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
SI	SILVERGATE CAPITAL CORP	$607.21M	N/A	0.00%	N/A	N/A	N/A	N/A
MSBI	MIDLAND STATES BANCORP INC	$579.65M	5.54%	29.10%	$0.2900	$1.45	83%	0
FUNC	FIRST UNITED CORP	$128.00M	3.28%	15.50%	$0.1800	$0.63	62%	0
BPOP	POPULAR INC	$5.09B	3.14%	15.30%	$0.5500	$2.20	60%	0
PEBO	PEOPLES BANCORP INC	$856.06M	5.02%	38.50%	$0.3800	$1.52	80%	0		2023-02-21
CIB	BANCOLOMBIA SA	$6.99B	10.48%	22.60%	$0.6545	$3.05	94%	6
MCB	METROPOLITAN BANK HOLDING CORP	$642.67M	N/A	0.00%	N/A	N/A	N/A	N/A
PBHC	PATHFINDER BANCORP INC	$114.02M	1.89%	15.50%	$0.0900	$0.36	37%	0		2023-02-10
PKBK	PARKE BANCORP INC	$249.30M	3.25%	19.00%	$0.1800	$0.68	62%	0
BWFG	BANKWELL FINANCIAL GROUP INC	$233.74M	3.30%	16.30%	$0.2000	$1.00	63%	0
CCNE	CNB FINANCIAL CORP	$518.08M	2.85%	20.60%	$0.1750	$0.70	55%	0
ISTR	INVESTAR HOLDING CORP	$203.95M	1.77%	10.60%	$0.0950	$0.37	34%	0
CZWI	CITIZENS COMMUNITY BANCORP INC	$133.14M	4.33%	14.40%	$0.2900	$0.55	75%	0		2023-02-17
MCBS	METROCITY BANKSHARES INC	$514.53M	3.10%	22.00%	$0.1800	$0.63	59%	1		2023-02-10
EFSC	ENTERPRISE FINANCIAL SERVICES CORP	$2.05B	1.63%	16.80%	$0.2400	$0.90	30%	0
SIVB	SVB FINANCIAL GROUP	$18.68B	N/A	0.00%	N/A	N/A	N/A	N/A
MTB	M&T BANK CORP	$27.23B	3.04%	45.20%	$1.2000	$4.80	58%	0
DCOM	DIME COMMUNITY BANCSHARES INC	$1.20B	3.08%	26.90%	$0.2400	$0.96	59%	0
ESSA	ESSA BANCORP INC	$213.87M	2.77%	26.20%	$0.1500	$0.57	53%	0
CNOB	CONNECTONE BANCORP INC	$958.71M	3.07%	18.80%	$0.1550	$0.75	59%	0
FMNB	FARMERS NATIONAL BANC CORP	$488.42M	4.53%	40.00%	$0.1700	$0.65	77%	0
CFB	CROSSFIRST BANKSHARES INC	$693.29M	N/A	0.00%	N/A	N/A	N/A	N/A
HWC	HANCOCK WHITNEY CORP	$4.59B	2.02%	18.30%	$0.2700	$1.08	39%	0
LSBK	LAKE SHORE BANCORP INC	$72.50M	5.35%	63.00%	$0.1800	$0.68	82%	0
PFIS	PEOPLES FINANCIAL SERVICES CORP	$377.70M	3.00%	24.70%	$0.4000	$1.58	57%	0
FUSB	FIRST US BANCSHARES INC	$56.73M	1.43%	11.70%	$0.0500	$0.14	26%	0
FGBI	FIRST GUARANTY BANCSHARES INC	$234.16M	2.93%	23.30%	$0.1600	$0.64	56%	1
PFC	PREMIER FINANCIAL CORP	$892.36M	5.98%	41.50%	$0.3000	$1.50	85%	0
FNLC	FIRST BANCORP INC	$333.47M	4.44%	36.80%	$0.3400	$1.34	76%	1
MVBF	MVB FINANCIAL CORP	$305.41M	2.81%	43.10%	$0.1700	$0.68	53%	1
OPBK	OP BANCORP	$179.21M	3.73%	19.60%	$0.1200	$0.44	68%	0
EBC	EASTERN BANKSHARES INC	$2.85B	2.48%	33.00%	$0.1000	$0.40	48%	0
WBS	WEBSTER FINANCIAL CORP	$9.59B	2.90%	59.30%	$0.4000	$1.60	56%	0		2023-02-17
