Is Bank OZK overvalued or undervalued?

As of 21 November 2025, the valuation grade for Bank OZK has moved from attractive to very attractive, indicating a strong improvement in its perceived value. Based on the metrics provided, Bank OZK appears to be undervalued, with a P/E ratio of 7, a Price to Book Value of 0.89, and an EV to EBITDA of 3.86. In comparison, peers such as First Horizon Corp. have a P/E of 13.43, while SouthState Corp. has a significantly higher P/E of 15.16, highlighting Bank OZK's relative undervaluation.
Despite a challenging year with a 1Y return of -7.53% compared to the S&P 500's 11.00%, Bank OZK has shown resilience with a 5Y return of 60.89%, although this still lags behind the S&P 500's 85.61%. Overall, the combination of strong valuation ratios and the favorable grade change supports the conclusion that Bank OZK is currently undervalued in the market.