SOUTH PLAINS FINANCIAL INC (SPFI)
Financials · regional banks · NASDAQ
South Plains Financial is a Texas-based bank holding company providing comprehensive commercial and retail banking services with a strong focus on real estate and agricultural lending.
What SOUTH PLAINS FINANCIAL INC does
South Plains Financial, Inc. is a bank holding company that operates through its primary subsidiary, City Bank. The company provides a broad range of commercial and consumer banking services, including deposit accounts, residential and commercial real estate lending, agricultural loans, and mortgage banking, as well as trust and investment services.
Themes: regional banking, real estate lending, agricultural lending, mortgage banking
Fundamentals
- Price$42.80 as of 2026-10-08 close
- Market cap$806M as of 2026-08-04 (share count; price 2026-10-08)
- 1-year return+11.3% 2025-10-08 close $38.46 → 2026-10-08 close $42.80
- P/E11.66 as of 2026-10-08
- ROE+11.8% FY2025, SEC XBRL
- Debt / equity0.10 as of 2026-09-02
- Revenue growth (YoY)+34.4% as of 2026-09-02
- Beta0.74 as of 2026-09-02
- Last reported earnings2026-07-17 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +1.6%; 7-year non-decreasing per-share dividend streak (SEC XBRL).
How SPFI compares in its sector
- price-to-earnings ratiomiddle range 513 covered Financials peers, as of 2026-10-08
- return on equitymiddle range 559 covered Financials peers, as of 2026-09-02
- indicated dividend yieldmiddle range 468 covered Financials peers, as of 2026-09-02
- free cash flow (absolute dollars, latest fiscal year)middle range 430 covered Financials peers, as of FY2025
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, SPFI's dividend was covered by reported results (earnings payout 17%, free-cash-flow payout 14%). This describes past coverage, not a forecast.
- Earnings payout17% dividends / net income
- Free-cash-flow payout14% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How SOUTH PLAINS FINANCIAL INC looks technically
SOUTH PLAINS FINANCIAL INC (SPFI) is trading 1.3% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 318 trading days ago — a "golden cross", a bullish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 24 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 44, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 1 trading day ago (its momentum flipped positive). It made a new 20-day low about 7 trading days ago.
Trend
9
| Distance from the 200-day | it is trading 1.3% above its 200-day average, the long-term trend line — a longer-term uptrend | +1.3% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $44.08 | $44.08 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $42.26 | $42.26 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing low 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Wave structure | its recent swings can be read as a completed three-part downward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes below 40.69. It is the only labelling that fits, and it describes the swings already printed, not what comes next. | possible three-wave downward correction, complete |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 318 trading days ago — a "golden cross", a bullish long-term signal | 318 sessions |
| Above the 200-day after a dip | it recently dipped to its 200-day average (the long-term trend line) and has since climbed back above it — now about 1.3% above | +1.3% |
| Trend strength (14-day ADX) | a trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 24 (a reading of 25+ marks a strong trend) | 23.8 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 44, neither overbought (above 70) nor oversold (below 30) | 44.3 |
|---|---|---|
| Position in its 14-day range | it is trading around the middle of its 14-day range ($40.69 to $44.67) — its "stochastic" reading is 53 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 53.0 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 1 trading day ago (its momentum flipped positive) | 1 session |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $46.94 | $46.94 |
|---|---|---|
| From the 52-week high | it is 8.8% below its 52-week high (its highest price of the past year) | -8.8% |
| Above the 52-week low | it is 21.1% above its 52-week low (its lowest price of the past year) | +21.1% |
| Below the 52-week high | it is 8.8% below its highest point of the past year | 8.8% |
| Since a 20-day breakout | it made a new 20-day low about 7 trading days ago | 7 sessions |
| Since a 55-day breakout | it made a new 55-day low about 7 trading days ago | 7 sessions |
| All-time high | its highest closing price on record is $46.94 (set on 2026-07-17) | $46.94 |
| Given back of the 52-week move | over the past year its closes ranged ($35.93 to $45.96), and it has given back roughly a third of its rise from last year’s low — 32% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $39.44 to $39.76. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 31.5% |
| From the all-time high | it is 8.8% below its all-time high | -8.8% |
| Nearest price level | it is sitting right on a support level at $42.61 — a price it turned at five times since 2025-07-21, most recently on 2026-08-31. Since 2024-10-08 it has 12 such levels below the current price and 2 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -0.4% |
