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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
Financials Score
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
MARA
MARATHON DIGITAL HOLDINGS INC
$4.83B27.40%17.10%14.71%15.80%0.2330.51-4.00%66.90%74.31%
NOAH
NOAH HOLDINGS LTD
$812.21M10.00%8.10%11.78%23.00%0.223.7655.80%30.60%38.60%
HGBL
HERITAGE GLOBAL INC
$92.15M22.40%15.40%20.92%30.70%0.361.7865.80%20.60%23.65%
AMK
ASSETMARK FINANCIAL HOLDINGS INC
$2.51B10.20%7.80%11.43%129.20%0.283.8450.00%17.40%24.92%
LPRO
OPEN LENDING CORP
$594.38M10.40%5.80%11.18%14.30%0.8214.0881.00%18.80%33.64%
WBS
WEBSTER FINANCIAL CORP
$7.71B10.20%1.10%N/A1.40%7.62N/A100.00%34.00%43.37%
JHG
JANUS HENDERSON GROUP PLC
$5.10B8.80%6.10%8.61%37.10%0.363.89100.00%18.70%24.03%
ORRF
ORRSTOWN FINANCIAL SERVICES INC
$281.44M14.40%1.20%N/A1.40%10.56N/A100.00%27.70%34.94%
QFIN
QIFU TECHNOLOGY INC
$2.94B20.50%9.70%20.43%31.10%1.092.0079.70%26.30%32.50%
SIGI
SELECTIVE INSURANCE GROUP INC
$6.15B13.00%3.10%N/A4.10%3.00N/A41.30%8.40%11.51%
CBFV
CB FINANCIAL SERVICES INC
$114.59M18.50%1.60%N/A2.20%9.41N/A100.00%32.60%43.85%
PYPL
PAYPAL HOLDINGS INC
$71.80B21.10%5.50%16.06%21.90%2.901.2939.60%14.30%18.18%
SMBC
SOUTHERN MISSOURI BANCORP INC
$463.66M9.60%1.00%N/A1.20%8.88N/A100.00%28.10%35.40%
EVR
EVERCORE INC
$7.15B17.60%8.00%12.03%12.20%1.222.86100.00%10.50%13.85%
MVBF
MVB FINANCIAL CORP
$247.89M11.30%0.90%N/A1.30%10.45N/A100.00%21.60%27.15%
BBD
BANK BRADESCO
$29.27B13.60%1.20%N/A1.40%10.37N/A100.00%25.60%29.29%
HDB
HDFC BANK LTD
$108.38B18.30%2.10%N/A2.70%7.84N/A100.00%43.80%58.49%
SEIC
SEI INVESTMENTS CO
$8.74B22.90%19.80%27.29%67.90%0.145.64100.00%24.80%31.88%
SBCF
SEACOAST BANKING CORP OF FLORIDA
$2.00B5.00%0.70%N/A1.00%5.92N/A100.00%19.60%25.34%
CINF
CINCINNATI FINANCIAL CORP
$17.78B20.50%7.40%N/A9.30%1.67N/A51.20%22.20%28.15%
MTB
M&T BANK CORP
$24.25B10.10%1.30%N/A1.90%6.73N/A100.00%29.30%39.05%
AXS
AXIS CAPITAL HOLDINGS LTD
$5.24B6.80%1.20%N/A1.60%4.75N/A39.90%6.10%8.35%
PLMR
PALOMAR HOLDINGS INC
$2.00B18.50%5.00%N/A6.80%2.62N/A80.70%21.10%28.57%
WABC
WESTAMERICA BANCORPORATION
$1.27B23.80%2.50%N/A3.50%7.24N/A100.00%49.80%68.22%
HBAN
HUNTINGTON BANCSHARES INC
$19.65B9.60%1.00%N/A1.30%8.78N/A100.00%26.10%33.98%
VCTR
VICTORY CAPITAL HOLDINGS INC
$3.30B20.20%8.40%N/A28.50%1.42N/A54.90%26.00%41.07%
FUSB
FIRST US BANCSHARES INC
$58.54M9.70%0.80%N/A1.10%10.84N/A100.00%21.00%27.89%
HTGC
HERCULES CAPITAL INC
$3.04B20.60%10.20%N/A8.50%0.90N/A100.00%73.30%89.26%
HLNE
HAMILTON LANE INC
$6.17B27.80%10.10%N/A13.80%1.25N/A100.00%25.20%37.81%
OVLY
OAK VALLEY BANCORP
$203.68M20.90%1.60%N/A2.60%10.09N/A100.00%37.90%49.48%
MMC
MARSH & MCLENNAN COMPANIES INC
$97.80B32.70%8.20%20.00%58.20%2.811.14100.00%16.80%24.83%
TCBX
THIRD COAST BANCSHARES INC
