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 Ownership

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
CASH	PATHWARD FINANCIAL INC	United States	$1.67B	24,977,030	88.00%	12.00%	Net Selling	Net Selling
ORRF	ORRSTOWN FINANCIAL SERVICES INC	United States	$677.98M	19,370,897	30.68%	6.89%	Net Selling	Net Selling
SUPV	GRUPO SUPERVIELLE SA	Argentina	$649.84M	442,671,830	2.45%	0.00%
NU	NU HOLDINGS LTD	Brazil	$63.35B	4,788,239,000	58.31%	0.00%
WBS	WEBSTER FINANCIAL CORP	United States	$7.82B	171,426,372	85.74%	4.74%	Net Selling	Net Selling
SHBI	SHORE BANCSHARES INC	United States	$446.10M	33,316,252	57.07%	12.13%	Net Buying
ITUB	ITAU UNIBANCO HOLDING SA	Brazil	$63.12B	9,800,866,660	8.53%	0.00%
FUSB	FIRST US BANCSHARES INC	United States	$65.99M	5,744,888	16.47%	17.97%	Net Selling
DCOM	DIME COMMUNITY BANCSHARES INC	United States	$1.10B	39,148,637	76.44%	11.62%	Net Selling	Net Buying
PEBO	PEOPLES BANCORP INC	United States	$1.04B	35,508,377	55.43%	7.10%	Net Buying	Net Selling
INBK	FIRST INTERNET BANCORP	United States	$293.23M	8,667,894	70.33%	11.05%	Net Selling
BCBP	BCB BANCORP INC	United States	$206.23M	17,029,354	36.46%	27.56%	Net Buying	Net Buying
BLX	FOREIGN TRADE BANK OF LATIN AMERICA INC	Panama	$1.20B	36,539,861	7.51%	0.00%
CBFV	CB FINANCIAL SERVICES INC	United States	$144.23M	5,141,911	37.28%	16.42%	Net Selling
PFS	PROVIDENT FINANCIAL SERVICES INC	United States	$2.33B	130,485,099	68.20%	6.27%	Net Selling	Net Selling
CWBC	COMMUNITY WEST BANCSHARES	United States	$341.12M	18,940,558	46.29%	53.71%	Net Buying	Net Selling
UCB	UNITED COMMUNITY BANKS INC	United States	$3.39B	119,202,592	81.96%	12.65%	Net Selling	Net Selling
INTR	INTER & CO INC	Brazil	$2.47B	402,190,540	24.19%	0.00%
VBTX	VERITEX HOLDINGS INC	United States	$1.38B	54,385,930	87.08%	8.93%	Net Buying	Net Buying
FXNC	FIRST NATIONAL CORP	United States	$114.30M	6,280,406	35.75%	47.07%	Net Buying
BAP	CREDICORP LTD	Bermuda	$17.37B	94,382,317	57.55%	0.00%
CCB	COASTAL FINANCIAL CORP	United States	$709.82M	13,456,333	58.70%	32.74%	Net Selling	Net Selling
LCNB	LCNB CORP	United States	$207.75M	14,152,188	34.95%	11.03%	Net Buying	Net Buying
MSBI	MIDLAND STATES BANCORP INC	United States	$464.23M	21,393,260	63.76%	14.18%	Net Buying	Net Buying
BSVN	BANK7 CORP	United States	$349.14M	9,337,760	8.08%	91.92%	Net Selling	Net Buying
ASB	ASSOCIATED BANC-CORP	United States	$3.17B	150,900,815	84.71%	4.90%	Net Selling	Net Selling
CBAN	COLONY BANKCORP INC	United States	$264.02M	17,589,884	54.49%	19.41%	Net Selling
AX	AXOS FINANCIAL INC	United States	$3.50B	56,894,891	66.67%	33.33%	Net Buying	Net Buying
FVCB	FVCBANKCORP INC	United States	$232.06M	18,186,147	44.94%	15.28%	Net Buying	Net Selling
FISI	FINANCIAL INSTITUTIONS INC	United States	$383.25M	15,472,395	62.73%	10.87%	Net Selling	Net Selling
OPHC	OPTIMUMBANK HOLDINGS INC	United States	$43.65M	9,677,431	9.94%	89.51%	Net Selling
WSBC	WESBANCO INC	United States	$1.75B	59,587,710	62.54%	7.10%	Net Selling	Net Selling
MVBF	MVB FINANCIAL CORP	United States	$242.53M	12,927,962	49.45%	24.99%	Net Buying
