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Best Financial Stocks to Buy Now (2024)
Top financial stocks in 2024 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
MARA
MARATHON DIGITAL HOLDINGS INC
NASDAQ
Capital Markets
$6.04B$22.582.31%$467.46M16.01x0.23
HGBL
HERITAGE GLOBAL INC
NASDAQ
Capital Markets
$98.10M$2.64-1.12%$15.48M7.76x0.36
CBFV
CB FINANCIAL SERVICES INC
NASDAQ
Banks - Regional
$111.19M$21.62-0.37%$33.02M4.90x9.41
LPRO
OPEN LENDING CORP
NASDAQ
Credit Services
$744.17M$6.261.13%$41.30M34.78x0.82
AMK
ASSETMARK FINANCIAL HOLDINGS INC
NYSE
Asset Management
$2.63B$35.410.48%$212.12M21.33x0.28
VCTR
VICTORY CAPITAL HOLDINGS INC
NASDAQ
Asset Management
$2.73B$42.430.05%$378.84M13.18x1.42
JHG
JANUS HENDERSON GROUP PLC
NYSE
Asset Management
$5.32B$32.89-0.27%$527.90M13.88x0.36
WBS
WEBSTER FINANCIAL CORP
NYSE
Banks - Regional
$8.72B$50.77-0.08%$1.19B10.34x7.62
ORRF
ORRSTOWN FINANCIAL SERVICES INC
NASDAQ
Banks - Regional
$286.57M$26.771.98%$49.37M7.76x10.56
SIGI
SELECTIVE INSURANCE GROUP INC
NASDAQ
Insurance - Property & Casualty
$6.62B$109.171.63%$517.25M18.60x3.00
MTB
M&T BANK CORP
NYSE
Banks - Regional
$24.23B$145.440.44%$4.01B9.18x6.73
BBD
BANK BRADESCO
NYSE
Banks - Regional
$30.44B$2.86-1.72%$5.95B7.61x10.37
SMBC
SOUTHERN MISSOURI BANCORP INC
NASDAQ
Banks - Regional
$496.36M$43.71-0.07%$63.96M11.21x8.88
EVR
EVERCORE INC
NYSE
Capital Markets
$7.45B$192.590.20%$380.59M28.70x1.22
MVBF
MVB FINANCIAL CORP
NASDAQ
Banks - Regional
$286.40M$22.312.11%$44.35M9.07x10.45
AMRK
A-MARK PRECIOUS METALS INC
NASDAQ
Capital Markets
$701.41M$30.692.13%$193.68M6.49x1.78
TCBX
THIRD COAST BANCSHARES INC
NASDAQ
Banks - Regional
$272.41M$20.020.86%$41.15M9.49x9.67
MMC
MARSH & MCLENNAN COMPANIES INC
NYSE
Insurance Brokers
$101.27B$205.980.18%$6.56B27.10x2.93
OVLY
OAK VALLEY BANCORP
NASDAQ
Banks - Regional
$205.50M$24.780.28%$45.99M5.87x12.59
AXS
AXIS CAPITAL HOLDINGS LTD
NYSE
Insurance - Specialty
$5.49B$65.020.05%$546.58M16.01x4.75
HTGC
HERCULES CAPITAL INC
NYSE
Asset Management
$2.92B$18.450.44%$411.37M7.95x0.90
PLMR
PALOMAR HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$2.08B$83.83-0.50%$111.92M26.28x2.62
FCNCA
FIRST CITIZENS BANCSHARES INC
NASDAQ
Banks - Regional
$23.75B$1,635.001.12%$12.02B2.08x9.06
SEIC
SEI INVESTMENTS CO
NASDAQ
Asset Management
$9.44B$71.90-0.17%$669.21M20.60x0.18
GLAD
GLADSTONE CAPITAL CORP
NASDAQ
Asset Management
$466.85M$10.731.32%$78.22M7.45x0.83
QFIN
QIFU TECHNOLOGY INC
NASDAQ
Credit Services
$2.91B$18.431.26%N/A4.97x1.09
FUSB
FIRST US BANCSHARES INC
NASDAQ
Banks - Regional
$53.59M$9.261.31%$13.05M6.52x10.84
ITUB
ITAU UNIBANCO HOLDING SA
NYSE
Banks - Regional
$67.94B$6.93-0.14%$10.21B11.40x12.78
WABC
WESTAMERICA BANCORPORATION
NASDAQ
Banks - Regional
$1.30B$48.880.14%$233.35M8.07x7.24
RNR
RENAISSANCERE HOLDINGS LTD
NYSE
Insurance - Reinsurance
$12.38B$235.03-0.44%$1.99B4.49x3.54
MTG
MGIC INVESTMENT CORP
NYSE
Insurance - Specialty
$6.03B$22.361.04%$974.36M8.91x0.29
PYPL
PAYPAL HOLDINGS INC
NASDAQ
Credit Services
