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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
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
ABCB
AMERIS BANCORP
$2.91B$42.09$46.009.29%Strong Buy39.30%26.51%N/AN/A
DCOM
DIME COMMUNITY BANCSHARES INC
$776.42M$20.00$23.0015.00%Buy1-4.13%26.95%N/AN/A
HTBK
HERITAGE COMMERCE CORP
$516.90M$8.46$9.7515.25%Buy2-0.95%11.23%N/AN/A
FBMS
FIRST BANCSHARES INC
$798.40M$25.68$31.5022.66%Strong Buy211.07%24.45%N/AN/A
BCBP
BCB BANCORP INC
$192.57M$11.43N/AN/AN/AN/A3.82%24.76%N/AN/A
FIBK
FIRST INTERSTATE BANCSYSTEM INC
$2.67B$25.46$32.0025.69%Strong Buy2-0.14%37.47%N/AN/A
VLY
VALLEY NATIONAL BANCORP
$4.39B$8.65$9.509.83%Hold51.52%21.65%N/AN/A
WBS
WEBSTER FINANCIAL CORP
$7.44B$43.27$49.8315.17%Buy64.17%18.59%N/AN/A
FMNB
FARMERS NATIONAL BANC CORP
$463.00M$12.35$14.0013.36%Hold13.41%47.62%N/AN/A
EGBN
EAGLE BANCORP INC
$702.37M$23.47$23.00-2.00%Hold1-0.11%24.78%14.03%1.53%
EBMT
EAGLE BANCORP MONTANA INC
$95.46M$11.95N/AN/AN/AN/A5.14%65.68%N/AN/A
OCFC
OCEANFIRST FINANCIAL CORP
$809.94M$13.63$17.3327.17%Hold3-1.53%29.46%N/AN/A
CCNE
CNB FINANCIAL CORP
$431.54M$20.65N/AN/AN/AN/A3.65%35.19%N/AN/A
CNOB
CONNECTONE BANCORP INC
$738.54M$19.13$26.0035.91%Strong Buy1-0.20%27.70%N/AN/A
USB
US BANCORP
$57.67B$37.04$42.5414.84%Buy136.88%29.75%18.50%1.47%
MVBF
MVB FINANCIAL CORP
$252.95M$19.86$30.0051.06%Buy15.87%44.23%N/AN/A
HBNC
HORIZON BANCORP INC
$479.52M$10.87$10.00-8.00%Hold1-1.29%35.04%N/AN/A
WSFS
WSFS FINANCIAL CORP
$2.31B$38.06$43.0012.98%Buy24.23%12.99%N/AN/A
BRKL
BROOKLINE BANCORP INC
$830.01M$9.34$11.3821.79%Buy27.77%50.51%N/AN/A
SFNC
SIMMONS FIRST NATIONAL CORP
$2.00B$16.01$18.0012.43%Hold1-0.85%26.58%N/AN/A
PPBI
PACIFIC PREMIER BANCORP INC
$2.14B$22.27$25.6715.25%Strong Buy3-0.48%24.17%N/AN/A
CATC
CAMBRIDGE BANCORP
$457.84M$58.35$65.0011.40%Hold1-5.58%94.73%N/AN/A
BFST
BUSINESS FIRST BANCSHARES INC
$502.07M$19.81$22.3312.74%Strong Buy32.84%8.44%N/AN/A
SMBC
SOUTHERN MISSOURI BANCORP INC
$492.80M$43.47$50.0015.02%Hold17.51%38.44%N/AN/A
BMRC
BANK OF MARIN BANCORP
$307.94M$19.08$22.0015.30%Hold3-1.35%40.89%N/AN/A
IBOC
INTERNATIONAL BANCSHARES CORP
$2.76B$44.50N/AN/AN/AN/AN/AN/AN/AN/A
FFIC
FLUSHING FINANCIAL CORP
$399.75M$13.83$15.5012.08%Buy23.21%58.25%12.10%0.94%
COLB
COLUMBIA BANKING SYSTEM INC
$4.55B$21.81$23.296.77%Buy718.02%52.54%N/AN/A
ESSA
ESSA BANCORP INC
$174.95M$16.82N/AN/AN/AN/A4.76%N/AN/AN/A
BFIN
BANKFINANCIAL CORP
$110.67M$8.82N/AN/AN/AN/A1.37%38.10%N/AN/A
UCBI
UNITED COMMUNITY BANKS INC
$2.89B$24.33$29.7522.28%Buy45.82%40.44%N/AN/A
BBD
BANK BRADESCO
