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Sectors & IndustriesFinancial Services
Best Financial Stocks to Buy Now (2023)
Top financial stocks in 2023 ranked by overall Zen Score. See the best financial stocks to buy now, according to analyst forecasts for the financial services sector.

Sector: Financial Services
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
ABCB
AMERIS BANCORP
NASDAQ
Banks - Regional
$2.94B$42.58-0.14%$420.78M10.31x6.68
DCOM
DIME COMMUNITY BANCSHARES INC
NASDAQ
Banks - Regional
$780.30M$20.10-1.86%$173.23M6.91x10.34
GROW
U S GLOBAL INVESTORS INC
NASDAQ
Asset Management
$42.21M$2.95-1.67%$3.84M13.41x0.07
HTBK
HERITAGE COMMERCE CORP
NASDAQ
Banks - Regional
$518.73M$8.49-0.59%$105.00M7.19x7.16
FBMS
FIRST BANCSHARES INC
NASDAQ
Banks - Regional
$797.46M$25.65-1.12%$113.38M9.36x7.79
HGBL
HERITAGE GLOBAL INC
NASDAQ
Capital Markets
$104.03M$2.80-0.71%$14.06M5.71x0.50
EVR
EVERCORE INC
NYSE
Capital Markets
$5.56B$147.550.01%$484.78M18.15x1.08
BCBP
BCB BANCORP INC
NASDAQ
Banks - Regional
$195.10M$11.58-1.11%$48.06M5.62x11.56
LX
LEXINFINTECH HOLDINGS LTD
NASDAQ
Credit Services
$292.80M$1.78-0.56%N/A1.55x1.43
AMRK
A-MARK PRECIOUS METALS INC
NASDAQ
Capital Markets
$665.23M$28.660.28%$216.00M5.15x1.71
FIBK
FIRST INTERSTATE BANCSYSTEM INC
NASDAQ
Banks - Regional
$2.72B$25.89-1.07%$420.50M9.52x8.90
VCTR
VICTORY CAPITAL HOLDINGS INC
NASDAQ
Asset Management
$2.12B$32.151.71%$374.00M10.24x1.41
JHG
JANUS HENDERSON GROUP PLC
NYSE
Asset Management
$4.34B$26.191.39%$446.70M12.97x0.36
WBS
WEBSTER FINANCIAL CORP
NYSE
Banks - Regional
$7.72B$44.850.70%$1.29B8.54x7.92
FMNB
FARMERS NATIONAL BANC CORP
NASDAQ
Banks - Regional
$461.50M$12.31-1.68%$64.29M9.19x14.73
OCFC
OCEANFIRST FINANCIAL CORP
NASDAQ
Banks - Regional
$823.60M$13.86-1.21%$187.57M6.51x7.25
EGBN
EAGLE BANCORP INC
NASDAQ
Banks - Regional
$710.45M$23.74-1.12%$158.43M6.01x8.18
EBMT
EAGLE BANCORP MONTANA INC
NASDAQ
Banks - Regional
$99.13M$12.412.31%$22.09M8.33x12.12
QFIN
QIFU TECHNOLOGY INC
NASDAQ
Credit Services
$2.49B$15.52-0.51%N/A4.51x1.18
MFC
MANULIFE FINANCIAL CORP
NYSE
Insurance - Life
$35.50B$19.591.50%$5.96B9.90x16.60
CNOB
CONNECTONE BANCORP INC
NASDAQ
Banks - Regional
$759.00M$19.66-0.20%$142.19M8.16x7.15
USB
US BANCORP
NYSE
Banks - Regional
$59.35B$38.120.87%$7.89B11.38x11.57
CCNE
CNB FINANCIAL CORP
NASDAQ
Banks - Regional
$425.06M$20.34-1.98%$81.68M7.79x9.44
ATLC
ATLANTICUS HOLDINGS CORP
NASDAQ
Credit Services
$450.32M$30.870.19%$132.34M5.93x5.53
MVBF
MVB FINANCIAL CORP
NASDAQ
Banks - Regional
$254.61M$19.99-0.70%$41.41M8.43x11.67
AMK
ASSETMARK FINANCIAL HOLDINGS INC
NYSE
Asset Management
$1.90B$25.64-0.08%$201.47M16.65x0.31
HBNC
HORIZON BANCORP INC
NASDAQ
Banks - Regional
$480.40M$10.89-2.07%$93.42M6.41x10.48
CATC
CAMBRIDGE BANCORP
NASDAQ
Banks - Regional
$458.46M$58.43-1.63%$51.59M12.33x9.36
BRKL
BROOKLINE BANCORP INC
NASDAQ
Banks - Regional
$846.90M$9.53-0.52%$109.11M9.72x8.66
SFNC
SIMMONS FIRST NATIONAL CORP
NASDAQ
Banks - Regional
$2.00B$15.99-1.17%$324.48M8.60x7.39
VLY
VALLEY NATIONAL BANCORP
NASDAQ
