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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
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
SI
SILVERGATE CAPITAL CORP
$607.21MN/A0.00%N/AN/AN/AN/A
MSBI
MIDLAND STATES BANCORP INC
$579.65M5.54%29.10%$0.2900$1.4583%0
FUNC
FIRST UNITED CORP
$128.00M3.28%15.50%$0.1800$0.6362%0
BPOP
POPULAR INC
$5.09B3.14%15.30%$0.5500$2.2060%0
PEBO
PEOPLES BANCORP INC
$856.06M5.02%38.50%$0.3800$1.5280%02023-02-21
CIB
BANCOLOMBIA SA
$6.99B10.48%22.60%$0.6545$3.0594%6
MCB
METROPOLITAN BANK HOLDING CORP
$642.67MN/A0.00%N/AN/AN/AN/A
PBHC
PATHFINDER BANCORP INC
$114.02M1.89%15.50%$0.0900$0.3637%02023-02-10
PKBK
PARKE BANCORP INC
$249.30M3.25%19.00%$0.1800$0.6862%0
BWFG
BANKWELL FINANCIAL GROUP INC
$233.74M3.30%16.30%$0.2000$1.0063%0
CCNE
CNB FINANCIAL CORP
$518.08M2.85%20.60%$0.1750$0.7055%0
ISTR
INVESTAR HOLDING CORP
$203.95M1.77%10.60%$0.0950$0.3734%0
CZWI
CITIZENS COMMUNITY BANCORP INC
$133.14M4.33%14.40%$0.2900$0.5575%02023-02-17
MCBS
METROCITY BANKSHARES INC
$514.53M3.10%22.00%$0.1800$0.6359%12023-02-10
EFSC
ENTERPRISE FINANCIAL SERVICES CORP
$2.05B1.63%16.80%$0.2400$0.9030%0
SIVB
SVB FINANCIAL GROUP
$18.68BN/A0.00%N/AN/AN/AN/A
MTB
M&T BANK CORP
$27.23B3.04%45.20%$1.2000$4.8058%0
DCOM
DIME COMMUNITY BANCSHARES INC
$1.20B3.08%26.90%$0.2400$0.9659%0
ESSA
ESSA BANCORP INC
$213.87M2.77%26.20%$0.1500$0.5753%0
CNOB
CONNECTONE BANCORP INC
$958.71M3.07%18.80%$0.1550$0.7559%0
FMNB
FARMERS NATIONAL BANC CORP
$488.42M4.53%40.00%$0.1700$0.6577%0
CFB
CROSSFIRST BANKSHARES INC
$693.29MN/A0.00%N/AN/AN/AN/A
HWC
HANCOCK WHITNEY CORP
$4.59B2.02%18.30%$0.2700$1.0839%0
LSBK
LAKE SHORE BANCORP INC
$72.50M5.35%63.00%$0.1800$0.6882%0
PFIS
PEOPLES FINANCIAL SERVICES CORP
$377.70M3.00%24.70%$0.4000$1.5857%0
FUSB
FIRST US BANCSHARES INC
$56.73M1.43%11.70%$0.0500$0.1426%0
FGBI
FIRST GUARANTY BANCSHARES INC
$234.16M2.93%23.30%$0.1600$0.6456%1
PFC
PREMIER FINANCIAL CORP
$892.36M5.98%41.50%$0.3000$1.5085%0
FNLC
FIRST BANCORP INC
$333.47M4.44%36.80%$0.3400$1.3476%1
MVBF
MVB FINANCIAL CORP
$305.41M2.81%43.10%$0.1700$0.6853%1
OPBK
OP BANCORP
$179.21M3.73%19.60%$0.1200$0.4468%0
EBC
EASTERN BANKSHARES INC
$2.85B2.48%33.00%$0.1000$0.4048%0
