Is Equity Bancshares, Inc. overvalued or undervalued?

As of 24 October 2025, the valuation grade for Equity Bancshares, Inc. has moved from expensive to fair, indicating a more favorable assessment of its value. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 12, a Price to Book Value of 1.32, and an EV to EBITDA of 8.61. In comparison to its peers, Central Pacific Financial Corp. has a P/E of 13.75, while Metropolitan Bank Holding Corp. stands at 12.12, suggesting that Equity Bancshares is competitively priced within its industry.
Despite a recent underperformance against the S&P 500 with a year-to-date return of -1.30% compared to the index's 15.47%, the company's strong dividend yield of 107.89% and a PEG ratio of 0.03 highlight its potential for growth and income generation. Overall, Equity Bancshares, Inc. is fairly valued in the current market context.