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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
44.490
Open
44.340
VWAP
44.13
Vol
116.18K
Mkt Cap
718.56M
Low
43.930
Amount
5.13M
EV/EBITDA(TTM)
11.54
Total Shares
16.34M
EV
842.72M
EV/OCF(TTM)
2.55
P/S(TTM)
3.75
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)
2026-03-23
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

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.
Yahoo Finance
6.0
03-13Yahoo Finance
South Plains Financial Price Target Raised to $48
  • Analyst Target Adjustment: South Plains Financial's fair value target has been raised from $46.75 to $48.00, reflecting optimistic expectations regarding loan growth momentum and expansion in the Houston market, indicating enhanced competitiveness among small-cap Texas banks.
  • Rating Upgrade: Piper Sandler upgraded South Plains Financial's rating from Neutral to Overweight with a new price target of $48, driven by increased confidence in the bank's future prospects following management meetings, particularly regarding loan growth potential in the Houston area.
  • Future Outlook: Raymond James raised its price target from $42 to $44 while maintaining an Outperform rating, emphasizing that the Bank of Houston deal will facilitate South Plains Financial's expansion into metro markets, strengthening its relationship banking team.
  • Risk Factors: Despite the optimistic outlook from analysts, Piper Sandler noted that the stock has only marginally lagged since Q3 2025 earnings, which may suggest that investors are still seeking proof of sustained loan growth and Houston expansion.
Newsfilter
8.5
03-09Newsfilter
South 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.
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 0.00, compared to its 5-year average forward P/E of 11.08. 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
11.08
Current PE
0.00
Overvalued PE
12.32
Undervalued PE
9.84

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
0.65
Current EV/EBITDA
6.73
Overvalued EV/EBITDA
3.29
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
2.60
Overvalued PS
2.73
Undervalued PS
2.12

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Frequently Asked Questions

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

The current price of SPFI is 43.97 USD — it has decreased -1.01

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 51.48M USD, increased 6.48

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 April 21 2026.

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

Today SPFI has the market capitalization of 718.56M USD.