Pricing Log in Create free account
Friday 6 November 2026 Export SPFI’s income statement to Excel — free account

South Plains Financial, Inc.

SPFI Financial Banks Regional

South Plains Financial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $296.9 million, up 2.74% from fiscal 2024.

Revenue
+19.2%
EPS
+10.2%
Free cash flow
+36.1%
Total debt
0.00%

Quarter to September 2026, against a year earlier

42.86 1.08 −2.46%
Market cap
$807.8M
P/E
10.9×
Fwd P/E
11.3×
Dividend yield
1.66%
F-score
8/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Sold, $m 15.14
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — 1 — — — — — —
Sell — — — — — 2 — 1 1 — — 1
Insider Ownership 20.24%

Capital & Financial Ratios $m

Size
Market Cap 807.80
Revenue ttm 327.65
Net income ttm 69.56
Free cash flow ttm 83.68
Net debt Q (716.24)
Valuation
P/E 10.93
Forward P/E 11.30
Price / sales 2.47
Forward P/S Powerpack
Price / FCF 9.65
Price / book 1.30
Financial health
Current ratio Q 0.97
Debt / equity Q 0.10
Interest coverage Q —
Growth
Revenue growth Q +19.20% (above 0%: growing)
Operating income growth Q +27.62% (above 0%: growing)
EPS, this year +14.83%
EPS, next year A +5.06%
Revenue, next year A −16.40% (below 0%: weak)
EPS, past 5 yrs +6.76%
EPS, next 5 yrs A +9.06%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 72.27%
10-year low 10-year high
P/S against its own 10 years 95.91%
10-year low 10-year high
P/B against its own 10 years 73.52%
10-year low 10-year high

Dividends raised every year since 2019

Yield
1.66%
Annual rate
0.71
Payout ratio
18.8%
Growth, 2019–26
+42.3%/yr
  1. 0.06 ’19
  2. 0.14 ’20 +133
  3. 0.30 ’21 +114
  4. 0.46 ’22 +53
  5. 0.52 ’23 +13
  6. 0.56 ’24 +8
  7. 0.62 ’25 +11
  8. 0.71 ’26 +15
paid change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 330 359 552 777
Receivables — — — —
Inventory — — — —
Other — — — —
3,337 3,413 3,683 4,586
2023 2024 2025 Q'26
Payables 3,626 3,621 3,874 4,661
ST’ Debt — — — —
Other — — — —
3,688 3,683 3,926 4,728

Compound Annual Growth %

10y 5y 3y
Sales — 4.36% 7.75%
Cash Flow — 68.96% (14.41%)
Earnings — 5.21% 0.13%
Book Value — 5.94% 11.42%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 0.97 Actual 1.06

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 0.84 0.90 Beat by 0.06
Q1 FY26 0.88 0.85 Miss by 0.03
Q2 FY26 0.86 0.96 Beat by 0.10
Q3 FY26 0.97 1.06 Beat by 0.09
Q4 FY26 0.97 — Reports 25 January 2027

EPS $

Mar Jun Sep Dec Year
’26 0.85 0.96 1.06 — —
’25 0.72 0.86 0.96 0.90 3.44
’24 0.64 0.66 0.66 0.96 2.92
’23 0.53 1.71 0.78 0.61 3.63
’22 0.78 0.88 0.86 0.71 3.23
’21 0.82 0.74 0.82 0.79 3.17
’20 0.38 0.31 0.92 0.87 2.48
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 74 89 90 — —
’25 71 76 76 74 297
’24 70 72 72 75 289
’23 58 98 69 66 291
’22 57 60 62 59 237
’21 59 55 60 58 233
’20 55 59 66 60 240
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 16 28 31 — —
’25 26 15 24 12 77
’24 19 18 18 4 59
’23 25 0 26 7 59
’22 71 19 29 5 124
’21 8 61 8 19 96
’20 4 (13) 42 (28) 6
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 15 27 31 — —
’25 27 13 22 11 74
’24 19 17 17 3 56
’23 24 (1) 25 7 55
’22 69 18 28 4 120
’21 8 60 7 19 95
’20 3 (14) 42 (28) 3
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — 152 170 190 240 233 237 291 289 297 328 +8.7% 248 266 282 (1.7%)
Gross margin, % — 89.48 86.79 85.04 93.35 94.29 90.44 75.18 67.54 71.37 72.58 (18.1) pt
EBT — 24 25 37 57 73 73 79 63 74 88 +15.3%
EBT margin, % — 15.64 14.92 19.36 23.60 31.45 30.82 27.27 21.90 24.95 26.89 +9.3 pt
Net income — 24 29 29 45 59 58 63 50 58 70 +12.0%
Per share, $
Per share, $ Revenue — 10.28 11.52 11.27 13.28 12.95 13.66 17.29 17.61 18.23 17.39 +7.4%
Earnings — 1.60 1.98 1.69 2.48 3.27 3.23 3.71 3.03 3.44 3.92 +10.0%
Cash flow — 2.39 1.82 1.81 0.31 5.36 7.11 3.48 3.62 4.76 4.64 +9.0%
Capex — (0.60) (0.20) (0.23) (0.17) (0.08) (0.23) (0.22) (0.18) (0.21) (0.20) (12.3%)
Free cash flow — 1.79 1.62 1.59 0.14 5.28 6.88 3.26 3.44 4.55 4.44 +12.3%
Book value — 10.71 10.46 18.20 20.50 22.69 20.55 24.17 26.75 30.33 33.05 +13.9%
Shares, m — 15 15 17 18 18 17 17 16 16 18 +1.2%
Valuation, ×
Valuation, × P/E — 0.44 0.20 12.20 7.55 8.50 8.29 7.90 11.47 10.81 10.93 7.5
P/S — 0.00 0.05 1.85 1.43 2.15 2.03 1.70 1.97 2.13 2.47 1.5
P/B — 0.00 0.06 1.15 0.92 1.23 1.35 1.21 1.30 1.28 1.30 0.9
EV/Sales — 0.00 (0.36) 1.90 1.00 0.58 1.56 0.94 1.11 0.47 — 0.8
EV/FCF — 0.00 (2.58) 13.51 94.06 1.42 3.09 5.00 5.70 1.89 — 13.6
Cash, $m
Cash, $m Operating cash flow — 35 27 30 6 96 124 59 59 77 87 +10.3%
Capex — (9) (3) (4) (3) (1) (4) (4) (3) (3) (4) (11.3%)
Free cash flow — 26 24 27 3 95 120 55 56 74 84 +13.7%
Balance, $m
Balance, $m Working capital — (41) (93) (423) (429) (400) (474) (350) (270) (243) (141) +25.0%
Net debt — (132) (71) 10 (103) (365) (113) (220) (249) (492) (716) +17.8%
Shareholders’ equity — 158 155 306 370 407 357 407 439 494 623 +15.3%
Returns, %
Returns, % ROA — 0.89 1.11 0.98 1.33 1.56 1.48 1.54 1.18 1.34 1.41 +0.5 pt
ROIC — 57.24 18.89 7.26 13.26 106.84 18.70 26.53 20.80 2,448.21 0.00 +2,391.0 pt
ROE — 11.04 18.73 12.68 13.41 15.08 15.24 16.42 11.75 12.54 12.64 +1.5 pt
People
People Employees — — 684 679 623 680 673 618 600 603 — (1.8%)
Revenue/emp, $m — 0.00 0.25 0.28 0.38 0.34 0.35 0.47 0.48 0.49 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

