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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
PPBI
PACIFIC PREMIER BANCORP INC
$2.12B$440.99M$60.19M$30.85M$0.31-43.54%1.20%-89.63%-32.96%
NRIM
NORTHRIM BANCORP INC
$263.81M$125.79M$36.07M$25.39M$4.53-1.22%6.03%-15.01%9.25%
FBP
FIRST BANCORP
$2.94B$868.86M$425.67M$302.86M$1.72-2.45%9.63%7.50%13.33%
BFC
BANK FIRST CORP
$796.45M$186.91M$107.19M$74.51M$7.2853.73%21.13%30.47%13.83%2024-06-17
FHB
FIRST HAWAIIAN INC
$2.82B$810.31M$351.94M$234.98M$1.842.35%2.30%-11.54%-0.95%2024-04-26
GABC
GERMAN AMERICAN BANCORP INC
$958.25M$248.14M$113.21M$85.89M$2.91-2.06%10.65%4.68%7.90%
RMBI
RICHMOND MUTUAL BANCORPORATION INC
$123.94M$41.74M$12.19M$9.49M$0.91-9.07%6.79%-24.17%N/A2024-05-15
COLB
COLUMBIA BANKING SYSTEM INC
$3.97B$1.78B$615.45M$348.72M$1.7950.47%26.43%-31.15%-5.38%
CAC
CAMDEN NATIONAL CORP
$447.06M$161.20M$59.52M$43.38M$2.98-12.34%0.44%-28.71%-2.60%2024-04-30
BMRC
BANK OF MARIN BANCORP
$249.86M$105.52M$29.48M$19.90M$1.24-23.97%0.74%-57.68%-12.00%2024-04-29
FFIN
FIRST FINANCIAL BANKSHARES INC
$4.34B$481.18M$255.88M$198.98M$1.39-6.68%5.46%-15.24%4.60%
OPHC
OPTIMUMBANK HOLDINGS INC
$32.89M$23.12M$9.02M$6.28M$0.8750.80%36.47%27.94%10.42%2024-05-08
ACNB
ACNB CORP
$282.38M$105.92M$43.21M$31.69M$3.720.65%8.20%-10.36%3.78%
UNTY
UNITY BANCORP INC
$276.34M$99.97M$55.38M$39.71M$3.896.49%10.48%6.28%13.78%
BMA
MACRO BANK INC
$3.14B$2.28B$342.03M$187.47M$2.93-22.63%-9.72%-46.74%-14.83%2024-05-15
CATC
CAMBRIDGE BANCORP
$497.55M$161.63M$47.60M$34.11M$4.35-11.36%11.20%-40.82%-5.66%
MOFG
MIDWESTONE FINANCIAL GROUP INC
$330.60M$156.75M$37.41M$20.86M$1.33-25.14%5.28%-65.81%-11.72%2024-04-26
MCBC
MACATAWA BANK CORP
$492.40M$103.58M$51.54M$41.01M$1.204.31%5.60%1.69%7.65%
HFBL
HOME FEDERAL BANCORP INC OF LOUISIANA
$37.38M$22.41M$6.37M$4.54M$1.495.50%5.94%-18.58%3.08%2024-04-26
FMNB
FARMERS NATIONAL BANC CORP
$456.56M$170.49M$66.03M$49.93M$1.341.94%11.04%-25.14%2.58%
FCBC
FIRST COMMUNITY BANKSHARES INC
$618.58M$157.15M$67.66M$48.02M$2.679.69%6.46%-5.32%4.04%
FBMS
FIRST BANCSHARES INC
$781.95M$281.53M$108.90M$75.46M$2.4134.59%22.20%-15.73%8.13%
LCNB
LCNB CORP
$200.61M$69.68M$18.25M$12.63M$1.10-7.19%3.63%-43.01%-2.37%
LYG
LLOYDS BANKING GROUP PLC
$40.05B$61.65B$8.76B$6.24B$0.39575.41%17.07%63.14%6.65%
UMBF
UMB FINANCIAL CORP
$4.08B$1.42B$480.33M$350.02M$7.22-0.66%8.58%-19.15%12.71%2024-05-01
NECB
NORTHEAST COMMUNITY BANCORP INC
$220.83M$99.96M$65.96M$46.28M$3.3253.51%39.98%106.21%88.37%2024-04-29
PB
PROSPERITY BANCSHARES INC
$6.00B$1.09B$565.42M$419.32M$4.51-5.15%8.39%-21.29%-0.44%
AUB
ATLANTIC UNION BANKSHARES CORP
$2.44B$670.27M$252.81M$189.95M$2.53-1.97%5.32%-14.81%2.65%2024-05-07
SHBI
SHORE BANCSHARES INC
$351.37M$137.51M$25.12M$11.23M$0.4212.29%18.86%-73.25%-26.52%
CATY
CATHAY GENERAL BANCORP
$2.54B$784.06M$421.69M$354.12M$4.881.04%5.42%0.62%7.81%
FMAO
FARMERS & MERCHANTS BANCORP INC
$279.71M$95.69M$34.13M$22.79M$1.67-2.08%13.68%-32.11%0.73%
VABK
