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Upturn AI SWOT - About
South Plains Financial Inc (SPFI)
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Upturn Advisory Summary
03/24/2025: SPFI (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Analysis of Past Performance
Type Stock | Historic Profit 42.12% | Avg. Invested days 59 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 03/24/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 546.83M USD | Price to earnings Ratio 11.36 | 1Y Target Price 43.75 |
Price to earnings Ratio 11.36 | 1Y Target Price 43.75 | ||
Volume (30-day avg) 31354 | Beta 0.6 | 52 Weeks Range 23.62 - 40.73 | Updated Date 04/1/2025 |
52 Weeks Range 23.62 - 40.73 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 1.81% | Basic EPS (TTM) 2.92 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 26.05% | Operating Margin (TTM) 40.89% |
Management Effectiveness
Return on Assets (TTM) 1.18% | Return on Equity (TTM) 11.75% |
Valuation
Trailing PE 11.36 | Forward PE - | Enterprise Value 292390912 | Price to Sales(TTM) 2.86 |
Enterprise Value 292390912 | Price to Sales(TTM) 2.86 | ||
Enterprise Value to Revenue 3.47 | Enterprise Value to EBITDA - | Shares Outstanding 16485600 | Shares Floating 12464633 |
Shares Outstanding 16485600 | Shares Floating 12464633 | ||
Percent Insiders 25.87 | Percent Institutions 39.24 |
Analyst Ratings
Rating 4.25 | Target Price 43.75 | Buy 3 | Strong Buy 1 |
Buy 3 | Strong Buy 1 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
South Plains Financial Inc
Company Overview
History and Background
South Plains Financial, Inc. was founded in 1936 as Plains National Bank. It has grown organically and through acquisitions, focusing on community banking in Texas and New Mexico. The company went public in 2019.
Core Business Areas
- Community Banking: Provides traditional banking services including loans, deposits, and other financial services to individuals and businesses within their geographic footprint.
- Wealth Management: Offers wealth management and trust services.
- Insurance: Provides insurance products through its subsidiaries.
Leadership and Structure
Curtis Griffith serves as the Chairman and Chief Executive Officer. The company is structured with a board of directors and executive management team overseeing various departments.
Top Products and Market Share
Key Offerings
- Commercial Loans: Loans to businesses for operations, expansion, and real estate. Market share data is not readily available at the product level but the company competes with regional and national banks. Competitors include Prosperity Bancshares (PB), Independent Bank Group (IBTX), and large national banks.
- Residential Mortgages: Mortgages for home purchases and refinancing. Market share data is not readily available at the product level but they compete in Texas and New Mexico. Competitors include mortgage companies and large national banks.
- Deposit Accounts: Checking, savings, and money market accounts for individuals and businesses. Market share data is not readily available at the product level but they compete regionally for deposits. Competitors include Prosperity Bancshares (PB), Independent Bank Group (IBTX), and credit unions.
Market Dynamics
Industry Overview
The banking industry is currently navigating a rising interest rate environment, increased regulatory scrutiny, and evolving customer preferences towards digital banking. Competition is intense, with both large national banks and smaller regional banks vying for market share.
Positioning
South Plains Financial, Inc. positions itself as a community-focused bank with strong local relationships. Its competitive advantage lies in its personalized service and understanding of the local markets it serves.
Total Addressable Market (TAM)
The TAM for community banking in Texas and New Mexico is substantial, estimated to be in the billions of dollars. South Plains Financial is positioned to capture a portion of this market through its existing branch network and expansion strategies.
Upturn SWOT Analysis
Strengths
- Strong local presence and brand recognition
- Experienced management team
- Diversified revenue streams (banking, wealth management, insurance)
- Solid asset quality
Weaknesses
- Smaller scale compared to larger national banks
- Limited geographic reach
- Reliance on traditional banking model
Opportunities
- Expansion into new markets within Texas and New Mexico
- Increased adoption of digital banking services
- Acquisitions of smaller community banks
- Growing wealth management business
Threats
- Rising interest rates
- Increased regulatory burden
- Competition from larger banks and fintech companies
- Economic downturn in Texas and New Mexico
Competitors and Market Share
Key Competitors
- PB
- IBTX
- WTFC
- CADE
Competitive Landscape
South Plains Financial competes with larger regional and national banks. Its strength is its local focus, but it faces challenges in terms of scale and resources compared to larger competitors.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth data unavailable without real-time access.
Future Projections: Future projections unavailable without real-time access.
Recent Initiatives: Recent initiatives include investments in technology and expansion into new markets.
Summary
South Plains Financial is a community-focused bank with a strong presence in Texas and New Mexico. Its local expertise and diversified revenue streams are strengths. However, its smaller scale and reliance on traditional banking models present challenges in a competitive landscape. Future growth hinges on strategic initiatives and adapting to changing market dynamics.
Similar Companies
BOKF
BOK Financial Corporation
BOKF
BOK Financial Corporation
CADE
Cadence Bancorp
CADE
Cadence Bancorp
IBTX
Independent Bank Group Inc
IBTX
Independent Bank Group Inc
PB
Prosperity Bancshares Inc
PB
Prosperity Bancshares Inc
WTFC
Wintrust Financial Corporation
WTFC
Wintrust Financial Corporation
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Analyst estimates
Disclaimers:
This analysis is based on available information and is not financial advice. Market conditions and company performance are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About South Plains Financial Inc
Exchange NASDAQ | Headquaters Lubbock, TX, United States | ||
IPO Launch date 2019-05-09 | Chairman & CEO Mr. Curtis C. Griffith | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 528 | Website https://www.spfi.bank |
Full time employees 528 | Website https://www.spfi.bank | ||
South Plains Financial, Inc. operates as a bank holding company for City Bank that provides commercial and consumer financial services to small and medium-sized businesses and individuals. It offers deposit products, including demand deposit accounts, interest-bearing products, savings accounts, and certificate of deposits. The company also provides traditional trust products and services; debit and credit cards; retirement services and products, including real estate administration, family trust administration, revocable and irrevocable trusts, charitable trusts for individuals and corporations, and self-directed individual retirement accounts. In addition, it offers investment services, such as self-directed IRAs, money market funds, mutual funds, annuities and tax-deferred annuities, stocks and bonds, investments for non-U.S. residents, treasury bills, treasury notes and bonds, and tax-exempt municipal bonds. Further, the company provides commercial real estate loans; general and specialized commercial loans, including agricultural production and real estate, energy, finance, investment, and insurance loans, as well as loans to goods, services, restaurant and retail, construction, and other industries; residential construction loans; and 1-4 family residential loans, auto loans, and other loans for recreational vehicles or other purposes; and mortgage banking services. The company was founded in 1941 and is headquartered in Lubbock, Texas.
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