$71.80B$66.990.63%$6.48B17.40x2.90
HCI
HCI GROUP INC
NYSE
Insurance - Property & Casualty
$1.16B$116.080.48%$126.73M12.71x4.27
CASH
PATHWARD FINANCIAL INC
NASDAQ
Banks - Regional
$1.29B$50.480.42%$243.97M8.25x9.86
EG
EVEREST GROUP LTD
NYSE
Insurance - Reinsurance
$17.24B$397.500.43%$2.29B6.60x2.74
CFG
CITIZENS FINANCIAL GROUP INC
NYSE
Banks - Regional
$16.65B$36.291.31%$2.39B11.56x8.12
DFS
DISCOVER FINANCIAL SERVICES
NYSE
Credit Services
$32.85B$131.092.41%$4.20B11.63x9.22
NAVI
NAVIENT CORP
NASDAQ
Credit Services
$1.96B$17.401.05%$313.00M9.30x7.31
VRTS
VIRTUS INVESTMENT PARTNERS INC
NYSE
Asset Management
$1.76B$247.980.15%$422.91M13.76x3.13
FHI
FEDERATED HERMES INC
NYSE
Asset Management
$3.05B$36.121.43%$444.89M10.62x0.84
MFC
MANULIFE FINANCIAL CORP
NYSE
Insurance - Life
$45.13B$24.991.34%$5.99B12.87x17.58
SBCF
SEACOAST BANKING CORP OF FLORIDA
NASDAQ
Banks - Regional
$2.16B$25.390.08%$142.31M20.48x5.92
MA
MASTERCARD INC
NYSE
Credit Services
$449.25B$481.570.76%$15.01B40.60x5.12
CCBG
CAPITAL CITY BANK GROUP INC
NASDAQ
Banks - Regional
$469.33M$27.700.11%$73.38M8.99x8.75
HBAN
HUNTINGTON BANCSHARES INC
NASDAQ
Banks - Regional
$20.20B$13.951.16%$3.16B11.07x8.78
BMA
MACRO BANK INC
NYSE
Banks - Regional
$3.08B$48.18-6.75%$342.03M16.44x3.08
NTRS
NORTHERN TRUST CORP
NASDAQ
Asset Management
$18.21B$88.921.33%$2.10B17.47x11.67
PFC
PREMIER FINANCIAL CORP
NASDAQ
Banks - Regional
$725.31M$20.301.50%$149.42M6.53x7.84
MCO
MOODYS CORP
NYSE
Financial Data & Stock Exchanges
$71.73B$393.030.71%$2.56B44.82x3.36
TRV
TRAVELERS COMPANIES INC
NYSE
Insurance - Property & Casualty
$52.73B$230.140.57%$3.75B17.80x4.06
VALU
VALUE LINE INC
NASDAQ
Financial Data & Stock Exchanges
$381.71M$40.501.50%$25.35M20.88x0.51
ESQ
ESQUIRE FINANCIAL HOLDINGS INC
NASDAQ
Banks - Regional
$389.45M$47.470.96%$55.45M9.09x6.99
V
VISA INC
NYSE
Credit Services
$563.27B$279.080.02%$23.76B32.12x1.30
GROW
U S GLOBAL INVESTORS INC
NASDAQ
Asset Management
$39.27M$2.781.28%$4.07M12.09x0.05
VLY
VALLEY NATIONAL BANCORP
NASDAQ
Banks - Regional
$4.05B$7.960.76%$721.77M8.38x8.09
BY
BYLINE BANCORP INC
NYSE
Banks - Regional
$963.91M$21.720.51%$150.21M8.07x7.97
LPLA
LPL FINANCIAL HOLDINGS INC
NASDAQ
Capital Markets
$19.67B$264.200.61%$1.99B19.03x4.00
BRO
BROWN & BROWN INC
NYSE
Insurance Brokers
$25.02B$87.540.32%$1.54B28.51x1.67
ATLC
ATLANTICUS HOLDINGS CORP
NASDAQ
Credit Services
$432.41M$29.59-2.98%$133.49M5.53x5.51
FIHL
FIDELIS INSURANCE HOLDINGS LTD
NYSE
Insurance - Diversified
$2.30B$19.482.10%$2.08B1.04x3.09
MCB
METROPOLITAN BANK HOLDING CORP
NYSE
Banks - Regional
$426.97M$38.501.18%$109.82M5.54x9.73
OSBC
OLD SECOND BANCORP INC
NASDAQ
Banks - Regional
$620.05M$13.840.44%$131.35M6.75x8.91
SPFI
SOUTH PLAINS FINANCIAL INC
NASDAQ
Banks - Regional
$439.74M$26.760.45%$85.83M7.17x9.33
ERIE
ERIE INDEMNITY CO
NASDAQ
Insurance Brokers
$18.55B$401.57-1.62%$561.94M41.92x0.49
AIZ
ASSURANT INC
NYSE
Insurance - Specialty
$9.78B$188.240.44%$1.11B15.66x5.99
HNNA
HENNESSY ADVISORS INC
NASDAQ
Asset Management
$52.96M$6.901.77%$9.25M10.62x0.65
