.23%10.53%12.43%1.53%
OPBK
OP BANCORP
$166.02M$11.10N/AN/AN/AN/AN/A-7.14%11.67%1.02%
MSBI
MIDLAND STATES BANCORP INC
$537.04M$25.00$26.636.50%Hold412.33%2.18%8.26%0.83%
MTB
M&T BANK CORP
$27.93B$167.38$165.55-1.10%Buy113.73%3.98%11.23%1.42%
TRST
TRUSTCO BANK CORP N Y
$617.53M$32.46N/AN/AN/AN/A-5.49%-14.39%8.41%0.88%
CCB
COASTAL FINANCIAL CORP
$684.80M$51.03N/AN/AN/AN/A162.55%18.43%24.61%1.93%
CAC
CAMDEN NATIONAL CORP
$551.55M$37.76N/AN/AN/AN/A5.75%3.64%9.92%0.86%
DCOM
DIME COMMUNITY BANCSHARES INC
$928.27M$23.82$26.8312.65%Strong Buy32.79%-6.60%8.32%0.76%
ALRS
ALERUS FINANCIAL CORP
$425.60M$21.52$23.258.04%Hold226.73%168.63%12.42%1.06%
EBMT
EAGLE BANCORP MONTANA INC
$114.48M$14.28N/AN/AN/AN/A0.70%13.84%7.76%0.63%
HBT
HBT FINANCIAL INC
$729.76M$23.10$21.63-6.39%Sell41.18%-1.94%13.61%1.34%

Bank Stocks FAQ

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

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

1. Orrstown Financial Services (NASDAQ:ORRF)


Orrstown Financial Services (NASDAQ:ORRF) is the top bank stock with a Zen Score of 53, which is 23 points higher than the bank industry average of 30. It passed 19 out of 38 due diligence checks and has strong fundamentals. Orrstown Financial Services has seen its stock return 52.76% over the past year, overperforming other bank stocks by 31 percentage points.

Orrstown Financial Services has an average 1 year price target of $32.00, an upside of 3.29% from Orrstown Financial Services's current stock price of $30.98.

Orrstown Financial Services stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Orrstown Financial Services, 33.33% have issued a Strong Buy rating, 66.67% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Cb Financial Services (NASDAQ:CBFV)


Cb Financial Services (NASDAQ:CBFV) is the second best bank stock with a Zen Score of 53, which is 23 points higher than the bank industry average of 30. It passed 18 out of 38 due diligence checks and has strong fundamentals. Cb Financial Services has seen its stock return 11.36% over the past year, underperforming other bank stocks by -10 percentage points.

Cb Financial Services has an average 1 year price target of $24.00, an upside of 1.18% from Cb Financial Services's current stock price of $23.72.

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.

3. Pacific Premier Bancorp (NASDAQ:PPBI)


Pacific Premier Bancorp (NASDAQ:PPBI) is the third best bank stock with a Zen Score of 52, which is 22 points higher than the bank industry average of 30. It passed 18 out of 38 due diligence checks and has strong fundamentals. Pacific Premier Bancorp has seen its stock return 17.3% over the past year, underperforming other bank stocks by -5 percentage points.

Pacific Premier Bancorp has an average 1 year price target of $26.33, a downside of -2.69% from Pacific Premier Bancorp's current stock price of $27.06.

Pacific Premier Bancorp stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Pacific Premier Bancorp, 33.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 50% 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 257 bank stocks that have issued dividends in the past year, the 3 bank stocks with the highest dividend yields are:

1. Bank Bradesco (NYSE:BBD)


Bank Bradesco (NYSE:BBD) has an annual dividend yield of 11.51%, which is 8 percentage points higher than the bank industry average of 3.28%. Bank Bradesco's dividend payout is not stable, having dropped more than 10% twenty-eight times in the last 10 years. Bank Bradesco's dividend has not shown consistent growth over the last 10 years.

Bank Bradesco's dividend payout ratio of 90.6% 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 10.8%, which is 8 percentage points higher than the bank industry average of 3.28%. 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. Glen Burnie Bancorp (NASDAQ:GLBZ)


Glen Burnie Bancorp (NASDAQ:GLBZ) has an annual dividend yield of 8.99%, which is 6 percentage points higher than the bank industry average of 3.28%. Glen Burnie Bancorp's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Glen Burnie Bancorp's dividend has not shown consistent growth over the last 10 years.

Glen Burnie Bancorp's dividend payout ratio of 114.3% indicates that its high dividend yield might not be sustainable for the long-term.

Why are bank stocks down?

Bank stocks were down -1.46% in the last day, and up 6.91% over the last week. Triumph Financial was the among the top losers in the banks - regional industry, dropping -12.04% yesterday.

Triumph Financial shares are trading lower after Keefe, Bruyette & Woods downgraded the stock from Market Perform to Underperform and lowered its price target from $75 to $70.

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 61 points higher than the bank industry average of 39. It passed 7 out of 7 valuation due diligence checks.

First Us Bancshares's stock has gained 18.12% in the past year. It has underperformed other stocks in the bank industry by -4 percentage points.

2. Bank Of The James Financial Group (NASDAQ:BOTJ)


Bank Of The James Financial Group (NASDAQ:BOTJ) is the second most undervalued bank stock based on WallStreetZen's Valuation Score. Bank Of The James Financial Group has a valuation score of 100, which is 61 points higher than the bank industry average of 39. It passed 7 out of 7 valuation due diligence checks.

Bank Of The James Financial Group's stock has gained 20.2% in the past year. It has underperformed other stocks in the bank industry by -2 percentage points.

3. Pioneer Bancorp (NASDAQ:PBFS)


Pioneer Bancorp (NASDAQ:PBFS) is the third most undervalued bank stock based on WallStreetZen's Valuation Score. Pioneer Bancorp has a valuation score of 86, which is 47 points higher than the bank industry average of 39. It passed 6 out of 7 valuation due diligence checks.

Pioneer Bancorp's stock has gained 14.29% in the past year. It has underperformed other stocks in the bank industry by -8 percentage points.

Are bank stocks a good buy now?

41.98% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 0.06% 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 13.78x.
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.