SPFI Stock Analysis: South Plains Financial | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 815m USD | 12M Return: 17.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.56M
EPS Trend: 92.1%
Qual. Beats: 0
Rev. Trend: 96.5%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 7.1 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
South Plains Financial, Inc. (NASDAQ: SPFI) is the holding company for City Bank, a community-oriented financial institution founded in 1941 and headquartered in Lubbock, Texas. The company targets small and medium-sized businesses and individual consumers, a typical focus for community and regional banks serving their local trade areas.
The companys core activities span traditional retail banking-including demand and interest-bearing deposits, CDs, debit/credit cards, and trust services-as well as broader wealth and retirement offerings such as IRAs, defined benefit and profit-sharing plans, mutual funds, annuities, and municipal and Treasury securities. Its loan portfolio is notably diversified across sectors important to the West Texas economy, including agricultural production, energy, commercial real estate, construction, and 1-4 family residential mortgages, complemented by mortgage banking services.
SPFI trades as a small-cap stock following its May 2019 IPO and is classified within the GICS Regional Banks sub-industry, reflecting its status as a publicly listed community banking franchise rather than a large money-center or super-regional institution.
- Net interest margin expands with sustained Fed rate levels
- Energy loan portfolio exposed to Texas oil price volatility
- Commercial real estate lending faces regional credit headwinds
| Net Income: 60.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.09 > 1.0 |
| NWC/Revenue: -1.06k% < 20% (prev -1.07k%; Δ 9.21% < -1%) |
| CFO/TA 0.01 > 3% & CFO 67.6m > Net Income 60.7m |
| Net Debt (-794.7m) to EBITDA (82.6m): -9.62 < 3 |
| Current Ratio: 0.22 > 1.5 & < 3 |
| Outstanding Shares: last quarter (17.0m) vs 12m ago -0.17% < -2% |
| Gross Margin: 70.39% > 18% (prev 66.23%; Δ 4.16% > 0.5%) |
| Asset Turnover: 6.60% > 50% (prev 6.43%; Δ 0.16% > 0%) |
| Interest Coverage Ratio: 0.92 > 6 (EBIT TTM 76.7m / Interest Expense TTM 83.4m) |
| A: -0.68 (Total Current Assets 872.2m - Total Current Liabilities 4.03b) / Total Assets 4.65b |
| B: 0.10 (Retained Earnings 446.0m / Total Assets 4.65b) |
| C: 0.02 (EBIT TTM 76.7m / Avg Total Assets 4.53b) |
| D: 0.12 (Book Value of Equity 504.9m / Total Liabilities 4.14b) |
| Altman-Z'' = -3.90 = D |
| DSRI: 0.91 (Receivables 17.0m/17.7m, Revenue 298.6m/283.5m) |
| GMI: 0.94 (GM 66.23% / 70.39%) |
| AQI: 0.99 (AQ_t 0.80 / AQ_t-1 0.81) |
| SGI: 1.05 (Revenue 298.6m / 283.5m) |
| TATA: -0.00 (NI 60.7m - CFO 67.6m) / TA 4.65b) |
| Beneish M = -3.12 (Cap -4..+1) = AA |
As of July 08, 2026, the stock is trading at USD 42.71 with a total of 176,182 shares traded. Over the past week, the price has changed by -1.79%, over one month by +3.54%, over three months by +0.28% and over the past year by +17.36%.
Current recommended Stop Loss: 40.40 (which is 5.4% or 2 ATR below the current price).
South Plains Financial has received a consensus analysts rating of 4.25. Therefore, it is recommended to buy SPFI.
- StrongBuy: 1
- Buy: 3
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 48.5 | 13.6% |
P/E Trailing = 11.9216
P/S = 3.8464
P/B = 1.6137
Revenue TTM = 298.6m USD
EBIT TTM = 76.7m USD
EBITDA TTM = 82.6m USD
Long Term Debt = 60.5m USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 60.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -794.7m USD (calculated: Debt 60.5m - CCE 855.2m)
Enterprise Value = 20.2m USD (814.8m + Debt 60.5m - CCE 855.2m)
Interest Coverage Ratio = 0.92 (Ebit TTM 76.7m / Interest Expense TTM 83.4m)
EV/FCF = 0.33x (Enterprise Value 20.2m / FCF TTM 61.7m)
FCF Yield = 305.6% (FCF TTM 61.7m / Enterprise Value 20.2m)
FCF Margin = 20.66% (FCF TTM 61.7m / Revenue TTM 298.6m)
Net Margin = 20.33% (Net Income TTM 60.7m / Revenue TTM 298.6m)
Gross Margin = 70.39% ((Revenue TTM 298.6m - Cost of Revenue TTM 88.4m) / Revenue TTM)
Gross Margin QoQ = 72.89% (prev 70.08%)
Tobins Q-Ratio = 0.00 (Enterprise Value 20.2m / Total Assets 4.65b)
Interest Expense / Debt = 137.8% (Interest Expense 83.4m / Debt 60.5m)
Taxrate = 20.86% (16.0m / 76.7m)
NOPAT = 60.7m (EBIT 76.7m * (1 - 20.86%))
Current Ratio = 0.22 (Total Current Assets 872.2m / Total Current Liabilities 4.03b)
Debt / Equity = 0.12 (Debt 60.5m / totalStockholderEquity, last quarter 504.9m)
Debt / EBITDA = -9.62 (Net Debt -794.7m / EBITDA 82.6m)
Debt / FCF = -12.88 (Net Debt -794.7m / FCF TTM 61.7m)
Total Stockholder Equity = 482.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.34% (Net Income 60.7m / Total Assets 4.65b)
RoE = 12.58% (Net Income TTM 60.7m / Total Stockholder Equity 482.7m)
RoCE = 14.13% (EBIT 76.7m / Capital Employed (Equity 482.7m + L.T.Debt 60.5m))
RoIC = 10.06% (NOPAT 60.7m / Invested Capital 603.9m)
WACC = 7.44% (E(814.8m)/V(875.3m) * Re(7.99%) + (debt cost/tax rate unavailable))
Discount Rate = 7.99% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 6.67 | Cagr: 0.07%
[DCF] Terminal Value 75.31% ; FCFF base≈61.9m ; Y1≈61.7m ; Y5≈64.3m
[DCF] Fair Price = 93.80 (EV 1.00b - Net Debt -794.7m = Equity 1.80b / Shares 19.1m; r=8.35% [WACC [floored]]; 5y FCF grow -0.99% → 2.50% )
EPS Correlation: 92.10 | EPS CAGR: 15.11% | SUE: -0.36 | # QB: 0
Revenue Correlation: 96.52 | Revenue CAGR: 9.15% | SUE: 0.65 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.94 | Chg30d=-1.40% | Revisions=-50% | Analysts=4
EPS next Quarter (2026-09-30): EPS=1.00 | Chg30d=+1.01% | Revisions=-50% | Analysts=4
EPS current Year (2026-12-31): EPS=3.87 | Chg30d=+0.61% | Revisions=-40% | GrowthEPS=+12.5% | GrowthRev=+17.5%
EPS next Year (2027-12-31): EPS=4.14 | Chg30d=+0.98% | Revisions=-50% | GrowthEPS=+7.0% | GrowthRev=+9.6%
[Analyst] Revisions Ratio: -79% (up=0, down=11)