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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
HTBK
HERITAGE COMMERCE CORP
United States
$469.47M60,970,33872.23%22.00%Net BuyingNet Buying
TCBX
THIRD COAST BANCSHARES INC
United States
$227.20M13,580,35537.55%8.13%Net BuyingNet Buying
SBCF
SEACOAST BANKING CORP OF FLORIDA
United States
$1.80B84,609,32061.84%38.16%Net BuyingNet Buying
BPOP
POPULAR INC
Puerto Rico
$4.26B71,974,05476.20%23.80%Net SellingNet Selling
PLBC
PLUMAS BANCORP
United States
$197.78M5,863,74834.69%53.61%Net BuyingNet Buying
ACNB
ACNB CORP
United States
$261.66M8,523,25629.26%6.15%Net BuyingNet Buying
BWFG
BANKWELL FINANCIAL GROUP INC
United States
$181.89M7,843,43832.45%38.67%Net BuyingNet Buying
MSBI
MIDLAND STATES BANCORP INC
United States
$442.48M22,025,11560.36%13.29%Net BuyingNet Buying
WABC
WESTAMERICA BANCORPORATION
United States
$1.05B26,648,28176.36%17.39%Net SellingNet Selling
WBS
WEBSTER FINANCIAL CORP
United States
$6.45B174,744,97785.32%4.63%Net SellingNet Selling
DCOM
DIME COMMUNITY BANCSHARES INC
United States
$664.42M38,809,46672.61%11.92%Net SellingNet Buying
UBFO
UNITED SECURITY BANCSHARES
United States
$110.94M17,094,29834.14%60.91%Net BuyingNet Buying
OPBK
OP BANCORP
United States
$124.25M15,171,46445.40%26.17%Net BuyingNet Buying
WSFS
WSFS FINANCIAL CORP
United States
$2.10B61,448,79786.68%10.04%Net SellingNet Selling
SMBK
SMARTFINANCIAL INC
United States
$377.15M17,004,09249.69%19.31%Net BuyingNet Buying
FXNC
FIRST NATIONAL CORP
United States
$94.59M6,264,28633.73%43.42%Net BuyingNet Buying
MVBF
MVB FINANCIAL CORP
United States
$229.84M12,698,56844.36%24.61%Net BuyingNet Buying
EFSC
ENTERPRISE FINANCIAL SERVICES CORP
United States
$1.55B37,312,36873.52%19.57%Net SellingNet Buying
CNOB
CONNECTONE BANCORP INC
United States
$546.16M39,179,05160.32%39.68%Net SellingNet Selling
CMA
COMERICA INC
United States
$5.13B131,669,86181.81%3.01%Net SellingNet Selling
FBIZ
FIRST BUSINESS FINANCIAL SERVICES INC
United States
$229.31M8,293,17664.35%23.17%Net BuyingNet Buying
SHBI
SHORE BANCSHARES INC
United States
$222.65M19,897,41059.71%11.55%Net BuyingNet Buying
PKBK
PARKE BANCORP INC
United States
$193.30M11,946,67143.19%25.24%Net SellingNet Buying
TBBK
BANCORP INC
United States
$1.81B54,691,40587.37%12.63%Net SellingNet Buying
WTFC
WINTRUST FINANCIAL CORP
United States
$4.03B61,192,81890.60%2.94%Net BuyingNet Selling
OSBC
OLD SECOND BANCORP INC
United States
$546.70M44,665,12765.83%9.74%Net BuyingNet Buying
ONB
OLD NATIONAL BANCORP
United States
$3.77B292,599,00077.50%1.59%Net SellingNet Selling
OCFC
OCEANFIRST FINANCIAL CORP
United States
$877.42M59,486,08669.54%7.73%Net SellingNet Selling
PEBO
PEOPLES BANCORP INC
United States
$769.67M28,485,21355.92%8.50%Net BuyingNet Buying
BMRC
BANK OF MARIN BANCORP
United States
$277.50M16,115,08252.19%8.96%Net BuyingNet Buying
PPBI
PACIFIC PREMIER BANCORP INC
United States
$1.89B95,799,98691.36%6.12%Net SellingNet Selling
SMMF
SUMMIT FINANCIAL GROUP INC
United States
$285.60M14,668,56426.85%27.31%Net BuyingNet Buying
BCBP
BCB BANCORP INC
