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)
WBS	WEBSTER FINANCIAL CORP	United States	$7.73B	171,753,097	86.46%	4.76%	Net Selling	Net Selling
ORRF	ORRSTOWN FINANCIAL SERVICES INC	United States	$283.47M	10,705,077	44.25%	11.18%	Net Selling	Net Selling
CBFV	CB FINANCIAL SERVICES INC	United States	$116.39M	5,143,123	33.38%	16.34%	Net Buying
BBD	BANK BRADESCO	Brazil	$28.95B	10,642,170,228	8.73%	0.00%
SMBC	SOUTHERN MISSOURI BANCORP INC	United States	$464.90M	11,355,762	49.47%	24.54%	Net Buying	Net Buying
MVBF	MVB FINANCIAL CORP	United States	$252.13M	12,837,383	47.62%	24.62%	Net Buying
HDB	HDFC BANK LTD	India	$108.40B	5,579,742,786	5.87%	0.00%
CASH	PATHWARD FINANCIAL INC	United States	$1.33B	25,490,775	88.39%	11.61%	Net Selling	Net Selling
SBCF	SEACOAST BANKING CORP OF FLORIDA	United States	$1.98B	84,889,092	62.07%	37.93%	Net Buying	Net Buying
MTB	M&T BANK CORP	United States	$24.39B	166,624,291	84.70%	8.52%	Net Selling	Net Selling
FUSB	FIRST US BANCSHARES INC	United States	$57.12M	5,787,118	15.86%	17.88%	Net Buying	Net Selling
ITUB	ITAU UNIBANCO HOLDING SA	Brazil	$61.77B	9,804,135,348	8.54%	0.00%
WABC	WESTAMERICA BANCORPORATION	United States	$1.27B	26,671,215	76.23%	17.00%	Net Selling	Net Selling
HBAN	HUNTINGTON BANCSHARES INC	United States	$19.63B	1,448,345,863	80.81%	2.28%	Net Selling	Net Selling
TCBX	THIRD COAST BANCSHARES INC	United States	$270.78M	13,607,107	36.86%	8.74%	Net Buying	Net Buying
IFS	INTERCORP FINANCIAL SERVICES INC	Peru	$2.50B	115,447,000	7.78%	22.83%
OVLY	OAK VALLEY BANCORP	United States	$201.86M	8,293,168	30.84%	33.33%	Net Selling	Net Buying
BLX	FOREIGN TRADE BANK OF LATIN AMERICA INC	Panama	$1.08B	36,539,861	7.02%	0.00%
CFG	CITIZENS FINANCIAL GROUP INC	United States	$16.13B	458,756,723	94.65%	1.13%	Net Selling	Net Selling
PFC	PREMIER FINANCIAL CORP	United States	$705.66M	35,729,694	66.08%	4.55%	Net Selling	Net Selling
FCNCA	FIRST CITIZENS BANCSHARES INC	United States	$25.48B	14,524,615	37.81%	62.19%	Net Selling	Net Selling
CCBG	CAPITAL CITY BANK GROUP INC	United States	$457.81M	16,943,238	20.65%	79.35%	Net Buying	Net Buying
MCB	METROPOLITAN BANK HOLDING CORP	United States	$467.23M	11,090,229	79.83%	11.38%	Net Buying	Net Selling
TBBK	BANCORP INC	United States	$1.62B	52,748,985	87.06%	12.94%	Net Selling	Net Selling
SPFI	SOUTH PLAINS FINANCIAL INC	United States	$426.10M	16,432,851	31.07%	53.42%	Net Selling	Net Selling
BY	BYLINE BANCORP INC	United States	$966.57M	44,378,792	32.47%	67.53%	Net Buying	Net Selling
OPBK	OP BANCORP	United States	$139.69M	14,956,399	45.11%	27.45%	Net Buying	Net Buying
SNV	SYNOVUS FINANCIAL CORP	United States	$5.39B	146,399,324	83.81%	11.45%	Net Buying	Net Buying
MSBI	MIDLAND STATES BANCORP INC	United States	$480.83M	21,503,989	61.39%	13.99%	Net Buying	Net Buying
VLY	VALLEY NATIONAL BANCORP	United States	$3.73B	508,884,645	60.99%	17.46%	Net Buying	Net Buying
USB	US BANCORP	United States	$64.07B	1,558,133,431	77.70%	19.88%	Net Selling	Net Selling
CBAN	COLONY BANKCORP INC	United States	$189.63M	17,558,611	52.99%	19.26%	Net Selling	Net Buying
OSBC	OLD SECOND BANCORP INC	United States	$628.56M	44,801,278	67.76%	10.03%	Net Selling	Net Selling
