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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
FNLC
FIRST BANCORP INC
$253.10M$79.46M$37.81M$29.52M$2.68-12.96%5.32%-24.72%4.22%
FCCO
FIRST COMMUNITY CORP
$123.28M$58.18M$16.96M$11.84M$1.56-2.48%4.79%-19.59%1.06%
CBU
COMMUNITY BANK SYSTEM INC
$2.42B$640.92M$196.58M$131.92M$2.45-3.56%2.80%-29.60%-5.67%
OBK
ORIGIN BANCORP INC
$928.73M$341.14M$123.55M$83.80M$2.7210.81%11.99%-17.33%4.24%2024-04-25
BUSE
FIRST BUSEY CORP
$1.28B$439.44M$176.61M$122.57M$2.21-1.39%6.09%-4.74%1.81%
HFWA
HERITAGE FINANCIAL CORP
$649.95M$239.54M$78.52M$61.76M$1.76-4.34%2.33%-24.46%3.39%2024-04-25
BPOP
POPULAR INC
$6.38B$2.57B$735.81M$539.93M$7.53-13.68%3.57%-48.60%4.40%
HWC
HANCOCK WHITNEY CORP
$4.01B$1.33B$536.40M$392.60M$4.51-5.88%3.86%-24.83%3.93%
PFIS
PEOPLES FINANCIAL SERVICES CORP
$273.46M$100.32M$36.00M$27.38M$3.85-7.15%4.42%-27.50%2.70%2024-04-25
BPRN
PRINCETON BANCORP INC
$190.18M$79.03M$32.31M$25.77M$4.108.94%N/A-2.15%N/A
AFBI
AFFINITY BANCSHARES INC
$106.20M$29.71M$9.12M$6.45M$1.00-5.55%N/A-6.54%N/A2024-04-25
CVBF
CVB FINANCIAL CORP
$2.38B$545.32M$333.60M$221.44M$1.590.08%6.88%-4.79%4.93%
FLIC
FIRST OF LONG ISLAND CORP
$239.68M$93.53M$35.22M$26.24M$1.16-25.32%-2.57%-43.41%-6.69%2024-04-26
FNCB
FNCB BANCORP INC
$110.46M$52.66M$17.03M$12.98M$0.66-12.32%2.86%-36.54%-3.53%2024-04-26
BOH
BANK OF HAWAII CORP
$2.33B$644.17M$245.15M$152.88M$3.88-8.79%-0.13%-26.79%-6.47%
VBNK
VERSABANK
$257.31M$82.04M$46.54M$33.41M$1.2623.90%N/A82.03%N/A2024-06-05
NWFL
NORWOOD FINANCIAL CORP
$196.35M$64.64M$22.61M$16.76M$2.08-16.51%8.91%-42.06%-1.03%
OCFC
OCEANFIRST FINANCIAL CORP
$912.01M$385.68M$153.04M$100.01M$1.70-10.06%7.25%-30.04%2.00%
WASH
WASHINGTON TRUST BANCORP INC
$450.87M$190.04M$61.24M$48.09M$2.82-13.58%-0.29%-31.88%-6.52%
WSBC
WESBANCO INC
$1.68B$584.05M$208.48M$148.91M$2.51-1.57%5.84%-17.16%-3.05%
RRBI
RED RIVER BANCSHARES INC
$332.71M$106.82M$45.69M$34.88M$4.873.07%8.28%-5.25%7.26%2024-04-26
PEBK
PEOPLES BANCORP OF NORTH CAROLINA INC
$153.59M$76.07M$23.05M$15.55M$2.87-0.34%5.36%-2.38%5.18%
TCBK
TRICO BANCSHARES
$1.16B$394.09M$179.75M$117.39M$3.530.91%8.52%-8.31%6.55%
MPB
MID PENN BANCORP INC
$338.44M$163.69M$53.50M$37.40M$2.29-2.10%21.08%-33.43%9.12%2024-04-26
BANR
BANNER CORP
$1.59B$609.63M$248.72M$183.62M$5.35-1.37%3.78%-6.14%5.16%
GCBC
GREENE COUNTY BANCORP INC
$487.82M$68.41M$31.26M$26.73M$1.58-5.15%9.01%-10.73%10.71%
SFNC
SIMMONS FIRST NATIONAL CORP
$2.28B$763.66M$248.48M$175.06M$1.39-12.56%3.01%-32.85%-9.89%
BHB
BAR HARBOR BANKSHARES
$391.01M$150.60M$63.43M$44.85M$2.963.08%5.35%2.07%6.80%
CALB
CALIFORNIA BANCORP
$181.81M$78.13M$31.56M$21.63M$2.584.78%15.44%1.57%16.16%
IBCP
INDEPENDENT BANK CORP
$525.15M$200.80M$83.70M$59.07M$2.82-2.59%5.10%-6.00%10.65%2024-04-25
SBSI
SOUTHSIDE BANCSHARES INC
$858.65M$241.71M$111.71M$86.69M$2.82-3.30%3.41%-13.76%5.87%2024-04-25
ALRS
ALERUS FINANCIAL CORP
$414.49M$166.01M$24.36M$11.70M$0.59-21.30%-0.40%-72.17%-20.69%2024-04-25
UVSP
UNIVEST FINANCIAL CORP
$590.57M$286.05M$93.75M$71.10M$2.420.73%7.64%-9.02%7.07%2024-04-25
THFF
