South Plains Financial Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $26.45
- Today's High:
- $26.9499
- Open Price:
- $26.66
- 52W Low:
- $18.657
- 52W High:
- $31.4529
- Prev. Close:
- $26.39
- Volume:
- 21041
Company Statistics
- Market Cap.:
- $460.05 million
- Book Value:
- 23.126
- Revenue TTM:
- $224.15 million
- Operating Margin TTM:
- 37.74%
- Gross Profit TTM:
- $217.24 million
- Profit Margin:
- 29.89%
- Return on Assets TTM:
- 1.65%
- Return on Equity TTM:
- 17.72%
Company Profile
South Plains Financial Inc had its IPO on 2019-05-09 under the ticker symbol SPFI.
The company operates in the Financial Services sector and Banks-Regional industry. South Plains Financial Inc has a staff strength of 600 employees.
Stock update
Shares of South Plains Financial Inc opened at $26.66 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $26.45 - $26.95, and closed at $26.72.
This is a +1.25% increase from the previous day's closing price.
A total volume of 21,041 shares were traded at the close of the day’s session.
In the last one week, shares of South Plains Financial Inc have slipped by -1.76%.
South Plains Financial Inc's Key Ratios
South Plains Financial Inc has a market cap of $460.05 million, indicating a price to book ratio of 1.4409 and a price to sales ratio of 2.1213.
In the last 12-months South Plains Financial Inc’s revenue was $224.15 million with a gross profit of $217.24 million and an EBITDA of $0. The EBITDA ratio measures South Plains Financial Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, South Plains Financial Inc’s operating margin was 37.74% while its return on assets stood at 1.65% with a return of equity of 17.72%.
In Q2, South Plains Financial Inc’s quarterly earnings growth was a positive 94.3% while revenue growth was a positive 33.3%.
South Plains Financial Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 7.1579
- PEG
Its diluted EPS in the last 12-months stands at $3.8 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into South Plains Financial Inc’s profitability.
South Plains Financial Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.1213.
South Plains Financial Inc stock pays annual dividends of $0.5 per share, indicating a yield of 1.88% and a payout ratio of 13.39%.
Balance sheet and cash flow metrics
- Total Assets
- $4.15 billion
- Total Liabilities
- $3.64 billion
- Operating Cash Flow
- $-94481000.00
- Capital Expenditure
- $1.89 million
- Dividend Payout Ratio
- 13.39%
South Plains Financial Inc ended 2024 with $4.15 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.15 billion while shareholder equity stood at $392.03 million.
South Plains Financial Inc ended 2024 with $0 in deferred long-term liabilities, $3.64 billion in other current liabilities, 16952000.00 in common stock, $325.77 million in retained earnings and $19.32 million in goodwill. Its cash balance stood at $295.58 million and cash and short-term investments were $692.59 million. The company’s total short-term debt was $0 while long-term debt stood at $122.45 million.
South Plains Financial Inc’s total current assets stands at $692.59 million while long-term investments were $628.09 million and short-term investments were $628.09 million. Its net receivables were $15.92 million compared to accounts payable of $61.13 million and inventory worth $0.
In 2024, South Plains Financial Inc's operating cash flow was $-94481000.00 while its capital expenditure stood at $1.89 million.
Comparatively, South Plains Financial Inc paid $0.13 in dividends in 2024.
Other key metrics
- Current Trading Price
- $26.72
- 52-Week High
- $31.4529
- 52-Week Low
- $18.657
- Analyst Target Price
- $29.38
South Plains Financial Inc stock is currently trading at $26.72 per share. It touched a 52-week high of $31.4529 and a 52-week low of $31.4529. Analysts tracking the stock have a 12-month average target price of $29.38.
Its 50-day moving average was $25.73 and 200-day moving average was $24.85 The short ratio stood at 2.62 indicating a short percent outstanding of 0%.
Around 2715.5% of the company’s stock are held by insiders while 2673.2% are held by institutions.
Frequently Asked Questions About South Plains Financial Inc
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About
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. The company also provides commercial real estate loans; general and specialized commercial loans, including agricultural production and real estate, energy, finance, investment, and insurance loans, as well as loans to goods, services, restaurant and retail, construction, and other industries; residential construction loans; and 1-4 family residential loans, auto loans, and other loans for recreational vehicles or other purposes. In addition, it offers crop insurance products; trust products and services; investment services; mortgage banking services; online and mobile banking services; and debit and credit cards. The company was founded in 1941 and is headquartered in Lubbock, Texas.