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SPFI

SOUTH PLAINS FINANCIAL INC

$21.67

Earnings Summary

Q4 FY2022-2023Q3 FY2022-2023Q2 FY2022-2023Q1 FY2022-2023Q4 FY2021-2022Q3 FY2021-2022Q2 FY2021-2022Q1 FY2021-2022Q4 FY2020-2021Q3 FY2020-2021Q2 FY2020-2021Q1 FY2020-2021Q4 FY2019-2020Q3 FY2019-2020Q2 FY2019-2020Q1 FY2019-2020
Revenue
$52.32Mn
Net Profits
$14.28Mn
Net Profit Margins
27.29%

Highlights

Revenue:

SOUTH PLAINS FINANCIAL INC’s revenue fell -4.86% since last year same period to $52.32Mn in the Q1 2022. On a quarterly growth basis, SOUTH PLAINS FINANCIAL INC has generated -1.32% fall in its revenue since last 3-months.

Net Profits:

SOUTH PLAINS FINANCIAL INC’s net profit fell -5.82% since last year same period to $14.28Mn in the Q1 2022. On a quarterly growth basis, SOUTH PLAINS FINANCIAL INC has generated -2.3% fall in its net profits since last 3-months.

Net Profit Margins:

SOUTH PLAINS FINANCIAL INC’s net profit margin fell -1% since last year same period to 27.29% in the Q1 2022. On a quarterly growth basis, SOUTH PLAINS FINANCIAL INC has generated -0.99% 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

20222021202020192018
Earnings DateEstimated EPSReported EPSSurprise %
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%
2022-03-08
0.67
0.79
17.91%

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