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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
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

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High
40.820
Open
40.390
VWAP
40.27
Vol
103.92K
Mkt Cap
660.44M
Low
39.540
Amount
4.18M
EV/EBITDA(TTM)
9.07
Total Shares
16.33M
EV
662.62M
EV/OCF(TTM)
2.00
P/S(TTM)
3.45
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 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. The Bank also provides a range of traditional trust products and services along with several retirement services and products.
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Events Timeline

(ET)
2026-02-23
07:40:00
South Plains Financial Approves $10M Stock Repurchase Program
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2026-01-26 (ET)
2026-01-26
16:40:00
RBB Bancorp Reports Q4 Tangible Book Value of $29.05
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2026-01-22 (ET)
2026-01-22
16:30:00
South Plains Financial Declares Quarterly Cash Dividend of 17 Cents per Share
select
2025-12-01 (ET)
2025-12-01
16:40:00
South Plains Financial to Acquire BOH Holdings for Approximately $105.9M
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News

Newsfilter
8.5
03-09Newsfilter
PinnedSouth Plains Financial Releases 2025 Community Impact Report
  • Loan Support for Small Businesses: In 2025, South Plains Financial provided over $478 million in loans for small businesses, farms, and community development, which not only enhances local economic vitality but also promotes sustainable community growth.
  • Community Rewards Program: The company awards $180,000 annually through its Community Rewards program to nonprofits across the South Plains, Permian Basin, and El Paso regions, further solidifying partnerships with local organizations and enhancing its corporate social responsibility image.
  • Employee Volunteerism: Employees volunteered over 4,119 hours across more than 900 organizations and contributed over $78,000 to United Way charities, showcasing the company's positive culture and strengthening ties between employees and the community.
  • Educational Partnership: The collaboration with EverFi provided 419 hours of learning to over 360 students in Texas and New Mexico, which not only enhances students' financial literacy but also cultivates potential talent for future community development.
seekingalpha
8.0
02-23seekingalpha
South Plains Financial Approves $10M Stock Buyback Program
  • Buyback Program Approval: South Plains Financial has approved a new stock repurchase program authorizing the buyback of up to $10 million of its common shares, which is expected to enhance shareholder value and boost market confidence.
  • Repurchase Timeline: The buyback program will expire on February 23, 2027, unless extended or terminated earlier by the board, ensuring the company can flexibly manage its capital structure over the next three years.
  • Market Expansion Goals: South Plains Financial targets mid- to high single-digit loan growth for 2026, indicating a proactive strategy in expanding its presence in the Houston market to increase market share.
  • M&A Activity: The company plans to acquire BOH Holdings in an all-stock deal valued at $105.9 million, further solidifying its position in the financial services sector.
Newsfilter
8.0
02-23Newsfilter
South Plains Financial Approves Stock Repurchase Program
  • Repurchase Program Scale: South Plains Financial's board has approved a stock repurchase program of up to $10 million, set to conclude on February 23, 2027, aimed at enhancing shareholder value and stabilizing stock prices.
  • Diverse Repurchase Methods: The program allows the company to repurchase shares through various means, including open market purchases and privately negotiated transactions, ensuring flexibility to respond to market changes and optimize capital structure.
  • Compliance Assurance: Repurchases will adhere to Rule 10b-18 under the Securities Exchange Act, ensuring legal compliance and reducing potential legal risks associated with stock buybacks.
  • Market Response Factors: The company will determine the timing and amount of repurchases based on stock performance, general market conditions, and availability of funds, demonstrating its sensitivity and adaptability to market dynamics.
seekingalpha
9.5
01-27seekingalpha
South Plains Financial Q4 2025 Earnings Highlights
  • Earnings Growth: South Plains Financial reported a 17.8% increase in diluted earnings per share for the full year, with net interest income of $43 million in Q4 and a net interest margin expansion to 4%, indicating sustained profitability that is expected to drive future shareholder returns.
  • Loan Growth: Loans held for investment rose by $91 million to $3.14 billion in Q4, primarily due to organic growth in multifamily property and direct energy loans, with expectations for loan growth to accelerate to mid- to high single-digit rates in 2026, further enhancing earning power.
