South Plains Financial, Inc. financial data

Symbol
SPFI on Nasdaq
Industry
State Commercial Banks
Location
5219 City Bank Parkway, Lubbock, TX
State of incorporation
TX
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Mar 7, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 895 % -8.51%
Return On Equity 11.6 % -28.6%
Return On Assets 1.17 % -22.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 16.5M shares +0.32%
Common Stock, Shares, Outstanding 16.4M shares -1.29%
Entity Public Float 329M USD +18.9%
Common Stock, Value, Issued 16.5M USD +0.24%
Weighted Average Number of Shares Outstanding, Basic 16.4M shares -2.57%
Weighted Average Number of Shares Outstanding, Diluted 17M shares -1.74%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 63.3M USD -20.3%
Income Tax Expense (Benefit) 13.6M USD -18.6%
Net Income (Loss) Attributable to Parent 49.7M USD -20.8%
Earnings Per Share, Basic 3.03 USD/shares -18.8%
Earnings Per Share, Diluted 2.92 USD/shares -19.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 359M USD +8.76%
Deferred Income Tax Assets, Net 22.8M USD +17.7%
Property, Plant and Equipment, Net 53M USD -3.85%
Operating Lease, Right-of-Use Asset 7.97M USD -8.21%
Goodwill 19.3M USD 0%
Assets 4.23B USD +0.65%
Liabilities 3.79B USD -0.12%
Accumulated Other Comprehensive Income (Loss), Net of Tax -60.6M USD -17.3%
Retained Earnings (Accumulated Deficit) 386M USD +11.7%
Stockholders' Equity Attributable to Parent 439M USD +7.82%
Liabilities and Equity 4.23B USD +0.65%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 19.2M USD -24.5%
Net Cash Provided by (Used in) Financing Activities 10.1M USD -89.8%
Net Cash Provided by (Used in) Investing Activities 12.5M USD
Common Stock, Shares Authorized 30M shares 0%
Common Stock, Shares, Issued 16.5M shares +0.24%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 359M USD +8.76%
Interest Paid, Excluding Capitalized Interest, Operating Activities 24.2M USD +83%
Deferred Tax Assets, Gross 35.2M USD +8.27%
Operating Lease, Liability 8.91M USD -7.52%
Payments to Acquire Property, Plant, and Equipment 474K USD -69.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 40.8M USD -46.5%
Lessee, Operating Lease, Liability, to be Paid 11.5M USD -8.97%
Property, Plant and Equipment, Gross 125M USD -2.32%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.56M USD +8.42%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.64M USD -7.62%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) 88K USD +87.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.61M USD -13.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.44M USD +4.36%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.28M USD -3.63%
Operating Lease, Payments 2M USD +1.42%
Additional Paid in Capital 97.3M USD +0.19%
Depreciation, Depletion and Amortization 1.63M USD -4.3%
Operating Leases, Future Minimum Payments Due 255K USD
Interest Expense 82.5M USD +152%