VIRGINIA NATIONAL BANKSHARES CORP
$135.73M$57.34M$28.04M$19.26M$3.60-14.55%16.64%-18.18%2.51%
FUNC
FIRST UNITED CORP
$148.01M$69.72M$24.39M$15.06M$2.25-8.64%4.02%-40.32%8.30%
AROW
ARROW FINANCIAL CORP
$375.26M$130.57M$44.24M$30.08M$1.77-9.61%3.42%-38.11%-3.98%
SMBK
SMARTFINANCIAL INC
$355.49M$149.38M$49.72M$28.59M$1.70-7.33%13.22%-33.85%3.09%
CZFS
CITIZENS FINANCIAL SERVICES INC
$198.49M$86.34M$23.04M$17.81M$4.067.67%10.25%-44.00%-4.04%
SFBS
SERVISFIRST BANCSHARES INC
$3.34B$422.64M$249.02M$206.79M$3.80-9.43%10.14%-17.93%8.14%
HMNF
HMN FINANCIAL INC
$88.76M$38.33M$10.51M$6.01M$1.38-4.36%0.97%-25.41%-6.10%
FRME
FIRST MERCHANTS CORP
$2.04B$647.50M$270.94M$221.91M$3.745.91%9.67%-2.35%2.98%
EGBN
EAGLE BANCORP INC
$597.38M$280.81M$131.00M$100.53M$3.31-20.85%-3.23%-24.77%-5.70%
BFIN
BANKFINANCIAL CORP
$125.23M$55.93M$14.29M$9.39M$0.741.76%-3.49%-7.50%-7.79%2024-04-30
MBCN
MIDDLEFIELD BANC CORP
$175.91M$68.89M$21.80M$17.37M$2.1421.03%9.71%-17.69%2.19%
MNSB
MAINSTREET BANCSHARES INC
$118.86M$77.94M$35.57M$24.43M$3.257.59%20.03%-0.31%18.69%
ECBK
ECB BANCORP INC
$113.42M$25.04M$6.26M$4.46M$0.5313.28%N/A65.63%N/A
SSB
SOUTHSTATE CORP
$6.02B$1.63B$689.68M$494.31M$6.503.99%20.30%-2.26%5.81%2024-04-26
BRKL
BROOKLINE BANCORP INC
$748.49M$333.44M$102.07M$75.00M$0.854.37%4.47%-40.14%-3.95%
TSBK
TIMBERLAND BANCORP INC
$204.05M$75.91M$34.83M$25.91M$3.185.47%6.80%2.91%5.27%
NFBK
NORTHFIELD BANCORP INC
$368.61M$135.21M$60.29M$37.67M$0.86-16.44%2.98%-34.85%-0.23%
WAFD
WAFD INC
$1.81B$673.02M$294.10M$221.75M$3.41-3.85%4.59%-11.20%6.75%
PKBK
PARKE BANCORP INC
$196.95M$72.96M$38.15M$28.44M$2.38-8.70%7.98%-32.19%0.69%
CVLY
CODORUS VALLEY BANCORP INC
$216.09M$95.31M$34.20M$24.97M$2.609.28%5.04%23.22%5.60%
HTBI
HOMETRUST BANCSHARES INC
$455.13M$186.41M$72.92M$50.04M$2.9821.93%8.22%23.14%13.10%
RNST
RENASANT CORP
$1.68B$616.81M$212.42M$144.68M$2.581.67%2.94%-13.13%-1.62%
FCF
FIRST COMMONWEALTH FINANCIAL CORP
$1.39B$467.47M$201.66M$157.06M$1.5519.92%7.32%13.14%7.30%
BCML
BAYCOM CORP
$230.64M$102.84M$41.12M$27.43M$2.274.54%12.46%25.41%8.64%
FBNC
FIRST BANCORP
$1.30B$386.34M$149.81M$104.13M$2.541.55%7.43%-38.35%-3.40%
HTH
HILLTOP HOLDINGS INC
$1.98B$1.18B$166.40M$111.51M$1.71-5.21%-1.73%-2.29%3.50%
CWBC
COMMUNITY WEST BANCSHARES
$212.97M$89.14M$41.85M$25.54M$2.176.59%4.08%-4.41%6.96%
CHCO
CITY HOLDING CO
$1.56B$286.63M$147.66M$114.37M$7.6213.91%7.35%11.89%11.11%
MBWM
MERCANTILE BANK CORP
$588.10M$217.99M$114.20M$82.22M$5.1318.62%9.58%33.25%15.19%
DB
DEUTSCHE BANK AKTIENGESELLSCHAFT
$35.70B$32.23B$8.52B$6.88B$3.0819.86%2.94%24.71%N/A
UBCP
UNITED BANCORP INC
$73.52M$30.34M$10.64M$8.95M$1.573.12%7.13%4.67%13.87%2024-05-02
EBTC
ENTERPRISE BANCORP INC
$302.36M$161.44M$57.43M$38.06M$3.11-1.83%6.37%-11.90%4.72%
CFB
CROSSFIRST BANKSHARES INC
$616.32M$231.02M$93.57M$66.67M$1.3515.91%17.54%8.87%22.98%2024-05-14
BCH
BANK OF CHILE
$11.18B$3.39B$2.26B$1.80B$3.5624.03%6.15%37.07%12.84%2024-05-02
CTBI
COMMUNITY TRUST BANCORP INC
$770.75M$223.96M$103.92M$78.00M$4.360.83%3.57%-5.01%5.41%