AGO
ASSURED GUARANTY LTD
NYSE
Insurance - Specialty
$4.84B$87.25-0.11%$736.00M6.96x1.19
TBBK
BANCORP INC
NASDAQ
Banks - Regional
$1.76B$33.46-0.95%$260.25M9.51x8.55
ABCB
AMERIS BANCORP
NASDAQ
Banks - Regional
$3.34B$48.380.50%$405.65M12.41x6.36
MSBI
MIDLAND STATES BANCORP INC
NASDAQ
Banks - Regional
$540.40M$25.131.25%$118.74M8.46x8.94
BEN
FRANKLIN RESOURCES INC
NYSE
Asset Management
$14.80B$28.111.74%$1.91B14.79x1.35
COF
CAPITAL ONE FINANCIAL CORP
NYSE
Credit Services
$56.61B$148.893.03%$9.27B12.43x7.24
HLNE
HAMILTON LANE INC
NASDAQ
Asset Management
$6.09B$112.761.70%$201.78M34.27x1.25
RVSB
RIVERVIEW BANCORP INC
NASDAQ
Banks - Regional
$99.64M$4.720.00%$15.32M10.04x9.04
KNSL
KINSALE CAPITAL GROUP INC
NYSE
Insurance - Property & Casualty
$12.17B$524.74-1.40%$397.59M39.25x2.47
CINF
CINCINNATI FINANCIAL CORP
NASDAQ
Insurance - Property & Casualty
$19.45B$124.170.71%$2.44B10.58x1.71
OMF
ONEMAIN HOLDINGS INC
NYSE
Credit Services
$6.12B$51.091.13%$1.10B9.59x6.63
CBAN
COLONY BANKCORP INC
NASDAQ
Banks - Regional
$201.92M$11.503.05%$35.92M9.27x10.98
CFR
CULLEN/FROST BANKERS INC
NYSE
Banks - Regional
$7.23B$112.571.12%$788.82M12.36x12.68
OCSL
OAKTREE SPECIALTY LENDING CORP
NASDAQ
Credit Services
$1.55B$19.660.82%$240.17M12.85x1.16
MCBC
MACATAWA BANK CORP
NASDAQ
Banks - Regional
$336.40M$9.790.93%$54.06M7.77x8.58
FITB
FIFTH THIRD BANCORP
NASDAQ
Banks - Regional
$25.35B$37.211.28%$3.45B11.52x10.19
IFS
INTERCORP FINANCIAL SERVICES INC
NYSE
Banks - Regional
$2.75B$23.81-0.38%$446.35M9.88x8.00
FBK
FB FINANCIAL CORP
NYSE
Banks - Regional
$1.76B$37.660.03%$165.12M14.65x7.66
INTR
INTER & CO INC
NASDAQ
Banks - Regional
$2.29B$5.71-2.39%$176.45M37.81x7.06
SWKH
SWK HOLDINGS CORP
NASDAQ
Asset Management
$217.70M$17.420.00%$19.37M13.83x0.19
QCRH
QCR HOLDINGS INC
NASDAQ
Banks - Regional
$1.02B$60.741.84%$138.28M8.95x8.63
USB
US BANCORP
NYSE
Banks - Regional
$69.65B$44.701.59%$7.85B13.67x10.99
APAM
ARTISAN PARTNERS ASSET MANAGEMENT INC
NYSE
Asset Management
$3.66B$45.770.46%$311.85M14.35x2.47
PLBC
PLUMAS BANCORP
NASDAQ
Banks - Regional
$216.85M$36.790.79%$41.88M7.24x9.93
FDS
FACTSET RESEARCH SYSTEMS INC
NYSE
Financial Data & Stock Exchanges
$17.31B$454.391.57%$801.60M36.09x1.32
SMMF
SUMMIT FINANCIAL GROUP INC
NASDAQ
Banks - Regional
$398.81M$27.165.35%$77.59M7.11x9.53
OPBK
OP BANCORP
NASDAQ
Banks - Regional
$149.69M$9.98-0.10%$38.63M5.80x10.63
ICE
INTERCONTINENTAL EXCHANGE INC
NYSE
Financial Data & Stock Exchanges
$78.69B$137.430.33%$4.85B32.72x4.29
BK
BANK OF NEW YORK MELLON CORP
NYSE
Asset Management
$43.47B$57.621.21%$5.83B14.81x9.03
MFIN
MEDALLION FINANCIAL CORP
NASDAQ
Credit Services
$185.75M$7.910.51%$85.23M3.23x6.34
EBC
EASTERN BANKSHARES INC
NASDAQ
Banks - Regional
$2.43B$13.780.44%$192.51M9.64x6.10
BAC
BANK OF AMERICA CORP
NYSE
Banks - Diversified
$298.53B$37.920.29%$30.40B12.23x9.90
SNV
SYNOVUS FINANCIAL CORP
NYSE
Banks - Regional
$5.86B$40.060.60%$791.18M11.51x10.68
ONB
OLD NATIONAL BANCORP
NASDAQ
Banks - Regional
$5.10B$17.410.00%$813.64M8.93x7.83