INTR	INTER & CO INC	Brazil	$2.09B	401,873,146	17.54%	0.00%
ESQ	ESQUIRE FINANCIAL HOLDINGS INC	United States	$406.80M	8,281,789	54.12%	33.78%	Net Selling	Net Selling
VBTX	VERITEX HOLDINGS INC	United States	$1.10B	54,495,326	88.26%	8.86%	Net Selling	Net Selling
ASB	ASSOCIATED BANC-CORP	United States	$3.26B	151,087,726	82.92%	4.95%	Net Buying	Net Buying
HTBK	HERITAGE COMMERCE CORP	United States	$489.36M	61,169,473	73.09%	22.11%	Net Buying	Net Selling
ONB	OLD NATIONAL BANCORP	United States	$4.85B	292,704,000	83.60%	1.69%	Net Selling	Net Selling
EBC	EASTERN BANKSHARES INC	United States	$2.30B	176,426,993	63.17%	1.68%	Net Selling	Net Selling
SMMF	SUMMIT FINANCIAL GROUP INC	United States	$403.07M	14,683,729	35.73%	27.38%	Net Buying	Net Buying
INDB	INDEPENDENT BANK CORP	United States	$2.24B	42,445,920	83.32%	6.59%	Net Buying	Net Selling
FBIZ	FIRST BUSINESS FINANCIAL SERVICES INC	United States	$283.81M	8,288,707	62.28%	23.49%	Net Selling	Net Selling
CFR	CULLEN/FROST BANKERS INC	United States	$6.88B	64,254,270	81.10%	10.93%	Net Selling	Net Selling
FSBW	FS BANCORP INC	United States	$245.65M	7,805,795	57.85%	11.19%	Net Selling	Net Buying
QCRH	QCR HOLDINGS INC	United States	$943.93M	16,792,880	69.97%	11.13%	Net Buying	Net Buying
UBFO	UNITED SECURITY BANCSHARES	United States	$127.69M	17,255,505	30.67%	69.17%	Net Selling	Net Buying
CIVB	CIVISTA BANCSHARES INC	United States	$232.95M	15,687,162	52.08%	24.58%	Net Buying	Net Buying
ABCB	AMERIS BANCORP	United States	$3.31B	69,030,167	92.07%	7.93%	Net Selling	Net Selling
WSFS	WSFS FINANCIAL CORP	United States	$2.58B	60,280,040	88.33%	10.31%	Net Buying	Net Buying
FBK	FB FINANCIAL CORP	United States	$1.78B	46,858,267	65.37%	25.83%	Net Buying	Net Selling
PLBC	PLUMAS BANCORP	United States	$208.19M	5,894,395	37.43%	54.92%	Net Buying	Net Buying
KEY	KEYCORP	United States	$13.73B	933,841,692	79.52%	1.19%	Net Selling	Net Selling
BKU	BANKUNITED INC	United States	$2.04B	74,756,756	62.73%	37.27%	Net Selling	Net Selling
STBA	S&T BANCORP INC	United States	$1.18B	38,233,365	65.11%	6.06%	Net Buying	Net Buying
FITB	FIFTH THIRD BANCORP	United States	$25.14B	681,221,886	83.79%	6.59%	Net Selling	Net Selling
IBOC	INTERNATIONAL BANCSHARES CORP	United States	$3.49B	62,168,232	62.79%	37.21%	Net Selling	Net Selling
BCAL	SOUTHERN CALIFORNIA BANCORP	United States	$260.62M	18,431,409	41.48%	58.52%	Net Buying	Net Buying
FCAP	FIRST CAPITAL INC	United States	$96.32M	3,353,810	11.63%	9.51%	Net Buying	Net Buying
CMA	COMERICA INC	United States	$6.90B	132,587,251	80.55%	3.19%	Net Selling	Net Selling
FFBC	FIRST FINANCIAL BANCORP	United States	$2.15B	95,074,325	77.15%	4.46%	Net Selling	Net Selling
EVBN	EVANS BANCORP INC	United States	$143.61M	5,508,593	61.61%	26.69%	Net Buying	Net Selling
CZWI	CITIZENS COMMUNITY BANCORP INC	United States	$108.33M	10,456,880	52.98%	41.59%	Net Buying	Net Buying
NBHC	NATIONAL BANK HOLDINGS CORP	United States	$1.27B	37,785,081	86.37%	13.63%	Net Selling	Net Selling
EFSC	ENTERPRISE FINANCIAL SERVICES CORP	United States	$1.45B	37,491,713	72.09%	19.65%	Net Selling	Net Selling
RF	REGIONS FINANCIAL CORP	United States	$18.03B	918,864,048	79.36%	2.16%	Net Selling	Net Selling
