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Best Bank Stocks to Buy Now (2024)
Top bank stocks in 2024 ranked by overall Zen Score. See the best bank stocks to buy now, according to analyst forecasts for the banks - regional industry.

Industry: Banks - Regional
Ticker
Company
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
SMBC
SOUTHERN MISSOURI BANCORP INC
$478.17M1.99%17.90%$0.2100$0.8442%0
CBFV
CB FINANCIAL SERVICES INC
$115.08M4.47%22.70%$0.2500$1.0076%0
HDB
HDFC BANK LTD
$107.56B1.20%21.50%$0.6968$0.7025%1
SBCF
SEACOAST BANKING CORP OF FLORIDA
$2.01B3.04%51.40%$0.1800$0.7258%02024-06-142024-06-28
WBS
WEBSTER FINANCIAL CORP
$7.58B3.62%32.70%$0.4000$1.6066%0
ORRF
ORRSTOWN FINANCIAL SERVICES INC
$279.92M3.06%23.70%$0.2000$0.8059%0
BLX
FOREIGN TRADE BANK OF LATIN AMERICA INC
$1.10B5.00%27.50%$0.5000$1.5080%1
MTB
M&T BANK CORP
$25.30B2.57%35.00%$1.3000$3.9052%02024-06-032024-06-28
HBAN
HUNTINGTON BANCSHARES INC
$20.17B4.45%55.40%$0.1550$0.6276%02024-06-172024-07-01
FUSB
FIRST US BANCSHARES INC
$58.35M1.98%14.00%$0.0500$0.2042%02024-06-072024-07-01
SPFI
SOUTH PLAINS FINANCIAL INC
$445.79M1.95%13.80%$0.1400$0.5341%0
CASH
PATHWARD FINANCIAL INC
$1.35B0.38%3.00%$0.0500$0.206%02024-06-112024-07-01
PFC
PREMIER FINANCIAL CORP
$705.88M6.29%50.00%$0.3100$1.2486%0
ABCB
AMERIS BANCORP
$3.45B1.20%14.60%$0.1500$0.6025%0
ASB
ASSOCIATED BANC-CORP
$3.23B3.03%86.90%$0.2200$0.6558%02024-06-032024-06-17
CCBG
CAPITAL CITY BANK GROUP INC
$460.18M2.25%25.60%$0.2100$0.6147%02024-06-102024-06-24
INDB
INDEPENDENT BANK CORP
$2.16B4.37%42.90%$0.5700$2.2275%0
CFG
CITIZENS FINANCIAL GROUP INC
$16.06B4.76%60.20%$0.4200$1.6879%0
SNV
SYNOVUS FINANCIAL CORP
$5.81B3.83%51.90%$0.3800$1.5269%0
TCBX
THIRD COAST BANCSHARES INC
$287.94MN/A0.00%N/AN/AN/AN/A
TBBK
BANCORP INC
$1.74BN/A0.00%N/AN/AN/AN/A
VLY
VALLEY NATIONAL BANCORP
$3.63B6.17%51.80%$0.1100$0.4486%02024-06-132024-07-02
OSBC
OLD SECOND BANCORP INC
$648.47M1.38%10.00%$0.0500$0.2030%0
BY
BYLINE BANCORP INC
$1.02B1.56%13.10%$0.0900$0.3634%0
MCB
METROPOLITAN BANK HOLDING CORP
$470.66MN/A0.00%N/AN/AN/AN/A
AX
AXOS FINANCIAL INC
$3.07BN/A0.00%N/AN/AN/AN/A
WABC
WESTAMERICA BANCORPORATION
$1.30B3.61%29.70%$0.4400$1.7666%0
IBOC
INTERNATIONAL BANCSHARES CORP
$3.53B2.27%19.70%$0.6600$1.2947%0
CFB
CROSSFIRST BANKSHARES INC
$645.25MN/A0.00%N/AN/AN/AN/A
KEY
KEYCORP
$13.55B5.71%103.80%$0.2050$0.8284%02024-06-14
USB
US BANCORP
$63.28B4.78%64.50%$0.4900$1.9479%0
MVBF
