Sectors & IndustriesFinancial Services
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

Overview Zen Score Price Valuation Financials

Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	ROE	ROA	ROCE	ROIC	D/E	Current Ratio	Gross Margin	Profit Margin	Operating Margin
BCOW	1895 BANCORP OF WISCONSIN INC	$42.86M	-9.30%	-1.20%	N/A	-1.00%	6.89	N/A	100.00%	-63.50%	-59.40%
FUFU	BITFUFU INC	$524.94M	N/A	N/A	N/A	N/A	1.63	2.93	N/A	N/A	N/A
CFSB	CFSB BANCORP INC	$43.78M	0.00%	0.00%	N/A	0.00%	3.72	N/A	100.00%	-0.30%	0.81%
TFIN	TRIUMPH FINANCIAL INC	$1.78B	3.60%	0.60%	N/A	0.90%	5.39	N/A	100.00%	7.80%	11.29%
BRDG	BRIDGE INVESTMENT GROUP HOLDINGS INC	$944.89M	1.30%	0.10%	N/A	2.50%	8.12	N/A	18.60%	0.30%	10.07%
BRBS	BLUE RIDGE BANKSHARES INC	$70.10M	-30.00%	-1.90%	N/A	-2.00%	16.00	N/A	100.00%	-62.10%	-71.24%
NSTS	NSTS BANCORP INC	$50.50M	-5.60%	-1.70%	N/A	-1.40%	2.45	N/A	100.00%	-85.70%	-65.61%
PAPL	PINEAPPLE FINANCIAL INC	$9.12M	-107.70%	-55.00%	-63.97%	-110.00%	0.89	2.03	100.00%	-113.80%	-111.20%
RKT	ROCKET COMPANIES INC	$29.13B	3.10%	0.10%	N/A	0.60%	20.89	N/A	51.40%	0.40%	3.81%
TREE	LENDINGTREE INC	$603.17M	-89.90%	-14.80%	-15.16%	-14.00%	6.05	3.71	94.80%	-21.10%	-19.88%
GRDI	GRIID INFRASTRUCTURE INC	$55.39M	N/A	-9.80%	132.90%	36.30%	-1.70	0.14	35.00%	-23.30%	168.10%
CARV	CARVER BANCORP INC	$9.57M	-10.60%	-0.60%	N/A	-0.60%	17.15	N/A	100.00%	-16.30%	-16.28%
VERY	VERICITY INC	$167.79M	-12.60%	-1.70%	N/A	-1.80%	7.02	N/A	59.80%	-7.60%	-8.52%
PRA	PROASSURANCE CORP	$734.06M	-2.60%	-0.50%	N/A	0.00%	4.08	N/A	31.30%	-2.40%	-0.19%
LDI	LOANDEPOT INC	$673.07M	-28.10%	-1.60%	N/A	0.40%	17.28	N/A	35.90%	-10.30%	3.49%
BSBK	BOGOTA FINANCIAL CORP	$89.48M	-0.60%	-0.10%	N/A	-0.10%	6.04	N/A	100.00%	-5.50%	-10.72%
CLST	CATALYST BANCORP INC	$53.17M	-5.00%	-1.50%	N/A	-2.10%	2.47	N/A	100.00%	-107.70%	-138.45%
SRBK	SR BANCORP INC	$87.28M	N/A	N/A	N/A	N/A	4.28	N/A	N/A	N/A	N/A
FFWM	FIRST FOUNDATION INC	$362.24M	-22.40%	-1.60%	N/A	-1.60%	13.63	N/A	100.00%	-88.90%	-90.66%
TCBS	TEXAS COMMUNITY BANCSHARES INC	$43.96M	-4.50%	-0.50%	N/A	-0.60%	8.01	N/A	100.00%	-25.50%	-32.19%
PNBK	PATRIOT NATIONAL BANCORP INC	$11.45M	-8.40%	-0.30%	N/A	-0.40%	23.59	N/A	100.00%	-13.80%	-17.89%
KFFB	KENTUCKY FIRST FEDERAL BANCORP	$28.02M	-1.20%	-0.20%	N/A	-0.20%	6.53	N/A	100.00%	-8.20%	-10.84%
HMST	HOMESTREET INC	$190.46M	-7.60%	-0.40%	N/A	-0.40%	16.93	N/A	100.00%	-20.90%	-25.97%
BETR	BETTER HOME & FINANCE HOLDING CO	$302.24M	N/A	-55.20%	N/A	-41.20%	10.03	N/A	21.00%	-637.60%	-614.59%
CWD	CALIBERCOS INC	$21.39M	-434.30%	-5.30%	N/A	-2.20%	-154.33	N/A	-29.80%	-18.10%	-12.00%
CNFR	CONIFER HOLDINGS INC	$11.43M	-314.50%	-8.90%	N/A	-7.40%	116.66	N/A	18.50%	-27.60%	-23.92%
BCG	BINAH CAPITAL GROUP INC	$69.08M	11.40%	0.80%	N/A	9.90%	12.21	N/A	18.90%	0.30%	3.34%
DOMA	DOMA HOLDINGS INC	$84.49M	N/A	-40.40%	N/A	-24.70%	-6.36	N/A	18.00%	-32.60%	-25.04%
BENF	BENEFICIENT	$12.09M	-667.60%	-129.90%	N/A	-339.50%	-1.43	N/A	100.00%	1,347.70%	1,330.71%

