Sectors & Industries Financial ServicesBanks - Regional
Best Bank Stocks to Buy Now (2023)
Top bank stocks in 2023 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 Dividends

Ticker	Company	Market Cap	Dividend Yield	Payout Ratio	Last Dividend	Annual Dividend	Dividend Percentile	Dividend Dropped Count (L10Y)	Ex-dividend Date	Div. Payment Date
HTBK	HERITAGE COMMERCE CORP	$516.83M	6.15%	42.60%	$0.1300	$0.52	82%	0
SBCF	SEACOAST BANKING CORP OF FLORIDA	$1.88B	3.16%	52.30%	$0.1800	$0.70	54%	0		2023-09-29
SASR	SANDY SPRING BANCORP INC	$964.99M	6.32%	42.50%	$0.3400	$1.36	84%	0
EFSC	ENTERPRISE FINANCIAL SERVICES CORP	$1.41B	2.62%	17.10%	$0.2500	$0.99	46%	0		2023-09-29
SMBK	SMARTFINANCIAL INC	$382.93M	1.69%	11.20%	$0.0800	$0.38	30%	0
BCBP	BCB BANCORP INC	$191.39M	5.61%	26.10%	$0.1600	$0.64	79%	0
PFC	PREMIER FINANCIAL CORP	$608.49M	8.98%	36.60%	$0.3100	$1.53	91%	0
FBNC	FIRST BANCORP	$1.13B	3.21%	27.20%	$0.2200	$0.88	54%	0	2023-09-29	2023-10-25
UBFO	UNITED SECURITY BANCSHARES	$122.57M	6.28%	37.80%	$0.1200	$0.45	83%	0
FFIC	FLUSHING FINANCIAL CORP	$373.35M	6.83%	56.10%	$0.2200	$0.88	86%	0		2023-09-29
MVBF	MVB FINANCIAL CORP	$276.27M	3.13%	29.70%	$0.1700	$0.68	54%	1
OSBC	OLD SECOND BANCORP INC	$605.35M	1.48%	9.70%	$0.0500	$0.20	26%	0
STBA	S&T BANCORP INC	$1.02B	4.74%	24.40%	$0.3200	$1.27	72%	0
WABC	WESTAMERICA BANCORPORATION	$1.13B	4.00%	29.50%	$0.4400	$1.70	65%	0
ACNB	ACNB CORP	$286.99M	3.34%	24.00%	$0.2800	$1.12	56%	0
EGBN	EAGLE BANCORP INC	$657.63M	8.19%	42.90%	$0.4500	$1.80	89%	0
FXNC	FIRST NATIONAL CORP	$100.68M	3.66%	21.90%	$0.1500	$0.59	60%	0
SPFI	SOUTH PLAINS FINANCIAL INC	$444.32M	1.94%	13.00%	$0.1300	$0.51	35%	0
WBS	WEBSTER FINANCIAL CORP	$7.03B	3.94%	30.40%	$0.4000	$1.60	64%	0
CFG	CITIZENS FINANCIAL GROUP INC	$13.00B	6.10%	37.90%	$0.4200	$1.68	82%	0
ONB	OLD NATIONAL BANCORP	$4.33B	3.79%	25.70%	$0.1400	$0.56	62%	0
BPOP	POPULAR INC	$4.54B	3.50%	16.20%	$0.5500	$2.20	58%	0		2023-10-02
PLBC	PLUMAS BANCORP	$206.13M	2.59%	18.10%	$0.2500	$0.91	45%	1
FUSB	FIRST US BANCSHARES INC	$50.23M	2.34%	13.10%	$0.0500	$0.20	42%	0		2023-10-02
DCOM	DIME COMMUNITY BANCSHARES INC	$760.62M	5.00%	27.60%	$0.2500	$0.98	75%	0
FRME	FIRST MERCHANTS CORP	$1.66B	4.74%	29.70%	$0.3400	$1.32	73%	0
FHN	FIRST HORIZON CORP	$6.27B	5.34%	30.00%	$0.1500	$0.60	77%	0		2023-10-02
CMA	COMERICA INC	$5.52B	6.71%	28.80%	$0.7100	$2.81	85%	0		2023-10-01
OVLY	OAK VALLEY BANCORP	$212.92M	1.24%	7.70%	$0.1600	$0.32	21%	1
ESSA	ESSA BANCORP INC	$160.28M	3.89%	29.60%	$0.1500	$0.60	63%	0		2023-09-29