MVB FINANCIAL CORP
$241.35M2.72%35.60%$0.1700$0.5154%12024-06-15
BFC
BANK FIRST CORP
$823.05M1.53%16.20%$0.3500$1.2533%12024-06-262024-07-10
RF
REGIONS FINANCIAL CORP
$17.72B3.72%50.00%$0.2400$0.7267%02024-06-032024-07-01
ITUB
ITAU UNIBANCO HOLDING SA
$58.71B6.98%71.70%$0.0035$0.4289%392024-06-042024-06-10
BKU
BANKUNITED INC
$2.14B3.83%47.40%$0.2900$1.1069%0
CFR
CULLEN/FROST BANKERS INC
$6.53B2.72%42.90%$0.9200$2.7654%02024-06-14
QCRH
QCR HOLDINGS INC
$952.41M0.42%3.60%$0.0600$0.246%02024-06-142024-07-03
CMA
COMERICA INC
$6.79B5.54%56.10%$0.7100$2.8484%02024-06-142024-07-01
RBCAA
REPUBLIC BANCORP INC
$1.01B2.95%31.90%$0.4070$1.5357%02024-06-212024-07-19
OFG
OFG BANCORP
$1.75B2.45%23.20%$0.2500$0.9150%12024-06-282024-07-15
ESQ
ESQUIRE FINANCIAL HOLDINGS INC
$379.56M1.20%10.50%$0.1500$0.5525%02024-06-03
FBK
FB FINANCIAL CORP
$1.74B1.73%25.90%$0.1700$0.6437%0
CFBK
CF BANKSHARES INC
$124.15M1.23%9.90%$0.0600$0.2426%0
MBIN
MERCHANTS BANCORP
$1.74B0.82%5.20%$0.0900$0.3316%12024-06-142024-07-01
FHB
FIRST HAWAIIAN INC
$2.60B5.12%59.80%$0.2600$1.0481%0
PNFP
PINNACLE FINANCIAL PARTNERS INC
$6.14B1.11%12.50%$0.2200$0.8822%0
HFBL
HOME FEDERAL BANCORP INC OF LOUISIANA
$36.41M4.31%36.20%$0.1250$0.5075%0
EFSC
ENTERPRISE FINANCIAL SERVICES CORP
$1.45B2.58%21.40%$0.2500$1.0052%02024-06-142024-06-28
PBFS
PIONEER BANCORP INC
$259.78MN/A0.00%N/AN/AN/AN/A
CIVB
CIVISTA BANCSHARES INC
$225.37M4.47%27.60%$0.1600$0.6476%0
IBTX
INDEPENDENT BANK GROUP INC
$1.91B3.30%60.10%$0.3800$1.5262%0
CBAN
COLONY BANKCORP INC
$212.11M3.68%35.60%$0.1125$0.4567%0
IFS
INTERCORP FINANCIAL SERVICES INC
$2.78B4.15%45.10%$1.0000$1.0073%4
NBHC
NATIONAL BANK HOLDINGS CORP
$1.38B2.19%30.30%$0.2700$0.8045%02024-06-14
FCNCA
FIRST CITIZENS BANCSHARES INC
$24.68B0.24%2.70%$1.6400$4.033%02024-06-17
OVLY
OAK VALLEY BANCORP
$199.12M1.62%11.50%$0.2250$0.3935%0
STEL
STELLAR BANCORP INC
$1.21B2.30%23.20%$0.1300$0.5247%02024-06-142024-06-28
PEBO
PEOPLES BANCORP INC
$1.03B5.39%46.30%$0.4000$1.5783%0
FBMS
FIRST BANCSHARES INC
$791.39M3.83%37.90%$0.2500$0.9769%0
ACNB
ACNB CORP
$269.59M2.79%33.50%$0.3000$0.8855%02024-06-14
BFST
BUSINESS FIRST BANCSHARES INC
$546.66M2.52%20.30%$0.1400$0.5451%0
CBNK
CAPITAL BANCORP INC
$279.93M1.59%16.20%$0.0800$0.3234%0
SHBI
SHORE BANCSHARES INC
$375.61M4.24%87.30%$0.1200$0.4874%0
AVAL
GRUPO AVAL ACCIONES Y VALORES SA
$2.81B7.57%126.10%$0.0106$0.1890%62024-06-032024-06-11
OPBK
OP BANCORP
$146.57M4.90%34.30%$0.1200$0.4880%0
FSBW
