Basswood Capital Management, L.L.C.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Basswood Capital Management, L.L.C. reported 105 stock positions worth $1.7 billion. Its top holding was JPMorgan Chase (JPM) at 6.6% of the portfolio, followed by Dime Commercial Bancshares I (DCOM, 3.7%) and Webster Financial (WBS, 3.6%). Compared with Q3 2024, it opened 14 new positions, sold out of 11, added to 11 and reduced 40. The biggest buy was Old National Bancorp (ONB, shares +129%) and the biggest sale M/I Homes (MHO, shares −45%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001085393
Portfolio Value
$1.7B (Q4 2024)
SEC Filing
0001405086-25-000067 ↗ filed Feb 14, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.7B Q1 2024 Q2 2024: $1.5B Q2 2024 Q3 2024: $1.9B Q3 2024 Q4 2024: $1.7B $1.7B Q4 2024 Q1 2025: $1.8B Q1 2025 Q2 2025: $2.0B Q2 2025 Q3 2025: $2.2B Q3 2025 Q4 2025: $2.3B Q4 2025 Q1 2026: $2.0B Q1 2026 Q2 2026: $2.3B Q2 2026

Holdings 105 stocks · $1.7B
JPM JPMorgan Chase & Co. 6.56% 469,496 $112.5M No change
DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC 3.70% 2,064,565 $63.5M Add +1.5%
WBS Webster Financial Corp. 3.56% 1,107,140 $61.1M Reduce -37.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 3.33% 1,299,227 $57.1M No change
LEN Lennar Corp. Class A 3.23% 405,933 $55.4M No change
USB US Bancorp 3.21% 1,152,063 $55.1M No change
OMF Onemain Holdings Inc. 2.98% 981,250 $51.2M Reduce -4.8%
FCNCA First Citizens Bcshs Class A 2.87% 23,333 $49.3M No change
COOP Mr Cooper Group Inc. 2.72% 486,122 $46.7M Reduce -2.0%
PFSI Pennymac Financial Services 2.72% 456,874 $46.7M Reduce -0.3%
MS Morgan Stanley 2.71% 369,259 $46.4M No change
TMHC Taylor Morrison Home Corp. 2.15% 602,024 $36.8M Reduce -11.6%
RM Regional Management Corp. 2.02% 1,018,851 $34.6M No change
APO Apollo Global Management Inc. 2.01% 208,253 $34.4M No change
CFG Citizens Financial Group 1.69% 660,774 $28.9M Reduce -19.5%
TOL Toll Brothers Inc. 1.68% 228,142 $28.7M Reduce -15.6%
BANC Banc of California Inc. 1.68% 1,858,527 $28.7M Add +7.3%
MCB Metropolitan Bank Holding Co. 1.60% 468,885 $27.4M Reduce -22.9%
ONB Old National Bancorp 1.49% 1,173,763 $25.5M Add +129.4%
FNB FNB Corp. 1.48% 1,722,203 $25.5M Reduce -19.6%
CCS Century Communities Inc. 1.41% 328,826 $24.1M Reduce -24.6%
MHO M/I Homes Inc. 1.35% 173,847 $23.1M Reduce -44.8%
AMG Affiliated Managers Group 1.34% 124,241 $23.0M Reduce -5.9%
SCHW Schwab (charles) Corp. 1.32% 306,411 $22.7M Add +109.2%
BKU Bankunited Inc. 1.32% 593,901 $22.7M Add +22.0%
AMP Ameriprise Financial Inc. 1.30% 41,930 $22.3M No change
SNV Synovus Financial Corp. 1.29% 430,841 $22.1M No change
COF Capital One Financial Corp. 1.28% 123,177 $22.0M Reduce -38.1%
ESQ Esquire Financial Holdings I 1.25% 268,727 $21.4M No change
MBIN Merchants Bancorp 1.24% 581,753 $21.2M Reduce -3.4%
EVR Evercore Inc. Class A 1.24% 76,420 $21.2M No change
