South Plains Financial Inc (SPFI) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of South Plains Financial Inc stock $22.95, price $42.45, that is 45.9% below the price, quality 46 out of 100. Rating: strongly overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
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South Plains Financial Inc
SPFI · USOur calculation puts a fair price 46% below what the stock costs today.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $18.18 – $45.96 · fair‑value band $20.14 – $30.91 · the $42.45 price screens above the $22.95 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Company profile
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.
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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, self-directed individual retirement accounts, simplified employee pensions plans, employee stock ownership plans, defined benefit plans, and profit-sharing plans.
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.
Stock analysis
South Plains Financial Inc (SPFI) currently trades at $42.45, while our model-based Fair Value estimate is $22.95, 46% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $36.29 per share, and 0 of the 6 models we run sit above the $42.45 price.
Bear case: the Dividend Discount group reads lowest at $8.27, and 6 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: $20.14 (bear) to $30.91 (bull), the price of $42.45 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 46/100 (below-average quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
South Plains Financial Inc reported revenue of $297M in FY2025 versus $228M in FY2021, a compound +6.9%/yr. Reported net income was $58.5M in FY2025, compounding −0.1%/yr from FY2021.
Key figures
Market cap $841M Small · P/E ratio 11.3 · P/S ratio 3.59 · EPS (TTM) $3.77 · Dividend yield 1.6% · Net margin 29.7% · Return on equity 12.6% · Return on assets (EBIT) 1.8% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 68 out of 100 (low confidence).
What moves the price
The share trades about 8% below its 52-week high and 18% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −46%, SPFI screens richer than that median.
Fair Value models
All 6 models by family
The fair value above starts from this blend and is adjusted for dilution from new shares.
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, one officer or director bought shares worth $0, on May 20, 2026. Over the same period, 2 people sold shares worth $14.7M.
- SaleRichard D CampbellDirector2× since Aug 3, 2026: 212,557 shares, avg. $44.59$9.5MNov 5, 2026
- SaleJames D. SteinDirector3× since May 8, 2026: 130,000 shares, avg. $43.53$5.7MJul 28, 2026
- BuyNoe G VallesDirector623 shares at ?May 20, 2026
Plus 5 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
SPFI screens overvalued: fair value 46% below the price. Compare with China Merchants Bank Co →
Compare South Plains Financial Inc with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 998 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Debt-to-equity by industry
- Price/FCF by industry
- Piotroski F-Score screener with fair value
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Postal Savings Bank of China Co 601658 | ¥5.53 | ¥7.59 | +37% | vs SPFI |
| China Merchants Bank Co 600036 | ¥42.88 | ¥52.73 | +23% | vs SPFI |
| BNP Paribas SA BNP | €91.93 | €106.01 | +15% | vs SPFI |
| Intesa Sanpaolo S.p.A ISP | €6.18 | €4.49 | −27% | vs SPFI |
| State Bank of India SBIN | ₹1,019 | ₹736.65 | −28% | vs SPFI |
| UniCredit S.p.A UCG | €76.80 | €50.44 | −34% | vs SPFI |
| Mizuho Financial Group MFG | $9.40 | $5.90 | −37% | vs SPFI |
| DBS Group D05 | 69.72 SGD | 40.39 SGD | −42% | vs SPFI |
| HDFC Bank Limited HDFCBANK | ₹788.25 | ₹406.39 | −48% | vs SPFI |
| ICICI Bank Limited ICICIBANK | ₹1,571 | ₹615.63 | −61% | vs SPFI |
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Frequently asked questions
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Key figures of South Plains Financial Inc
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