Is Valley National Bancorp overvalued or undervalued?

As of 8 September 2025, the valuation grade for Valley National Bancorp has moved from fair to very attractive, indicating a favorable shift in its valuation outlook. The company appears undervalued, supported by a P/E ratio of 13, a price-to-book value of 0.67, and an EV to EBITDA ratio of 12.83. In comparison, peers such as Comerica, Inc. have a P/E ratio of 21.53, while Zions Bancorporation, NA shows a lower P/E of 10.08, highlighting Valley's competitive positioning within the sector.
Valley National Bancorp has delivered strong returns, outperforming the S&P 500 with a year-to-date return of 22.52% compared to the index's 12.22%. This performance, along with its attractive valuation metrics, reinforces the conclusion that the stock is currently undervalued.