WallStreetZenWallStreetZen

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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
BCBP
BCB BANCORP INC
United States
$160.42M16,957,39135.99%27.59%Net BuyingNet Buying
ACNB
ACNB CORP
United States
$290.54M8,505,31132.34%6.96%Net BuyingNet Buying
CAC
CAMDEN NATIONAL CORP
United States
$444.29M14,566,85068.81%6.26%Net BuyingNet Buying
RMBI
RICHMOND MUTUAL BANCORPORATION INC
United States
$120.16M11,115,88717.16%7.53%Net BuyingNet Buying
GABC
GERMAN AMERICAN BANCORP INC
United States
$954.11M29,584,70946.80%12.71%Net BuyingNet Selling
FHB
FIRST HAWAIIAN INC
United States
$2.79B127,622,50352.04%47.96%Net SellingNet Selling
OPHC
OPTIMUMBANK HOLDINGS INC
United States
$33.44M7,867,3866.31%93.69%Net Selling
BFC
BANK FIRST CORP
United States
$799.79M10,141,92629.98%9.64%Net BuyingNet Buying
CFFI
C & F FINANCIAL CORP
United States
$130.01M3,373,50337.19%10.63%Net SellingNet Selling
FBP
FIRST BANCORP
Puerto Rico
$2.88B167,317,82933.82%66.18%Net SellingNet Selling
FFIN
FIRST FINANCIAL BANKSHARES INC
United States
$4.33B142,751,86769.66%6.47%Net BuyingNet Buying
COLB
COLUMBIA BANKING SYSTEM INC
United States
$3.99B208,625,64988.79%1.46%Net BuyingNet Buying
NRIM
NORTHRIM BANCORP INC
United States
$269.59M5,499,57865.76%11.82%Net BuyingNet Buying
UNTY
UNITY BANCORP INC
United States
$280.10M10,141,04724.09%75.91%Net BuyingNet Selling
BMRC
BANK OF MARIN BANCORP
United States
$250.03M16,193,34252.25%9.55%Net BuyingNet Selling
MCBC
MACATAWA BANK CORP
United States
$489.31M34,361,56242.52%28.74%Net Selling
CATC
CAMBRIDGE BANCORP
United States
$504.37M7,846,51055.96%6.90%Net SellingNet Selling
FBMS
FIRST BANCSHARES INC
United States
$746.35M31,227,88164.00%12.33%Net SellingNet Selling
FCBC
FIRST COMMUNITY BANKSHARES INC
United States
$618.95M18,470,59630.83%69.17%Net Buying
LCNB
LCNB CORP
United States
$201.54M13,224,27634.72%11.48%Net BuyingNet Buying
MOFG
MIDWESTONE FINANCIAL GROUP INC
United States
$321.47M15,750,47163.72%36.28%Net BuyingNet Selling
BMA
MACRO BANK INC
Argentina
$3.29B639,413,4080.46%0.00%
FMNB
FARMERS NATIONAL BANC CORP
United States
$453.18M37,545,86438.79%18.94%Net BuyingNet Buying
VABK
VIRGINIA NATIONAL BANKSHARES CORP
United States
$137.45M5,390,38837.20%14.84%Net BuyingNet Buying
CATY
CATHAY GENERAL BANCORP
United States
$2.55B72,669,73874.96%15.44%Net SellingNet Selling
SMBK
SMARTFINANCIAL INC
United States
$352.42M17,058,11451.36%19.35%Net SellingNet Selling
PB
PROSPERITY BANCSHARES INC
United States
$5.94B93,529,54180.66%9.54%Net SellingNet Selling
FUNC
FIRST UNITED CORP
United States
$149.60M6,643,16133.25%13.95%Net BuyingNet Selling
NECB
NORTHEAST COMMUNITY BANCORP INC
United States
$223.36M14,065,79641.23%57.44%Net SellingNet Buying
AROW
ARROW FINANCIAL CORP
United States
$380.06M16,553,05846.64%8.50%Net BuyingNet Buying
SHBI
SHORE BANCSHARES INC
United States
$349.71M33,210,52254.29%11.30%Net BuyingNet Buying
AUB
ATLANTIC UNION BANKSHARES CORP
United States
$2.42B75,084,06672.23%27.77%Net SellingNet Selling
UMBF
UMB FINANCIAL CORP
United States
$4.05B48,741,90287.72%10.89%Net SellingNet Selling
