Is Park National Corp. overvalued or undervalued?

As of 8 September 2025, the valuation grade for Park National Corp. has moved from expensive to fair. Based on the current metrics, the company appears fairly valued. The P/E ratio stands at 18, the Price to Book Value is 2.24, and the EV to EBITDA ratio is 14.21, indicating a reasonable valuation relative to its peers.
In comparison to its peers, UMB Financial Corp. has a P/E of 19.64, while Axos Financial, Inc. shows a lower P/E of 13.92, suggesting that Park National Corp. is positioned competitively within the industry. Notably, the company's returns have lagged behind the S&P 500, with a 1-year return of -2.22% compared to the S&P 500's 17.14%, although it has shown a positive 3-year return of 33.03% against the benchmark's 70.41%.