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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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
SBCF
SEACOAST BANKING CORP OF FLORIDA
$2.00B$529.87M$142.31M$104.03M$1.2430.49%16.23%-25.75%-2.40%2024-04-25
HTBK
HERITAGE COMMERCE CORP
$497.96M$201.52M$105.00M$71.91M$1.1814.01%11.27%20.41%15.26%2024-04-25
WBS
WEBSTER FINANCIAL CORP
$8.08B$2.50B$1.19B$851.19M$4.9113.96%16.87%31.99%5.09%2024-04-18
HBAN
HUNTINGTON BANCSHARES INC
$18.68B$6.96B$3.16B$1.82B$1.26-0.10%10.23%-14.29%0.65%2024-04-18
TCBX
THIRD COAST BANCSHARES INC
$256.44M$134.98M$39.21M$26.28M$1.9434.85%N/A185.29%N/A2024-04-24
BBD
BANK BRADESCO
$30.01B$16.44B$5.95B$4.21B$0.3812.83%-5.63%-5.11%-6.98%
SMBC
SOUTHERN MISSOURI BANCORP INC
$473.08M$153.93M$63.96M$43.31M$3.9024.11%14.66%-17.72%6.78%2024-04-29
PFC
PREMIER FINANCIAL CORP
$677.14M$314.21M$156.05M$116.50M$3.268.54%16.75%14.79%8.78%2024-04-23
WABC
WESTAMERICA BANCORPORATION
$1.19B$323.62M$232.42M$161.64M$6.0435.32%9.50%55.67%23.18%2024-04-18
CMA
COMERICA INC
$6.40B$3.72B$1.62B$1.17B$8.8814.04%2.46%15.93%7.94%2024-04-18
VLY
VALLEY NATIONAL BANCORP
$4.06B$1.92B$886.80M$588.89M$1.1617.54%16.21%8.41%13.35%2024-04-25
MTB
M&T BANK CORP
$23.02B$9.00B$4.01B$2.64B$15.8517.44%9.19%36.76%4.45%2024-04-15
FCNCA
FIRST CITIZENS BANCSHARES INC
$22.75B$17.41B$12.02B$11.41B$785.14292.43%61.59%1,063.69%87.89%
ITUB
ITAU UNIBANCO HOLDING SA
$68.73B$23.21B$10.21B$5.96B$0.618.65%-4.39%16.46%-4.44%
ORRF
ORRSTOWN FINANCIAL SERVICES INC
$280.74M$129.91M$51.50M$37.65M$3.6210.01%13.64%105.68%20.08%2024-04-23
OVLY
OAK VALLEY BANCORP
$201.19M$85.01M$45.99M$34.46M$4.2245.56%15.23%103.86%27.35%2024-04-18
WSFS
WSFS FINANCIAL CORP
$2.52B$931.76M$432.63M$289.70M$4.7017.67%19.50%40.30%9.32%2024-04-22
MVBF
MVB FINANCIAL CORP
$269.38M$144.35M$41.41M$29.83M$2.378.73%10.75%54.90%20.83%2024-04-25
FFBC
FIRST FINANCIAL BANCORP
$2.06B$797.09M$356.40M$255.86M$2.7214.35%8.19%16.74%6.88%2024-04-18
CFG
CITIZENS FINANCIAL GROUP INC
$14.10B$7.54B$2.39B$1.49B$3.14-0.13%5.37%-23.79%-2.37%2024-04-17
UBFO
UNITED SECURITY BANCSHARES
$127.49M$53.29M$29.59M$19.74M$1.1525.52%6.52%45.57%10.44%2024-04-24
OSBC
OLD SECOND BANCORP INC
$593.59M$279.18M$138.08M$97.12M$2.1840.89%18.89%246.03%23.46%2024-04-17
CALB
CALIFORNIA BANCORP
$193.00M$81.12M$35.14M$23.96M$2.8622.35%N/A43.00%N/A2024-04-24
SPFI
SOUTH PLAINS FINANCIAL INC