Banks - Regional
$4.62B$9.10-0.33%$886.80M7.84x8.23
PPBI
PACIFIC PREMIER BANCORP INC
NASDAQ
Banks - Regional
$2.16B$22.52-0.31%$352.71M8.97x6.10
OMF
ONEMAIN HOLDINGS INC
NYSE
Credit Services
$5.07B$42.300.17%$1.12B7.79x6.77
WSFS
WSFS FINANCIAL CORP
NASDAQ
Banks - Regional
$2.34B$38.57-0.08%$432.63M8.21x7.94
SMBC
SOUTHERN MISSOURI BANCORP INC
NASDAQ
Banks - Regional
$488.49M$43.09-2.73%$62.52M10.56x8.85
V
VISA INC
NYSE
Credit Services
$405.73B$256.680.96%$22.62B30.96x1.34
BFIN
BANKFINANCIAL CORP
NASDAQ
Banks - Regional
$112.05M$8.93-0.56%$15.78M10.63x8.79
BFST
BUSINESS FIRST BANCSHARES INC
NASDAQ
Banks - Regional
$512.71M$20.23-0.15%$97.91M7.41x9.74
COLB
COLUMBIA BANKING SYSTEM INC
NASDAQ
Banks - Regional
$4.68B$22.430.45%$546.70M10.78x10.23
BBD
BANK BRADESCO
NYSE
Banks - Regional
$35.44B$3.330.00%$5.95B8.86x10.37
BMRC
BANK OF MARIN BANCORP
NASDAQ
Banks - Regional
$310.36M$19.23-1.79%$46.96M9.57x8.64
UCBI
UNITED COMMUNITY BANKS INC
NASDAQ
Banks - Regional
$2.93B$24.65-0.16%$366.11M11.31x7.44
PLMR
PALOMAR HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$1.45B$58.510.15%$102.63M20.18x2.86
NBHC
NATIONAL BANK HOLDINGS CORP
NYSE
Banks - Regional
$1.25B$33.010.46%$179.62M10.03x7.48
ESSA
ESSA BANCORP INC
NASDAQ
Banks - Regional
$173.60M$16.69-0.89%$26.76M8.22x8.99
LPRO
OPEN LENDING CORP
NASDAQ
Credit Services
$765.23M$6.39-1.24%$53.15M35.50x0.79
IBOC
INTERNATIONAL BANCSHARES CORP
NASDAQ
Banks - Regional
$2.78B$44.870.16%$544.51M6.79x5.80
FFIC
FLUSHING FINANCIAL CORP
NASDAQ
Banks - Regional
$408.42M$14.13-1.46%$50.98M12.50x11.82
HOPE
HOPE BANCORP INC
NASDAQ
Banks - Regional
$1.18B$9.80-1.01%$228.37M7.37x8.89
HLNE
HAMILTON LANE INC
NASDAQ
Asset Management
$5.28B$97.850.52%$187.26M31.67x1.25
FNWB
FIRST NORTHWEST BANCORP
NASDAQ
Banks - Regional
$141.97M$14.760.48%$18.48M9.58x12.80
AUB
ATLANTIC UNION BANKSHARES CORP
NYSE
Banks - Regional
$2.29B$30.57-0.94%$268.74M11.24x7.68
XP
XP INC
NASDAQ
Capital Markets
$13.05B$23.29-0.51%$900.32M17.21x10.66
SMBK
SMARTFINANCIAL INC
NASDAQ
Banks - Regional
$363.17M$21.37-1.75%$60.45M10.08x9.74
FUNC
FIRST UNITED CORP
NASDAQ
Banks - Regional
$123.70M$18.501.04%$30.00M6.09x11.44
STEL
STELLAR BANCORP INC
NYSE
Banks - Regional
$1.27B$23.86-0.25%$183.52M11.99x6.30
BFH
BREAD FINANCIAL HOLDINGS INC
NYSE
Credit Services
$1.39B$28.101.85%$848.00M2.60x6.55
FUSB
FIRST US BANCSHARES INC
NASDAQ
Banks - Regional
$53.75M$9.150.00%$12.96M6.49x11.19
SBCF
SEACOAST BANKING CORP OF FLORIDA
NASDAQ
Banks - Regional
$1.98B$23.24-0.26%$136.22M19.21x6.24
FRME
FIRST MERCHANTS CORP
NASDAQ
Banks - Regional
$1.84B$30.67-1.54%$307.41M7.23x7.60
MCBC
MACATAWA BANK CORP
NASDAQ
Banks - Regional
$332.97M$9.71-0.61%$57.40M7.30x9.23
FCNCA
FIRST CITIZENS BANCSHARES INC
NASDAQ
Banks - Regional
$21.31B$1,467.891.77%$11.88B1.91x9.48
FISI
FINANCIAL INSTITUTIONS INC
NASDAQ
Banks - Regional
$267.39M$17.36-2.75%$70.73M5.23x14.02
MTG
MGIC INVESTMENT CORP
NYSE
Insurance - Specialty
$4.88B$17.591.44%$990.64M7.04x0.30
PFC
PREMIER FINANCIAL CORP
NASDAQ
Banks - Regional
$713.58M$19.97-1.24%$156.05M6.13x8.31
CFBK
