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

Ticker	Company	Market Cap	Revenue	EBITDA	Earnings	EPS	Revenue Growth Y/Y	Revenue Growth 5Y	Earnings Growth Y/Y	Earnings Growth 5Y	Earnings Date
MYFW	FIRST WESTERN FINANCIAL INC	$152.88M	$82.70M	$9.44M	$5.23M	$0.55	-23.38%	7.50%	-75.98%	-2.99%	2024-06-20
BAFN	BAYFIRST FINANCIAL CORP	$52.93M	$75.74M	$10.07M	$4.74M	$1.16	21.67%	N/A	N/A	N/A
CLST	CATALYST BANCORP INC	$53.40M	$9.26M	$1.09M	$602.00k	$0.14	4.31%	N/A	250.00%	N/A
FSBC	FIVE STAR BANCORP	$379.17M	$114.39M	$68.23M	$47.73M	$2.78	10.49%	N/A	6.51%	N/A	2024-05-16
TFC	TRUIST FINANCIAL CORP	$50.67B	$21.28B	$986.00M	-$1.45B	-$1.09	-4.39%	14.13%	N/A	N/A
TCBC	TC BANCSHARES INC	$58.77M	$14.91M	$1.22M	$265.83k	$0.06	-5.74%	N/A	-83.33%	N/A
KB	KB FINANCIAL GROUP INC	$19.54B	$3.09B	$5.30B	$3.38B	$8.42	-9.32%	5.14%	-7.13%	2.20%
TBNK	TERRITORIAL BANCORP INC	$63.02M	$45.11M	$10.75M	$5.03M	$0.58	-25.16%	-6.41%	-67.96%	-22.47%
BSBR	BANCO SANTANDER (BRASIL) SA	$38.19B	$65.86B	$14.61B	$9.45B	N/A	-0.92%	5.88%	N/A	N/A	2024-04-30
AMAL	AMALGAMATED FINANCIAL CORP	$728.87M	$275.98M	$129.14M	$87.98M	$2.88	10.95%	9.13%	9.09%	14.40%	2024-05-23
LSBK	LAKE SHORE BANCORP INC	$61.68M	$28.04M	$7.03M	$4.82M	$0.82	6.53%	6.97%	-15.46%	4.44%
SFST	SOUTHERN FIRST BANCSHARES INC	$222.54M	$86.25M	$22.24M	$13.43M	$1.67	-14.64%	4.73%	-54.37%	-11.17%
NYCB	NEW YORK COMMUNITY BANCORP INC	$2.45B	$4.93B	$115.00M	-$112.00M	-$0.16	226.56%	34.89%	N/A	N/A	2024-04-26
HONE	HARBORONE BANCORP INC	$462.78M	$163.45M	$29.73M	$16.08M	$0.37	-18.54%	4.01%	-62.24%	13.09%
BWB	BRIDGEWATER BANCSHARES INC	$326.98M	$111.84M	$55.57M	$35.91M	$1.29	-12.85%	11.91%	-27.53%	6.76%
ASRV	AMERISERV FINANCIAL INC	$47.84M	$44.98M	-$2.34M	-$3.35M	-$0.20	-21.37%	-2.22%	N/A	N/A
JMSB	JOHN MARSHALL BANCORP INC	$240.91M	$38.80M	$9.70M	$5.16M	$0.37	-46.07%	N/A	-83.70%	N/A
SHFS	SHF HOLDINGS INC	$40.46M	$17.56M	-$16.49M	-$17.28M	-$0.41	85.29%	N/A	N/A	N/A
CLBK	COLUMBIA FINANCIAL INC	$1.77B	$228.47M	$60.32M	$36.09M	$0.35	-21.67%	5.00%	-57.32%	11.84%	2024-06-06
SBT	STERLING BANCORP INC	$252.53M	$76.27M	$11.89M	$7.41M	$0.15	-15.33%	-11.30%	N/A	-34.02%	2024-05-16
BANC	BANC OF CALIFORNIA INC	$2.22B	$246.84M	-$2.12B	-$1.94B	-$22.71	-81.59%	-2.41%	N/A	N/A
LNKB	LINKBANCORP INC	$250.23M	$30.50M	-$13.55M	-$11.97M	-$0.67	-11.97%	N/A	N/A	N/A	2024-05-23
