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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
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
ORRF
ORRSTOWN FINANCIAL SERVICES INC
$672.17M2.39%26.20%$0.2300$0.8348%0
SUPV
GRUPO SUPERVIELLE SA
$723.33M2.08%0.00%$0.1700$0.1742%4
NU
NU HOLDINGS LTD
$69.48BN/A0.00%N/AN/AN/AN/A
WBS
WEBSTER FINANCIAL CORP
$7.50B3.66%34.70%$0.4000$1.6068%0
SHBI
SHORE BANCSHARES INC
$454.43M3.52%52.20%$0.1200$0.4865%0
FUSB
FIRST US BANCSHARES INC
$63.77M1.35%13.80%$0.0500$0.1526%02024-09-132024-10-01
ITUB
ITAU UNIBANCO HOLDING SA
$64.88B6.25%71.70%$0.0031$0.4185%392024-09-232024-10-08
CASH
PATHWARD FINANCIAL INC
$1.63B0.31%3.00%$0.0500$0.204%02024-10-01
AUB
ATLANTIC UNION BANKSHARES CORP
$3.32B3.46%55.50%$0.3200$1.2864%0
BLX
FOREIGN TRADE BANK OF LATIN AMERICA INC
$1.10B5.79%27.50%$0.5000$1.7584%1
INBK
FIRST INTERNET BANCORP
$289.07M0.72%11.30%$0.0600$0.2412%0
SMBC
SOUTHERN MISSOURI BANCORP INC
$616.48M1.58%17.90%$0.2300$0.8632%0
MVBF
MVB FINANCIAL CORP
$252.22M3.49%42.80%$0.1700$0.6865%12024-09-15
CBFV
CB FINANCIAL SERVICES INC
$138.63M3.71%22.80%$0.2500$1.0068%0
PEBO
PEOPLES BANCORP INC
$1.06B5.30%44.10%$0.4000$1.5881%0
VBTX
VERITEX HOLDINGS INC
$1.31B3.31%49.70%$0.2000$0.8062%0
PFS
PROVIDENT FINANCIAL SERVICES INC
$2.32B5.39%89.70%$0.2400$0.9682%2
FXNC
FIRST NATIONAL CORP
$109.53M3.44%47.20%$0.1500$0.6064%02024-09-13
UCB
UNITED COMMUNITY BANKS INC
$3.39B3.24%59.70%$0.2300$0.9261%02024-09-162024-10-04
OPHC
OPTIMUMBANK HOLDINGS INC
$44.13MN/A0.00%N/AN/AN/AN/A
CBAN
COLONY BANKCORP INC
$263.32M2.99%35.60%$0.1125$0.4557%0
BSVN
BANK7 CORP
$360.72M2.17%24.30%$0.2100$0.8444%12024-09-262024-10-09
BCBP
BCB BANCORP INC
$204.01M5.34%53.30%$0.1600$0.6481%0
AX
AXOS FINANCIAL INC
$3.51BN/A0.00%N/AN/AN/AN/A
LCNB
LCNB CORP
$219.08M5.68%164.20%$0.2200$0.8883%02024-09-16
MRBK
MERIDIAN CORP
$123.10M4.55%52.60%$0.1250$0.5077%3
FVCB
FVCBANKCORP INC
$208.96MN/A0.00%N/AN/AN/AN/A
MCB
METROPOLITAN BANK HOLDING CORP
$552.93MN/A0.00%N/AN/AN/AN/A
ASB
ASSOCIATED BANC-CORP
$3.09B3.22%55.10%$0.2200$0.6661%0
FBP
FIRST BANCORP
$3.26B2.31%23.90%$0.1600$0.4646%0
CWBC
COMMUNITY WEST BANCSHARES
$376.35M2.42%47.10%$0.1200$0.4848%0
EFSC
ENTERPRISE FINANCIAL SERVICES CORP
$1.88B2.01%22.10%$0.2600$1.0141%02024-09-162024-09-30
FUNC
FIRST UNITED CORP