IBOC	INTERNATIONAL BANCSHARES CORP	$2.66B	2.94%	19.60%	$0.6300	$1.26	51%	0
SYBT	STOCK YARDS BANCORP INC	$1.23B	2.79%	29.40%	$0.3000	$1.17	48%	0		2023-10-02
MSBI	MIDLAND STATES BANCORP INC	$452.49M	7.13%	29.00%	$0.3000	$1.48	87%	0
MTB	M&T BANK CORP	$21.01B	4.03%	29.30%	$1.3000	$5.10	65%	0		2023-09-29
MNSB	MAINSTREET BANCSHARES INC	$167.50M	1.80%	10.60%	$0.1000	$0.40	32%	0
CCBG	CAPITAL CITY BANK GROUP INC	$496.16M	2.50%	22.60%	$0.2000	$0.73	44%	0		2023-09-25
OCFC	OCEANFIRST FINANCIAL CORP	$881.22M	5.39%	32.80%	$0.2000	$0.80	78%	0
VLY	VALLEY NATIONAL BANCORP	$4.43B	5.04%	35.50%	$0.1100	$0.44	75%	1		2023-10-02
INDB	INDEPENDENT BANK CORP	$2.18B	4.37%	35.80%	$0.5500	$2.16	68%	0
WSFS	WSFS FINANCIAL CORP	$2.22B	1.65%	12.90%	$0.1500	$0.60	29%	0
MCBC	MACATAWA BANK CORP	$312.74M	3.51%	24.80%	$0.0800	$0.32	59%	0
OPBK	OP BANCORP	$141.16M	5.14%	30.80%	$0.1200	$0.48	76%	0
USB	US BANCORP	$52.75B	5.58%	53.30%	$0.4800	$1.92	79%	0	2023-09-28	2023-10-16
FCNCA	FIRST CITIZENS BANCSHARES INC	$20.00B	0.22%	0.40%	$0.7500	$3.00	2%	0
BFST	BUSINESS FIRST BANCSHARES INC	$466.08M	2.61%	18.60%	$0.1200	$0.48	46%	0
TCBK	TRICO BANCSHARES	$1.06B	3.76%	29.70%	$0.3000	$1.20	61%	0		2023-09-22
FFBC	FIRST FINANCIAL BANCORP	$1.86B	4.69%	33.00%	$0.2300	$0.92	72%	0
HDB	HDFC BANK LTD	$109.92B	2.36%	21.50%	$0.6968	$1.39	42%	1
CCNE	CNB FINANCIAL CORP	$377.08M	3.90%	24.10%	$0.1750	$0.70	63%	0
CATY	CATHAY GENERAL BANCORP	$2.59B	3.81%	25.80%	$0.3400	$1.36	62%	0
TBBK	BANCORP INC	$1.88B	N/A	0.00%	N/A	N/A	N/A	N/A
MPB	MID PENN BANCORP INC	$339.42M	3.91%	27.00%	$0.2000	$0.80	64%	7
CNOB	CONNECTONE BANCORP INC	$694.27M	4.51%	24.40%	$0.1700	$0.81	70%	0
PKBK	PARKE BANCORP INC	$198.67M	3.25%	21.40%	$0.1800	$0.54	55%	0
ISTR	INVESTAR HOLDING CORP	$116.11M	3.26%	14.30%	$0.1000	$0.39	55%	0
ITCL	BANCO ITAU CHILE	$3.28B	14.64%	43,522.90%	$0.2478	$0.49	98%	1
FULT	FULTON FINANCIAL CORP	$2.04B	5.38%	38.50%	$0.1600	$0.67	77%	9	2023-09-29	2023-10-13
FCAP	FIRST CAPITAL INC	$92.68M	3.87%	26.80%	$0.2700	$1.07	63%	0		2023-09-29
ABCB	AMERIS BANCORP	$2.64B	1.57%	13.90%	$0.1500	$0.60	28%	0	2023-09-28	2023-10-09
CZWI	CITIZENS COMMUNITY BANCORP INC	$103.65M	2.93%	19.50%	$0.2900	$0.29	50%	0
BBD	BANK BRADESCO	$32.46B	6.41%	51.70%	$0.0039	$0.20	84%	33	2023-10-03	2023-10-10
EBTC	ENTERPRISE BANCORP INC	$334.47M	3.28%	23.60%	$0.2300	$0.90	55%	0
SMBC	SOUTHERN MISSOURI BANCORP INC	$447.56M	2.13%	21.80%	$0.2100	$0.84	38%	0
TRST	TRUSTCO BANK CORP N Y	$514.61M	5.32%	36.70%	$0.3600	$1.44	77%	0		2023-10-02
BFIN	BANKFINANCIAL CORP	$110.63M	5.69%	44.40%	$0.1000	$0.50	79%	0