$270.24M7.20%0.70%N/A1.10%9.67N/A100.00%20.30%29.43%
HCI
HCI GROUP INC
$1.14B35.40%4.50%N/A7.50%4.27N/A53.80%14.40%21.53%
CASH
PATHWARD FINANCIAL INC
$1.31B23.90%2.20%N/A2.70%9.86N/A100.00%24.80%27.11%
MCO
MOODYS CORP
$68.37B51.20%11.00%18.03%23.30%3.361.7471.50%27.20%36.93%
ESNT
ESSENT GROUP LTD
$5.74B14.40%11.40%N/A13.30%0.26N/A97.20%62.80%76.88%
RNR
RENAISSANCERE HOLDINGS LTD
$11.68B33.30%6.00%N/A5.00%3.54N/A60.90%27.70%23.25%
BLX
FOREIGN TRADE BANK OF LATIN AMERICA INC
$1.07B14.60%1.70%N/A1.30%7.93N/A100.00%62.40%62.44%
MTG
MGIC INVESTMENT CORP
$5.54B14.60%11.20%N/A14.00%0.29N/A101.80%61.70%81.30%
AIZ
ASSURANT INC
$9.11B14.10%1.90%N/A3.00%5.99N/A77.30%5.80%8.22%
GROW
U S GLOBAL INVESTORS INC
$37.51M6.20%5.90%8.23%16.90%0.0518.78100.00%25.00%32.89%
AMRK
A-MARK PRECIOUS METALS INC
$938.18M19.00%7.00%20.13%14.60%1.781.862.50%1.10%1.82%
EG
EVEREST GROUP LTD
$16.01B22.70%5.50%N/A4.90%2.74N/A22.00%17.30%15.69%
MFC
MANULIFE FINANCIAL CORP
$42.64B10.20%0.60%N/A0.90%17.58N/A40.60%14.30%22.28%
NAVI
NAVIENT CORP
$1.74B4.60%0.30%N/A0.20%20.34N/A100.00%17.50%23.71%
MA
MASTERCARD INC
$426.42B186.00%28.00%54.29%69.60%5.121.17100.00%44.60%56.63%
PAX
PATRIA INVESTMENTS LTD
$2.02B21.20%11.90%17.41%42.40%0.841.1961.40%36.10%35.79%
CFG
CITIZENS FINANCIAL GROUP INC
$16.05B6.30%0.70%N/A0.90%8.12N/A100.00%19.80%25.38%
FHI
FEDERATED HERMES INC
$2.75B27.00%14.60%23.02%60.90%0.763.39100.00%18.70%26.57%
DFS
DISCOVER FINANCIAL SERVICES
$32.07B20.00%2.00%N/A2.50%9.22N/A100.00%29.00%38.05%
AB
ALLIANCEBERNSTEIN HOLDING LP
$3.93B13.40%13.40%N/A15.20%0.00N/A100.00%88.50%100.00%
FCNCA
FIRST CITIZENS BANCSHARES INC
$24.80B56.60%5.40%N/A5.60%9.06N/A100.00%65.50%69.36%
ESQ
ESQUIRE FINANCIAL HOLDINGS INC
$389.58M22.40%2.70%N/A4.10%7.14N/A100.00%37.60%51.27%
PFC
PREMIER FINANCIAL CORP
$698.16M11.90%1.30%N/A1.60%7.84N/A100.00%36.80%46.08%
NTRS
NORTHERN TRUST CORP
$17.10B8.00%0.60%N/A1.00%11.90N/A100.00%14.20%19.65%
GLAD
GLADSTONE CAPITAL CORP
$470.55M14.90%7.80%N/A7.40%0.83N/A79.00%63.00%86.57%
V
VISA INC
$546.40B46.60%20.20%33.31%82.30%1.281.4082.20%53.90%67.28%
VALU
VALUE LINE INC
$348.17M21.20%13.80%21.29%22.10%0.513.1685.70%47.80%62.69%
TBBK
BANCORP INC
$1.64B25.20%2.50%N/A3.80%8.55N/A100.00%42.90%57.34%
HUIZ
HUIZE HOLDING LTD
$30.83M18.50%7.10%20.38%20.80%3.301.0437.40%5.90%5.87%
SPFI
SOUTH PLAINS FINANCIAL INC
$437.94M16.30%1.50%N/A2.00%9.33N/A100.00%29.30%37.05%
BEN
FRANKLIN RESOURCES INC
$12.30B7.40%2.90%N/A4.70%1.41N/A100.00%11.10%16.06%
AGO
ASSURED GUARANTY LTD
$4.35B13.80%5.10%N/A4.60%1.19N/A88.20%53.80%53.61%
BRO
BROWN & BROWN INC
$23.26B17.20%6.40%14.18%31.80%1.561.03100.00%21.10%31.99%
ATLC
ATLANTICUS HOLDINGS CORP
$401.14M21.00%3.10%N/A3.20%5.51N/A100.00%21.90%36.48%
HNNA
HENNESSY ADVISORS INC
$52.19M5.50%3.40%6.32%22.40%0.6522.6250.10%20.20%37.45%
