South Plains Financial, Inc. (SPFI)

Market Cap	587.24M
Revenue (ttm)	183.91M
Net Income (ttm)	43.54M
Shares Out	16.39M
EPS (ttm)	2.56
PE Ratio	13.98
Forward PE	13.41
Dividend	$0.60 (1.68%)
Ex-Dividend Date	Oct 28, 2024

Volume	99,184
Open	34.73
Previous Close	35.25
Day's Range	31.26 - 36.62
52-Week Range	24.05 - 40.91
Beta	0.59
Analysts	Buy
Price Target	33.50 (-6.5%)
Earnings Date	Jan 24, 2025

About SPFI

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, f...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: May 9, 2019
• Employees: 618
• Stock Exchange: NASDAQ
• Ticker Symbol: SPFI
• Website: https://www.spfi.bank

Financial Performance

In 2023, South Plains Financial's revenue was $210.95 million, a decrease of -2.89% compared to the previous year's $217.24 million. Earnings were $62.75 million, an increase of 7.74%.

Analyst Forecast

According to 2 analysts, the average rating for SPFI stock is "Buy." The 12-month stock price forecast is $33.5, which is a decrease of -6.50% from the latest price.

Price Target

$33.5

(-6.50% downside)

Analyst Consensus: Buy