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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
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
PLBC
PLUMAS BANCORP
NASDAQ
Banks - Regional
$205.05M$34.780.72%$39.99M7.19x9.16
CBSH
COMMERCE BANCSHARES INC
NASDAQ
Banks - Regional
$7.18B$55.451.89%$654.88M15.58x9.31
BANF
BANCFIRST CORP
NASDAQ
Banks - Regional
$2.88B$87.181.53%$281.92M13.99x7.58
BSRR
SIERRA BANCORP
NASDAQ
Banks - Regional
$304.47M$20.862.10%$50.82M8.58x9.30
HTBI
HOMETRUST BANCSHARES INC
NASDAQ
Banks - Regional
$480.78M$27.561.96%$84.03M7.97x8.13
ONB
OLD NATIONAL BANCORP
NASDAQ
Banks - Regional
$5.35B$16.762.07%$778.21M9.01x7.85
BCBP
BCB BANCORP INC
NASDAQ
Banks - Regional
$170.08M$10.031.42%$37.82M6.43x11.02
WTFC
WINTRUST FINANCIAL CORP
NASDAQ
Banks - Regional
$6.03B$97.721.54%$938.92M9.96x9.59
CCB
COASTAL FINANCIAL CORP
NASDAQ
Banks - Regional
$585.89M$43.661.42%$53.15M14.90x11.73
CZFS
CITIZENS FINANCIAL SERVICES INC
NASDAQ
Banks - Regional
$196.66M$41.781.14%$23.30M11.14x9.33
FCAP
FIRST CAPITAL INC
NASDAQ
Banks - Regional
$99.64M$29.66-1.76%$14.95M8.31x9.94
PKBK
PARKE BANCORP INC
NASDAQ
Banks - Regional
$191.52M$16.012.17%$32.07M8.17x5.97
SUPV
GRUPO SUPERVIELLE SA
NYSE
Banks - Regional
$663.12M$7.4910.64%$135.44M11.21x5.03
FINW
FINWISE BANCORP
NASDAQ
Banks - Regional
$129.85M$10.151.30%$28.10M7.57x2.76
SFNC
SIMMONS FIRST NATIONAL CORP
NASDAQ
Banks - Regional
$2.17B$17.261.71%$236.78M12.79x6.96
OBT
ORANGE COUNTY BANCORP INC
NASDAQ
Banks - Regional
$275.80M$48.754.79%$46.70M7.71x13.54
HBT
HBT FINANCIAL INC
NASDAQ
Banks - Regional
$607.82M$19.241.37%$102.88M8.51x9.15
UBSI
UNITED BANKSHARES INC
NASDAQ
Banks - Regional
$4.31B$31.852.31%$472.38M12.16x5.25
EGBN
EAGLE BANCORP INC
NASDAQ
Banks - Regional
$526.81M$17.452.05%$102.43M6.92x8.22
HMNF
HMN FINANCIAL INC
NASDAQ
Banks - Regional
$97.92M$21.931.29%$10.02M16.87x9.58
AUB
ATLANTIC UNION BANKSHARES CORP
NYSE
Banks - Regional
$2.88B$32.121.71%$269.27M11.81x7.39
CFFI
C & F FINANCIAL CORP
NASDAQ
Banks - Regional
$147.07M$43.801.77%$28.92M7.22x10.41
CATC
CAMBRIDGE BANCORP
NASDAQ
Banks - Regional
$519.75M$66.232.08%$40.67M18.20x9.03
TSBK
TIMBERLAND BANCORP INC
NASDAQ
Banks - Regional
$195.75M$24.40-0.45%$33.64M7.92x6.99
SYBT
STOCK YARDS BANCORP INC
NASDAQ
Banks - Regional
$1.36B$46.433.57%$153.20M12.93x8.29
CCNE
CNB FINANCIAL CORP
NASDAQ
Banks - Regional
$407.05M$19.381.73%$74.58M8.14x9.03
EBC
EASTERN BANKSHARES INC
NASDAQ
Banks - Regional
$2.39B$13.521.88%$501.83M4.73x6.17
CTBI
COMMUNITY TRUST BANCORP INC
NASDAQ
Banks - Regional
$752.77M$41.761.73%$102.97M9.67x7.27
FBNC
FIRST BANCORP
NASDAQ
Banks - Regional
$1.30B$31.501.55%$161.91M11.33x7.79
VABK
VIRGINIA NATIONAL BANKSHARES CORP
NASDAQ
Banks - Regional
$159.57M$29.710.95%$25.09M9.28x9.61
NU
NU HOLDINGS LTD
NYSE
Banks - Regional
$58.09B$12.173.93%$1.94B45.58x5.44
LYG
LLOYDS BANKING GROUP PLC
NYSE
Banks - Regional
$44.50B$2.801.82%$8.76B7.27x17.69
UBCP
UNITED BANCORP INC
NASDAQ
Banks - Regional