CF BANKSHARES INC
NASDAQ
Banks - Regional
$104.88M$16.000.00%$21.38M5.90x12.17
FGBI
FIRST GUARANTY BANCSHARES INC
NASDAQ
Banks - Regional
$108.71M$9.510.11%$20.82M9.61x13.31
CMA
COMERICA INC
NYSE
Banks - Regional
$5.96B$45.220.31%$1.62B5.09x16.24
LNC
LINCOLN NATIONAL CORP
NYSE
Insurance - Life
$4.03B$23.78-1.04%$3.02B10.25x104.79
CFG
CITIZENS FINANCIAL GROUP INC
NYSE
Banks - Regional
$12.71B$27.270.11%$3.00B6.73x8.85
ACGL
ARCH CAPITAL GROUP LTD
NASDAQ
Insurance - Diversified
$31.23B$83.691.59%$3.46B10.53x2.62
IBTX
INDEPENDENT BANK GROUP INC
NASDAQ
Banks - Regional
$1.60B$38.680.00%$103.30M23.02x6.94
FLIC
FIRST OF LONG ISLAND CORP
NASDAQ
Banks - Regional
$257.06M$11.38-0.35%$40.94M8.49x10.86
FBNC
FIRST BANCORP
NASDAQ
Banks - Regional
$1.29B$31.34-1.01%$158.86M10.81x8.52
VRTS
VIRTUS INVESTMENT PARTNERS INC
NASDAQ
Asset Management
$1.41B$195.620.29%$414.84M10.53x3.25
BSRR
SIERRA BANCORP
NASDAQ
Banks - Regional
$275.51M$18.741.08%$50.54M7.78x11.11
ESNT
ESSENT GROUP LTD
NYSE
Insurance - Specialty
$5.16B$48.340.69%$825.24M7.70x0.27
HTLF
HEARTLAND FINANCIAL USA INC
NASDAQ
Banks - Regional
$1.32B$30.93-1.21%$290.24M6.51x10.03
VBTX
VERITEX HOLDINGS INC
NASDAQ
Banks - Regional
$1.04B$19.14-0.05%$206.13M7.17x7.28
GEG
GREAT ELM GROUP INC
NASDAQ
Asset Management
$65.15M$2.095.03%$42.79M1.60x1.02
MPB
MID PENN BANCORP INC
NASDAQ
Banks - Regional
$335.37M$20.12-6.24%$58.35M7.89x8.87
FDS
FACTSET RESEARCH SYSTEMS INC
NYSE
Financial Data & Stock Exchanges
$17.23B$453.46-0.20%$788.00M36.99x1.45
ACNB
ACNB CORP
NASDAQ
Banks - Regional
$332.48M$39.08-0.81%$51.47M8.80x8.34
SII
SPROTT INC
NYSE
Asset Management
$818.96M$32.54-0.03%$56.36M20.86x0.27
TFC
TRUIST FINANCIAL CORP
NYSE
Banks - Regional
$42.86B$32.140.03%$8.23B8.04x7.75
CASH
PATHWARD FINANCIAL INC
NASDAQ
Banks - Regional
$1.29B$49.590.38%$244.89M8.25x10.57
FCAP
FIRST CAPITAL INC
NASDAQ
Banks - Regional
$88.22M$26.330.00%$16.82M6.65x11.82
FVCB
FVCBANKCORP INC
NASDAQ
Banks - Regional
$198.67M$11.16-7.92%$17.31M14.16x9.91
SHBI
SHORE BANCSHARES INC
NASDAQ
Banks - Regional
$395.76M$11.94-0.83%$22.84M15.92x10.31
CCBG
CAPITAL CITY BANK GROUP INC
NASDAQ
Banks - Regional
$454.36M$26.74-1.44%$73.72M8.63x9.44
WD
WALKER & DUNLOP INC
NYSE
Mortgage Finance
$2.81B$84.02-0.49%$442.14M23.94x1.49
SASR
SANDY SPRING BANCORP INC
NASDAQ
Banks - Regional
$988.59M$22.02-0.63%$194.64M7.57x8.19
FMAO
FARMERS & MERCHANTS BANCORP INC
NASDAQ
Banks - Regional
$266.49M$19.50-2.99%$35.87M10.96x9.67
PFS
PROVIDENT FINANCIAL SERVICES INC
NYSE
Banks - Regional
$1.15B$15.22-0.26%$225.85M7.57x7.68
AROW
ARROW FINANCIAL CORP
NASDAQ
Banks - Regional
$420.41M$24.65-1.16%$50.35M12.18x10.87
HFBL
HOME FEDERAL BANCORP INC OF LOUISIANA
NASDAQ
Banks - Regional
$40.73M$13.000.00%$7.50M7.51x12.13
BPOP
POPULAR INC
NASDAQ
Banks - Regional
$5.32B$73.790.44%$848.06M7.54x14.64
NFBK
NORTHFIELD BANCORP INC
NASDAQ
Banks - Regional
$428.88M$9.54-2.45%$68.62M9.73x6.95
BX
BLACKSTONE INC
NYSE
Asset Management
$79.84B$112.370.90%$2.59B47.02x3.20
FBK
FB FINANCIAL CORP
NYSE
Banks - Regional
$1.57B$33.560.90%$175.68M12.20x8.10