  • Acquisition Strategy: The company has reached a definitive agreement to acquire BOH Holdings, expected to be approximately 11% accretive to earnings by 2027 with a payback period of less than three years, demonstrating strategic decision-making aimed at expanding market share and improving balance sheet quality.
  • Dividend Continuity: The Board authorized a quarterly dividend of $0.17 per share, marking the 27th consecutive dividend, reflecting the company's commitment to returning value to shareholders while maintaining growth in profitability and enhancing investor confidence.
seekingalpha
9.5
01-26seekingalpha
South Plains Financial Q4 Earnings Beat Expectations
  • Earnings Beat: South Plains Financial reported Q4 GAAP EPS of $0.90, exceeding expectations by $0.05, indicating strong profitability that boosts investor confidence.
  • Revenue Miss: Revenue increased by 3.9% year-over-year to $53.88 million but fell short of expectations by $0.23 million, reflecting the impact of intensified market competition and economic uncertainty on growth.
  • Acquisition Announcement: The company plans to acquire BOH Holdings in a $105.9 million all-stock deal, which not only aims to expand market share but also potentially enhances overall operational efficiency through resource integration.
  • Quant Rating Insight: Seeking Alpha's Quant Rating highlights market attention on South Plains Financial's future performance, prompting investors to closely monitor the integration progress post-acquisition and its implications for financial health.
Yahoo Finance
6.5
01-12Yahoo Finance
Small Banks Thrive with PE Ratios Below 11 Amid Market Optimism
  • Banking Resilience: Small and regional banks have demonstrated strong performance after enduring a 500 basis point rate shock, maintaining historical high capital ratios, indicating robust risk resilience and potential for increased profitability in the future.
  • PE Ratio Advantage: While money center banks trade at forward PE ratios between 13 and 16, small and regional banks are priced below 11, growing faster, suggesting that investors can achieve higher returns by opting for smaller banks.
  • Yield Attractiveness: For instance, Huntington offers a yield three times that of JP Morgan, highlighting the appeal of small banks in terms of yield distribution, which has garnered increased investor interest.
  • Rapidly Growing Community Banks: Third Coast Bankshares and South Plains Financial in Texas are among the fastest-growing community banks, priced at or below 11 times forward PE ratios, showcasing their competitive edge and investment potential in the market.
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
Stephen Scouten
Neutral -> Overweight
upgrade
$45 -> $48
AI Analysis
2026-03-02
Reason
Piper Sandler
Stephen Scouten
Price Target
$45 -> $48
AI Analysis
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.
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
As previously reported, Piper Sandler analyst Stephen Scouten upgraded South Plains Financial to Overweight from Neutral with a price target of $48, up from $45. The firm notes it spent time with management at an analyst update event and came away more upbeat about its position within the small cap TX banking landscape. The shares have underperformed marginally since Q3 2025 earnings, but after a couple of years of stagnant loan growth, Q4 2025 loan growth encouraged and the opportunity set in the Houston MSA continues to improve, Piper adds.
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Valuation Metrics

The current forward P/E ratio for South Plains Financial Inc (SPFI.O) is 10.82, compared to its 5-year average forward P/E of 11.01. 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
5Y Average PE
11.01
Current PE
10.82
Overvalued PE
12.31
Undervalued PE
9.71

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
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

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
2.41
Current PS
2.72
Overvalued PS
2.73
Undervalued PS
2.09

Financials

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Frequently Asked Questions

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

The current price of SPFI is 40.44 USD — it has decreased -1.34

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 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. The Bank also provides 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 46.81M USD, decreased -3.18

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 0.90 USD, decreased -6.25

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

South Plains Financial Inc (SPFI) has 545 emplpoyees as of March 10 2026.

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

Today SPFI has the market capitalization of 660.44M USD.