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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
IBTX
INDEPENDENT BANK GROUP INC
$1.73B3.63%144.80%$0.3800$1.5263%0
CBU
COMMUNITY BANK SYSTEM INC
$2.37B4.03%72.70%$0.4500$1.7968%0
PFIS
PEOPLES FINANCIAL SERVICES CORP
$270.42M4.28%42.60%$0.4100$1.6471%0
BUSE
FIRST BUSEY CORP
$1.26B4.19%43.40%$0.2400$0.9670%02024-04-26
CZFS
CITIZENS FINANCIAL SERVICES INC
$209.46M4.39%48.00%$0.4900$1.9673%3
CNOB
CONNECTONE BANCORP INC
$725.07M3.60%32.70%$0.1700$0.6862%0
WAL
WESTERN ALLIANCE BANCORPORATION
$6.46B2.49%22.30%$0.3700$1.4647%0
BPOP
POPULAR INC
$6.16B2.74%30.10%$0.6200$2.3451%0
BPRN
PRINCETON BANCORP INC
$190.87M1.00%14.60%$0.3000$0.3017%0
FNLC
FIRST BANCORP INC
$254.44M6.12%51.90%$0.3500$1.4084%1
HWC
HANCOCK WHITNEY CORP
$3.91B2.65%26.60%$0.3000$1.2050%0
AFBI
AFFINITY BANCSHARES INC
$105.87MN/A0.00%N/AN/AN/AN/A
FLIC
FIRST OF LONG ISLAND CORP
$237.43M7.95%72.40%$0.2100$0.8490%0
FNCB
FNCB BANCORP INC
$109.07M6.53%54.50%$0.0900$0.3686%0
WASH
WASHINGTON TRUST BANCORP INC
$438.60M8.70%79.40%$0.5600$2.2491%0
NWFL
NORWOOD FINANCIAL CORP
$199.51M4.80%56.20%$0.3000$1.1877%02024-05-01
RRBI
RED RIVER BANCSHARES INC
$338.81M0.69%6.80%$0.0900$0.3311%0
OCFC
OCEANFIRST FINANCIAL CORP
$883.12M5.34%47.10%$0.2000$0.8080%02024-05-032024-05-17
WSBC
WESBANCO INC
$1.70B4.97%56.20%$0.3600$1.4278%0
PEBK
PEOPLES BANCORP OF NORTH CAROLINA INC
$152.77M3.29%32.10%$0.1900$0.9258%4
CVBF
CVB FINANCIAL CORP
$2.30B4.86%50.30%$0.2000$0.8077%0
VBNK
VERSABANK
$249.26MN/A4.50%$0.0194N/AN/A0
MPB
MID PENN BANCORP INC
$338.27M3.92%34.90%$0.2000$0.8067%6
GCBC
GREENE COUNTY BANCORP INC
$495.65M1.06%19.00%$0.0800$0.3119%02024-05-142024-05-30
SBSI
SOUTHSIDE BANCSHARES INC
$851.69M5.08%50.70%$0.3600$1.4379%5
BANR
BANNER CORP
$1.55B4.25%35.90%$0.4800$1.9271%32024-04-292024-05-10
IBCP
INDEPENDENT BANK CORP
$511.98M3.80%33.00%$0.2400$0.9365%0
BHB
BAR HARBOR BANKSHARES
$386.91M4.40%37.80%$0.2800$1.1273%02024-05-152024-06-14
ALRS
ALERUS FINANCIAL CORP
$417.26M3.60%127.10%$0.1900$0.7662%0
CALB
CALIFORNIA BANCORP
$179.37MN/A0.00%N/AN/AN/AN/A
BOH
BANK OF HAWAII CORP
$2.32B4.79%67.30%$0.7000$2.8076%02024-05-312024-06-14
CUBI
CUSTOMERS BANCORP INC
$1.54BN/A0.00%$1.9311N/AN/A0
CZNC
CITIZENS & NORTHERN CORP
$276.50M6.23%71.30%$0.2800$1.1284%1
OBT
ORANGE COUNTY BANCORP INC
$253.74M0.51%8.80%$0.2300$0.238%0
PROV
PROVIDENT FINANCIAL HOLDINGS INC
$90.39M4.29%48.70%$0.1400$0.5671%0
WTBA
WEST BANCORPORATION INC
$281.32M5.95%69.40%$0.2500$1.0083%0
PDLB
PONCE FINANCIAL GROUP INC
$201.03MN/A0.00%N/AN/AN/AN/A
COFS
CHOICEONE FINANCIAL SERVICES INC
$182.48M4.39%28.00%$0.2700$1.0673%1
BYFC
BROADWAY FINANCIAL CORP
$48.43MN/A0.00%N/AN/AN/AN/A
THFF
FIRST FINANCIAL CORP
$435.70M3.90%19.50%$0.4500$1.4467%4
FCCO
FIRST COMMUNITY CORP
$129.24M3.31%35.90%$0.1400$0.5658%02024-04-292024-05-14
HWBK
HAWTHORN BANCSHARES INC
$130.30M3.66%485.70%$0.1700$0.6863%0
UVSP
UNIVEST FINANCIAL CORP
$580.83M4.27%34.70%$0.2100$0.8471%0
SFBC
SOUND FINANCIAL BANCORP INC
$101.32M1.92%26.40%$0.1900$0.7638%4
CHMG
CHEMUNG FINANCIAL CORP
$212.31M2.77%23.50%$0.3100$1.2451%0
MGYR
MAGYAR BANCORP INC
$72.86M1.28%14.40%$0.0700$0.1424%2
OVBC
OHIO VALLEY BANC CORP
$112.65M4.38%38.90%$0.2200$1.0372%32024-04-252024-05-10
VBFC
VILLAGE BANK & TRUST FINANCIAL CORP
$62.70M1.62%52.70%$0.1800$0.6832%0
BLX
FOREIGN TRADE BANK OF LATIN AMERICA INC
$1.07B4.24%39.40%$0.5000$1.2571%12024-04-262024-05-15
WNEB
