Best Bank Dividend Stocks - Top 46 for High Returns - 2024

Bank dividend stocks offer a unique blend of stability and consistent income, making them a popular choice for income-seeking investors. Banks are a critical part of the global economy, providing essential services like lending, deposits, and wealth management. Their established business models and regulatory frameworks make them reliable dividend payers, even during economic downturns. Moreover, banks often benefit from rising interest rates, which can lead to increased profitability and, in turn, higher dividends for shareholders. We’ll explore a list of top bank dividend stocks that can help you build a strong, income-generating portfolio while benefiting from the growth potential of the financial sector.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
Cullen/Frost Bankers2.58%46.66%17.36%2.23%0.14%6.77%6.10%
KeyCorp5.17%619.59%127.02%1.12%0.01%7.73%14.32%
M&T Bank2.50%42.28%14.95%1.24%0.09%7.93%6.39%
Comerica 3.90%70.94%17.24%1.31%0.09%9.07%15.37%
Bank of America1.58%40.07%15.50%1.23%0.08%11.24%36.83%
Bank of N.T. Butterfield & Son4.63%38.66%8.07%1.60%0.21%2.98%0.00%
JPMorgan Chase1.88%26.69%13.02%2.03%0.16%10.31%11.53%
Goldman Sachs1.91%36.22%16.06%1.61%0.10%27.23%17.75%
Truist Financial4.48%-203.10%-40.02%0.94%-0.03%5.92%6.39%
Regions Financial4.63%56.57%13.76%1.29%0.10%13.85%24.29%
Fifth Third Bancorp2.93%52.29%14.83%1.59%0.11%12.94%11.21%
Huntington Bancshares 3.41%63.34%15.99%1.28%0.08%0.33%12.55%
East West Bancorp1.98%26.98%13.91%2.02%0.15%17.42%12.33%
Webster Financial2.55%37.64%13.72%1.16%0.09%5.06%11.27%
First Horizon2.80%33.80%14.42%1.27%0.09%4.56%11.61%
Commerce Bancshares1.44%34.79%19.03%2.77%0.16%2.57%1.84%
SouthState1.89%32.44%17.17%1.45%0.09%8.13%10.67%
BOK Financial1.86%30.26%16.21%1.35%0.09%2.69%3.49%
Prosperity Bancshares2.63%47.57%18.22%1.10%0.06%8.20%9.58%
Pinnacle Financial Partners0.68%17.37%23.73%1.57%0.07%8.70%27.10%
Bank OZK3.13%26.92%8.10%1.03%0.13%12.30%7.03%
Wintrust Financial1.30%21.76%14.17%1.40%0.11%16.05%24.42%
Popular2.52%33.08%13.32%1.22%0.10%17.82%0.00%
Old National Bancorp2.44%36.20%13.98%1.14%0.09%1.49%3.42%
Synovus Financial2.59%71.91%23.18%1.57%0.07%8.73%43.87%
Home Bancshares2.34%38.03%16.48%1.61%0.10%9.37%-1.76%
Valley National Bancorp4.08%90.21%16.33%0.79%0.05%0.00%-3.01%
F.N.B.2.78%44.09%15.39%1.00%0.07%0.00%0.00%
First Financial Bankshares1.67%49.67%29.68%3.70%0.13%-2.84%-3.65%
Cadence Bank2.51%24.03%9.10%1.29%0.15%-4.28%22.86%
Columbia Banking System3.37%62.00%13.79%1.27%0.10%3.90%12.90%
United Bankshares3.42%55.66%16.34%1.18%0.07%1.29%1.50%
Hancock Whitney2.29%31.42%13.52%1.26%0.10%3.30%2.26%
Glacier Bancorp2.24%81.21%36.55%2.06%0.06%5.50%8.20%
BancFirst1.37%27.15%20.30%2.68%0.14%10.23%3.30%
UMB Financial1.22%19.52%15.87%1.76%0.12%5.51%5.81%
ServisFirst Bancshares1.21%38.36%26.45%3.44%0.14%18.89%0.00%
International Bancshares1.76%20.49%11.66%1.70%0.16%10.93%11.35%
Ameris Bancorp0.83%12.56%15.08%1.35%0.09%8.45%0.00%
First Interstate BancSystem5.30%83.09%15.52%1.09%0.07%10.91%16.45%
Cathay General Bancorp2.53%34.17%13.41%1.37%0.10%5.72%32.75%
CVB Financial3.33%56.34%16.78%1.51%0.09%1.39%4.54%
First Hawaiian3.84%59.00%15.37%1.31%0.09%1.61%0.00%
Independent Bank3.01%48.90%16.19%1.07%0.07%7.68%9.60%
Atlantic Union Bankshares2.99%56.35%18.78%1.23%0.07%6.75%8.49%
BankUnited2.64%37.99%14.41%1.13%0.08%4.76%5.34%