South Plains Financial, Inc.
South Plains Financial, Inc.
Your view on SPFI
Overview
What the company does, where it operates, and who runs it.
About South Plains Financial, Inc.
- Industry
- Banks - Regional
- Sector
- Financial Services
- CEO
- Curtis C. Griffith
- Headquarters
- 5219 City Bank Parkway, Lubbock, TX, US
- Industry
- Banks - Regional
- Sector
- Financial Services
- CEO
- Curtis C. Griffith
- Headquarters
- 5219 City Bank Parkway, Lubbock, TX, US
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. The company operates through two segments, Banking and Insurance.
It offers deposit products, including demand deposit accounts, interest-bearing products, savings accounts, and certificate of deposits.
The company also provides commercial real estate loans; general and specialized commercial loans, including agricultural production and real estate, energy, finance, investment, and insurance loans, as well as loans to goods, services, restaurant and retail, construction, and other industries; residential construction loans; and 1-4 family residential loans, auto loans, and other loans for recreational vehicles or other purposes.
In addition, it offers crop insurance products; trust products and services; investment services; mortgage banking services; online and mobile banking services; and debit and credit cards. The company operates 25 full-service banking locations; and 15 loan production offices located throughout Texas and Eastern New Mexico.
South Plains Financial, Inc. was founded in 1941 and is headquartered in Lubbock, Texas.
Media
Infographics, videos, and posts covering the company.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for South Plains Financial, Inc., and the rating behind it. SPFI last traded at $44.76, 11.7× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for South Plains Financial, Inc.. Starting points for South Plains Financial, Inc.: P/E 11.7, EPS $3.41, beta 0.46 — an Banks - Regional name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for South Plains Financial, Inc.. South Plains Financial, Inc. paid $0.68 per share over the last year — a 1.5% yield at the current $44.76 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for South Plains Financial, Inc.. Trailing twelve-month EPS for South Plains Financial, Inc. stands at $3.41. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for South Plains Financial, Inc.. South Plains Financial, Inc. has reported as a listed company since 2019. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
South Plains Financial, Inc. valued side by side against its closest peers. South Plains Financial, Inc. is measured against Banks - Regional peers within the Financial Services sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold South Plains Financial, Inc., and how their positions are changing. At a $857.0M market value, institutional positions materially move South Plains Financial, Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by South Plains Financial, Inc. executives and directors. Shares of South Plains Financial, Inc. have traded between $30.01 and $42.38 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming South Plains Financial, Inc.. South Plains Financial, Inc. is a $857.0M Financial Services company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming South Plains Financial, Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for South Plains Financial, Inc.. Coverage tracks South Plains Financial, Inc. within Banks - Regional (Financial Services). Press releases and market coverage, newest first.