CSTR	CAPSTAR FINANCIAL HOLDINGS INC	$390.96M	2.02%	19.40%	$0.1000	$0.36	39%	0
INDB	INDEPENDENT BANK CORP	$3.72B	2.55%	51.90%	$0.5500	$2.08	49%	0
HTBK	HERITAGE COMMERCE CORP	$755.95M	4.18%	53.10%	$0.1300	$0.52	74%	0
CFBK	CF BANKSHARES INC	$134.26M	0.92%	6.40%	$0.0500	$0.19	14%	0
BCBP	BCB BANCORP INC	$298.30M	3.62%	25.10%	$0.1600	$0.64	67%	0		2023-02-17
CBFV	CB FINANCIAL SERVICES INC	$111.82M	4.37%	35.80%	$0.2400	$0.96	76%	0
SMMF	SUMMIT FINANCIAL GROUP INC	$339.83M	2.86%	19.00%	$0.2000	$0.76	55%	0
LBC	LUTHER BURBANK CORP	$603.19M	3.05%	27.40%	$0.1200	$0.36	58%	0
HOPE	HOPE BANCORP INC	$1.61B	4.15%	30.80%	$0.1400	$0.56	73%	0		2023-02-16
TBBK	BANCORP INC	$2.00B	N/A	0.00%	N/A	N/A	N/A	N/A
FISI	FINANCIAL INSTITUTIONS INC	$382.92M	4.65%	28.30%	$0.2900	$1.16	78%	0
HAFC	HANMI FINANCIAL CORP	$722.83M	4.09%	27.00%	$0.2500	$0.97	73%	2		2023-02-23
HBAN	HUNTINGTON BANCSHARES INC	$22.16B	4.04%	47.70%	$0.1550	$0.62	72%	0	2023-03-17	2023-04-03
VLY	VALLEY NATIONAL BANCORP	$6.28B	3.55%	41.10%	$0.1100	$0.44	66%	1
NWFL	NORWOOD FINANCIAL CORP	$279.09M	3.29%	31.70%	$0.2900	$1.13	62%	0
SMBC	SOUTHERN MISSOURI BANCORP INC	$449.46M	1.68%	16.80%	$0.2100	$0.82	31%	0
BWB	BRIDGEWATER BANCSHARES INC	$426.56M	N/A	0.00%	N/A	N/A	N/A	N/A
NKSH	NATIONAL BANKSHARES INC	$240.41M	6.19%	40.30%	$1.0000	$2.50	85%	0
CATY	CATHAY GENERAL BANCORP	$3.33B	3.04%	30.10%	$0.3400	$1.36	58%	0
WAFD	WASHINGTON FEDERAL INC	$2.33B	2.02%	18.80%	$0.2400	$0.72	39%	2
OPHC	OPTIMUMBANK HOLDINGS INC	$27.75M	N/A	0.00%	N/A	N/A	N/A	N/A
BAP	CREDICORP LTD	$12.79B	2.85%	42.10%	$3.8550	$3.86	54%	5
FDBC	FIDELITY D & D BANCORP INC	$276.53M	2.75%	24.30%	$0.3600	$1.35	52%	5
FFWM	FIRST FOUNDATION INC	$902.20M	3.44%	20.40%	$0.1100	$0.55	64%	0		2023-02-16
SPFI	SOUTH PLAINS FINANCIAL INC	$476.85M	1.71%	13.40%	$0.1300	$0.48	32%	0		2023-02-13
MOFG	MIDWESTONE FINANCIAL GROUP INC	$497.14M	2.99%	24.80%	$0.2375	$0.95	57%	0
UBFO	UNITED SECURITY BANCSHARES	$141.85M	5.29%	55.70%	$0.1100	$0.44	82%	0
FITB	FIFTH THIRD BANCORP	$25.56B	3.38%	37.60%	$0.3300	$1.26	63%	0
PLBC	PLUMAS BANCORP	$255.89M	1.67%	15.50%	$0.2500	$0.73	31%	1		2023-02-15
UNTY	UNITY BANCORP INC	$285.88M	1.59%	11.50%	$0.1100	$0.43	29%	0
ASRV	AMERISERV FINANCIAL INC	$68.46M	3.00%	24.00%	$0.0300	$0.12	57%	0		2023-02-21
BBD	BANK BRADESCO	$25.77B	7.28%	35.50%	$0.0037	$0.19	88%	33		2023-02-08
TCFC	COMMUNITY FINANCIAL CORP	$231.25M	1.71%	14.50%	$0.1750	$0.70	32%	0
