South Financial Statements From 2010 to 2026

SPFI Stock  USD 43.03  0.18  0.42%   
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
206.7 M
Profit Margin
0.2829
Market Capitalization
704.4 M
Enterprise Value Revenue
3.6098
Revenue
206.7 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

243.26 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 1.57, Dividend Yield of 0.0259 or PTB Ratio of 1.52. 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 AssetsB4.5 B3.2 B
Slightly volatile
Short and Long Term Debt Total57.5 M60.5 M159.1 M
Slightly volatile
Other Current Liabilities2.6 B2.3 B2.3 B
Pretty Stable
Total Current Liabilities2.6 B2.3 B2.3 B
Pretty Stable
Total Stockholder Equity378.1 M493.8 M269.3 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 M51.6 M58.6 M
Slightly volatile
Retained Earnings278.3 M434.2 M200 M
Slightly volatile
Accounts Payable49.8 M52.4 M1.5 B
Slightly volatile
Cash55.4 M58.3 M269.7 M
Slightly volatile
Non Current Assets Total68.4 M72 M1.9 B
Pretty Stable
Long Term Debt116.8 M99.3 M148.2 M
Slightly volatile
Cash And Short Term Investments618.4 M625.9 M646.9 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 M17 M17.3 M
Slightly volatile
Short Term Investments548.7 M567.5 M376.3 M
Slightly volatile
Long Term Debt Total120 M140.7 M95.9 M
Slightly volatile
Liabilities And Stockholders EquityB4.5 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 Equity104.9 M91.1 M66.1 M
Slightly volatile
Total Liabilities3.2 BB2.7 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 Assets645.3 M625.9 M672.1 M
Slightly volatile
Short Term Debt1.4 M1.5 M17 M
Pretty Stable
Common Stock18.3 M16.3 M16.1 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 Expense45.2 M85 M31 M
Slightly volatile
Selling General Administrative89.8 M93 M76.1 M
Slightly volatile
Selling And Marketing Expenses3.7 MM3.2 M
Slightly volatile
Total Revenue243.3 M296.9 M193 M
Slightly volatile
Gross Profit201.5 M206.7 M162.2 M
Slightly volatile
Other Operating Expenses165.7 M222.8 M141.3 M
Slightly volatile
Operating Income61.8 M74.1 M43.1 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
EBITDA66.9 M74.1 M48.1 M
Slightly volatile
Cost Of Revenue51.2 M90.2 M35.8 M
Slightly volatile
Total Operating Expenses90.1 M132.6 M108.5 M
Very volatile
Reconciled Depreciation5.6 M5.9 M7.4 M
Slightly volatile
Income Before Tax61.8 M74.1 M43.1 M
Slightly volatile
Net Income Applicable To Common Shares44.8 M67 M37.5 M
Slightly volatile
Net Income50.8 M58.5 M37.1 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
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 Ratio1.572.12311.9821
Slightly volatile
Dividend Yield0.02590.0160.0244
Pretty Stable
PTB Ratio1.521.27631.6233
Slightly volatile
Days Sales Outstanding30.3632.1631.0438
Slightly volatile
Book Value Per Share16.130.399315.3302
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 Ratio1.521.27631.6233
Slightly volatile
EV To Sales1.122.13041.3392
Very volatile
Free Cash Flow Per Share2.343.062.314
Slightly volatile
Net Income Per Share2.163.59932.1147
Slightly volatile
Sales General And Administrative To Revenue0.410.31320.4054
Slightly volatile
Capex To Revenue0.02440.01360.0375
Slightly volatile
Cash Per Share35.738.526237.243
Slightly volatile
POCF Ratio16.5211.0712.2976
Pretty Stable
Interest Coverage0.830.87151.7688
Very volatile
Payout Ratio0.260.17230.2805
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
ROE0.150.11840.1438
Slightly volatile
EV To Operating Cash Flow12.46.268.6458
Pretty Stable
PE Ratio11.0610.779811.3605
Slightly volatile
Return On Tangible Assets0.010.01310.011
Slightly volatile
EV To Free Cash Flow6.36.6313.4059
Very volatile
Earnings Yield0.080.09280.0912
Slightly volatile
Intangibles To Total Assets0.00430.00460.0092
Pretty Stable
Current Ratio0.30.26850.2536
Pretty Stable
Tangible Book Value Per Share14.6629.140614.2889
Slightly volatile
Receivables Turnover10.7711.7511.9623
Slightly volatile
Graham Number27.8749.617326.9201
Slightly volatile
Shareholders Equity Per Share16.130.399315.3302
Slightly volatile
Debt To Equity0.120.12250.7601
Slightly volatile
Capex Per Share0.280.230.3613
Slightly volatile
Revenue Per Share10.5418.275611.1176
Slightly volatile
Interest Debt Per Share12.018.956111.0528
Pretty Stable
Debt To Assets0.01280.01350.0524
Slightly volatile
Enterprise Value Over EBITDA6.38.53866.1364
Slightly volatile
Short Term Coverage Ratios0.230.241.2967
Slightly volatile
Price Earnings Ratio11.0610.779811.3605
Slightly volatile
Operating Cycle30.3632.1631.0438
Slightly volatile
Price Book Value Ratio1.521.27631.6233
Slightly volatile
Dividend Payout Ratio0.260.17230.2805
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 Margin0.190.24950.2046
Slightly volatile
Operating Profit Margin0.190.24950.2046
Slightly volatile
Company Equity Multiplier12.689.072813.5484
Slightly volatile
Long Term Debt To Capitalization0.10.10910.376
Slightly volatile
Total Debt To Capitalization0.10.10910.3927
Slightly volatile
Return On Capital Employed0.03270.03450.0791
Slightly volatile
Debt Equity Ratio0.120.12250.7601
Slightly volatile
Ebit Per Revenue0.190.24950.2046
Slightly volatile
Quick Ratio0.30.26850.2536
Pretty Stable
Dividend Paid And Capex Coverage Ratio4.054.273.7309
Slightly volatile
Net Income Per E B T0.950.78940.9193
Slightly volatile
Cash Ratio0.02380.0250.1051
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 Ratio1.521.27631.6233
Slightly volatile
Fixed Asset Turnover3.185.75783.2884
Slightly volatile
Capital Expenditure Coverage Ratio11.2615.939.8386
Slightly volatile
Price Cash Flow Ratio16.5211.0712.2976
Pretty Stable
Enterprise Value Multiple6.38.53866.1364
Slightly volatile
Debt Ratio0.01280.01350.0524
Slightly volatile
Cash Flow To Debt Ratio0.340.480.3288
Slightly volatile
Price Sales Ratio1.572.12311.9821
Slightly volatile
Return On Assets0.00980.01310.0109
Slightly volatile
Asset Turnover0.04910.06630.0593
Pretty Stable
Net Profit Margin0.160.19690.1813
Slightly volatile
Gross Profit Margin0.890.69620.8358
Slightly volatile
Price Fair Value1.521.27631.6233
Slightly volatile
Return On Equity0.150.11840.1438
Slightly volatile

South Plains Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap504.2 M567.3 M619.2 M
Slightly volatile
Enterprise Value506 M569.2 M621.3 M
Slightly volatile

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 Revenue296.9 M243.3 M
Cost Of Revenue90.2 M51.2 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.31  0.41 
Capex To Revenue 0.01  0.02 
Revenue Per Share 18.28  10.54 
Ebit Per Revenue 0.25  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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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
12.16
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.