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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
BNS
BANK OF NOVA SCOTIA
$56.76B9.60%0.50%N/A0.70%16.67N/A100.00%22.60%28.94%
PJT
PJT PARTNERS INC
$2.28B43.90%7.00%N/A11.60%2.35N/A100.00%7.10%9.86%
SRL
SCULLY ROYALTY LTD
$95.60M0.40%0.30%2.77%3.00%0.388.0065.30%2.50%21.75%
OPY
OPPENHEIMER HOLDINGS INC
$426.38M5.30%1.40%N/A3.60%3.06N/A98.10%3.30%11.03%
CNOB
CONNECTONE BANCORP INC
$701.26M6.80%0.80%N/A1.10%7.10N/A100.00%31.00%44.83%
GAIN
GLADSTONE INVESTMENT CORPORATION
$509.64M14.90%7.80%N/A7.30%1.00N/A67.10%80.70%106.73%
BPOP
POPULAR INC
$6.23B11.60%0.80%N/A1.10%12.75N/A100.00%21.00%26.19%
PFIS
PEOPLES FINANCIAL SERVICES CORP
$268.37M8.30%0.70%N/A0.90%9.99N/A100.00%27.30%32.40%
WAL
WESTERN ALLIANCE BANCORPORATION
$6.40B12.30%1.00%N/A1.20%10.66N/A100.00%27.80%36.51%
HWC
HANCOCK WHITNEY CORP
$4.02B10.90%1.10%N/A1.40%8.35N/A100.00%29.60%36.94%
STEP
STEPSTONE GROUP INC
$4.05B7.20%1.60%N/A3.40%2.37N/A57.80%10.60%17.21%
CBU
COMMUNITY BANK SYSTEM INC
$2.34B8.10%0.90%N/A1.10%8.16N/A100.00%20.60%26.25%
FCCO
FIRST COMMUNITY CORP
$128.32M9.40%0.70%N/A0.80%12.95N/A100.00%20.40%25.85%
TCBI
TEXAS CAPITAL BANCSHARES INC
$2.71B5.10%0.50%N/A0.80%8.20N/A100.00%16.00%23.17%
CVBF
CVB FINANCIAL CORP
$2.29B11.00%1.40%N/A1.90%6.71N/A100.00%40.60%57.84%
VBNK
VERSABANK
$260.68M12.20%1.10%N/A1.50%10.08N/A100.00%40.70%55.03%
EBMT
EAGLE BANCORP MONTANA INC
$102.21M6.20%0.50%N/A0.50%11.26N/A100.00%12.00%13.92%
EHTH
EHEALTH INC
$128.49M-11.10%-6.20%-1.90%-2.00%0.354.8799.60%-14.70%-4.33%
FLIC
FIRST OF LONG ISLAND CORP
$214.52M7.10%0.60%N/A0.60%10.14N/A100.00%28.10%31.51%
FNCB
FNCB BANCORP INC
$109.47M10.30%0.70%N/A0.80%12.98N/A100.00%24.70%29.89%
FSK
FS KKR CAPITAL CORP
$5.38B10.00%4.50%N/A4.90%1.26N/A77.80%38.00%63.55%
HIVE
HIVE DIGITAL TECHNOLOGIES LTD
$261.90M-41.70%-31.50%-26.08%-26.60%0.283.5165.70%-64.60%-54.83%
MEGL
MAGIC EMPIRE GLOBAL LTD
$12.56M-0.40%-0.30%-0.36%-1.50%0.0324.13100.00%-3.50%-3.51%
BOH
BANK OF HAWAII CORP
$2.29B11.00%0.60%N/A0.90%15.31N/A100.00%23.70%33.02%
WASH
WASHINGTON TRUST BANCORP INC
$437.41M10.50%0.70%N/A0.70%14.24N/A100.00%25.30%29.68%
WNEB
WESTERN NEW ENGLAND BANCORP INC
$135.53M6.40%0.60%N/A0.70%9.80N/A100.00%19.30%25.13%
NWFL
NORWOOD FINANCIAL CORP
$196.67M9.60%0.80%N/A0.90%11.16N/A100.00%25.90%32.71%
