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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
TCBX
THIRD COAST BANCSHARES INC
$252.41M$18.55$22.6722.19%Strong Buy314.14%12.32%N/AN/A
WBS
WEBSTER FINANCIAL CORP
$7.78B$45.27$61.3035.41%Strong Buy1011.29%33.40%N/AN/A
ORRF
ORRSTOWN FINANCIAL SERVICES INC
$267.95M$25.03$32.0027.85%Buy143.35%N/AN/AN/A
CBFV
CB FINANCIAL SERVICES INC
$109.81M$21.35$24.5014.75%Hold2-28.19%N/AN/AN/A
BBD
BANK BRADESCO
$27.99B$2.63$2.806.46%Hold125.10%46.23%N/AN/A
SMBC
SOUTHERN MISSOURI BANCORP INC
$455.03M$40.07N/AN/AN/AN/A5.28%52.56%N/AN/A
MVBF
MVB FINANCIAL CORP
$252.51M$19.67$26.5034.72%Strong Buy26.15%100.41%N/AN/A
MTB
M&T BANK CORP
$23.21B$139.30$161.7716.13%Buy131.66%18.35%N/AN/A
SBCF
SEACOAST BANKING CORP OF FLORIDA
$1.91B$22.47$27.5022.39%Hold3-1.61%165.32%N/AN/A
FUSB
FIRST US BANCSHARES INC
$55.56M$9.60N/AN/AN/AN/AN/AN/AN/AN/A
WABC
WESTAMERICA BANCORPORATION
$1.21B$45.55$53.6717.82%Hold3-6.85%N/AN/AN/A
ITUB
ITAU UNIBANCO HOLDING SA
$59.12B$6.03$8.0032.67%Strong Buy122.56%19.76%N/AN/A
FCNCA
FIRST CITIZENS BANCSHARES INC
$22.54B$1,551.91$1.79k15.25%Strong Buy4-47.53%N/AN/AN/A
HDB
HDFC BANK LTD
$106.62B$57.38N/AN/AN/AN/A33.45%23.94%N/AN/A
OVLY
OAK VALLEY BANCORP
$193.06M$23.28N/AN/AN/AN/AN/AN/AN/AN/A
CCBG
CAPITAL CITY BANK GROUP INC
$440.69M$26.01$32.5024.95%Hold14.85%N/AN/AN/A
CFG
CITIZENS FINANCIAL GROUP INC
$15.09B$32.90$36.189.98%Buy115.07%34.38%N/AN/A
HBAN
HUNTINGTON BANCSHARES INC
$19.09B$13.18$15.3016.08%Buy156.80%20.19%N/AN/A
CASH
PATHWARD FINANCIAL INC
$1.25B$49.00$63.0028.57%Buy213.57%N/AN/AN/A
PFC
PREMIER FINANCIAL CORP
$686.01M$19.20$23.0019.79%Hold2-12.82%N/AN/AN/A
ABCB
AMERIS BANCORP
$3.09B$44.79$53.5019.45%Buy215.76%N/AN/AN/A
SPFI
SOUTH PLAINS FINANCIAL INC
$417.89M$25.43$31.0021.90%Buy1-12.07%N/AN/AN/A
VLY
VALLEY NATIONAL BANCORP
$3.72B$7.31$9.4429.11%Hold84.94%50.53%N/AN/A
MCB
METROPOLITAN BANK HOLDING CORP
$367.09M$33.10$55.0066.16%Strong Buy412.96%60.86%N/AN/A
TBBK
BANCORP INC
$1.75B$33.19$49.0047.63%Strong Buy315.62%N/AN/AN/A
BY
BYLINE BANCORP INC
$891.13M$20.08$26.5031.97%Buy211.73%N/AN/AN/A
MSBI
MIDLAND STATES BANCORP INC
$490.51M$22.81$29.0027.14%Hold18.55%N/AN/AN/A
OPBK
OP BANCORP
$136.70M$9.14N/AN/AN/AN/AN/AN/AN/AN/A
ESQ
ESQUIRE FINANCIAL HOLDINGS INC
$372.76M$45.01$62.5038.86%Strong Buy213.27%N/AN/AN/A
CFR
CULLEN/FROST BANKERS INC
$7.00B$109.09$117.838.01%Hold126.56%22.94%N/AN/A
INTR
INTER & CO INC
$2.05B$5.10$6.2522.55%Buy219.56%33.47%N/AN/A
CBAN
COLONY BANKCORP INC
$183.49M$10.45N/AN/AN/AN/AN/AN/AN/AN/A
