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SPFI Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
40.450
Open
40.450
VWAP
39.82
Vol
74.92K
Mkt Cap
777.89M
Low
39.470
Amount
2.98M
EV/EBITDA(TTM)
10.29
Total Shares
19.15M
EV
792.50M
EV/OCF(TTM)
2.62
P/S(TTM)
3.36
South Plains Financial, Inc. is the bank holding company for City Bank (the Bank). The Bank is an independent bank in West Texas and has additional banking operations in the Dallas, El Paso, Greater Houston, the Permian Basin, and College Station, Texas markets, and the Ruidoso, New Mexico market. It provides a range of commercial and consumer financial services to small and medium-sized businesses and individuals in its market areas. Its principal business activities include commercial and retail banking, along with investment, trust and mortgage services. The Bank is primarily involved in real estate, commercial, agricultural and consumer lending activities with customers throughout Texas and Eastern New Mexico. It offers a variety of deposit products, including demand deposit accounts, interest-bearing products, savings accounts and certificates of deposits. It offers a range of traditional trust products and services along with several retirement services and products.
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Events Timeline

(ET)
2026-04-28
16:40:00
South Plains Reports Q1 Tangible Book Value of $29.65
select
2026-03-23 (ET)
2026-03-23
16:20:00
South Plains Financial and BOH Holdings Merger Approved by Shareholders
select
2026-02-23 (ET)
2026-02-23
07:40:00
South Plains Financial Approves $10M Stock Repurchase Program
select
2026-01-26 (ET)
2026-01-26
16:40:00
RBB Bancorp Reports Q4 Tangible Book Value of $29.05
select
2026-01-22 (ET)
2026-01-22
16:30:00
South Plains Financial Declares Quarterly Cash Dividend of 17 Cents per Share
select

News

NASDAQ.COM
2.0
04-29NASDAQ.COM
South Plains (SPFI) Q1 2026 Earnings Transcript
seekingalpha
9.5
04-29seekingalpha
South Plains Financial Q1 2026 Earnings Highlights
  • Merger Completion and Earnings Outlook: South Plains Financial successfully completed its merger with Bank of Houston on April 1, expecting an 11% accretion to earnings in 2027 with a tangible book value earn-back of under three years, demonstrating the company's strategic execution in M&A integration.
  • Loan and Deposit Dynamics: Although loans held for investment decreased by $41 million to $3.1 billion, the company experienced strong growth in unfunded loan commitments, with full-year loan growth guidance positioned towards the lower end of the mid-to-high single-digit range, reflecting changing market demand and a cautious growth strategy.
  • Financial Performance and Cost Control: The first quarter net interest income was $43 million with a net interest margin of 4.04%, while deposits increased by $154 million or 4% from the linked quarter, and costs decreased by 4 basis points to 1.97%, showcasing effective measures in cost control and revenue enhancement.
  • Macro Economic Challenges and Outlook: Management noted that inflationary pressures may limit the Federal Reserve's ability to further reduce interest rates, with loan growth facing headwinds from large payoffs, and seasonal pressures expected on deposit flows in the second quarter, emphasizing the importance of maintaining profitability in an uncertain economic environment.
NASDAQ.COM
9.5
04-29NASDAQ.COM
South Plains Financial Reports Q1 2026 Earnings
  • Revenue Growth: South Plains Financial reported $54.15 million in revenue for Q1 2026, marking a 10.2% year-over-year increase, although it fell short of the market expectation of $54.29 million, indicating challenges in revenue growth.
  • Earnings Per Share: The company posted an EPS of $0.85, up from $0.72 a year ago, yet it was below the consensus estimate of $0.88, reflecting volatility in profitability.
  • Market Reaction: Despite the growth in revenue and EPS, the failure to meet analyst expectations may undermine investor confidence in the company's future performance, potentially affecting stock price movements.
  • Key Metrics Analysis: Analysts emphasize that while headline numbers are important, a deeper analysis of key financial metrics provides better insights into predicting stock price performance, urging investors to focus on these long-term trends.
seekingalpha
9.5
04-28seekingalpha
South Plains Financial Q1 Earnings Beat Expectations
  • Earnings Beat: South Plains Financial reported a Q1 GAAP EPS of $0.85, exceeding expectations by $0.04, which reflects the company's robust profitability and boosts investor confidence.
  • Revenue Growth: The Q1 revenue of $54.15 million, up 10.2% year-over-year, fell short of expectations by $0.2 million, indicating challenges from increased market competition and economic conditions that may affect future growth strategies.
  • Stock Repurchase Program: The company has approved a $10 million stock repurchase program aimed at enhancing EPS by reducing the number of shares outstanding, signaling management's confidence in the company's future prospects.
  • Market Reaction: While revenue missed expectations, the earnings beat may have a positive short-term impact on stock prices, prompting investors to monitor subsequent market performance and potential strategic adjustments by the company.
Newsfilter
9.5
04-14Newsfilter
South Plains Financial to Release Q1 2026 Financial Results
  • Earnings Release Schedule: South Plains Financial is set to release its Q1 2026 financial results after market close on April 28, 2026, which is expected to provide investors with crucial financial data and business performance insights, aiding market assessments of the company's operational status.
  • Conference Call Details: The company will host a conference call at 5:00 PM ET on the same day, allowing investors and analysts to dial in 10 minutes prior to engage directly with management, thereby enhancing investor relations and communication.
  • Live Webcast Availability: The conference call will be available via a live audio webcast on the company's website, enabling real-time access to earnings discussions, which increases transparency and attracts more investor interest, further solidifying the company's market position.
  • Replay Service: A replay of the call will be accessible within two hours post-conclusion, allowing investors who missed the live event to obtain key information through phone or website access, thereby enhancing information accessibility and convenience.
Newsfilter
8.5
04-01Newsfilter
South Plains Financial Completes Merger with BOH Holdings
  • Merger Completion: South Plains Financial completed its merger with BOH Holdings on April 1, 2026, with South Plains continuing as the surviving entity, marking a significant step in its expansion strategy in the Texas market.
  • Asset Growth: As of December 31, 2025, BOH had total assets of $744 million, total loans of $624 million, and total deposits of $603 million, which will significantly enhance South Plains Financial's asset base and competitive position in the market.
  • Advisory Support: South Plains Financial was advised by Raymond James & Associates for financial matters and Hunton Andrews Kurth LLP for legal aspects, ensuring the fairness and compliance of the merger process, thereby boosting investor confidence.
  • Market Impact: This merger not only increases South Plains Financial's market share in Texas but also enhances its capabilities in commercial and retail banking, thereby improving its service offerings to small and medium-sized businesses.
Wall Street analysts forecast SPFI stock price to rise
3 Analyst Rating
Wall Street analysts forecast SPFI stock price to rise
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
41.00
Averages
43.67
High
46.00
Current: 0.000
sliders
Low
41.00
Averages
43.67
High
46.00
Piper Sandler
Overweight
maintain
$48 -> $46
AI Analysis
2026-04-30
Reason
Piper Sandler
Price Target
$48 -> $46
AI Analysis
2026-04-30
maintain
Overweight
Reason
Piper Sandler lowered the firm's price target on South Plains Financial to $46 from $48 and keeps an Overweight rating on the shares. The firm notes core EPS of 91c beat consensus and was in-line with Piper's estimates. Though the lower LLP added 5c, the firm saw the quarter's results as solid overall. The biggest headwind to forward earnings came from the 5.2% decline in loans. However, impressive 15.8% EOP deposit growth impressed to the upside and should aid the average balance sheet further in Q2, adds Piper.
Piper Sandler
Stephen Scouten
Neutral -> Overweight
upgrade
$45 -> $48
2026-03-02
Reason
Piper Sandler
Stephen Scouten
Price Target
$45 -> $48
2026-03-02
upgrade
Neutral -> Overweight
Reason
Piper Sandler analyst Stephen Scouten upgraded South Plains Financial to Overweight from Neutral with a price target of $48, up from $45.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for SPFI
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Valuation Metrics

