13 Best Bank Stocks To Invest In For Long-Term

Published on February 25, 2024 at 6:56 am by Ramish Cheema in Hedge Funds, News

In this piece, we will take a look at the 13 best bank stocks to invest in for long term. If you want to skip our coverage of the banking industry and how it started to trouble investors once again this year, you can take a look at 5 Best Bank Stocks To Invest In For Long-Term.

Due to the current macroeconomic environment, the banking industry in the U.S. and globally has been one of the most important and most watched sectors. This is because right now, apart from artificial intelligence and AI stocks, the Federal Reserve’s interest rate policy is a must watch item on the agenda of both retail and professional investors. Investors are wondering when the rates will start to drop. These rate cuts will be quite important for the banking industry as well as for broader sectors such as commercial and office real estate that have struggled in the aftermath of turmoil in the bond market. 2023 was a notable year for bank stocks and it saw a widespread bloodbath in the regional banking sector. Multiple big regional banks failed as they were unable to assess the impact of rising bond yields on their asset bases.

This turmoil resurfaced in 2024 as well. While investors were cheering AI stocks and pumping up the shares of NVIDIA Corporation, the shares of New York Community Bancorp, Inc. (NYSE:NYCB) crashed by 59% in late January and early February after the New York state based regional bank warned in its earnings report that it had to allocate additional capital for trouble in the office real estate sector. Additionally, just as the turmoil in 2023 had prompted the Federal Reserve to step up its efforts at ensuring that the U.S. banking sector was healthy by running stress tests, the NYCB scare of 2024 in the wake of its surprising loss and capital allocation has now spurred the Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency, and other banking bodies to inquire from banks whether they are adequately prepared for any untoward events according to media reports. Due to the sizeable role that they play in funding commercial real estate, small banks are quite exposed to jitters in the market, and anyone interested in following bank stocks would also be well advised to watch the commercial real estate sector.

But what about mega bank stocks? After all, following the 2023 regional banking crisis, large banks such as JPMorgan Chase & Co. (NYSE:JPM) and Bank of America Corporation (NYSE:BAC) had remained unscathed despite some fears about their instability. Well, the start of 2024 has seen the Financial Industry Regulatory Authority (FINRA) fine Morgan Stanley (NYSE:MS) a sizeable $1.3 million over the bank’s failure to properly deal with municipal securities. Additionally, if we’re to slightly expand our focus from pure play banking to the broader financial services sector, then 2024 has also seen one of the biggest deals in the banking industry.

Online banking stock Capital One Financial Corporation (NYSE:COF) announced a whopping $35 billion deal for Discover Financial Services (NYSE:DFS), and as investors remain unconvinced that the affair could clear regulatory scrutiny, analysts believe that if Capital One shows that it will help consumers save money and benefit them in other ways, then it might be able to take on giants such as Mastercard Incorporated (NYSE:MA) and Visa Inc. (NYSE:V).

So, as the banking sector continues to be as dynamic as ever and investors hope for rate cuts soon, we decided to look at some top banking stocks for the long term. A handful of the top names are Bank of America Corporation (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), and Citigroup Inc. (NYSE:C), and you can also check out 12 Best-Performing Bank Stocks In 2024.

A person using a mobile device to access their bank account information.

Our Methodology

To make our list of the best bank stocks for the long term, we ranked the forty most valuable diversified and regional banking stocks that trade on U.S. markets by the number of hedge funds that had bought the shares as of Q4 2023 end. Out of these, the bank stocks with the highest number of hedge fund investors were chosen.

For these best bank stocks for the long term, we have also mentioned hedge fund sentiment. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). That’s why we pay very close attention to this often-ignored indicator.

Best Bank Stocks To Invest In For Long-Term

13. East West Bancorp, Inc. (NASDAQ:EWBC)

Number of Hedge Fund Investors In Q4 2023: 38

East West Bancorp, Inc. (NASDAQ:EWBC) is a regional bank headquartered in Pasadena, California. Despite a mixed bag of financial performance that has seen the bank beat analyst EPS estimates in only two out of its four latest quarters, the shares are rated Strong Buy on average with an average share price target of $83.79.

As of Q4 2023 end, 38 out of the 933 hedge funds tracked by Insider Monkey had bought a stake in East West Bancorp, Inc. (NASDAQ:EWBC). Ken Griffin’s Citadel Investment Group was the firm’s biggest investor since it held a $164 million stake.

Along with JPMorgan Chase & Co. (NYSE:JPM), Bank of America Corporation (NYSE:BAC), and Citigroup Inc. (NYSE:C), East West Bancorp, Inc. (NASDAQ:EWBC) is a top bank stock that hedge funds have invested in.

12. Comerica Incorporated (NYSE:CMA)

Number of Hedge Fund Investors In Q4 2023: 39

Comerica Incorporated (NYSE:CMA) is a Texas based regional bank that offers banking, wealth management, and associated services. The bank started 2024 on a somber note after it announced that it would be closing more than two dozen branches as part of an effort to reduce expenses.

During last year’s fourth quarter, 39 out of the 933 hedge funds part of Insider Monkey’s database had held the bank’s shares. Comerica Incorporated (NYSE:CMA)’s largest hedge fund investor is Ken Griffin’s Citadel Investment Group through its $94.9 million investment.

