South Plains Financial, Inc. (SPFI)

NASDAQ: SPFI · IEX Real-Time Price · USD
31.07
+0.18 (0.58%)
Dec 2, 2022 4:30 PM EST - Market closed
0.58%
Market Cap 525.12M
Revenue (ttm) 222.87M
Net Income (ttm) 60.23M
Shares Out 17.37M
EPS (ttm) 3.33
PE Ratio 9.33
Forward PE n/a
Dividend $0.46 (1.48%)
Ex-Dividend Date Oct 28, 2022
Volume 31,812
Open 30.67
Previous Close 30.89
Day's Range 30.39 - 31.18
52-Week Range 22.47 - 31.96
Beta 0.61
Analysts Buy
Price Target 32.13 (+3.4%)
Earnings Date Oct 21, 2022

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]

Industry Banks
IPO Date May 9, 2019
Employees 609
Stock Exchange NASDAQ
Ticker Symbol SPFI
Full Company Profile

Financial Performance

In 2021, SPFI's revenue was $221.15 million, an increase of 11.51% compared to the previous year's $198.32 million. Earnings were $58.61 million, an increase of 29.24%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for SPFI stock is "Buy." The 12-month stock price forecast is 32.13, which is an increase of 3.41% from the latest price.

Price Target
$32.13
(3.41% upside)
Analyst Consensus: Buy
Stock Forecasts

News

South Plains Financial (SPFI) Is a Great Choice for 'Trend' Investors, Here's Why

South Plains Financial (SPFI) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it...

3 days ago - Zacks Investment Research

South Plains Financial, Inc. Publishes Second Annual ESG Highlights Report

LUBBOCK, Texas, Nov. 21, 2022 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced the release of the Compan...

1 week ago - GlobeNewsWire

Here's Why Momentum in South Plains Financial (SPFI) Should Keep going

South Plains Financial (SPFI) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed t...

3 weeks ago - Zacks Investment Research

South Plains Financial (SPFI) Is a Great Choice for "Trend" Investors, Here's Why

South Plains Financial (SPFI) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it...

1 month ago - Zacks Investment Research

South Plains Financial (SPFI) Tops Q3 Earnings and Revenue Estimates

South Plains Financial (SPFI) delivered earnings and revenue surprises of 22.86% and 8.39%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

South Plains Financial, Inc. Reports Third Quarter 2022 Financial Results

LUBBOCK, Texas, Oct. 21, 2022 (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 reporte...

1 month ago - GlobeNewsWire

South Plains Financial, Inc. Declares Quarterly Cash Dividend

LUBBOCK, Texas, Oct. 20, 2022 (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 a...

1 month ago - GlobeNewsWire

South Plains Financial, Inc. Announces Third Quarter 2022 Earnings Call

LUBBOCK, Texas, Oct. 11, 2022 (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 20...

1 month ago - GlobeNewsWire

Is South Plains Financial (SPFI) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 month ago - Zacks Investment Research

New Strong Buy Stocks for August 30th

FBIZ, DINO, BFIN, SPFI and BUSE have been added to the Zacks Rank #1 (Strong Buy) List on August 30, 2022.

Other symbols: BFINBUSEDINOFBIZ
3 months ago - Zacks Investment Research

Best Value Stocks to Buy for August 30th

PCB, WCC and SPFI made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 30, 2022.

Other symbols: PCBWCC
3 months ago - Zacks Investment Research

Should Value Investors Buy South Plains Financial (SPFI) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

3 months ago - Zacks Investment Research

South Plains Financial (SPFI) Recently Broke Out Above the 20-Day Moving Average

When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react?

3 months ago - Zacks Investment Research

Will South Plains Financial (SPFI) Gain on Rising Earnings Estimates?

South Plains Financial (SPFI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

3 months ago - Zacks Investment Research

Are Investors Undervaluing South Plains Financial (SPFI) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

3 months ago - Zacks Investment Research

New Strong Buy Stocks for July 28th

SPFI, PUMP, DLNG, IBA, and SKY have been added to the Zacks Rank #1 (Strong Buy) List on July 28, 2022.

Other symbols: DLNGIBAPUMPSKY
4 months ago - Zacks Investment Research

Is South Plains Financial (SPFI) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

4 months ago - Zacks Investment Research

South Plains Financial (SPFI) Q2 Earnings and Revenues Top Estimates

South Plains Financial (SPFI) delivered earnings and revenue surprises of 76% and 15.34%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

South Plains Financial, Inc. Reports Second Quarter 2022 Financial Results

LUBBOCK, Texas, July 22, 2022 (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 reporte...

4 months ago - GlobeNewsWire

South Plains Financial, Inc. Announces 9% Increase to Quarterly Cash Dividend

LUBBOCK, Texas, July 21, 2022 (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 a...

4 months ago - GlobeNewsWire

Analysts Estimate South Plains Financial (SPFI) to Report a Decline in Earnings: What to Look Out for

South Plains Financial (SPFI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

South Plains Financial, Inc. Announces Second Quarter 2022 Earnings Call

LUBBOCK, Texas, July 12, 2022 (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 2...

4 months ago - GlobeNewsWire

Strength Seen in South Plains Financial (SPFI): Can Its 6.1% Jump Turn into More Strength?

South Plains Financial (SPFI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength...

5 months ago - Zacks Investment Research

South Plains Financial (SPFI) Announces $15M Share Buyback Plan

South Plains Financial's (SPFI) board of directors approves a buyback plan to repurchase shares worth up to $15 million.

6 months ago - Zacks Investment Research

South Plains Financial, Inc. Announces Approval of a New Stock Repurchase Program

LUBBOCK, Texas, May 19, 2022 (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”) ap...

6 months ago - GlobeNewsWire