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 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
WBS	WEBSTER FINANCIAL CORP	$7.97B	3.45%	32.60%	$0.4000	$1.60	60%	0
ORRF	ORRSTOWN FINANCIAL SERVICES INC	$277.90M	3.08%	23.20%	$0.2000	$0.80	55%	0
CBFV	CB FINANCIAL SERVICES INC	$109.86M	4.68%	22.70%	$0.2500	$1.00	75%	0
SMBC	SOUTHERN MISSOURI BANCORP INC	$472.74M	2.02%	21.50%	$0.2100	$0.84	40%	0
MVBF	MVB FINANCIAL CORP	$259.06M	3.37%	27.60%	$0.1700	$0.68	59%	1
BBD	BANK BRADESCO	$28.10B	8.54%	51.70%	$0.0038	$0.23	90%	31	2024-05-03	2024-05-09
TCBX	THIRD COAST BANCSHARES INC	$260.44M	N/A	0.00%	N/A	N/A	N/A	N/A
SBCF	SEACOAST BANKING CORP OF FLORIDA	$1.93B	3.16%	57.30%	$0.1800	$0.72	56%	0	2024-06-14	2024-06-28
CASH	PATHWARD FINANCIAL INC	$1.28B	0.40%	3.30%	$0.0500	$0.20	5%	0
MTB	M&T BANK CORP	$23.89B	3.63%	32.80%	$1.3000	$5.20	62%	0
FUSB	FIRST US BANCSHARES INC	$55.27M	2.09%	14.10%	$0.0500	$0.20	41%	0
WABC	WESTAMERICA BANCORPORATION	$1.25B	3.72%	28.70%	$0.4400	$1.74	64%	0
FCNCA	FIRST CITIZENS BANCSHARES INC	$22.77B	0.30%	0.50%	$1.6400	$4.78	4%	0
ITUB	ITAU UNIBANCO HOLDING SA	$59.32B	6.97%	39.90%	$0.0036	$0.42	87%	41	2024-05-02	2024-05-09
OVLY	OAK VALLEY BANCORP	$201.52M	1.58%	10.20%	$0.2250	$0.39	31%	0
HDB	HDFC BANK LTD	$109.72B	2.36%	21.50%	$0.6968	$1.39	45%	1
CCBG	CAPITAL CITY BANK GROUP INC	$458.99M	2.92%	25.60%	$0.2100	$0.79	53%	0
CFG	CITIZENS FINANCIAL GROUP INC	$15.59B	4.94%	53.50%	$0.4200	$1.68	77%	0	2024-04-30	2024-05-15
IFS	INTERCORP FINANCIAL SERVICES INC	$2.45B	10.25%	49.00%	$1.0000	$2.18	93%	4		2024-04-29
ESQ	ESQUIRE FINANCIAL HOLDINGS INC	$385.93M	1.13%	9.90%	$0.1500	$0.53	21%	0
PFC	PREMIER FINANCIAL CORP	$715.67M	6.19%	39.90%	$0.3100	$1.24	84%	0
HBAN	HUNTINGTON BANCSHARES INC	$19.23B	4.67%	49.20%	$0.1550	$0.62	75%	0
SPFI	SOUTH PLAINS FINANCIAL INC	$427.25M	2.00%	13.90%	$0.1300	$0.52	39%	0	2024-04-26	2024-05-13
TBBK	BANCORP INC	$1.79B	N/A	0.00%	N/A	N/A	N/A	N/A
MCB	METROPOLITAN BANK HOLDING CORP	$433.18M	N/A	0.00%	N/A	N/A	N/A	N/A
VLY	VALLEY NATIONAL BANCORP	$3.92B	5.71%	46.30%	$0.1100	$0.44	82%	0
BY	BYLINE BANCORP INC	$919.53M	1.74%	13.40%	$0.0900	$0.36	34%	0
MSBI	MIDLAND STATES BANCORP INC	$510.93M	5.09%	40.70%	$0.3100	$1.21	79%	0
OPBK	OP BANCORP	$137.00M	5.24%	31.00%	$0.1200	$0.48	80%	0
CFR	CULLEN/FROST BANKERS INC	$7.16B	3.25%	39.30%	$0.9200	$3.63	57%	0
INTR	INTER & CO INC	$2.09B	N/A	0.00%	N/A	N/A	N/A	N/A
OSBC	OLD SECOND BANCORP INC	$646.48M	1.39%	9.80%	$0.0500	$0.20	27%	0	2024-04-25	2024-05-06
FITB	FIFTH THIRD BANCORP	$24.69B	3.81%	42.10%	$0.3500	$1.38	65%	0
USB	US BANCORP	$63.03B	4.80%	59.00%	$0.4900	$1.94	76%	0
CBAN	COLONY BANKCORP INC	$186.65M	4.16%	35.70%	$0.1125	$0.44	69%	0
SMMF	SUMMIT FINANCIAL GROUP INC	$399.40M	3.16%	22.00%	$0.2200	$0.86	56%	0
ONB	OLD NATIONAL BANCORP	$4.74B	3.46%	28.70%	$0.1400	$0.56	60%	0
VBTX	VERITEX HOLDINGS INC	$1.09B	4.00%	40.00%	$0.2000	$0.80	67%	0
BKU	BANKUNITED INC	$1.99B	4.12%	45.20%	$0.2900	$1.10	69%	0		2024-04-30
RF	REGIONS FINANCIAL CORP	$17.37B	4.87%	41.70%	$0.2400	$0.92	77%	0	2024-06-03	2024-07-01
ASB	ASSOCIATED BANC-CORP	$3.10B	4.18%	74.60%	$0.2200	$0.86	70%	0
SNV	SYNOVUS FINANCIAL CORP	$5.11B	4.35%	43.70%	$0.3800	$1.52	72%	0
FBK	FB FINANCIAL CORP	$1.71B	1.70%	24.10%	$0.1700	$0.62	33%	0
FSBW	FS BANCORP INC	$245.88M	3.21%	21.80%	$0.2600	$1.01	57%	1
INDB	INDEPENDENT BANK CORP	$2.15B	4.39%	40.60%	$0.5700	$2.22	72%	0
CIVB	CIVISTA BANCSHARES INC	$235.62M	4.19%	23.10%	$0.1600	$0.63	70%	0
WSFS	WSFS FINANCIAL CORP	$2.61B	1.39%	13.60%	$0.1500	$0.60	27%	0
UBFO	UNITED SECURITY BANCSHARES	$126.83M	6.53%	40.50%	$0.1200	$0.48	86%	0		2024-04-22
QCRH	QCR HOLDINGS INC	$963.24M	0.42%	3.50%	$0.0600	$0.24	6%	0