HOMB	HOME BANCSHARES INC	United States	$4.91B	201,136,052	64.08%	35.92%	Net Selling	Net Buying
NEWT	NEWTEKONE INC	United States	$271.80M	24,708,771	37.85%	61.68%	Net Buying	Net Selling
CFBK	CF BANKSHARES INC	United States	$116.49M	6,341,297	24.24%	53.75%	Net Buying	Net Selling
LOB	LIVE OAK BANCSHARES INC	United States	$1.49B	44,769,239	53.58%	46.42%	Net Selling	Net Buying
LARK	LANDMARK BANCORP INC	United States	$103.91M	5,468,867	15.85%	26.56%	Net Buying
PBFS	PIONEER BANCORP INC	United States	$233.80M	25,977,679	24.00%	0.02%
OFG	OFG BANCORP	Puerto Rico	$1.71B	47,078,556	90.05%	9.95%	Net Selling	Net Selling
CCB	COASTAL FINANCIAL CORP	United States	$543.33M	13,382,515	59.23%	32.26%	Net Selling	Net Buying
BFST	BUSINESS FIRST BANCSHARES INC	United States	$523.86M	25,356,393	47.34%	26.79%	Net Buying	Net Buying
BOTJ	BANK OF THE JAMES FINANCIAL GROUP INC	United States	$46.11M	4,543,338	18.61%	22.04%	Net Buying	Net Buying
WTFC	WINTRUST FINANCIAL CORP	United States	$6.09B	61,472,818	94.40%	3.05%	Net Buying	Net Selling
BANF	BANCFIRST CORP	United States	$2.93B	32,936,410	37.83%	62.17%	Net Selling	Net Selling
AX	AXOS FINANCIAL INC	United States	$3.02B	56,898,609	67.04%	32.96%	Net Selling	Net Selling
STEL	STELLAR BANCORP INC	United States	$1.20B	53,556,949	53.86%	24.94%	Net Buying	Net Buying
IBTX	INDEPENDENT BANK GROUP INC	United States	$1.63B	41,379,492	74.82%	25.18%	Net Buying	Net Selling
ESSA	ESSA BANCORP INC	United States	$168.18M	10,131,521	43.83%	17.75%	Net Buying
CIB	BANCOLOMBIA SA	Colombia	$7.89B	961,827,000	2.50%	0.00%
FINW	FINWISE BANCORP	United States	$136.52M	12,818,944	22.13%	37.05%	Net Buying	Net Buying
DCOM	DIME COMMUNITY BANCSHARES INC	United States	$740.82M	38,826,981	75.34%	11.71%	Net Selling	Net Selling
PEBO	PEOPLES BANCORP INC	United States	$1.06B	35,493,152	55.46%	7.13%	Net Buying	Net Buying
HBCP	HOME BANCORP INC	United States	$289.95M	8,149,308	42.54%	19.39%	Net Selling
PNFP	PINNACLE FINANCIAL PARTNERS INC	United States	$6.18B	76,939,919	87.44%	5.10%	Net Selling	Net Selling
AVAL	GRUPO AVAL ACCIONES Y VALORES SA	Colombia	$2.88B	23,743,475,754	0.01%	0.00%
HBNC	HORIZON BANCORP INC	United States	$514.34M	44,111,174	64.46%	15.30%	Net Selling	Net Selling
BWFG	BANKWELL FINANCIAL GROUP INC	United States	$189.23M	7,937,477	35.77%	39.11%	Net Selling	Net Selling
TRST	TRUSTCO BANK CORP N Y	United States	$515.18M	19,024,433	68.51%	26.65%	Net Selling	Net Buying
UCBI	UNITED COMMUNITY BANKS INC	United States	$3.09B	119,080,859	82.28%	12.64%	Net Selling	Net Selling
RBCAA	REPUBLIC BANCORP INC	United States	$979.84M	19,402,848	16.37%	83.63%	Net Buying	Net Selling
MBIN	MERCHANTS BANCORP	United States	$1.69B	43,331,304	26.80%	73.20%	Net Selling	Net Selling
CBNK	CAPITAL BANCORP INC	United States	$272.23M	13,903,570	30.29%	44.43%	Net Buying	Net Buying
SYBT	STOCK YARDS BANCORP INC	United States	$1.35B	29,333,362	56.51%	9.80%	Net Buying	Net Buying
FISI	FINANCIAL INSTITUTIONS INC	United States	$271.19M	15,408,580	60.42%	10.73%	Net Buying	Net Selling
BCBP	BCB BANCORP INC	United States	$160.42M	16,957,391	35.99%	27.59%	Net Buying	Net Buying
PPBI	PACIFIC PREMIER BANCORP INC	United States	$2.12B	96,431,504	92.41%	6.30%	Net Selling	Net Selling