$186.27M2.78%35.70%$0.2000$0.8054%0
COLB
COLUMBIA BANKING SYSTEM INC
$4.93B6.11%63.20%$0.3600$1.4485%3
WAL
WESTERN ALLIANCE BANCORPORATION
$8.65B1.88%22.10%$0.3700$1.4838%0
RBCAA
REPUBLIC BANCORP INC
$1.22B2.49%31.00%$0.4070$1.5649%02024-09-202024-10-18
SMBK
SMARTFINANCIAL INC
$486.40M1.11%20.90%$0.0800$0.3222%0
INTR
INTER & CO INC
$2.83BN/A0.00%N/AN/AN/AN/A
ONB
OLD NATIONAL BANCORP
$5.81B3.07%32.70%$0.1400$0.5658%02024-09-16
TBBK
BANCORP INC
$2.33BN/A0.00%N/AN/AN/AN/A
CFG
CITIZENS FINANCIAL GROUP INC
$17.80B4.23%63.40%$0.4200$1.6874%0
CIB
BANCOLOMBIA SA
$7.66B11.26%39.40%$0.8983$3.5995%6
IFS
INTERCORP FINANCIAL SERVICES INC
$2.83B4.08%47.40%$1.0000$1.0072%4
HBAN
HUNTINGTON BANCSHARES INC
$20.62B4.37%58.50%$0.1550$0.6275%02024-09-172024-10-01
KEY
KEYCORP
$15.19B5.09%106.50%$0.2050$0.8280%02024-09-13
CAC
CAMDEN NATIONAL CORP
$549.46M4.46%56.20%$0.4200$1.6876%0
INDB
INDEPENDENT BANK CORP
$2.51B3.79%45.10%$0.5700$2.2469%0
FISI
FINANCIAL INSTITUTIONS INC
$384.80M3.62%36.90%$0.3000$0.9067%02024-09-132024-10-02
AVAL
GRUPO AVAL ACCIONES Y VALORES SA
$2.39B8.11%126.10%$0.0105$0.1691%52024-09-302024-10-09
BBD
BANK BRADESCO
$29.59B9.28%90.60%$0.0035$0.2692%292024-10-08
BCH
BANK OF CHILE
$12.51B6.84%59.00%$1.6924$1.6988%2
BOTJ
BANK OF THE JAMES FINANCIAL GROUP INC
$61.34M2.81%19.10%$0.1000$0.3854%12024-09-20
FHN
FIRST HORIZON CORP
$8.31B3.87%49.20%$0.1500$0.6070%02024-09-132024-10-01
BUSE
FIRST BUSEY CORP
$1.47B3.72%49.00%$0.2400$0.9668%0
BPOP
POPULAR INC
$6.99B1.92%33.90%$0.6200$1.8639%02024-09-132024-10-01
CCB
COASTAL FINANCIAL CORP
$661.92MN/A0.00%N/AN/AN/AN/A
BFC
BANK FIRST CORP
$885.41M1.47%16.40%$0.3500$1.3029%12024-09-252024-10-09
HTBK
HERITAGE COMMERCE CORP
$592.10M5.38%65.00%$0.1300$0.5282%0
HTLF
HEARTLAND FINANCIAL USA INC
$2.35B2.19%84.50%$0.3000$1.2044%2
STEL
STELLAR BANCORP INC
$1.40B1.99%24.30%$0.1300$0.5240%02024-09-132024-09-30
VBNK
VERSABANK
$335.72MN/A1.40%$0.0194N/AN/A0
FFBC
FIRST FINANCIAL BANCORP
$2.35B3.78%37.60%$0.2400$0.9369%02024-09-16
HBNC
HORIZON BANCORP INC
$672.29M4.16%148.80%$0.1600$0.6473%0
ISTR
INVESTAR HOLDING CORP
$174.00M2.27%26.10%$0.1000$0.4045%0
VLY
VALLEY NATIONAL BANCORP
$4.16B4.04%62.00%$0.1100$0.3372%02024-09-132024-10-01
BMA
MACRO BANK INC
$4.19B9.66%26.80%$1.7976$6.3393%2
MTB
M&T BANK CORP
$27.67B2.38%28.80%$1.3500$3.9548%0