Financial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
103+0.57%+1.47%+12.82%-0.36%-106.46x2.13x+22.52%+3.24%+0.50%+6.81%Buy
18+1.51%+1.94%+12.65%-3.52%12.72x0.98x+10.95%+0.82%N/A+28.46%Buy
349-0.15%+0.29%+9.03%-13.87%-6.85x0.95x+13.73%+1.32%-0.00%+11.86%Buy
61+0.88%+0.72%+9.33%-3.10%27.81x1.57x+11.48%+1.53%+0.06%+14.45%Buy
58+1.11%+2.21%+10.84%+4.12%27.71x4.18x+85.04%+17.22%+30.76%+6.60%Buy
3+1.14%-0.64%-5.12%-19.60%9.45x2.27x+12.32%-0.11%-0.53%+14.92%Strong Buy
11+0.01%+0.26%+13.25%+11.57%35.35x4.39x+6.40%+5.68%+11.37%+2.72%Buy
18+1.88%-0.42%+6.42%+10.94%30.70x7.14x-206.93%+6.90%+17.07%+4.25%Buy
14+1.13%+0.20%+9.41%+18.84%10.58x1.49x+15.00%+6.71%+0.03%+15.46%Strong Buy
21+0.60%+0.01%+5.58%+33.78%21.14x1.43x+11.76%+1.37%+0.03%+2.10%Buy
38+1.22%-0.14%+4.67%+6.89%6.60x2.06x+10.91%+2.53%-0.00%+6.08%Buy
9+1.67%-0.82%+5.21%+15.06%7.98x1.28x+19.33%+3.32%N/A+9.26%Strong Buy
21+0.12%-0.07%+7.58%+1.11%25.39x1.50x+11.02%+3.85%+0.90%+14.25%Buy
15-0.29%+1.29%+16.45%+3.92%-16.16x0.32x+2.23%+0.62%N/A+14.59%Buy

