South Financial Statements From 2010 to 2026

SPFI Stock  USD 38.28  0.52  1.34%   
South Plains' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing South Plains' valuation are provided below:
Gross Profit
205.3 M
Profit Margin
0.2909
Market Capitalization
622 M
Enterprise Value Revenue
3.3496
Revenue
205.3 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 2026 to make sure the company is sustainable this year.

South Plains Total Revenue

232.84 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 10.3 M, Net Interest Income of 131.9 M or Interest Income of 169.4 M, as well as many indicators such as Price To Sales Ratio of 1.55, Dividend Yield of 0.0268 or PTB Ratio of 1.53. South financial statements analysis is a perfect complement when working with South Plains Valuation or Volatility modules.
  
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Check out the analysis of South Plains Correlation against competitors.

South Plains Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets3.9 B4.9 B3.2 B
Slightly volatile
Short and Long Term Debt Total134.2 M99.3 M165.9 M
Slightly volatile
Other Current Liabilities2.6 B4.2 B2.4 B
Slightly volatile
Total Current Liabilities2.6 B4.2 B2.4 B
Slightly volatile
Total Stockholder Equity357.4 M504.8 M268.8 M
Slightly volatile
Other Liabilities33.1 M27.9 M44.7 M
Slightly volatile
Net Tangible Assets302.5 M383.1 M241.7 M
Slightly volatile
Property Plant And Equipment Net46.6 M47.7 M58.4 M
Slightly volatile
Retained Earnings253.4 M443.7 M199.1 M
Slightly volatile
Accounts Payable49.8 M52.4 M1.5 B
Slightly volatile
Cash331.4 M412.9 M306.8 M
Slightly volatile
Non Current Assets Total2.5 B4.1 B2.3 B
Slightly volatile
Long Term Debt116.8 M99.3 M148.2 M
Slightly volatile
Cash And Short Term Investments870.6 M721.4 M667.3 M
Slightly volatile
Net Receivables17.8 M24.9 M16 M
Slightly volatile
Common Stock Total Equity18.5 M19.6 M16.4 M
Slightly volatile
Common Stock Shares Outstanding14 M14.8 M17.2 M
Slightly volatile
Short Term Investments392.1 M241.4 M347.9 M
Slightly volatile
Long Term Debt Total120 M140.7 M95.9 M
Slightly volatile
Liabilities And Stockholders Equity3.9 B4.9 B3.2 B
Slightly volatile
Non Current Liabilities Total188.4 M198.3 M398.7 M
Pretty Stable
Capital Surpluse127.2 M129.8 M104.6 M
Slightly volatile
Other Current Assets252.6 M403.7 M171.8 M
Slightly volatile
Other Stockholder Equity105.5 M111.9 M67.3 M
Slightly volatile
Total Liabilities3.1 B4.4 B2.8 B
Slightly volatile
Net Invested Capital520.7 M631.7 M422.5 M
Slightly volatile
Long Term Investments293.1 M308.5 M420.7 M
Slightly volatile
Property Plant And Equipment Gross102.5 M143.5 M83.8 M
Slightly volatile
Total Current Assets912.2 M746.4 M694.9 M
Slightly volatile
Short Term Debt1.5 M1.6 M17.1 M
Pretty Stable
Common Stock18.4 M18.9 M16.3 M
Slightly volatile
Property Plant Equipment47.7 M50.7 M59 M
Slightly volatile
Earning Assets796.9 M1.1 B762.5 M
Slightly volatile
Capital Stock18.6 M18.9 M16.1 M
Slightly volatile

South Plains Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Interest Income131.9 M169.2 M110.6 M
Slightly volatile
Interest Income169.4 M277 M141.7 M
Slightly volatile
Interest Expense113.3 M107.9 M36.3 M
Slightly volatile
Selling General Administrative88.2 M85.5 M75.6 M
Slightly volatile
Selling And Marketing Expenses3.6 M4.3 M3.2 M
Slightly volatile
Total Revenue232.8 M325.6 M194 M
Slightly volatile
Gross Profit198.3 M212.7 M162.4 M
Slightly volatile
Other Operating Expenses113.3 M197.8 M136.7 M
Pretty Stable
Operating Income59.3 M72.8 M42.9 M
Slightly volatile
Net Income From Continuing Ops49.4 M57.2 M37.1 M
Slightly volatile
EBIT59.3 M72.8 M42.9 M
Slightly volatile
EBITDA65.1 M80.3 M48.4 M
Slightly volatile
Cost Of Revenue118.5 M112.8 M41.1 M
Slightly volatile
Total Operating Expenses88.1 M109.5 M107.1 M
Very volatile
Reconciled Depreciation5.6 M5.9 M7.4 M
Slightly volatile
Income Before Tax59.3 M72.8 M42.9 M
Slightly volatile
Net Income Applicable To Common Shares44.8 M67 M37.5 M
Slightly volatile
Net Income49.1 M57.2 M37 M
Slightly volatile