$72.40M$12.16-0.16%$10.80M7.65x12.20
UBFO
UNITED SECURITY BANCSHARES
NASDAQ
Banks - Regional
$125.54M$7.250.00%$26.77M6.97x8.72
RMBI
RICHMOND MUTUAL BANCORPORATION INC
NASDAQ
Banks - Regional
$121.94M$11.02-5.65%$11.43M12.67x10.24
DB
DEUTSCHE BANK AKTIENGESELLSCHAFT
NYSE
Banks - Regional
$33.35B$16.741.09%$8.52B5.44x18.80
MBWM
MERCANTILE BANK CORP
NASDAQ
Banks - Regional
$609.85M$37.832.35%$114.77M7.35x9.19
FXNC
FIRST NATIONAL CORP
NASDAQ
Banks - Regional
$98.30M$15.660.71%$12.68M10.88x11.28
BUSE
FIRST BUSEY CORP
NASDAQ
Banks - Regional
$1.27B$22.441.17%$164.63M11.16x8.27
CALB
CALIFORNIA BANCORP
NASDAQ
Banks - Regional
$187.43M$22.210.63%$29.47M9.37x8.58
DCOM
DIME COMMUNITY BANCSHARES INC
NASDAQ
Banks - Regional
$716.66M$18.391.21%$116.23M10.33x9.89
BCH
BANK OF CHILE
NYSE
Banks - Regional
$11.93B$23.61-0.80%$1.89B8.23x8.16
HBNC
HORIZON BANCORP INC
NASDAQ
Banks - Regional
$532.48M$12.072.37%$46.46M22.35x9.89
HOPE
HOPE BANCORP INC
NASDAQ
Banks - Regional
$1.25B$10.362.37%$178.12M10.26x7.56
CBU
COMMUNITY FINANCIAL SYSTEM INC
NYSE
Banks - Regional
$2.37B$44.921.58%$242.49M14.40x8.57
WAFD
WAFD INC
NASDAQ
Banks - Regional
$2.24B$27.532.57%$459.09M10.47x9.32
FFBC
FIRST FINANCIAL BANCORP
NASDAQ
Banks - Regional
$2.11B$22.080.55%$330.45M8.80x6.70
PWOD
PENNS WOODS BANCORP INC
NASDAQ
Banks - Regional
$147.28M$19.561.09%$22.35M8.93x10.42
IBN
ICICI BANK LTD
NYSE
Banks - Regional
$93.01B$26.641.02%$10.50B22.39x8.16
BFIN
BANKFINANCIAL CORP
NASDAQ
Banks - Regional
$124.61M$10.00-0.30%$13.23M14.93x8.49
SASR
SANDY SPRING BANCORP INC
NASDAQ
Banks - Regional
$1.03B$22.933.85%$145.63M11.24x7.74
UNB
UNION BANKSHARES INC
NASDAQ
Banks - Regional
$99.65M$22.052.56%$13.67M9.30x21.21
PFS
PROVIDENT FINANCIAL SERVICES INC
NYSE
Banks - Regional
$1.09B$14.310.21%$185.71M8.89x7.34
NEWT
NEWTEKONE INC
NASDAQ
Banks - Regional
$331.68M$13.412.76%$54.16M7.41x4.94
SFBS
SERVISFIRST BANCSHARES INC
NYSE
Banks - Regional
$3.37B$61.742.81%$238.93M16.92x9.66
SSBK
SOUTHERN STATES BANCSHARES INC
NASDAQ
Banks - Regional
$236.88M$26.592.62%$43.02M7.25x10.27
PEBK
PEOPLES BANCORP OF NORTH CAROLINA INC
NASDAQ
Banks - Regional
$157.20M$29.71-0.10%$23.53M9.81x12.79
FBP
FIRST BANCORP
NYSE
Banks - Regional
$2.93B$17.580.17%$419.85M9.93x11.77
BSAC
BANCO SANTANDER CHILE
NYSE
Banks - Regional
$10.71B$18.95-1.30%$838.17M15.09x12.60
BSVN
BANK7 CORP
NASDAQ
Banks - Regional
$278.09M$30.07-0.13%$40.82M9.22x8.84
CATY
CATHAY GENERAL BANCORP
NASDAQ
Banks - Regional
$2.65B$36.401.08%$386.24M8.00x7.43
BHB
BAR HARBOR BANKSHARES
NYSEMKT
Banks - Regional
$393.61M$25.842.78%$59.32M9.40x8.09
MBCN
MIDDLEFIELD BANC CORP
NASDAQ
Banks - Regional
$172.80M$21.420.23%$20.49M10.45x7.84
EVBN
EVANS BANCORP INC
NYSEMKT
Banks - Regional
$143.05M$25.911.21%$30.12M6.75x11.94
SBFG
SB FINANCIAL GROUP INC
NASDAQ
Banks - Regional
$94.15M$13.92-1.76%$16.93M7.86x9.80
CZWI
CITIZENS COMMUNITY BANCORP INC
NASDAQ
Banks - Regional
$117.80M$11.32-2.25%$22.26M8.71x9.53
MPB
MID PENN BANCORP INC
NASDAQ
