S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
NASDAQ:SPFI

South Plains Financial Stock Forecast, Price & News

$26.85
+0.34 (+1.28%)
(As of 12/8/2021 12:00 AM ET)
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Today's Range
$26.33
$27.15
50-Day Range
$22.16
$27.13
52-Week Range
$18.31
$27.15
Volume
29,618 shs
Average Volume
23,127 shs
Market Capitalization
$477.63 million
P/E Ratio
8.26
Dividend Yield
1.36%
Beta
0.63
30 days | 90 days | 365 days | Advanced Chart
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South Plains Financial logo

About South Plains Financial

South Plains Financial, Inc. is a bank holding company, which engages in the provision of commercial and retail banking services through its subsidiary, City Bank. The firm also offers insurance, investment, trust and mortgage services though its other non-bank subsidiaries. It operates through the Banking and Insurance business segments. The company was founded on October 28, 1992 and is headquartered in Lubbock, TX.

Headlines

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Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:SPFI
Fax
N/A
Employees
653
Year Founded
N/A

Sales & Book Value

Annual Sales
$239.83 million
Cash Flow
$3.15 per share
Book Value
$22.39 per share

Profitability

Net Income
$45.35 million
Pretax Margin
31.80%

Debt

Price-To-Earnings

Miscellaneous

Free Float
12,933,000
Market Cap
$477.63 million
Optionable
Not Optionable

Company Calendar

Last Earnings
10/26/2021
Ex-Dividend
10/29/2021
Dividend Payable
11/16/2021
Today
12/09/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/26/2022

MarketRank

Overall MarketRank

1.86 out of 5 stars

Finance Sector

787th out of 1,342 stocks

State Commercial Banks Industry

172nd out of 233 stocks

Analyst Opinion: 0.0Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -












South Plains Financial (NASDAQ:SPFI) Frequently Asked Questions

How has South Plains Financial's stock price been impacted by Coronavirus (COVID-19)?

South Plains Financial's stock was trading at $17.24 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SPFI stock has increased by 55.7% and is now trading at $26.85.
View which stocks have been most impacted by COVID-19
.

Are investors shorting South Plains Financial?

South Plains Financial saw a drop in short interest in November. As of November 15th, there was short interest totaling 41,100 shares, a drop of 25.8% from the October 31st total of 55,400 shares. Based on an average daily trading volume, of 23,900 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.4% of the shares of the company are short sold.
View South Plains Financial's Short Interest
.

When is South Plains Financial's next earnings date?

South Plains Financial is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
View our earnings forecast for South Plains Financial
.

How were South Plains Financial's earnings last quarter?

South Plains Financial, Inc. (NASDAQ:SPFI) announced its quarterly earnings data on Tuesday, October, 26th. The company reported $0.82 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.72 by $0.10. South Plains Financial had a trailing twelve-month return on equity of 15.61% and a net margin of 25.49%. During the same period in the prior year, the company posted $0.92 earnings per share.
View South Plains Financial's earnings history
.

How often does South Plains Financial pay dividends? What is the dividend yield for South Plains Financial?

South Plains Financial declared a quarterly dividend on Friday, October 22nd. Shareholders of record on Monday, November 1st will be given a dividend of $0.09 per share on Tuesday, November 16th. This represents a $0.36 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Friday, October 29th.
View South Plains Financial's dividend history
.

Is South Plains Financial a good dividend stock?

South Plains Financial pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.36%. South Plains Financial has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of South Plains Financial is 11.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, South Plains Financial will have a dividend payout ratio of 14.69% next year. This indicates that South Plains Financial will be able to sustain or increase its dividend.
View South Plains Financial's dividend history.

Who are South Plains Financial's key executives?

South Plains Financial's management team includes the following people:
  • Curtis C. Griffith, Chairman & Chief Executive Officer
  • Cory T. Newsom, President & Director
  • Steven B. Crockett, CFO, Treasurer & Principal Accounting Officer
  • Mikella D. Newsom, Secretary & Chief Risk Officer

What is Cory Newsom's approval rating as South Plains Financial's CEO?

15 employees have rated South Plains Financial CEO Cory Newsom on Glassdoor.com. Cory Newsom has an approval rating of 76% among South Plains Financial's employees.

What other stocks do shareholders of South Plains Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other South Plains Financial investors own include Main Street Capital (MAIN), Boeing (BA), General Motors (GM), NVIDIA (NVDA), Overstock.com (OSTK), Pure Storage (PSTG), Riot Blockchain (RIOT), CalAmp (CAMP), Delphi Technologies (DLPH) and DocuSign (DOCU).

When did South Plains Financial IPO?

(SPFI) raised $63 million in an initial public offering on Thursday, May 9th 2019. The company issued 3,400,000 shares at a price of $17.50-$19.50 per share. Keefe, Bruyette & Woods (A Stifel Company) and Sandler O’Neill + Partners served as the underwriters for the IPO.

What is South Plains Financial's stock symbol?

South Plains Financial trades on the NASDAQ under the ticker symbol "SPFI."

Who are South Plains Financial's major shareholders?

South Plains Financial's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.27%), M3F Inc. (1.48%), Keeley Teton Advisors LLC (1.06%), Venturi Wealth Management LLC (1.02%), Venturi Wealth Management LLC (1.02%) and Geode Capital Management LLC (0.91%). Company insiders that own South Plains Financial stock include Curtis C Griffith and Kyle R Wargo.
View institutional ownership trends for South Plains Financial
.

Which institutional investors are selling South Plains Financial stock?

SPFI stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Venturi Wealth Management LLC, Venturi Wealth Management LLC, California State Teachers Retirement System, New York State Common Retirement Fund, BlackRock Inc., Deutsche Bank AG, and Panagora Asset Management Inc..
View insider buying and selling activity for South Plains Financial
or view top insider-selling stocks.

Which institutional investors are buying South Plains Financial stock?

SPFI stock was bought by a variety of institutional investors in the last quarter, including M3F Inc., Keeley Teton Advisors LLC, Dimensional Fund Advisors LP, Goldman Sachs Group Inc., SG Americas Securities LLC, Renaissance Technologies LLC, Geode Capital Management LLC, and Barclays PLC. Company insiders that have bought South Plains Financial stock in the last two years include Curtis C Griffith, and Kyle R Wargo.
View insider buying and selling activity for South Plains Financial
or or view top insider-buying stocks.

How do I buy shares of South Plains Financial?

Shares of SPFI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is South Plains Financial's stock price today?

One share of SPFI stock can currently be purchased for approximately $26.85.

How much money does South Plains Financial make?

South Plains Financial has a market capitalization of $477.63 million and generates $239.83 million in revenue each year. The company earns $45.35 million in net income (profit) each year or $3.25 on an earnings per share basis.

How many employees does South Plains Financial have?

South Plains Financial employs 653 workers across the globe.

What is South Plains Financial's official website?

The official website for South Plains Financial is www.spfi.bank.

Where are South Plains Financial's headquarters?

South Plains Financial is headquartered at 5219 CITY BANK PARKWAY, LUBBOCK TX, 79407.

How can I contact South Plains Financial?

South Plains Financial's mailing address is 5219 CITY BANK PARKWAY, LUBBOCK TX, 79407. The company can be reached via phone at (806) 792-7101 or via email at [email protected].


This page was last updated on 12/9/2021 by MarketBeat.com Staff

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