11. Webster Financial Corporation (NYSE:WBS)

Number of Hedge Fund Investors In Q4 2023: 41

Webster Financial Corporation (NYSE:WBS) is a Connecticut based bank that provides commercial and consumer banking services. It’s another highly rated bank stock, as the shares are rated Strong Buy on average, and the average share price target is $58.79.

As of December 2023 end, 41 out of the 933 hedge funds tracked by Insider Monkey had invested in Webster Financial Corporation (NYSE:WBS). Ric Dillon’s Diamond Hill Capital was the bank’s biggest stakeholder, as it had piled in $118 million into the stock.

10. HDFC Bank Limited (NYSE:HDB)

Number of Hedge Fund Investors In Q4 2023: 41

HDFC Bank Limited (NYSE:HDB) is a sizeable regional bank with close to two hundred thousand employees. An Indian bank, February 2024 has been a remarkable month for the bank as it has managed to raise a whopping $300 million by issuing sustainable financing bonds.

Insider Monkey scoured through 933 hedge fund portfolios for last year’s December quarter and discovered that 41 funds had bought and owned the bank’s shares. HDFC Bank Limited (NYSE:HDB)’s largest stakeholder among these is Andreas Halvorsen’s Viking Global due to its $653 million stake.

9. KeyCorp (NYSE:KEY)

Number of Hedge Fund Investors In Q4 2023: 49

KeyCorp (NYSE:KEY) is one of the oldest banks on our list since it was set up in 1849. February 2024 has seen the bank step up its community outreach and giving efforts, by announcing multiple grants that cover Latino college preparedness, energy efficient housing, culinary apprenticeships, and other unique areas.

During 2023’s December quarter, 49 out of the 933 hedge funds covered by Insider Monkey’s research had held a stake in KeyCorp (NYSE:KEY). Ken Griffin’s Citadel Investment Group was the biggest investor through its $259 million investment.

8. First Horizon Corporation (NYSE:FHN)

Number of Hedge Fund Investors In Q4 2023: 50

First Horizon Corporation (NYSE:FHN) is a mid sized regional bank headquartered in Memphis, Tennessee. The bank has missed analyst EPS estimates in two out of its four latest quarters, and its shares are rated Buy on average.

After scouring through 933 hedge fund portfolios for 2023’s fourth quarter, Insider Monkey found that 50 were the bank’s investors. The largest First Horizon Corporation (NYSE:FHN) shareholder in our database is Israel Englander’s Millennium Management as it owns $170 million worth of shares.

7. Nu Holdings Ltd. (NYSE:NU)

Number of Hedge Fund Investors In Q4 2023: 54

Nu Holdings Ltd. (NYSE:NU) is a Brazilian digital bank that is well known for being one of the largest of its kind in the high growth South American country. To wit, investment bank Morgan Stanley added the stock to one of its top picks in 2024, despite the fact that the shares were already up by 104% in 2023.

During December 2023, 54 out of the 933 hedge funds surveyed by Insider Monkey had bought Nu Holdings Ltd. (NYSE:NU)’s shares. Warren Buffett’s Berkshire Hathaway owned the biggest stake which was worth $892 million.

6. First Citizens BancShares, Inc. (NASDAQ:FCNCA)

Number of Hedge Fund Investors In Q4 2023: 54

First Citizens BancShares, Inc. (NASDAQ:FCNCA) is a North Carolina based bank that offers loans, accounts, and other typical banking products and services. Analysts have priced in a 20% upside to its already expensive shares that are currently trading at $1,518.

For their Q4 2023 shareholdings, 54 out of the 933 hedge funds profiled by Insider Monkey had invested in the firm. First Citizens BancShares, Inc. (NASDAQ:FCNCA)’s largest hedge fund investor is Natixis Global Asset Management’s Harris Associates due to its $710 million investment.

Bank of America Corporation (NYSE:BAC), First Citizens BancShares, Inc. (NASDAQ:FCNCA), JPMorgan Chase & Co. (NYSE:JPM), and Citigroup Inc. (NYSE:C) are some top hedge fund long term bank stock picks.

Click here to continue reading and check out 5 Best Bank Stocks To Invest In For Long-Term.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on June 23, 2025 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

The AI infrastructure supercycle
The onshoring boom driven by Trump-era tariffs
A surge in U.S. LNG exports
And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

Access to our Detailed Report on our AI, Tariffs, and Nuclear Energy Stock with 100+% potential upside within 12 to 24 months
BONUS REPORT on our #1 AI-Robotics Stock with 10000% upside potential: Our in-depth report dives deep into our #1 AI/robotics stock’s groundbreaking technology and massive growth potential.
One New Issue of Our Premium Readership Newsletter: You will also receive one new issue per month and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.
One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149
Bonus Content: Premium access to members-only fund manager video interviews
Ad-Free Browsing: Enjoy a month of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
Lifetime Price Guarantee: Your renewal rate will always remain the same as long as your subscription is active.
30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

Insider Monkey Ads

A New Dawn is Coming to U.S. Stocks

Published on June 13, 2025 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…