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)
ATLO	AMES NATIONAL CORP	United States	$177.51M	8,992,167	26.47%	20.35%	Net Buying	Net Buying
PVBC	PROVIDENT BANCORP INC	United States	$156.81M	17,659,146	47.29%	36.31%	Net Buying	Net Selling
ASRV	AMERISERV FINANCIAL INC	United States	$43.04M	17,147,270	31.97%	31.44%	Net Buying	Net Buying
TCBC	TC BANCSHARES INC	United States	$59.03M	4,321,148	15.69%	7.61%	Net Buying
BAFN	BAYFIRST FINANCIAL CORP	United States	$53.34M	4,134,964	16.78%	19.18%	Net Buying	Net Buying
TBNK	TERRITORIAL BANCORP INC	United States	$62.40M	8,826,613	40.10%	12.04%	Net Selling	Net Selling
FSBC	FIVE STAR BANCORP	United States	$377.44M	17,353,369	46.05%	49.88%	Net Buying	Net Buying
TFC	TRUIST FINANCIAL CORP	United States	$50.94B	1,334,529,883	71.31%	1.00%	Net Selling	Net Selling
CLST	CATALYST BANCORP INC	United States	$53.52M	4,560,287	19.11%	7.01%	Net Buying
BSBR	BANCO SANTANDER (BRASIL) SA	Brazil	$39.90B	7,444,145,657	7.26%	0.00%
AMAL	AMALGAMATED FINANCIAL CORP	United States	$750.53M	30,509,410	50.11%	32.77%	Net Selling	Net Selling
SFST	SOUTHERN FIRST BANCSHARES INC	United States	$221.68M	8,156,109	77.30%	12.84%	Net Buying	Net Selling
BWB	BRIDGEWATER BANCSHARES INC	United States	$325.59M	27,709,819	46.70%	21.40%	Net Buying	Net Selling
HONE	HARBORONE BANCORP INC	United States	$464.13M	45,237,234	55.08%	4.49%	Net Buying	Net Buying
LSBK	LAKE SHORE BANCORP INC	United States	$65.38M	5,684,784	8.76%	72.78%	Net Buying	Net Buying
NYCB	NEW YORK COMMUNITY BANCORP INC	United States	$2.37B	797,921,126	62.62%	9.76%	Net Buying	Net Buying
KB	KB FINANCIAL GROUP INC	Republic Of Korea	$21.30B	389,634,335	5.82%	0.00%
JMSB	JOHN MARSHALL BANCORP INC	United States	$246.01M	14,171,106	39.23%	13.13%	Net Buying	Net Buying
SHFS	SHF HOLDINGS INC	United States	$41.85M	55,430,976	13.54%	58.29%	Net Buying
SBT	STERLING BANCORP INC	United States	$257.74M	52,068,213	15.03%	84.97%	Net Buying	Net Selling
LNKB	LINKBANCORP INC	United States	$250.23M	37,348,151	28.21%	33.67%	Net Buying
BANC	BANC OF CALIFORNIA INC	United States	$2.25B	157,271,581	86.70%	13.30%	Net Selling	Net Buying
CLBK	COLUMBIA FINANCIAL INC	United States	$1.77B	104,921,729	12.72%	63.32%	Net Buying	Net Buying
BSBK	BOGOTA FINANCIAL CORP	United States	$91.40M	13,246,147	7.91%	3.83%	Net Buying	Net Buying
BHRB	BURKE & HERBERT FINANCIAL SERVICES CORP	United States	$406.75M	7,440,025	26.29%	14.99%	Net Buying	Net Buying
CULL	CULLMAN BANCORP INC	United States	$74.69M	7,265,689	12.05%	17.73%	Net Buying
WMPN	WILLIAM PENN BANCORPORATION	United States	$115.19M	9,551,316	20.39%	10.32%	Net Selling
TFIN	TRIUMPH FINANCIAL INC	United States	$1.66B	23,334,719	85.69%	14.31%	Net Selling	Net Selling
CFSB	CFSB BANCORP INC	United States	$45.70M	6,632,642	1.39%	58.98%	Net Buying	Net Buying
MFG	MIZUHO FINANCIAL GROUP INC	Japan	$48.88B	2,539,249,894	3.20%	0.00%
CPBI	CENTRAL PLAINS BANCSHARES INC	United States	$41.80M	4,130,815	14.48%	4.83%
GBNY	GENERATIONS BANCORP NY INC	United States	$22.92M	2,241,801	27.09%	11.78%	Net Buying
HMST	HOMESTREET INC	United States	$227.23M	18,857,566	75.69%	18.56%	Net Buying	Net Buying
BRBS	BLUE RIDGE BANKSHARES INC	United States	$48.19M	19,198,379	58.39%	18.43%	Net Buying
FSEA	FIRST SEACOAST BANCORP INC	United States	$44.43M	5,077,164	30.22%	4.44%	Net Buying
BCOW	1895 BANCORP OF WISCONSIN INC	United States	$42.61M	6,044,196	28.68%	50.07%	Net Buying
NSTS	NSTS BANCORP INC	United States	$50.92M	5,315,261	15.55%	8.10%
CARV	CARVER BANCORP INC	United States	$7.98M	4,985,612	18.18%	4.64%	Net Buying	Net Buying
BLFY	BLUE FOUNDRY BANCORP	United States	$213.69M	24,338,092	48.45%	4.63%	Net Selling	Net Selling
SRBK	SR BANCORP INC	United States	$89.37M	9,507,930	15.72%	2.75%	Net Buying	Net Buying
KFFB	KENTUCKY FIRST FEDERAL BANCORP	United States	$31.54M	8,086,715	3.16%	70.03%
PNBK	PATRIOT NATIONAL BANCORP INC	United States	$13.46M	3,976,073	14.30%	85.70%
TCBS	TEXAS COMMUNITY BANCSHARES INC	United States	$45.36M	3,187,881	7.73%	22.76%	Net Buying	Net Buying
FFWM	FIRST FOUNDATION INC	United States	$343.32M	56,467,623	73.06%	25.44%	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 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.