ABCB	AMERIS BANCORP	$3.19B	1.30%	15.40%	$0.1500	$0.60	25%	0
KEY	KEYCORP	$13.66B	5.60%	92.10%	$0.2050	$0.82	82%	0
IBOC	INTERNATIONAL BANCSHARES CORP	$3.38B	2.37%	19.50%	$0.6600	$1.29	45%	0
PLBC	PLUMAS BANCORP	$209.13M	2.87%	20.10%	$0.2700	$1.02	52%	1	2024-04-30	2024-05-15
BCAL	SOUTHERN CALIFORNIA BANCORP	$259.51M	N/A	0.00%	N/A	N/A	N/A	N/A
STBA	S&T BANCORP INC	$1.16B	4.27%	34.60%	$0.3300	$1.30	71%	0
FBIZ	FIRST BUSINESS FINANCIAL SERVICES INC	$284.91M	2.72%	21.50%	$0.2500	$0.93	50%	0
PEBO	PEOPLES BANCORP INC	$1.01B	5.48%	45.10%	$0.3900	$1.56	81%	0
AVAL	GRUPO AVAL ACCIONES Y VALORES SA	$2.83B	8.44%	126.10%	$0.0102	$0.20	90%	5	2024-04-30	2024-05-09
CZWI	CITIZENS COMMUNITY BANCORP INC	$114.71M	2.92%	25.60%	$0.3200	$0.32	53%	0
HTBK	HERITAGE COMMERCE CORP	$496.70M	6.40%	49.10%	$0.1300	$0.52	85%	0
EBC	EASTERN BANKSHARES INC	$2.26B	0.78%	21.00%	$0.1000	$0.10	13%	0
STEL	STELLAR BANCORP INC	$1.23B	2.25%	21.20%	$0.1300	$0.52	43%	0
FCAP	FIRST CAPITAL INC	$93.84M	3.86%	28.30%	$0.2700	$1.08	66%	0
CMA	COMERICA INC	$6.83B	5.51%	43.90%	$0.7100	$2.84	81%	0
CFFI	C & F FINANCIAL CORP	$124.72M	4.76%	25.40%	$0.4400	$1.76	76%	0
FFBC	FIRST FINANCIAL BANCORP	$2.08B	4.20%	33.80%	$0.2300	$0.92	70%	0
EFSC	ENTERPRISE FINANCIAL SERVICES CORP	$1.49B	2.52%	19.60%	$0.2500	$1.00	47%	0
EVBN	EVANS BANCORP INC	$144.27M	5.04%	29.40%	$0.6600	$1.32	78%	0
NBHC	NATIONAL BANK HOLDINGS CORP	$1.28B	3.12%	28.30%	$0.2700	$1.06	55%	0
HOMB	HOME BANCSHARES INC	$4.83B	3.00%	37.10%	$0.1800	$0.72	54%	0
BFST	BUSINESS FIRST BANCSHARES INC	$533.75M	2.47%	19.80%	$0.1400	$0.52	47%	0
CCB	COASTAL FINANCIAL CORP	$525.26M	N/A	0.00%	N/A	N/A	N/A	N/A
OFG	OFG BANCORP	$1.64B	2.61%	22.90%	$0.2500	$0.91	49%	1
CFBK	CF BANKSHARES INC	$116.68M	1.30%	9.10%	$0.0600	$0.24	25%	0		2024-04-29
LOB	LIVE OAK BANCSHARES INC	$1.70B	0.32%	7.20%	$0.0300	$0.12	4%	1
LARK	LANDMARK BANCORP INC	$103.91M	4.26%	36.30%	$0.2100	$0.81	71%	0
MCBC	MACATAWA BANK CORP	$485.53M	2.41%	27.00%	$0.0900	$0.34	46%	0
NEWT	NEWTEKONE INC	$269.33M	6.70%	48.10%	$0.1900	$0.73	87%	8
PBFS	PIONEER BANCORP INC	$236.40M	N/A	0.00%	N/A	N/A	N/A	N/A
BOTJ	BANK OF THE JAMES FINANCIAL GROUP INC	$45.07M	3.43%	17.80%	$0.1000	$0.34	59%	1	2024-06-07	2024-06-21
WTFC	WINTRUST FINANCIAL CORP	$5.98B	1.70%	17.00%	$0.4500	$1.65	33%	0
DCOM	DIME COMMUNITY BANCSHARES INC	$725.29M	5.35%	43.70%	$0.2500	$1.00	80%	0		2024-04-24
BANF	BANCFIRST CORP	$2.94B	1.89%	25.70%	$0.4300	$1.69	37%	0
AX	AXOS FINANCIAL INC	$2.86B	N/A	0.00%	N/A	N/A	N/A	N/A
HBCP	HOME BANCORP INC	$294.11M	2.77%	19.90%	$0.2500	$1.00	51%	0	2024-04-26	2024-05-10
ESSA	ESSA BANCORP INC	$171.32M	3.55%	32.40%	$0.1500	$0.60	61%	0
FINW	FINWISE BANCORP	$130.24M	N/A	0.00%	N/A	N/A	N/A	N/A
PNFP	PINNACLE FINANCIAL PARTNERS INC	$6.12B	1.11%	12.20%	$0.2200	$0.88	20%	0
CIB	BANCOLOMBIA SA	$7.85B	10.84%	39.40%	$0.9125	$3.54	94%	6
UNTY	UNITY BANCORP INC	$272.90M	1.82%	12.30%	$0.1300	$0.49	36%	0
FIBK	FIRST INTERSTATE BANCSYSTEM INC	$2.66B	7.34%	75.80%	$0.4700	$1.88	88%	1
MBIN	MERCHANTS BANCORP	$1.70B	0.84%	5.70%	$0.0900	$0.33	15%	1
CBNK	CAPITAL BANCORP INC	$274.18M	1.52%	11.70%	$0.0800	$0.30	29%	0
SYBT	STOCK YARDS BANCORP INC	$1.33B	2.63%	32.00%	$0.3000	$1.19	49%	0
RBCAA	REPUBLIC BANCORP INC	$967.81M	3.07%	41.00%	$0.4070	$1.53	55%	0
FISI	FINANCIAL INSTITUTIONS INC	$267.49M	6.91%	37.90%	$0.3000	$1.20	87%	0
HBNC	HORIZON BANCORP INC	$522.28M	5.41%	100.00%	$0.1600	$0.64	81%	0
BCBP	BCB BANCORP INC	$169.07M	6.42%	37.40%	$0.1600	$0.64	85%	0
PPBI	PACIFIC PREMIER BANCORP INC	$2.13B	5.93%	425.80%	$0.3300	$1.32	83%	0
BWFG	BANKWELL FINANCIAL GROUP INC	$195.42M	3.25%	17.00%	$0.2000	$0.80	57%	0

