South Plains Financial, Inc. (SPFI)

Market Cap	439.25M
Revenue (ttm)	214.36M
Net Income (ttm)	62.75M
Shares Out	16.43M
EPS (ttm)	3.62
PE Ratio	7.38
Forward PE	10.84
Dividend	$0.56 (2.10%)
Ex-Dividend Date	Apr 26, 2024

Volume	22,533
Open	26.15
Previous Close	26.40
Day's Range	26.02 - 26.86
52-Week Range	18.75 - 30.22
Beta	0.55
Analysts	Buy
Price Target	29.33 (+9.73%)
Earnings Date	Apr 25, 2024

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: 547
• Stock Exchange: NASDAQ
• Ticker Symbol: SPFI

Financial Performance

In 2023, SPFI's revenue was $214.36 million, a decrease of -1.32% compared to the previous year's $217.24 million. Earnings were $62.75 million, an increase of 7.74%.

Analyst Forecast

According to 3 analysts, the average rating for SPFI stock is "Buy." The 12-month stock price forecast is $29.33, which is an increase of 9.73% from the latest price.

Price Target

$29.33

(9.73% upside)

Analyst Consensus: Buy