Saturday 17 October 2026 Export SPFI’s income statement to Excel — free account

South Plains Financial, Inc.

South Plains Financial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $296.9 million, up 2.74% from fiscal 2024. In the quarter to June 2026, revenue grew 16.8%, EPS grew 10.0%, free cash flow grew 104.0% and total debt fell 45.2%, each against the same quarter a year earlier. Dividend growth for five consecutive years; insiders bought in the last twelve months.

43.60 0.65 +1.51%

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Market cap: $809.1M
P/E: 11.4×
Fwd P/E: 11.7×
Dividend yield: 1.56%
F-score: 8/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 12.83

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	1	—	—	—	—	—
Sell	—	—	—	—	—	—	2	—	1	1	—	—

Insider Ownership 21.36%

Capital & Financial Ratios $m

Market Cap 809.14

Revenue 313.11

Net Income 65.11

Free Cash Flow 75.58

Net Debt (727.26)

Current Ratio 0.97

Debt/Equity 0.10

P/E ratio 11.41

Fwd P/E 11.70

P/S ratio 2.66

P/B ratio 1.32

Past 5Y EPS Growth 6.76%

This Y EPS Growth 13.52%

Next Y EPS Growth 7.17%

Next Y revenue growth (15.96%)

Next 5Y EPS Growth 8.30%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 80.03%

10-year low 10-year high

P/S against its own 10 years 97.58%

10-year low 10-year high

P/B against its own 10 years 79.12%

10-year low 10-year high

Dividends

Payout Ratio 0.19

Annual Dividend Rate 0.68

Annual Dividend Yield 1.56%

	total	individual payouts
2027	Powerpack
2026	0.70	0.17 0.17 0.18
2025	0.62	0.15 0.15 0.16 0.16
2024	0.56	0.13 0.14 0.14 0.15
2023	0.52	0.13 0.13 0.13 0.13
2022	0.46	0.11 0.11 0.12 0.12
2021	0.30	0.05 0.07 0.09 0.09
2020	0.14	0.03 0.03 0.03 0.05
2019	0.06	0.03 0.03
2018	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	330	359	552	788
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	3,337	3,413	3,683	4,538

	2023	2024	2025	Q'26
Payables	3,626	3,621	3,874	4,641
ST’ Debt	—	—	—	—
Other	—	—	—	—
	3,688	3,683	3,926	4,701

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%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	74	89	—	—	—
’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	—	—	—
’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	—	—	—
’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.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.85	0.96	—	—	—
’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.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	15.82	11.30	18.51	22.47	18.75	24.05	30.01	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	21.29	22.00	28.13	31.96	30.22	40.91	42.38
People
People	Employees	—	—	684	679	623	680	673	618	600	603
	Revenue/emp, $m	—	0.00	0.25	0.28	0.38	0.34	0.35	0.47	0.48	0.49
Income, $m
Income, $m	Revenue	—	152	170	190	240	233	237	291	289	297
	Gross margin, %	—	89.48	86.79	85.04	93.35	94.29	90.44	75.18	67.54	71.37
	EBT	—	24	25	37	57	73	73	79	63	74
	EBT margin, %	—	15.64	14.92	19.36	23.60	31.45	30.82	27.27	21.90	24.95
	Net income	—	24	29	29	45	59	58	63	50	58
	Depreciation	—	8	6	5	10	11	11	10	9	9
Per share, $
Per share, $	Revenue	—	10.28	11.52	11.27	13.28	12.95	13.66	17.29	17.61	18.23
	Earnings	—	1.60	1.98	1.69	2.48	3.27	3.23	3.71	3.03	3.44
	Cash flow	—	2.39	1.82	1.81	0.31	5.36	7.11	3.48	3.62	4.76
	Capex	—	(0.60)	(0.20)	(0.23)	(0.17)	(0.08)	(0.23)	(0.22)	(0.18)	(0.21)
	Free cash flow	—	1.79	1.62	1.59	0.14	5.28	6.88	3.26	3.44	4.55
	Book value	—	10.71	10.46	18.20	20.50	22.69	20.55	24.17	26.75	30.33
	Shares, m	—	15	15	17	18	18	17	17	16	16
Valuation, ×
Valuation, ×	P/E	—	0.44	0.20	12.20	7.55	8.50	8.29	7.90	11.47	10.81
	P/S	—	0.00	0.05	1.85	1.43	2.15	2.03	1.70	1.97	2.13
	P/B	—	0.00	0.06	1.15	0.92	1.23	1.35	1.21	1.30	1.28
	EV/Sales	—	0.00	(0.36)	1.90	1.00	0.58	1.56	0.94	1.11	0.47
	EV/FCF	—	0.00	(2.58)	13.51	94.06	1.42	3.09	5.00	5.70	1.89
Cash, $m
Cash, $m	Operating cash flow	—	35	27	30	6	96	124	59	59	77
	Capex	—	(9)	(3)	(4)	(3)	(1)	(4)	(4)	(3)	(3)
	Free cash flow	—	26	24	27	3	95	120	55	56	74
Balance, $m
Balance, $m	Working capital	—	(41)	(93)	(423)	(429)	(400)	(474)	(350)	(270)	(243)
	Total debt	—	162	175	168	197	122	122	110	110	60
	Net debt	—	(132)	(71)	10	(103)	(365)	(113)	(220)	(249)	(492)
	Shareholders’ equity	—	158	155	306	370	407	357	407	439	494
Returns, %
Returns, %	ROA	—	0.89	1.11	0.98	1.33	1.56	1.48	1.54	1.18	1.34
	ROIC	—	57.24	18.89	7.26	13.26	106.84	18.70	26.53	20.80	2,448.21
	ROE	—	11.04	18.73	12.68	13.41	15.08	15.24	16.42	11.75	12.54