$428.87M$219.41M$88.82M$65.04M$3.82-1.55%N/A11.37%N/A2024-04-25
CATY
CATHAY GENERAL BANCORP
$2.80B$793.05M$461.01M$369.20M$5.077.86%6.12%12.42%11.98%2024-04-18
IBOC
INTERNATIONAL BANCSHARES CORP
$3.18B$798.87M$545.46M$411.77M$6.6322.32%6.91%38.41%15.18%
ABCB
AMERIS BANCORP
$3.12B$935.41M$420.78M$285.39M$4.13-8.29%17.97%-17.40%15.04%2024-04-25
CASH
PATHWARD FINANCIAL INC
$1.29B$659.96M$243.97M$163.43M$6.1218.99%15.57%45.02%26.36%2024-04-24
FRME
FIRST MERCHANTS CORP
$1.98B$665.60M$307.41M$250.19M$4.2417.72%10.79%20.45%8.12%2024-04-23
EBMT
EAGLE BANCORP MONTANA INC
$103.85M$83.44M$22.09M$11.51M$1.49-1.99%15.96%19.20%15.34%2024-04-23
QCRH
QCR HOLDINGS INC
$941.20M$325.32M$137.14M$111.61M$6.5112.24%15.65%8.32%18.47%2024-04-24
CCBG
CAPITAL CITY BANK GROUP INC
$468.21M$216.36M$70.17M$50.15M$2.9612.50%9.48%65.36%23.27%2024-04-22
MSBI
MIDLAND STATES BANCORP INC
$517.39M$281.48M$118.74M$66.55M$2.97-7.86%3.03%-29.95%11.94%2024-04-25
PLBC
PLUMAS BANCORP
$199.35M$77.07M$42.32M$30.07M$5.1419.97%14.34%24.15%17.76%2024-04-17
RVSB
RIVERVIEW BANCORP INC
$97.43M$53.32M$15.32M$9.75M$0.47-17.39%-1.29%-45.98%-7.92%2024-04-25
CBAN
COLONY BANKCORP INC
$192.37M$111.79M$35.44M$21.70M$1.24-1.88%17.55%12.73%1.88%2024-04-25
BMA
MACRO BANK INC
$2.35B$2.28B$342.03M$187.47M$2.93-22.63%-9.72%-46.74%-14.83%
BCML
BAYCOM CORP
$228.14M$110.29M$47.62M$31.91M$2.5618.74%14.95%47.98%17.56%2024-04-18
FBK
FB FINANCIAL CORP
$1.63B$475.22M$165.12M$120.22M$2.57-6.44%7.61%-2.65%-0.23%2024-04-15
CFR
CULLEN/FROST BANKERS INC
$6.85B$1.94B$788.82M$591.30M$9.1114.64%8.56%3.05%5.50%2024-04-25
FITB
FIFTH THIRD BANCORP
$22.88B$8.19B$3.45B$2.21B$3.234.88%4.03%-4.44%0.76%2024-04-19
PNFP
PINNACLE FINANCIAL PARTNERS INC
$6.26B$1.60B$792.70M$546.96M$7.208.41%12.15%0.00%9.09%2024-04-15
MCBC
MACATAWA BANK CORP
$332.96M$105.34M$54.06M$43.22M$1.2615.39%6.56%24.75%10.07%2024-04-25
NYCB
NEW YORK COMMUNITY BANCORP INC
$3.28B$5.07B$3.08B$2.77B$4.00264.41%35.01%217.46%35.99%2024-04-26
PBBK
PB BANKSHARES INC
$38.78M$12.95M$3.65M$2.62M$1.0432.04%N/A108.00%N/A
NBHC
NATIONAL BANK HOLDINGS CORP
$1.25B$417.57M$199.46M$142.05M$3.7440.40%9.69%70.00%13.34%2024-04-17
ACNB
ACNB CORP
$302.02M$113.47M$51.47M$37.79M$4.4414.92%9.97%27.95%10.46%2024-04-25
BCBP
BCB BANCORP INC
$175.05M$108.57M$48.06M$34.80M$2.06-6.10%7.16%-19.22%22.39%2024-04-16
ASB
ASSOCIATED BANC-CORP
$3.12B$1.02B$253.04M$171.46M$1.14-15.49%-3.76%-51.69%-9.90%2024-04-18