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 16.82% over the past year, overperforming other bank stocks by 7 percentage points.

Webster Financial has an average 1 year price target of $61.30, an upside of 32.14% from Webster Financial's current stock price of $46.39.

Webster Financial stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Webster Financial, 70% have issued a Strong Buy rating, 30% 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 37.28% over the past year, overperforming other bank stocks by 27 percentage points.

Orrstown Financial Services has an average 1 year price target of $32.00, an upside of 23.27% from Orrstown Financial Services's current stock price of $25.96.

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 0.05% over the past year, underperforming other bank stocks by -10 percentage points.

Cb Financial Services has an average 1 year price target of $24.50, an upside of 14.7% from Cb Financial Services's current stock price of $21.36.

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 3.89%.

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 18.98%, which is 15 percentage points higher than the bank industry average of 3.89%. 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 10.84%, which is 7 percentage points higher than the bank industry average of 3.89%. 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 2.6% in the last day, and up 1.51% over the last week. Metropolitan Bank Holding was the among the top gainers in the banks - regional industry, gaining 18.01% yesterday.

Metropolitan Bank Holding shares are trading higher after the company reported better-than-expected Q1 financial 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 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 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 22.75% in the past year. It has overperformed other stocks in the bank industry by 13 percentage points.

2. Hanover Bancorp (NASDAQ:HNVR)

Hanover Bancorp (NASDAQ:HNVR) is the second most undervalued bank stock based on WallStreetZen's Valuation Score. Hanover 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.

Hanover Bancorp's stock has dropped -11.37% in the past year. It has underperformed other stocks in the bank industry by -21 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 0.66% in the past year. It has underperformed other stocks in the bank industry by -9 percentage points.

Are bank stocks a good buy now?

37.62% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 15.72% 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 -10.33x.

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.