USB
US BANCORP
$61.45B$39.44$47.8621.35%Buy155.24%38.91%N/AN/A
OSBC
OLD SECOND BANCORP INC
$615.57M$13.74$18.0031.00%Strong Buy24.30%N/AN/AN/A
IFS
INTERCORP FINANCIAL SERVICES INC
$2.50B$21.68$32.0047.60%Strong Buy156.59%61.41%N/AN/A
FITB
FIFTH THIRD BANCORP
$23.31B$34.22$39.0013.97%Buy114.30%20.24%N/AN/A
HTBK
HERITAGE COMMERCE CORP
$483.24M$7.90$11.0039.24%Strong Buy3-5.54%N/AN/AN/A
ASB
ASSOCIATED BANC-CORP
$3.03B$20.04$22.6713.11%Hold616.93%78.20%N/AN/A
BKU
BANKUNITED INC
$1.92B$25.87$30.3317.25%Sell98.52%39.49%N/AN/A
SMMF
SUMMIT FINANCIAL GROUP INC
$368.27M$25.08N/AN/AN/AN/AN/AN/AN/AN/A
NBHC
NATIONAL BANK HOLDINGS CORP
$1.24B$32.82$37.5014.26%Buy21.69%N/AN/AN/A
VBTX
VERITEX HOLDINGS INC
$1.05B$19.32$25.3331.12%Buy314.88%N/AN/AN/A
RF
REGIONS FINANCIAL CORP
$17.46B$19.00$20.075.63%Buy162.79%15.40%N/AN/A
SNV
SYNOVUS FINANCIAL CORP
$4.96B$33.90$42.5025.37%Buy149.92%66.67%N/AN/A
ONB
OLD NATIONAL BANCORP
$4.62B$15.78$18.7118.59%Strong Buy76.38%N/AN/AN/A
QCRH
QCR HOLDINGS INC
$930.49M$55.41$72.0029.94%Strong Buy32.95%N/AN/AN/A
CIVB
CIVISTA BANCSHARES INC
$224.48M$14.31$18.5029.28%Hold2-1.15%N/AN/AN/A
FSBW
FS BANCORP INC
$241.28M$30.91N/AN/AN/AN/A1.75%N/AN/AN/A
FBK
FB FINANCIAL CORP
$1.67B$35.56$40.6014.17%Hold5-0.14%40.08%N/AN/A
UBFO
UNITED SECURITY BANCSHARES
$124.58M$7.22N/AN/AN/AN/AN/AN/AN/AN/A
INDB
INDEPENDENT BANK CORP
$2.10B$49.45$64.0029.42%Hold1-2.04%N/AN/AN/A
WSFS
WSFS FINANCIAL CORP
$2.52B$41.85$38.00-9.20%Hold18.66%N/AN/AN/A
FBIZ
FIRST BUSINESS FINANCIAL SERVICES INC
$276.86M$33.33$45.0035.01%Strong Buy213.08%N/AN/AN/A
BCAL
SOUTHERN CALIFORNIA BANCORP
$260.62M$14.14N/AN/AN/AN/AN/AN/AN/AN/A
PEBO
PEOPLES BANCORP INC
$977.48M$27.54$34.0023.46%Strong Buy18.67%N/AN/AN/A
STBA
S&T BANCORP INC
$1.12B$29.35N/AN/AN/AN/A-1.20%N/AN/AN/A
IBOC
INTERNATIONAL BANCSHARES CORP
$3.27B$52.54N/AN/AN/AN/AN/AN/AN/AN/A
PLBC
PLUMAS BANCORP
$208.37M$35.35$40.0013.15%Buy14.19%N/AN/AN/A
KEY
KEYCORP
$13.43B$14.38$16.1712.43%Buy128.85%58.29%N/AN/A
EFSC
ENTERPRISE FINANCIAL SERVICES CORP
$1.43B$38.18$49.0028.34%Strong Buy26.48%N/AN/AN/A
AVAL
GRUPO AVAL ACCIONES Y VALORES SA
$2.79B$2.35N/AN/AN/AN/A31.65%333.96%N/AN/A
EVBN
EVANS BANCORP INC
$142.67M$25.90$29.2512.93%Hold2N/AN/AN/AN/A
STEL
STELLAR BANCORP INC
$1.20B$22.47$29.0029.06%Buy1-4.66%N/AN/AN/A
CZWI
CITIZENS COMMUNITY BANCORP INC
$111.68M$10.68N/AN/AN/AN/A0.89%N/AN/AN/A
HOMB
HOME BANCSHARES INC
$4.67B$23.22$25.007.67%Buy4-1.33%N/AN/AN/A
EBC
EASTERN BANKSHARES INC
$2.19B$12.43N/AN/AN/AN/A168.62%18.18%N/AN/A
CFFI
C & F FINANCIAL CORP