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 61, which is 28 points higher than the bank industry average of 33. It passed 22 out of 38 due diligence checks and has strong fundamentals. Webster Financial has seen its stock return 22.46% over the past year, overperforming other bank stocks by 4 percentage points.

Webster Financial has an average 1 year price target of $59.00, an upside of 31.02% from Webster Financial's current stock price of $45.03.

Webster Financial stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Webster Financial, 63.64% have issued a Strong Buy rating, 36.36% 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 42.75% over the past year, overperforming other bank stocks by 24 percentage points.

Orrstown Financial Services has an average 1 year price target of $32.00, an upside of 20.85% from Orrstown Financial Services's current stock price of $26.48.

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 5.01% 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 8.26% from Cb Financial Services's current stock price of $22.63.

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 3.85%.

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 18.86%, which is 15 percentage points higher than the bank industry average of 3.85%. 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 10.79%, which is 7 percentage points higher than the bank industry average of 3.85%. 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 down?

Bank stocks were down -0.44% in the last day, and up 2.7% 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. First Business Financial Services (NASDAQ:FBIZ)

First Business Financial Services (NASDAQ:FBIZ) is the most undervalued bank stock based on WallStreetZen's Valuation Score. First Business Financial Services 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 Business Financial Services's stock has gained 21.38% in the past year. It has overperformed other stocks in the bank industry by 2 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 35.76% in the past year. It has overperformed other stocks in the bank industry by 17 percentage points.

3. Southern Missouri Bancorp (NASDAQ:SMBC)

Southern Missouri Bancorp (NASDAQ:SMBC) is the third most undervalued bank stock based on WallStreetZen's Valuation Score. Southern Missouri 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.

Southern Missouri Bancorp's stock has gained 16.14% in the past year. It has underperformed other stocks in the bank industry by -3 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 13.54% 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 -9.61x.

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.