PFS Provident Financial Services 1.22% 1,105,103 $20.9M Add +23.8%
WFC Wells Fargo & Co. 1.11% 269,858 $19.0M Reduce -60.5%
VLY Valley National Bancorp 1.10% 2,075,755 $18.8M Reduce -3.1%
FNF Fidelity National Financial 1.09% 334,183 $18.8M No change
HWC Hancock Whitney Corp. 1.06% 332,577 $18.2M Reduce -45.2%
VCTR Victory Capital Holding - A 1.01% 264,567 $17.3M Reduce -38.1%
LAZ Lazard Inc. 0.95% 315,097 $16.2M Reduce -23.5%
COLB Columbia Banking System Inc. 0.93% 593,221 $16.0M Reduce -41.8%
RJF Raymond James Financial Inc. 0.93% 102,367 $15.9M No change
PWP Perella Weinberg Partners 0.90% 650,928 $15.5M Reduce -40.9%
CPF Central Pacific Financial Co. 0.89% 527,794 $15.3M Add +0.8%
MOFG Midwestone Financial Group I 0.89% 524,803 $15.3M Add +111.1%
PHM Pultegroup Inc. 0.86% 135,730 $14.8M No change
BPOP Popular Inc. 0.82% 150,377 $14.1M Reduce -39.2%
UMBF Umb Financial Corp. 0.80% 121,787 $13.7M No change
VRTS Virtus Investment Partners 0.80% 61,846 $13.6M Reduce -44.0%
SYF Synchrony Financial 0.73% 192,152 $12.5M Reduce -54.1%
WAL Western Alliance Bancorp 0.65% 133,164 $11.1M Reduce -61.3%
VBTX Veritex Holdings Inc. 0.64% 407,224 $11.1M Reduce -3.8%
CWK Cushman & Wakefield UK Holdc 0.62% 818,476 $10.7M Reduce -50.5%
CAC Camden National Corp. 0.62% 247,699 $10.6M No change
AB Alliancebernstein Holding LP 0.60% 277,697 $10.3M New
GHLD Guild Holdings Co. Class A 0.56% 674,805 $9.5M Add +3.2%
WAFD Wafd Inc. 0.54% 285,672 $9.2M New
DFS Discover Financial Services 0.53% 52,872 $9.2M Add +10.3%
USCB Uscb Financial Holdings Inc. 0.53% 514,460 $9.1M Reduce -6.5%
HAPN Happen Inc. filed as LENDINGCLUB CORP 0.52% 553,343 $9.0M New
UBSI United Bankshares Inc. 0.51% 233,034 $8.8M No change
TLT iShares 20+ Year Treasury BD 0.49% 96,154 $8.4M No change
FISI Financial Institutions Inc. 0.49% 304,891 $8.3M New
PGC Peapack Gladstone Finl Corp. 0.46% 247,360 $7.9M New
BBT Beacon Financial Corp. filed as BERKSHIRE HILLS BANCORP INC 0.45% 271,519 $7.7M Add +83.7%
BLK BlackRock Inc. 0.45% 7,453 $7.6M Reduce -11.0%
SASR Sandy Spring Bancorp Inc. 0.42% 211,869 $7.1M Reduce -54.8%
KBH KB Home 0.40% 103,217 $6.8M No change
UWMC Uwm Holdings Corp. 0.38% 1,124,694 $6.6M New
TCBK Trico Bancshares 0.35% 137,981 $6.0M No change
HFWA Heritage Financial Corp. 0.33% 230,737 $5.7M No change
CMA Comerica Inc. 0.32% 89,972 $5.6M No change
FBNC First Bancorp 0.32% 123,266 $5.4M No change
SSB Southstate Bank Corp. 0.31% 52,944 $5.3M No change
FUNC First United Corp. 0.30% 150,364 $5.1M Reduce -2.1%
HOMB Home Bancshares Inc. 0.27% 166,538 $4.7M No change
FLG Flagstar Bank NA 0.27% 499,236 $4.7M Reduce -25.4%
NRDS Nerdwallet Inc. Class A 0.27% 342,165 $4.6M Reduce -32.5%
KKR KKR & Co. Inc. 0.25% 28,973 $4.3M Reduce -68.8%
QNST Quinstreet Inc. 0.24% 176,860 $4.1M Reduce -74.7%
FITB Fifth Third Bancorp 0.23% 93,607 $4.0M No change
BMRC Bank of Marin Bancorp filed as BANK MARIN BANCORP 0.23% 165,755 $3.9M Reduce -2.4%