VBTX	VERITEX HOLDINGS INC	$974.79M	5.57%	34.80%	$0.2000	$1.00	78%	0
PEBO	PEOPLES BANCORP INC	$905.13M	6.02%	44.00%	$0.3900	$1.54	81%	0
FBK	FB FINANCIAL CORP	$1.32B	2.06%	18.50%	$0.1500	$0.58	37%	0
FUNC	FIRST UNITED CORP	$109.13M	4.49%	21.40%	$0.2000	$0.73	70%	0
THFF	FIRST FINANCIAL CORP	$408.01M	3.76%	23.10%	$0.5400	$1.28	61%	3
WAFD	WASHINGTON FEDERAL INC	$1.68B	3.81%	24.10%	$0.2500	$0.99	62%	2
PBHC	PATHFINDER BANCORP INC	$81.65M	2.68%	19.50%	$0.0900	$0.36	47%	0
BWFG	BANKWELL FINANCIAL GROUP INC	$195.79M	4.00%	17.40%	$0.2000	$1.00	65%	0
CBFV	CB FINANCIAL SERVICES INC	$109.22M	4.64%	33.40%	$0.2500	$0.99	71%	0
PPBI	PACIFIC PREMIER BANCORP INC	$2.12B	5.97%	47.10%	$0.3300	$1.32	81%	0
ITUB	ITAU UNIBANCO HOLDING SA	$55.10B	4.23%	39.90%	$0.0036	$0.24	67%	38	2023-10-02	2023-10-12
PEBK	PEOPLES BANCORP OF NORTH CAROLINA INC	$123.72M	4.07%	28.00%	$0.1900	$0.90	66%	3
CASH	PATHWARD FINANCIAL INC	$1.23B	0.43%	3.60%	$0.0500	$0.20	5%	0		2023-10-02
FNCB	FNCB BANCORP INC	$122.23M	5.83%	44.40%	$0.0900	$0.36	80%	0
ESQ	ESQUIRE FINANCIAL HOLDINGS INC	$372.81M	0.99%	8.40%	$0.1250	$0.45	16%	0
CCB	COASTAL FINANCIAL CORP	$581.82M	N/A	0.00%	N/A	N/A	N/A	N/A
FHB	FIRST HAWAIIAN INC	$2.35B	5.66%	47.90%	$0.2600	$1.04	79%	0
FBP	FIRST BANCORP	$2.39B	4.03%	32.90%	$0.1400	$0.54	65%	0
HOMB	HOME BANCSHARES INC	$4.34B	3.29%	32.20%	$0.1800	$0.71	55%	0
UCBI	UNITED COMMUNITY BANKS INC	$3.05B	3.55%	35.60%	$0.2300	$0.91	59%	0		2023-10-05
BANF	BANCFIRST CORP	$2.82B	1.87%	23.40%	$0.4000	$1.60	33%	0	2023-09-28	2023-10-16
CIVB	CIVISTA BANCSHARES INC	$256.55M	3.63%	19.90%	$0.1600	$0.59	60%	0
QCRH	QCR HOLDINGS INC	$810.20M	0.50%	3.50%	$0.0600	$0.24	6%	0		2023-10-04
CBAN	COLONY BANKCORP INC	$172.42M	4.46%	27.10%	$0.1100	$0.44	70%	0
EBMT	EAGLE BANCORP MONTANA INC	$95.14M	4.64%	35.50%	$0.1400	$0.55	71%	0
CFBK	CF BANKSHARES INC	$108.66M	1.33%	8.00%	$0.0600	$0.22	23%	0
CIB	BANCOLOMBIA SA	$6.76B	10.60%	47.90%	$0.8520	$2.98	94%	6	2023-09-28	2023-10-12
HBCP	HOME BANCORP INC	$266.60M	3.04%	23.30%	$0.2500	$0.99	52%	0
IBCP	INDEPENDENT BANK CORP	$380.56M	5.01%	23.90%	$0.2300	$0.91	75%	0
FNWB	FIRST NORTHWEST BANCORP	$122.90M	2.19%	16.20%	$0.0700	$0.28	39%	0
HBNC	HORIZON BANCORP INC	$463.59M	6.09%	34.00%	$0.1600	$0.64	82%	0
PROV	PROVIDENT FINANCIAL HOLDINGS INC	$89.77M	4.37%	46.70%	$0.1400	$0.56	68%	0
HFWA	HERITAGE FINANCIAL CORP	$575.48M	5.30%	37.80%	$0.2200	$0.87	77%	6
UVSP	UNIVEST FINANCIAL CORP	$505.73M	4.90%	29.90%	$0.2100	$0.84	74%	0
TSBK	TIMBERLAND BANCORP INC	$222.70M	3.67%	29.90%	$0.2300	$1.01	60%	9

