Regional Banks Stocks — Fair Value & Margin of Safety

Equity Rank covers 240 Regional Banks companies; 223 have a published model fair value, and 79 of those (35%) trade below the model estimate. The median model fair value sits 4.0% below the current price, under these model assumptions. Data as of 2026-10-22.

Source: Equity Rank — Regional Banks stocks. Model fair value is a multi-method blend (DCF, Graham Number, earnings power, sector multiples and more), recomputed after each U.S. market close.

Regional Banks stocks furthest below the model estimate

Among companies valued by at least five methods. A wide gap can also mean the models are missing something.

  1. NEWT — NewtekOne, Inc.: model fair value $16.32 vs. price $11.62, a model fair value differential of 40.5% above the current price (as of 2026-10-22)
  2. CARE — Carter Bank and Trust: model fair value $42.30 vs. price $30.70, a model fair value differential of 37.8% above the current price (as of 2026-10-22)
  3. BBT — Beacon Financial Corporation: model fair value $36.02 vs. price $29.95, a model fair value differential of 20.3% above the current price (as of 2026-10-22)
  4. TCBX — Third Coast Bancshares, Inc.: model fair value $47.95 vs. price $40.00, a model fair value differential of 19.9% above the current price (as of 2026-10-22)
  5. MPB — Mid Penn Bancorp: model fair value $40.50 vs. price $33.88, a model fair value differential of 19.5% above the current price (as of 2026-10-22)
  6. HAPN — Happen, Inc. Common Stock: model fair value $17.22 vs. price $14.51, a model fair value differential of 18.7% above the current price (as of 2026-10-22)
  7. PFS — Provident Financial Services Inc: model fair value $27.34 vs. price $23.12, a model fair value differential of 18.3% above the current price (as of 2026-10-22)
  8. WSBC — WesBanco, Inc.: model fair value $46.21 vs. price $39.13, a model fair value differential of 18.1% above the current price (as of 2026-10-22)
  9. PCB — PCB Bancorp: model fair value $33.91 vs. price $28.78, a model fair value differential of 17.8% above the current price (as of 2026-10-22)
  10. OZK — Bank Ozk: model fair value $58.26 vs. price $49.67, a model fair value differential of 17.3% above the current price (as of 2026-10-22)