| All-time low | its lowest closing price on record is $11.30 (set on 2020-04-24) | $11.30 |
| Above the all-time low | it is 278.8% above its all-time low | +278.8% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 41st percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.9123 between its high and its low — about 2.1% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.9123 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $41.49 and $44.88 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $41.49 – $43.19 – $44.88 |
| Typical daily range (% of price) | its price moves about 2.1% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.1% |
| Stretch from the 200-day average | it is trading 0.6 daily ranges above its 200-day average price (1.3% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 0.6 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.69× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
3
| Since a doji | 3 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 3 sessions ago |
|---|---|---|
| Since a hammer | 6 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 6 sessions ago |
| Since a bullish engulfing | 5 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 5 sessions ago |
Price gaps
1
| Gap at the open | it opened on 2026-10-08 0.2% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -0.2% |
|---|
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 6.6 percentage points (the stock lost 5.6% while the market gained 1.0%) | -6.6% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 0.6 percentage points (the stock gained 3.2% while the market gained 3.8%) | -0.7% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 16.8 percentage points (the stock gained 0.7% while the market gained 17.5%) | -16.8% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 3.7 percentage points (the stock gained 11.3% while the market gained 15.0%) | -3.7% |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, MACD momentum is positive — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bearish state: lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 2 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 1.8% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thin, spanning 1.1% of the share price, which is taken to mean a barrier that gives way easily. | -1.8% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is sitting right on the average price paid so far this year, so the typical buyer over that stretch is roughly break-even. That average is $42.60 — a volume-weighted average of daily closes over 188 sessions, not a true tick-by-tick VWAP. | +0.5% |
|---|---|---|
| Vs the average paid since it last reported | the price is 3% below the average price paid since it last reported on 2026-07-17 (its 8-K), so the typical buyer over that stretch is under water. That average is $44.23 — a volume-weighted average of daily closes over 59 sessions, not a true tick-by-tick VWAP. | -3.2% |
Price levels it has turned at before
SPFI last closed at $42.80 on 2026-10-08. Since 2024-10-08 it has turned at 12 prices below its last close and 2 above; the 3 nearest below and the 2 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $42.61 | Support | 0.4% below the last close | turned there five times · 2025-07-21 to 2026-08-31 |
| $41.62 | Support | 2.8% below the last close | turned there five times · 2025-08-25 to 2026-05-26 |
| $44.17 | Resistance | 3.2% above the last close | turned there six times · 2026-02-05 to 2026-09-22 |
| $40.71 | Support | 4.9% below the last close | turned there 7 times · 2024-11-11 to 2026-10-01 |
| $45.56 | Resistance | 6.5% above the last close | turned there three times · 2026-04-17 to 2026-09-04 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part downward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $40.69.
It is the only labelling that fits these swings, though its proportions are not the textbook ones.
This reading has stood for 1 trading day, since 2026-10-08.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Near 200-day moving-average support · Trading above the 200-day moving average · MACD just crossed bullish (12/26/9) · lagging the market · Trading at this year’s average price paid (anchored VWAP) · Under water since its last earnings report (below the anchored VWAP) | Learn: moving average · golden cross · adx · rsi · macd · breakout
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$50.75 range $50.00 – $53.00; median $50.00
Analyst estimates, as of 2026-10-05. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for SPFI
- Consensus EPS estimate$0.9925 next reporting period, as of 2026-10-05
- Estimate change, 30 days$0.00 (0.0%) from $0.9925, on 2026-08-31, 35-day window
- Readings revised upward0% of 8 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["exposure to interest rate fluctuations affecting net interest margins","credit risk associated with loan portfolios and the allowance for credit losses","risks related to business acquisitions and integration"]
What changed in the latest 10-Q
AI-assisted comparison of SPFI's 10-Q filed 2026-05-05 against the prior one filed 2025-11-06.
