SPFI South Plains Financial Inc

  1. Stocks
  2. Financial Services
  3. NASDAQ: SPFI

Price (delayed)

$26.52

Market cap

$435.8M

P/E Ratio

7.11

Dividend/share

$0.52

EPS

$3.73

Enterprise value

$215.81M

South Plains Financial Inc. is the bank holding company for City Bank, a Texas state-chartered bank headquartered in Lubbock, Texas. City Bank is one of the largest independent banks in ...

Highlights
SPFI's equity is up by 14% year-on-year and by 10% since the previous quarter
SPFI's debt is down by 10% QoQ and by 10% YoY
The stock's price to earnings (P/E) is 12% less than its 5-year quarterly average of 8.1 but 4.6% more than its last 4 quarters average of 6.8
The EPS has grown by 11% YoY but it has contracted by 2.4% from the previous quarter
SPFI's revenue is down by 2.3% QoQ
SPFI's gross profit is down by 2.3% from the previous quarter
Sector: Financial Services
Industry: Banks - Regional
Website: http://www.spfi.bank
Peers: NRIM NKSH

Key stats

What are the main financial stats of SPFI
Market
Shares outstanding
16.43M
Market cap
$435.8M
Enterprise value
$215.81M
Valuations
Price to earnings (P/E)
7.11
Price to book (P/B)
1.07
Price to sales (P/S)
2.04
EV/EBIT
2.72
EV/EBITDA
2.51
EV/Sales
1.01
Earnings
Revenue
$214.36M
EBIT
$79.42M
EBITDA
$85.83M
Free cash flow
$54.83M
Per share
EPS
$3.73
Free cash flow per share
$3.33
Book value per share
$24.7
Revenue per share
$13.01
TBVPS
$253.79
Balance sheet
Total assets
$4.2B
Total liabilities
$3.8B
Debt
$110.17M
Equity
$407.11M
Working capital
N/A
Liquidity
Debt to equity
0.27
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-2.56
Margins
EBITDA margin
40%
Gross margin
100%
Net margin
29.3%
Operating margin
38.6%
Efficiency
Return on assets
1.5%
Return on equity
16.3%
Return on invested capital
2%
Return on capital employed
N/A
Return on sales
37%
Dividend
Dividend yield
1.96%
DPS
$0.52
Payout ratio
13.9%

SPFI stock price

How has the South Plains Financial stock price performed over time
Intraday
-0.79%
1 week
4.29%
1 month
0.68%
1 year
29.87%
YTD
-8.43%
QTD
-0.9%

Financial performance

How have South Plains Financial's revenue and profit performed over time
Revenue
$214.36M
Gross profit
$214.36M
Operating income
$82.83M
Net income
$62.75M
Gross margin
100%
Net margin
29.3%
SPFI's operating margin is up by 15% YoY
SPFI's operating income is up by 13% year-on-year but it is down by 3.4% since the previous quarter
SPFI's net margin is up by 9% YoY
The net income is up by 8% year-on-year but it has declined by 3.5% since the previous quarter

Growth

What is South Plains Financial's growth rate over time

Valuation

What is South Plains Financial stock price valuation
P/E
7.11
P/B
1.07
P/S
2.04
EV/EBIT
2.72
EV/EBITDA
2.51
EV/Sales
1.01
The stock's price to earnings (P/E) is 12% less than its 5-year quarterly average of 8.1 but 4.6% more than its last 4 quarters average of 6.8
The EPS has grown by 11% YoY but it has contracted by 2.4% from the previous quarter
SPFI's equity is up by 14% year-on-year and by 10% since the previous quarter
The stock's price to book (P/B) is 2.7% less than its 5-year quarterly average of 1.1 and 2.7% less than its last 4 quarters average of 1.1
The stock's price to sales (P/S) is 7% more than its 5-year quarterly average of 1.9 and 7% more than its last 4 quarters average of 1.9
SPFI's revenue is down by 2.3% QoQ

Efficiency

How efficient is South Plains Financial business performance
The ROS has grown by 10% YoY
The ROE has contracted by 7% from the previous quarter
SPFI's return on assets is down by 6% since the previous quarter
The return on invested capital has declined by 4.8% since the previous quarter

Dividends

What is SPFI's dividend history
Dividend details
DPS
$0.52
Dividend yield
1.96%
Payout ratio
13.9%
Recent dividends

Financial health

How did South Plains Financial financials performed over time
The total assets is 11% greater than the total liabilities
The total assets is up by 7% year-on-year
SPFI's total liabilities is up by 6% YoY
SPFI's debt is 73% lower than its equity
The debt to equity has declined by 21% year-on-year and by 18% since the previous quarter
SPFI's equity is up by 14% year-on-year and by 10% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.