All 240 Regional Banks companies

TickerCompanyPriceModel fair valueGap
MFGMizuho Financial Group Inc.$9.71Not published—
HDBHDFC Bank Limited ADR$22.44Not published—
IBNICICI Bank Limited$29.94Not published—
ITUBItau Unibanco Banco Holding SA$9.49Not published—
USBU.S. Bancorp$60.02$57.96-3.4%
PNCPNC Financial Services Group Inc$225.53$221.62-1.7%
LYGLloyds Banking Group PLC ADR$5.38Not published—
NUNu Holdings Ltd$14.73$8.70-40.9%
NWGNatwest Group PLC$16.99Not published—
DBDeutsche Bank AG$31.48Not published—
TFCTruist Financial Corp$48.42$41.76-13.8%
FITBFifth Third Bancorp$53.23$43.79-17.7%
MTBM&T Bank Corporation$222.83$220.00-1.3%
HBANHuntington Bancshares Incorporated$15.66$15.32-2.2%
BAPCredicorp Ltd$371.05Not published—
CFGCitizens Financial Group, Inc.$65.24$60.87-6.7%
FCNCAFirst Citizens BancShares, Inc.$2196.76$1967.88-10.4%
RFRegions Financial Corporation$28.40$28.83+1.5%
KEYKeyCorp$21.21$19.66-7.3%
BSBRBanco Santander Brasil SA ADR$5.50Not published—
BCHBanco De Chile$38.53Not published—
EWBCEast West Bancorp Inc$132.65$120.00-9.5%
BSACBanco Santander Chile$31.96Not published—
FHNFirst Horizon Corporation$23.54$19.95-15.3%
BPOPPopular Inc$157.64$154.48-2.0%
UMBFUMB Financial Corporation$136.16$127.73-6.2%
SSBSouthState Corporation$105.22$106.74+1.4%
WTFCWintrust Financial Corporation$149.75$139.02-7.2%
CFRCullen/Frost Bankers Inc$157.68$117.21-25.7%
ZIONZions Bancorporation$66.39$76.40+15.1%
ONBOld National Bancorp$25.16$25.59+1.7%
COLBColumbia Banking System Inc$29.89$33.31+11.4%
WALWestern Alliance Bancorporation$76.67$78.94+3.0%
PBProsperity Bancshares Inc$69.85$72.87+4.3%
CBSHCommerce Bancshares Inc$56.51$47.72-15.6%
BOKFBOK Financial Corporation$129.09$119.82-7.2%
VLYValley National Bancorp$13.81$13.11-5.1%
UBSIUnited Bankshares Inc$48.46$48.73+0.6%
FNBF.N.B. Corp$18.18$18.74+3.1%
IFSIntercorp Financial Services Inc$51.64Not published—
HOMBHome BancShares Inc$30.15$30.17+0.1%
HWCHancock Whitney Corp$73.48$58.53-20.4%
GBCIGlacier Bancorp Inc$46.02$35.03-23.9%
ASBAssociated Banc-Corp$29.81$32.47+8.9%
AUBAtlantic Union Bankshares Corp$40.10$43.99+9.7%
ABCBAmeris Bancorp$82.46$63.65-22.8%
AXAxos Financial Inc$92.53$86.38-6.7%
OZKBank Ozk$49.67$58.26+17.3%
EBCEastern Bankshares Inc$22.11$21.98-0.6%
FLGFlagstar Financial, Inc.$11.46$11.81+3.0%
TFSLTFS Financial Corporation$16.66$15.95-4.2%
SFBSServisFirst Bancshares Inc$41.30$32.70-20.8%
FFINFirst Financial Bankshares Inc$30.33$24.42-19.5%
FULTFulton Financial Corporation$23.35$24.84+6.4%
UCBUnited Community Banks, Inc.$37.23$37.04-0.5%
FBPFirst BanCorp.$27.31$24.76-9.3%
IBOCInternational Bancshares Corporation$67.28$65.53-2.6%
TCBITexas Capital Bancshares, Inc.$98.78$97.50-1.3%
CATYCathay General Bancorp$64.24$59.28-7.7%
BMABanco Macro SA B ADR$62.95Not published—
WSFSWSFS Financial Corporation$77.51$70.97-8.4%
