South Plains Financial, Inc. (SPFI)

NASDAQ: SPFI · Real-Time Price · USD
35.00
+0.33 (0.95%)
Jan 17, 2025, 4:00 PM EST - Market closed
0.95%
Market Cap 573.64M
Revenue (ttm) 183.91M
Net Income (ttm) 43.54M
Shares Out 16.39M
EPS (ttm) 2.56
PE Ratio 13.66
Forward PE 13.10
Dividend $0.60 (1.71%)
Ex-Dividend Date Oct 28, 2024
Volume 25,710
Open 34.86
Previous Close 34.67
Day's Range 34.58 - 35.30
52-Week Range 24.05 - 40.91
Beta 0.62
Analysts Buy
Price Target 33.50 (-4.29%)
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... [Read more]

Sector Financials
IPO Date May 9, 2019
Employees 618
Stock Exchange NASDAQ
Ticker Symbol SPFI
Full Company Profile

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%.

Financial Statements

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 -4.29% from the latest price.

Price Target
$33.5
(-4.29% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

6 days ago - GlobeNewsWire

6 Upcoming Dividend Increases

My investment strategy focuses on buying, holding, and adding to companies that consistently increase dividends and outperform benchmarks. I merge data from the "U.S. Dividend Champions" spreadsheet a...

Other symbols: AOSHBCPSCHDTHOTXNVRTS
3 months ago - Seeking Alpha

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...

3 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...

3 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...

3 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 ...

3 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...

6 months ago - Seeking Alpha

South Plains Financial, Inc. Declares Quarterly Cash Dividend

LUBBOCK, Texas, July 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 declared...

6 months ago - GlobeNewsWire

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...

6 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...

6 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...

9 months 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...

9 months 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...

9 months 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...

10 months 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...

11 months ago - GlobeNewsWire

South Plains Financial, Inc. Announces Stock Repurchase Program

LUBBOCK, Texas, Feb. 26, 2024 (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”)...

11 months 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

South Plains Financial, Inc. Reports Third Quarter 2023 Financial Results

LUBBOCK, Texas, Oct. 24, 2023 (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 Third Quarter 2023 Earnings Call

LUBBOCK, Texas, Oct. 18, 2023 (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 ...

1 year ago - GlobeNewsWire

South Plains Financial, Inc. (SPFI) Q2 2023 Earnings Call Transcript

South Plains Financial, Inc. (NASDAQ:SPFI) Q2 2023 Earnings Conference Call July 25, 2023 5:00 PM ET Company Participants Steve Crockett - Chief Financial Officer and Treasurer Curtis Griffith - Chai...

1 year ago - Seeking Alpha

South Plains Financial, Inc. Reports Second Quarter 2023 Financial Results

LUBBOCK, Texas, July 25, 2023 (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 Second Quarter 2023 Earnings Call

LUBBOCK, Texas, July 11, 2023 (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...

1 year ago - GlobeNewsWire