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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
$5.31B$19.45-1.02%$910.57M7.12x0.19
NOAH
NOAH HOLDINGS LTD
NYSE
Asset Management
$990.66M$15.100.53%$208.60M7.50x0.22
RIOT
RIOT PLATFORMS INC
NASDAQ
Capital Markets
$2.91B$10.060.60%$426.08M11.43x0.06
SIGI
SELECTIVE INSURANCE GROUP INC
NASDAQ
Insurance - Property & Casualty
$5.94B$97.78-0.14%$505.20M17.15x3.01
SMBC
SOUTHERN MISSOURI BANCORP INC
NASDAQ
Banks - Regional
$495.09M$43.600.81%$75.66M9.32x8.69
HCI
HCI GROUP INC
NYSE
Insurance - Property & Casualty
$1.05B$99.98-0.97%$173.25M8.26x3.65
SBCF
SEACOAST BANKING CORP OF FLORIDA
NASDAQ
Banks - Regional
$2.07B$24.411.41%$161.80M17.44x6.00
QFIN
QIFU TECHNOLOGY INC
NASDAQ
Credit Services
$3.37B$21.30-0.79%$742.46M5.76x1.09
HDB
HDFC BANK LTD
NYSE
Banks - Regional
$105.50B$56.781.32%$8.33B17.48x7.84
JHG
JANUS HENDERSON GROUP PLC
NYSE
Asset Management
$5.52B$34.370.41%$576.20M13.02x0.35
ACGL
ARCH CAPITAL GROUP LTD
NASDAQ
Insurance - Diversified
$37.92B$100.992.20%$4.24B7.76x2.24
LPRO
OPEN LENDING CORP
NASDAQ
Credit Services
$747.17M$6.271.13%$32.57M57.00x0.80
HGBL
HERITAGE GLOBAL INC
NASDAQ
Capital Markets
$84.39M$2.26-0.22%$14.16M7.29x0.33
EVR
EVERCORE INC
NYSE
Capital Markets
$7.84B$203.482.11%$355.60M30.06x0.94
WBS
WEBSTER FINANCIAL CORP
NYSE
Banks - Regional
$8.00B$46.660.69%$1.19B9.52x7.71
FHI
FEDERATED HERMES INC
NYSE
Asset Management
$2.76B$32.79-0.79%$455.94M9.32x0.76
AMRK
A-MARK PRECIOUS METALS INC
NASDAQ
Capital Markets
$887.63M$38.774.53%$154.57M11.34x1.86
AMK
ASSETMARK FINANCIAL HOLDINGS INC
NYSE
Asset Management
$2.53B$33.94-0.21%$239.35M17.49x0.27
CBFV
CB FINANCIAL SERVICES INC
NASDAQ
Banks - Regional
$117.09M$22.770.35%$32.86M5.16x9.40
MFC
MANULIFE FINANCIAL CORP
NYSE
Insurance - Life
$48.20B$26.691.14%$5.53B15.63x17.77
SEIC
SEI INVESTMENTS CO
NASDAQ
Asset Management
$8.98B$68.33-0.03%$699.61M18.57x0.14
CINF
CINCINNATI FINANCIAL CORP
NASDAQ
Insurance - Property & Casualty
$18.80B$120.061.30%$3.12B7.94x1.67
ORRF
ORRSTOWN FINANCIAL SERVICES INC
NASDAQ
Banks - Regional
$286.78M$26.75-0.26%$48.74M7.91x10.72
LNC
LINCOLN NATIONAL CORP
NYSE
Insurance - Life
$5.15B$30.260.67%$2.34B4.09x49.81
MTG
MGIC INVESTMENT CORP
NYSE
Insurance - Specialty
$5.65B$21.190.43%$994.46M8.09x0.28
TRV
TRAVELERS COMPANIES INC
NYSE
Insurance - Property & Casualty
$50.31B$219.710.22%$4.20B16.17x4.09
AFL
AFLAC INC
NYSE
Insurance - Life
$50.21B$88.371.41%$6.28B9.67x4.30
VCTR
VICTORY CAPITAL HOLDINGS INC
NASDAQ
Asset Management
$3.34B$51.69-0.69%$387.11M15.48x1.33
PAX
PATRIA INVESTMENTS LTD
NASDAQ
Asset Management
$1.93B$13.03-0.91%$144.38M16.31x0.84
MA
MASTERCARD INC
NYSE
Credit Services
$427.87B$460.270.31%$15.76B36.47x4.87
MMC
MARSH & MCLENNAN COMPANIES INC
NYSE
Insurance Brokers
$103.46B$209.970.40%$6.80B26.44x2.81
GROW
U S GLOBAL INVESTORS INC
NASDAQ
Asset Management
$37.29M$2.680.37%$2.18M22.33x0.06
BLX
FOREIGN TRADE BANK OF LATIN AMERICA INC
NYSE
Banks - Regional
$1.12B$30.700.66%$169.25M6.75x7.93
OMF
ONEMAIN HOLDINGS INC
NYSE
Credit Services
$5.99B$49.980.18%$1.07B9.74x6.44
FUSB
FIRST US BANCSHARES INC
NASDAQ
Banks - Regional
$57.83M$9.99-8.01%$13.04M6.99x10.60
SPFI
SOUTH PLAINS FINANCIAL INC
NASDAQ
Banks - Regional
$449.73M$27.391.44%$88.14M7.13x9.32
AGO
ASSURED GUARANTY LTD
NYSE
Insurance - Specialty
$4.21B$77.24-0.14%$774.00M5.89x1.15
MTB
M&T BANK CORP
NYSE
Banks - Regional
$25.66B$153.790.21%$3.77B10.34x6.92
VALU
VALUE LINE INC
NASDAQ
Financial Data & Stock Exchanges
$376.62M$39.963.36%$25.35M20.60x0.51
BFH
BREAD FINANCIAL HOLDINGS INC
NYSE
Credit Services
$2.06B$41.562.47%$602.00M5.19x6.36
AB
ALLIANCEBERNSTEIN HOLDING LP
NYSE
Asset Management
$3.90B$33.85-0.32%$309.68M14.05x0.00
CASH
PATHWARD FINANCIAL INC
NASDAQ
Banks - Regional
$1.37B$54.16-0.02%$255.49M8.10x9.05
PFC
PREMIER FINANCIAL CORP
NASDAQ
Banks - Regional
$762.82M$21.300.19%$149.25M6.87x7.86
BEN
FRANKLIN RESOURCES INC
NYSE
Asset Management
$12.77B$24.280.50%$1.81B13.87x1.41
BRO
BROWN & BROWN INC
NYSE
Insurance Brokers
$25.62B$89.830.48%$1.62B27.47x1.56
CCBG
CAPITAL CITY BANK GROUP INC
NASDAQ
Banks - Regional
$476.95M$28.15-0.25%$73.38M9.14x8.75
MKL
MARKEL GROUP INC
NYSE
Insurance - Property & Casualty
$21.63B$1,663.210.64%$3.69B8.97x2.61
HNNA
HENNESSY ADVISORS INC
NASDAQ
Asset Management
$55.59M$7.24-0.41%$9.76M10.49x0.66
DFS
DISCOVER FINANCIAL SERVICES
NYSE
Credit Services
$31.43B$125.420.49%$3.32B14.25x9.37
ASB
ASSOCIATED BANC-CORP
NYSE
Banks - Regional