WBS
WEBSTER FINANCIAL CORP
$9.59B2.90%59.30%$0.4000$1.6056%02023-02-17
CSTR
CAPSTAR FINANCIAL HOLDINGS INC
$390.96M2.02%19.40%$0.1000$0.3639%0
INDB
INDEPENDENT BANK CORP
$3.72B2.55%51.90%$0.5500$2.0849%0
HTBK
HERITAGE COMMERCE CORP
$755.95M4.18%53.10%$0.1300$0.5274%0
CFBK
CF BANKSHARES INC
$134.26M0.92%6.40%$0.0500$0.1914%0
BCBP
BCB BANCORP INC
$298.30M3.62%25.10%$0.1600$0.6467%02023-02-17
CBFV
CB FINANCIAL SERVICES INC
$111.82M4.37%35.80%$0.2400$0.9676%0
SMMF
SUMMIT FINANCIAL GROUP INC
$339.83M2.86%19.00%$0.2000$0.7655%0
LBC
LUTHER BURBANK CORP
$603.19M3.05%27.40%$0.1200$0.3658%0
HOPE
HOPE BANCORP INC
$1.61B4.15%30.80%$0.1400$0.5673%02023-02-16
TBBK
BANCORP INC
$2.00BN/A0.00%N/AN/AN/AN/A
FISI
FINANCIAL INSTITUTIONS INC
$382.92M4.65%28.30%$0.2900$1.1678%0
HAFC
HANMI FINANCIAL CORP
$722.83M4.09%27.00%$0.2500$0.9773%22023-02-23
HBAN
HUNTINGTON BANCSHARES INC
$22.16B4.04%47.70%$0.1550$0.6272%02023-03-172023-04-03
VLY
VALLEY NATIONAL BANCORP
$6.28B3.55%41.10%$0.1100$0.4466%1
NWFL
NORWOOD FINANCIAL CORP
$279.09M3.29%31.70%$0.2900$1.1362%0
SMBC
SOUTHERN MISSOURI BANCORP INC
$449.46M1.68%16.80%$0.2100$0.8231%0
BWB
BRIDGEWATER BANCSHARES INC
$426.56MN/A0.00%N/AN/AN/AN/A
NKSH
NATIONAL BANKSHARES INC
$240.41M6.19%40.30%$1.0000$2.5085%0
CATY
CATHAY GENERAL BANCORP
$3.33B3.04%30.10%$0.3400$1.3658%0
WAFD
WASHINGTON FEDERAL INC
$2.33B2.02%18.80%$0.2400$0.7239%2
OPHC
OPTIMUMBANK HOLDINGS INC
$27.75MN/A0.00%N/AN/AN/AN/A
BAP
CREDICORP LTD
$12.79B2.85%42.10%$3.8550$3.8654%5
FDBC
FIDELITY D & D BANCORP INC
$276.53M2.75%24.30%$0.3600$1.3552%5
FFWM
FIRST FOUNDATION INC
$902.20M3.44%20.40%$0.1100$0.5564%02023-02-16
SPFI
SOUTH PLAINS FINANCIAL INC
$476.85M1.71%13.40%$0.1300$0.4832%02023-02-13
MOFG
MIDWESTONE FINANCIAL GROUP INC
$497.14M2.99%24.80%$0.2375$0.9557%0
UBFO
UNITED SECURITY BANCSHARES
$141.85M5.29%55.70%$0.1100$0.4482%0
FITB
FIFTH THIRD BANCORP
$25.56B3.38%37.60%$0.3300$1.2663%0
PLBC
PLUMAS BANCORP
$255.89M1.67%15.50%$0.2500$0.7331%12023-02-15
UNTY
UNITY BANCORP INC
$285.88M1.59%11.50%$0.1100$0.4329%0
ASRV
AMERISERV FINANCIAL INC
$68.46M3.00%24.00%$0.0300$0.1257%02023-02-21
BBD
BANK BRADESCO
$25.77B7.28%35.50%$0.0037$0.1988%332023-02-08
TCFC
COMMUNITY FINANCIAL CORP
