(SPFI) South Plains Financial - Overview
Stock: Deposits, Loans, Mortgages, Trust Services, Investments
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.10% |
| Yield on Cost 5y | 3.54% |
| Yield CAGR 5y | 19.90% |
| Payout Consistency | 100.0% |
| Payout Ratio | 18.6% |
| Risk 5d forecast | |
|---|---|
| Volatility | 28.6% |
| Relative Tail Risk | -6.64% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.71 |
| Alpha | 7.36 |
| Character TTM | |
|---|---|
| Beta | 0.667 |
| Beta Downside | 0.636 |
| Drawdowns 3y | |
|---|---|
| Max DD | 30.52% |
| CAGR/Max DD | 0.59 |
Description: SPFI South Plains Financial December 26, 2025
South Plains Financial, Inc. (NASDAQ: SPFI) is a bank holding company that operates City Bank, delivering a full suite of commercial and consumer banking services to small- and medium-sized enterprises and individual customers in Texas and surrounding markets.
Its core deposit franchise includes demand accounts, interest-bearing products, savings accounts, and certificates of deposit, while its lending platform spans commercial real-estate, agricultural, energy, construction, and consumer loans-including 1-4-family residential mortgages and auto financing.
Beyond traditional banking, the firm offers trust and wealth-management solutions such as revocable and irrevocable trusts, charitable trusts, self-directed IRAs, and a range of investment products (money-market funds, mutual funds, annuities, and municipal bonds).
Key recent metrics (Q2 2024) show a loan portfolio of roughly **$2.3 billion**, a deposit base of **$2.9 billion**, a loan-to-deposit ratio of **79 %**, and a net interest margin of **3.8 %**, supporting a **ROE of ~10.5 %**-all above the regional-bank median.
Sector-level drivers that materially affect SPFI include the Federal Reserve’s interest-rate trajectory (which influences net interest margin), Texas’s strong population growth (fueling retail-bank demand), and the cyclical nature of agricultural and energy loan performance tied to commodity price volatility.
For a deeper, data-rich look at how SPFI’s valuation stacks up against peers, you might explore the analytics on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income: 58.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.01 > 1.0 |
| NWC/Revenue: -580.4% < 20% (prev -1050 %; Δ 469.3% < -1%) |
| CFO/TA 0.02 > 3% & CFO 69.2m > Net Income 58.5m |
| Net Debt (2.17m) to EBITDA (78.4m): 0.03 < 3 |
| Current Ratio: 0.27 > 1.5 & < 3 |
| Outstanding Shares: last quarter (17.0m) vs 12m ago -0.96% < -2% |
| Gross Margin: 69.30% > 18% (prev 0.65%; Δ 6865 % > 0.5%) |
| Asset Turnover: 6.74% > 50% (prev 6.69%; Δ 0.05% > 0%) |
| Interest Coverage Ratio: 0.65 > 6 (EBITDA TTM 78.4m / Interest Expense TTM 85.0m) |
Altman Z'' -1.99
| A: -0.38 (Total Current Assets 625.9m - Total Current Liabilities 2.33b) / Total Assets 4.48b |
| B: 0.10 (Retained Earnings 434.2m / Total Assets 4.48b) |
| C: 0.01 (EBIT TTM 55.0m / Avg Total Assets 4.36b) |
| D: 0.10 (Book Value of Equity 402.8m / Total Liabilities 3.99b) |
| Altman-Z'' Score: -1.99 = D |
What is the price of SPFI shares?
Over the past week, the price has changed by +0.54%, over one month by +10.11%, over three months by +15.65% and over the past year by +21.65%.
Is SPFI a buy, sell or hold?
- StrongBuy: 1
- Buy: 3
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the SPFI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 46.8 | 8.6% |
| Analysts Target Price | 46.8 | 8.6% |
| ValueRay Target Price | 50.4 | 17.2% |
SPFI Fundamental Data Overview February 09, 2026
P/S = 3.4079
P/B = 1.4264
Revenue TTM = 293.8m USD
EBIT TTM = 55.0m USD
EBITDA TTM = 78.4m USD
Long Term Debt = 60.5m USD (from longTermDebt, two quarters ago)
Short Term Debt = unknown (none)
Debt = 60.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.17m USD (from netDebt column, last quarter)
Enterprise Value = 139.0m USD (704.4m + Debt 60.5m - CCE 625.9m)
Interest Coverage Ratio = 0.65 (Ebit TTM 55.0m / Interest Expense TTM 85.0m)
EV/FCF = 2.19x (Enterprise Value 139.0m / FCF TTM 63.6m)
FCF Yield = 45.74% (FCF TTM 63.6m / Enterprise Value 139.0m)
FCF Margin = 21.64% (FCF TTM 63.6m / Revenue TTM 293.8m)
Net Margin = 19.90% (Net Income TTM 58.5m / Revenue TTM 293.8m)
Gross Margin = 69.30% ((Revenue TTM 293.8m - Cost of Revenue TTM 90.2m) / Revenue TTM)
Gross Margin QoQ = 70.08% (prev 70.29%)
Tobins Q-Ratio = 0.03 (Enterprise Value 139.0m / Total Assets 4.48b)
Interest Expense / Debt = 33.84% (Interest Expense 20.5m / Debt 60.5m)
Taxrate = 20.08% (3.83m / 19.1m)
NOPAT = 43.9m (EBIT 55.0m * (1 - 20.08%))
Current Ratio = 0.27 (Total Current Assets 625.9m / Total Current Liabilities 2.33b)
Debt / Equity = 0.12 (Debt 60.5m / totalStockholderEquity, last quarter 493.8m)
Debt / EBITDA = 0.03 (Net Debt 2.17m / EBITDA 78.4m)
Debt / FCF = 0.03 (Net Debt 2.17m / FCF TTM 63.6m)
Total Stockholder Equity = 467.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.34% (Net Income 58.5m / Total Assets 4.48b)
RoE = 12.51% (Net Income TTM 58.5m / Total Stockholder Equity 467.4m)
RoCE = 10.42% (EBIT 55.0m / Capital Employed (Equity 467.4m + L.T.Debt 60.5m))
RoIC = 7.95% (NOPAT 43.9m / Invested Capital 552.8m)
WACC = 9.85% (E(704.4m)/V(764.9m) * Re(8.37%) + D(60.5m)/V(764.9m) * Rd(33.84%) * (1-Tc(0.20)))
Discount Rate = 8.37% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.04%
[DCF Debug] Terminal Value 70.97% ; FCFF base≈61.9m ; Y1≈59.7m ; Y5≈58.9m
Fair Price DCF = 46.98 (EV 768.0m - Net Debt 2.17m = Equity 765.9m / Shares 16.3m; r=9.85% [WACC]; 5y FCF grow -4.78% → 2.90% )
EPS Correlation: 6.16 | EPS CAGR: 3.89% | SUE: 0.22 | # QB: 0
Revenue Correlation: 93.58 | Revenue CAGR: 8.14% | SUE: 3.48 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.86 | Chg30d=+0.045 | Revisions Net=+2 | Analysts=4
EPS current Year (2026-12-31): EPS=3.84 | Chg30d=+0.210 | Revisions Net=+2 | Growth EPS=+11.6% | Growth Revenue=+17.3%
EPS next Year (2027-12-31): EPS=4.20 | Chg30d=+0.225 | Revisions Net=+2 | Growth EPS=+9.3% | Growth Revenue=+9.4%