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Best Bank Stocks to Buy Now (2023)
Top bank stocks in 2023 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
Consensus
Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
SI
SILVERGATE CAPITAL CORP
$596.13M$18.83$22.5519.73%Hold1167.72%64.07%33.29%2.87%
MSBI
MIDLAND STATES BANCORP INC
$585.19M$26.42$31.0017.34%Hold2N/AN/A11.39%1.08%
PEBO
PEOPLES BANCORP INC
$855.78M$30.27$31.002.41%Hold5N/AN/A12.79%1.39%
MCB
METROPOLITAN BANK HOLDING CORP
$646.72M$59.16$65.009.87%Strong Buy231.63%30.80%20.99%1.90%
CIB
BANCOLOMBIA SA
$7.04B$29.28$38.2530.64%Buy455.33%30.54%66.58%7.40%
FUNC
FIRST UNITED CORP
$127.27M$19.12$25.0030.75%Buy1N/AN/A17.64%1.29%
PKBK
PARKE BANCORP INC
$247.51M$20.76N/AN/AN/AN/AN/AN/AN/AN/A
CFB
CROSSFIRST BANKSHARES INC
$686.00M$14.11$15.8011.98%Buy5N/AN/A12.48%1.24%
PBHC
PATHFINDER BANCORP INC
$112.70M$18.78N/AN/AN/AN/AN/AN/AN/AN/A
BWFG
BANKWELL FINANCIAL GROUP INC
$236.40M$30.66$37.0020.68%Strong Buy1N/AN/A11.99%1.02%
SIVB
SVB FINANCIAL GROUP
$19.10B$323.21$399.6723.66%Buy2024.11%27.25%N/AN/A
MCBS
METROCITY BANKSHARES INC
$520.35M$20.56N/AN/AHold1N/AN/A22.84%2.38%
MTB
M&T BANK CORP
$27.45B$159.02$189.9819.47%Buy1413.81%26.37%N/AN/A
CCNE
CNB FINANCIAL CORP
$523.36M$24.78$29.0017.03%Strong Buy1N/AN/A15.10%1.47%
DCOM
DIME COMMUNITY BANCSHARES INC
$1.22B$31.70$35.7512.78%Buy4N/AN/A12.85%1.14%
LBC
LUTHER BURBANK CORP
$615.96M$12.06$15.0024.38%Buy2N/AN/A9.13%0.78%
BPOP
POPULAR INC
$5.15B$70.80$91.0028.53%Strong Buy4N/AN/A21.94%1.14%
CNOB
CONNECTONE BANCORP INC
$974.41M$24.83$28.0012.77%Strong Buy2N/AN/A10.83%1.31%
ESSA
ESSA BANCORP INC
$216.05M$20.77$18.00-13.34%Hold1N/AN/A9.65%1.10%
LSBK
LAKE SHORE BANCORP INC
$72.50M$12.70N/AN/AN/AN/AN/AN/AN/AN/A
FISI
FINANCIAL INSTITUTIONS INC
$392.58M$25.60$29.0013.28%Hold1N/AN/A13.70%0.96%
FMNB
FARMERS NATIONAL BANC CORP
$500.00M$14.68$15.837.85%Hold4N/AN/A27.31%1.76%
BCBP
BCB BANCORP INC
$303.03M$17.94$20.2512.88%Hold2N/AN/A15.36%1.33%
FNLC
FIRST BANCORP INC
$338.11M$30.62N/AN/AN/AN/AN/AN/AN/AN/A
PFIS
PEOPLES FINANCIAL SERVICES CORP
$381.21M$53.24$56.005.18%Hold1N/AN/A13.81%1.18%
ISTR
INVESTAR HOLDING CORP
$204.05M$20.63$25.3322.80%Buy3N/AN/A12.74%0.98%
FUSB
FIRST US BANCSHARES INC
$56.50M$9.72N/AN/AN/AN/AN/AN/AN/AN/A
PFC
PREMIER FINANCIAL CORP
$906.59M$25.49$30.0017.69%Buy3N/AN/A13.32%1.40%
CZWI
CITIZENS COMMUNITY BANCORP INC
$131.46M$12.54$15.0019.62%Buy2N/AN/A9.37%0.86%
MVBF
MVB FINANCIAL CORP
$307.81M$24.41$49.75103.81%Buy274.25%115.69%25.49%1.98%
OPBK
OP BANCORP
$177.84M$11.70N/AN/AHold1N/AN/A18.77%1.57%
FGBI
FIRST GUARANTY BANCSHARES INC