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
GSBC Great Southern Bancorp, Inc.	$846.0M	12.9×	12.9×	−10.48% (below 0%: shrinking)	−16.18% (below 0%: shrinking)	−93.70% (below 0%: shrinking)	71.23%	0.00%	Compare
CCBG Capital City Bank Group	$836.5M	13.6×	12.5×	+1.35% (above 0%: growing)	+7.95% (above 0%: growing)	−75.79% (below 0%: shrinking)	89.45%	0.00%	Compare
ORRF Orrstown Financial Services Inc	$816.1M	9.3×	8.8×	+0.90% (above 0%: growing)	+8.91% (above 0%: growing)	−5.50% (below 0%: shrinking)	70.78%	0.00%	Compare
SPFI South Plains Financial, Inc.	$809.1M	11.4×	11.7×	+16.84% (above 0%: growing)	+10.00% (above 0%: growing)	+104.00% (above 0%: growing)	72.34%	0.00%
IBCP Independent Bank Corp.	$783.4M	10.2×	10.0×	+5.66% (above 0%: growing)	+12.35% (above 0%: growing)	−1.00% (below 0%: shrinking)	76.53%	0.00%	Compare
HTB HomeTrust Bancshares, Inc.	$776.1M	12.2×	12.9×	−4.58% (below 0%: shrinking)	−5.94% (below 0%: shrinking)	+417.30% (above 0%: growing)	77.45%	0.00%	Compare
FISI Financial Institutions, Inc.	$773.9M	9.6×	9.2×	+0.58% (above 0%: growing)	+24.71% (above 0%: growing)	+397.95% (above 0%: growing)	68.40%	0.00%	Compare
PGC Peapack-Gladstone Financial Corporation	$769.9M	14.8×	11.9×	+10.12% (above 0%: growing)	+97.78% (above 0%: growing)	+388.43% (above 0%: growing)	70.34%	0.00%	Compare
SMBC Southern Missouri Bancorp, Inc.	$769.7M	10.9×	10.3×	+2.83% (above 0%: growing)	+31.43% (above 0%: growing)	−50.54% (below 0%: shrinking)	64.61%	0.00%	Compare
Median of peers	$779.7M	11.6×	11.1×	+1.13%	+10.63%	−3.25%	71.01%	0.00%

All 323 Banks Regional stocks →

South Plains Financial, Inc. (SPFI) key facts

Strength: South Plains Financial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $296.9 million, up 2.74% from fiscal 2024.
South Plains Financial, Inc. (SPFI) is a Banks Regional company in the Financial sector, listed on Nasdaq.
As of October 16, 2026, SPFI traded at $43.60, a market capitalization of $809.1 million.
South Plains Financial, Inc. pays an annual dividend of $0.68 per share, a yield of 1.56%, with a payout ratio of 18.5%.
Return on equity was 12.5% and debt-to-equity 0.10.
Its Piotroski F-score is 8 out of 9 for fiscal 2025.