CCBG
CAPITAL CITY BANK GROUP INC
$458.82M12.40%1.20%N/A1.60%8.75N/A100.00%23.70%29.56%
VRTS
VIRTUS INVESTMENT PARTNERS INC
$1.57B15.30%3.50%N/A7.50%3.13N/A100.00%15.50%41.94%
FUTU
FUTU HOLDINGS LTD
$9.00B18.50%4.20%20.36%-19.40%2.951.3284.70%42.80%50.26%
FIHL
FIDELIS INSURANCE HOLDINGS LTD
$2.36B100.40%21.90%N/A22.30%3.09N/A80.60%59.30%57.91%
BY
BYLINE BANCORP INC
$963.91M12.30%1.30%N/A1.70%7.97N/A100.00%30.40%41.00%
MCB
METROPOLITAN BANK HOLDING CORP
$448.71M12.20%1.20%N/A1.60%9.73N/A100.00%32.40%44.84%
ICE
INTERCONTINENTAL EXCHANGE INC
$74.89B9.60%1.70%7.06%15.50%4.291.0080.70%23.90%36.68%
ITUB
ITAU UNIBANCO HOLDING SA
$61.06B18.50%1.40%N/A1.90%12.33N/A100.00%26.60%39.28%
MSBI
MIDLAND STATES BANCORP INC
$483.84M8.60%0.80%N/A1.30%8.94N/A100.00%23.60%38.22%
OPBK
OP BANCORP
$138.57M12.90%1.10%N/A1.60%10.15N/A100.00%29.40%41.24%
COF
CAPITAL ONE FINANCIAL CORP
$55.32B8.30%1.00%N/A1.30%7.24N/A100.00%17.40%22.93%
OMF
ONEMAIN HOLDINGS INC
$6.09B20.60%2.70%N/A2.10%6.63N/A92.60%25.00%32.83%
SNV
SYNOVUS FINANCIAL CORP
$5.34B10.60%0.80%N/A1.10%10.68N/A100.00%25.00%34.34%
SPGI
S&P GLOBAL INC
$129.95B8.10%4.70%7.30%30.60%0.650.9267.50%22.00%31.08%
VLY
VALLEY NATIONAL BANCORP
$3.62B7.30%0.80%N/A1.10%8.09N/A100.00%26.20%36.85%
SWKH
SWK HOLDINGS CORP
$215.33M5.70%5.10%4.98%5.60%0.193.01100.00%42.10%43.60%
LX
LEXINFINTECH HOLDINGS LTD
$288.14M11.30%4.50%12.73%10.00%1.381.5034.60%8.20%10.55%
OCSL
OAKTREE SPECIALTY LENDING CORP
$1.57B7.60%3.50%N/A4.90%1.16N/A80.60%28.80%60.33%
CBAN
COLONY BANKCORP INC
$194.37M9.00%0.70%N/A0.90%10.98N/A100.00%19.70%24.68%
USB
US BANCORP
$64.34B9.40%0.70%N/A1.00%10.99N/A100.00%19.60%26.56%
OSBC
OLD SECOND BANCORP INC
$620.50M17.30%1.60%N/A2.00%8.91N/A100.00%34.00%46.14%
HG
HAMILTON INSURANCE GROUP LTD
$1.50B13.90%4.10%N/A4.90%2.26N/A54.50%16.50%16.24%
INTR
INTER & CO INC
$2.07B4.20%0.60%N/A1.30%7.06N/A132.40%6.40%15.08%
ASB
ASSOCIATED BANC-CORP
$3.26B4.30%0.40%N/A0.50%9.26N/A100.00%16.80%20.21%
EBC
EASTERN BANKSHARES INC
$2.26B8.80%1.10%N/A0.80%6.10N/A100.00%79.30%57.71%
ONB
OLD NATIONAL BANCORP
$4.89B10.60%1.20%N/A1.50%7.83N/A100.00%31.80%42.26%
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
$1.38B15.10%3.00%N/A4.40%3.47N/A41.80%9.50%13.56%
BK
BANK OF NEW YORK MELLON CORP
$43.25B7.50%0.70%N/A1.30%9.03N/A100.00%17.40%23.35%
SMMF
SUMMIT FINANCIAL GROUP INC
$396.46M13.30%1.20%N/A1.50%9.53N/A100.00%32.90%42.62%
ERIE
ERIE INDEMNITY CO
$17.49B29.60%19.90%33.37%37.90%0.481.3016.10%14.30%17.96%
PRI
PRIMERICA INC
$7.48B27.70%3.90%N/A5.30%6.27N/A77.20%20.50%27.64%
VBTX
VERITEX HOLDINGS INC
$1.08B7.20%0.90%N/A1.20%7.09N/A100.00%28.70%38.20%
CCAP
CRESCENT CAPITAL BDC INC
$644.87M11.50%5.20%N/A3.50%1.19N/A48.20%45.50%46.24%
BAC
BANK OF AMERICA CORP
$295.62B8.70%0.80%N/A0.90%9.90N/A100.00%25.20%28.75%

