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South Plains Financial NasdaqGS:SPFI Stock Report

Last Price

US$25.31

Market Cap

US$414.3m

7D

3.2%

1Y

20.7%

Updated

17 Apr, 2024

Data

Company Financials +

South Plains Financial, Inc.

NasdaqGS:SPFI Stock Report

Market Cap: US$414.3m

SPFI Stock Overview

South Plains Financial, Inc. operates as a bank holding company for City Bank that provides commercial and consumer financial services to small and medium-sized businesses and individuals.

SPFI fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends3/6

South Plains Financial, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for South Plains Financial
Historical stock prices
Current Share PriceUS$25.31
52 Week HighUS$30.22
52 Week LowUS$18.75
Beta0.55
1 Month Change2.47%
3 Month Change-6.50%
1 Year Change20.70%
3 Year Change19.95%
5 Year Changen/a
Change since IPO42.91%

Recent News & Updates

Recent updates

South Plains Financial (NASDAQ:SPFI) Is Increasing Its Dividend To $0.13

Apr 25
South Plains Financial (NASDAQ:SPFI) Is Increasing Its Dividend To $0.13

South Plains Financial's (NASDAQ:SPFI) Shareholders Will Receive A Bigger Dividend Than Last Year

Jan 24
South Plains Financial's (NASDAQ:SPFI) Shareholders Will Receive A Bigger Dividend Than Last Year

South Plains Financial declares $0.12 dividend

Oct 20

South Plains Financial's (NASDAQ:SPFI) Dividend Will Be Increased To $0.12

Jul 26
South Plains Financial's (NASDAQ:SPFI) Dividend Will Be Increased To $0.12

South Plains Financial raises dividend by 9% to $0.12/share

Jul 21

South Plains Financial's (NASDAQ:SPFI) Dividend Will Be Increased To US$0.11

Jan 24
South Plains Financial's (NASDAQ:SPFI) Dividend Will Be Increased To US$0.11

South Plains Financial (NASDAQ:SPFI) Will Pay A Larger Dividend Than Last Year At US$0.09

Jul 26
South Plains Financial (NASDAQ:SPFI) Will Pay A Larger Dividend Than Last Year At US$0.09

South Plains Financial EPS beats by $0.13, beats on revenue

Apr 27

Could The South Plains Financial, Inc. (NASDAQ:SPFI) Ownership Structure Tell Us Something Useful?

Mar 01
Could The South Plains Financial, Inc. (NASDAQ:SPFI) Ownership Structure Tell Us Something Useful?

South Plains Financial, Inc. 2020 Q4 - Results - Earnings Call Presentation

Feb 01

Be Sure To Check Out South Plains Financial, Inc. (NASDAQ:SPFI) Before It Goes Ex-Dividend

Jan 25
Be Sure To Check Out South Plains Financial, Inc. (NASDAQ:SPFI) Before It Goes Ex-Dividend

Could South Plains Financial, Inc. (NASDAQ:SPFI) Have The Makings Of Another Dividend Aristocrat?

Dec 29
Could South Plains Financial, Inc. (NASDAQ:SPFI) Have The Makings Of Another Dividend Aristocrat?

South Plains Financial resumes share repurchase program

Nov 02

Shareholder Returns

SPFIUS BanksUS Market
7D3.2%-4.1%-3.7%
1Y20.7%19.9%20.5%

Return vs Industry: SPFI exceeded the US Banks industry which returned 19.2% over the past year.

Return vs Market: SPFI matched the US Market which returned 20.2% over the past year.

Price Volatility

Is SPFI's price volatile compared to industry and market?
SPFI volatility
SPFI Average Weekly Movement5.1%
Banks Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.0%

Stable Share Price: SPFI has not had significant price volatility in the past 3 months.

Volatility Over Time: SPFI's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1941583Curtis Griffithwww.spfi.bank

South Plains Financial, Inc. operates as a bank holding company for City Bank that provides commercial and consumer financial services to small and medium-sized businesses and individuals. The company operates through two segments, Banking and Insurance. It offers deposit products, including demand deposit accounts, interest-bearing products, savings accounts, and certificate of deposits.

South Plains Financial, Inc. Fundamentals Summary

How do South Plains Financial's earnings and revenue compare to its market cap?
SPFI fundamental statistics
Market capUS$414.27m
Earnings (TTM)US$62.75m
Revenue (TTM)US$210.95m

6.6x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPFI income statement (TTM)
RevenueUS$210.95m
Cost of RevenueUS$0
Gross ProfitUS$210.95m
Other ExpensesUS$148.21m
EarningsUS$62.75m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 25, 2024

Earnings per share (EPS)3.82
Gross Margin100.00%
Net Profit Margin29.74%
Debt/Equity Ratio27.2%

How did SPFI perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

14%

Payout Ratio
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