South Financial Statements From 2010 to 2025

SPFI Stock  USD 35.96  0.20  0.55%   
South Plains financial statements provide useful quarterly and yearly information to potential South Plains Financial investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on South Plains financial statements helps investors assess South Plains' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting South Plains' valuation are summarized below:
Gross Profit
183.9 M
Profit Margin
0.2368
Market Capitalization
591.8 M
Enterprise Value Revenue
3.6143
Revenue
183.9 M
We have found one hundred twenty available fundamental trend indicators for South Plains Financial, which can be analyzed and compared to other ratios and to its competition. Traders should compare all of South Plains Financial current fundamentals against the fundamentals between 2010 and 2025 to make sure the company is sustainable this year. The current Market Cap is estimated to decrease to about 336.2 M. Enterprise Value is estimated to decrease to about 212.8 M

South Plains Total Revenue

212.86 Million

Check South Plains financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among South Plains' main balance sheet or income statement drivers, such as Tax Provision of 20.9 M, Net Interest Income of 127.6 M or Interest Income of 155.7 M, as well as many indicators such as Price To Sales Ratio of 1.74, Ptb Ratio of 1.54 or Capex To Depreciation of 0.85. South financial statements analysis is a perfect complement when working with South Plains Valuation or Volatility modules.
  
Check out the analysis of South Plains Correlation against competitors.

South Plains Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets3.8 B4.8 B3.2 B
Slightly volatile
Short and Long Term Debt Total137 M99.2 M160.7 M
Slightly volatile
Total Current Liabilities43.9 M46.2 M1.4 B
Slightly volatile
Total Stockholder Equity339.5 M468.2 M254.7 M
Slightly volatile
Other Liabilities33.1 M27.9 M45.6 M
Slightly volatile
Net Tangible Assets302.5 M383.1 M236 M
Slightly volatile
Property Plant And Equipment Net48.2 M57.4 M60 M
Slightly volatile
Retained Earnings228.9 M397.1 M182.9 M
Slightly volatile
Accounts Payable49.8 M52.4 M1.6 B
Slightly volatile
Cash322.3 M379.7 M300.9 M
Pretty Stable
Non Current Assets Total4.7 B4.4 B1.2 B
Slightly volatile
Long Term Debt120.8 M99.2 M150.8 M
Slightly volatile
Cash And Short Term Investments965.3 M1.1 B726.6 M
Slightly volatile
Net Receivables16.9 M24 M15.5 M
Slightly volatile
Common Stock Total Equity18.5 M19.6 M16.4 M
Slightly volatile
Common Stock Shares Outstanding14.1 M17.1 M17.4 M
Slightly volatile
Short Term Investments643 M716.2 M425.7 M
Slightly volatile
Long Term Debt Total120 M140.7 M94.3 M
Slightly volatile
Liabilities And Stockholders Equity3.8 B4.8 B3.2 B
Slightly volatile
Non Current Liabilities Total4.5 B4.3 B2.4 B
Pretty Stable
Capital Surpluse127.2 M129.8 M104.1 M
Slightly volatile
Other Current Assets252.6 M403.7 M160.6 M
Slightly volatile
Other Stockholder Equity105.3 M111.7 M65.4 M
Slightly volatile
Total Liabilities2.5 B4.4 B2.5 B
Pretty Stable
Net Invested Capital508.8 M594.9 M411.6 M
Slightly volatile
Long Term Investments674.7 M716.2 M479.6 M
Slightly volatile
Property Plant And Equipment Gross97.6 M146.9 M81.2 M
Slightly volatile
Total Current Assets1.1 B1.5 B805.3 M
Slightly volatile
Common Stock18.4 M18.9 M16.3 M
Slightly volatile
Property Plant Equipment47.7 M50.7 M59.1 M
Slightly volatile
Earning Assets796.9 M1.1 B752.1 M
Slightly volatile
Capital Stock18.7 M18.9 M16.1 M
Slightly volatile

