South Plains Financial Inc
SPFI
NASDAQ
Banking
$45.37
USD
+0.87 (+1.96%)
At close: Jul 28, 2026, 4:00 PM EDT
Market Cap $849.69M
Volume 223.7K
About South Plains Financial Inc
South Plains Financial, Inc. is a bank holding company, which engages in the provision of commercial and consumer financial services. The company is headquartered in Lubbock, Texas and currently employs 545 full-time employees. The company went IPO on 2019-05-09. The Bank is an independent bank in West Texas and has additional banking operations in the Dallas, El Paso, Greater Houston, the Permian Basin, and College Station, Texas markets, and the Ruidoso, New Mexico market. The company provides a range of commercial and consumer financial services to small and medium-sized businesses and individuals in its market areas. Its principal business activities include commercial and retail banking, along with investment, trust and mortgage services. The Bank is primarily involved in real estate, commercial, agricultural and consumer lending activities with customers throughout Texas and Eastern New Mexico. The company offers a variety of deposit products, including demand deposit accounts, interest-bearing products, savings accounts and certificates of deposits. The company offers a range of traditional trust products and services along with several retirement services and products.
CEO
Mr. Curtis Griffith
HQ
Lubbock, TEXAS, US
Founded
2019
Employees
545
Quantli Score
8.4
Outperform
Fin. Health
8.1
Profitability
7.6
Growth
9.0
Cash-Flow Q.
8.8
Key Metrics
7 metrics our research team weighs before forming a view on SPFI.
Based on Quantli research · SEC filings · as of Q1 2026
METRIC
VALUE
CHANGE
TREND (3Y)
Revenue Growth (TTM)
3.8%
+8.3 pp
Gross Margin (TTM)
72.2%
+4.0 pp
Operating Margin (TTM)
25.6%
+3.1 pp
Net Margin (TTM)
20.2%
+2.6 pp
ROE (TTM)
12.0%
+0.5 pp
EPS Growth (TTM)
18.7%
+38.5 pp
Free Cash Flow (TTM)
$61.89M
-4.5%
Financial Snapshot
Revenue
$300.27M
+3.8%
YoY
Gross Margin
72%
TTM
+5.8%
YoY
Net Income
$60.72M
+18.7%
YoY
Operating Cash Flow
$67.56M
+1.9%
YoY
Key Statistics
Open
$44.90
Previous Close
$44.50
Day Range
$44.05 - $45.48
52 Week Range
$35.34 - $46.94
Volume
223.7K
Average Volume (10 Days)
170.0K
Market Cap
$849.69M
P/E Ratio (TTM)
13.05
P/S Ratio (TTM)
2.83
Dividend Yield
1.22%
Valuation Measurement
Market Cap
$849.69M
Trailing P/E
13.05
Price / Sales
2.83
Price / Book
1.68
Financial Highlights
Profit Margin
20.2%
Return on Assets
1.3%
Return on Equity
12.0%
Revenue (TTM)
$300.27M
Net Income (TTM)
$60.72M
Diluted EPS (TTM)
$3.56
Total Cash (MRQ)
$45.88M
Levered FCF (TTM)
$61.89M
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Analyst Consensus
Based on 1 analyst ratings
Avg Target: $53.00
(+16.8% upside)
High: $53.00 · Low: $53.00
Strong Buy
0%
Buy
100%
Hold
0%
Sell
0%
Strong Sell
0%