trending Market Intelligence /marketintelligence/en/news-insights/trending/mnjqf90xwhw1snlgutdakg2 content esgSubNav
In This List

Analysts expect 7 bank stocks to gain 25% or more over next year

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Analysts expect 7 bank stocks to gain 25% or more over next year

In this analysis, S&P Global Market Intelligence considered major exchange-traded U.S. bank and thrift stocks trading in relation to mean one-year analyst price targets as of May 31. Only stocks covered by at least three analysts and trading above $5 per share as of May 31 were included in this analysis.

At the end of May, Wyomissing, Pa.-based Customers Bancorp Inc. was trading 32.2% below analysts' mean one-year price target, the largest discount in the industry. Customers Bancorp shares have returned only 8.4% over the last year compared to the industry median of 18.8%. Three of the seven analysts covering Customers Bancorp recommend buying the stock.

At No. 2, Englewood Cliffs, N.J.-based ConnectOne Bancorp Inc.'s stock is expected to grow by 26.3% over the next year. All three analysts covering ConnectOne recommend buying the stock, and the company's shares have returned 21.8% over the last 12 months.

All told, seven bank stocks are expected to gain at least 25% over the next year.

On the flip side, Abilene, Texas-based First Financial Bankshares Inc. is trading 10.6% above its mean one-year price target, the most of any company in the analysis. The company's shares have returned 39.9% over the last year, more than double the peer median. Currently, none of the six analysts covering First Financial recommend buying the stock.

As of May 31, 15 bank and thrift stocks were trading above their one-year mean price target.

SNL Image