SFBS
SERVISFIRST BANCSHARES INC
United States
$3.31B54,489,09068.78%17.55%Net Buying
MBCN
MIDDLEFIELD BANC CORP
United States
$176.88M8,069,14431.80%7.29%Net BuyingNet Buying
TSBK
TIMBERLAND BANCORP INC
United States
$205.10M8,122,90862.08%10.70%Net Buying
EGBN
EAGLE BANCORP INC
United States
$580.92M29,928,97770.20%29.80%Net SellingNet Selling
ECBK
ECB BANCORP INC
United States
$113.42M9,243,57822.79%7.58%Net Buying
FRAF
FRANKLIN FINANCIAL SERVICES CORP
United States
$133.27M4,383,72024.78%13.29%Net BuyingNet Buying
HMNF
HMN FINANCIAL INC
United States
$87.91M4,462,55559.98%18.91%Net Buying
CVLY
CODORUS VALLEY BANCORP INC
United States
$216.67M9,642,66952.04%7.56%Net BuyingNet Buying
FRME
FIRST MERCHANTS CORP
United States
$2.03B59,339,42673.91%3.46%Net BuyingNet Selling
CZFS
CITIZENS FINANCIAL SERVICES INC
United States
$188.28M4,706,99422.49%15.81%Net SellingNet Buying
PKBK
PARKE BANCORP INC
United States
$196.83M11,958,32144.46%24.90%Net SellingNet Selling
WAFD
WAFD INC
United States
$1.81B64,736,91683.80%4.84%Net Buying
LBAI
LAKELAND BANCORP INC
United States
$815.73M65,154,52659.46%13.95%Net SellingNet Selling
MNSB
MAINSTREET BANCSHARES INC
United States
$121.06M7,614,09055.05%11.47%Net BuyingNet Buying
SSB
SOUTHSTATE CORP
United States
$5.94B76,252,78689.70%3.96%Net SellingNet Selling
BFIN
BANKFINANCIAL CORP
United States
$125.23M12,460,67853.60%31.46%Net BuyingNet Buying
NFBK
NORTHFIELD BANCORP INC
United States
$378.84M44,464,64447.06%52.94%Net SellingNet Selling
OPOF
OLD POINT FINANCIAL CORP
United States
$73.34M5,040,39133.39%46.97%Net Buying
UBCP
UNITED BANCORP INC
United States
$72.97M5,702,6858.83%19.02%Net SellingNet Selling
HTH
HILLTOP HOLDINGS INC
United States
$1.98B65,266,91532.02%67.98%Net SellingNet Selling
NBTB
NBT BANCORP INC
United States
$1.70B47,152,13758.39%10.93%Net BuyingNet Selling
HTBI
HOMETRUST BANCSHARES INC
United States
$454.96M17,444,78755.65%16.02%Net BuyingNet Selling
FBNC
FIRST BANCORP
United States
$1.30B41,134,36068.27%9.48%Net SellingNet Buying
FCF
FIRST COMMONWEALTH FINANCIAL CORP
United States
$1.39B102,244,62272.50%7.73%Net SellingNet Buying
BCML
BAYCOM CORP
United States
$231.10M11,468,98257.09%6.84%
MBWM
MERCANTILE BANK CORP
United States
$583.26M16,116,62258.61%23.31%Net SellingNet Selling
RNST
RENASANT CORP
United States
$1.68B56,216,70277.21%9.67%Net SellingNet Selling
EBTC
ENTERPRISE BANCORP INC
United States
$305.74M12,278,64930.15%36.60%Net SellingNet Selling
CCNE
CNB FINANCIAL CORP
United States
$400.94M21,024,81255.19%11.73%Net BuyingNet Buying
CHCO
CITY HOLDING CO
United States
$1.54B14,816,77672.33%10.18%Net SellingNet Selling
HAFC
HANMI FINANCIAL CORP
United States
$478.83M30,267,11377.26%22.74%Net SellingNet Selling
DB
DEUTSCHE BANK AKTIENGESELLSCHAFT
United States
$35.40B1,992,047,85028.97%0.00%
FXNC
FIRST NATIONAL CORP
United States
$94.35M6,277,37333.83%44.27%Net BuyingNet Selling
CWBC
COMMUNITY WEST BANCSHARES
United States
$210.96M11,831,69437.64%62.36%Net BuyingNet Buying
CFB
CROSSFIRST BANKSHARES INC
United States
$617.31M49,345,27956.27%17.45%Net SellingNet Selling
CTBI
COMMUNITY TRUST BANCORP INC