ALLY Ally Financial Inc. 0.23% 107,282 $3.9M Reduce -73.1%
RY Royal Bank of Canada 0.20% 28,335 $3.4M No change
FHI Federated Hermes Inc. 0.19% 80,787 $3.3M New
CBZ Cbiz Inc. 0.19% 40,355 $3.3M New
MCHB Mechanics Bancorp Class A filed as HOMESTREET INC 0.19% 286,130 $3.3M New
NBN Northeast Bank 0.17% 31,107 $2.9M No change
BUSE First Busey Corp. 0.16% 117,192 $2.8M No change
BWB Bridgewater Bancshares Inc. 0.16% 203,464 $2.7M New
OCFC Oceanfirst Financial Corp. 0.16% 148,890 $2.7M New
MTB M & T Bank Corp. filed as M & T BK CORP 0.15% 13,360 $2.5M No change
WSBC Wesbanco Inc. 0.11% 58,859 $1.9M No change
CHMG Chemung Financial Corp. 0.11% 37,921 $1.9M New
OBK Origin Bancorp Inc. 0.11% 55,485 $1.8M New
BUR Burford Capital Ltd. 0.09% 118,200 $1.5M Reduce -71.1%
EWBC East West Bancorp Inc. 0.09% 15,249 $1.5M Reduce -95.2%
C Citigroup Inc. 0.08% 19,920 $1.4M No change
WRLD World Acceptance Corp. 0.07% 11,430 $1.3M No change
ALRS Alerus Financial Corp. 0.07% 60,240 $1.2M No change
BFST Business First Bancshares 0.05% 35,845 $921K New
EGBN Eagle Bancorp Inc. 0.03% 21,325 $555K No change
PGR Progressive Corp. 0.03% 1,899 $455K No change
PKBK Parke Bancorp Inc. 0.02% 18,000 $369K Reduce -90.2%
ALL Allstate Corp. 0.01% 943 $182K No change
CLST Catalyst Bancorp Inc. 0.01% 11,246 $132K No change
KEY Keycorp 0.00% 262 $4K No change

Options reported separately and not counted above: TLT calls ($819K), MDY puts ($336K).

Portfolio Sells Q3 2024 → Q4 2024
MHO M/I Homes Inc. Reduce -44.8% 1.35% −1.43
EWBC East West Bancorp Inc. Reduce -95.2% 0.09% −1.26
CCS Century Communities Inc. Reduce -24.6% 1.41% −0.91
WFC Wells Fargo & Co. Reduce -60.5% 1.11% −0.89
WAL Western Alliance Bancorp Reduce -61.3% 0.65% −0.89
AX Axos Financial Inc. Sold out 0.00% −0.84
WBS Webster Financial Corp. Reduce -37.7% 3.56% −0.71
PNC PNC Financial Services Group Sold out 0.00% −0.70
HWC Hancock Whitney Corp. Reduce -45.2% 1.06% −0.54
CWK Cushman & Wakefield UK Holdc Reduce -50.5% 0.62% −0.54
ALLY Ally Financial Inc. Reduce -73.1% 0.23% −0.51
TOL Toll Brothers Inc. Reduce -15.6% 1.68% −0.48
VOYA Voya Financial Inc. Sold out 0.00% −0.46
BPOP Popular Inc. Reduce -39.2% 0.82% −0.46
QNST Quinstreet Inc. Reduce -74.7% 0.24% −0.45
RF Regions Financial Corp. Sold out 0.00% −0.44
COLB Columbia Banking System Inc. Reduce -41.8% 0.93% −0.44
VRTS Virtus Investment Partners Reduce -44.0% 0.80% −0.40
KKR KKR & Co. Inc. Reduce -68.8% 0.25% −0.38
RNST Renasant Corp. Sold out 0.00% −0.36
SYF Synchrony Financial Reduce -54.1% 0.73% −0.35
SASR Sandy Spring Bancorp Inc. Reduce -54.8% 0.42% −0.34
TMHC Taylor Morrison Home Corp. Reduce -11.6% 2.15% −0.32
COF Capital One Financial Corp. Reduce -38.1% 1.28% −0.26
SDHC Smith Douglas Homes Corp. Sold out 0.00% −0.21
VCTR Victory Capital Holding - A Reduce -38.1% 1.01% −0.21
HBAN Huntington Bancshares Inc. Sold out 0.00% −0.21
PWP Perella Weinberg Partners Reduce -40.9% 0.90% −0.19
