South Plains Financial Future Growth

Future criteria checks 0/6

South Plains Financial's revenue and earnings are forecast to decline at 2.8% and 19.8% per annum respectively. EPS is expected to decline by 19.8% per annum. Return on equity is forecast to be 9.8% in 3 years.

Key information

-19.8%

Earnings growth rate

-19.8%

EPS growth rate

Banks earnings growth	7.9%
Revenue growth rate	-2.8%
Future return on equity	9.8%
Analyst coverage	Low
Last updated	25 Apr 2024

Recent future growth updates

Recent updates

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

Apr 25

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

Jan 24

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

Jul 26

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

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

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

Dec 29

South Plains Financial resumes share repurchase program

Nov 02

Earnings and Revenue Growth Forecasts

NasdaqGS:SPFI - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	200	43	N/A	N/A	4
12/31/2024	188	41	N/A	N/A	4
12/31/2023	211	63	54	59	N/A
9/30/2023	216	65	51	57	N/A
6/30/2023	224	67	54	60	N/A
3/31/2023	206	53	74	78	N/A
12/31/2022	217	58	119	124	N/A
9/30/2022	223	60	134	138	N/A
6/30/2022	223	60	113	117	N/A
3/31/2022	221	58	155	159	N/A
12/31/2021	221	59	93	96	N/A
9/30/2021	223	60	47	49	N/A
6/30/2021	223	61	81	83	N/A
3/31/2021	211	53	7	9	N/A
12/31/2020	198	45	2	6	N/A
9/30/2020	186	40	38	42	N/A
6/30/2020	170	31	-4	0	N/A
3/31/2020	165	32	1	5	N/A
12/31/2019	158	29	26	30	N/A
9/30/2019	152	25	0	4	N/A
6/30/2019	146	22	24	28	N/A
3/31/2019	143	29	37	41	N/A
12/31/2018	141	29	24	27	N/A
12/31/2017	131	24	26	35	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SPFI's earnings are forecast to decline over the next 3 years (-19.8% per year).

Earnings vs Market: SPFI's earnings are forecast to decline over the next 3 years (-19.8% per year).

High Growth Earnings: SPFI's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SPFI's revenue is expected to decline over the next 3 years (-2.8% per year).

High Growth Revenue: SPFI's revenue is forecast to decline over the next 3 years (-2.8% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SPFI's Return on Equity is forecast to be low in 3 years time (9.8%).

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South Plains Financial Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target increased by 9.2% to US$32.75

Consensus EPS estimates increase by 50%

Price target increased by 12% to US$29.38

Price target decreased by 9.9% to US$27.33

Price target decreased by 7.1% to US$28.33

Price target decreased to US$30.00

Recent updates

Fourth quarter dividend increased to US$0.14

South Plains Financial, Inc. Declares Quarterly Cash Dividend, Payable on May 13, 2024

South Plains Financial, Inc. to Report Q1, 2024 Results on Apr 25, 2024

South Plains Financial, Inc., Annual General Meeting, May 13, 2024

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Chairman & CEO recently sold US$1.3m worth of stock

Chairman & CEO notifies of intention to sell stock

South Plains Financial, Inc. (NasdaqGS:SPFI) announces an Equity Buyback for $10 million worth of its shares.

Chairman & CEO notifies of intention to sell stock

Price target increased by 9.2% to US$32.75

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

South Plains Financial, Inc. Declares Quarterly Cash Dividend, Payable on February 12, 2024

South Plains Financial, Inc. to Report Q4, 2023 Results on Jan 26, 2024

President & Director exercised options and sold US$88k worth of stock

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

South Plains Financial, Inc. to Report Q3, 2023 Results on Oct 24, 2023

Consensus EPS estimates increase by 50%

Price target increased by 12% to US$29.38

South Plains Financial, Inc. Declares Quarterly Cash Dividend, Payable on August 14, 2023

South Plains Financial, Inc. to Report Q2, 2023 Results on Jul 25, 2023

South Plains Financial, Inc.(NasdaqGS:SPFI) dropped from Russell 2000 Dynamic Index

President & Director recently bought US$106k worth of stock

South Plains Financial, Inc. (NasdaqGS:SPFI) announces an Equity Buyback for $15 million worth of its shares.

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

Price target decreased by 9.9% to US$27.33

Price target decreased by 7.1% to US$28.33

Full year 2022 earnings: Revenues exceed analyst expectations

Full year 2022 earnings: EPS and revenues exceed analyst expectations

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

South Plains Financial, Inc. Declares Quarterly Cash Dividend, Payable on February 13, 2023

South Plains Financial, Inc. to Report Q4, 2022 Results on Jan 26, 2023

President & Director exercised options and sold US$119k worth of stock

Insufficient new directors

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

South Plains Financial, Inc. Declares Quarterly Cash Dividend, Payable on November 15, 2022

South Plains Financial declares $0.12 dividend

South Plains Financial, Inc. to Report Q3, 2022 Results on Oct 21, 2022

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

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

South Plains Financial, Inc. Announces Quarterly Cash Dividend, Payable on August 15, 2022

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

South Plains Financial, Inc. to Report Q2, 2022 Results on Jul 22, 2022

South Plains Financial, Inc. (NasdaqGS:SPFI) announces an Equity Buyback for $15 million worth of its shares.

Price target decreased to US$30.00

Insufficient new directors

South Plains Financial, Inc. Declares Quarterly Cash Dividend, Payable on May 16, 2022

South Plains Financial, Inc. to Report Q1, 2022 Results on Apr 26, 2022

South Plains Financial, Inc., Annual General Meeting, May 10, 2022

Full year 2021 earnings: EPS exceeds analyst expectations

Insufficient new directors

Insufficient new directors

Price target increased to US$33.25

Full year 2021 earnings: EPS exceeds analyst expectations

South Plains Financial, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2021

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

Price target increased to US$31.50

Third quarter 2021 earnings released

Price target increased to US$31.00

Second quarter 2021 earnings released: EPS US$0.76 (vs US$0.31 in 2Q 2020)

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

Consensus EPS estimates increase to US$2.64

First quarter 2021 earnings released

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

Price target increased to US$26.00

Full year 2020 earnings released: EPS US$2.47 (vs US$1.74 in FY 2019)

Revenue and earnings beat expectations

Investor sentiment improved over the past week

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

New 90-day high: US$20.26