$231.25M1.71%14.50%$0.1750$0.7032%0
HBNC
HORIZON BANCORP INC
$709.11M3.90%28.80%$0.1600$0.6370%0
WTBA
WEST BANCORPORATION INC
$373.74M4.45%33.20%$0.2500$1.0076%0
ALRS
ALERUS FINANCIAL CORP
$405.34M3.45%29.30%$0.1800$0.7064%0
WABC
WESTAMERICA BANCORPORATION
$1.52B2.97%43.30%$0.4200$1.6857%02023-02-17
BFIN
BANKFINANCIAL CORP
$134.65M4.80%55.60%$0.1000$0.5079%0
CBNK
CAPITAL BANCORP INC
$308.71M1.05%8.80%$0.0600$0.2317%02023-02-22
VABK
VIRGINIA NATIONAL BANKSHARES CORP
$207.50M3.08%28.80%$0.3000$1.2059%0
RBB
RBB BANCORP
$388.61M2.83%17.20%$0.1600$0.5854%12023-02-10
ABCB
AMERIS BANCORP
$3.39B1.23%12.00%$0.1500$0.6021%0
FBIZ
FIRST BUSINESS FINANCIAL SERVICES INC
$306.81M2.25%16.90%$0.2275$0.8244%02023-02-16
FBP
FIRST BANCORP
$2.60B3.26%28.40%$0.1200$0.4662%0
BOTJ
BANK OF THE JAMES FINANCIAL GROUP INC
$58.55M2.29%15.00%$0.0800$0.2944%1
ESQ
ESQUIRE FINANCIAL HOLDINGS INC
$358.24M0.64%5.20%$0.1000$0.288%0
RF
REGIONS FINANCIAL CORP
$22.14B3.12%35.00%$0.2000$0.7460%0
SBCF
SEACOAST BANKING CORP OF FLORIDA
$2.03B1.94%30.30%$0.1700$0.6437%0
BCH
BANK OF CHILE
$10.98B6.12%54.50%$1.3307$1.3385%4
UMBF
UMB FINANCIAL CORP
$4.42B1.63%17.50%$0.3800$1.4930%0
CMA
COMERICA INC
$9.86B3.61%35.50%$0.6800$2.7267%0
HDB
HDFC BANK LTD
$123.56B1.78%23.20%$0.5805$1.1934%1
FBMS
FIRST BANCSHARES INC
$766.25M2.32%25.20%$0.2000$0.7445%0
FMAO
FARMERS & MERCHANTS BANCORP INC
$394.05M2.81%31.30%$0.2100$0.8153%0
FXNC
FIRST NATIONAL CORP
$109.53M3.20%24.00%$0.1400$0.5661%0
ITCB
CORPBANCA
$3.09B5.19%30,945.80%$0.1646$0.1681%1
FFIC
FLUSHING FINANCIAL CORP
$601.77M4.36%32.00%$0.2200$0.8875%0
FNCB
FNCB BANCORP INC
$160.01M4.06%31.80%$0.0900$0.3373%0
RBCAA
REPUBLIC BANCORP INC
$910.72M2.96%30.00%$0.3410$1.3656%0
IBCP
INDEPENDENT BANK CORP
$482.60M2.88%30.60%$0.2200$0.6655%0
HMST
HOMESTREET INC
$540.52M4.85%28.80%$0.3500$1.4079%02023-02-072023-02-22
CFR
CULLEN/FROST BANKERS INC
$8.45B2.47%36.70%$0.8700$3.2448%0
INBK
FIRST INTERNET BANCORP
$253.55M0.87%5.60%$0.0600$0.2413%0
FVCB
FVCBANKCORP INC
$248.70MN/A0.00%N/AN/AN/AN/A
MYFW
FIRST WESTERN FINANCIAL INC
$256.28MN/A0.00%N/AN/AN/AN/A
FHB
FIRST HAWAIIAN INC
$3.51B3.78%54.70%$0.2600$1.0469%0
RBKB
RHINEBECK BANCORP INC
$105.62MN/A0.00%N/AN/AN/AN/A