Financial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
102+0.42%+0.37%+4.07%+25.74%32.13x2.46x+18.84%+3.20%+0.53%-0.09%Buy
18+0.45%+0.84%+7.73%+29.30%13.80x1.14x+12.21%+0.96%N/A+5.52%Buy
346+0.73%+1.15%+4.58%+14.95%-10.33x1.02x+11.77%+1.12%-0.00%+8.43%Buy
60+0.49%-0.35%+2.23%+20.05%20.14x1.86x+10.90%+1.73%+0.44%+3.63%Buy
60+0.75%-0.18%+3.61%+29.98%29.51x5.02x+81.02%+17.20%+30.18%-8.30%Buy
3+3.05%+0.55%+12.27%+13.06%10.20x1.84x+7.73%-0.57%-1.28%+4.99%Strong Buy
11+0.89%+0.09%+2.19%+29.38%110.32x4.80x+4.88%+5.86%+11.57%+1.79%Buy
18-0.02%+0.36%+1.21%+30.64%32.88x7.26x-140.88%+7.04%+18.72%+1.87%Buy
14+0.83%+1.31%+2.67%+39.38%10.01x1.60x+17.93%+8.16%+0.02%+7.74%Buy
20-0.04%+0.88%+3.41%+55.08%16.85x1.47x+10.89%+1.29%+0.02%+2.65%Buy
37-0.05%+1.06%+3.55%+32.50%5.51x2.29x+15.32%+3.46%+0.01%-3.57%Buy
9+0.18%+2.69%+5.86%+22.03%7.53x1.22x+21.61%+3.87%N/A+4.06%Buy
21+0.58%+2.06%+3.84%+27.61%30.99x1.66x+10.51%+3.92%+0.97%+3.24%Buy
15-0.21%+0.42%+5.48%+24.00%-63.41x0.43x-2.20%+0.36%N/A+11.15%Buy