Banks - Regional
$358.99M$21.511.41%$54.50M9.31x8.68
LSBK
LAKE SHORE BANCORP INC
NASDAQ
Banks - Regional
$71.60M$12.48-2.42%$6.27M17.58x7.30
NECB
NORTHEAST COMMUNITY BANCORP INC
NASDAQ
Banks - Regional
$238.98M$17.030.47%$66.20M5.13x5.46
NFBK
NORTHFIELD BANCORP INC
NASDAQ
Banks - Regional
$385.35M$8.691.11%$52.60M11.59x7.38
CWBC
COMMUNITY WEST BANCSHARES
NASDAQ
Banks - Regional
$311.17M$16.49-0.18%$36.62M8.72x10.41
BRKL
BROOKLINE BANCORP INC
NASDAQ
Banks - Regional
$760.94M$8.561.30%$113.04M9.20x8.67
HTH
HILLTOP HOLDINGS INC
NYSE
Banks - Regional
$1.99B$30.451.50%$166.40M17.81x6.59
HTLF
HEARTLAND FINANCIAL USA INC
NASDAQ
Banks - Regional
$1.84B$43.072.57%$115.45M26.10x8.67
HAFC
HANMI FINANCIAL CORP
NASDAQ
Banks - Regional
$470.39M$15.482.04%$114.20M6.40x9.68
BCML
BAYCOM CORP
NASDAQ
Banks - Regional
$226.65M$20.151.77%$39.23M9.12x7.15
PROV
PROVIDENT FINANCIAL HOLDINGS INC
NASDAQ
Banks - Regional
$87.42M$12.71-0.24%$13.53M12.22x8.96
OPOF
OLD POINT FINANCIAL CORP
NASDAQ
Banks - Regional
$75.47M$14.87-0.20%$9.92M11.71x12.43
NRIM
NORTHRIM BANCORP INC
NASDAQ
Banks - Regional
$310.23M$56.414.46%$40.61M10.91x10.53
EBTC
ENTERPRISE BANCORP INC
NASDAQ
Banks - Regional
$307.88M$24.881.72%$54.46M8.55x12.87
BPOP
POPULAR INC
NASDAQ
Banks - Regional
$6.40B$88.491.20%$690.89M13.13x12.70
UMBF
UMB FINANCIAL CORP
NASDAQ
Banks - Regional
$3.94B$80.792.36%$501.03M10.66x13.38
PBHC
PATHFINDER BANCORP INC
NASDAQ
Banks - Regional
$76.86M$12.600.00%$12.36M8.87x10.93
MOFG
MIDWESTONE FINANCIAL GROUP INC
NASDAQ
Banks - Regional
$339.84M$21.573.06%$39.96M14.98x11.78
PB
PROSPERITY BANCSHARES INC
NYSE
Banks - Regional
$5.93B$61.861.88%$549.07M14.29x4.46
LCNB
LCNB CORP
NASDAQ
Banks - Regional
$199.13M$14.081.66%$15.18M16.00x8.77
OBK
ORIGIN BANCORP INC
NYSE
Banks - Regional
$957.74M$30.881.81%$121.38M11.61x8.17
FHN
FIRST HORIZON CORP
NYSE
Banks - Regional
$8.57B$15.680.71%$1.13B10.67x8.18
FRME
FIRST MERCHANTS CORP
NASDAQ
Banks - Regional
$1.90B$32.510.93%$250.54M9.37x7.23
HWC
HANCOCK WHITNEY CORP
NASDAQ
Banks - Regional
$3.99B$46.012.15%$510.34M10.70x8.15
PFIS
PEOPLES FINANCIAL SERVICES CORP
NASDAQ
Banks - Regional
$277.14M$39.272.59%$31.01M11.97x9.79
MNSB
MAINSTREET BANCSHARES INC
NASDAQ
Banks - Regional
$127.44M$16.731.09%$29.83M6.46x8.28
FMNB
FARMERS NATIONAL BANC CORP
NASDAQ
Banks - Regional
$450.60M$12.000.59%$71.48M8.22x11.80
GCBC
GREENE COUNTY BANCORP INC
NASDAQ
Banks - Regional
$528.68M$31.050.78%$28.10M21.56x13.42
WASH
WASHINGTON TRUST BANCORP INC
NASDAQ
Banks - Regional
$444.27M$26.052.16%$58.94M9.61x14.53
NWBI
NORTHWEST BANCSHARES INC
NASDAQ
Banks - Regional
$1.39B$10.890.93%$195.82M10.57x8.35
OCFC
OCEANFIRST FINANCIAL CORP
NASDAQ
Banks - Regional
$858.98M$14.631.95%$155.40M8.56x7.06
VBNK
VERSABANK
NASDAQ
Banks - Regional
$255.75M$9.850.10%$46.54M7.84x10.08
GABC
GERMAN AMERICAN BANCORP INC
NASDAQ
Banks - Regional
$946.34M$31.901.92%$111.04M11.23x8.33
AROW
ARROW FINANCIAL CORP
NASDAQ
Banks - Regional
$420.29M$25.17-0.44%$42.66M14.63x10.47

