People wanting something like Bannerlord but in functional and not dead online can check this game out:
Gloria Victis is an MMORPG with an emphasis on realism, set in a low-fantasy medieval open world. Enjoy MMO with skill-based non-target combat, open PVP with territory control, deep crafting system and player-driven economy – all that served with beautiful graphics and an immersive atmosphere.
store.steampowered.com
Fighting system is like a 1:1 copy from Bannerlord. No magic stuff. Archers not OP as I first thought. But it´s a small scale mmo. You won´t lead your own army but you´ll attack/defend castles and other places together with other players. You can´t yolo in this game and you won´t be a 360 no scope archer. It´s slow paced in the battles. Buy2Play and the cashshop (which is not penetrant) and really not pay2win, at least yet.
There are also no skills, there are no thiefs that can go into stealth or stuff like this. Everyone is literally the same, you can choose between perks that makes you a better archer, cav or better 2h troop and stuff like this. It´s pretty grounded. It´s totally PVP focussed and you can kill other players (3 factions) like everywhere. PVE stuff exists (no dungeons/raids) but it´s more like a filler thing. There are also loot areas where you can loot other players or be looted, but it´s not full loot and equipment isn´t that important. Crafting plays a big role also and the economy is player driven and seems to work unlike Bannerlords economy.
I enjoy it so far.