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SPFI

SOUTH PLAINS FINANCIAL INC

$21.91

Earnings Summary

Revenue
$48.02Mn
Net Profits
$7.08Mn
Net Profit Margins
14.75%

Highlights

Revenue:

SOUTH PLAINS FINANCIAL INC’s revenue jumped 33.78% since last year same period to $48.02Mn in the Q1 2020. On a quarterly growth basis, SOUTH PLAINS FINANCIAL INC has generated 8.13% jump in its revenue since last 3-months.

Net Profits:

SOUTH PLAINS FINANCIAL INC’s net profit jumped 48.4% since last year same period to $7.08Mn in the Q1 2020. On a quarterly growth basis, SOUTH PLAINS FINANCIAL INC has generated -29.93% fall in its net profits since last 3-months.

Net Profit Margins:

SOUTH PLAINS FINANCIAL INC’s net profit margin jumped 10.93% since last year same period to 14.75% in the Q1 2020. On a quarterly growth basis, SOUTH PLAINS FINANCIAL INC has generated -35.2% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the SOUTH PLAINS FINANCIAL INC post its latest quarter earnings

EPS Estimate Current Quarter
0.63
EPS Estimate Current Year
0.63

Highlights

EPS Estimate Current Quarter:

SOUTH PLAINS FINANCIAL INC’s earning per share (EPS) estimates for the current quarter stand at 0.63 - a -10% fall from last quarter’s estimates.

EPS Estimate Current Year:

SOUTH PLAINS FINANCIAL INC’s earning per share (EPS) estimates for the current year stand at 0.63.

Key Ratios

Key ratios of the SOUTH PLAINS FINANCIAL INC post its Q4 2022 earnings

Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.15
Dividend Per Share (DPS)
0.12

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. SOUTH PLAINS FINANCIAL INC’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. SOUTH PLAINS FINANCIAL INC’s return on equity (ROE) stands at 0.15.

Dividend Per Share (DPS):

SOUTH PLAINS FINANCIAL INC declared 0.12 dividend per share during the earnings announcement for Q4 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-03-08
0.67
0.79
17.91%
2021-11-04
0.73
0.82
12.33%
2021-08-09
0.66
0.74
12.12%
2021-05-10
0.69
0.82
18.84%

Company Information

South Plains Financial Inc. is the bank holding company for City Bank, a Texas state-chartered bank headquartered in Lubbock, Texas. City Bank is one of the largest independent banks 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 and Eastern New Mexico markets. South Plains provides a wide 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 insurance, investment, trust and mortgage services.

Organisation
SOUTH PLAINS FINANCIAL INC
Headquarters
5219 City Bank Parkway, Lubbock, TX, United States, 79407
Employees
600
Industry
Financial Conglomerates