The current forward P/E ratio for South Plains Financial Inc (SPFI.O) is 0.00, compared to its 5-year average forward P/E of 11.11. For a more detailed relative valuation and DCF analysis to assess South Plains Financial Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
11.11
Current PE
0.00
Overvalued PE
12.33
Undervalued PE
9.89

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.72
Current EV/EBITDA
8.30
Overvalued EV/EBITDA
3.44
Undervalued EV/EBITDA
-1.99

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.43
Current PS
2.91
Overvalued PS
2.73
Undervalued PS
2.13

Financials

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Frequently Asked Questions

What is South Plains Financial Inc (SPFI) stock price today?

The current price of SPFI is 39.53 USD — it has decreased -2.71

What is South Plains Financial Inc (SPFI)'s business?

South Plains Financial, Inc. is the bank holding company for City Bank (the Bank). The Bank is an independent bank in West Texas and has additional banking operations in the Dallas, El Paso, Greater Houston, the Permian Basin, and College Station, Texas markets, and the Ruidoso, New Mexico market. It provides a range of commercial and consumer financial services to small and medium-sized businesses and individuals in its market areas. Its principal business activities include commercial and retail banking, along with investment, trust and mortgage services. The Bank is primarily involved in real estate, commercial, agricultural and consumer lending activities with customers throughout Texas and Eastern New Mexico. It offers a variety of deposit products, including demand deposit accounts, interest-bearing products, savings accounts and certificates of deposits. It offers a range of traditional trust products and services along with several retirement services and products.

What is the price predicton of SPFI Stock?

Wall Street analysts forecast SPFI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPFI is43.67 USD with a low forecast of 41.00 USD and a high forecast of 46.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is South Plains Financial Inc (SPFI)'s revenue for the last quarter?

South Plains Financial Inc revenue for the last quarter amounts to 51.98M USD, increased 13.77

What is South Plains Financial Inc (SPFI)'s earnings per share (EPS) for the last quarter?

South Plains Financial Inc. EPS for the last quarter amounts to 0.85 USD, increased 18.06

How many employees does South Plains Financial Inc (SPFI). have?

South Plains Financial Inc (SPFI) has 545 emplpoyees as of May 11 2026.

What is South Plains Financial Inc (SPFI) market cap?

Today SPFI has the market capitalization of 777.89M USD.