Is Cadence Bank overvalued or undervalued?

As of 7 July 2025, the valuation grade for Cadence Bank has moved from expensive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 10, a Price to Book Value of 0.99, and an EV to EBITDA of 6.09. In comparison to peers, Comerica, Inc. has a P/E of 21.53, while Zions Bancorporation, NA has a P/E of 10.08, indicating that Cadence Bank is positioned competitively within its industry.
In terms of recent performance, Cadence Bank has returned 19.05% over the past year, slightly outperforming the S&P 500's return of 17.14%. This performance, combined with its fair valuation, suggests that the stock is reasonably priced relative to its peers and the broader market.