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NASDAQ: SPFI
South Plains Financial Inc Stock

$31.40+0.66 (+2.15%)
Updated Jul 17, 2024
SPFI Price
$31.40
Fair Value Price
$45.31
Market Cap
$515.57M
52 Week Low
$23.75
52 Week High
$31.47
P/E
8.18x
P/B
1.26x
P/S
2.03x
PEG
N/A
Dividend Yield
1.69%
Revenue
$216.31M
Earnings
$64.38M
Gross Margin
100%
Operating Margin
37.81%
Profit Margin
29.8%
Debt to Equity
9.32
Operating Cash Flow
$52M
Beta
0.87
Next Earnings
Jul 18, 2024
Ex-Dividend
N/A
Next Dividend
N/A

SPFI Overview

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 operates 25 full-service banking locations; and 15 loan production offices located throughout Texas and Eastern New Mexico. South Plains Financial, Inc. was founded in 1941 and is headquartered in Lubbock, Texas.

Zen Score

Industry Average (30)
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Due Diligence Checks

SPFI ($31.40) is undervalued by 30.69% relative to our estimate of its Fair Value price of $45.31 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
SPFI ($31.40) is significantly undervalued by 30.69% relative to our estimate of its Fair Value price of $45.31 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
SPFI is forecast by analysts... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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SPFI News

Valuation

SPFI fair value

Fair Value of SPFI stock based on Discounted Cash Flow (DCF)
Price
$31.40
Fair Value
$45.31
Undervalued by
30.69%
SPFI ($31.40) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
SPFI ($31.40) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
SPFI is forecast by analysts... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

SPFI price to earnings (PE)

For valuing profitable companies with steady earnings
Company
8.18x
Industry
13.89x
Market
30.24x
SPFI is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
SPFI is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

SPFI price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.26x
Industry
1.13x
SPFI is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

SPFI's financial health

Profit margin

Revenue
$45.9M
Net Income
$10.9M
Profit Margin
23.7%
SPFI's Earnings (EBIT) of $81.80M... subscribe to Premium to read more.
Interest Coverage Financials
SPFI's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$4.2B
Liabilities
$3.8B
Debt to equity
9.32
SPFI's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
SPFI's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$19.2M
Investing
$12.5M
Financing
$10.1M
SPFI's operating cash flow ($52.32M)... subscribe to Premium to read more.
Debt Coverage Financials

SPFI vs Bank Stocks

TickerMarket Cap1d %P/EP/B
SPFI$515.57M+2.15%8.18x1.26x
MCBC$509.58M+0.14%12.36x1.74x
NFBK$526.37M+3.13%15.83x0.75x
AROW$503.28M+0.50%17.52x1.33x
CCNE$503.04M+2.39%10.06x0.87x

South Plains Financial Stock FAQ

What is South Plains Financial's quote symbol?

(NASDAQ: SPFI) South Plains Financial trades on the NASDAQ under the ticker symbol SPFI. South Plains Financial stock quotes can also be displayed as NASDAQ: SPFI.

If you're new to stock investing, here's how to buy South Plains Financial stock.

What is the 52 week high and low for South Plains Financial (NASDAQ: SPFI)?

(NASDAQ: SPFI) South Plains Financial's 52-week high was $31.47, and its 52-week low was $23.75. It is currently -0.22% from its 52-week high and 32.21% from its 52-week low.

How much is South Plains Financial stock worth today?

(NASDAQ: SPFI) South Plains Financial currently has 16,419,362 outstanding shares. With South Plains Financial stock trading at $31.40 per share, the total value of South Plains Financial stock (market capitalization) is $515.57M.

South Plains Financial stock was originally listed at a price of $17.71 in May 9, 2019. If you had invested in South Plains Financial stock at $17.71, your return over the last 5 years would have been 77.3%, for an annualized return of 12.14% (not including any dividends or dividend reinvestments).

How much is South Plains Financial's stock price per share?

(NASDAQ: SPFI) South Plains Financial stock price per share is $31.40 today (as of Jul 17, 2024).

What is South Plains Financial's Market Cap?

(NASDAQ: SPFI) South Plains Financial's market cap is $515.57M, as of Jul 18, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

South Plains Financial's market cap is calculated by multiplying SPFI's current stock price of $31.40 by SPFI's total outstanding shares of 16,419,362.
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