Bank Stocks FAQ

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

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

1. Silvergate Capital (NYSE:SI)


Silvergate Capital (NYSE:SI) is the top bank stock with a Zen Score of 62, which is 26 points higher than the bank industry average of 36. It passed 21 out of 33 due diligence checks and has strong fundamentals. Silvergate Capital has seen its stock lose -83.61% over the past year, underperforming other bank stocks by -74 percentage points.

Silvergate Capital has an average 1 year price target of $22.55, an upside of 17.54% from Silvergate Capital's current stock price of $19.18.

Silvergate Capital stock has a consensus Hold recommendation according to Wall Street analysts. Of the 11 analysts covering Silvergate Capital, 18.18% have issued a Strong Buy rating, 0% have issued a Buy, 63.64% have issued a hold, while 9.09% have issued a Sell rating, and 9.09% have issued a Strong Sell.

2. Midland States Bancorp (NASDAQ:MSBI)


Midland States Bancorp (NASDAQ:MSBI) is the second best bank stock with a Zen Score of 57, which is 21 points higher than the bank industry average of 36. It passed 19 out of 38 due diligence checks and has strong fundamentals. Midland States Bancorp has seen its stock lose -12.53% over the past year, underperforming other bank stocks by -3 percentage points.

Midland States Bancorp has an average 1 year price target of $31.00, an upside of 18.46% from Midland States Bancorp's current stock price of $26.17.

Midland States Bancorp stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Midland States Bancorp, 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.

3. First United (NASDAQ:FUNC)


First United (NASDAQ:FUNC) is the third best bank stock with a Zen Score of 57, which is 21 points higher than the bank industry average of 36. It passed 20 out of 38 due diligence checks and has strong fundamentals. First United has seen its stock lose -6.24% over the past year, overperforming other bank stocks by 3 percentage points.

First United has an average 1 year price target of $25.00, an upside of 30.01% from First United's current stock price of $19.23.

First United stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering First United, 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 289 bank stocks that have issued dividends in the past year, the 3 bank stocks with the highest dividend yields are:

1. Cullman Bancorp (NASDAQ:CULL)


Cullman Bancorp (NASDAQ:CULL) has an annual dividend yield of N/A, which is N/A percentage points lower than the bank industry average of 3.01%.

Cullman Bancorp's dividend payout ratio of 22.2% indicates that its dividend yield is sustainable for the long-term.

2. Bancolombia Sa (NYSE:CIB)


Bancolombia Sa (NYSE:CIB) has an annual dividend yield of 10.48%, which is 7 percentage points higher than the bank industry average of 3.01%. 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 22.6% indicates that its high dividend yield is sustainable for the long-term.

3. Capitol Federal Financial (NASDAQ:CFFN)


Capitol Federal Financial (NASDAQ:CFFN) has an annual dividend yield of 9.46%, which is 6 percentage points higher than the bank industry average of 3.01%. 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 132.3% indicates that its high dividend yield might not be sustainable for the long-term.

Why are bank stocks down?

Bank stocks were down -0.71% in the last day, and up 4.12% over the last week.

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

What are the most undervalued bank stocks?

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

1. Affinity Bancshares (NASDAQ:AFBI)


Affinity Bancshares (NASDAQ:AFBI) is the most undervalued bank stock based on WallStreetZen's Valuation Score. Affinity Bancshares has a valuation score of 100, which is 41 points higher than the bank industry average of 59. It passed 7 out of 7 valuation due diligence checks.

Affinity Bancshares's stock has dropped -0.1% in the past year. It has overperformed other stocks in the bank industry by 10 percentage points.

2. Alerus Financial (NASDAQ:ALRS)


Alerus Financial (NASDAQ:ALRS) is the second most undervalued bank stock based on WallStreetZen's Valuation Score. Alerus Financial has a valuation score of 100, which is 41 points higher than the bank industry average of 59. It passed 7 out of 7 valuation due diligence checks.

Alerus Financial's stock has dropped -30.24% in the past year. It has underperformed other stocks in the bank industry by -21 percentage points.

3. Bridgewater Bancshares (NASDAQ:BWB)


Bridgewater Bancshares (NASDAQ:BWB) is the third most undervalued bank stock based on WallStreetZen's Valuation Score. Bridgewater Bancshares has a valuation score of 100, which is 41 points higher than the bank industry average of 59. It passed 7 out of 7 valuation due diligence checks.

Bridgewater Bancshares's stock has dropped -12.46% in the past year. It has underperformed other stocks in the bank industry by -3 percentage points.

Are bank stocks a good buy now?

36.62% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 12.56% 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 19.08x.
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.