CVBFCVB Financial Corporation$23.05$21.57-6.4%
INDBIndependent Bank$83.43$85.91+3.0%
BANFBancFirst Corporation$112.36$100.55-10.5%
RNSTRenasant Corporation$41.44$39.60-4.4%
WSBCWesBanco, Inc.$39.13$46.21+18.1%
NICNicolet Bankshares Inc.$169.64$138.38-18.4%
FIBKFirst Interstate BancSystem Inc$36.88$40.95+11.0%
FFBCFirst Financial Bancorp$32.47$32.33-0.4%
SFNCSimmons First National Corporation$23.32$24.00+2.9%
TOWNTowne Bank$36.74$35.92-2.2%
PRKPark National Corporation$183.68$143.62-21.8%
MCHBMechanics Bank$15.19$17.80+17.2%
INTRInter & Co. Inc. Class A Common Shares$6.74Not published—
CBUCommunity Bank System Inc$62.37$53.64-14.0%
SBCFSeacoast Banking Corporation of Florida$33.65$25.99-22.8%
FHBFirst Hawaiian Inc$26.13$29.37+12.4%
BKUBankUnited Inc$43.76$41.91-4.2%
PFSProvident Financial Services Inc$23.12$27.34+18.3%
CLBKColumbia Financial Inc$10.86$9.50-12.5%
BANCBanc of California, Inc.$17.74$17.40-1.9%
BOHBank of Hawaii Corporation$70.26$68.07-3.1%
NBTBNBT Bancorp Inc$52.79$53.79+1.9%
TRMKTrustmark Corporation$46.35$46.85+1.1%
FBKFB Financial Corp$53.62$49.69-7.3%
CUBICustomers Bancorp, Inc.$78.73$89.54+13.7%
BBARBBVA Banco Frances SA ADR$12.50Not published—
FBNCFirst Bancorp$63.92$47.81-25.2%
FRMEFirst Merchants Corporation$40.83$39.49-3.3%
BANRBanner Corporation$70.10$68.65-2.1%
BUSEFirst Busey Corp$30.63$30.68+0.2%
SYBTStock Yards Bancorp Inc$78.56$55.81-29.0%
BBTBeacon Financial Corporation$29.95$36.02+20.3%
OFGOFG Bancorp$51.36$50.47-1.7%
MBINMerchants Bancorp$49.05$46.15-5.9%
NWBINorthwest Bancshares Inc$15.44$16.59+7.5%
EFSCEnterprise Financial Services$61.01$57.66-5.5%
WAFDWaFd, Inc.$29.44$32.86+11.6%
SRCE1st Source Corporation$87.18$82.48-5.4%
FCFFirst Commonwealth Financial$21.06$20.04-4.8%
BLXBladex Inc.$55.38$61.85+11.7%
TBBKThe Bancorp Inc$51.14$43.92-14.1%
CHCOCity Holding Company$143.40$109.50-23.6%
GABCGerman American Bancorp Inc$51.12$46.95-8.2%
DCOMDime Community Bancshares, Inc.$42.52$38.46-9.6%
RBCAARepublic Bancorp Inc$92.20$81.46-11.7%
HOPEHope Bancorp Inc$14.05$14.43+2.7%
STBAS&T Bancorp Inc$50.73$48.12-5.1%
FSUNFirstSun Capital Bancorp Common Stock$39.53$30.12-23.8%
BYByline Bancorp Inc$37.99$33.92-10.7%
TCBKTriCo Bancshares$54.39$54.26-0.2%
NBHCNational Bank Holdings Corporation$38.98$37.43-4.0%
HAPNHappen, Inc. Common Stock$14.51$17.22+18.7%
BFCBank First National Corp$145.36$103.36-28.9%
LOBLive Oak Bancshares, Inc.$35.71$32.52-8.9%
QCRHQCR Holdings Inc$103.04$92.34-10.4%
OBKOrigin Bancorp, Inc.$53.12$42.26-20.4%
CNOBConnectOne Bancorp, Inc.$32.82$33.59+2.4%
OCFCOceanFirst Financial Corp.$16.62$14.65-11.8%
CASHMeta Financial Group Inc$76.75$68.03-11.4%
TFINTriumph Financial, Inc.$62.21$37.16-40.3%
LKFNLakeland Financial Corporation$59.38$52.41-11.7%
ESQEsquire Financial Holdings Inc$123.19$84.15-31.7%
AMALAmalgamated Bank$50.31$41.93-16.7%