$236.41M$22.06N/AN/AHold1N/AN/A12.50%0.93%
EFSC
ENTERPRISE FINANCIAL SERVICES CORP
$2.08B$55.77$59.506.69%Strong Buy3N/AN/A13.26%1.48%
WBS
WEBSTER FINANCIAL CORP
$9.59B$55.09$58.676.49%Buy646.77%87.44%14.56%1.65%
EBC
EASTERN BANKSHARES INC
$2.85B$16.12$18.1712.70%Sell318.01%54.78%12.36%1.35%
CSTR
CAPSTAR FINANCIAL HOLDINGS INC
$388.11M$17.71$19.6310.81%Hold5N/AN/A13.06%1.43%
FBIZ
FIRST BUSINESS FINANCIAL SERVICES INC
$306.56M$36.36$41.0012.76%Buy1N/AN/A13.50%1.20%
HOPE
HOPE BANCORP INC
$1.65B$13.78$16.0016.11%Hold1N/AN/A11.37%1.18%
TBBK
BANCORP INC
$2.00B$35.72$29.00-18.81%Strong Buy1N/AN/A23.95%2.04%
NWFL
NORWOOD FINANCIAL CORP
$279.01M$34.29N/AN/AN/AN/AN/AN/AN/AN/A
CBFV
CB FINANCIAL SERVICES INC
$110.81M$21.76$24.0010.29%Hold1N/AN/A11.69%0.87%
VLY
VALLEY NATIONAL BANCORP
$6.34B$12.52$12.751.84%Buy532.88%34.42%11.54%1.29%
CFBK
CF BANKSHARES INC
$135.30M$20.86$22.507.86%Hold1N/AN/A14.19%1.08%
HTBK
HERITAGE COMMERCE CORP
$765.06M$12.60$13.003.17%Buy1N/AN/A13.15%1.48%
SMMF
SUMMIT FINANCIAL GROUP INC
$343.54M$26.88$32.5020.91%Buy2N/AN/A15.75%1.38%
HWC
HANCOCK WHITNEY CORP
$4.61B$53.84$57.506.80%Strong Buy6N/AN/A16.06%1.48%
FFWM
FIRST FOUNDATION INC
$912.92M$16.19$18.2512.72%Hold4N/AN/A11.91%1.08%
SMBC
SOUTHERN MISSOURI BANCORP INC
$461.64M$50.02$56.0011.96%Strong Buy114.35%18.01%16.82%1.59%
NKSH
NATIONAL BANKSHARES INC
$240.47M$40.43$37.00-8.48%Buy2N/AN/A19.35%1.28%
SPFI
SOUTH PLAINS FINANCIAL INC
$482.46M$28.38$29.002.18%Strong Buy1N/AN/A12.43%1.06%
FDBC
FIDELITY D & D BANCORP INC
$276.87M$49.17N/AN/AN/AN/AN/AN/AN/AN/A
UBFO
UNITED SECURITY BANCSHARES
$139.97M$8.21N/AN/AN/AN/AN/AN/AN/AN/A
BAP
CREDICORP LTD
$12.81B$135.73$150.2510.70%Strong Buy436.51%41.08%23.08%2.50%
OPHC
OPTIMUMBANK HOLDINGS INC
$27.89M$4.12N/AN/AN/AN/AN/AN/AN/AN/A
CATY
CATHAY GENERAL BANCORP
$3.37B$45.31$44.67-1.42%Hold3N/AN/A15.78%1.74%
FFIC
FLUSHING FINANCIAL CORP
$604.16M$20.27$22.5011.00%Buy23.46%-4.88%12.44%0.98%
WAFD
WASHINGTON FEDERAL INC
$2.38B$36.39$43.3319.08%Buy3N/AN/A10.08%1.08%
TCFC
COMMUNITY FINANCIAL CORP
$231.53M$41.01$53.0029.24%Strong Buy1N/AN/A14.12%1.07%
FITB
FIFTH THIRD BANCORP
$25.84B$37.64$41.099.17%Buy1219.20%26.30%16.20%1.32%
BBD
BANK BRADESCO
$25.87B$2.67$4.1555.43%Buy349.09%10.89%17.56%1.57%
PLBC
PLUMAS BANCORP
$242.43M$41.44N/AN/AN/AN/AN/AN/AN/AN/A
UNTY
UNITY BANCORP INC
$289.57M$27.46$32.0016.53%Strong Buy1N/AN/A17.95%1.77%
WTBA
WEST BANCORPORATION INC
$368.59M$22.15$26.5019.64%Hold1N/AN/A19.34%1.09%
ASRV
AMERISERV FINANCIAL INC
$69.49M$4.06N/AN/AN/AN/AN/AN/AN/AN/A
RF
REGIONS FINANCIAL CORP
$22.43B$24.00$25.205.00%Buy1115.06%22.45%15.15%1.46%
HAFC
HANMI FINANCIAL CORP
