South Plains Financial, Inc. financial data

Symbol
SPFI on Nasdaq
Industry
State Commercial Banks
Location
5219 City Bank Parkway, Lubbock, TX
State of incorporation
Texas
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 948 % -5.8%
Return On Equity 11.4 % -37.9%
Return On Assets 1.09 % -34.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 16.4M shares -3.12%
Common Stock, Shares, Outstanding 16.4M shares -3.12%
Entity Public Float 276M USD -9.82%
Common Stock, Value, Issued 16.4M USD -3.12%
Weighted Average Number of Shares Outstanding, Basic 16.4M shares -3.66%
Weighted Average Number of Shares Outstanding, Diluted 16.9M shares -2.61%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 58.6M USD -30.8%
Income Tax Expense (Benefit) 12.7M USD -27.6%
Net Income (Loss) Attributable to Parent 45.8M USD -31.6%
Earnings Per Share, Basic 2.79 USD/shares -28.6%
Earnings Per Share, Diluted 2.68 USD/shares -29.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 298M USD +0.82%
Deferred Income Tax Assets, Net 22.3M USD -0.18%
Property, Plant and Equipment, Net 54M USD -4.37%
Operating Lease, Right-of-Use Asset 8.68M USD +9.36%
Goodwill 19.3M USD 0%
Assets 4.22B USD +1.71%
Liabilities 3.8B USD +1.19%
Accumulated Other Comprehensive Income (Loss), Net of Tax -59.1M USD +4.48%
Retained Earnings (Accumulated Deficit) 363M USD +11.4%
Stockholders' Equity Attributable to Parent 418M USD +6.62%
Liabilities and Equity 4.22B USD +1.71%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 19.2M USD -24.5%
Net Cash Provided by (Used in) Financing Activities 10.1M USD -89.8%
Net Cash Provided by (Used in) Investing Activities 12.5M USD
Common Stock, Shares Authorized 30M shares 0%
Common Stock, Shares, Issued 16.4M shares -3.12%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 298M USD +0.82%
Interest Paid, Excluding Capitalized Interest, Operating Activities 24.2M USD +83%
Deferred Tax Assets, Gross 32.5M USD -10.9%
Operating Lease, Liability 9.63M USD +8.24%
Payments to Acquire Property, Plant, and Equipment 474K USD -69.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 48.6M USD -6.57%
Lessee, Operating Lease, Liability, to be Paid 12.6M USD +11.2%
Property, Plant and Equipment, Gross 128M USD +2.66%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.44M USD +0.77%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.77M USD -5.04%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +21.5%
Deferred Income Tax Expense (Benefit) 88K USD +87.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.02M USD +22%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.38M USD +33.9%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.32M USD +29%
Operating Lease, Payments 2M USD +1.42%
Additional Paid in Capital 97.8M USD -12%
Depreciation, Depletion and Amortization 1.63M USD -4.3%
Operating Leases, Future Minimum Payments Due 255K USD
Interest Expense 82.5M USD +152%