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
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
South Plains Financial, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$35.72 |
| 52 Week High | US$40.91 |
| 52 Week Low | US$24.05 |
| Beta | 0.59 |
| 1 Month Change | -7.65% |
| 3 Month Change | 8.08% |
| 1 Year Change | 20.80% |
| 3 Year Change | 27.89% |
| 5 Year Change | 70.10% |
| Change since IPO | 101.69% |
Recent News & Updates
Recent updates
South Plains Financial, Inc. (NASDAQ:SPFI) Just Reported And Analysts Have Been Lifting Their Price Targets
Oct 26
South Plains Financial's (NASDAQ:SPFI) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 21South Plains Financial (NASDAQ:SPFI) Is Increasing Its Dividend To $0.13
Apr 25South Plains Financial's (NASDAQ:SPFI) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 24South Plains Financial declares $0.12 dividend
Oct 20South Plains Financial's (NASDAQ:SPFI) Dividend Will Be Increased To $0.12
Jul 26South Plains Financial raises dividend by 9% to $0.12/share
Jul 21South Plains Financial's (NASDAQ:SPFI) Dividend Will Be Increased To US$0.11
Jan 24South Plains Financial (NASDAQ:SPFI) Will Pay A Larger Dividend Than Last Year At US$0.09
Jul 26South Plains Financial EPS beats by $0.13, beats on revenue
Apr 27Could The South Plains Financial, Inc. (NASDAQ:SPFI) Ownership Structure Tell Us Something Useful?
Mar 01South Plains Financial, Inc. 2020 Q4 - Results - Earnings Call Presentation
Feb 01Be Sure To Check Out South Plains Financial, Inc. (NASDAQ:SPFI) Before It Goes Ex-Dividend
Jan 25Shareholder Returns
| SPFI | US Banks | US Market | |
|---|---|---|---|
| 7D | 1.3% | -1.1% | -0.4% |
| 1Y | 20.8% | 29.5% | 24.8% |
Return vs Industry: SPFI underperformed the US Banks industry which returned 29.5% over the past year.
Return vs Market: SPFI underperformed the US Market which returned 24.8% over the past year.
Price Volatility
| SPFI volatility | |
|---|---|
| SPFI Average Weekly Movement | 6.3% |
| Banks Industry Average Movement | 5.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.0% |
| 10% least volatile stocks in US Market | 3.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1941 | 583 | Curtis Griffith | www.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
| SPFI fundamental statistics | |
|---|---|
| Market cap | US$585.44m |
| Earnings (TTM) | US$43.54m |
| Revenue (TTM) | US$183.91m |
13.4x
P/E Ratio1.3x
P/B RatioIs SPFI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SPFI income statement (TTM) | |
|---|---|
| Revenue | US$183.91m |
| Cost of Revenue | US$0 |
| Gross Profit | US$183.91m |
| Other Expenses | US$140.37m |
| Earnings | US$43.54m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.66 |
| Gross Margin | 100.00% |
| Net Profit Margin | 23.68% |
| Debt/Equity Ratio | 24.9% |
How did SPFI perform over the long term?
See historical performance and comparisonDividends
1.7%
Current Dividend Yield20%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 01:43 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
South Plains Financial, Inc. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brett Rabatin | Hovde Group, LLC |
| Christopher McGratty | Keefe, Bruyette, & Woods |
| Wood Lay | Keefe, Bruyette, & Woods |