Mikella Newsom - South Plains Chief Secretary

SPFI Stock  USD 39.00  0.11  0.28%   

Executive

Mikella Newsom is Chief Secretary of South Plains Financial
Age 50
Address 5219 City Bank Parkway, Lubbock, TX, United States, 79407
Phone806 792 7101
Webhttps://www.spfi.bank

Mikella Newsom Latest Insider Activity

Tracking and analyzing the buying and selling activities of Mikella Newsom against South Plains stock is an integral part of due diligence when investing in South Plains. Mikella Newsom insider activity provides valuable insight into whether South Plains is net buyers or sellers over its current business cycle. Note, South Plains insiders must abide by specific rules, including filing SEC forms every time they buy or sell South Plains'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

South Plains Management Efficiency

The company has return on total asset (ROA) of 0.0102 % which means that it generated a profit of $0.0102 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1069 %, meaning that it created $0.1069 on every $100 dollars invested by stockholders. South Plains' management efficiency ratios could be used to measure how well South Plains manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to 0.01. The current Return On Capital Employed is estimated to decrease to 0.02. As of now, South Plains' Total Current Assets are increasing as compared to previous years. The South Plains' current Debt To Assets is estimated to increase to 0.05, while Total Assets are projected to decrease to under 3.8 B.
South Plains Financial currently holds 110.17 M in liabilities. Note, when we think about South Plains' use of debt, we should always consider it together with its cash and equity.

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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. South Plains Financial (SPFI) is traded on NASDAQ Exchange in USA. It is located in 5219 City Bank Parkway, Lubbock, TX, United States, 79407 and employs 547 people. South Plains is listed under Regional Banks category by Fama And French industry classification.

Management Performance

South Plains Financial Leadership Team

Elected by the shareholders, the South Plains' board of directors comprises two types of representatives: South Plains inside directors who are chosen from within the company, and outside directors, selected externally and held independent of South. The board's role is to monitor South Plains' management team and ensure that shareholders' interests are well served. South Plains' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, South Plains' outside directors are responsible for providing unbiased perspectives on the board's policies.
Kelly Deterding, President Bank
Steven CPA, CFO Treasurer
Steven Crockett, CFO Treasurer
Mikella Newsom, Chief Secretary
Cory Newsom, President Director
Curtis Griffith, Chairman CEO

South Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is South Plains a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether South Plains Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of South Plains' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of South Plains Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on South Plains Financial Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in South Plains Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of South Plains. If investors know South will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about South Plains listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
0.54
Earnings Share
2.57
Revenue Per Share
11.2
Quarterly Revenue Growth
(0.03)
The market value of South Plains Financial is measured differently than its book value, which is the value of South that is recorded on the company's balance sheet. Investors also form their own opinion of South Plains' value that differs from its market value or its book value, called intrinsic value, which is South Plains' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because South Plains' market value can be influenced by many factors that don't directly affect South Plains' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between South Plains' value and its price as these two are different measures arrived at by different means. Investors typically determine if South Plains is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, South Plains' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.