NBTB
NBT BANCORP INC
$1.69B$495.12M$175.73M$118.78M$2.67-1.10%4.28%-24.58%0.69%
CCNE
CNB FINANCIAL CORP
$404.10M$217.17M$79.57M$53.72M$2.560.62%12.68%-21.47%2.98%
HAFC
HANMI FINANCIAL CORP
$473.07M$251.11M$123.83M$80.04M$2.63-7.34%4.50%-21.02%7.88%
FXNC
FIRST NATIONAL CORP
$94.35M$49.05M$13.42M$9.62M$1.54-12.95%6.27%-42.75%-5.56%
OPOF
OLD POINT FINANCIAL CORP
$72.19M$59.47M$11.64M$7.73M$1.545.75%6.36%-14.44%9.91%
UBSI
UNITED BANKSHARES INC
$4.50B$1.02B$486.91M$366.31M$2.72-0.66%8.05%-3.20%2.03%
FRAF
FRANKLIN FINANCIAL SERVICES CORP
$133.05M$65.76M$17.77M$13.60M$3.11-0.64%8.70%-7.99%17.31%
EBMT
EAGLE BANCORP MONTANA INC
$103.10M$83.74M$19.55M$10.06M$1.29-4.33%15.42%-11.03%6.99%
UNB
UNION BANKSHARES INC
$126.99M$48.25M$14.52M$11.26M$2.50-1.29%5.10%-11.03%9.61%
HOPE
HOPE BANCORP INC
$1.32B$542.34M$193.46M$133.67M$1.11-12.56%0.34%-39.01%-5.07%2024-04-29
SASR
SANDY SPRING BANCORP INC
$960.37M$439.19M$186.14M$122.84M$2.74-8.44%7.05%-25.75%-0.57%
CBSH
COMMERCE BANCSHARES INC
$7.20B$1.54B$661.12M$477.06M$3.645.14%3.67%-1.09%2.13%
SSBK
SOUTHERN STATES BANCSHARES INC
$214.34M$82.90M$42.52M$31.95M$3.6311.40%N/A17.86%N/A
PBBK
PB BANKSHARES INC
$32.36M$12.27M$2.79M$1.92M$0.7810.70%N/A-4.88%N/A
FHN
FIRST HORIZON CORP
$8.27B$3.21B$1.21B$865.00M$1.583.05%10.63%-2.47%-0.98%
BVFL
BV FINANCIAL INC
$118.42M$38.03M$19.67M$13.71M$1.4710.08%N/A11.36%N/A
FIBK
FIRST INTERSTATE BANCSYSTEM INC
$2.80B$993.60M$390.60M$257.50M$2.48-2.88%12.04%26.53%-2.19%
PBHC
PATHFINDER BANCORP INC
$77.04M$41.18M$13.00M$9.29M$1.51-7.59%7.94%-29.11%9.25%2024-04-30
PFS
PROVIDENT FINANCIAL SERVICES INC
$1.15B$451.38M$197.97M$128.40M$1.72-9.17%6.10%-26.81%-1.12%
BSVN
BANK7 CORP
$250.36M$70.64M$38.53M$28.28M$3.094.04%11.63%-5.21%0.06%2024-05-15
SRCE
1ST SOURCE CORP
$1.25B$361.04M$173.70M$123.26M$4.972.92%4.12%-0.60%8.60%
PWOD
PENNS WOODS BANCORP INC
$132.24M$64.82M$23.27M$16.61M$2.340.36%3.14%-5.26%2.29%2024-05-07
IBN
ICICI BANK LTD
$92.87B$22.67B$10.50B$4.14B$1.199.56%4.39%25.16%26.37%2024-05-06
BSAC
BANCO SANTANDER CHILE
$10.31B$1.96B$838.17M$591.74M$1.26-16.11%0.04%-29.24%-5.01%2024-04-26
TCBK
TRICO BANCSHARES
$1.14B$394.09M$179.75M$117.39M$3.530.91%8.52%-8.31%6.55%
HBT
HBT FINANCIAL INC
$596.79M$219.55M$94.36M$65.84M$2.0821.10%7.21%6.67%-10.09%2024-05-28
FNB
FNB CORP
$4.89B$1.50B$662.00M$477.00M$1.328.70%5.50%7.32%3.16%
MRBK
MERIDIAN CORP
$100.89M$94.09M$17.40M$13.24M$1.19-13.96%8.20%-35.68%13.21%2024-05-21
TRMK
TRUSTMARK CORP
$1.82B$735.26M$233.09M$165.49M$2.718.61%4.60%131.62%4.07%
LBAI
LAKELAND BANCORP INC
$818.15M$293.77M$122.55M$84.74M$1.29-11.57%8.94%-21.34%-0.46%
RVSB
RIVERVIEW BANCORP INC
$93.94M$53.32M$15.32M$9.75M$0.47-17.39%-1.29%-45.98%-7.92%
BSRR
SIERRA BANCORP
$301.97M$139.12M$49.70M$34.84M$2.377.25%4.88%5.33%4.09%
HTLF
HEARTLAND FINANCIAL USA INC
$1.51B$558.60M$117.16M$71.87M$1.68-21.45%2.28%-65.00%-13.85%2024-05-01
WAL
WESTERN ALLIANCE BANCORPORATION
$6.46B$2.56B$1.02B$709.60M$6.553.41%22.31%-32.75%9.50%