FBP	FIRST BANCORP	Puerto Rico	$3.37B	163,865,756	33.43%	66.57%	Net Selling	Net Selling
CAC	CAMDEN NATIONAL CORP	United States	$575.98M	14,574,519	73.07%	6.47%	Net Buying	Net Buying
FSFG	FIRST SAVINGS FINANCIAL GROUP INC	United States	$164.52M	6,883,656	26.21%	24.95%	Net Buying	Net Buying
EFSC	ENTERPRISE FINANCIAL SERVICES CORP	United States	$1.87B	37,367,430	74.44%	19.55%	Net Selling	Net Selling
COLB	COLUMBIA BANKING SYSTEM INC	United States	$5.38B	209,481,301	91.32%	1.47%	Net Buying
FUNC	FIRST UNITED CORP	United States	$192.03M	6,465,601	38.08%	14.65%	Net Selling	Net Selling
INDB	INDEPENDENT BANK CORP	United States	$2.46B	42,483,113	81.75%	6.61%	Net Selling
WAFD	WAFD INC	United States	$2.76B	81,219,315	76.50%	3.61%	Net Selling	Net Selling
MCB	METROPOLITAN BANK HOLDING CORP	United States	$600.28M	11,192,936	79.59%	10.45%	Net Selling	Net Selling
SMBK	SMARTFINANCIAL INC	United States	$483.02M	16,924,150	53.52%	19.45%	Net Selling	Net Selling
ONB	OLD NATIONAL BANCORP	United States	$5.83B	318,970,000	81.33%	1.48%	Net Selling	Net Selling
SMBC	SOUTHERN MISSOURI BANCORP INC	United States	$622.08M	11,277,737	49.02%	26.58%	Net Selling	Net Selling
TBBK	BANCORP INC	United States	$2.64B	48,959,023	86.94%	13.06%	Net Selling
RBCAA	REPUBLIC BANCORP INC	United States	$1.22B	19,434,075	16.13%	83.87%	Net Buying	Net Selling
VBNK	VERSABANK	Canada	$345.33M	25,964,424	19.36%	0.00%
CIB	BANCOLOMBIA SA	Colombia	$7.54B	961,827,000	2.62%	0.00%
HBAN	HUNTINGTON BANCSHARES INC	United States	$21.23B	1,452,432,838	83.41%	2.29%	Net Selling	Net Selling
HOPE	HOPE BANCORP INC	United States	$1.52B	120,731,627	83.59%	16.41%	Net Buying	Net Buying
KEY	KEYCORP	United States	$15.83B	943,195,733	81.11%	1.19%	Net Selling	Net Selling
HBNC	HORIZON BANCORP INC	United States	$647.81M	43,712,059	67.58%	15.69%	Net Buying
FFIN	FIRST FINANCIAL BANKSHARES INC	United States	$5.13B	142,850,708	72.75%	6.82%	Net Buying	Net Selling
CFG	CITIZENS FINANCIAL GROUP INC	United States	$18.46B	448,300,466	91.48%	1.23%	Net Selling	Net Selling
UMBF	UMB FINANCIAL CORP	United States	$5.05B	48,746,015	90.53%	9.47%	Net Selling	Net Selling
AUB	ATLANTIC UNION BANKSHARES CORP	United States	$3.32B	89,782,844	73.62%	25.27%	Net Selling
FCCO	FIRST COMMUNITY CORP	United States	$159.57M	7,635,145	55.05%	17.78%	Net Selling	Net Buying
CTBI	COMMUNITY TRUST BANCORP INC	United States	$873.54M	18,052,147	61.37%	21.32%	Net Buying	Net Buying
ESSA	ESSA BANCORP INC	United States	$186.62M	10,131,521	44.97%	17.94%	Net Selling	Net Selling
BCH	BANK OF CHILE	Chile	$12.37B	101,017,081,114	0.01%	0.00%
SBCF	SEACOAST BANKING CORP OF FLORIDA	United States	$2.23B	85,299,154	62.38%	37.62%	Net Buying	Net Buying
AVAL	GRUPO AVAL ACCIONES Y VALORES SA	Colombia	$2.41B	23,743,475,754	0.01%	0.00%
SFBS	SERVISFIRST BANCSHARES INC	United States	$4.35B	54,529,826	71.11%	17.55%	Net Selling	Net Selling
BOTJ	BANK OF THE JAMES FINANCIAL GROUP INC	United States	$61.06M	4,543,338	20.36%	22.04%	Net Buying
SNV	SYNOVUS FINANCIAL CORP	United States	$6.31B	143,972,321	86.20%	12.36%	Net Selling	Net Selling