$735.33M$24.12$27.0011.94%Buy2N/AN/A14.77%1.26%
SBCF
SEACOAST BANKING CORP OF FLORIDA
$2.05B$33.36$36.007.91%Strong Buy261.49%31.65%15.71%1.96%
INDB
INDEPENDENT BANK CORP
$3.78B$82.74$100.0020.86%Hold117.97%55.04%10.04%1.44%
BFIN
BANKFINANCIAL CORP
$134.78M$10.43$11.257.86%Buy2N/AN/A9.92%0.92%
WABC
WESTAMERICA BANCORPORATION
$1.52B$56.51$69.0022.10%Buy2N/AN/A21.97%1.65%
HBAN
HUNTINGTON BANCSHARES INC
$22.29B$15.45$16.144.44%Buy1310.20%16.92%12.97%1.24%
VABK
VIRGINIA NATIONAL BANKSHARES CORP
$208.51M$39.14N/AN/AN/AN/AN/AN/AN/AN/A
CASH
PATHWARD FINANCIAL INC
$1.50B$52.54$49.67-5.47%Buy3N/AN/A23.30%2.23%
ABCB
AMERIS BANCORP
$3.48B$50.18$56.8013.19%Strong Buy6N/AN/A11.94%1.56%
BCH
BANK OF CHILE
$11.03B$21.84$23.005.31%Hold223.06%-7.01%4,078.48%382.18%
RBB
RBB BANCORP
$395.82M$20.87$25.5022.18%Sell2N/AN/A13.83%1.67%
BOTJ
BANK OF THE JAMES FINANCIAL GROUP INC
$58.37M$12.61N/AN/AN/AN/AN/AN/AN/AN/A
FBP
FIRST BANCORP
$2.66B$14.39$14.00-2.71%Hold1N/AN/A25.53%1.75%
HDB
HDFC BANK LTD
$124.61B$67.48$76.0012.63%Strong Buy125.51%16.23%72.88%8.65%
RBCAA
REPUBLIC BANCORP INC
$920.60M$46.62$51.009.40%Strong Buy1N/AN/A8.85%1.24%
MOFG
MIDWESTONE FINANCIAL GROUP INC
$500.73M$32.05$37.0015.44%Hold1N/AN/A12.90%0.94%
CMA
COMERICA INC
$9.87B$75.39$85.7813.78%Buy2121.40%35.64%29.17%1.76%
ITCB
CORPBANCA
$3.20B$3.29$5.0051.98%Strong Buy142.92%106,900.00%28,776.83%2,485.44%
FXNC
FIRST NATIONAL CORP
$107.02M$17.09$21.5025.80%Strong Buy1N/AN/AN/AN/A
UMBF
UMB FINANCIAL CORP
$4.40B$91.16$95.504.76%Hold4N/AN/A16.92%1.14%
FVCB
FVCBANKCORP INC
$244.86M$14.00$22.0057.14%Buy3N/AN/A15.46%1.36%
MYFW
FIRST WESTERN FINANCIAL INC
$258.94M$27.28$31.0013.64%Buy2N/AN/A12.33%1.06%
HBNC
HORIZON BANCORP INC
$717.02M$16.32$18.0010.29%Buy3N/AN/A16.35%1.37%
CFFI
C & F FINANCIAL CORP
$207.37M$59.62N/AN/AN/AN/AN/AN/AN/AN/A
CFR
CULLEN/FROST BANKERS INC
$8.32B$129.22$151.9217.56%Buy1318.35%13.67%23.47%1.39%
ESQ
ESQUIRE FINANCIAL HOLDINGS INC
$374.46M$45.95$53.0015.34%Buy1N/AN/A20.90%2.30%
FHB
FIRST HAWAIIAN INC
$3.55B$27.84$28.502.37%Hold416.46%19.47%12.36%1.09%
RBKB
RHINEBECK BANCORP INC
$105.62M$9.36N/AN/AN/AN/AN/AN/AN/AN/A
BWB
BRIDGEWATER BANCSHARES INC
$433.18M$15.70$17.5011.46%Hold2N/AN/A12.78%1.18%
UBCP
UNITED BANCORP INC
$82.46M$14.36N/AN/AN/AN/AN/AN/AN/AN/A
AFBI
AFFINITY BANCSHARES INC
$99.18M$14.95N/AN/AN/AN/AN/AN/AN/AN/A
IBCP
INDEPENDENT BANK CORP
$485.34M$23.04$26.0012.85%Hold1N/AN/A16.42%1.11%
HMST
HOMESTREET INC
$557.00M$29.75$37.3325.49%Sell3N/AN/A14.80%0.90%
RRBI
RED RIVER BANCSHARES INC
$369.54M$51.44$68.0032.19%Strong Buy1N/AN/A14.73%1.17%
LCNB
LCNB CORP
$211.83M$18.80$19.001.06%Hold1N/AN/A10.49%1.08%