United States
$768.41M18,020,84960.12%20.91%Net BuyingNet Buying
LYG
LLOYDS BANKING GROUP PLC
United Kingdom
$41.48B63,569,225,6620.59%0.00%
EBMT
EAGLE BANCORP MONTANA INC
United States
$102.45M8,016,78435.63%15.44%Net SellingNet Selling
IBN
ICICI BANK LTD
India
$92.63B6,982,815,7319.06%0.00%
SSBK
SOUTHERN STATES BANCSHARES INC
United States
$215.93M8,871,50054.17%13.95%Net BuyingNet Buying
SRCE
1ST SOURCE CORP
United States
$1.21B24,489,69456.65%43.35%Net BuyingNet Buying
PWOD
PENNS WOODS BANCORP INC
United States
$131.61M7,513,89827.94%7.78%Net BuyingNet Buying
PFS
PROVIDENT FINANCIAL SERVICES INC
United States
$1.15B75,984,17571.57%9.16%Net SellingNet Selling
SFNC
SIMMONS FIRST NATIONAL CORP
United States
$2.19B125,327,68467.29%2.86%Net BuyingNet Buying
BRKL
BROOKLINE BANCORP INC
United States
$740.94M88,894,57778.83%5.91%Net SellingNet Selling
HOPE
HOPE BANCORP INC
United States
$1.32B120,127,88582.91%17.09%Net BuyingNet Buying
BSVN
BANK7 CORP
United States
$253.68M9,238,2068.64%91.36%Net SellingNet Selling
PBHC
PATHFINDER BANCORP INC
United States
$77.22M6,100,07114.40%27.29%Net BuyingNet Buying
BCH
BANK OF CHILE
Chile
$11.21B101,017,081,1140.01%0.00%
FHN
FIRST HORIZON CORP
United States
$8.28B558,807,80679.94%2.97%Net SellingNet Selling
BVFL
BV FINANCIAL INC
United States
$119.45M11,375,80334.99%7.23%Net Buying
FIBK
FIRST INTERSTATE BANCSYSTEM INC
United States
$2.81B103,935,84479.07%20.93%Net SellingNet Selling
UBSI
UNITED BANKSHARES INC
United States
$4.50B134,952,67870.98%2.97%Net SellingNet Selling
UNB
UNION BANKSHARES INC
United States
$127.04M4,519,38414.55%85.45%Net BuyingNet Buying
CBSH
COMMERCE BANCSHARES INC
United States
$7.20B129,877,14670.26%5.29%Net SellingNet Selling
PBBK
PB BANKSHARES INC
United States
$32.04M2,634,9678.05%10.41%Net BuyingNet Buying
BSAC
BANCO SANTANDER CHILE
Chile
$10.28B188,446,126,7940.02%0.00%
FMAO
FARMERS & MERCHANTS BANCORP INC
United States
$296.79M13,664,34523.95%18.06%Net BuyingNet Buying
SASR
SANDY SPRING BANCORP INC
United States
$965.76M44,940,14766.84%1.44%Net BuyingNet Selling
HBT
HBT FINANCIAL INC
United States
$597.74M31,643,20623.78%63.07%Net BuyingNet Buying
FNB
FNB CORP
United States
$4.93B358,945,53179.21%2.46%Net BuyingNet Buying
HTLF
HEARTLAND FINANCIAL USA INC
United States
$1.52B42,689,05871.48%8.10%Net SellingNet Selling
TRMK
TRUSTMARK CORP
United States
$1.84B61,084,29967.66%7.33%Net SellingNet Selling
MRBK
MERIDIAN CORP
United States
$101.79M11,185,51545.77%11.42%Net BuyingNet Buying
BSRR
SIERRA BANCORP
United States
$303.16M14,788,12155.07%41.30%Net SellingNet Selling
RVSB
RIVERVIEW BANCORP INC
United States
$93.94M21,111,04364.58%30.76%Net BuyingNet Buying
TCBK
TRICO BANCSHARES
United States
$1.13B33,268,10239.02%60.98%Net SellingNet 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 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 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. 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 4.24% in the past year. It has underperformed other stocks in the bank industry by -15 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.