BY
BYLINE BANCORP INC
$901.00M$340.76M$139.36M$100.98M$2.6212.74%12.74%18.02%31.75%2024-04-25
IBCP
INDEPENDENT BANK CORP
$498.19M$201.65M$84.28M$60.41M$2.87-1.57%5.83%-0.35%15.94%2024-04-25
ONB
OLD NATIONAL BANCORP
$4.74B$1.78B$813.64M$565.86M$1.9512.30%19.62%29.14%9.65%2024-04-23
BKU
BANKUNITED INC
$1.95B$873.04M$311.14M$178.67M$2.39-4.63%-5.46%-32.68%-4.51%2024-04-23
RF
REGIONS FINANCIAL CORP
$17.06B$7.02B$2.75B$1.98B$2.111.14%4.92%-7.86%6.36%2024-04-19
SNV
SYNOVUS FINANCIAL CORP
$5.44B$2.03B$791.18M$507.76M$3.48-4.25%8.09%-30.26%-0.06%2024-04-17
FBMS
FIRST BANCSHARES INC
$756.11M$278.11M$113.38M$80.71M$2.7436.14%25.07%-6.80%15.21%2024-04-12
EBC
EASTERN BANKSHARES INC
$2.27B$292.60M$192.51M$232.18M$1.43-53.32%-12.03%18.18%N/A2024-04-25
CIVB
CIVISTA BANCSHARES INC
$232.93M$163.55M$59.71M$45.46M$2.9030.03%16.42%13.73%24.75%2024-04-26
MPB
MID PENN BANCORP INC
$339.21M$166.56M$58.35M$41.02M$2.556.03%25.06%10.39%20.35%2024-04-26
HDB
HDFC BANK LTD
$98.76B$13.75B$8.33B$6.02B$3.2517.50%12.00%18.30%15.30%2024-04-22
FUSB
FIRST US BANCSHARES INC
$59.22M$39.99M$12.96M$8.44M$1.419.05%3.62%36.89%N/A2024-04-24
FISI
FINANCIAL INSTITUTIONS INC
$278.17M$198.27M$70.73M$51.11M$3.32-3.80%6.06%-17.62%4.77%2024-04-24
FUNC
FIRST UNITED CORP
$145.76M$75.75M$30.00M$20.27M$3.04-1.32%6.20%-21.24%25.41%2024-04-22
NECB
NORTHEAST COMMUNITY BANCORP INC
$221.32M$94.86M$61.51M$42.44M$2.8669.12%39.53%113.43%95.56%2024-04-29
INDB
INDEPENDENT BANK CORP
$2.17B$707.88M$351.24M$239.50M$5.42-1.88%13.14%-4.75%4.21%2024-04-18
ESQ
ESQUIRE FINANCIAL HOLDINGS INC
$414.07M$105.34M$55.45M$40.24M$5.2243.66%26.88%51.74%42.77%2024-04-23
CVCY
CENTRAL VALLEY COMMUNITY BANCORP
$214.32M$89.05M$44.29M$27.28M$2.337.10%4.31%6.39%14.77%2024-04-18
HBT
HBT FINANCIAL INC
$594.56M$215.09M$86.61M$60.54M$1.9523.88%N/A-0.51%N/A2024-04-24
STBA
S&T BANCORP INC
$1.17B$389.14M$186.32M$144.78M$3.766.42%7.69%8.36%4.41%2024-04-18
OPBK
OP BANCORP
$152.99M$84.38M$38.63M$26.77M$1.72-7.88%11.98%-23.21%15.69%2024-04-25
CVLY
CODORUS VALLEY BANCORP INC
$215.48M$96.61M$37.64M$27.45M$2.8720.55%5.40%83.97%11.17%2024-04-25
FSBW
FS BANCORP INC
$254.60M$135.92M$55.81M$33.90M$4.3616.85%15.29%14.14%13.89%2024-04-24
SMMF
SUMMIT FINANCIAL GROUP INC
$386.17M$157.82M$74.48M$52.83M$3.8916.25%13.38%0.00%15.90%2024-04-25
KEY
KEYCORP
$13.00B$5.89B$1.30B$824.00M$0.89-12.59%-0.94%-54.12%-12.45%2024-04-18
TRST
TRUSTCO BANK CORP N Y