South Plains Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Interest Income127.6 M162 M107.6 M
Slightly volatile
Interest Income155.7 M231.2 M131.8 M
Slightly volatile
Interest Expense98.5 M93.8 M30.9 M
Slightly volatile
Selling General Administrative89.1 M96.5 M76.4 M
Slightly volatile
Selling And Marketing Expenses3.6 M3.8 M3.2 M
Slightly volatile
Total Revenue212.9 M240.9 M168.5 M
Slightly volatile
Gross Profit212.9 M240.9 M168.5 M
Slightly volatile
Operating Income249 M237.1 M74.6 M
Slightly volatile
Net Income From Continuing Ops48.6 M74.8 M37.4 M
Slightly volatile
EBIT66.1 M91.3 M53.5 M
Slightly volatile
EBITDA71.4 M91.3 M58.2 M
Slightly volatile
Reconciled Depreciation5.7 M5.8 M7.5 M
Slightly volatile
Income Before Tax59.3 M63.3 M41.1 M
Slightly volatile
Net Income Applicable To Common Shares44.8 M67 M36.2 M
Slightly volatile
Net Income49.1 M49.7 M35.7 M
Slightly volatile

South Plains Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation1.7 M2.5 M1.2 M
Slightly volatile
Free Cash Flow54.2 M61.9 M40.3 M
Slightly volatile
Begin Period Cash Flow327.5 M270.1 M326.6 M
Slightly volatile
Depreciation6.6 M7.4 M5.8 M
Slightly volatile
Capital Expenditures3.6 M4.2 M6.4 M
Slightly volatile
Total Cash From Operating Activities59.2 M67.3 M46.9 M
Slightly volatile
Change To Operating Activities20.4 M19.5 M8.1 M
Slightly volatile
Net Income48.3 M72.2 M37.1 M
Slightly volatile
Total Cash From Financing Activities157.8 M207.1 M104.8 M
Slightly volatile
End Period Cash Flow322.3 M379.7 M300.9 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.742.36762.2114
Slightly volatile
PTB Ratio1.541.421.6548
Slightly volatile
Capex To Depreciation0.850.841.1907
Slightly volatile
PB Ratio1.541.421.6548
Slightly volatile
ROIC0.01330.0140.0739
Slightly volatile
Net Income Per Share2.063.02912.0046
Slightly volatile
Sales General And Administrative To Revenue0.480.430.4688
Slightly volatile
POCF Ratio17.319.8612.4179
Pretty Stable
Interest Coverage2.282.52792.6563
Pretty Stable
Capex To Operating Cash Flow0.08740.0920.2003
Slightly volatile
PFCF Ratio10.1810.7219.2266
Very volatile
Income Quality0.940.841.2825
Slightly volatile
ROE0.120.140.1452
Pretty Stable
EV To Operating Cash Flow5.265.548.0734
Pretty Stable
PE Ratio10.9211.471911.3735
Slightly volatile
Return On Tangible Assets0.00990.01360.0109
Slightly volatile
EV To Free Cash Flow5.726.0213.435
Pretty Stable
Earnings Yield0.080.08720.0908
Slightly volatile
Intangibles To Total Assets0.00830.01030.0092
Slightly volatile
Current Ratio21.823.2415.1862
Slightly volatile
Receivables Turnover14.3111.6212.1992
Slightly volatile
Debt To Equity0.30.310.7586
Slightly volatile
Revenue Per Share8.9214.67759.4776
Slightly volatile
Debt To Assets0.05370.03010.0542
Slightly volatile
Enterprise Value Over EBITDA3.915.253.4985
Very volatile
Dividend Yield0.02790.020.0253
Pretty Stable
Days Sales Outstanding23.0232.5230.1946
Slightly volatile
Book Value Per Share20.0821.1436.3904
Slightly volatile
Free Cash Flow Yield0.0880.09660.0979
Slightly volatile
Operating Cash Flow Per Share2.463.042.5746
Slightly volatile
Stock Based Compensation To Revenue0.00620.00920.0064
Slightly volatile
EV To Sales1.621.541.4212
Pretty Stable
Free Cash Flow Per Share2.262.82.2082
Slightly volatile
Capex To Revenue0.02920.02550.0446
Slightly volatile
Cash Per Share40.0449.4839.7309
Slightly volatile
Payout Ratio0.290.160.2877
Slightly volatile
Tangible Book Value Per Share17.718.6335.3734
Slightly volatile
Graham Number25.0939.3725.012
Slightly volatile
Shareholders Equity Per Share14.121.1413.8725
Slightly volatile
Capex Per Share0.290.310.3764
Slightly volatile
Interest Debt Per Share11.812.1110.6511
Pretty Stable
Short Term Coverage Ratios0.170.190.2079
Slightly volatile
Price Earnings Ratio10.9211.471911.3735
Slightly volatile
Price Book Value Ratio1.541.421.6548
Slightly volatile
Price To Operating Cash Flows Ratio17.319.8612.4179
Pretty Stable
Price To Free Cash Flows Ratio10.1810.7219.2266
Very volatile
Pretax Profit Margin0.220.26270.2259
Slightly volatile
Ebt Per Ebit0.590.310.5958
Pretty Stable
Operating Profit Margin1.030.98430.3977
Slightly volatile
Company Equity Multiplier13.3711.8814.0111
Slightly volatile
Long Term Debt To Capitalization0.390.240.4126
Slightly volatile
Total Debt To Capitalization0.40.240.4187
Slightly volatile
Return On Capital Employed0.01580.01720.019
Very volatile
Debt Equity Ratio0.30.310.7586
Slightly volatile
Ebit Per Revenue1.030.98430.3977
Slightly volatile
Quick Ratio24.3223.2416.9982
Slightly volatile
Dividend Paid And Capex Coverage Ratio4.083.923.6474
Slightly volatile
Net Income Per E B T0.950.78550.9274
Slightly volatile
Cash Ratio4.95.793.6132
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.660.830.779
Pretty Stable
Cash Flow Coverage Ratios0.330.480.3255
Slightly volatile
Price To Book Ratio1.541.421.6548
Slightly volatile
Fixed Asset Turnover2.492.982.6472
Slightly volatile
Capital Expenditure Coverage Ratio10.8611.269.0301
Slightly volatile
Price Cash Flow Ratio17.319.8612.4179
Pretty Stable
Enterprise Value Multiple3.915.253.4985
Very volatile
Debt Ratio0.05370.03010.0542
Slightly volatile
Cash Flow To Debt Ratio0.330.480.3255
Slightly volatile
Price Sales Ratio1.742.36762.2114
Slightly volatile
Return On Assets0.00980.01340.0109
Slightly volatile
Asset Turnover0.04310.04520.0518
Pretty Stable
Net Profit Margin0.180.20640.2016
Slightly volatile
Price Fair Value1.541.421.6548
Slightly volatile
Return On Equity0.120.140.1452
Pretty Stable
Operating Cycle23.0232.5230.1946
Slightly volatile
Dividend Payout Ratio0.290.160.2877
Slightly volatile
Cash Conversion Cycle23.0232.5230.1946
Slightly volatile
Operating Cash Flow Sales Ratio0.220.250.2674
Pretty Stable
Days Of Sales Outstanding23.0232.5230.1946
Slightly volatile