United States
$185.28M16,843,76739.08%27.28%Net BuyingNet Buying
TCBK
TRICO BANCSHARES
United States
$1.13B33,206,78839.24%60.76%Net SellingNet Buying
ISTR
INVESTAR HOLDING CORP
United States
$112.36M9,917,35056.76%13.20%Net BuyingNet Buying
STBA
S&T BANCORP INC
United States
$1.08B38,967,07563.56%5.94%Net SellingNet Buying
CATY
CATHAY GENERAL BANCORP
United States
$2.24B72,535,69468.20%15.30%Net SellingNet Selling
IBOC
INTERNATIONAL BANCSHARES CORP
United States
$2.72B62,114,57661.97%38.03%Net Selling
ESSA
ESSA BANCORP INC
United States
$148.96M10,402,35338.97%15.94%Net Selling
CHMG
CHEMUNG FINANCIAL CORP
United States
$166.28M4,710,40833.85%66.15%Net BuyingNet Buying
VBTX
VERITEX HOLDINGS INC
United States
$940.12M54,247,97386.76%8.69%Net SellingNet Buying
MPB
MID PENN BANCORP INC
United States
$366.20M15,907,86144.06%35.26%Net BuyingNet Buying
UCBI
UNITED COMMUNITY BANKS INC
United States
$2.69B115,154,69982.85%12.89%Net SellingNet Selling
SYBT
STOCK YARDS BANCORP INC
United States
$1.26B29,323,01149.85%9.72%Net BuyingNet Buying
FUSB
FIRST US BANCSHARES INC
United States
$42.52M5,865,39917.17%16.94%Net BuyingNet Buying
INDB
INDEPENDENT BANK CORP
United States
$2.00B44,125,00380.50%6.22%Net SellingNet Selling
OVLY
OAK VALLEY BANCORP
United States
$192.96M8,281,66125.45%32.45%Net BuyingNet Buying
CVBF
CVB FINANCIAL CORP
United States
$1.76B139,289,51574.77%22.98%Net SellingNet Selling
FISI
FINANCIAL INSTITUTIONS INC
United States
$255.85M15,375,67065.65%10.41%Net BuyingNet Buying
CSTR
CAPSTAR FINANCIAL HOLDINGS INC
United States
$272.08M21,042,29143.27%32.45%Net BuyingNet Buying
OPOF
OLD POINT FINANCIAL CORP
United States
$80.00M5,000,31132.90%45.78%Net BuyingNet Buying
MCBC
MACATAWA BANK CORP
United States
$299.71M34,292,29441.60%28.64%Net Selling
NKSH
NATIONAL BANKSHARES INC
United States
$157.37M5,889,68724.33%11.61%Net BuyingNet Buying
HDB
HDFC BANK LTD
India
$119.68B5,545,540,9765.90%0.00%
TCFC
COMMUNITY FINANCIAL CORP
United States
$146.89M5,669,27437.75%18.85%Net BuyingNet Buying
FUNC
FIRST UNITED CORP
United States
$89.49M6,688,71030.94%13.81%Net BuyingNet Buying
CZWI
CITIZENS COMMUNITY BANCORP INC
United States
$89.75M10,484,32153.41%41.28%Net BuyingNet Buying
FCNCA
FIRST CITIZENS BANCSHARES INC
United States
$18.49B14,519,99340.14%59.86%Net BuyingNet Buying
UNTY
UNITY BANCORP INC
United States
$228.66M10,068,59325.28%74.72%Net BuyingNet Buying
BOTJ
BANK OF THE JAMES FINANCIAL GROUP INC
United States
$40.66M4,543,33819.30%21.59%Net BuyingNet Buying
PEBK
PEOPLES BANCORP OF NORTH CAROLINA INC
United States
$97.52M5,637,02137.02%62.98%Net SellingNet Buying
CCBG
CAPITAL CITY BANK GROUP INC
United States
$510.48M17,021,74820.97%79.03%Net SellingNet Buying
FBNC
FIRST BANCORP
United States
$1.28B40,991,54067.00%9.62%Net BuyingNet Buying
BBD
BANK BRADESCO
Brazil
$34.48B10,642,170,2288.29%0.00%
CCNE
CNB FINANCIAL CORP
United States
$374.28M21,062,59655.22%11.37%Net BuyingNet Buying
TSBK
TIMBERLAND BANCORP INC
United States
$193.59M8,203,17458.65%10.24%Net SellingNet Buying
PNFP
PINNACLE FINANCIAL PARTNERS INC
