South Competitors
| SPFI Stock | USD 43.03 0.18 0.42% |
South Plains vs Financial Institutions Correlation
Almost no diversification
The correlation between South Plains Financial and FISI is 0.96 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding South Plains Financial and FISI in the same portfolio, assuming nothing else is changed.
Moving together with South Stock
| 0.82 | BIRG | Bank of Ireland | PairCorr |
| 0.9 | AX | Axos Financial | PairCorr |
| 0.68 | VABK | Virginia National | PairCorr |
| 0.82 | FFIN | First Financial Bank Normal Trading | PairCorr |
Moving against South Stock
The South Plains' current Return On Equity is estimated to increase to 0.15, while Return On Tangible Assets are projected to decrease to 0.01. As of now, South Plains' Non Currrent Assets Other are increasing as compared to previous years. The South Plains' current Total Current Assets is estimated to increase to about 645.3 M, while Total Assets are projected to decrease to under 4 B.South Plains Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between South Plains and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of South and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of South Plains Financial does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between South Stock performing well and South Plains Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze South Plains' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SMBK | 1.13 | 0.22 | 0.14 | 0.34 | 1.24 | 2.98 | 8.85 | |||
| SMBC | 1.23 | 0.23 | 0.15 | 0.38 | 1.18 | 3.00 | 10.20 | |||
| FCBC | 1.54 | 0.34 | 0.19 | 0.44 | 1.37 | 4.02 | 9.31 | |||
| BCAL | 0.94 | 0.00 | (0.03) | 0.09 | 1.19 | 2.11 | 5.74 | |||
| BWB | 1.19 | 0.19 | 0.13 | 0.28 | 1.13 | 3.22 | 9.97 | |||
| IBCP | 1.16 | 0.28 | 0.15 | (3.00) | 0.90 | 2.76 | 7.82 | |||
| MCBS | 1.27 | 0.15 | 0.09 | 0.25 | 1.30 | 3.87 | 9.79 | |||
| GSBC | 1.18 | 0.14 | 0.07 | 0.26 | 1.66 | 2.88 | 14.35 | |||
| THFF | 1.37 | 0.29 | 0.20 | 0.46 | 1.08 | 3.55 | 10.39 | |||
| FISI | 1.18 | 0.22 | 0.19 | 0.31 | 0.86 | 3.40 | 8.79 |
Cross Equities Net Income Analysis
Compare South Plains Financial and related stocks such as SmartFinancial, Southern Missouri Bancorp, and First Community Banc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SMBK | 569.6 M | 1 M | 1.4 M | 1.7 M | 1.8 M | 1.5 M | 5.8 M | 5 M | 18.1 M | 26.5 M | 24.3 M | 34.8 M | 43 M | 28.6 M | 36.1 M | 50.3 M | 27.4 M |
| SMBC | 1.2 M | 10.1 M | 10.1 M | 10.1 M | 13.7 M | 14.8 M | 15.6 M | 20.9 M | 28.9 M | 27.5 M | 47.2 M | 47.2 M | 39.2 M | 50.2 M | 58.3 M | 67.1 M | 70.4 M |
| FCBC | 13.9 M | 20 M | 28.6 M | 23.3 M | 25.5 M | 24.5 M | 25.1 M | 21.5 M | 36.3 M | 38.8 M | 35.9 M | 51.2 M | 46.7 M | 48 M | 51.6 M | 48.8 M | 28.1 M |
| BCAL | (748.8 K) | 1.1 M | 1.1 M | 1.2 M | 4.1 M | 1.9 M | 3 M | 4 M | 5.3 M | 6.8 M | 4.7 M | 10.7 M | 16.1 M | 25.9 M | 5.4 M | 63.1 M | 66.2 M |
| BWB | 11.2 M | 11.2 M | 11.2 M | 11.2 M | 11.2 M | 11.2 M | 13.2 M | 16.9 M | 26.9 M | 31.4 M | 27.2 M | 45.7 M | 53.4 M | 40 M | 32.8 M | 46.1 M | 34.5 M |
| IBCP | 1.4 M | (20.2 M) | 26.2 M | 77.5 M | 18 M | 20 M | 22.8 M | 20.5 M | 39.8 M | 46.4 M | 56.2 M | 62.9 M | 63.4 M | 59.1 M | 66.8 M | 68.5 M | 72 M |
| MCBS | 10.1 M | 10.1 M | 10.1 M | 10.1 M | 12.5 M | 16.6 M | 20.2 M | 31.9 M | 41.3 M | 44.7 M | 36.4 M | 61.7 M | 62.6 M | 51.6 M | 64.5 M | 68.7 M | 44.2 M |
| GSBC | (3.7 M) | 30.3 M | 48.7 M | 33.7 M | 43.5 M | 46.5 M | 45.3 M | 51.6 M | 67.1 M | 73.6 M | 59.3 M | 74.6 M | 75.9 M | 67.8 M | 61.8 M | 71 M | 35.6 M |
| THFF | 8.3 M | 37.2 M | 32.8 M | 31.5 M | 33.8 M | 30.2 M | 38.4 M | 29.1 M | 46.6 M | 48.9 M | 53.8 M | 53 M | 71.1 M | 60.7 M | 47.3 M | 79.2 M | 83.2 M |
| FISI | 13.6 M | 22.8 M | 23.4 M | 25.5 M | 29.4 M | 28.3 M | 31.9 M | 33.5 M | 39.5 M | 48.9 M | 38.3 M | 77.7 M | 56.6 M | 50.3 M | (41.6 M) | 74.9 M | 78.6 M |
South Plains Financial and related stocks such as SmartFinancial, Southern Missouri Bancorp, and First Community Banc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in South Plains Financial financial statement analysis. It represents the amount of money remaining after all of South Plains Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.South Plains Competitive Analysis
The better you understand South Plains competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, South Plains' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across South Plains' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
South Plains Competition Performance Charts
Five steps to successful analysis of South Plains Competition
South Plains' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by South Plains Financial in relation to its competition. South Plains' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of South Plains in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact South Plains' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to South Plains Financial, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out South Plains Correlation with its peers. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is there potential for Regional Banks market expansion? Will South introduce new products? Factors like these will boost the valuation of South Plains. If investors know South will grow in the future, the company's valuation will be higher. Understanding fair value requires weighing current performance against future potential. All the valuation information about South Plains listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.06) | Dividend Share 0.62 | Earnings Share 3.59 | Revenue Per Share | Quarterly Revenue Growth 0.028 |
Investors evaluate South Plains Financial using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating South Plains' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause South Plains' market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between South Plains' value and its price as these two are different measures arrived at by different means. Investors typically determine if South Plains is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, South Plains' market price signifies the transaction level at which participants voluntarily complete trades.