Sectors & Industries Financial ServicesBanks - Regional
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

Overview Zen Score Price Valuation Financials Forecast

Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
PVBC	PROVIDENT BANCORP INC	$136.33M	$7.72	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
BSBK	BOGOTA FINANCIAL CORP	$88.88M	$6.71	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
BAFN	BAYFIRST FINANCIAL CORP	$52.35M	$12.66	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
TCBC	TC BANCSHARES INC	$58.72M	$13.59	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
KB	KB FINANCIAL GROUP INC	$17.88B	$45.88	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
TBNK	TERRITORIAL BANCORP INC	$62.05M	$7.03	$7.50	6.69%	Sell	2	-10.39%	N/A	N/A	N/A
JMSB	JOHN MARSHALL BANCORP INC	$238.22M	$16.81	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
TFC	TRUIST FINANCIAL CORP	$47.66B	$35.71	$41.23	15.46%	Buy	15	1.41%	N/A	N/A	N/A
PCB	PCB BANCORP	$217.01M	$15.22	N/A	N/A	N/A	N/A	2.25%	N/A	N/A	N/A
CLST	CATALYST BANCORP INC	$53.67M	$11.77	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
AMAL	AMALGAMATED FINANCIAL CORP	$657.48M	$21.55	$29.75	38.05%	Strong Buy	2	10.67%	2.08%	N/A	N/A
BSBR	BANCO SANTANDER (BRASIL) SA	$38.11B	$5.12	N/A	N/A	N/A	N/A	-48.23%	N/A	N/A	N/A
LSBK	LAKE SHORE BANCORP INC	$58.63M	$10.31	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
BWB	BRIDGEWATER BANCSHARES INC	$313.95M	$11.33	$15.75	39.01%	Strong Buy	2	0.50%	N/A	N/A	N/A
NYCB	NEW YORK COMMUNITY BANCORP INC	$2.35B	$2.95	$5.32	80.37%	Hold	14	-19.41%	N/A	N/A	N/A
HONE	HARBORONE BANCORP INC	$422.97M	$9.35	N/A	N/A	N/A	N/A	2.02%	N/A	N/A	N/A
SFST	SOUTHERN FIRST BANCSHARES INC	$222.34M	$27.26	$44.00	61.41%	Strong Buy	1	13.48%	N/A	N/A	N/A
ASRV	AMERISERV FINANCIAL INC	$46.13M	$2.69	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SHFS	SHF HOLDINGS INC	$40.35M	$0.73	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
BANC	BANC OF CALIFORNIA INC	$2.17B	$13.80	$16.40	18.84%	Hold	5	403.46%	N/A	N/A	N/A
SBT	STERLING BANCORP INC	$247.84M	$4.76	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
LNKB	LINKBANCORP INC	$234.55M	$6.28	N/A	N/A	N/A	N/A	269.24%	N/A	N/A	N/A
CLBK	COLUMBIA FINANCIAL INC	$1.70B	$16.19	$19.00	17.36%	Hold	1	-6.11%	N/A	N/A	N/A
BHRB	BURKE & HERBERT FINANCIAL SERVICES CORP	$386.36M	$51.93	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
CULL	CULLMAN BANCORP INC	$75.56M	$10.40	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
WMPN	WILLIAM PENN BANCORPORATION	$116.81M	$12.23	$14.00	14.47%	Strong Buy	1	N/A	N/A	N/A	N/A
TFIN	TRIUMPH FINANCIAL INC	$1.59B	$68.10	$70.50	3.52%	Sell	4	11.07%	N/A	N/A	N/A
GBNY	GENERATIONS BANCORP NY INC	$22.99M	$10.26	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
CPBI	CENTRAL PLAINS BANCSHARES INC	$41.47M	$10.04	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
CFSB	CFSB BANCORP INC	$48.29M	$7.28	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
MFG	MIZUHO FINANCIAL GROUP INC	$48.75B	$3.84	N/A	N/A	N/A	N/A	N/A	N/A	1.49%	N/A
HMST	HOMESTREET INC	$230.44M	$12.22	$12.17	-0.43%	Hold	3	-4.57%	N/A	N/A	N/A
BCOW	1895 BANCORP OF WISCONSIN INC	$42.31M	$7.00	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SUPV	GRUPO SUPERVIELLE SA	$471.08M	$5.30	N/A	N/A	N/A	N/A	34.20%	N/A	N/A	N/A
NSTS	NSTS BANCORP INC	$50.89M	$9.58	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
BRBS	BLUE RIDGE BANKSHARES INC	$48.57M	$2.53	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FSEA	FIRST SEACOAST BANCORP INC	$44.43M	$8.75	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
CARV	CARVER BANCORP INC	$7.93M	$1.59	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SRBK	SR BANCORP INC	$87.57M	$9.21	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
BLFY	BLUE FOUNDRY BANCORP	$195.19M	$8.02	$11.00	37.16%	Hold	1	-10.36%	N/A	N/A	N/A
FFWM	FIRST FOUNDATION INC	$363.09M	$6.43	$11.50	78.85%	Buy	2	3.53%	N/A	N/A	N/A
KFFB	KENTUCKY FIRST FEDERAL BANCORP	$31.09M	$3.85	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
TCBS	TEXAS COMMUNITY BANCSHARES INC	$45.43M	$14.25	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
PNBK	PATRIOT NATIONAL BANCORP INC	$14.31M	$3.60	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/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.