United States
$3.85B76,743,42879.21%4.98%Net SellingNet Selling
FNWB
FIRST NORTHWEST BANCORP
United States
$108.76M9,667,67151.14%11.43%Net BuyingNet Buying
ABCB
AMERIS BANCORP
United States
$2.26B69,373,86389.81%8.03%Net SellingNet Buying
USB
US BANCORP
United States
$47.01B1,532,920,69174.64%20.16%Net SellingNet Selling
FCAP
FIRST CAPITAL INC
United States
$84.02M3,359,36210.33%9.50%Net BuyingNet Buying
MNSB
MAINSTREET BANCSHARES INC
United States
$167.15M7,522,29744.52%10.06%Net BuyingNet Buying
FBP
FIRST BANCORP
Puerto Rico
$2.10B179,788,69834.81%65.19%Net SellingNet Selling
CIZN
CITIZENS HOLDING CO
United States
$69.98M5,616,43811.57%23.60%Net BuyingNet Buying
SMBC
SOUTHERN MISSOURI BANCORP INC
United States
$413.34M11,330,71247.46%24.87%Net BuyingNet Buying
CALB
CALIFORNIA BANCORP
United States
$121.19M8,358,07052.80%11.57%Net BuyingNet Buying
VABK
VIRGINIA NATIONAL BANKSHARES CORP
United States
$151.59M5,365,98233.36%14.36%Net BuyingNet Buying
FRAF
FRANKLIN FINANCIAL SERVICES CORP
United States
$114.62M4,381,61122.37%12.70%Net BuyingNet Buying
MTB
M&T BANK CORP
United States
$20.50B165,869,83282.52%8.51%Net SellingNet Selling
EVBN
EVANS BANCORP INC
United States
$127.77M5,462,76358.36%14.72%Net BuyingNet Buying
NRIM
NORTHRIM BANCORP INC
United States
$215.09M5,649,84164.32%10.93%Net BuyingNet Buying
FHN
FIRST HORIZON CORP
United States
$5.85B537,811,49879.07%2.91%Net SellingNet Selling
IBCP
INDEPENDENT BANK CORP
United States
$361.51M21,141,00978.19%5.52%Net SellingNet Buying
LCNB
LCNB CORP
United States
$159.31M11,121,21233.60%12.54%Net BuyingNet Buying
BFIN
BANKFINANCIAL CORP
United States
$95.08M12,693,99352.23%20.71%Net BuyingNet Buying
BFST
BUSINESS FIRST BANCSHARES INC
United States
$375.74M25,319,52041.85%26.73%Net BuyingNet Buying
WAFD
WASHINGTON FEDERAL INC
United States
$1.76B65,792,21686.70%4.81%Net BuyingNet Buying
SFBS
SERVISFIRST BANCSHARES INC
United States
$2.29B54,282,13266.51%17.38%Net BuyingNet Buying
CCB
COASTAL FINANCIAL CORP
United States
$471.82M13,283,23256.87%31.79%Net BuyingNet Buying
ESQ
ESQUIRE FINANCIAL HOLDINGS INC
United States
$351.62M8,190,44955.22%33.90%Net SellingNet Selling
SASR
SANDY SPRING BANCORP INC
United States
$959.48M44,835,49667.45%1.37%Net SellingNet Selling
TRST
TRUSTCO BANK CORP N Y
United States
$548.28M19,024,43366.82%26.45%Net BuyingNet Buying
FBK
FB FINANCIAL CORP
United States
$1.31B46,781,02063.24%25.52%Net BuyingNet Buying
CFFI
C & F FINANCIAL CORP
United States
$175.06M3,434,52830.80%10.42%Net SellingNet Selling
CFBK
CF BANKSHARES INC
United States
$102.56M6,549,18924.29%51.32%Net BuyingNet Buying
FNCB
FNCB BANCORP INC
United States
$112.20M19,683,87312.39%32.29%Net BuyingNet Buying
FMNB
FARMERS NATIONAL BANC CORP
United States
$451.42M37,462,10937.24%18.68%Net BuyingNet Buying
CFG
CITIZENS FINANCIAL GROUP INC
United States
$13.07B483,988,28288.99%0.98%Net SellingNet Selling
EGBN
EAGLE BANCORP INC
United States
$623.24M30,716,44870.53%29.47%Net BuyingNet Buying
PROV
PROVIDENT FINANCIAL HOLDINGS INC
United States
$84.27M7,022,65852.89%23.76%