Bank Stocks FAQ

What are the best bank stocks to buy right now in Sep 2023?

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

1. Heritage Commerce (NASDAQ:HTBK)

Heritage Commerce (NASDAQ:HTBK) is the top bank stock with a Zen Score of 56, which is 22 points higher than the bank industry average of 34. It passed 19 out of 38 due diligence checks and has strong fundamentals. Heritage Commerce has seen its stock lose -27.69% over the past year, underperforming other bank stocks by -12 percentage points.

Heritage Commerce has an average 1 year price target of $10.25, an upside of 21.16% from Heritage Commerce's current stock price of $8.46.

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

2. Seacoast Banking Of Florida (NASDAQ:SBCF)

Seacoast Banking Of Florida (NASDAQ:SBCF) is the second best bank stock with a Zen Score of 55, which is 21 points higher than the bank industry average of 34. It passed 20 out of 38 due diligence checks and has strong fundamentals. Seacoast Banking Of Florida has seen its stock lose -32.67% over the past year, underperforming other bank stocks by -17 percentage points.

Seacoast Banking Of Florida has an average 1 year price target of $26.00, an upside of 17.49% from Seacoast Banking Of Florida's current stock price of $22.13.

Seacoast Banking Of Florida stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Seacoast Banking Of Florida, 20% have issued a Strong Buy rating, 20% have issued a Buy, 60% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Sandy Spring Bancorp (NASDAQ:SASR)

Sandy Spring Bancorp (NASDAQ:SASR) is the third best bank stock with a Zen Score of 55, which is 21 points higher than the bank industry average of 34. It passed 19 out of 38 due diligence checks and has strong fundamentals. Sandy Spring Bancorp has seen its stock lose -46.06% over the past year, underperforming other bank stocks by -31 percentage points.