Financial Stocks FAQ

What are the best financial stocks to buy right now in Dec 2023?

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

1. Ameris Bancorp (NASDAQ:ABCB)


Ameris Bancorp (NASDAQ:ABCB) is the top financial stock with a Zen Score of 64, which is 30 points higher than the financial sector average of 34. It passed 23 out of 38 due diligence checks and has strong fundamentals. Ameris Bancorp has seen its stock lose -19.48% over the past year, underperforming other financial stocks by -19 percentage points.

Ameris Bancorp has an average 1 year price target of $46.00, an upside of 8.03% from Ameris Bancorp's current stock price of $42.58.

Ameris Bancorp stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Ameris Bancorp, 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.

2. Dime Community Bancshares (NASDAQ:DCOM)


Dime Community Bancshares (NASDAQ:DCOM) is the second best financial stock with a Zen Score of 62, which is 28 points higher than the financial sector average of 34. It passed 22 out of 38 due diligence checks and has strong fundamentals. Dime Community Bancshares has seen its stock lose -43.65% over the past year, underperforming other financial stocks by -43 percentage points.

Dime Community Bancshares has an average 1 year price target of $23.00, an upside of 14.43% from Dime Community Bancshares's current stock price of $20.10.

Dime Community Bancshares stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Dime Community Bancshares, 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. Heritage Commerce (NASDAQ:HTBK)


Heritage Commerce (NASDAQ:HTBK) is the third best financial stock with a Zen Score of 61, which is 27 points higher than the financial sector average of 34. It passed 21 out of 38 due diligence checks and has strong fundamentals. Heritage Commerce has seen its stock lose -40.25% over the past year, underperforming other financial stocks by -40 percentage points.

Heritage Commerce has an average 1 year price target of $9.75, an upside of 14.84% from Heritage Commerce's current stock price of $8.49.

Heritage Commerce stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Heritage Commerce, 0% have issued a Strong Buy rating, 50% 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 financial stocks with highest dividends?

Out of 521 financial stocks that have issued dividends in the past year, the 3 financial stocks with the highest dividend yields are:

1. Lake Shore Bancorp (NASDAQ:LSBK)


Lake Shore Bancorp (NASDAQ:LSBK) has an annual dividend yield of N/A, which is N/A percentage points lower than the financial sector average of 4.11%. Lake Shore Bancorp's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Lake Shore Bancorp's dividend has shown consistent growth over the last 10 years.

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

2. American Equity Investment Life Holding Co (NYSE:AEL)


American Equity Investment Life Holding Co (NYSE:AEL) has an annual dividend yield of N/A, which is N/A percentage points lower than the financial sector average of 4.11%. American Equity Investment Life Holding Co's dividend payout is stable, having never dropped by more than 10% in the last 10 years. American Equity Investment Life Holding Co's dividend has shown consistent growth over the last 10 years.

American Equity Investment Life Holding Co's dividend payout ratio of 4.3% indicates that its dividend yield is sustainable for the long-term.

3. Luther Burbank (NASDAQ:LBC)


Luther Burbank (NASDAQ:LBC) has an annual dividend yield of N/A, which is N/A percentage points lower than the financial sector average of 4.11%. Luther Burbank's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Luther Burbank's dividend has shown consistent growth over the last 10 years.

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

Why are financial stocks up?

Financial stocks were up 0.58% in the last day, and up 0.48% over the last week. Canadian Imperial Bank Of Commerce was the among the top gainers in the financial services sector, gaining 5.2% yesterday.

Canadian Imperial Bank shares are trading higher after the company reported a year-over-year increase in Q4 financial results.

What are the most undervalued financial stocks?

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

1. Atlanticus Holdings (NASDAQ:ATLC)


Atlanticus Holdings (NASDAQ:ATLC) is the most undervalued financial stock based on WallStreetZen's Valuation Score. Atlanticus Holdings has a valuation score of 100, which is 56 points higher than the financial sector average of 44. It passed 7 out of 7 valuation due diligence checks.

Atlanticus Holdings's stock has gained 7.19% in the past year. It has overperformed other stocks in the financial sector by 8 percentage points.

2. Ameris Bancorp (NASDAQ:ABCB)


Ameris Bancorp (NASDAQ:ABCB) is the second most undervalued financial stock based on WallStreetZen's Valuation Score. Ameris Bancorp has a valuation score of 100, which is 56 points higher than the financial sector average of 44. It passed 7 out of 7 valuation due diligence checks.

Ameris Bancorp's stock has dropped -19.48% in the past year. It has underperformed other stocks in the financial sector by -19 percentage points.

3. Connectone Bancorp (NASDAQ:CNOB)


Connectone Bancorp (NASDAQ:CNOB) is the third most undervalued financial stock based on WallStreetZen's Valuation Score. Connectone Bancorp has a valuation score of 100, which is 56 points higher than the financial sector average of 44. It passed 7 out of 7 valuation due diligence checks.

Connectone Bancorp's stock has dropped -25.08% in the past year. It has underperformed other stocks in the financial sector by -24 percentage points.

Are financial stocks a good buy now?

32.83% of financial stocks rated by analysts are a buy right now. On average, analysts expect financial stocks to rise by 9.26% over the next year.

What is the average p/e ratio of the financial services sector?

The average P/E ratio of the financial services sector is 3.66x.
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.