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. Webster Financial (NYSE:WBS)


Webster Financial (NYSE:WBS) 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 21 out of 38 due diligence checks and has strong fundamentals. Webster Financial has seen its stock return 25.91% over the past year, overperforming other bank stocks by 6 percentage points.

Webster Financial has an average 1 year price target of $59.00, an upside of 29.73% from Webster Financial's current stock price of $45.48.

Webster Financial stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Webster Financial, 63.64% have issued a Strong Buy rating, 36.36% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Orrstown Financial Services (NASDAQ:ORRF)


Orrstown Financial Services (NASDAQ:ORRF) is the second 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 44.98% over the past year, overperforming other bank stocks by 25 percentage points.

Orrstown Financial Services has an average 1 year price target of $32.00, an upside of 21.07% from Orrstown Financial Services's current stock price of $26.43.

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.

3. Cb Financial Services (NASDAQ:CBFV)


Cb Financial Services (NASDAQ:CBFV) is the third best bank stock with a Zen Score of 57, which is 24 points higher than the bank industry average of 33. It passed 20 out of 38 due diligence checks and has strong fundamentals. Cb Financial Services has seen its stock return 2.01% over the past year, underperforming other bank stocks by -18 percentage points.

Cb Financial Services has an average 1 year price target of $24.50, an upside of 12.49% from Cb Financial Services's current stock price of $21.78.

Cb Financial Services stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Cb Financial Services, 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.

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 3.86%.

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 18.24%, which is 14 percentage points higher than the bank industry average of 3.86%. 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 11.28%, which is 7 percentage points higher than the bank industry average of 3.86%. 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 0.46% in the last day, and up 5.83% over the last week. First Citizens Bancshares was the among the top gainers in the banks - regional industry, gaining 9.8% yesterday.

First Citizens BancShares are trading higher after the company reported better-than-expected Q1 adjusted EPS 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 Business Financial Services (NASDAQ:FBIZ)


First Business Financial Services (NASDAQ:FBIZ) is the most undervalued bank stock based on WallStreetZen's Valuation Score. First Business Financial Services 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 Business Financial Services's stock has gained 21.25% in the past year. It has overperformed other stocks in the bank industry by 2 percentage points.

2. First Us Bancshares (NASDAQ:FUSB)


First Us Bancshares (NASDAQ:FUSB) is the second 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 33.58% in the past year. It has overperformed other stocks in the bank industry by 14 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 5.13% in the past year. It has underperformed other stocks in the bank industry by -15 percentage points.

Are bank stocks a good buy now?

37.2% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 11.45% 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 -10.31x.
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.