South Plains Financial, Inc. (SPFI)

Market Cap	556.21M
Revenue (ttm)	190.87M
Net Income (ttm)	49.72M
Shares Out	16.46M
EPS (ttm)	2.92
PE Ratio	11.58
Forward PE	11.66
Dividend	$0.60 (1.78%)
Ex-Dividend Date	Feb 3, 2025

Volume	16,609
Open	35.17
Previous Close	34.72
Day's Range	33.80 - 35.17
52-Week Range	24.05 - 40.91
Beta	0.62
Analysts	Buy
Price Target	40.50 (+19.82%)
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 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%.

Analyst Forecast

According to 2 analysts, the average rating for SPFI stock is "Buy." The 12-month stock price forecast is $40.5, which is an increase of 19.82% from the latest price.

Price Target

$40.5

(19.82% upside)

Analyst Consensus: Buy