SPFINasdaqState Commercial BanksFiscal year ends December 31
SOUTH PLAINS FINANCIAL, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$43.10−0.43 (-0.99%)
Close on Oct 19, 2026
- Market cap
- $853.80M
- P/E (TTM)
- 11.7
- Dividend yield
- 1.44%
Margins
Share of revenue, fiscal years 2017 to 2025
Net margin
27.6%+7.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +8.6% | -0.4% | -1.1% | – | |
| Net income | +17.6% | +0.1% | +5.2% | – | |
| EPS, diluted | +17.8% | +2.1% | +6.8% | – | |
| Free cash flow | +28.2% | -15.5% | +98.7% | – | |
| Dividend per share | +10.7% | +10.5% | +34.7% | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 13.4% | 12.5% | |
| Return on assets | – | 1.3% | 1.3% | |
| Capex to revenue | – | 1.5% | 2.7% | |
| Diluted shares | – | 18M | 17M |
Where the cash went
Fiscal 2021 to 2025, five years combined
South Plains Financial generated $415.27M from operations and spent $122.04M on capital expenditure, dividends and share buybacks. 17% of that went back into the business.
Generated
$415.27M
Used
$122.04M
Capital expenditure$21.09M17%Dividends$41.40M34%Share buybacks$59.56M49%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin27.6%
×Asset turnover0.05×
×Equity multiplier9.34×
=Return on equity, FY202512.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 27.6% | 0.05× | 9.34× | 12.5% |
| FY2024 | 25.5% | 0.05× | 9.97× | 11.8% |
| FY2023 | 28.7% | 0.05× | 10.66× | 16.4% |
| FY2022 | 27.1% | 0.05× | 10.26× | 15.2% |
| FY2021 | 26.7% | 0.06× | 9.65× | 15.1% |
| FY2020 | 20.3% | 0.07× | 10.11× | 13.4% |
| FY2019 | 18.1% | 0.05× | 12.91× | 12.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$58.47M
- Cash generatingOperating cash flow above zero$77.49M
- Return on assets improvedROA up on the prior year1.2% → 1.4%
- Earnings backed by cashOperating cash flow above net income$77.49M vs $58.47M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise17M → 17M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.05 → 0.05