Sandy Spring Bancorp has an average 1 year price target of $27.00, an upside of 25.52% from Sandy Spring Bancorp's current stock price of $21.51.

Sandy Spring Bancorp stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Sandy Spring Bancorp, 20% have issued a Strong Buy rating, 0% have issued a Buy, 80% 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 296 bank stocks that have issued dividends in the past year, the 3 bank stocks with the highest dividend yields are:

1. Provident Bancorp (NASDAQ:PVBC)

Provident Bancorp (NASDAQ:PVBC) has an annual dividend yield of N/A, which is N/A percentage points lower than the bank industry average of 4.1%.

Provident Bancorp's dividend payout ratio of -2.4% indicates that its dividend yield might not be sustainable for the long-term.

2. Banco Itau Chile (NYSE:ITCL)

Banco Itau Chile (NYSE:ITCL) has an annual dividend yield of 14.64%, which is 11 percentage points higher than the bank industry average of 4.1%. Banco Itau Chile's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Banco Itau Chile's dividend has shown consistent growth over the last 10 years.

Banco Itau Chile's dividend payout ratio of 43,522.9% indicates that its high dividend yield might not be sustainable for the long-term.

3. Capitol Federal Financial (NASDAQ:CFFN)

Capitol Federal Financial (NASDAQ:CFFN) has an annual dividend yield of 12.42%, which is 8 percentage points higher than the bank industry average of 4.1%. Capitol Federal Financial's dividend payout is not stable, having dropped more than 10% eighteen times in the last 10 years. Capitol Federal Financial's dividend has shown consistent growth over the last 10 years.

Capitol Federal Financial's dividend payout ratio of 144.2% indicates that its high dividend yield might not be sustainable for the long-term.

Why are bank stocks down?

Bank stocks were down -0.16% in the last day, and down -0.95% over the last week. Eastern Bankshares was the among the top losers in the banks - regional industry, dropping -5.88% yesterday.

Eastern Bankshares shares are trading lower after the company announced an agreement to sell the insurance operations of Eastern Insurance Group and entered into a definitive agreement to merge with Cambridge Bancorp.

What are the most undervalued bank stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued bank stocks right now are:

1. Bcb Bancorp (NASDAQ:BCBP)

Bcb Bancorp (NASDAQ:BCBP) is the most undervalued bank stock based on WallStreetZen's Valuation Score. Bcb Bancorp has a valuation score of 86, which is 38 points higher than the bank industry average of 48. It passed 6 out of 7 valuation due diligence checks.

Bcb Bancorp's stock has dropped -37.12% in the past year. It has underperformed other stocks in the bank industry by -22 percentage points.

2. Business First Bancshares (NASDAQ:BFST)

Business First Bancshares (NASDAQ:BFST) is the second most undervalued bank stock based on WallStreetZen's Valuation Score. Business First Bancshares has a valuation score of 86, which is 38 points higher than the bank industry average of 48. It passed 6 out of 7 valuation due diligence checks.

Business First Bancshares's stock has dropped -19.59% in the past year. It has underperformed other stocks in the bank industry by -4 percentage points.

3. Bankwell Financial Group (NASDAQ:BWFG)

Bankwell Financial Group (NASDAQ:BWFG) is the third most undervalued bank stock based on WallStreetZen's Valuation Score. Bankwell Financial Group has a valuation score of 86, which is 38 points higher than the bank industry average of 48. It passed 6 out of 7 valuation due diligence checks.

Bankwell Financial Group's stock has dropped -19.25% in the past year. It has underperformed other stocks in the bank industry by -4 percentage points.

Are bank stocks a good buy now?

40.27% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 22.07% 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 0.5x.

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.