$3.36B$22.270.41%$224.45M22.49x9.30
EG
EVEREST GROUP LTD
NYSE
Insurance - Reinsurance
$17.08B$392.921.20%$2.72B5.82x2.74
AXS
AXIS CAPITAL HOLDINGS LTD
NYSE
Insurance - Specialty
$6.05B$71.481.17%$620.93M10.83x4.77
BTBT
BIT DIGITAL INC
NASDAQ
Capital Markets
$232.82M$2.17-5.24%$57.88M7.00x0.10
SKWD
SKYWARD SPECIALTY INSURANCE GROUP INC
NASDAQ
Insurance - Property & Casualty
$1.46B$36.530.74%$151.85M12.86x3.60
CFG
CITIZENS FINANCIAL GROUP INC
NYSE
Banks - Regional
$16.91B$37.161.75%$2.13B13.32x8.28
EZPW
EZCORP INC
NASDAQ
Credit Services
$562.06M$10.230.69%$206.38M7.20x0.88
COF
CAPITAL ONE FINANCIAL CORP
NYSE
Credit Services
$54.16B$141.810.54%$9.25B11.08x7.33
PYPL
PAYPAL HOLDINGS INC
NASDAQ
Credit Services
$67.45B$64.480.59%$6.61B16.20x3.03
MAIN
MAIN STREET CAPITAL CORP
NYSE
Asset Management
$4.18B$48.750.21%$585.83M8.88x0.89
HMN
HORACE MANN EDUCATORS CORP
NYSE
Insurance - Property & Casualty
$1.43B$34.850.03%$136.10M22.20x10.75
RF
REGIONS FINANCIAL CORP
NYSE
Banks - Regional
$18.48B$20.180.40%$2.40B10.97x8.09
OSBC
OLD SECOND BANCORP INC
NASDAQ
Banks - Regional
$669.10M$14.920.81%$128.14M7.46x8.42
BY
BYLINE BANCORP INC
NYSE
Banks - Regional
$1.06B$23.990.84%$158.86M8.76x8.33
ITIC
INVESTORS TITLE CO
NASDAQ
Insurance - Specialty
$307.63M$163.300.44%$33.37M12.34x0.30
VLY
VALLEY NATIONAL BANCORP
NASDAQ
Banks - Regional
$4.03B$7.921.28%$646.79M9.32x8.07
GLAD
GLADSTONE CAPITAL CORP
NASDAQ
Asset Management
$481.64M$22.140.27%$90.69M6.71x0.88
HLNE
HAMILTON LANE INC
NASDAQ
Asset Management
$6.24B$115.60-1.83%$201.78M35.14x1.25
V
VISA INC
NYSE
Credit Services
$563.00B$280.100.09%$23.95B31.33x1.28
HBAN
HUNTINGTON BANCSHARES INC
NASDAQ
Banks - Regional
$20.59B$14.210.28%$2.97B12.69x9.01
MCO
MOODYS CORP
NYSE
Financial Data & Stock Exchanges
$75.58B$413.920.46%$2.83B45.04x3.15
ATLC
ATLANTICUS HOLDINGS CORP
NASDAQ
Credit Services
$357.38M$24.160.92%$132.67M4.55x5.37
GLRE
GREENLIGHT CAPITAL RE LTD
NASDAQ
Insurance - Reinsurance
$468.36M$13.261.14%$114.34M4.18x2.01
WABC
WESTAMERICA BANCORPORATION
NASDAQ
Banks - Regional
$1.34B$50.370.90%$227.67M8.51x7.17
CCAP
CRESCENT CAPITAL BDC INC
NASDAQ
Asset Management
$662.66M$17.880.39%$105.54M6.34x1.16
WU
WESTERN UNION CO
NYSE
Credit Services
$4.45B$13.14-0.38%$1.02B7.73x19.24
KEY
KEYCORP
NYSE
Banks - Regional
$14.52B$15.400.46%$1.17B19.49x11.89
HGTY
HAGERTY INC
NYSE
Insurance - Property & Casualty
$2.93B$8.701.52%$71.12M48.33x11.38
WT
WISDOMTREE INC
NYSE
Asset Management
$1.43B$9.450.64%$147.01M13.70x0.89
OCSL
OAKTREE SPECIALTY LENDING CORP
NASDAQ
Credit Services
$1.58B$19.37-0.05%$232.17M14.24x1.16
PFLT
PENNANTPARK FLOATING RATE CAPITAL LTD
NYSE
Asset Management
$752.69M$11.280.18%$130.41M7.32x1.24
ESNT
ESSENT GROUP LTD
NYSE
Insurance - Specialty
$6.06B$56.830.32%$871.73M8.51x0.26
SIEB
SIEBERT FINANCIAL CORP
NASDAQ
Capital Markets
$91.61M$2.30-1.71%$13.52M10.95x10.49
FUTU
FUTU HOLDINGS LTD
NASDAQ
Capital Markets
$11.08B$80.413.38%$663.41M20.31x2.95
IBOC
INTERNATIONAL BANCSHARES CORP
NASDAQ
Banks - Regional
$3.77B$60.690.28%$539.92M9.25x5.18
PRI
PRIMERICA INC
NYSE
Insurance - Life
$7.85B$228.081.67%$821.23M13.87x5.82
TCBX
THIRD COAST BANCSHARES INC
NASDAQ
Banks - Regional
$293.81M$21.520.94%$42.10M9.83x10.00
PLMR
PALOMAR HOLDINGS INC
NASDAQ
Insurance - Property & Casualty
$2.17B$87.102.11%$123.37M24.47x2.76
ICE
INTERCONTINENTAL EXCHANGE INC
NYSE
Financial Data & Stock Exchanges
$79.38B$138.400.94%$5.15B31.67x4.01
HOOD
ROBINHOOD MARKETS INC
NASDAQ
Capital Markets
$17.66B$20.0912.23%$206.00M133.93x5.69
SNV
SYNOVUS FINANCIAL CORP
NYSE
Banks - Regional
$5.87B$40.111.11%$690.53M13.69x10.92
CFB
CROSSFIRST BANKSHARES INC
NASDAQ
Banks - Regional
$669.89M$13.591.72%$96.56M9.85x9.46
VINP
VINCI PARTNERS INVESTMENTS LTD
NASDAQ
Asset Management
$626.05M$11.001.85%$71.89M13.46x0.68
APAM
ARTISAN PARTNERS ASSET MANAGEMENT INC
NYSE
Asset Management
$3.60B$44.84-0.82%$324.27M13.67x2.81
SYF
SYNCHRONY FINANCIAL
NYSE
Credit Services
$17.64B$43.941.06%$4.25B6.25x6.93
USB
US BANCORP
NYSE
Banks - Regional
$64.65B$41.43-0.53%$7.35B13.76x11.29
ITUB
ITAU UNIBANCO HOLDING SA
NYSE
Banks - Regional
$64.00B$6.530.93%$10.72B9.83x12.33
THG
HANOVER INSURANCE GROUP INC
NYSE
Insurance - Property & Casualty
$4.94B$137.560.79%$244.70M30.30x4.79
FRHC
FREEDOM HOLDING CORP
NASDAQ
Capital Markets
$4.45B$74.545.02%$865.43M13.75x6.19
INDB
INDEPENDENT BANK CORP
NASDAQ
Banks - Regional
$2.25B$52.950.47%$333.06M10.22x5.70
PRU
PRUDENTIAL FINANCIAL INC
NYSE
Insurance - Life
$43.55B$121.311.15%$2.97B20.67x25.60