$120.40M$35.69N/AN/AN/AN/AN/AN/AN/AN/A
FCAP
FIRST CAPITAL INC
$93.84M$27.98N/AN/AN/AN/AN/AN/AN/AN/A
FFBC
FIRST FINANCIAL BANCORP
$2.00B$21.06$25.0018.71%Buy21.95%N/AN/AN/A
CMA
COMERICA INC
$6.71B$50.66$56.7411.99%Buy17-4.54%74.50%N/AN/A
CCB
COASTAL FINANCIAL CORP
$506.26M$37.83$53.0040.10%Strong Buy1123.70%N/AN/AN/A
BFST
BUSINESS FIRST BANCSHARES INC
$521.58M$20.57$25.0021.54%Strong Buy24.25%N/AN/AN/A
LARK
LANDMARK BANCORP INC
$103.91M$19.00N/AN/AN/AN/AN/AN/AN/AN/A
BOTJ
BANK OF THE JAMES FINANCIAL GROUP INC
$44.75M$9.85N/AN/AN/AN/AN/AN/AN/AN/A
LOB
LIVE OAK BANCSHARES INC
$1.64B$36.71$46.3326.21%Strong Buy325.90%79.04%N/AN/A
OFG
OFG BANCORP
$1.57B$33.44$40.0019.62%Strong Buy111.71%N/AN/AN/A
MCBC
MACATAWA BANK CORP
$475.91M$13.85N/AN/AN/AN/A2.62%N/AN/AN/A
PBFS
PIONEER BANCORP INC
$234.45M$9.03N/AN/AN/AN/AN/AN/AN/AN/A
NEWT
NEWTEKONE INC
$268.83M$10.88$14.0028.68%Buy320.91%N/AN/AN/A
AX
AXOS FINANCIAL INC
$2.80B$49.21$62.0025.99%Buy26.62%-29.30%N/AN/A
ESSA
ESSA BANCORP INC
$168.84M$16.67N/AN/AN/AN/A-0.33%N/AN/AN/A
UNTY
UNITY BANCORP INC
$267.67M$26.40N/AN/AN/AN/A5.07%N/AN/AN/A
HBCP
HOME BANCORP INC
$273.82M$33.60$41.5023.51%Buy2-0.07%N/AN/AN/A
FBP
FIRST BANCORP
$2.75B$16.44$18.5012.53%Buy27.21%N/AN/AN/A
WTFC
WINTRUST FINANCIAL CORP
$5.86B$95.30$116.3022.04%Strong Buy109.01%N/AN/AN/A
CIB
BANCOLOMBIA SA
$7.76B$32.27$35.008.46%Strong Sell117.85%-11.77%N/AN/A
FINW
FINWISE BANCORP
$126.27M$9.85$17.0072.59%Strong Buy128.76%N/AN/AN/A
DCOM
DIME COMMUNITY BANCSHARES INC
$692.29M$17.83$27.6354.94%Strong Buy4-3.34%N/AN/AN/A
PNFP
PINNACLE FINANCIAL PARTNERS INC
$6.04B$78.46$93.4319.08%Buy710.11%30.83%N/AN/A
RBCAA
REPUBLIC BANCORP INC
$917.75M$47.30N/AN/AN/AN/AN/AN/AN/AN/A
PPBI
PACIFIC PREMIER BANCORP INC
$2.04B$21.31$28.6034.21%Buy555.64%N/AN/AN/A
SYBT
STOCK YARDS BANCORP INC
$1.26B$42.98$48.0011.68%Hold24.05%N/AN/AN/A
CBNK
CAPITAL BANCORP INC
$266.95M$19.20$25.0030.21%Buy216.30%N/AN/AN/A
HBNC
HORIZON BANCORP INC
$503.75M$11.42$13.0013.84%Buy221.36%N/AN/AN/A
TRST
TRUSTCO BANK CORP N Y
$493.87M$25.96N/AN/AN/AN/A-6.04%N/AN/AN/A
UCBI
UNITED COMMUNITY BANKS INC
$2.94B$24.70$31.0025.51%Buy418.66%N/AN/AN/A
BCBP
BCB BANCORP INC
$161.43M$9.52$13.5041.81%Hold1N/AN/AN/AN/A
FISI
FINANCIAL INSTITUTIONS INC
$253.01M$16.42$19.5018.76%Hold23.12%N/AN/AN/A
BWFG
BANKWELL FINANCIAL GROUP INC
$187.56M$23.63$34.0043.88%Buy1N/AN/AN/AN/A
MBIN
MERCHANTS BANCORP
$1.67B$38.44$55.0043.08%Strong Buy114.68%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. Third Coast Bancshares (NASDAQ:TCBX)


