South Plains Financial Stock Today

SPFI Stock  USD 38.85  0.17  0.44%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 6

 
High
 
Low
Low
South Plains is trading at 38.85 as of the 28th of November 2024. This is a 0.44 percent increase since the beginning of the trading day. The stock's open price was 38.68. South Plains has only a 6 % chance of going through financial distress over the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for South Plains Financial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of June 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Banks
IPO Date
9th of May 2019
Category
Financial Services
Classification
Financials
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. South Plains Financial, Inc. was founded in 1941 and is headquartered in Lubbock, Texas. The company has 16.39 M outstanding shares of which 49 K shares are at this time shorted by private and institutional investors with about 1.24 trading days to cover. More on South Plains Financial

Moving together with South Stock

  0.98AX Axos FinancialPairCorr
  0.98BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.97PB Prosperity Bancshares Fiscal Year End 22nd of January 2025 PairCorr

Moving against South Stock

  0.63CFG-PE Citizens FinancialPairCorr
  0.58TFC-PO Truist FinancialPairCorr
  0.57TFC-PR Truist FinancialPairCorr
  0.33WF Woori Financial GroupPairCorr

South Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President BankKelly Deterding
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NASDAQ Composite, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00980.0149
Way Down
Slightly volatile
Asset Turnover0.04310.0502
Fairly Down
Very volatile
Total Current Liabilities48.7 M51.3 M
Notably Down
Slightly volatile
Non Current Liabilities TotalB3.7 B
Way Down
Pretty Stable
Total Assets3.8 B4.2 B
Moderately Down
Slightly volatile
Total Current Assets967.4 M706.5 M
Significantly Up
Slightly volatile
Total Cash From Operating Activities59.2 M58.5 M
Fairly Up
Slightly volatile
Debt Levels
South Plains can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand South Plains' financial leverage. It provides some insight into what part of South Plains' total assets is financed by creditors.
Liquidity
South Plains Financial currently holds 110.17 M in liabilities. Note, when we think about South Plains' use of debt, we should always consider it together with its cash and equity.

Net Borrowings

(86.83 Million)
South Plains Financial (SPFI) is traded on NASDAQ Exchange in USA. It is located in 5219 City Bank Parkway, Lubbock, TX, United States, 79407 and employs 547 people. South Plains is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 636.74 M. South Plains Financial conducts business under Banks sector and is part of Financials industry. The entity has 16.39 M outstanding shares of which 49 K shares are at this time shorted by private and institutional investors with about 1.24 trading days to cover. South Plains Financial currently holds about 329.96 M in cash with 58.54 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 19.34.
Check South Plains Probability Of Bankruptcy
Ownership Allocation
South Plains Financial shows a total of 16.39 Million outstanding shares. South Plains Financial maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check South Ownership Details

South Stock Institutional Holders

InstituionRecorded OnShares
Empowered Funds, Llc2024-06-30
97.4 K
Hotchkis & Wiley Capital Management Llc2024-09-30
85 K
John W. Rosenthal Capital Management, Inc.2024-06-30
82.7 K
Venturi Wealth Management, Llc2024-09-30
78.5 K
Morgan Stanley - Brokerage Accounts2024-06-30
65.4 K
Bank Of New York Mellon Corp2024-06-30
63.5 K
Citigroup Inc2024-09-30
62.5 K
Jpmorgan Chase & Co2024-06-30
58.6 K
Jacobs Levy Equity Management, Inc.2024-09-30
47.7 K
Blackrock Inc2024-06-30
1.2 M
Vanguard Group Inc2024-09-30
672.5 K
View South Plains Diagnostics

South Plains Historical Income Statement

As of now, South Plains' Total Operating Expenses is increasing as compared to previous years. The South Plains' current Total Other Income Expense Net is estimated to increase to about 83.4 M, while Tax Provision is projected to decrease to under 9.7 M. View More Fundamentals

South Stock Against Markets

South Plains Corporate Executives

Elected by the shareholders, the South Plains' board of directors comprises two types of representatives: South Plains inside directors who are chosen from within the company, and outside directors, selected externally and held independent of South. The board's role is to monitor South Plains' management team and ensure that shareholders' interests are well served. South Plains' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, South Plains' outside directors are responsible for providing unbiased perspectives on the board's policies.
Steven CPACFO TreasurerProfile
When determining whether South Plains Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of South Plains' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of South Plains Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on South Plains Financial Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in South Plains Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of South Plains. If investors know South will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about South Plains listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
0.54
Earnings Share
2.57
Revenue Per Share
11.2
Quarterly Revenue Growth
(0.03)
The market value of South Plains Financial is measured differently than its book value, which is the value of South that is recorded on the company's balance sheet. Investors also form their own opinion of South Plains' value that differs from its market value or its book value, called intrinsic value, which is South Plains' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because South Plains' market value can be influenced by many factors that don't directly affect South Plains' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between South Plains' value and its price as these two are different measures arrived at by different means. Investors typically determine if South Plains is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, South Plains' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.