Community Bank Stocks
Top 10 of 160 QABA holdings, updated
As of 12 October 2026, community bank stocks are trailing the S&P 500, over the past month and over the longer run. QABA trails the S&P 500 by 6.5 points over one month and ranks #80 of 115 groups Zensei tracks. 101 of the 160 community bank stocks Zensei prices in QABA beat the fund this month.
Where community bank stocks stand now
As of 12 October 2026, Community Banks (QABA) ranks #80 of the 115 groups Zensei tracks by one-month return against the S&P 500. It is out of favor: it trails the S&P 500 on both rotation windows — 6.5 points behind over the past month and 1.6 points behind over the longer, time-shifted window. That is the Underperformers quadrant.
On the shorter tape, QABA's momentum is weakening: the intraday trend that carried the move is cooling across the shorter windows. QABA's relative-strength line has broken below its long-term average — the long-term outperformance trend is no longer intact. Both signals point the same direction here: the market is not rewarding this group on either horizon.
The exposure comes via First Trust NASDAQ ABA Community Bank Index Fund, whose 160 tracked holdings are led by Wintrust Financial Corp, Commerce Bancshares Inc and Central Bancompany Inc. Weighted by portfolio, the fund's holdings trade at roughly 12.5× earnings. The thing to watch from here is the one-month spread: underperformers only become interesting when the recent window turns positive first — until then, the market is voting elsewhere.
Top community bank stocks right now
The largest community bank stocks by weight in QABA, and the strongest over the past month. Size and recent return are measurements, not recommendations.
Largest by fund weight
Share of QABA
- 1Wintrust Financial CorpWTFC4.0%
- 2Commerce Bancshares IncCBSH3.3%
- 3Central Bancompany IncCBC3.1%
- 4United Bankshares IncUBSI2.6%
- 5Hancock Whitney CorpHWC2.4%
Strongest this month
1-month return, holdings Zensei prices
- 1Capital Bancorp IncCBNK+7.3%
- 2Fb Bancorp IncFBLA+6.6%
- 3Northeast Community Bancorp IncNECB+4.1%
- 4Eagle Bancorp IncEGBN+2.9%
- 5Fs Bancorp IncFSBW+2.5%
Community Bank Stocks vs the S&P 500
Over the week to 12 October 2026, QABA fell 1.5% while the S&P 500 rose 0.4%. QABA and SPY (the S&P 500) over every window Zensei tracks. The spread is the difference: positive means QABA won that window.
Prices as of · computed from daily adjusted closes · how we measure
Community Banks on the rotation map, against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window.
Are community bank stocks expensive?
The price-to-earnings ratio of QABA as a whole: the total price of its holdings over their total earnings, weighted by share of the fund. Holdings that lose money are left out.
QABA holdings: the community bank stocks inside
As of 12 October 2026, 101 of the 160 community bank stocks Zensei prices in QABA beat the fund over the past month. 6 of them beat the S&P 500. The strongest is Capital Bancorp Inc (CBNK); the weakest is Gbank Financial Holdings Inc (GBFH). Inside the fund, the holdings move close to the sector.
| # | Holding | Weight | 1M | 3M | vs fund 1M | Momentum | RS health |
|---|---|---|---|---|---|---|---|
| 1 | WTFCWintrust Financial Corp | 4.0% | −5.2% | −10.4% | −0.8 pts | Weak | Broken |
| 2 | CBSHCommerce Bancshares Inc | 3.3% | −6.3% | −6.3% | −1.8 pts | Weak | Broken |
| 3 | CBCCentral Bancompany Inc | 3.1% | +0.5% | +4.9% | +4.9 pts | Accelerating | Strong |
| 4 | UBSIUnited Bankshares Inc | 2.6% | −2.8% | +0.2% | |||
| 5 | HWCHancock Whitney Corp | 2.4% | −3.5% | −3.7% | |||
| 6 | OZKBank Ozk | 2.1% | −7.7% | −10.4% | |||
| 7 | EBCEastern Bankshares Inc | 2.0% | −2.1% | −4.4% | |||
| 8 | TFSLTfs Financial Corp | 1.9% | −5.0% | −6.8% | |||
| 9 | FFINFirst Financial Bankshares Inc | 1.9% | −6.5% | −10.7% | |||
| 10 | IBOCInternational Bancshares Corp | 1.8% | −4.5% | −9.8% |