BBD	BANK BRADESCO	Brazil	$29.05B	10,642,170,228	7.82%	0.00%
BPOP	POPULAR INC	Puerto Rico	$7.04B	72,335,174	76.42%	23.58%	Net Buying	Net Selling
BUSE	FIRST BUSEY CORP	United States	$1.43B	56,854,732	44.95%	55.05%	Net Selling	Net Buying
FHN	FIRST HORIZON CORP	United States	$8.34B	535,893,064	81.36%	3.06%	Net Selling
STEL	STELLAR BANCORP INC	United States	$1.35B	53,574,833	53.93%	24.99%	Net Selling
OSBC	OLD SECOND BANCORP INC	United States	$676.33M	44,849,591	68.43%	9.85%	Net Selling	Net Selling
BFC	BANK FIRST CORP	United States	$873.60M	10,013,737	29.19%	9.80%	Net Buying
HTBK	HERITAGE COMMERCE CORP	United States	$584.75M	61,294,344	77.94%	22.06%	Net Buying
VLY	VALLEY NATIONAL BANCORP	United States	$4.52B	509,222,110	66.27%	17.34%	Net Selling
BMA	MACRO BANK INC	Argentina	$4.34B	639,413,408	0.83%	0.00%
CZWI	CITIZENS COMMUNITY BANCORP INC	United States	$144.57M	10,297,341	53.22%	41.55%	Net Selling	Net Selling
PFIS	PEOPLES FINANCIAL SERVICES CORP	United States	$451.50M	9,975,789	23.83%	15.99%	Net Buying	Net Buying
TCBI	TEXAS CAPITAL BANCSHARES INC	United States	$3.33B	46,196,722	88.61%	11.39%	Net Buying	Net Buying
LARK	LANDMARK BANCORP INC	United States	$110.10M	5,502,408	17.33%	27.30%	Net Buying
BANF	BANCFIRST CORP	United States	$3.40B	33,022,124	44.49%	55.51%	Net Selling	Net Selling
IBOC	INTERNATIONAL BANCSHARES CORP	United States	$3.64B	62,192,105	63.29%	36.71%	Net Selling	Net Buying
MBIN	MERCHANTS BANCORP	United States	$2.03B	45,757,567	30.90%	69.10%	Net Selling	Net Selling
OVLY	OAK VALLEY BANCORP	United States	$216.93M	8,359,556	31.56%	33.01%	Net Buying	Net Buying
MRBK	MERIDIAN CORP	United States	$146.04M	11,190,875	44.77%	11.54%	Net Buying	Net Buying
ACNB	ACNB CORP	United States	$361.05M	8,545,629	33.46%	6.96%	Net Buying	Net Selling
NRIM	NORTHRIM BANCORP INC	United States	$375.45M	5,501,943	66.26%	11.83%	Net Buying	Net Buying
RVSB	RIVERVIEW BANCORP INC	United States	$98.73M	21,096,968	64.19%	30.91%	Net Buying	Net Buying
BY	BYLINE BANCORP INC	United States	$1.14B	44,260,652	32.94%	67.06%	Net Buying	Net Selling
USB	US BANCORP	United States	$69.75B	1,560,514,033	77.91%	19.85%	Net Selling	Net Buying
CNOB	CONNECTONE BANCORP INC	United States	$962.27M	38,368,217	60.29%	39.71%	Net Selling
OFG	OFG BANCORP	Puerto Rico	$2.00B	46,561,532	90.19%	9.81%	Net Selling	Net Selling
NEWT	NEWTEKONE INC	United States	$329.74M	25,964,046	37.60%	58.99%	Net Buying	Net Buying
SSB	SOUTHSTATE CORP	United States	$7.35B	76,246,721	89.07%	3.93%	Net Selling	Net Selling
CCBG	CAPITAL CITY BANK GROUP INC	United States	$570.26M	16,941,768	20.71%	79.29%	Net Selling	Net Selling
FFBC	FIRST FINANCIAL BANCORP	United States	$2.32B	95,481,794	77.68%	4.41%	Net Selling	Net Selling
WAL	WESTERN ALLIANCE BANCORPORATION	United States	$9.29B	110,086,404	70.31%	29.69%	Net Selling	Net Selling
ABCB	AMERIS BANCORP	United States	$4.26B	69,067,019	90.59%	7.97%	Net Selling
WABC	WESTAMERICA BANCORPORATION	United States	$1.28B	26,685,789	77.29%	17.00%	Net Selling
SFNC	SIMMONS FIRST NATIONAL CORP	United States	$2.70B	125,550,914	69.46%	2.91%	Net Buying	Net Buying