TMPTompkins Financial Corporation$100.78$109.30+8.4%
BHRBBurke & Herbert Financial Services Corp.$71.73$67.26-6.2%
WABCWestamerica Bancorporation$61.92$57.58-7.0%
CTBICommunity Trust Bancorp Inc$71.09$66.21-6.9%
PEBOPeoples Bancorp Inc$38.19$43.43+13.7%
FMBHFirst Mid Illinois Bancshares Inc$50.62$46.37-8.4%
HBTHbt Financial Inc$36.24$31.86-12.1%
OSBCOld Second Bancorp Inc$24.71$21.54-12.8%
PFBCPreferred Bank$108.62$109.65+0.9%
UVSPUnivest Corporation Pennsylvania$42.28$41.03-3.0%
HFWAHeritage Financial Corporation$28.52$29.02+1.8%
AMTBAmerant Bancorp Inc.$29.67$20.16-32.0%
MCBMetropolitan Bank Holding$95.90$89.87-6.3%
NBNNortheast Bancorp$128.86$118.12-8.3%
FSBCFive Star Bancorp$44.16$37.50-15.1%
BFSTBusiness First Bancshares Inc$31.94$31.95+0.0%
CCNECNB Financial Corporation$35.24$37.91+7.6%
MBWMMercantile Bank Corporation$60.42$60.38-0.1%
MCBSMetroCity Bankshares$35.43$32.58-8.0%
HBNCHorizon Bancorp$19.99$19.59-2.0%
CFFNCapitol Federal Financial Inc$8.33$8.71+4.6%
EQBKEquity Bancshares, Inc.$48.64$48.43-0.4%
NBBKNB Bancorp, Inc. Common Stock$23.05$21.67-6.0%
CACCamden National Corporation$57.86$59.07+2.1%
CPFCentral Pacific Financial Corp$37.77$35.76-5.3%
FCBCFirst Community Bancshares Inc$49.19$45.89-6.7%
HAFCHanmi Financial Corporation$32.24$35.64+10.6%
TRSTTrustCo Bank Corp NY$55.47$49.44-10.9%
MPBMid Penn Bancorp$33.88$40.50+19.5%
FMNBFarmers National Banc Corp$15.66$16.84+7.5%
SBSISouthside Bancshares, Inc.$31.63$32.33+2.2%
THFFFirst Financial Corporation Indiana$76.18$78.97+3.7%
EGBNEagle Bancorp Inc$32.97$30.08-8.8%
SMBKSmartFinancial, Inc.$49.22$41.38-15.9%
GSBCGreat Southern Bancorp Inc$78.93$61.72-21.8%
CCBGCapital City Bank Group$50.49$45.02-10.8%
ORRFOrrstown Financial Services Inc$44.32$43.45-2.0%
SPFISouth Plains Financial Inc$43.93$43.68-0.6%
FISIFinancial Institutions Inc$40.69$44.55+9.5%
ALRSAlerus Financial Corp$32.18$25.11-22.0%
SMBCSouthern Missouri Bancorp Inc$71.77$68.50-4.6%
HTBHomeTrust Bancshares, Inc.$48.12$44.82-6.9%
PGCPeapack-Gladstone Financial$45.19$38.51-14.8%
SHBIShore Bancshares Inc$23.51$23.03-2.0%
IBCPIndependent Bank Corporation$36.96$35.18-4.8%
VBNKVersaBank$22.84Not published—
WASHWashington Trust Bancorp Inc$39.23$43.47+10.8%
BCALSouthern California Bancorp$22.07$21.04-4.7%
CARECarter Bank and Trust$30.70$42.30+37.8%
CWBCCommunity West Bancshares$26.00$23.20-10.8%
AROWArrow Financial Corporation$38.15$34.97-8.3%
PFISPeoples Fin$70.93$64.87-8.5%
TCBXThird Coast Bancshares, Inc.$40.00$47.95+19.9%
MSBIMidland States Bancorp, Inc.$32.96$30.52-7.4%
SUPVGrupo Supervielle SA$7.23Not published—
RRBIRed River Bancshares Inc$102.73$86.66-15.6%
CCBCoastal Financial Corp$44.90$42.19-6.0%
CBNKCapital Bancorp$41.19$37.89-8.0%
HIFSHingham Institution for Savings$298.17$302.89+1.6%
BHBBar Harbor Bankshares Inc$39.47$40.02+1.4%