$519.37M$201.09M$102.80M$69.71M$3.663.85%2.71%-0.44%5.97%2024-04-22
FHB
FIRST HAWAIIAN INC
$2.65B$810.31M$351.94M$234.98M$1.842.35%2.30%-11.54%-0.95%2024-04-26
VBTX
VERITEX HOLDINGS INC
$1.06B$377.75M$163.77M$108.26M$2.00-3.07%25.88%-27.27%4.18%2024-04-23
BFST
BUSINESS FIRST BANCSHARES INC
$548.45M$248.52M$97.91M$67.79M$2.7323.39%33.02%22.42%28.15%2024-04-25
FCAP
FIRST CAPITAL INC
$92.14M$41.66M$16.82M$13.22M$3.968.52%5.51%18.92%9.55%2024-04-26
EGBN
EAGLE BANCORP INC
$690.70M$310.06M$158.43M$122.50M$3.95-13.72%-1.03%-9.82%1.15%2024-04-17
MCB
METROPOLITAN BANK HOLDING CORP
$451.58M$249.38M$89.85M$54.96M$4.938.87%26.09%-37.52%11.90%2024-04-16
HBCP
HOME BANCORP INC
$291.94M$135.53M$55.70M$41.63M$5.1712.38%6.55%26.10%11.50%2024-04-16
SMBK
SMARTFINANCIAL INC
$358.24M$155.80M$60.45M$35.41M$2.121.51%15.76%-2.30%18.17%2024-04-22
FMNB
FARMERS NATIONAL BANC CORP
$498.24M$163.01M$64.29M$48.71M$1.34-0.54%10.38%-13.55%5.20%2024-04-24
CHCO
CITY HOLDING CO
$1.47B$286.63M$147.66M$114.37M$7.6213.91%7.35%11.89%11.11%2024-04-23
IFS
INTERCORP FINANCIAL SERVICES INC
$3.34B$1.10B$446.35M$277.19M$2.41-13.23%-0.90%-33.89%-2.74%
BSVN
BANK7 CORP
$245.83M$77.57M$48.34M$35.60M$3.8924.51%15.01%31.42%3.66%2024-04-25
TBBK
BANCORP INC
$2.40B$442.71M$256.92M$188.51M$3.4335.61%10.33%66.50%22.77%2024-04-25
MNSB
MAINSTREET BANCSHARES INC
$135.04M$81.08M$39.03M$26.86M$3.5820.83%N/A24.31%N/A2024-04-15
FULT
FULTON FINANCIAL CORP
$2.46B$1.03B$397.78M$291.60M$1.758.69%5.91%11.46%10.97%2024-04-16
BPOP
POPULAR INC
$5.97B$2.62B$848.06M$702.48M$9.78-13.08%5.80%-28.98%19.58%2024-04-24
CIB
BANCOLOMBIA SA
$7.82B$4.47B$2.27B$1.47B$6.1714.34%2.49%38.57%9.49%
SYBT
STOCK YARDS BANCORP INC
$1.32B$325.76M$159.87M$107.75M$3.694.32%15.73%13.89%8.54%2024-04-24
INTR
INTER & CO INC
$2.29B$956.25M$176.45M$60.83M$0.1544.90%N/AN/AN/A
HOMB
HOME BANCSHARES INC
$4.67B$984.75M$542.81M$392.93M$1.9413.16%8.35%23.57%2.32%2024-04-18
OPOF
OLD POINT FINANCIAL CORP
$84.39M$60.88M$12.99M$8.89M$1.7813.12%7.46%11.95%74.50%2024-04-25
FCBC
FIRST COMMUNITY BANKSHARES INC
$598.15M$152.04M$68.36M$48.82M$2.816.94%5.87%4.46%10.84%2024-04-17
EFSC
ENTERPRISE FINANCIAL SERVICES CORP
$1.48B$594.71M$256.22M$190.31M$5.0911.44%21.61%-4.32%5.69%2024-04-22
USB
US BANCORP
$64.23B$25.74B$7.85B$5.05B$3.2715.90%4.01%-11.38%-4.65%2024-04-17
HBNC
HORIZON BANCORP INC
$524.07M$220.44M$93.42M$74.36M$1.70-11.20%6.09%-20.93%6.51%2024-04-24