Bank Stocks FAQ

What are the best bank stocks to buy right now in Oct 2024?

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

1. Pathward Financial (NASDAQ:CASH)

Pathward Financial (NASDAQ:CASH) is the top bank stock with a Zen Score of 59, which is 28 points higher than the bank industry average of 31. It passed 22 out of 38 due diligence checks and has strong fundamentals. Pathward Financial has seen its stock return 44.72% over the past year, overperforming other bank stocks by 8 percentage points.

Pathward Financial has an average 1 year price target of $71.00, an upside of 6.4% from Pathward Financial's current stock price of $66.73.

Pathward Financial stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Pathward Financial, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% 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 56, which is 25 points higher than the bank industry average of 31. It passed 20 out of 38 due diligence checks and has strong fundamentals. Orrstown Financial Services has seen its stock return 71.32% over the past year, overperforming other bank stocks by 35 percentage points.

Orrstown Financial Services has an average 1 year price target of $32.00, a downside of -8.57% from Orrstown Financial Services's current stock price of $35.00.

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

3. Grupo Supervielle Sa (NYSE:SUPV)

Grupo Supervielle Sa (NYSE:SUPV) is the third best bank stock with a Zen Score of 55, which is 24 points higher than the bank industry average of 31. It passed 21 out of 38 due diligence checks and has strong fundamentals. Grupo Supervielle Sa has seen its stock return 268.84% over the past year, overperforming other bank stocks by 232 percentage points.

What are the bank stocks with highest dividends?

Out of 265 bank stocks that have issued dividends in the past year, the 3 bank stocks with the highest dividend yields are:

1. Bancolombia Sa (NYSE:CIB)

Bancolombia Sa (NYSE:CIB) has an annual dividend yield of 11.28%, which is 8 percentage points higher than the bank industry average of 3.33%. Bancolombia Sa's dividend payout is not stable, having dropped more than 10% five 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.

2. Bank Bradesco (NYSE:BBD)

Bank Bradesco (NYSE:BBD) has an annual dividend yield of 10.75%, which is 7 percentage points higher than the bank industry average of 3.33%. Bank Bradesco's dividend payout is not stable, having dropped more than 10% thirty-one times in the last 10 years. Bank Bradesco's dividend has not shown consistent growth over the last 10 years.

Bank Bradesco's dividend payout ratio of 90.6% indicates that its high dividend yield might not be sustainable for the long-term.

3. Tfs Financial (NASDAQ:TFSL)

Tfs Financial (NASDAQ:TFSL) has an annual dividend yield of 8.92%, which is 6 percentage points higher than the bank industry average of 3.33%. Tfs Financial's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Tfs Financial's dividend has shown consistent growth over the last 10 years.

Tfs Financial's dividend payout ratio of 403.6% indicates that its high dividend yield might not be sustainable for the long-term.

Why are bank stocks up?

Bank stocks were up 2.04% in the last day, and down -0.08% over the last week. First Internet Bancorp was the among the top gainers in the banks - regional industry, gaining 10.92% yesterday.

Shares of banking companies are trading higher amid overall market strength following strong September Unemployment Rate and Nonfarm Payrolls data. Also, the dockworkers struck a deal to suspend their strike after they reached a tentative agreement, easing concerns about its potential ramifications.

What are the most undervalued bank stocks?

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

1. Bank Of The James Financial Group (NASDAQ:BOTJ)

Bank Of The James Financial Group (NASDAQ:BOTJ) is the most undervalued bank stock based on WallStreetZen's Valuation Score. Bank Of The James Financial Group has a valuation score of 100, which is 64 points higher than the bank industry average of 36. It passed 7 out of 7 valuation due diligence checks.

Bank Of The James Financial Group's stock has gained 28.74% in the past year. It has underperformed other stocks in the bank industry by -8 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 64 points higher than the bank industry average of 36. It passed 7 out of 7 valuation due diligence checks.

First Us Bancshares's stock has gained 35.13% in the past year. It has underperformed other stocks in the bank industry by -2 percentage points.

3. Pathward Financial (NASDAQ:CASH)

Pathward Financial (NASDAQ:CASH) is the third most undervalued bank stock based on WallStreetZen's Valuation Score. Pathward Financial has a valuation score of 86, which is 50 points higher than the bank industry average of 36. It passed 6 out of 7 valuation due diligence checks.

Pathward Financial's stock has gained 44.72% in the past year. It has overperformed other stocks in the bank industry by 8 percentage points.

Are bank stocks a good buy now?

44.75% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 7.23% 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 12.01x.

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.