$35.86B$3.37$3.35-0.59%Buy223.32%25.27%N/AN/A
HOPE
HOPE BANCORP INC
$1.16B$9.66$10.336.97%Hold30.61%35.17%N/AN/A
NBHC
NATIONAL BANK HOLDINGS CORP
$1.22B$32.40$34.004.94%Hold13.18%19.14%N/AN/A
FUNC
FIRST UNITED CORP
$121.35M$18.15N/AN/AN/AN/A0.44%14.13%N/AN/A
FNWB
FIRST NORTHWEST BANCORP
$141.29M$14.69$13.00-11.50%Hold1-0.66%38.64%N/AN/A
SBCF
SEACOAST BANKING CORP OF FLORIDA
$1.96B$23.04$23.672.72%Buy33.41%81.89%N/AN/A
AUB
ATLANTIC UNION BANKSHARES CORP
$2.30B$30.70N/AN/AN/AN/A7.34%23.97%N/AN/A
SMBK
SMARTFINANCIAL INC
$363.00M$21.36$26.0021.72%Strong Buy42.44%37.02%N/AN/A
FUSB
FIRST US BANCSHARES INC
$53.65M$9.13N/AN/AN/AN/AN/AN/AN/AN/A
STEL
STELLAR BANCORP INC
$1.25B$23.53$24.002.00%Buy1-4.02%45.80%N/AN/A
FRME
FIRST MERCHANTS CORP
$1.82B$30.36$34.3313.09%Strong Buy3-1.06%7.50%N/AN/A
FGBI
FIRST GUARANTY BANCSHARES INC
$108.02M$9.45$11.2519.05%Sell23.92%111.06%N/AN/A
FCNCA
FIRST CITIZENS BANCSHARES INC
$20.68B$1,424.34$1.75k22.51%Strong Buy5-25.62%N/AN/AN/A
PFC
PREMIER FINANCIAL CORP
$704.65M$19.72$25.0026.77%Hold1-7.14%-0.62%N/AN/A
CMA
COMERICA INC
$5.75B$43.58$50.8716.72%Buy15-2.23%15.76%N/AN/A
CFG
CITIZENS FINANCIAL GROUP INC
$12.39B$26.58$31.0016.63%Buy111.82%12.07%N/AN/A
CFBK
CF BANKSHARES INC
$105.34M$16.07N/AN/AN/AN/AN/AN/A12.78%0.97%
SHBI
SHORE BANCSHARES INC
$390.46M$11.78$16.0035.82%Strong Buy129.63%156.00%N/AN/A
BPOP
POPULAR INC
$5.21B$72.14$72.750.85%Buy46.44%12.60%N/AN/A
FBNC
FIRST BANCORP
$1.29B$31.41$34.339.31%Strong Buy30.81%34.68%13.56%1.42%
ACNB
ACNB CORP
$327.55M$38.50$36.50-5.19%Buy20.62%N/AN/AN/A
HTLF
HEARTLAND FINANCIAL USA INC
$1.29B$30.24$35.6717.95%Strong Buy31.39%14.52%N/AN/A
BSRR
SIERRA BANCORP
$266.55M$18.13$19.256.18%Hold22.36%16.84%N/AN/A
IBTX
INDEPENDENT BANK GROUP INC
$1.54B$37.36$46.7525.13%Strong Buy40.43%140.54%N/AN/A
VBTX
VERITEX HOLDINGS INC
$1.03B$19.02$19.753.84%Hold24.13%30.83%N/AN/A
MPB
MID PENN BANCORP INC
$347.37M$20.84N/AN/AN/AN/A4.10%37.06%N/AN/A
FLIC
FIRST OF LONG ISLAND CORP
$255.93M$11.33N/AN/AN/AN/A-2.32%46.60%N/AN/A
FCAP
FIRST CAPITAL INC
$86.28M$25.75N/AN/AN/AN/AN/AN/AN/AN/A
NFBK
NORTHFIELD BANCORP INC
$427.08M$9.50N/AN/AN/AN/A-3.00%30.15%N/AN/A
CASH
PATHWARD FINANCIAL INC
$1.29B$49.67$59.0018.78%Hold19.88%N/AN/AN/A
HFBL
HOME FEDERAL BANCORP INC OF LOUISIANA
$40.73M$13.00N/AN/AN/AN/AN/AN/AN/AN/A
CCBG
CAPITAL CITY BANK GROUP INC
$455.21M$26.79$35.2531.58%Buy26.36%-3.23%N/AN/A
TFC
TRUIST FINANCIAL CORP
$42.09B$31.56$35.9213.81%Buy185.98%23.90%14.48%1.65%
SASR
SANDY SPRING BANCORP INC
$975.57M$21.73$22.001.24%Hold2-0.42%41.06%12.41%1.35%
AROW
ARROW FINANCIAL CORP