FS BANCORP INC
$255.63M3.11%22.00%$0.2600$1.0260%1
BOTJ
BANK OF THE JAMES FINANCIAL GROUP INC
$50.11M2.36%17.30%$0.1000$0.2648%12024-06-072024-06-21
BBD
BANK BRADESCO
$26.18B9.01%90.60%$0.0036$0.2293%292024-06-052024-06-10
LARK
LANDMARK BANCORP INC
$106.58M4.21%48.10%$0.2100$0.8273%0
PPBI
PACIFIC PREMIER BANCORP INC
$2.14B5.94%942.90%$0.3300$1.3285%0
CTBI
COMMUNITY TRUST BANCORP INC
$759.08M4.32%42.10%$0.4600$1.8275%02024-06-142024-07-01
CIB
BANCOLOMBIA SA
$8.53B9.98%39.40%$0.9125$3.5494%6
FRAF
FRANKLIN FINANCIAL SERVICES CORP
$115.61M4.87%40.80%$0.3200$1.2880%0
RVSB
RIVERVIEW BANCORP INC
$90.14M5.62%51.10%$0.0600$0.2484%0
OPHC
OPTIMUMBANK HOLDINGS INC
$43.36MN/A0.00%N/AN/AN/AN/A
MSBI
MIDLAND STATES BANCORP INC
$488.07M5.37%45.80%$0.3100$1.2283%0
VBTX
VERITEX HOLDINGS INC
$1.11B3.92%46.20%$0.2000$0.8070%0
FFIN
FIRST FINANCIAL BANKSHARES INC
$4.28B2.40%51.40%$0.1800$0.7249%02024-06-142024-07-01
LOB
LIVE OAK BANCSHARES INC
$1.55B0.35%5.30%$0.0300$0.125%12024-06-042024-06-18
FITB
FIFTH THIRD BANCORP
$25.60B3.69%43.80%$0.3500$1.3867%0
FBIZ
FIRST BUSINESS FINANCIAL SERVICES INC
$281.90M2.81%21.50%$0.2500$0.9655%0
MBWM
MERCANTILE BANK CORP
$617.59M2.69%26.40%$0.3500$1.0353%22024-06-072024-06-19
HTBK
HERITAGE COMMERCE CORP
$499.24M6.38%56.50%$0.1300$0.5286%0
HOMB
HOME BANCSHARES INC
$4.71B3.06%37.10%$0.1800$0.7259%02024-06-05
WSFS
WSFS FINANCIAL CORP
$2.65B1.36%10.00%$0.1500$0.6029%0
CHCO
CITY HOLDING CO
$1.51B2.73%35.10%$0.7150$2.8054%02024-07-152024-07-31
ESSA
ESSA BANCORP INC
$174.46M3.48%32.40%$0.1500$0.6064%02024-06-142024-06-28
VABK
VIRGINIA NATIONAL BANKSHARES CORP
$157.15M4.51%41.20%$0.3300$1.3277%02024-06-142024-06-28
FCBC
FIRST COMMUNITY BANKSHARES INC
$637.60M3.34%43.80%$0.2900$1.1662%1
FCF
FIRST COMMONWEALTH FINANCIAL CORP
$1.38B3.74%31.40%$0.1300$0.5167%0
UCBI
UNITED COMMUNITY BANKS INC
$3.06B3.59%60.10%$0.2300$0.9266%02024-06-142024-07-05
BWFG
BANKWELL FINANCIAL GROUP INC
$195.41M3.23%20.80%$0.2000$0.8061%0
COLB
COLUMBIA BANKING SYSTEM INC
$4.04B7.47%61.50%$0.3600$1.4490%42024-06-10
MCBC
MACATAWA BANK CORP
$483.12M2.49%28.30%$0.0900$0.3550%0
IBCP
INDEPENDENT BANK CORP
$523.82M3.75%31.60%$0.2400$0.9468%0
SSB
SOUTHSTATE CORP
$5.89B2.69%33.40%$0.5200$2.0853%0
CBSH
COMMERCE BANCSHARES INC
$7.21B1.46%30.30%$0.2700$0.8131%02024-06-052024-06-18
BANF
BANCFIRST CORP
$2.84B1.96%27.10%$0.4300$1.6941%02024-06-282024-07-15
UNTY
UNITY BANCORP INC
$280.89M1.75%12.70%$0.1300$0.4937%02024-06-072024-06-21

