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... [Read more]
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%.
Financial StatementsAnalyst 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.
News

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...

South Plains Financial, Inc. Declares Quarterly Cash Dividend
LUBBOCK, Texas, Oct. 19, 2023 (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...

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 ...

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...

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...

South Plains Financial, Inc. Announces Stock Repurchase Program
LUBBOCK, Texas, May 05, 2023 (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”) ...

South Plains Financial, Inc. Reports First Quarter 2023 Financial Results
LUBBOCK, Texas, April 27, 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 repo...

South Plains Financial, Inc. Announces First Quarter 2023 Earnings Call
LUBBOCK, Texas, April 13, 2023 (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...

South Plains Financial, Inc. Announces the Sale of Windmark Insurance Agency, Inc. to Alliant Insurance Services, Inc.
LUBBOCK, Texas, April 04, 2023 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that it has sold City ...

South Plains Financial, Inc. Reports Fourth Quarter and Year-End 2022 Financial Results
LUBBOCK, Texas, Jan. 26, 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...

South Plains Financial, Inc. Announces 8% Increase to Quarterly Cash Dividend
LUBBOCK, Texas, Jan. 19, 2023 (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...

South Plains Financial, Inc. Announces Fourth Quarter and Full Year 2022 Earnings Call
LUBBOCK, Texas, Jan. 12, 2023 (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...

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 Comp...

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 repor...

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 ...

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 repor...

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...

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...

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”) ...

South Plains Financial, Inc. Reports First Quarter 2022 Financial Results
LUBBOCK, Texas, April 26, 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 repo...

South Plains Financial, Inc. Announces First Quarter 2022 Earnings Call
LUBBOCK, Texas, April 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 first quarter...

South Plains Financial, Inc. Reports Fourth Quarter and Year-End 2021 Financial Results
LUBBOCK, Texas, Jan. 27, 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 repor...

South Plains Financial, Inc. Announces $0.02 Increase to Quarterly Cash Dividend
LUBBOCK, Texas, Jan. 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...

South Plains Financial, Inc. Announces Fourth Quarter and Full Year 2021 Earnings Call
LUBBOCK, Texas, Jan. 13, 2022 (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...

South Plains Financial, Inc. Announces Approval of Stock Repurchase Program
LUBBOCK, Texas, Nov. 01, 2021 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), today announced that the board of directors of the Company approved a ne...