Latest On South Plains Financial, Inc (SPFI):
| Date/Time | Type | Description | Signal | Details |
|---|---|---|---|---|
| 2024-07-29 05:53 EST | Dividend | A dividend of $0.14 has been announced on Jul 18, 2024. It will be paid Aug 12, 2024 with an ex-dividend date of Jul 29, 2024. | Neutral |  |
| 2024-04-26 05:53 EST | Dividend | A dividend of $0.14 has been announced on Apr 18, 2024. It will be paid May 13, 2024 with an ex-dividend date of Apr 26, 2024. | Neutral | |
| 2024-01-26 04:54 EST | Dividend | A dividend of $0.13 has been announced on Jan 18, 2024. It will be paid Feb 12, 2024 with an ex-dividend date of Jan 26, 2024. | Neutral | |
| 2023-10-27 05:53 EST | Dividend | A dividend of $0.13 has been announced on Oct 19, 2023. It will be paid Nov 13, 2023 with an ex-dividend date of Oct 27, 2023. | Neutral | |
| 2023-07-28 05:53 EST | Dividend | A dividend of $0.13 has been announced on Jul 20, 2023. It will be paid Aug 14, 2023 with an ex-dividend date of Jul 28, 2023. | Neutral | |
About South Plains Financial, Inc (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. The company operates through two segments, Community 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, and 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 r read more...ecreational 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 26 full-service banking locations; and 12 loan production offices located throughout Texas and Eastern New Mexico. South Plains Financial, Inc. was founded in 1941 and is headquartered in Lubbock, Texas.
General
- Name South Plains Financial, Inc
- Symbol SPFI
- Type Common Stock
- Exchange NASDAQ
- Currency USD
- Country USA
- SectorFinancial Services
- IndustryBanks-Regional
- Full Time Employees 623
- Fiscal Year EndDecember
- IPO Date2019-05-09
- Gic SectorFinancials
- Gic GroupBanks
- Gic IndustryBanks
- Web URLhttp://www.spfi.bank
Valuation
- Trailing PE 9.15
- Price/Sales (Trailing 12 Mt.) 2.03
- Price/Book (Most Recent Quarter) 1.22
Financials
- Most Recent Quarter 2020-12-31
- Current Year EPS Estimate $2.30
- Next Year EPS Estimate $1.97
- Next Quarter EPS Estimate $0.64
- Profit Margin 23%
- Operating Margin 29%
- Return on Assets 1%
- Return on Equity 13%
- Revenue 198.32 million
- Earnings Per Share $2.47
- Revenue Per Share $10.98
- Gross Profit 198.32 million
- Quarterly Earnings Growth 26.8%
Highlights
- Market Capitalization 407.99 million
- PE Ratio 12.48
- Analyst Target Price $24.5
- Book Value Per Share $20.47
Share Statistics
- Shares Outstanding 18.04 million
- Shares Float 10.72 million
- % Held by Insiders 4057%
- % Held by Institutions 22.39%
- Shares Short 66029
- Shares Short Prior Month 69285
- Short Ratio 3.01
- Short % of Float 1%
Technicals
- 52 Week High $25.08
- 52 Week Low $11.21
- 50 Day Moving Average 20.77
- 200 Day Moving Average 17.57
Dividends
- Forward Annual Dividend Rate $0.2
- Forward Annual Dividend Yield 0.87%
- Payout Ratio 6%
- Dividend Date 2021-02-16
- ExDividend Date 2021-01-29
- Dividend Per Share $0.14
- Dividend Yield 1.53%
South Plains Financial, Inc (SPFI) Dividend Calendar:
South Plains Financial, Inc pays an annual dividend of $0.2 per share, with a dividend yield of 1.53%.
SPFI's last dividend payment was made to shareholders on February 16, 2021.
South Plains Financial, Inc pays out 6% of its earnings out as a dividend.
South Plains Financial, Inc (SPFI) Earnings History:
Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.
South Plains Financial, Inc (SPFI) Company Financial Statements:
Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.
Income Statement:
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Cash Flow:
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Balance Sheet:
| Date |
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South Plains Financial, Inc (SPFI) Chart:
South Plains Financial, Inc (SPFI) News:
Below you will find a list of latest news for South Plains Financial, Inc (SPFI) from major news sources. You can filter the results to only show news from a specific source.
No recent news available
South Plains Financial, Inc (SPFI) Options:
A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.