OCFC
OCEANFIRST FINANCIAL CORP
$883.71M6.10%0.70%N/A1.00%7.15N/A100.00%25.90%35.45%
WSBC
WESBANCO INC
$1.63B6.00%0.90%N/A1.10%5.99N/A100.00%25.50%33.22%
RRBI
RED RIVER BANCSHARES INC
$334.20M12.20%1.10%N/A1.50%9.30N/A100.00%32.70%40.20%
AFBI
AFFINITY BANCSHARES INC
$107.61M5.40%0.70%N/A1.00%5.94N/A100.00%21.70%28.24%
YRD
YIREN DIGITAL LTD
$440.37M28.60%22.10%N/A64.50%0.27N/A80.10%42.50%52.39%
TCBK
TRICO BANCSHARES
$1.16B10.60%1.20%N/A1.60%7.55N/A100.00%29.80%40.83%
PEBK
PEOPLES BANCORP OF NORTH CAROLINA INC
$158.72M13.70%1.00%N/A1.20%12.52N/A100.00%20.40%26.19%
SLF
SUN LIFE FINANCIAL INC
$30.17B13.30%0.90%N/A1.40%13.11N/A39.90%10.00%13.55%
PFLT
PENNANTPARK FLOATING RATE CAPITAL LTD
$705.64M10.20%5.10%N/A5.80%1.07N/A79.60%43.40%69.33%
SLRC
SLR INVESTMENT CORP
$847.78M7.80%3.00%N/A4.40%1.56N/A76.40%33.30%64.93%
THG
HANOVER INSURANCE GROUP INC
$4.66B1.50%0.20%N/A0.50%4.93N/A11.40%0.60%1.28%
CLSK
CLEANSPARK INC
$3.59B-12.80%-11.70%-9.36%-12.20%0.064.29-8.80%-38.40%-35.81%
IBCP
INDEPENDENT BANK CORP
$522.43M15.50%1.10%N/A1.40%12.02N/A100.00%29.40%36.69%
BTBT
BIT DIGITAL INC
$230.68M-12.80%-11.30%-8.39%-14.70%0.243.0834.20%-30.90%-30.31%
CNS
COHEN & STEERS INC
$3.48B35.90%19.40%N/A28.10%0.64N/A88.90%26.40%35.27%
PFX
PHENIXFIN CORP
$92.47M19.30%11.90%N/A11.00%0.58N/A100.00%130.00%157.64%
BSIG
BRIGHTSPHERE INVESTMENT GROUP INC
$862.35M335.70%11.60%N/A14.70%11.35N/A100.00%15.40%26.91%
PTMN
PORTMAN RIDGE FINANCE CORP
$184.35M5.20%2.00%N/A4.30%1.57N/A80.60%14.90%48.07%
ALRS
ALERUS FINANCIAL CORP
$395.55M3.30%0.30%N/A0.40%9.59N/A100.00%7.00%9.55%
ORI
OLD REPUBLIC INTERNATIONAL CORP
$8.29B9.70%2.30%N/A3.00%3.13N/A64.20%8.20%11.27%
TW
TRADEWEB MARKETS INC
$23.97B7.60%5.90%N/A35.60%0.24N/A65.50%28.40%34.63%
UVE
UNIVERSAL INSURANCE HOLDINGS INC
$568.31M20.60%2.60%N/A4.00%5.79N/A28.70%4.80%6.82%
COIN
COINBASE GLOBAL INC
$52.85B1.60%0.10%0.06%0.10%31.951.03100.00%3.00%0.19%
SSSS
SURO CAPITAL CORP
$96.60M2.50%1.80%N/A3.40%0.37N/A100.00%76.80%159.91%
CALB
CALIFORNIA BANCORP
$185.85M11.50%1.10%N/A1.60%9.11N/A100.00%27.70%39.19%
GCBC
GREENE COUNTY BANCORP INC
$502.80M14.40%1.00%N/A1.20%13.01N/A100.00%39.10%44.40%
BHB
BAR HARBOR BANKSHARES
$387.83M10.80%1.10%N/A1.40%8.19N/A100.00%29.80%37.93%
EQS
EQUUS TOTAL RETURN INC
$20.11M30.50%20.20%N/A21.10%0.94N/A-677.90%5,200.40%5,215.66%
GHI