Bank Stocks FAQ

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

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

1. Heritage Commerce (NASDAQ:HTBK)


Heritage Commerce (NASDAQ:HTBK) is the top bank stock with a Zen Score of 61, which is 23 points higher than the bank industry average of 38. It passed 21 out of 38 due diligence checks and has strong fundamentals. Heritage Commerce has seen its stock lose -31.68% over the past year, underperforming other bank stocks by -14 percentage points.

Heritage Commerce has an average 1 year price target of $10.00, an upside of 29.87% from Heritage Commerce's current stock price of $7.70.

Heritage Commerce stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Heritage Commerce, 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.

2. Third Coast Bancshares (NASDAQ:TCBX)


Third Coast Bancshares (NASDAQ:TCBX) is the second best bank stock with a Zen Score of 60, which is 22 points higher than the bank industry average of 38. It passed 20 out of 33 due diligence checks and has strong fundamentals. Third Coast Bancshares has seen its stock lose -29.05% over the past year, underperforming other bank stocks by -11 percentage points.

Third Coast Bancshares has an average 1 year price target of $20.00, an upside of 19.55% from Third Coast Bancshares's current stock price of $16.73.

Third Coast Bancshares stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Third Coast Bancshares, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Seacoast Banking Of Florida (NASDAQ:SBCF)


Seacoast Banking Of Florida (NASDAQ:SBCF) is the third best bank stock with a Zen Score of 59, which is 21 points higher than the bank industry average of 38. It passed 21 out of 38 due diligence checks and has strong fundamentals. Seacoast Banking Of Florida has seen its stock lose -36.93% over the past year, underperforming other bank stocks by -19 percentage points.

Seacoast Banking Of Florida has an average 1 year price target of $26.00, an upside of 22.01% from Seacoast Banking Of Florida's current stock price of $21.31.

Seacoast Banking Of Florida stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Seacoast Banking Of Florida, 25% have issued a Strong Buy rating, 25% have issued a Buy, 50% 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 282 bank stocks that have issued dividends in the past year, the 3 bank stocks with the highest dividend yields are:

1. Credicorp (NYSE:BAP)


Credicorp (NYSE:BAP) has an annual dividend yield of N/A, which is N/A percentage points lower than the bank industry average of 4.25%. Credicorp's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Credicorp's dividend has shown consistent growth over the last 10 years.

Credicorp's dividend payout ratio of 24.7% indicates that its dividend yield is sustainable for the long-term.

2. John Marshall Bancorp (NASDAQ:JMSB)


John Marshall Bancorp (NASDAQ:JMSB) has an annual dividend yield of N/A, which is N/A percentage points lower than the bank industry average of 4.25%.

John Marshall Bancorp's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

3. Grupo Supervielle Sa (NYSE:SUPV)


Grupo Supervielle Sa (NYSE:SUPV) has an annual dividend yield of N/A, which is N/A percentage points lower than the bank industry average of 4.25%. Grupo Supervielle Sa's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Grupo Supervielle Sa's dividend has not shown consistent growth over the last 10 years.

Grupo Supervielle Sa's dividend payout ratio of -5.9% indicates that its dividend yield might not be sustainable for the long-term.

Why are bank stocks up?

Bank stocks were up 0.77% in the last day, and up 1.57% over the last week.

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

What are the most undervalued bank stocks?

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

1. Bcb Bancorp (NASDAQ:BCBP)


Bcb Bancorp (NASDAQ:BCBP) is the most undervalued bank stock based on WallStreetZen's Valuation Score. Bcb Bancorp has a valuation score of 100, which is 32 points higher than the bank industry average of 68. It passed 7 out of 7 valuation due diligence checks.

Bcb Bancorp's stock has dropped -44.39% in the past year. It has underperformed other stocks in the bank industry by -27 percentage points.

2. Business First Bancshares (NASDAQ:BFST)


Business First Bancshares (NASDAQ:BFST) is the second most undervalued bank stock based on WallStreetZen's Valuation Score. Business First Bancshares has a valuation score of 100, which is 32 points higher than the bank industry average of 68. It passed 7 out of 7 valuation due diligence checks.

Business First Bancshares's stock has dropped -32.3% in the past year. It has underperformed other stocks in the bank industry by -15 percentage points.

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


Bank Of The James Financial Group (NASDAQ:BOTJ) is the third most undervalued bank stock based on WallStreetZen's Valuation Score. Bank Of The James Financial Group has a valuation score of 100, which is 32 points higher than the bank industry average of 68. It passed 7 out of 7 valuation due diligence checks.

Bank Of The James Financial Group's stock has dropped -31.05% in the past year. It has underperformed other stocks in the bank industry by -13 percentage points.

Are bank stocks a good buy now?

41.86% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 29.39% 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 20.04x.
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.