South Plains Financials

SPFI Stock  USD 39.00  0.11  0.28%   
Based on the key indicators related to South Plains' liquidity, profitability, solvency, and operating efficiencyBased on the analysis of, South Plains Financial may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. As of now, South Plains' Long Term Debt is decreasing as compared to previous years. The South Plains' current Cash And Short Term Investments is estimated to increase to about 923.3 M, while Total Assets are projected to decrease to under 3.8 B. Key indicators impacting South Plains' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.180.2974
Way Down
Slightly volatile
Return On Assets0.00980.0149
Way Down
Slightly volatile
Return On Equity0.120.1541
Significantly Down
Pretty Stable
Debt Equity Ratio0.260.2706
Sufficiently Down
Slightly volatile
Operating Income67.5 M79.4 M
Fairly Down
Slightly volatile
Current Ratio20.4213.7723
Way Up
Slightly volatile
The essential information of the day-to-day investment outlook for South Plains includes many different criteria found on its balance sheet. An individual investor should monitor South Plains' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in South Plains.

Net Income

48.26 Million

  

South Plains Stock Summary

South Plains competes with Sound Financial, Finward Bancorp, Franklin Financial, Community West, and Oak Valley. South Plains Financial, Inc. operates as a bank holding company for City Bank that provides commercial and consumer financial services to small and medium-sized businesses and individuals. South Plains Financial, Inc. was founded in 1941 and is headquartered in Lubbock, Texas. South Plains operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 609 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS83946P1075
CUSIP83946P107
LocationTexas; U.S.A
Business Address5219 City Bank
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.spfi.bank
Phone806 792 7101
CurrencyUSD - US Dollar

South Plains Key Financial Ratios

South Plains Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.2B3.6B3.9B3.9B4.2B3.8B
Other Current Liab(20M)3.0B1.1B13.0M979.3M1.1B
Other Liab58.2M29.1M31.2M31.0M27.9M33.1M
Net Tangible Assets278.8M343.0M382.0M333.2M383.1M302.5M
Net Debt46.9M(76.8M)(364.7M)(112.5M)(210.4M)(199.8M)
Retained Earnings146.7M189.5M242.8M292.3M345.3M228.9M
Accounts Payable2.7B31.2M3.3B58.3M52.4M49.8M
Cash158.1M300.3M486.8M234.9M328.6M322.0M
Other Assets1.6B1.6B1.8B2.0B3.4B2.2B
Long Term Debt167.9M197.0M122.2M122.4M110.2M120.8M
Net Receivables13.9M15.2M13.9M16.4M20.9M16.9M
Capital Surpluse140.5M141.1M133.2M112.8M129.8M127.2M
Inventory(172.0M)(315.5M)(500.7M)169K(351.0M)(333.5M)
Other Current Assets172.0M315.5M500.7M173.3M351.0M252.6M
Total Liab2.9B223.5M122.2M3.6B3.8B2.5B
Net Invested Capital494.0M567.0M529.6M479.4M517.3M508.8M
Total Current Assets879.7M1.1B1.2B1.1B706.5M967.4M
Short Term Debt20M26.6M75.8M1.9M1.8M1.7M
Intangible Assets27.4M7.6M25.6M31.8M29.0M19.1M
Common Stock18.0M18.1M17.8M17.0M16.4M18.4M

South Plains Key Income Statement Accounts

201920202021202220232024 (projected)
Tax Provision7.5M11.3M14.5M14.9M17.3M9.7M
Net Interest Income104.6M122.3M121.8M138.5M140.9M127.6M
Interest Income132.9M138.2M135.0M161.2M201.0M155.7M
Interest Expense28.4M15.9M13.3M22.7M72.3M75.9M
Total Revenue161.2M221.6M219.2M214.6M212.0M205.4M
Gross Profit161.2M221.6M219.2M214.6M212.0M205.4M
Operating Income36.7M56.6M73.1M95.8M79.4M67.5M
Ebit36.7M56.7M85.1M75.0M79.4M66.1M
Ebitda41.9M63.2M91.6M80.1M79.4M71.4M
Income Before Tax36.7M56.6M73.1M73.2M79.4M57.8M
Net Income29.2M45.4M58.6M58.2M62.7M48.3M
Income Tax Expense7.5M11.3M14.5M14.9M16.7M9.6M

South Plains Key Cash Accounts

201920202021202220232024 (projected)
Investments(213.5M)(155.4M)(159.7M)(406.9M)(168.7M)(177.1M)
Change In Cash(87.9M)142.2M186.5M(251.9M)95.3M100.0M
Net Borrowings15.3M11.9M18.5M(101.6M)(91.4M)(86.8M)
Free Cash Flow26.5M2.3M93.4M119.1M53.9M54.2M
Depreciation5.2M6.6M6.4M7.0M6.4M6.6M
Other Non Cash Items11.9M(6.6M)73.5M38.4M(7.0M)(6.7M)
Dividends Paid1.1M2.5M5.4M8.0M8.7M7.3M
Capital Expenditures4.0M3.3M2.9M4.5M4.7M3.6M
Net Income29.2M45.4M58.6M58.2M62.7M48.3M
End Period Cash Flow158.1M300.3M486.8M234.9M330.2M322.3M
Change To Netincome(9.0M)(46.8M)24.2M43.3M49.8M52.3M

South Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining South Plains's current stock value. Our valuation model uses many indicators to compare South Plains value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across South Plains competition to find correlations between indicators driving South Plains's intrinsic value. More Info.
South Plains Financial is rated third in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about  0.10  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for South Plains Financial is roughly  10.48 . As of now, South Plains' Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the South Plains' earnings, one of the primary drivers of an investment's value.

South Plains Financial Systematic Risk

South Plains' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. South Plains volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on South Plains Financial correlated with the market. If Beta is less than 0 South Plains generally moves in the opposite direction as compared to the market. If South Plains Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one South Plains Financial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of South Plains is generally in the same direction as the market. If Beta > 1 South Plains moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in South Plains Stock are looking for potential investment opportunities by analyzing not only static indicators but also various South Plains' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of South Plains growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.1

As of now, South Plains' Price Earnings To Growth Ratio is increasing as compared to previous years.

South Plains December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of South Plains help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of South Plains Financial. We use our internally-developed statistical techniques to arrive at the intrinsic value of South Plains Financial based on widely used predictive technical indicators. In general, we focus on analyzing South Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build South Plains's daily price indicators and compare them against related drivers.

Complementary Tools for South Stock analysis

When running South Plains' price analysis, check to measure South Plains' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy South Plains is operating at the current time. Most of South Plains' value examination focuses on studying past and present price action to predict the probability of South Plains' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move South Plains' price. Additionally, you may evaluate how the addition of South Plains to your portfolios can decrease your overall portfolio volatility.
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