LARK
LANDMARK BANCORP INC
$114.89M3.98%39.80%$0.2100$0.8371%0
CZWI
CITIZENS COMMUNITY BANCORP INC
$137.78M2.39%23.90%$0.3200$0.3248%0
FFIN
FIRST FINANCIAL BANKSHARES INC
$5.11B2.01%51.10%$0.1800$0.7241%02024-10-01
CTBI
COMMUNITY TRUST BANCORP INC
$866.14M3.83%42.60%$0.4600$1.8470%02024-09-132024-10-01
MBIN
MERCHANTS BANCORP
$1.94B0.80%5.20%$0.0900$0.3414%12024-09-132024-10-01
FRME
FIRST MERCHANTS CORP
$2.10B3.85%43.80%$0.3500$1.3870%02024-09-20
OVLY
OAK VALLEY BANCORP
$213.17M1.76%14.90%$0.2250$0.4536%0
BANF
BANCFIRST CORP
$3.42B1.66%28.20%$0.4300$1.7234%02024-09-302024-10-15
HWC
HANCOCK WHITNEY CORP
$4.20B2.88%30.50%$0.4000$1.4055%02024-09-16
BSRR
SIERRA BANCORP
$414.47M3.24%37.50%$0.2400$0.9361%0
NEWT
NEWTEKONE INC
$285.60M6.73%37.40%$0.1900$0.7488%8
IBOC
INTERNATIONAL BANCSHARES CORP
$3.73B2.20%19.80%$0.6600$1.3245%0
RNST
RENASANT CORP
$2.03B2.76%33.30%$0.2200$0.8853%02024-09-162024-09-30
NRIM
NORTHRIM BANCORP INC
$367.20M3.66%41.60%$0.6200$2.4468%02024-09-13
OFG
OFG BANCORP
$2.01B2.18%23.00%$0.2500$0.9444%12024-09-302024-10-15
SNV
SYNOVUS FINANCIAL CORP
$6.29B3.48%92.70%$0.3800$1.5265%02024-09-192024-10-01
SSB
SOUTHSTATE CORP
$7.05B2.27%33.10%$0.5400$2.1046%0
RVSB
RIVERVIEW BANCORP INC
$95.57M4.42%200.00%$0.0200$0.2076%1
CCBG
CAPITAL CITY BANK GROUP INC
$568.40M2.53%27.10%$0.2300$0.8550%02024-09-23
USB
US BANCORP
$68.43B4.45%62.10%$0.4900$1.9576%02024-09-302024-10-15
NKSH
NATIONAL BANKSHARES INC
$186.71M5.14%97.40%$0.7300$1.5180%1
FCAP
FIRST CAPITAL INC
$109.61M3.30%30.00%$0.2700$1.0862%02024-09-132024-09-27
UMBF
UMB FINANCIAL CORP
$4.97B1.53%19.90%$0.3900$1.5631%02024-10-01
MSBI
MIDLAND STATES BANCORP INC
$470.65M5.59%61.60%$0.3100$1.2383%0
WABC
WESTAMERICA BANCORPORATION
$1.31B3.59%30.70%$0.4400$1.7666%0
CFFI
C & F FINANCIAL CORP
$185.69M3.10%30.70%$0.4400$1.7658%02024-09-132024-10-01
OPBK
OP BANCORP
$180.11M3.95%35.00%$0.1200$0.4871%0
PNFP
PINNACLE FINANCIAL PARTNERS INC
$7.12B0.95%17.20%$0.2200$0.8817%0
HBT
HBT FINANCIAL INC
$683.89M3.41%32.00%$0.1900$0.7464%0
FSFG
FIRST SAVINGS FINANCIAL GROUP INC
$161.22M2.48%43.30%$0.1500$0.5849%12024-09-132024-09-30
FBMS
FIRST BANCSHARES INC
$970.15M3.18%40.90%$0.2500$0.9960%0
BFST
BUSINESS FIRST BANCSHARES INC
$633.98M2.25%22.00%$0.1400$0.5645%0
NWBI
NORTHWEST BANCSHARES INC
$1.66B6.14%98.80%$0.2000$0.8085%0