FIRST FINANCIAL CORP
$439.96M$202.67M$79.02M$60.67M$5.08-5.20%6.34%-12.71%5.98%
CHMG
CHEMUNG FINANCIAL CORP
$208.08M$95.74M$34.30M$25.00M$5.28-0.44%3.55%-13.87%5.40%
PDLB
PONCE FINANCIAL GROUP INC
$198.17M$74.52M$10.38M$3.35M$0.1552.15%14.21%N/A0.00%
COFS
CHOICEONE FINANCIAL SERVICES INC
$181.72M$80.64M$38.00M$21.26M$2.82-0.61%22.74%-10.48%6.79%
PROV
PROVIDENT FINANCIAL HOLDINGS INC
$90.05M$40.35M$14.70M$8.03M$1.152.35%-6.58%-3.36%4.56%2024-04-30
WTBA
WEST BANCORPORATION INC
$281.65M$78.40M$31.64M$24.14M$1.44-24.94%2.27%-48.39%-3.82%2024-04-25
MGYR
MAGYAR BANCORP INC
$74.86M$30.24M$11.35M$7.55M$1.182.10%7.71%-1.67%23.54%
CUBI
CUSTOMERS BANCORP INC
$1.58B$683.40M$362.55M$235.45M$7.4914.68%17.04%11.96%32.85%2024-04-26
OBT
ORANGE COUNTY BANCORP INC
$254.87M$93.94M$39.12M$29.48M$5.2416.60%N/A21.02%N/A2024-04-29
HWBK
HAWTHORN BANCSHARES INC
$133.18M$64.34M$2.54M$956.00k$0.14-12.63%4.17%-95.24%-37.41%
CZNC
CITIZENS & NORTHERN CORP
$274.50M$104.63M$32.63M$24.15M$1.574.31%9.74%-8.19%-2.59%
SFBC
SOUND FINANCIAL BANCORP INC
$100.17M$39.13M$10.65M$7.44M$2.881.05%4.39%-15.04%0.42%
BYFC
BROADWAY FINANCIAL CORP
$47.69M$32.11M$7.24M$4.64M$0.489.52%20.19%200.00%N/A2024-05-03
FSFG
FIRST SAVINGS FINANCIAL GROUP INC
$109.10M$80.32M$8.20M$6.22M$0.90-20.05%8.96%-54.77%-10.07%2024-04-25
OVBC
OHIO VALLEY BANC CORP
$112.65M$56.57M$16.83M$12.63M$2.652.90%1.84%-5.36%0.93%2024-04-25
VBFC
VILLAGE BANK & TRUST FINANCIAL CORP
$63.22M$25.20M$2.77M$1.92M$1.29-22.71%1.54%-77.05%-8.76%2024-05-10
TCBI
TEXAS CAPITAL BANCSHARES INC
$2.80B$996.12M$273.51M$159.37M$3.33-16.87%1.31%-46.81%-10.75%
RBB
RBB BANCORP
$344.50M$130.94M$69.87M$42.47M$2.24-15.99%8.56%-33.53%1.20%
PRK
PARK NATIONAL CORP
$2.22B$462.84M$172.28M$126.73M$7.84-3.26%5.15%-14.13%1.92%
FGBI
FIRST GUARANTY BANCSHARES INC
$124.80M$91.57M$15.92M$6.89M$0.62-14.74%8.48%-75.00%-14.23%
FMBH
FIRST MID BANCSHARES INC
$758.73M$274.15M$103.31M$68.94M$3.177.87%14.63%-12.43%4.61%
BLX
FOREIGN TRADE BANK OF LATIN AMERICA INC
$1.07B$166.67M$94.76M$92.04M$2.5459.94%3.80%56.79%3.98%
WNEB
WESTERN NEW ENGLAND BANCORP INC
$140.71M$77.93M$22.18M$15.07M$0.70-15.16%2.96%-40.68%4.19%
FDBC
FIDELITY D & D BANCORP INC
$268.76M$72.13M$25.96M$18.21M$3.21-16.93%13.55%-39.66%1.84%
FFIC
FLUSHING FINANCIAL CORP
$339.51M$191.22M$46.28M$28.66M$0.96-23.06%1.54%-61.60%-12.94%
AUBN
AUBURN NATIONAL BANCORPORATION INC
$59.99M$23.21M$2.32M$1.40M$0.40-28.95%-4.29%-86.44%-30.23%
LKFN
LAKELAND FINANCIAL CORP
$1.60B$241.04M$116.51M$93.77M$3.672.41%5.42%-9.83%2.91%2024-04-25
SBFG
SB FINANCIAL GROUP INC
$93.60M$56.68M$17.04M$12.10M$1.77-1.65%2.83%-1.12%1.56%
CPF
CENTRAL PACIFIC FINANCIAL CORP
$539.49M$235.11M$80.25M$55.43M$2.06-11.09%1.62%-20.46%-0.38%
IROQ
IF BANCORP INC
$54.75M$22.35M$3.22M$1.94M$0.64-17.83%1.19%-63.84%-6.17%2024-04-25
FFNW
FIRST FINANCIAL NORTHWEST INC
$188.08M$43.52M$9.89M$6.31M$0.69-16.35%-1.96%-53.06%-13.68%2024-04-25
FRST
PRIMIS FINANCIAL CORP
$269.77M$133.22M$18.54M$5.11M$0.2019.66%6.70%-78.02%-27.38%2024-04-26
SHG
SHINHAN FINANCIAL GROUP CO LTD
$16.21B$13.16B$5.09B$3.16B$5.827.44%-0.80%-7.78%1.00%2024-04-25
