South Plains Financial, Inc. (SPFI)

NASDAQ: SPFI · Real-Time Price · USD
39.56
+0.77 (1.99%)
Aug 13, 2025, 4:00 PM - Market closed
1.99%
Market Cap 642.32M
Revenue (ttm) 199.00M
Net Income (ttm) 54.61M
Shares Out 16.24M
EPS (ttm) 3.20
PE Ratio 12.37
Forward PE 11.94
Dividend $0.60 (1.52%)
Ex-Dividend Date Jul 28, 2025
Volume 55,209
Open 39.04
Previous Close 38.79
Day's Range 38.56 - 39.65
52-Week Range 30.01 - 42.38
Beta 0.72
Analysts Buy
Price Target 41.67 (+5.33%)
Earnings Date Jul 16, 2025

About SPFI

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. It offers deposit products, including demand deposit accounts, interest-bearing products, savings accounts, and certificate of deposits. The company also provides traditional trust products and services; debit and credit cards; retirement services and products, including real estate administration, family trust administration, revocable and irrevocable trusts... [Read more]

Sector Financials
IPO Date May 9, 2019
Employees 600
Stock Exchange NASDAQ
Ticker Symbol SPFI
Full Company Profile

Financial Performance

In 2024, South Plains Financial's revenue was $190.87 million, a decrease of -9.52% compared to the previous year's $210.95 million. Earnings were $49.72 million, a decrease of -20.76%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for SPFI stock is "Buy." The 12-month stock price target is $41.67, which is an increase of 5.33% from the latest price.

Price Target
$41.67
(5.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

6 Upcoming Dividend Increases

I focus on companies with consistent dividend growth, using a blend of historical data and recent increases to identify strong long-term investments. This week's highlighted group averages a 7.1% divi...

20 days ago - Seeking Alpha

South Plains: M&A Enthusiasm Appears Overdone

South Plains Financial reported strong Q2 earnings, aided by a one-time loan recovery, and management is focused on M&A-driven growth, especially in Dallas. The bank boasts a robust capital position, ...

23 days ago - Seeking Alpha

South Plains Financial, Inc. Announces 7% Increase to Quarterly Cash Dividend

LUBBOCK, Texas, July 17, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains”), the parent company of City Bank, today announced that its Board of Directors has declared...

27 days ago - GlobeNewsWire

South Plains Financial, Inc. (SPFI) Q2 2025 Earnings Call Transcript

South Plains Financial, Inc.(NASDAQ:SPFI) Q2 2025 Earnings Conference Call July 16, 2025 5:00 PM ET Company Participants Brent A. Bates - Senior VP & Chief Credit Officer Cory T.

4 weeks ago - Seeking Alpha

South Plains Financial, Inc. Reports Second Quarter 2025 Financial Results

LUBBOCK, Texas, July 16, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today repor...

4 weeks ago - GlobeNewsWire

South Plains Financial, Inc. Announces Second Quarter 2025 Earnings Call

LUBBOCK, Texas, July 09, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its second quarter...

5 weeks ago - GlobeNewsWire

South Plains Financial, Inc. (SPFI) Q1 2025 Earnings Call Transcript

South Plains Financial, Inc. (NASDAQ:SPFI) Q1 2025 Earnings Conference Call April 24, 2025 5:00 PM ET Company Participants Steve Crockett – Chief Financial Officer and Treasurer Curtis Griffith – Cha...

3 months ago - Seeking Alpha

South Plains Financial, Inc. Reports First Quarter 2025 Financial Results

LUBBOCK, Texas, April 24, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today repo...

3 months ago - GlobeNewsWire

South Plains Financial: Rapidly Increasing Its Tangible Book Value

South Plains Financial reported a net profit of $49.7M in 2024, driven by an $8.3M increase in net interest income. The bank maintains a very liquid balance sheet with nearly $950M in cash and securit...

4 months ago - Seeking Alpha

South Plains Financial, Inc. Declares Quarterly Cash Dividend

LUBBOCK, Texas, April 17, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains”), the parent company of City Bank, today announced that its Board of Directors has declare...

4 months ago - GlobeNewsWire

South Plains Financial, Inc. Publishes 2024 Community Impact Report

LUBBOCK, Texas, March 17, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (the “Bank”), today announced the relea...

5 months ago - GlobeNewsWire

South Plains Financial, Inc. Announces Stock Repurchase Program

LUBBOCK, Texas, Feb. 25, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), today announced that the board of directors of the Company (the “Board”)...

6 months ago - GlobeNewsWire

South Plains Financial, Inc. (SPFI) Q4 2024 Earnings Call Transcript

South Plains Financial, Inc. (NASDAQ:SPFI) Q4 2024 Earnings Conference Call January 24, 2025 10:00 AM ET Company Participants Steve Crockett - CFO and Treasurer Curtis Griffith - Chairman and CEO Cor...

7 months ago - Seeking Alpha

South Plains Financial, Inc. Reports Fourth Quarter and Year-End 2024 Financial Results

LUBBOCK, Texas, Jan. 24, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today repor...

7 months ago - GlobeNewsWire

South Plains Financial, Inc. Announces Fourth Quarter and Full Year 2024 Earnings Call

LUBBOCK, Texas, Jan. 13, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its fourth quarter...

7 months ago - GlobeNewsWire

South Plains Financial, Inc. (SPFI) Q3 2024 Earnings Call Transcript

South Plains Financial, Inc. (NASDAQ:SPFI) Q3 2024 Earnings Conference Call October 23, 2024 5:00 PM ET Company Participants Steve Crockett – Chief Financial Officer and Treasurer Curtis Griffith – C...

10 months ago - Seeking Alpha

South Plains Financial, Inc. Reports Third Quarter 2024 Financial Results

LUBBOCK, Texas, Oct. 23, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today repor...

10 months ago - GlobeNewsWire

South Plains Financial, Inc. Announces Third Quarter 2024 Earnings Call

LUBBOCK, Texas, Oct. 09, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its third quarter ...

11 months ago - GlobeNewsWire

South Plains Financial, Inc. (SPFI) Q2 2024 Earnings Call Transcript

South Plains Financial, Inc. (NASDAQ:SPFI) Q2 2024 Results Conference Call July 18, 2024 5:00 PM ET Company Participants Steve Crockett - Chief Financial Officer and Treasurer Curtis Griffith - Chair...

1 year ago - Seeking Alpha

South Plains Financial, Inc. Reports Second Quarter 2024 Financial Results

LUBBOCK, Texas, July 18, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today repor...

1 year ago - GlobeNewsWire

South Plains Financial, Inc. Announces Second Quarter 2024 Earnings Call

LUBBOCK, Texas, July 09, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its second quarter...

1 year ago - GlobeNewsWire

South Plains Financial, Inc. (SPFI) Q1 2024 Earnings Call Transcript

South Plains Financial, Inc. (NASDAQ:SPFI) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Steve Crockett - CFO & Treasurer Curtis Griffith - Chairman & CEO Cory Newso...

1 year ago - Seeking Alpha

South Plains Financial, Inc. Reports First Quarter 2024 Financial Results

LUBBOCK, Texas, April 25, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today repo...

1 year ago - GlobeNewsWire

South Plains Financial, Inc. Announces 8% Increase to Quarterly Cash Dividend

LUBBOCK, Texas, April 18, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains”), the parent company of City Bank, today announced that its Board of Directors has declare...

1 year ago - GlobeNewsWire

South Plains Financial, Inc. Announces First Quarter 2024 Earnings Call

LUBBOCK, Texas, April 11, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its first quarter...

1 year ago - GlobeNewsWire