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 31 points higher than the bank industry average of 32. It passed 23 out of 38 due diligence checks and has strong fundamentals. Southern Missouri Bancorp has seen its stock return 13.83% over the past year, underperforming other bank stocks by -5 percentage points.

Southern Missouri Bancorp has an average 1 year price target of $51.00, an upside of 22.24% from Southern Missouri Bancorp's current stock price of $41.72.

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 27 points higher than the bank industry average of 32. It passed 20 out of 38 due diligence checks and has strong fundamentals. Cb Financial Services has seen its stock return 17.85% over the past year, underperforming other bank stocks by -1 percentage points.

Cb Financial Services has an average 1 year price target of $24.33, an upside of 8.78% from Cb Financial Services's current stock price of $22.37.

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 25 points higher than the bank industry average of 32. It passed 22 out of 38 due diligence checks and has strong fundamentals. Hdfc Bank has seen its stock lose -11.7% over the past year, underperforming other bank stocks by -30 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 11.78%, which is 8 percentage points higher than the bank industry average of 3.68%. 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. Eagle Bancorp (NASDAQ:EGBN)


Eagle Bancorp (NASDAQ:EGBN) has an annual dividend yield of 10.32%, which is 7 percentage points higher than the bank industry average of 3.68%. 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.

3. Bancolombia Sa (NYSE:CIB)


Bancolombia Sa (NYSE:CIB) has an annual dividend yield of 9.95%, which is 6 percentage points higher than the bank industry average of 3.68%. 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.

Why are bank stocks up?

Bank stocks were up 1.05% in the last day, and down -0.6% 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. Pioneer Bancorp (NASDAQ:PBFS)


Pioneer Bancorp (NASDAQ:PBFS) is the 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 18.75% in the past year. It has performed in line with other stocks in the bank industry.

2. First Us Bancshares (NASDAQ:FUSB)


First Us Bancshares (NASDAQ:FUSB) is the second 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 33.78% in the past year. It has overperformed other stocks in the bank industry by 15 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 13.83% in the past year. It has underperformed other stocks in the bank industry by -5 percentage points.

Are bank stocks a good buy now?

40.09% of bank stocks rated by analysts are a hold right now. On average, analysts expect bank stocks to rise by 14.2% 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 -8.25x.
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.