Financial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
102-0.12%-0.12%-3.25%-3.56%31.11x2.33x+18.94%+3.30%+0.55%+9.16%Buy
18-0.20%+0.59%-2.18%+20.75%13.38x1.12x+12.05%+0.94%N/A+18.09%Buy
344-0.92%+0.27%-1.67%+17.51%-9.83x0.98x+11.80%+1.14%-0.00%+14.99%Buy
61+0.73%+1.95%+0.74%+18.90%18.75x1.87x+10.61%+1.73%+0.41%+6.47%Buy
60-0.12%+1.01%-1.47%+17.57%27.92x4.93x+80.29%+17.04%+29.79%+1.94%Buy
3+1.32%+14.99%+5.53%+10.80%8.11x1.88x+4.87%-0.64%-1.13%+14.65%Strong Buy
11-0.89%-3.49%-7.02%+19.44%86.51x4.48x+5.56%+5.95%+11.66%+12.12%Buy
19-0.16%-2.75%-7.47%+13.55%29.63x6.67x-132.52%+6.85%+17.09%+13.48%Buy
14+0.71%-0.68%-4.55%+21.83%9.62x1.53x+18.25%+8.19%+0.02%+16.34%Buy
20+0.66%+1.14%-6.04%+35.71%16.22x1.40x+10.77%+1.27%+0.02%+13.20%Buy
37+0.15%-2.10%-4.63%+18.61%4.28x2.17x+15.03%+3.49%+0.01%+5.49%Buy
9+0.90%-0.93%-5.37%+6.93%7.28x1.17x+21.50%+3.83%N/A+13.07%Buy
21+0.47%-0.55%-4.91%+13.74%27.55x1.53x+10.42%+3.90%+0.93%+14.71%Buy
15+0.53%+0.12%-3.31%+11.98%-51.36x0.39x-1.61%+0.50%N/A+15.83%Buy