$422.46M$24.77N/AN/AN/AN/A4.35%45.98%N/AN/A
PFS
PROVIDENT FINANCIAL SERVICES INC
$1.13B$15.01$19.0026.58%Strong Buy212.92%22.78%N/AN/A
FMAO
FARMERS & MERCHANTS BANCORP INC
$259.66M$19.00$23.7525.00%Sell2-1.47%51.69%N/AN/A
HDB
HDFC BANK LTD
$110.28B$59.35N/AN/AN/AN/A25.61%13.18%N/AN/A
FISI
FINANCIAL INSTITUTIONS INC
$271.09M$17.60N/AN/AN/AN/A3.80%5.85%N/AN/A
CSTR
CAPSTAR FINANCIAL HOLDINGS INC
$333.67M$16.11N/AN/AN/AN/A2.07%31.85%N/AN/A
MCBC
MACATAWA BANK CORP
$327.83M$9.56$11.0015.06%Strong Buy1-0.50%N/AN/AN/A
CBAN
COLONY BANKCORP INC
$184.46M$10.50N/AN/AN/AN/AN/AN/A11.78%0.91%
FBK
FB FINANCIAL CORP
$1.52B$32.40$33.252.62%Hold2-0.04%28.86%N/AN/A
WAL
WESTERN ALLIANCE BANCORPORATION
$5.31B$48.51$56.9117.31%Strong Buy115.90%39.44%N/AN/A
NYCB
NEW YORK COMMUNITY BANCORP INC
$6.68B$9.24$13.5746.87%Buy7-10.05%N/AN/AN/A
INDB
INDEPENDENT BANK CORP
$2.43B$55.51$45.00-18.93%Sell1-0.02%2.70%N/AN/A
UBFO
UNITED SECURITY BANCSHARES
$136.92M$7.99N/AN/AN/AN/AN/AN/AN/AN/A
OBK
ORIGIN BANCORP INC
$993.96M$32.16$33.504.17%Strong Buy20.69%28.39%N/AN/A
KEY
KEYCORP
$11.17B$11.93$13.5513.58%Buy104.96%22.85%N/AN/A
FFBC
FIRST FINANCIAL BANCORP
$1.93B$20.30$23.0013.30%Buy31.32%-18.92%N/AN/A
WABC
WESTAMERICA BANCORPORATION
$1.32B$49.58$48.00-3.19%Hold1-2.36%-32.40%N/AN/A
BANF
BANCFIRST CORP
$2.78B$84.49$85.000.60%Sell2-1.08%-11.38%N/AN/A
PCB
PCB BANCORP
$223.16M$15.65$17.008.63%Hold10.12%22.92%N/AN/A
CAC
CAMDEN NATIONAL CORP
$487.99M$33.52$31.00-7.52%Hold10.41%25.98%N/AN/A
HBAN
HUNTINGTON BANCSHARES INC
$15.80B$10.91$12.4514.12%Buy102.21%0.33%N/AN/A
MTB
M&T BANK CORP
$20.79B$125.25$145.4416.12%Buy6-0.14%7.00%N/AN/A
BANC
BANC OF CALIFORNIA INC
$687.03M$11.96$13.5012.88%Hold170.75%13.89%N/AN/A
FNCB
FNCB BANCORP INC
$117.91M$5.96N/AN/AN/AN/AN/AN/AN/AN/A
NBTB
NBT BANCORP INC
$1.69B$35.85$41.0014.37%Strong Buy28.35%21.47%N/AN/A
FFNW
FIRST FINANCIAL NORTHWEST INC
$106.57M$11.61N/AN/AN/AN/A-2.56%32.18%N/AN/A
ISTR
INVESTAR HOLDING CORP
$102.67M$10.52$14.1334.27%Buy2-1.21%17.33%N/AN/A
RF
REGIONS FINANCIAL CORP
$14.88B$16.00$18.6716.71%Buy151.14%3.09%N/AN/A
ALRS
ALERUS FINANCIAL CORP
$358.34M$18.12$19.004.86%Hold1-1.03%34.00%N/AN/A
CFFI
C & F FINANCIAL CORP
$192.00M$57.00N/AN/AN/AN/AN/AN/AN/AN/A
ESQ
ESQUIRE FINANCIAL HOLDINGS INC
$376.00M$45.83$58.0026.55%Buy16.80%-32.19%N/AN/A
HBCP
HOME BANCORP INC
$297.89M$36.56$40.009.41%Strong Buy20.63%-3.34%N/AN/A
EFSC
ENTERPRISE FINANCIAL SERVICES CORP
$1.43B$38.28$46.0020.17%Strong Buy24.16%-6.76%N/AN/A
OVLY
OAK VALLEY BANCORP
$210.23M$25.35N/AN/AN/AN/AN/AN/AN/AN/A
PLBC
PLUMAS BANCORP
$197.59M$33.66$38.0012.89%Buy13.82%N/AN/AN/A