Financial Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Asset Management	101	-0.30%	+1.47%	+3.45%	+0.21%	28.18x	2.42x	+20.78%	+3.60%	+0.56%	+6.09%	Buy
Banks - Diversified	17	-1.72%	-0.18%	+3.44%	+25.07%	12.92x	1.12x	+11.81%	+0.88%	N/A	+15.17%	Buy
Banks - Regional	342	-0.98%	+0.82%	+4.67%	+21.54%	-8.74x	1.05x	+11.10%	+1.16%	-0.00%	+10.49%	Buy
Capital Markets	67	+0.31%	+3.27%	+8.74%	+31.62%	12.64x	1.97x	+10.30%	+1.99%	+0.75%	+1.60%	Buy
Credit Services	54	-0.57%	-0.91%	+0.40%	+20.06%	27.36x	4.97x	+78.95%	+17.37%	+31.06%	+4.51%	Buy
Financial Conglomerates	3	+1.03%	-4.03%	+19.35%	+16.73%	7.63x	1.99x	+5.09%	-0.89%	-1.02%	+10.24%	Strong Buy
Financial Data & Stock Exchanges	11	+0.57%	+3.65%	+2.35%	+25.43%	36.94x	4.60x	+7.31%	+6.15%	+13.51%	+6.51%	Buy
Insurance Brokers	17	+0.06%	+1.75%	+3.78%	+20.27%	30.51x	7.00x	-129.32%	+6.98%	+16.99%	+7.74%	Buy
Insurance - Diversified	14	-1.15%	+0.83%	+3.77%	+24.96%	12.11x	1.56x	+14.45%	+6.27%	+0.02%	+11.67%	Strong Buy
Insurance - Life	19	-0.71%	+0.70%	+4.59%	+25.68%	15.88x	1.45x	+12.85%	+1.41%	+0.01%	+7.63%	Buy
Insurance - Property & Casualty	37	-1.08%	-0.34%	+1.94%	+26.08%	17.19x	2.18x	+18.72%	+4.23%	+0.01%	+1.23%	Buy
Insurance - Reinsurance	9	-0.87%	+1.98%	+5.52%	+19.53%	7.78x	1.20x	+20.46%	+3.82%	N/A	+6.19%	Buy
Insurance - Specialty	21	-0.83%	-0.27%	+2.20%	+19.72%	25.98x	1.58x	+11.84%	+4.05%	+1.08%	+15.07%	Buy
Mortgage Finance	17	-0.94%	+1.25%	+6.06%	+13.76%	67.60x	0.42x	+4.21%	+0.36%	-0.01%	+11.14%	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 76, which is 45 points higher than the financial sector average of 31. It passed 25 out of 33 due diligence checks and has strong fundamentals. Marathon Digital Holdings has seen its stock return 130.82% over the past year, overperforming other financial stocks by 111 percentage points.

Marathon Digital Holdings has an average 1 year price target of $21.90, a downside of -1.88% from Marathon Digital Holdings's current stock price of $22.32.

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 34 points higher than the financial sector average of 31. It passed 24 out of 38 due diligence checks and has strong fundamentals. Noah Holdings has seen its stock lose -1.29% over the past year, underperforming other financial stocks by -22 percentage points.

3. Selective Insurance Group (NASDAQ:SIGI)

Selective Insurance Group (NASDAQ:SIGI) is the third best financial stock with a Zen Score of 64, which is 33 points higher than the financial sector average of 31. It passed 23 out of 38 due diligence checks and has strong fundamentals. Selective Insurance Group has seen its stock lose -6.1% over the past year, underperforming other financial stocks by -26 percentage points.

Selective Insurance Group has an average 1 year price target of $109.50, an upside of 13.11% from Selective Insurance Group's current stock price of $96.81.

Selective Insurance Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Selective Insurance Group, 0% have issued a Strong Buy rating, 25% have issued a Buy, 75% 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 465 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 3.89%.

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

2. Scully Royalty (NYSE:SRL)

Scully Royalty (NYSE:SRL) has an annual dividend yield of N/A, which is N/A percentage points lower than the financial sector average of 3.89%. Scully Royalty's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Scully Royalty's dividend has shown consistent growth over the last 10 years.

Scully Royalty's dividend payout ratio of 260.7% indicates that its 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 19.38%, which is 15 percentage points higher than the financial sector average of 3.89%. 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 -6,300% indicates that its high dividend yield might not be sustainable for the long-term.

Why are financial stocks down?

Financial stocks were down -0.62% in the last day, and up 0.95% over the last week. Jpmorgan Chase & Co was the among the top losers in the financial services sector, dropping -4.5% yesterday.

JP Morgan shares are trading lower after CEO Jamie Dimon suggested the company would not buy back a lot of stock at current prices.

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 60 points higher than the financial sector average of 40. It passed 7 out of 7 valuation due diligence checks.

First Us Bancshares's stock has gained 41.09% in the past year. It has overperformed other stocks in the financial sector by 21 percentage points.

2. Southern Missouri Bancorp (NASDAQ:SMBC)

Southern Missouri Bancorp (NASDAQ:SMBC) is the second most undervalued financial stock based on WallStreetZen's Valuation Score. Southern Missouri Bancorp has a valuation score of 100, which is 60 points higher than the financial sector average of 40. It passed 7 out of 7 valuation due diligence checks.

Southern Missouri Bancorp's stock has gained 16.7% in the past year. It has underperformed other stocks in the financial sector by -4 percentage points.

3. International General Insurance Holdings (NASDAQ:IGIC)

International General Insurance Holdings (NASDAQ:IGIC) is the third most undervalued financial stock based on WallStreetZen's Valuation Score. International General Insurance Holdings has a valuation score of 100, which is 60 points higher than the financial sector average of 40. It passed 7 out of 7 valuation due diligence checks.

International General Insurance Holdings's stock has gained 63.08% in the past year. It has overperformed other stocks in the financial sector by 43 percentage points.

Are financial stocks a good buy now?

36.52% of financial stocks rated by analysts are a buy right now. On average, analysts expect financial stocks to rise by 6.94% 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 16.17x.

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.