All 160 QABA holdings by weight: Wintrust Financial Corp (WTFC) 4.0%, Commerce Bancshares Inc (CBSH) 3.3%, Central Bancompany Inc (CBC) 3.1%, United Bankshares Inc (UBSI) 2.6%, Hancock Whitney Corp (HWC) 2.4%, Bank Ozk (OZK) 2.1%, Eastern Bankshares Inc (EBC) 2.0%, Tfs Financial Corp (TFSL) 1.9%, First Financial Bankshares Inc (FFIN) 1.9%, International Bancshares Corp (IBOC) 1.8%, Fulton Financial Corp (FULT) 1.8%, Texas Capital Bancshares Inc (TCBI) 1.7%, Cathay General Bancorp (CATY) 1.7%, Wsfs Financial Corp (WSFS) 1.6%, Cvb Financial Corp (CVBF) 1.6%, Independent Bank Corp (INDB) 1.6%, Wesbanco Inc (WSBC) 1.5%, Bancfirst Corp (BANF) 1.5%, First Interstate Bancsystem Inc (FIBK) 1.4%, First Financial Bancorp (FFBC) 1.4%, Towne Bank (TOWN) 1.4%, Simmons First National Corp (SFNC) 1.4%, n/a (MCHB) 1.4%, Seacoast Banking Corp of Florida (SBCF) 1.3%, Columbia Financial Inc (CLBK) 1.3%, First Hawaiian Inc (FHB) 1.3%, Trustmark Corp (TRMK) 1.1%, Nbt Bancorp Inc (NBTB) 1.1%, First Bancorp (FBNC) 1.1%, First Merchants Corp (FRME) 1.0%, First Busey Corp (BUSE) 1.0%, Stock Yards Bancorp Inc (SYBT) 1.0%, Banner Corp (BANR) 0.9%, Wafd Inc (WAFD) 0.9%, Merchants Bancorp (MBIN) 0.9%, Northwest Bancshares Inc (NWBI) 0.9%, Enterprise Financial Services Corp (EFSC) 0.9%, 1st Source Corp (SRCE) 0.9%, City Holding Co (CHCO) 0.8%, The Bancorp Inc (TBBK) 0.8%, German American Bancorp Inc (GABC) 0.8%, Hope Bancorp Inc (HOPE) 0.7%, S&t Bancorp Inc (STBA) 0.7%, Firstsun Capital Bancorp (FSUN) 0.7%, Bank First Corp (BFC) 0.7%, Trico Bancshares (TCBK) 0.7%, Qcr Holdings Inc (QCRH) 0.7%, Oceanfirst Financial Corp (OCFC) 0.7%, Republic Bancorp Inc (RBCAA) 0.7%, Connectone Bancorp Inc (CNOB) 0.6%, Pathward Financial Inc (CASH) 0.6%, n/a (ESQ) 0.6%, Lakeland Financial Corp (LKFN) 0.6%, n/a (AMAL) 0.6%, Burke & Herbert Financial Services Corp (BHRB) 0.6%, Community Trust Bancorp Inc (CTBI) 0.6%, Westamerica Bancorp (WABC) 0.6%, First Mid Bancshares Inc (FMBH) 0.5%, Peoples Bancorp Inc (Marietta Oh) (PEBO) 0.5%, Hbt Financial Inc (HBT) 0.5%, Old Second Bancorp Inc (OSBC) 0.5%, Preferred Bank (PFBC) 0.5%, Univest Financial Corp (UVSP) 0.5%, Heritage Financial Corp (HFWA) 0.5%, Northeast Bank (NBN) 0.4%, Capitol Federal Financial Inc (CFFN) 0.4%, Five Star Bancorp (FSBC) 0.4%, Mercantile Bank Corp (MBWM) 0.4%, Metrocity Bankshares Inc (MCBS) 0.4%, Cnb Financial Corp (CCNE) 0.4%, Horizon Bancorp (In) (HBNC) 0.4%, Business First Bancshares Inc (BFST) 0.4%, Nb Bancorp Inc (NBBK) 0.4%, Camden National Corp (CAC) 0.4%, Trustco Bank Corp N Y (TRST) 0.4%, Hanmi Financial Corp (HAFC) 0.4%, Mid Penn Bancorp Inc (MPB) 0.4%, First Community Bankshares Inc (FCBC) 0.4%, Farmers National Banc Corp (FMNB) 0.4%, First Financial Corp (THFF) 0.4%, Eagle Bancorp Inc (EGBN) 0.4%, Great Southern Bancorp Inc (GSBC) 0.4%, Capital City Bank Group Inc (CCBG) 0.4%, Orrstown Financial Services Inc (ORRF) 0.3%, Peapack Gladstone Financial Corp (PGC) 0.3%, Independent Bank Corp. (IBCP) 0.3%, South Plains Financial Inc (SPFI) 0.3%, Southern Missouri Bancorp Inc (SMBC) 0.3%, Financial Institutions Inc (FISI) 0.3%, Shore Bancshares Inc (SHBI) 0.3%, n/a (VBNK) 0.3%, Washington Trust Bancorp Inc (WASH) 0.3%, Community West Bancshares (CWBC) 0.3%, Arrow Financial Corp (AROW) 0.3%, Peoples Financial Services Corp (PFIS) 0.3%, California Bancorp (BCAL) 0.3%, Cass Information Systems Inc (CASS) 0.3%, Carter Bankshares Inc (CARE) 0.3%, Midland States Bancorp Inc (MSBI) 0.3%, Red River Bancshares Inc (RRBI) 0.3%, Capital Bancorp Inc (CBNK) 0.3%, Acnb Corp (ACNB) 0.3%, Hingham Institution For Savings (HIFS) 0.3%, Coastal Financial Corp (CCB) 0.3%, Kearny Financial Corp (KRNY) 0.3%, First Business Financial Services Inc (FBIZ) 0.2%, Bridgewater Bancshares Inc (BWB) 0.2%, Southern First Bancshares Inc (SFST) 0.2%, Northrim Bancorp Inc (NRIM) 0.2%, Civista Bancshares Inc (CIVB) 