Financial Stocks FAQ

What are the best financial stocks to buy right now in Mar 2024?

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

1. Marathon Digital Holdings (NASDAQ:MARA)


Marathon Digital Holdings (NASDAQ:MARA) is the top financial stock with a Zen Score of 70, which is 38 points higher than the financial sector average of 32. It passed 23 out of 33 due diligence checks and has strong fundamentals. Marathon Digital Holdings has seen its stock return 213.61% over the past year, overperforming other financial stocks by 189 percentage points.

Marathon Digital Holdings has an average 1 year price target of $21.06, a downside of -6.73% from Marathon Digital Holdings's current stock price of $22.58.

Marathon Digital Holdings stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Marathon Digital Holdings, 20% have issued a Strong Buy rating, 20% have issued a Buy, 40% have issued a Hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.

2. Heritage Global (NASDAQ:HGBL)


Heritage Global (NASDAQ:HGBL) is the second best financial stock with a Zen Score of 64, which is 32 points higher than the financial sector average of 32. It passed 20 out of 33 due diligence checks and has strong fundamentals. Heritage Global has seen its stock lose -7.69% over the past year, underperforming other financial stocks by -33 percentage points.

3. Cb Financial Services (NASDAQ:CBFV)


Cb Financial Services (NASDAQ:CBFV) is the third best financial stock with a Zen Score of 61, which is 29 points higher than the financial sector average of 32. It passed 21 out of 38 due diligence checks and has strong fundamentals. Cb Financial Services has seen its stock lose -0.18% over the past year, underperforming other financial stocks by -25 percentage points.

Cb Financial Services has an average 1 year price target of $24.50, an upside of 13.32% from Cb Financial Services's current stock price of $21.62.

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 financial stocks with highest dividends?

Out of 486 financial stocks that have issued dividends in the past year, the 3 financial stocks with the highest dividend yields are:

1. Proassurance (NYSE:PRA)


Proassurance (NYSE:PRA) has an annual dividend yield of N/A, which is N/A percentage points lower than the financial sector average of 4.17%. Proassurance's dividend payout is not stable, having dropped more than 10% six times in the last 10 years. Proassurance's dividend has not shown consistent growth over the last 10 years.

Proassurance's dividend payout ratio of -6.8% indicates that its dividend yield might not be sustainable for the long-term.

2. Mbia (NYSE:MBI)


Mbia (NYSE:MBI) has an annual dividend yield of 118.34%, which is 114 percentage points higher than the financial sector average of 4.17%. Mbia's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Mbia's dividend has not shown consistent growth over the last 10 years.

Mbia's dividend payout ratio of -78.6% indicates that its high dividend yield might not be sustainable for the long-term.

3. Investcorp Credit Management Bdc (NASDAQ:ICMB)


Investcorp Credit Management Bdc (NASDAQ:ICMB) has an annual dividend yield of 20.26%, which is 16 percentage points higher than the financial sector average of 4.17%. Investcorp Credit Management Bdc's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Investcorp Credit Management Bdc's dividend has not shown consistent growth over the last 10 years.

Investcorp Credit Management Bdc's dividend payout ratio of -242.3% indicates that its high dividend yield might not be sustainable for the long-term.

Why are financial stocks up?

Financial stocks were up 0.47% in the last day, and up 0.75% over the last week. Binah Capital Group was the among the top gainers in the financial services sector, gaining 36.32% yesterday.

Binah Capital Group shares are trading higher following the stock's Nasdaq debut.

What are the most undervalued financial stocks?

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

1. First Us Bancshares (NASDAQ:FUSB)


First Us Bancshares (NASDAQ:FUSB) is the most undervalued financial stock based on WallStreetZen's Valuation Score. First Us Bancshares has a valuation score of 100, which is 58 points higher than the financial sector average of 42. It passed 7 out of 7 valuation due diligence checks.

First Us Bancshares's stock has gained 30.42% in the past year. It has overperformed other stocks in the financial sector by 5 percentage points.

2. Hanover Bancorp (NASDAQ:HNVR)


Hanover Bancorp (NASDAQ:HNVR) is the second most undervalued financial stock based on WallStreetZen's Valuation Score. Hanover Bancorp has a valuation score of 100, which is 58 points higher than the financial sector average of 42. It passed 7 out of 7 valuation due diligence checks.

Hanover Bancorp's stock has dropped -19.24% in the past year. It has underperformed other stocks in the financial sector by -44 percentage points.

3. Northern Trust (NASDAQ:NTRS)


Northern Trust (NASDAQ:NTRS) is the third most undervalued financial stock based on WallStreetZen's Valuation Score. Northern Trust has a valuation score of 100, which is 58 points higher than the financial sector average of 42. It passed 7 out of 7 valuation due diligence checks.

Northern Trust's stock has gained 4.66% in the past year. It has underperformed other stocks in the financial sector by -20 percentage points.

Are financial stocks a good buy now?

36.23% of financial stocks rated by analysts are a buy right now. On average, analysts expect financial stocks to rise by 2.36% 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 20.43x.
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.