Latest SPFI Trades:
South Plains Financial, Inc (SPFI) SEC Filings:
An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.
| Date | Form Type | View |
|---|---|---|
| 2020-11-06 | 10-Q (Quarterly report [Sections 13 or 15(d)]) | |
| 2020-11-02 | 8-K (Current report) | |
| 2020-10-27 | 8-K (Current report) | |
| 2020-10-22 | 8-K (Current report) | |
| 2020-10-02 | D (Notice of Exempt Offering of Securities) | |
| 2020-09-30 | 8-K (Current report) | |
| 2020-08-14 | 10-Q (Quarterly report [Sections 13 or 15(d)]) | |
| 2020-07-30 | 8-K (Current report) | |
| 2020-07-29 | 8-K (Current report) | |
| 2020-07-16 | 8-K (Current report) | |
| 2020-06-03 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-06-03 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-06-01 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-05-29 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-05-27 | 4 (Statement of changes in beneficial ownership of securities) | |
| 2020-05-21 | 8-K (Current report) | |
| 2020-05-13 | 10-Q (Quarterly report [Sections 13 or 15(d)]) | |
| 2020-05-05 | DEFA14A (Additional definitive proxy soliciting materials and Rule 14(a)(12) material) | |
| 2020-04-30 | 8-K (Current report) | |
| 2020-04-16 | 8-K (Current report) | |
South Plains Financial, Inc (SPFI) Insider Transactions:
Here you will find a list of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of South Plains Financial, Inc (SPFI). Company insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
Insider Ownership: 4057%
Institutional Ownership: 2239%
| Transaction Date | Insider Name | Insider Title | Type | Shares Number | Shares Price | Total Transaction | Shares Held After Transaction | Link |
|---|---|---|---|---|---|---|---|---|
| 2020-06-01 | Curtis C Griffith | Chairman and CEO | Buy | 500.00 | 13.00 | 6,500.00 | 2,386,021.00 | |
| 2020-05-29 | Kyle R Wargo | Director | Buy | 400.00 | 13.35 | 5,340.00 | 8,866.00 | |
| 2020-05-27 | Kyle R Wargo | Director | Buy | 400.00 | 13.25 | 5,300.00 | 8,466.00 | |
| 2020-05-26 | Curtis C Griffith | Chairman & CEO | Buy | 1,500.00 | 13.11 | 19,665.00 | 2,385,521.00 | |
| 2020-05-22 | Curtis C Griffith | Chairman & CEO | Buy | 1,500.00 | 12.96 | 19,447.05 | 2,384,021.00 | |
| 2020-03-13 | Richard D Campbell | Director | Buy | 4,380.00 | 16.58 | 72,631.35 | 1,703,787.00 | |
| 2020-03-13 | Curtis C Griffith | Chairman & CEO | Buy | 1,000.00 | 16.51 | 16,510.00 | 2,382,521.00 | |
| 2020-03-12 | Cory T Newsom | President | Buy | 2,000.00 | 17.21 | 34,428.80 | 167,391.00 | |
| 2020-03-12 | Richard D Campbell | Director | Buy | 9,407.00 | 15.99 | 150,453.68 | 1,699,407.00 | |
| 2020-03-12 | Curtis C Griffith | Chairman & CEO | Buy | 2,000.00 | 16.55 | 33,095.80 | 2,381,521.00 | |
| 2020-03-12 | Richard D Campbell | Director | Buy | 3,087.00 | 15.76 | 48,636.61 | 44,993.00 | |
| 2020-03-12 | Richard D Campbell | Director | Buy | 100.00 | 16.67 | 1,667.00 | 45,093.00 | |
| 2020-03-11 | Cory T Newsom | President | Buy | 1,000.00 | 17.94 | 17,943.70 | 165,391.00 | |
| 2020-03-11 | Curtis C Griffith | Chairman & CEO | Buy | 1,000.00 | 17.62 | 17,623.00 | 2,379,521.00 | |
| 2020-02-19 | Richard D Campbell | Director | Buy | 1,194.00 | 41,906.00 | | ||
| 2020-02-19 | Allison Navitskas | Director | Buy | 1,194.00 | 4,866.00 | | ||
| 2020-02-19 | Cynthia B Keith | Director | Buy | 1,194.00 | 4,866.00 | | ||
| 2020-02-19 | Kyle R Wargo | Director | Buy | 1,194.00 | 8,066.00 | | ||
| 2020-02-19 | Noe G Valles | Director | Buy | 1,194.00 | 84,466.00 | | ||
| 2019-12-31 | Cory T Newsom | President | Buy | 6,000.00 | 9.49 | 56,940.00 | 167,904.00 | |