South Plains Financial (SPFI) Stock Price, News & Analysis

Company Overview

South Plains Financial, Inc. (NASDAQ:SPFI) is a bank holding company headquartered in Lubbock, Texas. Through its principal subsidiary, City Bank, the company provides banking and related financial services to individuals, businesses, agricultural customers and communities in Texas and New Mexico.

City Bank offers a range of products and services, including commercial and consumer lending, real estate loans, agricultural financing, deposit accounts, treasury management, online and mobile banking, mortgage lending, trust and wealth management, and insurance services. Its operations are focused primarily on relationship-based community banking for small and middle-market businesses and individual customers.

City Bank traces its history to 1984 and has developed a branch network serving West Texas and eastern New Mexico. South Plains Financial became a publicly traded company in 2019. The company is led by Curtis Griffith, who serves as chairman and chief executive officer.

Key Stats

• Today's Range: $42.53 to $43.08
• 50-Day Range: $41.73 to $45.63
• 52-Week Range: $35.34 to $46.94
• Volume: 100,048 shs
• Average Volume: 120,235 shs
• Market Capitalization: $805.03 million
• P/E Ratio: 11.64
• Dividend Yield: 1.68%
• Price Target: $49.60
• Consensus Rating: Moderate Buy

South Plains Financial Stock Analysis - MarketRank™

South Plains Financial scored higher than 89% of companies evaluated by MarketBeat, and ranked 193rd out of 839 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

South Plains Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on no strong buy ratings, 6 buy ratings, 1 hold rating, and no sell ratings.

Upside Potential

South Plains Financial has a consensus price target of $49.60, representing about 16.1% upside from its current price of $42.73.

Amount of Analyst Coverage

South Plains Financial has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 10.34%

Earnings Growth

Earnings for South Plains Financial are expected to grow by 10.34% in the coming year, from $3.77 to $4.16 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of South Plains Financial is 11.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 42.25.

Price to Earnings Ratio vs. Sector

The P/E ratio of South Plains Financial is 11.64, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.64.

Price to Book Value per Share Ratio

South Plains Financial has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.96% of the float of South Plains Financial has been sold short.

Short Interest Ratio / Days to Cover

South Plains Financial has a short interest ratio ("days to cover") of 4.55.

Change versus previous month

Short interest in South Plains Financial has recently increased by 16.73%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

South Plains Financial pays a meaningful dividend of 1.67%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

South Plains Financial has been increasing its dividend for 5 years.

Dividend Coverage

The dividend payout ratio of South Plains Financial is 19.62%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, South Plains Financial will have a dividend payout ratio of 17.31% next year. This indicates that South Plains Financial will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.60

News Sentiment

South Plains Financial has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for South Plains Financial this week, compared to 2 articles on an average week.

Search Interest

2 people have searched for SPFI on MarketBeat in the last 30 days.

Company Ownership

• Score: 2.1 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, South Plains Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $11,624,642.00 in company stock.

Percentage Held by Insiders

24.29% of the stock of South Plains Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

54.95% of the stock of South Plains Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 7/17/2026
• Record date for 8/10 Dividend: 7/27/2026
• Ex-Dividend for 8/10 Dividend: 7/27/2026
• Dividend Payable: 8/10/2026
• Today: 10/05/2026
• Next Earnings (Estimated): 10/22/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:SPFI
• CIK: 1163668
• Web: www.spfi.bank
• Phone: (806) 792-7101
• Fax: N/A
• Employees: 603
• Year Founded: 1992

Price Target and Rating

• Average Price Target for South Plains Financial: $49.60
• High Price Target: $53.00
• Low Price Target: $46.00
• Potential Upside/Downside: +16.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.86
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.67
• Trailing P/E Ratio: 11.64
• Forward P/E Ratio: 11.33
• P/E Growth: N/A
• Net Income: $58.47 million
• Net Margins: 20.79%
• Pretax Margin: 26.31%
• Return on Equity: 12.36%
• Return on Assets: 1.37%

Debt

• Debt-to-Equity Ratio: 0.10
• Current Ratio: 0.97
• Quick Ratio: 0.96

Sales & Book Value

• Annual Sales: $296.89 million
• Price / Sales: 2.71
• Cash Flow: $4.10 per share
• Price / Cash Flow: 10.43
• Book Value: $30.39 per share
• Price / Book: 1.41

Miscellaneous

• Outstanding Shares: 18,840,000
• Free Float: 14,263,000
• Market Cap: $805.03 million
• Optionable: Optionable
• Beta: 0.49