GREYSTONE HOUSING IMPACT INVESTORS LP
$358.45M16.20%3.40%N/A4.70%3.10N/A97.50%51.50%117.34%
CRVL
CORVEL CORP
$4.13B34.70%17.70%37.06%180.30%0.911.5622.00%9.70%12.29%
CPF
CENTRAL PACIFIC FINANCIAL CORP
$547.34M11.30%0.70%N/A1.00%13.61N/A100.00%23.60%30.83%
SWIN
SOLOWIN HOLDINGS LTD
$196.04M44.00%22.60%26.40%-100.30%0.552.7699.90%47.20%48.68%
PROV
PROVIDENT FINANCIAL HOLDINGS INC
$85.75M6.20%0.60%N/A0.80%9.04N/A100.00%19.90%28.80%
COFS
CHOICEONE FINANCIAL SERVICES INC
$189.13M11.70%0.80%N/A1.00%12.17N/A100.00%26.40%31.70%
CNF
CNFINANCE HOLDINGS LTD
$125.51M4.00%1.10%N/A1.00%3.08N/A100.00%28.00%35.03%
THFF
FIRST FINANCIAL CORP
$432.87M12.10%1.30%N/A1.50%8.19N/A100.00%29.90%35.77%
HWBK
HAWTHORN BANCSHARES INC
$129.88M0.80%0.10%N/A0.00%12.78N/A100.00%1.50%0.67%
SFBC
SOUND FINANCIAL BANCORP INC
$100.30M7.40%0.70%N/A0.90%8.89N/A100.00%19.00%23.00%
QD
QUDIAN INC
$501.50M0.30%0.30%0.87%1.70%0.0713.47-26.70%31.00%80.32%
WTBA
WEST BANCORPORATION INC
$276.59M10.20%0.60%N/A0.60%16.71N/A100.00%29.20%36.13%
CUBI
CUSTOMERS BANCORP INC
$1.50B15.50%1.10%N/A1.60%12.01N/A95.60%34.50%48.40%
IX
ORIX CORP
$25.57B7.80%1.80%N/A2.80%3.21N/A42.00%10.40%21.09%
CHMG
CHEMUNG FINANCIAL CORP
$202.81M13.90%0.90%N/A1.20%12.88N/A100.00%26.10%32.90%
CPSS
CONSUMER PORTFOLIO SERVICES INC
$179.39M17.50%1.60%N/A3.90%9.57N/A75.00%12.90%59.01%
CZNC
CITIZENS & NORTHERN CORP
$263.89M9.60%1.00%N/A1.20%8.59N/A100.00%23.10%29.13%
DFIN
DONNELLEY FINANCIAL SOLUTIONS INC
$1.85B22.00%9.60%19.46%33.00%1.011.0358.20%10.30%14.78%
PDLB
PONCE FINANCIAL GROUP INC
$192.70M0.70%0.10%N/A0.20%4.60N/A100.00%4.50%7.85%
UVSP
UNIVEST FINANCIAL CORP
$630.14M8.80%0.90%N/A1.10%8.27N/A100.00%24.90%31.00%
WTM
WHITE MOUNTAINS INSURANCE GROUP LTD
$4.52B12.70%6.20%N/A6.70%0.90N/A64.60%23.50%25.68%
PUK
PRUDENTIAL PLC
$25.88B9.80%1.00%N/A1.40%8.76N/A59.70%15.70%20.85%
MGYR
MAGYAR BANCORP INC
$75.79M7.30%0.90%N/A1.20%7.61N/A100.00%25.00%34.74%
AON
AON PLC
$61.11B-698.60%7.20%19.60%20.70%-306.731.31100.00%19.00%27.34%
SCM
STELLUS CAPITAL INVESTMENT CORP
$337.76M5.70%1.90%N/A3.50%1.84N/A76.60%16.60%48.19%
NRDS
NERDWALLET INC
$983.38M-3.40%-2.90%3.06%9.30%0.184.1790.80%-2.10%2.03%
BYFC
BROADWAY FINANCIAL CORP
$47.67M1.70%0.40%N/A0.50%3.44N/A100.00%14.40%20.86%
OPOF
OLD POINT FINANCIAL CORP
$70.57M7.50%0.50%N/A0.60%12.55N/A100.00%13.00%15.24%
