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South Plains Financial NasdaqGS:SPFI Stock Report

Last Price

US$39.52

Market Cap

US$646.7m

7D

4.0%

1Y

51.3%

Updated

25 Nov, 2024

Data

Company Financials +

South Plains Financial, Inc.

NasdaqGS:SPFI Stock Report

Market Cap: US$646.7m

SPFI Stock Overview

Operates as a bank holding company for City Bank that provides commercial and consumer financial services to small and medium-sized businesses and individuals. More details

SPFI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

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$39.52
52 Week HighUS$40.91
52 Week LowUS$24.05
Beta0.58
11 Month Change18.04%
3 Month Change15.93%
1 Year Change51.30%
33 Year Change55.59%
5 Year Change110.55%
Change since IPO123.15%

Recent News & Updates

South Plains Financial, Inc. (NASDAQ:SPFI) Just Reported And Analysts Have Been Lifting Their Price Targets

Oct 26
South Plains Financial, Inc. (NASDAQ:SPFI) Just Reported And Analysts Have Been Lifting Their Price Targets

Recent updates

South Plains Financial, Inc. (NASDAQ:SPFI) Just Reported And Analysts Have Been Lifting Their Price Targets

Oct 26
South Plains Financial, Inc. (NASDAQ:SPFI) Just Reported And Analysts Have Been Lifting Their Price Targets

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

Oct 21
South Plains Financial's (NASDAQ:SPFI) Shareholders Will Receive A Bigger Dividend Than Last Year

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

Shareholder Returns

SPFIUS BanksUS Market
7D4.0%3.1%2.2%
1Y51.3%60.1%32.6%

Return vs Industry: SPFI underperformed the US Banks industry which returned 57.7% over the past year.

Return vs Market: SPFI exceeded the US Market which returned 31.6% over the past year.

Price Volatility

Is SPFI's price volatile compared to industry and market?
SPFI volatility
SPFI Average Weekly Movement5.8%
Banks Industry Average Movement5.1%
Market Average Movement6.3%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: SPFI's weekly volatility (6%) 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$646.74m
Earnings (TTM)US$43.54m
Revenue (TTM)US$183.91m

14.9x

P/E Ratio

1.5x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPFI income statement (TTM)
RevenueUS$183.91m
Cost of RevenueUS$0
Gross ProfitUS$183.91m
Other ExpensesUS$140.37m
EarningsUS$43.54m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.66
Gross Margin100.00%
Net Profit Margin23.68%
Debt/Equity Ratio24.9%

How did SPFI perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

20%

Payout Ratio