BHLB
BERKSHIRE HILLS BANCORP INC
$974.57M$411.83M$91.59M$69.60M$1.61-0.41%-0.88%-20.69%-6.89%
NKSH
NATIONAL BANKSHARES INC
$170.92M$47.90M$19.43M$15.69M$2.66-18.42%0.82%-38.57%2.77%2024-05-09
GNTY
GUARANTY BANCSHARES INC
$341.31M$119.49M$41.94M$30.04M$2.57-7.49%7.83%-23.96%7.62%
ISTR
INVESTAR HOLDING CORP
$158.76M$83.06M$24.21M$16.68M$1.69-21.06%7.04%-52.26%3.69%
NBBK
NB BANCORP INC
$605.99M$131.75M$14.67M$9.83M$0.2322.51%N/AN/AN/A
NIC
NICOLET BANKSHARES INC
$1.21B$272.50M$105.04M$61.52M$4.17-4.85%13.52%-38.50%-0.43%
INBK
FIRST INTERNET BANCORP
$287.98M$84.38M$10.69M$8.42M$0.95-25.58%4.68%-74.53%-16.28%2024-04-25
WSBF
WATERSTONE FINANCIAL INC
$246.45M$130.74M$14.33M$9.38M$0.47-19.06%-5.49%-47.19%-15.94%
BOKF
BOK FINANCIAL CORP
$6.05B$2.02B$792.75M$530.75M$8.0210.49%4.82%4.43%3.88%
NWBI
NORTHWEST BANCSHARES INC
$1.39B$526.63M$199.58M$134.96M$1.064.65%5.13%0.95%0.58%
RBKB
RHINEBECK BANCORP INC
$84.59M$42.04M$7.11M$4.40M$0.41-9.23%5.95%-36.92%N/A2024-04-25
MCBS
METROCITY BANKSHARES INC
$613.25M$119.70M$74.66M$51.61M$2.05-14.80%4.82%-16.67%3.69%
PNC
PNC FINANCIAL SERVICES GROUP INC
$62.88B$21.49B$6.88B$5.15B$12.801.75%5.83%-7.65%3.48%
ZION
ZIONS BANCORPORATION NATIONAL ASSOCIATION
$6.25B$2.98B$1.03B$648.00M$4.35-1.55%1.12%-25.00%-0.05%
KRNY
KEARNY FINANCIAL CORP
$387.27M$148.37M$35.48M$18.34M$0.29-22.90%-1.04%-58.57%-6.23%2024-04-25
GSBC
GREAT SOUTHERN BANCORP INC
$629.56M$226.37M$94.66M$67.80M$5.65-0.53%2.79%-6.92%3.53%
GBCI
GLACIER BANCORP INC
$4.30B$794.97M$304.75M$222.93M$2.01-10.59%7.95%-26.64%-1.61%
FNWB
FIRST NORTHWEST BANCORP
$102.18M$64.13M$4.45M$2.29M$0.26-18.47%9.07%-84.80%-17.73%2024-04-25
FSBC
FIVE STAR BANCORP
$380.91M$114.39M$68.23M$47.73M$2.7810.49%N/A6.51%N/A
BAP
CREDICORP LTD
$15.88B$4.44B$1.99B$1.30B$16.418.48%5.97%7.30%2.28%2024-05-10
WF
WOORI FINANCIAL GROUP INC
$7.38B$7.99B$3.35B$2.45B$9.8016.15%6.93%17.35%12.44%
FVCB
FVCBANKCORP INC
$200.40M$40.89M$4.83M$3.82M$0.22-37.52%0.67%-84.62%-21.63%
EQBK
EQUITY BANCSHARES INC
$524.27M$138.02M$11.24M$7.82M$0.50-30.53%-0.36%-85.96%-26.49%
FULT
FULTON FINANCIAL CORP
$2.51B$1.03B$381.72M$274.03M$1.664.81%5.70%-1.78%6.88%
GLBZ
GLEN BURNIE BANCORP
$15.45M$13.14M$1.62M$1.43M$0.50-1.40%-0.17%-18.03%-2.24%2024-05-09
CFFN
CAPITOL FEDERAL FINANCIAL INC
$692.74M-$41.97M-$146.86M-$115.36M-$0.86N/AN/AN/AN/A
MYFW
FIRST WESTERN FINANCIAL INC
$157.79M$82.70M$9.44M$5.23M$0.55-23.38%7.50%-75.98%-2.99%
FNWD
FINWARD BANCORP
$107.31M$63.28M$15.21M$8.38M$1.96-19.56%8.46%-45.71%-9.17%
TFSL
TFS FINANCIAL CORP
$3.46B$301.59M$109.86M$73.76M$0.26-0.63%-0.56%-10.34%-2.82%2024-04-25
TMP
TOMPKINS FINANCIAL CORP
$670.60M$215.42M$23.73M$9.51M$0.66-29.48%-5.46%-88.85%-34.30%2024-04-26
PVBC
PROVIDENT BANCORP INC
$152.58M$65.91M$15.87M$10.95M$0.66166.29%11.66%N/A5.71%2024-04-29
ATLO
AMES NATIONAL CORP
$173.82M$53.05M$14.64M$10.82M$1.20-16.85%1.44%-43.93%-8.09%2024-05-06
AMTB
AMERANT BANCORP INC
$763.32M$352.68M$49.87M$32.49M$0.9710.21%5.29%-48.13%-2.13%2024-04-25
USCB
USCB FINANCIAL HOLDINGS INC
$204.36M$63.60M$22.39M$16.55M$0.84-4.20%N/A-16.83%N/A2024-04-26