Bank Stocks FAQ

What are the best bank stocks to buy right now in Jun 2024?

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

1. Southern Missouri Bancorp (NASDAQ:SMBC)


Southern Missouri Bancorp (NASDAQ:SMBC) is the top bank stock with a Zen Score of 63, which is 32 points higher than the bank industry average of 31. It passed 23 out of 38 due diligence checks and has strong fundamentals. Southern Missouri Bancorp has seen its stock return 13.35% over the past year, underperforming other bank stocks by -9 percentage points.

Southern Missouri Bancorp has an average 1 year price target of $51.00, an upside of 21.11% from Southern Missouri Bancorp's current stock price of $42.11.

Southern Missouri Bancorp stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Southern Missouri Bancorp, 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.

2. Cb Financial Services (NASDAQ:CBFV)


Cb Financial Services (NASDAQ:CBFV) is the second best bank stock with a Zen Score of 59, which is 28 points higher than the bank industry average of 31. It passed 20 out of 38 due diligence checks and has strong fundamentals. Cb Financial Services has seen its stock return 15.78% over the past year, underperforming other bank stocks by -6 percentage points.

Cb Financial Services has an average 1 year price target of $24.33, an upside of 8.73% from Cb Financial Services's current stock price of $22.38.

Cb Financial Services stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 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.

3. Hdfc Bank (NYSE:HDB)


Hdfc Bank (NYSE:HDB) is the third best bank stock with a Zen Score of 57, which is 26 points higher than the bank industry average of 31. It passed 22 out of 38 due diligence checks and has strong fundamentals. Hdfc Bank has seen its stock lose -10.11% over the past year, underperforming other bank stocks by -32 percentage points.

What are the bank stocks with highest dividends?

Out of 268 bank stocks that have issued dividends in the past year, the 3 bank stocks with the highest dividend yields are:

1. New York Community Bancorp (NYSE:NYCB)


New York Community Bancorp (NYSE:NYCB) has an annual dividend yield of 11.85%, which is 8 percentage points higher than the bank industry average of 3.61%. New York Community Bancorp's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. New York Community Bancorp's dividend has not shown consistent growth over the last 10 years.

New York Community Bancorp's dividend payout ratio of -11.4% indicates that its high dividend yield might not be sustainable for the long-term.

2. Bancolombia Sa (NYSE:CIB)


Bancolombia Sa (NYSE:CIB) has an annual dividend yield of 9.98%, which is 6 percentage points higher than the bank industry average of 3.61%. Bancolombia Sa's dividend payout is not stable, having dropped more than 10% six times in the last 10 years. Bancolombia Sa's dividend has shown consistent growth over the last 10 years.

Bancolombia Sa's dividend payout ratio of 39.4% indicates that its high dividend yield is sustainable for the long-term.

3. Eagle Bancorp (NASDAQ:EGBN)


Eagle Bancorp (NASDAQ:EGBN) has an annual dividend yield of 9.98%, which is 6 percentage points higher than the bank industry average of 3.61%. Eagle Bancorp's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Eagle Bancorp's dividend has shown consistent growth over the last 10 years.

Eagle Bancorp's dividend payout ratio of 71.4% indicates that its high dividend yield is sustainable for the long-term.

Why are bank stocks up?

Bank stocks were up 0.51% in the last day, and down -0.96% over the last week.

We couldn't find a catalyst for why bank stocks are up.

What are the most undervalued bank stocks?

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

1. First Us Bancshares (NASDAQ:FUSB)


First Us Bancshares (NASDAQ:FUSB) is the most undervalued bank stock based on WallStreetZen's Valuation Score. First Us Bancshares has a valuation score of 100, which is 54 points higher than the bank industry average of 46. It passed 7 out of 7 valuation due diligence checks.

First Us Bancshares's stock has gained 37.7% in the past year. It has overperformed other stocks in the bank industry by 16 percentage points.

2. Pioneer Bancorp (NASDAQ:PBFS)


Pioneer Bancorp (NASDAQ:PBFS) is the second most undervalued bank stock based on WallStreetZen's Valuation Score. Pioneer Bancorp has a valuation score of 100, which is 54 points higher than the bank industry average of 46. It passed 7 out of 7 valuation due diligence checks.

Pioneer Bancorp's stock has gained 17.1% in the past year. It has underperformed other stocks in the bank industry by -5 percentage points.

3. Southern Missouri Bancorp (NASDAQ:SMBC)


Southern Missouri Bancorp (NASDAQ:SMBC) is the third most undervalued bank stock based on WallStreetZen's Valuation Score. Southern Missouri Bancorp has a valuation score of 100, which is 54 points higher than the bank industry average of 46. It passed 7 out of 7 valuation due diligence checks.

Southern Missouri Bancorp's stock has gained 13.35% in the past year. It has underperformed other stocks in the bank industry by -9 percentage points.

Are bank stocks a good buy now?

39.62% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 13.77% over the next year.

What is the average p/e ratio of the banks - regional industry?

The average P/E ratio of the banks - regional industry is -8.81x.
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.