Bank Stocks FAQ

What are the best bank stocks to buy right now in Feb 2023?

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

1. Silvergate Capital (NYSE:SI)


Silvergate Capital (NYSE:SI) is the top bank stock with a Zen Score of 62, which is 27 points higher than the bank industry average of 35. It passed 21 out of 33 due diligence checks and has strong fundamentals. Silvergate Capital has seen its stock lose -81.55% over the past year, underperforming other bank stocks by -74 percentage points.

Silvergate Capital has an average 1 year price target of $22.55, an upside of 19.73% from Silvergate Capital's current stock price of $18.83.

Silvergate Capital stock has a consensus Hold recommendation according to Wall Street analysts. Of the 11 analysts covering Silvergate Capital, 18.18% have issued a Strong Buy rating, 0% have issued a Buy, 63.64% have issued a hold, while 9.09% have issued a Sell rating, and 9.09% have issued a Strong Sell.

2. Midland States Bancorp (NASDAQ:MSBI)


Midland States Bancorp (NASDAQ:MSBI) is the second best bank stock with a Zen Score of 57, which is 22 points higher than the bank industry average of 35. It passed 19 out of 38 due diligence checks and has strong fundamentals. Midland States Bancorp has seen its stock lose -9.15% over the past year, underperforming other bank stocks by -1 percentage points.

Midland States Bancorp has an average 1 year price target of $31.00, an upside of 17.34% from Midland States Bancorp's current stock price of $26.42.

Midland States Bancorp stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Midland States Bancorp, 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. Bancolombia Sa (NYSE:CIB)


Bancolombia Sa (NYSE:CIB) is the third best bank stock with a Zen Score of 56, which is 21 points higher than the bank industry average of 35. It passed 20 out of 38 due diligence checks and has strong fundamentals. Bancolombia Sa has seen its stock lose -17.59% over the past year, underperforming other bank stocks by -10 percentage points.

Bancolombia Sa has an average 1 year price target of $38.25, an upside of 30.64% from Bancolombia Sa's current stock price of $29.28.

Bancolombia Sa stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Bancolombia Sa, 25% have issued a Strong Buy rating, 25% 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 290 bank stocks that have issued dividends in the past year, the 3 bank stocks with the highest dividend yields are:

1. Cullman Bancorp (NASDAQ:CULL)


Cullman Bancorp (NASDAQ:CULL) has an annual dividend yield of N/A, which is N/A percentage points lower than the bank industry average of 3%.

Cullman Bancorp's dividend payout ratio of 22.2% indicates that its dividend yield is sustainable for the long-term.

2. Bancolombia Sa (NYSE:CIB)


Bancolombia Sa (NYSE:CIB) has an annual dividend yield of 10.41%, which is 7 percentage points higher than the bank industry average of 3%. 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 22.6% indicates that its high dividend yield is sustainable for the long-term.

3. Capitol Federal Financial (NASDAQ:CFFN)


Capitol Federal Financial (NASDAQ:CFFN) has an annual dividend yield of 9.34%, which is 6 percentage points higher than the bank industry average of 3%. Capitol Federal Financial's dividend payout is not stable, having dropped more than 10% eighteen times in the last 10 years. Capitol Federal Financial's dividend has shown consistent growth over the last 10 years.

Capitol Federal Financial's dividend payout ratio of 132.3% indicates that its high dividend yield might not be sustainable for the long-term.

Why are bank stocks up?

Bank stocks were up 0.38% in the last day, and up 4.33% 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. Business First Bancshares (NASDAQ:BFST)


Business First Bancshares (NASDAQ:BFST) is the most undervalued bank stock based on WallStreetZen's Valuation Score. Business First Bancshares has a valuation score of 100, which is 42 points higher than the bank industry average of 58. It passed 7 out of 7 valuation due diligence checks.

Business First Bancshares's stock has dropped -21.75% in the past year. It has underperformed other stocks in the bank industry by -14 percentage points.

2. Dime Community Bancshares (NASDAQ:DCOM)


Dime Community Bancshares (NASDAQ:DCOM) is the second most undervalued bank stock based on WallStreetZen's Valuation Score. Dime Community Bancshares has a valuation score of 100, which is 42 points higher than the bank industry average of 58. It passed 7 out of 7 valuation due diligence checks.

Dime Community Bancshares's stock has dropped -7.55% in the past year. It has performed in line with other stocks in the bank industry.

3. Bcb Bancorp (NASDAQ:BCBP)


Bcb Bancorp (NASDAQ:BCBP) is the third most undervalued bank stock based on WallStreetZen's Valuation Score. Bcb Bancorp has a valuation score of 100, which is 42 points higher than the bank industry average of 58. It passed 7 out of 7 valuation due diligence checks.

Bcb Bancorp's stock has gained 0.9% in the past year. It has overperformed other stocks in the bank industry by 9 percentage points.

Are bank stocks a good buy now?

36.62% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 11.65% 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 19.64x.
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.