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)
HFWA	HERITAGE FINANCIAL CORP	United States	$623.77M	34,906,233	78.21%	5.96%	Net Buying	Net Buying
BUSE	FIRST BUSEY CORP	United States	$1.26B	55,247,094	43.74%	56.26%	Net Buying	Net Selling
WAL	WESTERN ALLIANCE BANCORPORATION	United States	$6.47B	110,180,344	70.13%	29.87%	Net Selling	Net Selling
HWC	HANCOCK WHITNEY CORP	United States	$4.04B	86,347,503	81.39%	7.60%	Net Buying	Net Buying
CNOB	CONNECTONE BANCORP INC	United States	$702.79M	38,404,043	60.01%	39.99%	Net Selling	Net Selling
FNLC	FIRST BANCORP INC	United States	$250.98M	11,130,147	40.41%	18.64%	Net Buying	Net Selling
BPOP	POPULAR INC	Puerto Rico	$6.26B	72,254,015	76.25%	23.75%	Net Buying	Net Buying
CBU	COMMUNITY BANK SYSTEM INC	United States	$2.38B	53,328,534	73.73%	10.77%	Net Selling	Net Buying
BPRN	PRINCETON BANCORP INC	United States	$190.43M	6,337,105	43.34%	19.99%	Net Selling	Net Buying
PFIS	PEOPLES FINANCIAL SERVICES CORP	United States	$270.21M	7,058,749	31.78%	19.84%	Net Buying	Net Selling
SBSI	SOUTHSIDE BANCSHARES INC	United States	$825.86M	30,284,712	55.54%	11.53%	Net Buying	Net Selling
FCCO	FIRST COMMUNITY CORP	United States	$127.94M	7,629,005	55.98%	17.76%	Net Selling	Net Selling
PEBK	PEOPLES BANCORP OF NORTH CAROLINA INC	United States	$158.17M	5,455,999	36.31%	63.69%	Net Selling	Net Selling
WNEB	WESTERN NEW ENGLAND BANCORP INC	United States	$139.20M	21,581,759	55.35%	15.92%	Net Buying	Net Buying
CVBF	CVB FINANCIAL CORP	United States	$2.30B	139,374,072	74.11%	23.49%	Net Buying	Net Buying
EBMT	EAGLE BANCORP MONTANA INC	United States	$102.45M	8,016,784	35.63%	15.44%	Net Selling	Net Selling
FLIC	FIRST OF LONG ISLAND CORP	United States	$235.86M	22,462,725	48.33%	17.63%	Net Selling	Net Selling
VBNK	VERSABANK	Canada	$259.12M	25,964,424	24.07%	0.00%
WASH	WASHINGTON TRUST BANCORP INC	United States	$445.25M	17,033,173	66.10%	23.58%	Net Selling	Net Selling
WSBC	WESBANCO INC	United States	$1.63B	59,377,435	61.13%	6.99%	Net Buying	Net Buying
AFBI	AFFINITY BANCSHARES INC	United States	$107.61M	6,416,628	17.75%	23.66%	Net Buying
OCFC	OCEANFIRST FINANCIAL CORP	United States	$906.12M	58,953,536	70.92%	7.52%	Net Selling	Net Selling
RRBI	RED RIVER BANCSHARES INC	United States	$334.83M	7,092,448	21.39%	27.80%	Net Selling	Net Selling
TCBI	TEXAS CAPITAL BANCSHARES INC	United States	$2.70B	46,653,108	89.69%	10.31%	Net Buying	Net Selling
NWFL	NORWOOD FINANCIAL CORP	United States	$197.64M	8,110,156	28.09%	15.10%	Net Buying	Net Buying
BOH	BANK OF HAWAII CORP	United States	$2.33B	39,695,792	81.95%	3.91%	Net Selling	Net Selling
FNCB	FNCB BANCORP INC	United States	$110.46M	19,794,996	13.32%	33.58%	Net Buying	Net Buying
BANR	BANNER CORP	United States	$1.56B	34,348,455	86.68%	13.32%	Net Buying	Net Buying
CALB	CALIFORNIA BANCORP	United States	$185.85M	8,413,312	56.95%	12.13%	Net Buying	Net Selling
CPF	CENTRAL PACIFIC FINANCIAL CORP	United States	$544.09M	27,042,326	46.66%	53.34%	Net Selling	Net Selling
IBCP	INDEPENDENT BANK CORP	United States	$522.43M	20,905,513	79.38%	5.72%	Net Selling	Net Buying
GCBC	GREENE COUNTY BANCORP INC	United States	$510.63M	17,026,828	13.39%	7.28%	Net Selling
MPB	MID PENN BANCORP INC	United States	$345.73M	16,573,707	43.34%	34.43%	Net Buying	Net Buying