BUR Burford Capital Ltd. Reduce -71.1% 0.09% −0.19
PKBK Parke Bancorp Inc. Reduce -90.2% 0.02% −0.18
LGIH Lgi Homes Inc. Sold out 0.00% −0.16
MBIN Merchants Bancorp Reduce -3.4% 1.24% −0.16
STEL Stellar Bancorp Inc. Sold out 0.00% −0.14
LAZ Lazard Inc. Reduce -23.5% 0.95% −0.12
FLG Flagstar Bank NA Reduce -25.4% 0.27% −0.12
FNB FNB Corp. Reduce -19.6% 1.48% −0.07
NRDS Nerdwallet Inc. Class A Reduce -32.5% 0.27% −0.07
CFG Citizens Financial Group Reduce -19.5% 1.69% −0.05
MCB Metropolitan Bank Holding Co. Reduce -22.9% 1.60% −0.05
CARE Carter Bankshares Inc. Sold out 0.00% −0.04
CUBI Customers Bancorp Inc. Sold out 0.00% −0.00
PFSI Pennymac Financial Services Reduce -0.3% 2.72% +0.03
BLK BlackRock Inc. Reduce -11.0% 0.45% +0.04
BMRC Bank of Marin Bancorp Reduce -2.4% 0.23% +0.05
FUNC First United Corp. Reduce -2.1% 0.30% +0.06
VBTX Veritex Holdings Inc. Reduce -3.8% 0.64% +0.07
VLY Valley National Bancorp Reduce -3.1% 1.10% +0.10
USCB Uscb Financial Holdings Inc. Reduce -6.5% 0.53% +0.10
AMG Affiliated Managers Group Reduce -5.9% 1.34% +0.13
COOP Mr Cooper Group Inc. Reduce -2.0% 2.72% +0.36

Portfolio Buys Q3 2024 → Q4 2024
ONB Old National Bancorp Add +129.4% 1.49% +0.99
SCHW Schwab (charles) Corp. Add +109.2% 1.32% +0.83
DCOM Dime Commercial Bancshares I Add +1.5% 3.70% +0.68
AB Alliancebernstein Holding LP New 0.60% +0.60
WAFD Wafd Inc. New 0.54% +0.54
MOFG Midwestone Financial Group I Add +111.1% 0.89% +0.53
HAPN Happen Inc. New 0.52% +0.52
FISI Financial Institutions Inc. New 0.49% +0.49
PGC Peapack Gladstone Finl Corp. New 0.46% +0.46
BKU Bankunited Inc. Add +22.0% 1.32% +0.41
UWMC Uwm Holdings Corp. New 0.38% +0.38
PFS Provident Financial Services Add +23.8% 1.22% +0.36
BANC Banc of California Inc. Add +7.3% 1.68% +0.36
BBT Beacon Financial Corp. Add +83.7% 0.45% +0.24
FHI Federated Hermes Inc. New 0.19% +0.19
CBZ Cbiz Inc. New 0.19% +0.19
MCHB Mechanics Bancorp Class A New 0.19% +0.19
DFS Discover Financial Services Add +10.3% 0.53% +0.19
BWB Bridgewater Bancshares Inc. New 0.16% +0.16
OCFC Oceanfirst Financial Corp. New 0.16% +0.16
CHMG Chemung Financial Corp. New 0.11% +0.11
OBK Origin Bancorp Inc. New 0.11% +0.11
CPF Central Pacific Financial Co. Add +0.8% 0.89% +0.10
BFST Business First Bancshares New 0.05% +0.05
GHLD Guild Holdings Co. Class A Add +3.2% 0.56% −0.01

Options Activity Q3 2024 → Q4 2024
TLT iShares 20+ Year Treasury BD call Reduce -57.1% 9,379 $819K
MDY State Street SPDR S&P Midcap put Reduce -59.3% 590 $336K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 108$2.3BJPM, BAC, WBS, USB, DCOM
Q1 2026 105$2.0BJPM, BAC, WBS, USB, DCOM
Q4 2025 107$2.3BJPM, RKT, WBS, BAC, USB
Q3 2025 107$2.2BJPM, COOP, BAC, USB, WBS
Q2 2025 112$2.0BJPM, BAC, COOP, USB, WBS
Q1 2025 110$1.8BJPM, WBS, USB, DCOM, COOP
Q4 2024 105$1.7BJPM, DCOM, WBS, BAC, LEN
Q3 2024 102$1.9BJPM, WBS, LEN, DCOM, MHO
Q2 2024 87$1.5BJPM, WBS, LEN, BAC, USB
Q1 2024 95$1.7BJPM, WBS, LEN, BAC, USB