WESTERN NEW ENGLAND BANCORP INC
$135.32M4.47%40.00%$0.0700$0.2874%1
TCBI
TEXAS CAPITAL BANCSHARES INC
$2.76BN/A0.00%N/AN/AN/AN/A
FNWB
FIRST NORTHWEST BANCORP
$100.48M2.63%107.70%$0.0700$0.2849%0
RBB
RBB BANCORP
$340.03M3.50%28.60%$0.1600$0.6461%12024-04-302024-05-13
FSFG
FIRST SAVINGS FINANCIAL GROUP INC
$109.75M3.57%62.20%$0.1500$0.5762%1
PRK
PARK NATIONAL CORP
$2.16B3.14%53.70%$1.0600$4.2156%62024-05-162024-06-10
FGBI
FIRST GUARANTY BANCSHARES INC
$125.30M6.39%103.20%$0.1600$0.6485%1
FMBH
FIRST MID BANCSHARES INC
$743.68M2.96%29.00%$0.2300$0.9254%4
BHLB
BERKSHIRE HILLS BANCORP INC
$949.27M3.31%33.50%$0.1800$0.7258%1
SHG
SHINHAN FINANCIAL GROUP CO LTD
$16.52B2.43%27.10%$0.3877$0.7846%1
AUBN
AUBURN NATIONAL BANCORPORATION INC
$59.15M6.38%270.00%$0.2700$1.0885%0
SBFG
SB FINANCIAL GROUP INC
$91.70M3.92%29.90%$0.1350$0.5367%02024-05-092024-05-24
FFNW
FIRST FINANCIAL NORTHWEST INC
$186.88M2.55%56.50%$0.1300$0.5248%0
GNTY
GUARANTY BANCSHARES INC
$342.12M3.14%35.80%$0.2400$0.9356%0
NKSH
NATIONAL BANKSHARES INC
$177.40M5.02%56.80%$0.7800$1.5178%1
FDBC
FIDELITY D & D BANCORP INC
$263.77M3.22%46.10%$0.3800$1.4857%42024-05-172024-06-10
CPF
CENTRAL PACIFIC FINANCIAL CORP
$525.21M5.36%47.90%$0.2600$1.0480%1
ZION
ZIONS BANCORPORATION NATIONAL ASSOCIATION
$6.12B1.98%28.30%$0.4100$0.8239%0
FFIC
FLUSHING FINANCIAL CORP
$347.07M7.37%91.70%$0.2200$0.8888%0
IROQ
IF BANCORP INC
$54.76M2.45%62.50%$0.2000$0.4047%0
FRST
PRIMIS FINANCIAL CORP
$267.55M1.85%200.00%$0.1000$0.2036%2
LKFN
LAKELAND FINANCIAL CORP
$1.57B3.03%50.70%$0.4800$1.8655%12024-04-242024-05-06
ISTR
INVESTAR HOLDING CORP
$157.49M2.48%23.40%$0.1000$0.4047%02024-04-30
NBBK
NB BANCORP INC
$593.18MN/A0.00%N/AN/AN/AN/A
INBK
FIRST INTERNET BANCORP
$277.59M0.75%25.30%$0.0600$0.2413%0
BOKF
BOK FINANCIAL CORP
$5.81B2.44%27.20%$0.5500$2.1846%0
WSBF
WATERSTONE FINANCIAL INC
$231.41M5.63%148.90%$0.1500$0.6582%82024-05-01
NIC
NICOLET BANKSHARES INC
$1.20B1.24%18.00%$0.2500$1.0023%0
KRNY
KEARNY FINANCIAL CORP
$375.02M7.56%151.70%$0.1100$0.4489%2
GBCI
GLACIER BANCORP INC
$4.27B3.50%65.70%$0.3300$1.3261%8
MCBS
METROCITY BANKSHARES INC
$611.74M3.05%36.10%$0.2000$0.7455%12024-04-302024-05-10
PNC
PNC FINANCIAL SERVICES GROUP INC
$62.03B3.98%48.00%$1.5500$6.2067%02024-05-05
NWBI
NORTHWEST BANCSHARES INC
$1.41B7.23%75.50%$0.2000$0.8088%12024-05-012024-05-15
GSBC
GREAT SOUTHERN BANCORP INC
$620.29M3.03%28.30%$0.4000$1.6055%2
RBKB
RHINEBECK BANCORP INC
$85.37MN/A0.00%N/AN/AN/AN/A
WF
WOORI FINANCIAL GROUP INC
$7.48BN/A23.00%$0.3000N/AN/A2
FSBC
FIVE STAR BANCORP
$383.34M0.91%14.40%$0.2000$0.2016%0
CFFN
CAPITOL FEDERAL FINANCIAL INC
$696.75M6.53%-39.50%$0.0850$0.3486%17
FVCB
FVCBANKCORP INC
$198.97MN/A0.00%N/AN/AN/AN/A
BAP
CREDICORP LTD
$15.78BN/A24.70%$3.8550N/AN/A4
FULT
FULTON FINANCIAL CORP
$2.46B4.34%38.60%$0.1700$0.6672%9
EQBK
EQUITY BANCSHARES INC
$508.06M1.40%88.00%$0.1200$0.4627%0
GLBZ
GLEN BURNIE BANCORP
$15.03M7.68%80.00%$0.1000$0.4089%12024-05-06
TFSL
TFS FINANCIAL CORP
$3.40B9.32%434.60%$0.2825$1.1392%0
MYFW
FIRST WESTERN FINANCIAL INC
$156.73MN/A0.00%N/AN/AN/AN/A
TMP
TOMPKINS FINANCIAL CORP
$666.57M5.19%363.60%$0.6000$2.4079%0
FNWD
FINWARD BANCORP
$105.97MN/A31.60%$0.3100N/AN/A0
USCB
USCB FINANCIAL HOLDINGS INC
$209.08MN/A0.00%N/AN/AN/AN/A
PVBC
PROVIDENT BANCORP INC
$138.27MN/A0.00%$0.0400N/AN/A0
ATLO
AMES NATIONAL CORP
$173.73M5.59%90.00%$0.2700$1.0882%12024-04-302024-05-15
BSBK
BOGOTA FINANCIAL CORP
$88.09MN/A0.00%N/AN/AN/AN/A