Bank Stocks FAQ

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

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

1. Seacoast Banking Of Florida (NASDAQ:SBCF)


Seacoast Banking Of Florida (NASDAQ:SBCF) is the top bank stock with a Zen Score of 59, which is 24 points higher than the bank industry average of 35. It passed 21 out of 38 due diligence checks and has strong fundamentals. Seacoast Banking Of Florida has seen its stock lose -22.68% over the past year, underperforming other bank stocks by -18 percentage points.

Seacoast Banking Of Florida has an average 1 year price target of $25.88, an upside of 9.69% from Seacoast Banking Of Florida's current stock price of $23.59.

Seacoast Banking Of Florida stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Seacoast Banking Of Florida, 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.

2. Heritage Commerce (NASDAQ:HTBK)


Heritage Commerce (NASDAQ:HTBK) is the second best bank stock with a Zen Score of 59, which is 24 points higher than the bank industry average of 35. It passed 20 out of 38 due diligence checks and has strong fundamentals. Heritage Commerce has seen its stock lose -32.7% over the past year, underperforming other bank stocks by -28 percentage points.

Heritage Commerce has an average 1 year price target of $11.00, an upside of 34.97% from Heritage Commerce's current stock price of $8.15.

Heritage Commerce stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Heritage Commerce, 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.

3. Webster Financial (NYSE:WBS)


Webster Financial (NYSE:WBS) is the third best bank stock with a Zen Score of 59, which is 24 points higher than the bank industry average of 35. It passed 21 out of 38 due diligence checks and has strong fundamentals. Webster Financial has seen its stock lose -11.39% over the past year, underperforming other bank stocks by -6 percentage points.

Webster Financial has an average 1 year price target of $58.70, an upside of 24.71% from Webster Financial's current stock price of $47.07.

Webster Financial stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Webster Financial, 50% have issued a Strong Buy rating, 40% have issued a Buy, 10% 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 279 bank stocks that have issued dividends in the past year, the 3 bank stocks with the highest dividend yields are:

1. New York Community Bancorp (NYSE:NYCB)


New York Community Bancorp (NYSE:NYCB) has an annual dividend yield of 12.33%, which is 9 percentage points higher than the bank industry average of 3.71%. 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 17% indicates that its high dividend yield is sustainable for the long-term.

2. Bancolombia Sa (NYSE:CIB)


Bancolombia Sa (NYSE:CIB) has an annual dividend yield of 10.33%, which is 7 percentage points higher than the bank industry average of 3.71%. 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 47.9% indicates that its high dividend yield is sustainable for the long-term.

3. Bank Of Chile (NYSE:BCH)


Bank Of Chile (NYSE:BCH) has an annual dividend yield of 9.16%, which is 5 percentage points higher than the bank industry average of 3.71%. Bank Of Chile's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Bank Of Chile's dividend has shown consistent growth over the last 10 years.

Bank Of Chile's dividend payout ratio of 58.5% indicates that its high dividend yield is sustainable for the long-term.

Why are bank stocks down?

Bank stocks were down -0.99% in the last day, and down -0.87% 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. Bogota Financial (NASDAQ:BSBK)


Bogota Financial (NASDAQ:BSBK) is the 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 -32.35% in the past year. It has underperformed other stocks in the bank industry by -27 percentage points.

2. Baycom (NASDAQ:BCML)


Baycom (NASDAQ:BCML) is the second most undervalued bank stock based on WallStreetZen's Valuation Score. Baycom 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.

Baycom's stock has dropped -3.8% in the past year. It has overperformed other stocks in the bank industry by 1 percentage points.

3. Hanover Bancorp (NASDAQ:HNVR)


Hanover Bancorp (NASDAQ:HNVR) is the third most undervalued bank stock based on WallStreetZen's Valuation Score. Hanover 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.

Hanover Bancorp's stock has dropped -16.93% in the past year. It has underperformed other stocks in the bank industry by -12 percentage points.

Are bank stocks a good buy now?

33.33% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 12.89% 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 -9.36x.
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.