HBNC	HORIZON BANCORP INC	$709.11M	3.90%	28.80%	$0.1600	$0.63	70%	0
WTBA	WEST BANCORPORATION INC	$373.74M	4.45%	33.20%	$0.2500	$1.00	76%	0
ALRS	ALERUS FINANCIAL CORP	$405.34M	3.45%	29.30%	$0.1800	$0.70	64%	0
WABC	WESTAMERICA BANCORPORATION	$1.52B	2.97%	43.30%	$0.4200	$1.68	57%	0		2023-02-17
BFIN	BANKFINANCIAL CORP	$134.65M	4.80%	55.60%	$0.1000	$0.50	79%	0
CBNK	CAPITAL BANCORP INC	$308.71M	1.05%	8.80%	$0.0600	$0.23	17%	0		2023-02-22
VABK	VIRGINIA NATIONAL BANKSHARES CORP	$207.50M	3.08%	28.80%	$0.3000	$1.20	59%	0
RBB	RBB BANCORP	$388.61M	2.83%	17.20%	$0.1600	$0.58	54%	1		2023-02-10
ABCB	AMERIS BANCORP	$3.39B	1.23%	12.00%	$0.1500	$0.60	21%	0
FBIZ	FIRST BUSINESS FINANCIAL SERVICES INC	$306.81M	2.25%	16.90%	$0.2275	$0.82	44%	0		2023-02-16
FBP	FIRST BANCORP	$2.60B	3.26%	28.40%	$0.1200	$0.46	62%	0
BOTJ	BANK OF THE JAMES FINANCIAL GROUP INC	$58.55M	2.29%	15.00%	$0.0800	$0.29	44%	1
ESQ	ESQUIRE FINANCIAL HOLDINGS INC	$358.24M	0.64%	5.20%	$0.1000	$0.28	8%	0
RF	REGIONS FINANCIAL CORP	$22.14B	3.12%	35.00%	$0.2000	$0.74	60%	0
SBCF	SEACOAST BANKING CORP OF FLORIDA	$2.03B	1.94%	30.30%	$0.1700	$0.64	37%	0
BCH	BANK OF CHILE	$10.98B	6.12%	54.50%	$1.3307	$1.33	85%	4
UMBF	UMB FINANCIAL CORP	$4.42B	1.63%	17.50%	$0.3800	$1.49	30%	0
CMA	COMERICA INC	$9.86B	3.61%	35.50%	$0.6800	$2.72	67%	0
HDB	HDFC BANK LTD	$123.56B	1.78%	23.20%	$0.5805	$1.19	34%	1
FBMS	FIRST BANCSHARES INC	$766.25M	2.32%	25.20%	$0.2000	$0.74	45%	0
FMAO	FARMERS & MERCHANTS BANCORP INC	$394.05M	2.81%	31.30%	$0.2100	$0.81	53%	0
FXNC	FIRST NATIONAL CORP	$109.53M	3.20%	24.00%	$0.1400	$0.56	61%	0
ITCB	CORPBANCA	$3.09B	5.19%	30,945.80%	$0.1646	$0.16	81%	1
FFIC	FLUSHING FINANCIAL CORP	$601.77M	4.36%	32.00%	$0.2200	$0.88	75%	0
FNCB	FNCB BANCORP INC	$160.01M	4.06%	31.80%	$0.0900	$0.33	73%	0
RBCAA	REPUBLIC BANCORP INC	$910.72M	2.96%	30.00%	$0.3410	$1.36	56%	0
IBCP	INDEPENDENT BANK CORP	$482.60M	2.88%	30.60%	$0.2200	$0.66	55%	0
HMST	HOMESTREET INC	$540.52M	4.85%	28.80%	$0.3500	$1.40	79%	0	2023-02-07	2023-02-22
CFR	CULLEN/FROST BANKERS INC	$8.45B	2.47%	36.70%	$0.8700	$3.24	48%	0
INBK	FIRST INTERNET BANCORP	$253.55M	0.87%	5.60%	$0.0600	$0.24	13%	0
FVCB	FVCBANKCORP INC	$248.70M	N/A	0.00%	N/A	N/A	N/A	N/A
MYFW	FIRST WESTERN FINANCIAL INC	$256.28M	N/A	0.00%	N/A	N/A	N/A	N/A
FHB	FIRST HAWAIIAN INC	$3.51B	3.78%	54.70%	$0.2600	$1.04	69%	0
RBKB	RHINEBECK BANCORP INC	$105.62M	N/A	0.00%	N/A	N/A	N/A	N/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.