Financial Stocks FAQ

What are the best financial stocks to buy right now in May 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 105.35% over the past year, overperforming other financial stocks by 90 percentage points.

Marathon Digital Holdings has an average 1 year price target of $23.36, an upside of 29.56% from Marathon Digital Holdings's current stock price of $18.03.

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. Noah Holdings (NYSE:NOAH)


Noah Holdings (NYSE:NOAH) is the second best financial stock with a Zen Score of 65, which is 33 points higher than the financial sector average of 32. It passed 24 out of 38 due diligence checks and has strong fundamentals. Noah Holdings has seen its stock lose -20.74% over the past year, underperforming other financial stocks by -36 percentage points.

Noah Holdings has an average 1 year price target of $18.00, an upside of 45.4% from Noah Holdings's current stock price of $12.38.

Noah Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Noah Holdings, 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.

3. Heritage Global (NASDAQ:HGBL)


Heritage Global (NASDAQ:HGBL) is the third 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 -13.29% over the past year, underperforming other financial stocks by -28 percentage points.

What are the financial stocks with highest dividends?

Out of 470 financial stocks that have issued dividends in the past year, the 3 financial 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 financial sector average of 4.27%.

Blue Ridge Bankshares's dividend payout ratio of -4.5% indicates that its dividend yield might not be sustainable for the long-term.

2. 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 4.27%. 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.

3. Ubs Group Ag (NYSE:UBS)


Ubs Group Ag (NYSE:UBS) has an annual dividend yield of N/A, which is N/A percentage points lower than the financial sector average of 4.27%. Ubs Group Ag's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Ubs Group Ag's dividend has not shown consistent growth over the last 10 years.

Ubs Group Ag's dividend payout ratio of 2.7% indicates that its dividend yield is sustainable for the long-term.

Why are financial stocks down?

Financial stocks were down -0.2% in the last day, and down -0.38% over the last week. Sofi Technologies was the among the top losers in the financial services sector, dropping -10.48% yesterday.

SoFi shares are trading lower, reversing after earlier gaining on Q1 earnings.

What are the most undervalued financial stocks?

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

1. First Business Financial Services (NASDAQ:FBIZ)


First Business Financial Services (NASDAQ:FBIZ) is the most undervalued financial stock based on WallStreetZen's Valuation Score. First Business Financial Services 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 Business Financial Services's stock has gained 20.73% in the past year. It has overperformed other stocks in the financial sector by 6 percentage points.

2. First Us Bancshares (NASDAQ:FUSB)


First Us Bancshares (NASDAQ:FUSB) is the second 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 44.71% in the past year. It has overperformed other stocks in the financial sector by 30 percentage points.

3. Midland States Bancorp (NASDAQ:MSBI)


Midland States Bancorp (NASDAQ:MSBI) is the third most undervalued financial stock based on WallStreetZen's Valuation Score. Midland States 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.

Midland States Bancorp's stock has gained 12.67% in the past year. It has underperformed other stocks in the financial sector by -3 percentage points.

Are financial stocks a good buy now?

36.17% of financial stocks rated by analysts are a buy right now. On average, analysts expect financial stocks to rise by 10.74% 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 18.23x.
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.