South Plains Financial, Inc. (SPFI)

Market Cap	435.13M
Revenue (ttm)	219.41M
Net Income (ttm)	65.04M
Shares Out	16.48M
EPS (ttm)	3.73
PE Ratio	6.95
Forward PE	10.61
Dividend	$0.52 (2.00%)
Ex-Dividend Date	Oct 27, 2023

Volume	472
Open	26.15
Previous Close	25.92
Day's Range	26.00 - 26.38
52-Week Range	18.75 - 31.18
Beta	0.60
Analysts	Buy
Price Target	27.75 (+6.73%)
Earnings Date	Oct 24, 2023

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: 600
• Stock Exchange: NASDAQ
• Ticker Symbol: SPFI

Financial Performance

In 2022, SPFI's revenue was $217.24 million, a decrease of -1.77% compared to the previous year's $221.15 million. Earnings were $58.24 million, a decrease of -0.64%.

Analyst Forecast

According to 4 analysts, the average rating for SPFI stock is "Buy." The 12-month stock price forecast is $27.75, which is an increase of 6.73% from the latest price.

Price Target

$27.75

(6.73% upside)

Analyst Consensus: Buy