Financial Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
101+0.01%+1.29%+5.78%+1.80%28.21x2.43x+20.77%+3.59%+0.56%+5.76%Buy
17+0.67%+1.71%+9.23%+26.81%13.12x1.14x+11.84%+0.89%N/A+12.76%Buy
342+0.44%+1.50%+10.46%+23.66%-7.74x1.06x+11.08%+1.16%-0.00%+9.32%Buy
67+1.09%+2.90%+12.17%+31.74%15.14x1.97x+10.36%+1.95%+0.73%+1.62%Buy
54+0.26%-0.61%+2.51%+22.33%27.44x4.99x+78.84%+17.36%+31.06%+3.96%Buy
3+0.40%-2.12%+21.67%+18.65%7.86x1.99x+5.63%-0.86%-1.02%+9.54%Strong Buy
11+1.04%+2.71%+3.68%+27.39%36.83x4.59x+7.37%+6.17%+13.47%+7.34%Buy
17+0.35%+0.98%+5.73%+21.05%30.64x7.02x-128.68%+6.97%+16.97%+7.33%Buy
14+0.90%+1.26%+8.50%+27.20%12.22x1.58x+14.44%+6.27%+0.02%+10.64%Strong Buy
19+0.77%+1.05%+8.00%+27.25%16.20x1.47x+12.81%+1.40%+0.01%+6.44%Buy
37+1.13%-0.63%+6.25%+27.92%17.39x2.22x+18.69%+4.23%+0.01%-0.51%Buy
9+1.07%+2.14%+11.18%+19.36%7.87x1.21x+20.45%+3.82%N/A+6.25%Buy
21+0.08%+0.49%+6.08%+20.81%25.79x1.59x+11.87%+4.10%+1.06%+13.53%Buy
17+0.14%+0.79%+10.23%+14.52%65.32x0.41x+4.21%+0.38%-0.01%+9.93%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 44 points higher than the financial sector average of 32. It passed 25 out of 33 due diligence checks and has strong fundamentals. Marathon Digital Holdings has seen its stock return 92.77% over the past year, overperforming other financial stocks by 71 percentage points.