ACNBACNB Corporation$65.39$56.04-14.3%
GCBCGreene County Bancorp Inc$36.01$26.14-27.4%
FBIZFirst Business Financial Services$72.50$57.26-21.0%
SFSTSouthern First Bancshares Inc$61.24$58.49-4.5%
BWBBridgewater Bancshares Inc$20.67$22.09+6.9%
KRNYKearny Financial Corp$9.27$9.79+5.6%
UNTYUnity Bancorp Inc$58.11$56.00-3.6%
CIVBCivista Bancshares Inc$28.15$31.58+12.2%
BSVNBank7 Corp$58.80$51.23-12.9%
NPBNorthpointe Bancshares, Inc.$15.45$17.06+10.4%
BWFGBankwell Financial Group Inc$67.03$61.24-8.6%
NRIMNorthrim BanCorp Inc$24.20$22.69-6.2%
BSRRSierra Bancorp$40.41$34.76-14.0%
OBTOrange County Bancorp Inc$38.25$35.28-7.8%
WTBAWest Bancorporation$30.30$25.17-16.9%
COFSChoiceOne Financial Services Inc$34.13$36.12+5.8%
FMAOFarmers & Merchants Bancorp Inc$35.89$35.02-2.4%
PDLBPonce Financial Group Inc$20.47$18.00-12.1%
HBCPHome Bancorp Inc$61.42$65.05+5.9%
CZNCCitizens & Northern Corp$26.64$26.18-1.7%
FRBAFirst Bank$18.55$19.78+6.6%
RBBRBB Bancorp$26.52$27.80+4.8%
PLBCPlumas Bancorp$63.49$59.58-6.2%
BMRCBank of Marin Bancorp$27.34$27.39+0.2%
PBFSPioneer Bancorp Inc$18.39$12.20-33.7%
CBKCommercial Bancgroup, Inc. Common Stock$32.17$27.78-13.7%
CBANColony Bankcorp Inc.$20.25$21.09+4.2%
USCBUS Century Bank$22.75$18.48-18.8%
AVBCAvidia Bancorp, Inc.$22.35$17.14-23.3%
PCBPCB Bancorp$28.78$33.91+17.8%
ISTRInvestar Holding Corp$29.05$31.28+7.7%
CHMGChemung Financial Corp$83.23$78.51-5.7%
FRSTPrimis Financial Corp$15.94$16.80+5.4%
FNLCFirst Bancorp Inc$36.17$40.99+13.3%
NECBNortheast Community Bancorp Inc$28.73$31.24+8.7%
CZFSCitizens Financial Services Inc. Common Stock$83.73$87.36+4.3%
PKBKParke Bancorp Inc$33.24$38.63+16.2%
MVBFMVB Financial Corp$29.91$31.20+4.3%
NWFLNorwood Financial Corp$34.57$38.25+10.7%
WSBFWaterstone Financial Inc$20.07$21.27+6.0%
TSBKTimberland Bancorp Inc$46.94$48.60+3.5%
FSBWFS Bancorp Inc$44.35$49.52+11.7%
FDBCFidelity D&D Bancorp Inc$62.97$61.93-1.6%
BCMLBayCom Corp$31.90$19.75-38.1%
AVBHAvidbank Holdings, Inc. Common stock$31.56$31.27-0.9%
CFFIC&F Financial Corporation$108.23$112.88+4.3%
COSOCoastalSouth Bancshares, Inc.$27.80$29.90+7.5%
CBNAChain Bridge Bancorp, Inc.$50.85$47.34-6.9%
NEWTNewtekOne, Inc.$11.62$16.32+40.5%
JMSBJohn Marshall Bancorp Inc$23.51$23.41-0.4%
FVCBFVCBankcorp Inc$18.14$17.74-2.2%
FCCOFirst Community Corporation$32.99$33.16+0.5%
MYFWFirst Western Financial Inc$30.14$24.45-18.9%
ISBAIsabella Bank Corporation$38.68$39.02+0.9%
FNRNFirst Northern Community Bancorp Common stock$16.80$16.60-1.2%
GBFHGBank Financial Holdings Inc. Common Stock$17.50$15.49-11.5%

Largest companies first. Gap = model fair value differential versus the current price; positive means the price sits below the model estimate. “Not published” means the models lacked reliable data.

Compare Regional Banks peers

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