South Plains Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap336.2 M570.3 M366.5 M
Slightly volatile
Enterprise Value212.8 M253.8 M223 M
Slightly volatile

South Upcoming Events

25th of April 2024
Upcoming Quarterly Report
View
23rd of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
24th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About South Plains Financial Statements

Investors use fundamental indicators, such as South Plains' revenue or net income, to determine how well the company is positioned to perform in the future. Although South Plains' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Total Revenue240.9 M212.9 M
Sales General And Administrative To Revenue 0.43  0.48 
Revenue Per Share 14.68  8.92 
Stock Based Compensation To Revenue 0.01  0.01 
Capex To Revenue 0.03  0.03 
Ebit Per Revenue 0.98  1.03 

Currently Active Assets on Macroaxis

When determining whether South Plains Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of South Plains' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of South Plains Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on South Plains Financial Stock:
Check out the analysis of South Plains Correlation against competitors.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? 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. The financial industry is built on trying to define current growth potential and future valuation accurately. 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
(0.15)
Earnings Share
3.02
Revenue Per Share
11.2
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0102
The market value of South Plains Financial is measured differently than its book value, which is the value of South that is recorded on the company's balance sheet. Investors also form their own opinion of South Plains' value that differs from its market value or its book value, called intrinsic value, which is South Plains' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because South Plains' market value can be influenced by many factors that don't directly affect South Plains' underlying business (such as a pandemic or basic market pessimism), market value can vary widely 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. However, South Plains' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.