South Plains Financial, Inc. (SPFI)

NASDAQ: SPFI · Real-Time Price · USD
34.58
+0.72 (2.13%)
At close: May 8, 2025, 4:00 PM
34.58
0.00 (0.00%)
After-hours: May 8, 2025, 4:00 PM EDT
2.13%
Market Cap 561.15M
Revenue (ttm) 193.66M
Net Income (ttm) 51.14M
Shares Out 16.23M
EPS (ttm) 3.00
PE Ratio 11.53
Forward PE 10.92
Dividend $0.60 (1.74%)
Ex-Dividend Date Apr 28, 2025
Volume 23,109
Open 33.91
Previous Close 33.86
Day's Range 33.91 - 34.90
52-Week Range 25.13 - 40.91
Beta 0.70
Analysts Buy
Price Target 39.67 (+14.72%)
Earnings Date Apr 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. It offers deposit products, including demand deposit accounts, interest-bearing products, savings accounts, and certificate of deposits. The company also provides traditional trust products and services; debit and credit cards; retirement services and products, including real estate administration, family trust administration, revocable and irrevocable trusts... [Read more]

Sector Financials
IPO Date May 9, 2019
Employees 600
Stock Exchange NASDAQ
Ticker Symbol SPFI
Full Company Profile

Financial Performance

In 2024, South Plains Financial's revenue was $190.87 million, a decrease of -9.52% compared to the previous year's $210.95 million. Earnings were $49.72 million, a decrease of -20.76%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for SPFI stock is "Buy." The 12-month stock price forecast is $39.67, which is an increase of 14.72% from the latest price.

Price Target
$39.67
(14.72% upside)
Analyst Consensus: Buy
Stock Forecasts

News

South Plains Financial, Inc. (SPFI) Q1 2025 Earnings Call Transcript

South Plains Financial, Inc. (NASDAQ:SPFI) Q1 2025 Earnings Conference Call April 24, 2025 5:00 PM ET Company Participants Steve Crockett – Chief Financial Officer and Treasurer Curtis Griffith – Cha...

14 days ago - Seeking Alpha

South Plains Financial, Inc. Reports First Quarter 2025 Financial Results

LUBBOCK, Texas, April 24, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today repo...

14 days ago - GlobeNewsWire

South Plains Financial: Rapidly Increasing Its Tangible Book Value

South Plains Financial reported a net profit of $49.7M in 2024, driven by an $8.3M increase in net interest income. The bank maintains a very liquid balance sheet with nearly $950M in cash and securit...

16 days ago - Seeking Alpha

South Plains Financial, Inc. Declares Quarterly Cash Dividend

LUBBOCK, Texas, April 17, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains”), the parent company of City Bank, today announced that its Board of Directors has declare...

21 days ago - GlobeNewsWire

South Plains Financial, Inc. Publishes 2024 Community Impact Report

LUBBOCK, Texas, March 17, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (the “Bank”), today announced the relea...

7 weeks ago - GlobeNewsWire

South Plains Financial, Inc. Announces Stock Repurchase Program

LUBBOCK, Texas, Feb. 25, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), today announced that the board of directors of the Company (the “Board”)...

2 months ago - GlobeNewsWire

South Plains Financial, Inc. (SPFI) Q4 2024 Earnings Call Transcript

South Plains Financial, Inc. (NASDAQ:SPFI) Q4 2024 Earnings Conference Call January 24, 2025 10:00 AM ET Company Participants Steve Crockett - CFO and Treasurer Curtis Griffith - Chairman and CEO Cor...

3 months ago - Seeking Alpha

South Plains Financial, Inc. Reports Fourth Quarter and Year-End 2024 Financial Results

LUBBOCK, Texas, Jan. 24, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today repor...

3 months ago - GlobeNewsWire

South Plains Financial, Inc. Announces Fourth Quarter and Full Year 2024 Earnings Call

LUBBOCK, Texas, Jan. 13, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its fourth quarter...

4 months ago - GlobeNewsWire

South Plains Financial, Inc. (SPFI) Q3 2024 Earnings Call Transcript

South Plains Financial, Inc. (NASDAQ:SPFI) Q3 2024 Earnings Conference Call October 23, 2024 5:00 PM ET Company Participants Steve Crockett – Chief Financial Officer and Treasurer Curtis Griffith – C...

7 months ago - Seeking Alpha

South Plains Financial, Inc. Reports Third Quarter 2024 Financial Results

LUBBOCK, Texas, Oct. 23, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today repor...

7 months ago - GlobeNewsWire

South Plains Financial, Inc. Announces 7% Increase to Quarterly Cash Dividend

LUBBOCK, Texas, Oct. 17, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains”), the parent company of City Bank, today announced that its Board of Directors has declared...

7 months ago - GlobeNewsWire

South Plains Financial, Inc. Announces Third Quarter 2024 Earnings Call

LUBBOCK, Texas, Oct. 09, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its third quarter ...

7 months ago - GlobeNewsWire

South Plains Financial, Inc. (SPFI) Q2 2024 Earnings Call Transcript

South Plains Financial, Inc. (NASDAQ:SPFI) Q2 2024 Results Conference Call July 18, 2024 5:00 PM ET Company Participants Steve Crockett - Chief Financial Officer and Treasurer Curtis Griffith - Chair...

10 months ago - Seeking Alpha

South Plains Financial, Inc. Reports Second Quarter 2024 Financial Results

LUBBOCK, Texas, July 18, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today repor...

10 months ago - GlobeNewsWire

South Plains Financial, Inc. Announces Second Quarter 2024 Earnings Call

LUBBOCK, Texas, July 09, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its second quarter...

10 months ago - GlobeNewsWire

South Plains Financial, Inc. (SPFI) Q1 2024 Earnings Call Transcript

South Plains Financial, Inc. (NASDAQ:SPFI) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Steve Crockett - CFO & Treasurer Curtis Griffith - Chairman & CEO Cory Newso...

1 year ago - Seeking Alpha

South Plains Financial, Inc. Reports First Quarter 2024 Financial Results

LUBBOCK, Texas, April 25, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today repo...

1 year ago - GlobeNewsWire

South Plains Financial, Inc. Announces 8% Increase to Quarterly Cash Dividend

LUBBOCK, Texas, April 18, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains”), the parent company of City Bank, today announced that its Board of Directors has declare...

1 year ago - GlobeNewsWire

South Plains Financial, Inc. Announces First Quarter 2024 Earnings Call

LUBBOCK, Texas, April 11, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its first quarter...

1 year ago - GlobeNewsWire

South Plains Financial, Inc. Publishes 2023 Community Impact Report

LUBBOCK, Texas, March 13, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (the “Bank”), today announced the relea...

1 year ago - GlobeNewsWire

South Plains Financial, Inc. (SPFI) Q4 2023 Earnings Call Transcript

South Plains Financial, Inc. (SPFI) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

South Plains Financial, Inc. Reports Fourth Quarter and Year-End 2023 Financial Results

LUBBOCK, Texas, Jan. 26, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today repor...

1 year ago - GlobeNewsWire

South Plains Financial, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Call

LUBBOCK, Texas, Jan. 16, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its fourth quarter...

1 year ago - GlobeNewsWire

South Plains Financial, Inc. (SPFI) Q3 2023 Earnings Call Transcript

South Plains Financial, Inc. (NASDAQ:SPFI) Q3 2023 Earnings Conference Call October 24, 2023 5:00 PM ET Company Participants Steve Crockett - Chief Financial Officer and Treasurer Curtis Griffith - C...

1 year ago - Seeking Alpha