OBT
ORANGE COUNTY BANCORP INC
$257.87M19.50%1.20%N/A1.50%14.03N/A100.00%31.40%39.54%
RY
ROYAL BANK OF CANADA
$138.00B13.30%0.80%N/A1.00%15.96N/A95.50%27.90%32.03%
VBFC
VILLAGE BANK & TRUST FINANCIAL CORP
$63.22M3.00%0.30%N/A0.30%9.90N/A100.00%7.60%8.59%
FUFU
BITFUFU INC
$503.37M152.70%7.50%14.73%22.50%11.121.404.50%3.70%6.41%
FAF
FIRST AMERICAN FINANCIAL CORP
$5.62B4.60%1.40%N/A3.10%2.07N/A29.10%3.60%6.89%
FGBI
FIRST GUARANTY BANCSHARES INC
$126.92M2.90%0.20%N/A0.40%13.23N/A100.00%7.50%12.99%
RBB
RBB BANCORP
$331.47M8.50%1.00%N/A1.50%6.88N/A100.00%32.40%46.01%
CIA
CITIZENS INC
$108.07M15.60%1.50%N/A1.60%8.70N/A41.70%10.20%10.88%
FMBH
FIRST MID BANCSHARES INC
$751.33M9.70%1.00%N/A1.20%8.57N/A100.00%25.10%32.25%
PRK
PARK NATIONAL CORP
$2.15B11.50%1.30%N/A1.60%7.59N/A100.00%27.40%34.19%
FSFG
FIRST SAVINGS FINANCIAL GROUP INC
$109.55M3.80%0.30%N/A0.20%13.03N/A100.00%7.70%7.06%
SAFT
SAFETY INSURANCE GROUP INC
$1.17B2.40%0.90%N/A1.20%1.60N/A31.00%2.00%2.71%
OVBC
OHIO VALLEY BANC CORP
$112.65M9.10%1.00%N/A1.20%8.39N/A100.00%22.30%26.87%
SUPV
GRUPO SUPERVIELLE SA
$552.45M23.80%3.70%N/A6.70%5.03N/A100.00%11.30%18.88%
SLQT
SELECTQUOTE INC
$277.15M-14.40%-4.10%2.92%1.80%2.672.1146.00%-4.30%2.65%
GNTY
GUARANTY BANCSHARES INC
$341.54M10.00%0.90%N/A1.10%9.50N/A100.00%25.10%31.10%
RWAY
RUNWAY GROWTH FINANCE CORP
$518.11M7.80%4.00%N/A5.50%0.97N/A78.20%27.00%53.68%

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. 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.

2. 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.

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. Navient (NASDAQ:NAVI)


Navient (NASDAQ:NAVI) is the most undervalued financial stock based on WallStreetZen's Valuation Score. Navient 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.

Navient's stock has dropped -4.72% in the past year. It has underperformed other stocks in the financial sector by -20 percentage points.

2. Midland States Bancorp (NASDAQ:MSBI)


Midland States Bancorp (NASDAQ:MSBI) is the second 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.

3. First Business Financial Services (NASDAQ:FBIZ)


First Business Financial Services (NASDAQ:FBIZ) is the third 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.

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.