South Plains Financial, Inc. vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ALRS Alerus Financial $837.6M 28.4× 10.5× +4.46% (above 0%: growing) +16.67% (above 0%: growing) +136.92% (above 0%: growing) 77.55% 0.00% Compare
RCBC River City Bank $828.4M — — — — — 51.62% 0.00% Compare
SMBK SmartFinancial, Inc. $819.7M 14.1× 12.6× +9.67% (above 0%: growing) +38.57% (above 0%: growing) +68.13% (above 0%: growing) 65.11% 0.00% Compare
PGC Peapack-Gladstone Financial Corporation $811.6M 15.6× 12.2× +10.12% (above 0%: growing) +97.78% (above 0%: growing) +388.43% (above 0%: growing) 70.34% 0.00% Compare
SPFI South Plains Financial, Inc. $807.8M 10.9× 11.3× +19.20% (above 0%: growing) +10.19% (above 0%: growing) +36.07% (above 0%: growing) 72.35% 0.00%
IBCP Independent Bank Corp. $802.2M 10.6× 10.8× +14.65% (above 0%: growing) −4.71% (below 0%: shrinking) −1.00% (below 0%: shrinking) 76.31% 0.00% Compare
SMBC Southern Missouri Bancorp, Inc. $776.7M 11.0× 10.6× +2.83% (above 0%: growing) +31.43% (above 0%: growing) −50.54% (below 0%: shrinking) 64.61% 0.00% Compare
FISI Financial Institutions, Inc. $771.3M 9.7× 9.4× +0.58% (above 0%: growing) +24.71% (above 0%: growing) +397.95% (above 0%: growing) 68.40% 0.00% Compare
AGBK AGI, Inc. $769.3M — — — — −476.07% (below 0%: shrinking) 45.30% 0.00% Compare
Median of peers $806.9M 12.5× 10.7× +7.06% +28.07% +68.13% 66.76% 0.00%

All 327 Banks Regional stocks →

Pay and ownership Proxy statement filed 6 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 2.27m 2.33m 150.10
2024 2.07m 2.27m 132.15
2023 2.05m 1.95m 108.11
2022 2.08m 2.06m 100.66

Ownership

Directors and executive officers, together 24.29%
Richard D. Campbell 9.66%
Henry TAW LP 9.36%
BlackRock, Inc. 7.44%
Curtis C. Griffith 5.97%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

South Plains Financial, Inc. (SPFI) Latest News

2 Nov

Impact 3 · · The Motley Fool

24 Oct

Impact 3 · · Simply Wall St.

23 Oct

Impact 4 · · Moby transcript

22 Oct

Impact 4 · · MarketBeat transcript
Impact 4 · · GlobeNewswire
Impact 3 · · Zacks
Impact 3 · · Zacks
Impact 3 · · Associated Press earnings

17 Jul

Impact 3 · transcript
Impact 3 · · Moby transcript
Impact 3 ·
Impact 3 · · MarketBeat transcript
Impact 3 · · InvestorsHub
Impact 3 ·

23 Jun

Impact 3 · · lubbockonline.com

17 Jun

Impact 3 ·

29 Apr

Impact 4 · · GuruFocus.com
Impact 3 · · Moby

28 Apr

Impact 4 · · The Motley Fool transcript
Impact 4 · · Zacks
Impact 4 · · MarketBeat
Impact 4 · · The Motley Fool transcript
Impact 3 · · Zacks
Impact 3 · · GlobeNewswire

21 Apr

Impact 4 · · The Motley Fool transcript

11 Apr

Impact 4 · · Simply Wall St.

1 Apr

Impact 4 · · GlobeNewswire

27 Mar

Impact 4 · · Simply Wall St.

23 Mar

Impact 5 · · GlobeNewswire

13 Mar

Impact 4 · · Simply Wall St.
stockrow.com/SPFI · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com