Third Coast Bancshares (NASDAQ:TCBX) 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 19 out of 33 due diligence checks and has strong fundamentals. Third Coast Bancshares has seen its stock return 29.09% over the past year, overperforming other bank stocks by 19 percentage points.

Third Coast Bancshares has an average 1 year price target of $22.67, an upside of 22.19% from Third Coast Bancshares's current stock price of $18.55.

Third Coast Bancshares stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Third Coast Bancshares, 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. 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 18.79% over the past year, overperforming other bank stocks by 9 percentage points.

Webster Financial has an average 1 year price target of $61.30, an upside of 35.41% from Webster Financial's current stock price of $45.27.

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 36.63% over the past year, overperforming other bank stocks by 27 percentage points.

Orrstown Financial Services has an average 1 year price target of $32.00, an upside of 27.85% from Orrstown Financial Services's current stock price of $25.03.

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 3.99%.

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 18.98%, which is 15 percentage points higher than the bank industry average of 3.99%. 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 10.97%, which is 7 percentage points higher than the bank industry average of 3.99%. 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 0.41% in the last day, and down -2.07% over the last week. Metropolitan Bank Holding was the among the top gainers in the banks - regional industry, gaining 1.35% yesterday.

Metropolitan Bank Holding shares are trading higher after the company reported better-than-expected Q1 financial 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 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 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 26.32% in the past year. It has overperformed other stocks in the bank industry by 17 percentage points.

2. Hanover Bancorp (NASDAQ:HNVR)


Hanover Bancorp (NASDAQ:HNVR) is the second 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 -17.53% in the past year. It has underperformed other stocks in the bank industry by -27 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 1.67% in the past year. It has underperformed other stocks in the bank industry by -8 percentage points.

Are bank stocks a good buy now?

36.63% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 18.89% 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 -10.84x.
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.