South Plains Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation1.8 M2.7 M1.3 M
Slightly volatile
Free Cash Flow55.2 M64.4 M41.5 M
Slightly volatile
Begin Period Cash Flow332 M379.7 M333.5 M
Pretty Stable
Depreciation6.7 M7.5 M5.9 M
Slightly volatile
Dividends Paid7.3 M8.2 M8.4 M
Very volatile
Capital Expenditures3.5 MM6.2 M
Slightly volatile
Total Cash From Operating Activities60 M68.3 M47.7 M
Slightly volatile
Change To Operating Activities20.4 M19.5 M8.6 M
Slightly volatile
Net Income49.1 M57.2 M37 M
Slightly volatile
End Period Cash Flow331.4 M412.9 M306.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.551.821.9631
Slightly volatile
Dividend Yield0.02680.01840.0246
Pretty Stable
PTB Ratio1.531.51.637
Slightly volatile
Days Sales Outstanding30.3632.1631.0438
Slightly volatile
Book Value Per Share15.024.0114.8479
Slightly volatile
Free Cash Flow Yield0.0880.08820.0979
Pretty Stable
Operating Cash Flow Per Share2.543.252.6682
Slightly volatile
Stock Based Compensation To Revenue0.00610.00740.0059
Slightly volatile
Capex To Depreciation0.810.591.1339
Slightly volatile
PB Ratio1.531.51.637
Slightly volatile
EV To Sales1.441.311.3098
Very volatile
Free Cash Flow Per Share2.343.062.314
Slightly volatile
ROIC0.06880.07320.0736
Slightly volatile
Net Income Per Share2.072.722.0577
Slightly volatile
Sales General And Administrative To Revenue0.420.30.4052
Slightly volatile
Capex To Revenue0.02440.01360.0375
Slightly volatile
Cash Per Share36.3134.3137.0309
Slightly volatile
POCF Ratio16.5211.0712.2976
Pretty Stable
Interest Coverage0.580.611.7387
Very volatile
Payout Ratio0.280.210.2839
Slightly volatile
Capex To Operating Cash Flow0.06170.0650.1888
Slightly volatile
PFCF Ratio11.1511.7418.843
Very volatile
Income Quality0.941.071.2909
Slightly volatile
ROE0.150.130.1445
Pretty Stable
EV To Operating Cash Flow12.46.268.6458
Pretty Stable
PE Ratio10.9613.2311.4988
Slightly volatile
Return On Tangible Assets0.00990.01070.0108
Slightly volatile
EV To Free Cash Flow6.36.6313.4059
Very volatile
Earnings Yield0.0880.07820.0908
Slightly volatile
Intangibles To Total Assets0.00890.01010.0098
Slightly volatile
Current Ratio0.30.210.2501
Pretty Stable
Tangible Book Value Per Share13.521.4213.7247
Slightly volatile
Receivables Turnover10.7711.7511.9623
Slightly volatile
Graham Number26.3938.3226.1684
Slightly volatile
Shareholders Equity Per Share15.0724.0114.8938
Slightly volatile
Debt To Equity0.270.290.7788
Slightly volatile
Capex Per Share0.280.230.3613
Slightly volatile
Revenue Per Share10.0215.4810.9225
Slightly volatile
Interest Debt Per Share12.2814.2711.3813
Pretty Stable
Debt To Assets0.05230.030.0557
Slightly volatile
Enterprise Value Over EBITDA5.925.325.9248
Slightly volatile
Short Term Coverage Ratios0.230.241.2967
Slightly volatile
Price Earnings Ratio10.9613.2311.4988
Slightly volatile
Operating Cycle30.3632.1631.0438
Slightly volatile
Price Book Value Ratio1.531.51.637
Slightly volatile
Dividend Payout Ratio0.280.210.2839
Slightly volatile
Price To Operating Cash Flows Ratio16.5211.0712.2976
Pretty Stable
Price To Free Cash Flows Ratio11.1511.7418.843
Very volatile
Pretax Profit Margin0.190.20.2017
Slightly volatile
Operating Profit Margin0.190.20.2017
Slightly volatile
Company Equity Multiplier13.0211.0913.6871
Slightly volatile
Long Term Debt To Capitalization0.360.230.3985
Slightly volatile
Total Debt To Capitalization0.390.230.4168
Slightly volatile
Return On Capital Employed0.080.09320.0853
Slightly volatile
Debt Equity Ratio0.270.290.7788
Slightly volatile
Ebit Per Revenue0.190.20.2017
Slightly volatile
Quick Ratio0.30.210.2501
Pretty Stable
Dividend Paid And Capex Coverage Ratio4.054.273.7309
Slightly volatile
Net Income Per E B T0.950.90.9258
Slightly volatile
Cash Ratio0.110.09920.1152
Slightly volatile
Cash Conversion Cycle30.3632.1631.0438
Slightly volatile
Operating Cash Flow Sales Ratio0.20.190.237
Very volatile
Days Of Sales Outstanding30.3632.1631.0438
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.670.850.7904
Slightly volatile
Cash Flow Coverage Ratios0.340.480.3288
Slightly volatile
Price To Book Ratio1.531.51.637
Slightly volatile
Fixed Asset Turnover3.014.813.2226
Slightly volatile
Capital Expenditure Coverage Ratio11.2615.939.8386
Slightly volatile
Price Cash Flow Ratio16.5211.0712.2976
Pretty Stable
Enterprise Value Multiple5.925.325.9248
Slightly volatile
Debt Ratio0.05230.030.0557
Slightly volatile
Cash Flow To Debt Ratio0.340.480.3288
Slightly volatile
Price Sales Ratio1.551.821.9631
Slightly volatile
Return On Assets0.00980.01060.0108
Slightly volatile
Asset Turnover0.04860.06020.0589
Very volatile
Net Profit Margin0.160.17560.1792
Slightly volatile
Gross Profit Margin0.90.750.8395
Slightly volatile
Price Fair Value1.531.51.637
Slightly volatile
Return On Equity0.150.130.1445
Pretty Stable

South Fundamental Market Drivers

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 Revenue325.6 M232.8 M
Cost Of Revenue112.8 M118.5 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.30  0.42 
Capex To Revenue 0.01  0.02 
Revenue Per Share 15.48  10.02 
Ebit Per Revenue 0.20  0.19 

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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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
0.455
Dividend Share
0.61
Earnings Share
3.51
Revenue Per Share
12.575
Quarterly Revenue Growth
0.132
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.