SPFI Stock Analysis: South Plains Financial | NASDAQ
Banks - Regional | NASDAQ, USA | Market Cap: 830m USD | 12M Return: 11.8% | US83946P1075 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.36M
EPS Trend: 96.6%
Qual. Beats: 1
Rev. Trend: 96.0%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 7.4 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
South Plains Financial, Inc. (NASDAQ: SPFI) is the holding company for City Bank, a community-oriented financial institution founded in 1941 and headquartered in Lubbock, Texas. The company targets small and medium-sized businesses and individual consumers, a typical focus for community and regional banks serving their local trade areas.
The companys core activities span traditional retail banking-including demand and interest-bearing deposits, CDs, debit/credit cards, and trust services-as well as broader wealth and retirement offerings such as IRAs, defined benefit and profit-sharing plans, mutual funds, annuities, and municipal and Treasury securities. Its loan portfolio is notably diversified across sectors important to the West Texas economy, including agricultural production, energy, commercial real estate, construction, and 1-4 family residential mortgages, complemented by mortgage banking services.
SPFI trades as a small-cap stock following its May 2019 IPO and is classified within the GICS Regional Banks sub-industry, reflecting its status as a publicly listed community banking franchise rather than a large money-center or super-regional institution.
- Net interest margin expands with sustained Fed rate levels
- Energy loan portfolio exposed to Texas oil price volatility
- Commercial real estate lending faces regional credit headwinds
| Net Income: 65.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.07 > 1.0 |
| NWC/Revenue: -1.08k% < 20% (prev -1.06k%; Δ -25.09% < -1%) |
| CFO/TA 0.01 > 3% & CFO 80.7m > Net Income 65.1m |
| Net Debt (-1.28b) to EBITDA (88.3m): -14.53 < 3 |
| Current Ratio: 0.29 > 1.5 & < 3 |
| Outstanding Shares: last quarter (19.8m) vs 12m ago 17.31% < -2% |
| Gross Margin: 72.03% > 18% (prev 67.25%; Δ 4.78% > 0.5%) |
| Asset Turnover: 6.21% > 50% (prev 6.63%; Δ -0.42% > 0%) |
| Interest Coverage Ratio: 0.95 > 6 (EBIT TTM 82.4m / Interest Expense TTM 86.4m) |
| A: -0.61 (Total Current Assets 1.35b - Total Current Liabilities 4.64b) / Total Assets 5.39b |
| B: 0.09 (Retained Earnings 461.7m / Total Assets 5.39b) |
| C: 0.02 (EBIT TTM 82.4m / Avg Total Assets 4.88b) |
| D: 0.13 (Book Value of Equity 629.8m / Total Liabilities 4.76b) |
| Altman-Z'' = -3.47 = D |
| DSRI: 1.08 (Receivables 20.3m/18.0m, Revenue 303.1m/289.4m) |
| GMI: 0.93 (GM 67.25% / 72.03%) |
| AQI: 0.89 (AQ_t 0.74 / AQ_t-1 0.83) |
| SGI: 1.05 (Revenue 303.1m / 289.4m) |
| TATA: -0.00 (NI 65.1m - CFO 80.7m) / TA 5.39b) |
| Beneish M = -3.06 (Cap -4..+1) = AA |
As of September 27, 2026, the stock is trading at USD 43.00 with a total of 111,752 shares traded. Over the past week, the price has changed by -2.01%, over one month by -1.62%, over three months by +0.76% and over the past year by +11.77%.
Current recommended Stop Loss: 40.60 (which is 5.6% or 2.7 ATR below the current price).
South Plains Financial has received a consensus analysts rating of 4.25. Therefore, it is recommended to buy SPFI.
- StrongBuy: 1
- Buy: 3
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 50.8 | 18% |
P/E Trailing = 11.9783
P/S = 3.7102
P/B = 1.3112
Revenue TTM = 303.1m USD
EBIT TTM = 82.4m USD
EBITDA TTM = 88.3m USD
Long Term Debt = 60.5m USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 60.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.28b USD (calculated: Debt 60.5m - CCE 1.34b)
Enterprise Value = 830.4m USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 0.95 (Ebit TTM 82.4m / Interest Expense TTM 86.4m)
EV/FCF = 11.00x (Enterprise Value 830.4m / FCF TTM 75.5m)
FCF Yield = 9.09% (FCF TTM 75.5m / Enterprise Value 830.4m)
FCF Margin = 24.91% (FCF TTM 75.5m / Revenue TTM 303.1m)
Net Margin = 21.48% (Net Income TTM 65.1m / Revenue TTM 303.1m)
Gross Margin = 72.03% ((Revenue TTM 303.1m - Cost of Revenue TTM 84.8m) / Revenue TTM)
Gross Margin QoQ = 74.62% (prev 72.89%)
Tobins Q-Ratio = 0.15 (Enterprise Value 830.4m / Total Assets 5.39b)
Interest Expense / Debt = 142.8% (Interest Expense 86.4m / Debt 60.5m)
Taxrate = 20.97% (17.3m / 82.4m)
NOPAT = 65.1m (EBIT 82.4m * (1 - 20.97%))
Current Ratio = 0.29 (Total Current Assets 1.35b / Total Current Liabilities 4.64b)
Debt / Equity = 0.10 (Debt 60.5m / totalStockholderEquity, last quarter 629.8m)
Debt / EBITDA = -14.53 (Net Debt -1.28b / EBITDA 88.3m)
Debt / FCF = -16.99 (Net Debt -1.28b / FCF TTM 75.5m)
Total Stockholder Equity = 526.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.33% (Net Income 65.1m / Total Assets 5.39b)
RoE = 12.36% (Net Income TTM 65.1m / Total Stockholder Equity 526.6m)
RoCE = 14.03% (EBIT 82.4m / Capital Employed (Equity 526.6m + L.T.Debt 60.5m))
RoIC = 8.85% (NOPAT 65.1m / Invested Capital 735.4m)
WACC = 7.29% (E(830.4m)/V(890.9m) * Re(7.82%) + (debt cost/tax rate unavailable))
Discount Rate = 7.82% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 52.74 | Cagr: 7.21%
[DCF] Terminal Value 77.97% ; FCFF base≈68.6m ; Y1≈78.6m ; Y5≈115.7m
[DCF] Fair Price = 160.5 (EV 1.74b - Net Debt -1.28b = Equity 3.02b / Shares 18.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 96.61 | EPS CAGR: 17.45% | SUE: 1.05 | # QB: 1
Revenue Correlation: 96.02 | Revenue CAGR: 8.07% | SUE: 0.58 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.99 | Chg30d=+0.25% | Revisions=-40% | Analysts=4
EPS current Year (2026-12-31): EPS=3.90 | Chg30d=+1.45% | Revisions=+50% | GrowthEPS=+13.4% | GrowthRev=+17.7%
EPS next Year (2027-12-31): EPS=4.17 | Chg30d=+1.65% | Revisions=+0% | GrowthEPS=+6.8% | GrowthRev=+8.5%
[Analyst] Revisions Ratio: +10% (up=4, down=3)