ALRS	ALERUS FINANCIAL CORP	United States	$400.68M	19,737,829	45.40%	8.66%	Net Buying	Net Selling
BHB	BAR HARBOR BANKSHARES	United States	$387.37M	15,185,021	54.55%	6.85%	Net Selling	Net Selling
COFS	CHOICEONE FINANCIAL SERVICES INC	United States	$184.29M	7,552,919	19.90%	29.90%	Net Buying	Net Buying
PDLB	PONCE FINANCIAL GROUP INC	United States	$193.89M	23,790,497	46.54%	9.48%	Net Buying
THFF	FIRST FINANCIAL CORP	United States	$435.47M	11,814,093	72.55%	16.33%	Net Buying	Net Buying
UVSP	UNIVEST FINANCIAL CORP	United States	$626.89M	29,528,633	74.86%	8.31%	Net Selling	Net Selling
SFBC	SOUND FINANCIAL BANCORP INC	United States	$100.17M	2,558,546	42.41%	28.60%	Net Buying	Net Buying
CUBI	CUSTOMERS BANCORP INC	United States	$1.47B	31,484,886	85.54%	11.81%	Net Selling	Net Buying
MGYR	MAGYAR BANCORP INC	United States	$75.79M	6,653,933	30.55%	62.27%	Net Buying	Net Buying
WTBA	WEST BANCORPORATION INC	United States	$280.96M	16,813,952	43.81%	12.63%	Net Selling	Net Selling
BYFC	BROADWAY FINANCIAL CORP	United States	$47.79M	9,278,699	10.74%	89.26%	Net Buying	Net Buying
OBT	ORANGE COUNTY BANCORP INC	United States	$253.91M	5,657,458	44.77%	11.55%	Net Selling	Net Selling
CZNC	CITIZENS & NORTHERN CORP	United States	$275.11M	15,378,065	30.82%	8.25%	Net Buying	Net Buying
CHMG	CHEMUNG FINANCIAL CORP	United States	$204.56M	4,750,674	36.24%	63.76%	Net Buying	Net Selling
PROV	PROVIDENT FINANCIAL HOLDINGS INC	United States	$89.35M	6,926,696	52.12%	24.28%
HWBK	HAWTHORN BANCSHARES INC	United States	$132.62M	7,020,548	20.96%	27.31%	Net Buying	Net Buying
OVBC	OHIO VALLEY BANC CORP	United States	$111.60M	4,793,674	14.90%	20.96%	Net Buying	Net Buying
SUPV	GRUPO SUPERVIELLE SA	Argentina	$533.86M	442,671,830	1.53%	0.00%
VBFC	VILLAGE BANK & TRUST FINANCIAL CORP	United States	$63.22M	1,492,879	10.01%	89.99%	Net Buying	Net Buying
RBB	RBB BANCORP	United States	$336.22M	18,621,781	40.13%	19.37%	Net Buying	Net Buying
FSFG	FIRST SAVINGS FINANCIAL GROUP INC	United States	$109.57M	6,883,160	25.85%	24.81%	Net Buying
FMBH	FIRST MID BANCSHARES INC	United States	$752.76M	23,889,515	47.57%	25.13%	Net Buying	Net Buying
PRK	PARK NATIONAL CORP	United States	$2.16B	16,116,479	53.51%	11.09%	Net Selling	Net Selling
FGBI	FIRST GUARANTY BANCSHARES INC	United States	$129.74M	12,504,717	4.68%	95.32%	Net Buying	Net Buying
AUBN	AUBURN NATIONAL BANCORPORATION INC	United States	$60.62M	3,493,674	8.57%	85.54%	Net Buying	Net Buying
HNVR	HANOVER BANCORP INC	United States	$118.92M	7,229,404	15.00%	27.64%	Net Buying	Net Buying
NBBK	NB BANCORP INC	United States	$620.09M	42,705,729	6.03%	1.74%	Net Buying	Net Buying
LKFN	LAKELAND FINANCIAL CORP	United States	$1.52B	25,505,987	82.53%	5.67%	Net Selling	Net Selling
FFNW	FIRST FINANCIAL NORTHWEST INC	United States	$187.89M	9,174,425	40.67%	17.40%	Net Buying	Net Selling
ISTR	INVESTAR HOLDING CORP	United States	$159.35M	9,781,946	52.95%	14.47%	Net Buying	Net Selling
SBFG	SB FINANCIAL GROUP INC	United States	$93.06M	6,787,451	49.42%	12.37%	Net Selling	Net Selling
GNTY	GUARANTY BANCSHARES INC	United States	$343.04M	11,534,691	24.84%	36.11%	Net Buying	Net Buying
IROQ	IF BANCORP INC	United States	$55.00M	3,354,626	26.01%	15.51%	Net Buying
