South Plains Financial Inc
Research South Plains Financial Inc (SPFI) on Bullrun: valuation model: 26.7% undervalued, market cap USD 823.46M, P/E 11.9, dividend yield 1.6%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerSPFI
- ExchangeNASDAQ
- CountryUnited States
- SectorFinancial Services
- IndustryBanks-Regional
- CurrencyUSD
- Valuation signal26.7% undervalued
- Market capUSD 823.46M
- P/E11.9
- Dividend yield1.6%
- Financial periodQ2 2026
- RevenueUSD 62.88M
- Net incomeUSD 18.99M
- Free cash flowUSD 26.84M
Valuation Snapshot
Bullrun's latest valuation model marks South Plains Financial Inc as 26.7% undervalued; latest market cap is USD 823.46M; P/E is 11.9; dividend yield is 1.6%.
Peer valuation comparison
Latest P/E is 11.91x versus a Financial Services sector median of 13.84x (13.9% below).
Latest dividend yield is 1.56% versus a Financial Services sector median of 3.86% (59.5% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 205.79M | USD 58.47M | USD 71.83M | n/a | 3.44 | USD 552.44M | USD 60.49M | USD 493.84M |
| FY2024 | USD 189.30M | USD 49.72M | USD 56.03M | n/a | 2.92 | USD 359.08M | USD 0 | USD 438.95M |
| FY2023 | USD 176.23M | USD 62.75M | USD 53.86M | n/a | 3.62 | USD 330.16M | USD 110.17M | USD 407.11M |
| FY2022 | n/a | USD 58.24M | USD 119.12M | n/a | 3.23 | USD 234.88M | USD 122.26M | USD 357.01M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 823.46M | 11.9 | 1.6% | 0.68 |
| 2025 | 2025-12-31 | USD 632.19M | 11.3 | 1.6% | 0.62 |
| 2024 | 2024-12-31 | USD 571.84M | 11.9 | 1.6% | 0.56 |
| 2023 | 2023-12-29 | USD 477.33M | 7.8 | 1.8% | 0.52 |
| 2022 | 2022-12-30 | USD 468.00M | 8.3 | 1.7% | 0.46 |
| 2021 | 2021-12-31 | USD 493.91M | 8.8 | 1.1% | 0.3 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.68 USD, yield 1.6%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.62 USD |
| FY2024 | 0.56 USD |
| FY2023 | 0.52 USD |
| FY2022 | 0.46 USD |
About South Plains Financial Inc
South Plains Financial, Inc. operates as a bank holding company for City Bank that provides commercial and consumer financial services to small and medium-sized businesses and individuals. It offers deposit products, including demand deposit accounts, interest-bearing products, savings accounts, and certificate of deposits. The company also provides traditional trust products and services; debit and credit cards;
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Frequently asked questions
Is South Plains Financial Inc overvalued or undervalued?
Bullrun's valuation model currently marks South Plains Financial Inc as 26.7% undervalued.
What is South Plains Financial Inc's market cap?
South Plains Financial Inc's market capitalization is USD 823.46M.
What is South Plains Financial Inc's P/E ratio?
South Plains Financial Inc's price-to-earnings (P/E) ratio is 11.9.
Does South Plains Financial Inc pay a dividend?
South Plains Financial Inc has a dividend yield of 1.6%.
What does South Plains Financial Inc do?
South Plains Financial, Inc. operates as a bank holding company for City Bank that provides commercial and consumer financial services to small and medium-sized businesses and individuals. It offers deposit products, including demand deposit accounts, interest-bearing products, savings accounts, and certificate of deposits.