SPFI South Plains Financial Inc
Price (delayed)
$32.72
Market cap
$539.41M
P/E Ratio
10.8
Dividend/share
$0.58
EPS
$3.03
Enterprise value
$290.68M
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 8% year-on-year
The net income has declined by 21% year-on-year but it is up by 14% since the previous quarter
The EPS has contracted by 19% YoY but it has grown by 14% from the previous quarter
The stock's price to earnings (P/E) is 35% more than its 5-year quarterly average of 8.0 and 6% more than its last 4 quarters average of 10.2
Key stats
What are the main financial stats of SPFI
Market
Valuations
Earnings
Shares outstanding
16.49M
Market cap
$539.41M
Enterprise value
$290.68M
Price to earnings (P/E)
10.8
Price to book (P/B)
1.22
Price to sales (P/S)
2.81
EV/EBIT
4.59
EV/EBITDA
4.16
EV/Sales
1.52
Revenue
$190.87M
Gross profit
$190.87M
Operating income
$63.29M
Net income
$49.72M
EBIT
$63.29M
EBITDA
$69.8M
Free cash flow
$56.41M
Per share
Balance sheet
Liquidity
EPS
$3.03
EPS diluted
$2.92
Free cash flow per share
$3.44
Book value per share
$26.78
Revenue per share
$11.65
TBVPS
$256.94
Total assets
$4.23B
Total liabilities
$3.79B
Debt
$110.35M
Equity
$438.95M
Working capital
N/A
Debt to equity
0.25
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-3.56
Margins
Efficiency
Dividend
EBITDA margin
36.6%
Gross margin
100%
Net margin
26%
Operating margin
33.2%
Return on assets
1.2%
Return on equity
11.6%
Return on invested capital
1.6%
Return on capital employed
N/A
Return on sales
33.2%
Dividend yield
1.77%
DPS
$0.58
Payout ratio
19.1%
SPFI stock price
How has the South Plains Financial stock price performed over time
Intraday
0.31%
1 week
-3.34%
1 month
-8.22%
1 year
26.82%
YTD
-5.84%
QTD
-5.84%
Financial performance
How have South Plains Financial's revenue and profit performed over time
Revenue
$190.87M
Gross profit
$190.87M
Operating income
$63.29M
Net income
$49.72M
Gross margin
100%
Net margin
26%
SPFI's operating income is down by 24% year-on-year but it is up by 14% since the previous quarter
The net income has declined by 21% year-on-year but it is up by 14% since the previous quarter
SPFI's operating margin is down by 14% YoY but it is up by 10% QoQ
SPFI's revenue is down by 11% YoY but it is up by 3.8% QoQ
Growth
What is South Plains Financial's growth rate over time
Valuation
What is South Plains Financial stock price valuation
P/E
10.8
P/B
1.22
P/S
2.81
EV/EBIT
4.59
EV/EBITDA
4.16
EV/Sales
1.52
The stock's price to earnings (P/E) is 35% more than its 5-year quarterly average of 8.0 and 6% more than its last 4 quarters average of 10.2
The EPS has contracted by 19% YoY but it has grown by 14% from the previous quarter
The stock's price to book (P/B) is 11% more than its 5-year quarterly average of 1.1
SPFI's equity is up by 8% year-on-year
The stock's price to sales (P/S) is 40% more than its 5-year quarterly average of 2.0 and 8% more than its last 4 quarters average of 2.6
SPFI's revenue is down by 11% YoY but it is up by 3.8% QoQ
Efficiency
How efficient is South Plains Financial business performance
The ROE has contracted by 29% YoY but it has grown by 12% from the previous quarter
The return on invested capital has declined by 20% year-on-year but it is up by 14% since the previous quarter
SPFI's return on assets is up by 20% since the previous quarter but it is down by 20% year-on-year
The ROS has contracted by 10% YoY but it has grown by 10% from the previous quarter
Dividends
What is SPFI's dividend history
DPS
$0.58
Dividend yield
1.77%
Payout ratio
19.1%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did South Plains Financial financials performed over time
The total assets is 12% greater than the total liabilities
SPFI's total liabilities is down by 2.6% QoQ
The total assets is down by 2.4% since the previous quarter
SPFI's debt is 75% lower than its equity
SPFI's equity is up by 8% year-on-year
The debt to equity has declined by 7% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.