South Plains Financial Balance Sheet Health
Financial Health criteria checks 6/6
South Plains Financial has total assets of $4.2B and total equity of $407.1M. Total deposits are $3.6B, and total loans are $3.0B. It earns a Net Interest Margin of 3.6%. It has sufficient allowance for bad loans, which are currently at 0.2% of total loans. Cash and short-term investments are $345.8M.
Key information
10.3x
Asset to equity ratio
3.6%
Net interest margin
| Total deposits | US$3.63b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.2% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$345.85m |
Recent financial health updates
No 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 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 25Could South Plains Financial, Inc. (NASDAQ:SPFI) Have The Makings Of Another Dividend Aristocrat?
Dec 29
South Plains Financial resumes share repurchase program
Nov 02Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SPFI's Assets to Equity ratio (10.3x) is moderate.
Allowance for Bad Loans: SPFI has a sufficient allowance for bad loans (815%).
Low Risk Liabilities: 95% of SPFI's liabilities are made up of primarily low risk sources of funding.
Loan Level: SPFI has an appropriate level of Loans to Assets ratio (71%).
Low Risk Deposits: SPFI's Loans to Deposits ratio (82%) is appropriate.
Level of Bad Loans: SPFI has an appropriate level of bad loans (0.2%).