0.2%, Unity Bancorp Inc (UNTY) 0.2%, Home Bancorp Inc (HBCP) 0.2%, Bankwell Financial Group Inc (BWFG) 0.2%, Sierra Bancorp (BSRR) 0.2%, Orange County Bancorp Inc (OBT) 0.2%, West Bancorp Inc (WTBA) 0.2%, Choiceone Financial Services Inc (COFS) 0.2%, Ponce Financial Group Inc (PDLB) 0.2%, Farmers & Merchants Bancorp Inc (FMAO) 0.2%, Bank of Marin Bancorp (BMRC) 0.2%, Citizens & Northern Corp (CZNC) 0.2%, First Bank (FRBA) 0.2%, Commercial Bancgroup Inc (CBK) 0.2%, Plumas Bancorp (PLBC) 0.2%, Rbb Bancorp (RBB) 0.2%, Investar Holding Corp (ISTR) 0.2%, Uscb Financial Holdings Inc (USCB) 0.2%, Chemung Financial Corp (CHMG) 0.2%, Pcb Bancorp (PCB) 0.2%, Mvb Financial Corp (MVBF) 0.2%, First Bancorp Inc (FNLC) 0.2%, Primis Financial Corp (FRST) 0.2%, Parke Bancorp Inc (PKBK) 0.2%, Waterstone Financial Inc (WSBF) 0.1%, Norwood Financial Corp (NWFL) 0.1%, Timberland Bancorp Inc (TSBK) 0.1%, Northeast Community Bancorp Inc (NECB) 0.1%, Fs Bancorp Inc (FSBW) 0.1%, Avidbank Holdings Inc (AVBH) 0.1%, Baycom Corp (BCML) 0.1%, John Marshall Bancorp Inc (JMSB) 0.1%, Fvcbankcorp Inc (FVCB) 0.1%, First Community Corp (FCCO) 0.1%, Newtekone Inc (NEWT) 0.1%, Oak Valley Bancorp (OVLY) 0.1%, Western New England Bancorp Inc (WNEB) 0.1%, Isabella Bank Corp (ISBA) 0.1%, Franklin Financial Services Corp (FRAF) 0.1%, Ames National Corp (ATLO) 0.1%, First Western Financial Inc (MYFW) 0.1%, First National Corp (FXNC) 0.1%, National Bankshares Inc (NKSH) 0.1%, Gbank Financial Holdings Inc (GBFH) 0.1%, Fb Bancorp Inc (FBLA) 0.1%, Op Bancorp (OPBK) 0.1%, Eagle Financial Services Inc (EFSI) 0.1%, First Internet Bancorp (INBK) 0.1%, Peoples Bancorp of North Carolina Inc (PEBK) 0.1%, Meridian Corp (MRBK) 0.1%, Ohio Valley Banc Corporation (OVBC) 0.1%.
Community Bank Stocks: common questions
What are the top 3 community bank stocks?
As of 12 October 2026, the three largest community bank stocks in QABA by fund weight are Wintrust Financial Corp (WTFC) (4.0%), Commerce Bancshares Inc (CBSH) (3.3%) and Central Bancompany Inc (CBC) (3.1%). Fund weight shows size inside the fund, not a recommendation.
Which community bank stocks are beating the sector?
As of 12 October 2026, 101 of the 160 community bank stocks Zensei prices in QABA beat the fund over the past month. The strongest over the past month is Capital Bancorp Inc (CBNK). The list above shows every holding with its weight and returns.
Are community bank stocks outperforming the S&P 500?
No. As of 12 October 2026, QABA trails the S&P 500 by 6.5 points over the past month.
Is it a good time to invest in community bank stocks?
Zensei does not give investment advice, but it measures the trend. As of 12 October 2026, community bank stocks are behind the S&P 500 on both the recent and the longer window. The rotation map and the read on this page show whether that trend is building or fading.
What is QABA?
QABA is First Trust NASDAQ ABA Community Bank Index Fund. Zensei uses it to measure community bank stocks against the S&P 500 (SPY).
What stocks does QABA own?
As of 12 October 2026, the largest of the 160 positions Zensei tracks in QABA are Wintrust Financial Corp, Commerce Bancshares Inc, Central Bancompany Inc, United Bankshares Inc, Hancock Whitney Corp. Each position measured against the fund, with momentum and relative strength, is part of Zensei Premium.
What quadrant is community banks in right now?
As of 12 October 2026, community banks is in the Underperformers quadrant — trailing the S&P 500 on both windows. The Zensei methodology page explains the quadrants.
Recent changes
- ·Losing ground → trailing the market
- ·Trailing the market → losing ground
- ·First tracked: trailing the market
Related sectors
Track community banks against the whole market
Zensei Edge maps 100+ sectors and themes against the S&P 500 — with the stocks inside each one, rotation history and alerts when leadership changes hands.