FFIC	FLUSHING FINANCIAL CORP	United States	$330.50M	29,067,712	61.70%	14.58%	Net Selling	Net Selling
BHLB	BERKSHIRE HILLS BANCORP INC	United States	$964.10M	43,624,434	83.00%	13.52%	Net Selling	Net Selling
FRST	PRIMIS FINANCIAL CORP	United States	$251.01M	24,681,764	74.82%	15.65%	Net Buying	Net Buying
NKSH	NATIONAL BANKSHARES INC	United States	$160.02M	5,893,782	29.53%	11.72%	Net Buying
FVCB	FVCBANKCORP INC	United States	$201.83M	17,877,051	43.45%	15.19%	Net Selling	Net Selling
WSBF	WATERSTONE FINANCIAL INC	United States	$236.42M	20,052,831	51.36%	11.83%	Net Selling	Net Selling
INBK	FIRST INTERNET BANCORP	United States	$268.76M	8,655,854	65.29%	10.92%	Net Buying	Net Selling
BOKF	BOK FINANCIAL CORP	United States	$5.91B	65,064,299	30.22%	69.78%	Net Selling	Net Selling
FNWB	FIRST NORTHWEST BANCORP	United States	$106.52M	9,443,271	56.17%	12.17%	Net Buying	Net Buying
RBKB	RHINEBECK BANCORP INC	United States	$84.26M	11,072,607	14.36%	3.65%	Net Selling
PNC	PNC FINANCIAL SERVICES GROUP INC	United States	$62.10B	397,808,112	83.64%	0.88%	Net Buying	Net Buying
MCBS	METROCITY BANKSHARES INC	United States	$606.70M	25,205,506	20.27%	40.74%	Net Buying
NWBI	NORTHWEST BANCSHARES INC	United States	$1.38B	127,112,705	66.25%	28.66%	Net Buying	Net Selling
GSBC	GREAT SOUTHERN BANCORP INC	United States	$618.41M	11,732,357	41.66%	57.42%	Net Selling	Net Buying
PCB	PCB BANCORP	United States	$220.65M	14,263,140	33.03%	24.06%	Net Buying	Net Buying
GBCI	GLACIER BANCORP INC	United States	$4.21B	113,368,242	80.47%	4.66%	Net Buying
FDBC	FIDELITY D & D BANCORP INC	United States	$263.31M	5,734,097	15.71%	84.29%	Net Buying	Net Buying
KRNY	KEARNY FINANCIAL CORP	United States	$368.58M	64,436,995	63.49%	10.01%	Net Buying	Net Buying
ZION	ZIONS BANCORPORATION NATIONAL ASSOCIATION	United States	$6.19B	148,155,311	79.09%	4.14%	Net Buying	Net Buying
SHG	SHINHAN FINANCIAL GROUP CO LTD	Republic Of Korea	$17.52B	512,759,471	2.79%	0.00%
BAP	CREDICORP LTD	Bermuda	$15.77B	94,382,317	58.25%	0.00%
WF	WOORI FINANCIAL GROUP INC	Republic Of Korea	$7.53B	728,058,225	0.68%	0.00%
NIC	NICOLET BANKSHARES INC	United States	$1.19B	14,904,370	43.03%	16.77%	Net Buying	Net Buying
AMTB	AMERANT BANCORP INC	United States	$725.02M	33,596,687	41.99%	6.90%	Net Selling	Net Selling
FULT	FULTON FINANCIAL CORP	United States	$2.53B	162,018,497	71.96%	5.88%	Net Selling
EQBK	EQUITY BANCSHARES INC	United States	$514.24M	15,437,891	65.27%	22.82%	Net Buying	Net Buying
GLBZ	GLEN BURNIE BANCORP	United States	$14.52M	2,887,467	5.50%	18.52%	Net Buying	Net Buying
CFFN	CAPITOL FEDERAL FINANCIAL INC	United States	$643.26M	133,732,975	63.78%	36.22%	Net Buying	Net Buying
TFSL	TFS FINANCIAL CORP	United States	$3.42B	280,710,854	9.80%	1.33%	Net Selling	Net Selling
TMP	TOMPKINS FINANCIAL CORP	United States	$667.44M	14,406,118	64.13%	10.14%	Net Buying	Net Buying
FNWD	FINWARD BANCORP	United States	$105.33M	4,299,092	26.60%	30.00%	Net Buying	Net Buying
MYFW	FIRST WESTERN FINANCIAL INC	United States	$157.31M	9,621,310	55.98%	23.88%	Net Selling	Net Selling
PVBC	PROVIDENT BANCORP INC	United States	$156.81M	17,659,146	47.29%	36.31%	Net Buying	Net Selling
USCB	USCB FINANCIAL HOLDINGS INC	United States	$210.85M	19,650,463	61.00%	24.57%	Net Buying	Net Buying

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.