Diversified banks with the lowest PE ratio

Ranked

65

of 72 diversified banks we cover

Median

12.0×

Lowest

5.2×

NEWT

Range

5.2× to 30.1×

#	Company	PE	PE vs its 10 years	Revenue growth (TTM)	Market cap
1	NEWTNewtekOne	5.2×	13th pct	+7.1%	$330.2M
2	CARECarter Bankshares	5.3×	3rd pct	+77.9%	$677.6M
3	ZIONZions Bancorporation, National Association	8.4×	14th pct	+15.2%	$9.7B
4	WAFDWafd	9.3×	16th pct	+7.8%	$2.2B
5	ASRVAmeriserv Financial	9.4×	26th pct	n/m	$81M
6	TBBKBancorp	9.6×	19th pct	+6.5%	$2.1B
7	CASHPathward Financial	9.7×	30th pct	−0.8%	$1.6B
8	FISIFinancial Institutions	10.1×	56th pct	n/m	$799.7M
9	LARKLandmark Bancorp	10.1×	81st pct	+14.4%	$199.1M
10	MRBKMeridian	10.2×	74th pct	+7.4%	$223.3M
11	HWBKHawthorn Bancshares	10.7×	58th pct	+12.1%	$271.1M
12	FNLCFirst Bancorp	10.8×	56th pct	+16.7%	$410.2M
13	FNBFNB	10.8×	41st pct	+11.8%	$6.4B
14	HAFCHanmi Financial	10.8×	45th pct	+15.7%	$953.2M
15	VABKVirginia National Bankshares	10.9×	31st pct	+13.3%	$269.6M
16	CACCamden National	11.1×	44th pct	+23.4%	$977.3M
17	FHNFirst Horizon	11.2×	40th pct	+10.3%	$11.1B
18	ONBOld National Bancorp	11.3×	30th pct	+34.1%	$9.7B
19	UMBFUMB Financial	11.3×	24th pct	+39.3%	$10.3B
20	WSBCWesbanco	11.3×	27th pct	+38.1%	$3.7B
21	FULTFulton Financial	11.3×	72nd pct	+6.7%	$4.5B
22	BHRBBurke & Herbert Financial Services	11.3×	47th pct	+8.0%	$1.4B
23	LCNBLCNB	11.4×	47th pct	+9.0%	$281.3M
24	FFBCFirst Financial Bancorp	11.5×	50th pct	+18.3%	$3.4B
25	WFCWells Fargo	11.6×	33rd pct	+5.4%	$249.1B
26	SHBIShore Bancshares	11.6×	40th pct	+11.3%	$765.6M
27	TRMKTrustmark	11.8×	34th pct	+4.5%	$2.7B
28	CCitigroup	11.8×	54th pct	+9.8%	$202.3B
29	CFBKCF Bankshares	11.8×	67th pct	+10.3%	$223.9M
30	FUNCFirst United	11.9×	65th pct	+11.4%	$296.4M
31	USBU.S. Bancorp	11.9×	37th pct	+6.7%	$92.8B
32	VLYValley National Bancorp	11.9×	41st pct	+12.2%	$7.8B
33	BCALCalifornia BanCorp	12.0×	58th pct	+4.3%	$708.6M
34	BACBank of America	12.0×	33rd pct	n/m	$353.6B
35	BOKFBOK Financial	12.1×	40th pct	+9.8%	$7.8B
36	CBNKCapital Bancorp	12.1×	82nd pct	+15.1%	$672.6M
37	FDBCFidelity D & D Bancorp	12.3×	41st pct	+13.6%	$374.7M
38	AROWArrow Financial	12.4×	40th pct	n/m	$710.8M
39	PFISPeoples Financial Services	12.5×	53rd pct	+6.5%	$707.5M
40	CBNAChain Bridge Bancorp	12.6×	84th pct	+15.4%	$334.7M
41	NKSHNational Bankshares	12.7×	21st pct	+20.8%	$257.9M
42	CMTVCommunity Bancorp	12.9×	n/a	+15.9%	$237M
43	NBTBNBT Bancorp	12.9×	32nd pct	+19.4%	$2.7B
44	FCFFirst Commonwealth Financial	12.9×	63rd pct	+11.5%	$2.1B
45	FRMEFirst Merchants	13.0×	64th pct	+5.1%	$2.6B
46	WSFSWSFS Financial	13.2×	52nd pct	+4.5%	$4B
47	SFSTSouthern First Bancshares	13.2×	40th pct	+27.4%	$579.7M
48	WABCWestamerica Bancorporation	13.5×	36th pct	−8.3%	$1.4B
49	PNFPPinnacle Financial Partners	13.8×	52nd pct	+83.6%	$15.2B
50	JPMJPMorgan Chase	13.9×	65th pct	+13.2%	$881.4B
51	HOPEHope Bancorp	14.1×	65th pct	+29.4%	$1.8B
52	CBUCommunity Financial System	14.5×	4th pct	+10.0%	$3.3B
53	SMBKSmartfinancial	14.6×	58th pct	+14.5%	$843.6M
54	CFRCullen/Frost Bankers	14.8×	47th pct	+7.4%	$9.8B
55	BANFBancfirst	15.0×	34th pct	+9.4%	$3.7B
56	DCOMDime Commercial Bancshares	15.6×	51st pct	+36.6%	$1.9B
57	CHCOCity	15.6×	61st pct	+7.2%	$2B
58	NBHCNational Bank	16.3×	68th pct	+12.5%	$1.7B
59	PRKPark National	16.4×	62nd pct	+14.8%	$3.3B
60	BFCBank First	19.2×	91st pct	+31.6%	$1.6B
61	NICNicolet Bankshares	19.5×	86th pct	+41.0%	$3.6B
62	OCFCOceanfirst Financial	19.7×	72nd pct	+13.5%	$1.6B
63	FSUNFirstsun Capital Bancorp	20.2×	92nd pct	+28.3%	$1.9B
64	AMTBAmerant Bancorp	21.6×	69th pct	+17.1%	$1.2B
65	ALRSAlerus Financial	30.1×	78th pct	−11.0%	$802.9M

Not ranked: 3 with a loss over the last year, 1 with a quarter missing. 3 companies whose data behind this number has a caveat are left out until it is checked.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.