BSBK	BOGOTA FINANCIAL CORP	$89.54M	$16.24M	$938.78k	$642.54k	$0.05	-31.71%	3.24%	-90.20%	N/A	2024-06-16
BHRB	BURKE & HERBERT FINANCIAL SERVICES CORP	$403.70M	$111.50M	$27.93M	$22.69M	$3.05	-13.06%	N/A	-48.57%	N/A
WMPN	WILLIAM PENN BANCORPORATION	$115.38M	$21.96M	$1.89M	$904.00k	$0.08	-16.65%	N/A	-73.33%	N/A	2024-05-04
CULL	CULLMAN BANCORP INC	$75.45M	$16.60M	$5.52M	$3.95M	$0.56	1.13%	N/A	-5.08%	N/A	2024-05-06
TFIN	TRIUMPH FINANCIAL INC	$1.65B	$399.40M	$71.90M	$31.02M	$1.34	-14.79%	9.65%	-62.36%	-8.24%
MFG	MIZUHO FINANCIAL GROUP INC	$49.39B	$14.16B	$1.84B	-$99.00M	-$0.01	20.92%	-7.85%	N/A	N/A	2024-05-15
CFSB	CFSB BANCORP INC	$45.70M	$8.41M	$1.18M	$373.00k	$0.07	-12.28%	N/A	N/A	N/A
GBNY	GENERATIONS BANCORP NY INC	$22.42M	$10.79M	-$974.00k	-$1.57M	-$0.72	-16.09%	-1.98%	N/A	N/A
CPBI	CENTRAL PLAINS BANCSHARES INC	$41.95M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
HMST	HOMESTREET INC	$230.63M	$209.12M	-$16.46M	-$27.51M	-$1.46	-27.91%	-1.32%	N/A	N/A
FSEA	FIRST SEACOAST BANCORP INC	$44.43M	$9.32M	-$6.23M	-$10.66M	-$2.29	-40.86%	-5.97%	N/A	N/A	2024-05-30
BRBS	BLUE RIDGE BANKSHARES INC	$49.34M	$99.26M	-$55.85M	-$51.77M	-$2.73	-21.83%	30.54%	N/A	N/A
SUPV	GRUPO SUPERVIELLE SA	$511.07M	$508.33M	$6.82M	-$23.12M	-$0.25	-40.53%	-16.75%	N/A	N/A	2024-05-20
BCOW	1895 BANCORP OF WISCONSIN INC	$42.61M	$10.64M	-$5.91M	-$6.79M	-$1.23	-33.34%	-7.20%	N/A	N/A	2024-05-31
NSTS	NSTS BANCORP INC	$50.97M	$4.89M	-$2.69M	-$3.96M	-$0.79	-30.58%	N/A	N/A	N/A
CARV	CARVER BANCORP INC	$7.33M	$27.57M	-$3.47M	-$4.49M	-$1.00	6.32%	-2.88%	N/A	N/A
BLFY	BLUE FOUNDRY BANCORP	$207.60M	$44.17M	-$4.53M	-$7.40M	-$0.31	-20.43%	N/A	N/A	N/A
SRBK	SR BANCORP INC	$88.99M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
PNBK	PATRIOT NATIONAL BANCORP INC	$13.46M	$27.08M	-$4.39M	-$4.18M	-$1.05	-22.59%	-0.90%	N/A	N/A	2024-05-10
TCBS	TEXAS COMMUNITY BANCSHARES INC	$45.36M	$11.06M	-$515.00k	-$733.00k	-$0.24	-7.39%	N/A	N/A	N/A
KFFB	KENTUCKY FIRST FEDERAL BANCORP	$31.54M	$7.54M	-$206.00k	-$350.00k	-$0.05	-20.63%	-4.65%	N/A	N/A	2024-05-01
FFWM	FIRST FOUNDATION INC	$378.33M	$252.14M	-$194.00M	-$199.06M	-$3.53	-31.18%	6.14%	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. 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.