Bank Stocks FAQ

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

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

1. Ameris Bancorp (NASDAQ:ABCB)


Ameris Bancorp (NASDAQ:ABCB) is the top bank stock with a Zen Score of 64, which is 27 points higher than the bank industry average of 37. It passed 23 out of 38 due diligence checks and has strong fundamentals. Ameris Bancorp has seen its stock lose -19.17% over the past year, underperforming other bank stocks by -6 percentage points.

Ameris Bancorp has an average 1 year price target of $46.00, an upside of 9.29% from Ameris Bancorp's current stock price of $42.09.

Ameris Bancorp stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Ameris Bancorp, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Dime Community Bancshares (NASDAQ:DCOM)


Dime Community Bancshares (NASDAQ:DCOM) is the second best bank stock with a Zen Score of 62, which is 25 points higher than the bank industry average of 37. It passed 22 out of 38 due diligence checks and has strong fundamentals. Dime Community Bancshares has seen its stock lose -42.2% over the past year, underperforming other bank stocks by -29 percentage points.

Dime Community Bancshares has an average 1 year price target of $23.00, an upside of 15% from Dime Community Bancshares's current stock price of $20.00.

Dime Community Bancshares stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Dime Community Bancshares, 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. Heritage Commerce (NASDAQ:HTBK)


Heritage Commerce (NASDAQ:HTBK) is the third best bank stock with a Zen Score of 61, which is 24 points higher than the bank industry average of 37. It passed 21 out of 38 due diligence checks and has strong fundamentals. Heritage Commerce has seen its stock lose -39.87% over the past year, underperforming other bank stocks by -26 percentage points.

Heritage Commerce has an average 1 year price target of $9.75, an upside of 15.25% from Heritage Commerce's current stock price of $8.46.

Heritage Commerce stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Heritage Commerce, 0% have issued a Strong Buy rating, 50% 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 295 bank stocks that have issued dividends in the past year, the 3 bank stocks with the highest dividend yields are:

1. Lake Shore Bancorp (NASDAQ:LSBK)


Lake Shore Bancorp (NASDAQ:LSBK) has an annual dividend yield of N/A, which is N/A percentage points lower than the bank industry average of 3.91%. Lake Shore Bancorp's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Lake Shore Bancorp's dividend has shown consistent growth over the last 10 years.

Lake Shore Bancorp's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

2. Luther Burbank (NASDAQ:LBC)


Luther Burbank (NASDAQ:LBC) has an annual dividend yield of N/A, which is N/A percentage points lower than the bank industry average of 3.91%. Luther Burbank's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Luther Burbank's dividend has shown consistent growth over the last 10 years.

Luther Burbank's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

3. Territorial Bancorp (NASDAQ:TBNK)


Territorial Bancorp (NASDAQ:TBNK) has an annual dividend yield of 11.43%, which is 8 percentage points higher than the bank industry average of 3.91%. Territorial Bancorp's dividend payout is not stable, having dropped more than 10% twelve times in the last 10 years. Territorial Bancorp's dividend has not shown consistent growth over the last 10 years.

Territorial Bancorp's dividend payout ratio of 110.9% indicates that its high dividend yield might not be sustainable for the long-term.

Why are bank stocks down?

Bank stocks were down -0.49% in the last day, and down -0.36% 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. Ameris Bancorp (NASDAQ:ABCB)


Ameris Bancorp (NASDAQ:ABCB) is the most undervalued bank stock based on WallStreetZen's Valuation Score. Ameris Bancorp has a valuation score of 100, which is 46 points higher than the bank industry average of 54. It passed 7 out of 7 valuation due diligence checks.

Ameris Bancorp's stock has dropped -19.17% in the past year. It has underperformed other stocks in the bank industry by -6 percentage points.

2. Connectone Bancorp (NASDAQ:CNOB)


Connectone Bancorp (NASDAQ:CNOB) is the second most undervalued bank stock based on WallStreetZen's Valuation Score. Connectone Bancorp has a valuation score of 100, which is 46 points higher than the bank industry average of 54. It passed 7 out of 7 valuation due diligence checks.

Connectone Bancorp's stock has dropped -25.19% in the past year. It has underperformed other stocks in the bank industry by -12 percentage points.

3. Bogota Financial (NASDAQ:BSBK)


Bogota Financial (NASDAQ:BSBK) is the third most undervalued bank stock based on WallStreetZen's Valuation Score. Bogota Financial has a valuation score of 100, which is 46 points higher than the bank industry average of 54. It passed 7 out of 7 valuation due diligence checks.

Bogota Financial's stock has dropped -37.88% in the past year. It has underperformed other stocks in the bank industry by -24 percentage points.

Are bank stocks a good buy now?

36.45% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 13.72% 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 -7.87x.
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.