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. Cb Financial Services (NASDAQ:CBFV)


Cb Financial Services (NASDAQ:CBFV) is the top bank stock with a Zen Score of 61, which is 28 points higher than the bank industry average of 33. It passed 21 out of 38 due diligence checks and has strong fundamentals. Cb Financial Services has seen its stock return 0.12% over the past year, underperforming other bank stocks by -15 percentage points.

Cb Financial Services has an average 1 year price target of $24.50, an upside of 13.85% from Cb Financial Services's current stock price of $21.52.

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.

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 19.5% over the past year, overperforming other bank stocks by 4 percentage points.

Webster Financial has an average 1 year price target of $59.00, an upside of 29.56% from Webster Financial's current stock price of $45.54.

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.

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 40.02% over the past year, overperforming other bank stocks by 24 percentage points.

Orrstown Financial Services has an average 1 year price target of $32.00, an upside of 21.95% from Orrstown Financial Services's current stock price of $26.24.

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 3.81%.

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 18.3%, which is 14 percentage points higher than the bank industry average of 3.81%. 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 11.04%, which is 7 percentage points higher than the bank industry average of 3.81%. 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 0.4% in the last day, and up 5.78% over the last week.

We couldn't find a catalyst for why bank stocks are up.

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 27.38% in the past year. It has overperformed other stocks in the bank industry by 12 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 -7.8% in the past year. It has underperformed other stocks in the bank industry by -23 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 3.19% in the past year. It has underperformed other stocks in the bank industry by -12 percentage points.

Are bank stocks a good buy now?

36.89% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 12.13% 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 -10.44x.
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.