Is Equity Bancshares, Inc. overvalued or undervalued?

As of 3 October 2025, the valuation grade for Equity Bancshares, Inc. has moved from attractive to fair. Based on the current metrics, the company appears to be fairly valued. Key ratios include a P/E ratio of 12, a Price to Book Value of 1.32, and an EV to EBITDA of 8.61. In comparison, Central Pacific Financial Corp. has a P/E of 13.75, while Metropolitan Bank Holding Corp. shows a P/E of 12.12, indicating that Equity Bancshares is positioned competitively within its peer group.
Despite a strong dividend yield of 107.89% and a solid ROCE of 14.17%, the company's recent stock performance has lagged behind the S&P 500, with a YTD return of -4.79% compared to the index's 14.18%. This suggests that while the company may be fairly valued based on its ratios, it faces challenges in the current market environment.