Bank Stocks FAQ

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

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

1. Orrstown Financial Services (NASDAQ:ORRF)


Orrstown Financial Services (NASDAQ:ORRF) is the top bank stock with a Zen Score of 56, which is 26 points higher than the bank industry average of 30. It passed 20 out of 38 due diligence checks and has strong fundamentals. Orrstown Financial Services has seen its stock return 56.8% over the past year, overperforming other bank stocks by 30 percentage points.

Orrstown Financial Services has an average 1 year price target of $32.00, a downside of -7.78% from Orrstown Financial Services's current stock price of $34.70.

Orrstown Financial Services stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Orrstown Financial Services, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Grupo Supervielle Sa (NYSE:SUPV)


Grupo Supervielle Sa (NYSE:SUPV) is the second best bank stock with a Zen Score of 55, which is 25 points higher than the bank industry average of 30. It passed 21 out of 38 due diligence checks and has strong fundamentals. Grupo Supervielle Sa has seen its stock return 222.92% over the past year, overperforming other bank stocks by 196 percentage points.

3. Nu Holdings (NYSE:NU)


Nu Holdings (NYSE:NU) is the third best bank stock with a Zen Score of 53, which is 23 points higher than the bank industry average of 30. It passed 19 out of 33 due diligence checks and has strong fundamentals. Nu Holdings has seen its stock return 94.5% over the past year, overperforming other bank stocks by 68 percentage points.

Nu Holdings has an average 1 year price target of $15.21, an upside of 4.84% from Nu Holdings's current stock price of $14.51.

Nu Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Nu Holdings, 62.5% have issued a Strong Buy rating, 0% have issued a Buy, 37.5% 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 265 bank stocks that have issued dividends in the past year, the 3 bank stocks with the highest dividend yields are:

1. Bancolombia Sa (NYSE:CIB)


Bancolombia Sa (NYSE:CIB) has an annual dividend yield of 11.26%, which is 8 percentage points higher than the bank industry average of 3.36%. 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.

2. Macro Bank (NYSE:BMA)


Macro Bank (NYSE:BMA) has an annual dividend yield of 9.66%, which is 6 percentage points higher than the bank industry average of 3.36%. Macro Bank's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Macro Bank's dividend has shown consistent growth over the last 10 years.

Macro Bank's dividend payout ratio of 26.8% indicates that its high dividend yield is sustainable for the long-term.

3. Bank Bradesco (NYSE:BBD)


Bank Bradesco (NYSE:BBD) has an annual dividend yield of 9.28%, which is 6 percentage points higher than the bank industry average of 3.36%. Bank Bradesco's dividend payout is not stable, having dropped more than 10% twenty-nine times in the last 10 years. Bank Bradesco's dividend has not shown consistent growth over the last 10 years.

Bank Bradesco's dividend payout ratio of 90.6% indicates that its high dividend yield might not be sustainable for the long-term.

Why are bank stocks up?

Bank stocks were up 0.53% in the last day, and down -2.18% 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 64 points higher than the bank industry average of 36. It passed 7 out of 7 valuation due diligence checks.

First Us Bancshares's stock has gained 28.32% in the past year. It has overperformed other stocks in the bank industry by 1 percentage points.

2. Bank Of The James Financial Group (NASDAQ:BOTJ)


Bank Of The James Financial Group (NASDAQ:BOTJ) is the second most undervalued bank stock based on WallStreetZen's Valuation Score. Bank Of The James Financial Group has a valuation score of 100, which is 64 points higher than the bank industry average of 36. It passed 7 out of 7 valuation due diligence checks.

Bank Of The James Financial Group's stock has gained 26.76% in the past year. It has performed in line with other stocks in the bank industry.

3. Bank Bradesco (NYSE:BBD)


Bank Bradesco (NYSE:BBD) is the third most undervalued bank stock based on WallStreetZen's Valuation Score. Bank Bradesco has a valuation score of 71, which is 35 points higher than the bank industry average of 36. It passed 5 out of 7 valuation due diligence checks.

Bank Bradesco's stock has dropped -7.02% in the past year. It has underperformed other stocks in the bank industry by -34 percentage points.

Are bank stocks a good buy now?

44.7% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 8.59% 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 12.41x.
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.