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. Cb Financial Services (NASDAQ:CBFV)


Cb Financial Services (NASDAQ:CBFV) is the top bank stock with a Zen Score of 61, which is 28 points higher than the bank industry average of 33. It passed 21 out of 38 due diligence checks and has strong fundamentals. Cb Financial Services has seen its stock lose -0.31% over the past year, underperforming other bank stocks by -14 percentage points.

Cb Financial Services has an average 1 year price target of $24.50, an upside of 14.34% from Cb Financial Services's current stock price of $21.43.

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.

2. Webster Financial (NYSE:WBS)


Webster Financial (NYSE:WBS) is the second best 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 23.77% over the past year, overperforming other bank stocks by 10 percentage points.

Webster Financial has an average 1 year price target of $61.30, an upside of 29.96% from Webster Financial's current stock price of $47.17.

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.

3. Orrstown Financial Services (NASDAQ:ORRF)


Orrstown Financial Services (NASDAQ:ORRF) is the third 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 38.85% over the past year, overperforming other bank stocks by 25 percentage points.

Orrstown Financial Services has an average 1 year price target of $32.00, an upside of 22.98% from Orrstown Financial Services's current stock price of $26.02.

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.

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 3.86%.

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 17.95%, which is 14 percentage points higher than the bank industry average of 3.86%. 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 10.82%, which is 7 percentage points higher than the bank industry average of 3.86%. 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 1.47% in the last day, and up 3.7% over the last week. Kb Financial Group was the among the top gainers in the banks - regional industry, gaining 7.94% yesterday.

KB Financial Group shares are trading higher amid strength in Korean markets.

What are the most undervalued bank stocks?

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

1. Essa Bancorp (NASDAQ:ESSA)


Essa Bancorp (NASDAQ:ESSA) is the most undervalued bank stock based on WallStreetZen's Valuation Score. Essa 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.

Essa Bancorp's stock has gained 2.83% in the past year. It has underperformed other stocks in the bank industry by -11 percentage points.

2. First Us Bancshares (NASDAQ:FUSB)


First Us Bancshares (NASDAQ:FUSB) is the second 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 24.89% in the past year. It has overperformed other stocks in the bank industry by 11 percentage points.

3. Hanover Bancorp (NASDAQ:HNVR)


Hanover Bancorp (NASDAQ:HNVR) is the third 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 -10.16% in the past year. It has underperformed other stocks in the bank industry by -24 percentage points.

Are bank stocks a good buy now?

37.25% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 13.62% 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 -10.79x.
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.