Marathon Digital Holdings has an average 1 year price target of $21.90, an upside of 12.6% from Marathon Digital Holdings's current stock price of $19.45.

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 -4.97% over the past year, underperforming other financial stocks by -27 percentage points.

3. Riot Platforms (NASDAQ:RIOT)


Riot Platforms (NASDAQ:RIOT) is the third best financial stock with a Zen Score of 65, which is 33 points higher than the financial sector average of 32. It passed 21 out of 33 due diligence checks and has strong fundamentals. Riot Platforms has seen its stock lose -12.75% over the past year, underperforming other financial stocks by -35 percentage points.

Riot Platforms has an average 1 year price target of $17.86, an upside of 77.5% from Riot Platforms's current stock price of $10.06.

Riot Platforms stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Riot Platforms, 57.14% have issued a Strong Buy rating, 42.86% have issued a Buy, 0% 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 3.84%.

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 3.84%. 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 19.44%, which is 16 percentage points higher than the financial sector average of 3.84%. 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 up?

Financial stocks were up 0.61% in the last day, and up 1.07% over the last week. Dunxin Financial Holdings was the among the top gainers in the financial services sector, gaining 63.16% yesterday.

Shares of US-listed Chinese stocks are trading higher after China unveiled measures to support the property sector.

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 40.31% in the past year. It has overperformed other stocks in the financial sector by 18 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 27.93% in the past year. It has overperformed other stocks in the financial sector by 6 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 76.33% in the past year. It has overperformed other stocks in the financial sector by 54 percentage points.

Are financial stocks a good buy now?

36.73% of financial stocks rated by analysts are a buy right now. On average, analysts expect financial stocks to rise by 6.16% 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 16.53x.
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.