Management's Discussion & Analysis (MD&A)
- Added:
- Added reference to 2025 Annual Report on Form 10-K filed March 5, 2026 (newer filing dated 2026-05-05)
- Added new risk factor: 'risks relating to the acquisition of BOH Holdings, Inc. (BOH)' including transaction impact, business combination, cost savings realization, operating costs, customer loss, and competitive pressures
- Added reference to 'increased competitive pressures on solicitations of customers by competitors' as a specific BOH-related risk
- Added phrase 'uncertainty or perceived instability in the banking industry as a whole' as a standalone risk factor
- Added 'increases in unemployment rates' (changed from 'changes in unemployment rates')
- Added specific mention of 'military conflicts (including the conflicts in the Middle East, the possible expansion of such conflicts and potential geopolitical and economic consequences)'
- Removed:
- Removed reference to 2024 Annual Report on Form 10-K filed March 7, 2025 (older filing dated 2025-11-06)
- Removed risk factor: 'slower economic growth rates or potential recession' (replaced with just 'potential recession')
- Removed risk factor: 'the impacts related to or resulting from uncertainty in the banking industry as a whole' (as a distinct item)
- Removed risk factor: 'increased competition for deposits among traditional and nontraditional financial services companies'
- Removed risk factor: 'our ability to effectively execute our expansion strategy and manage our growth, including identifying and consummating suitable acquisitions'
- Removed risk factor: 'adverse changes in customer spending, borrowing and savings habits'
- Removed risk factor: 'changes in unemployment rates' (replaced with 'increases in unemployment rates')
- Removed risk factor: 'natural disasters, severe weather, acts of god, acts of war or terrorism, geopolitical instability, public health outbreaks (such as coronavirus), other international or domestic calamities, and other events beyond our control, including as a result of policies of the U.S. presidential administration or Congress'
- Removed risk factor: 'a deterioration of the credit rating for United States long-term sovereign debt or the impact of uncertain or changing political conditions, including federal government shutdowns and uncertainty regarding United States fiscal debt, deficit and budget matters'
- Removed risk factor: 'the impacts of tariffs, sanctions and other trade policies of the United States and its global trading counterparts and the resulting impact on the Company and its customers'
- Removed risk factor: 'compliance with governmental and regulatory requirements, including the Dodd-Frank Act Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018 (EGRRCPA), and others relating to banking, consumer protection, securities and tax matters'
- Removed risk factor: 'changes in the laws, rules, regulations, interpretations or policies that apply to the Company's business and operations, and any additional regulations, or repeals that may be forthco'
- Reworded:
- Changed 'the impacts related to or resulting from uncertainty in the banking industry as a whole' to 'uncertainty or perceived instability in the banking industry as a whole'
- Changed 'increased competition for deposits among traditional and nontraditional financial services companies, and related changes in deposit customer behavior' to 'increased competition for deposits and related changes in deposit customer behavior'
- Changed 'changes in unemployment rates in the United States and our market areas' to 'increases in unemployment rates in the United States and our market areas'
- Changed 'cyber-attack' to 'cyber attack' (hyphenation removed)
- Changed longer geopolitical risk description to 'military conflicts (including the conflicts in the Middle East, the possible expansion of such conflicts and potential geopolitical and economic consequences), acts of terrorism, geopolitical instability, domestic civil unrest or oth[er]' (text truncated in newer version)
- Notes:
- Newer filing text appears truncated at end of risk factors section
- Older filing text also appears truncated at end
- Comparison limited by truncation of both source texts; full extent of changes cannot be fully assessed
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 4 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 90 days · read to 2026-10-040 buys · 4 sells ($12M) — 2 selling insiders
- Last 180 days · read to 2026-10-041 buy · 8 sells ($13M) — 1 buying, 2 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-08-04. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about SPFI's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding SPFI as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 2,069,219
- Reported value $89,152,296
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 4 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about SPFI's institutional holders → See what each manager we track holds →
Short interest (FINRA)
SPFI had 564,291 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
SPFI had 3.00% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 4.55 days to cover at the same settlement.
- Reported short interest (shares) 564,291
- Short interest (% of shares outstanding) 3.00%
- Prior settlement (shares) 483,415
- Reported change 16.73%
- Days to cover (reported) 4.55
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- BOK Financial (BOKF)
- Texas Capital Bancshares (TCBI)
- Cullen/Frost Bankers (CFR)
- Simmons First National (SFNC)
- Home BancShares (HOMB)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does SOUTH PLAINS FINANCIAL INC (SPFI) do?
South Plains Financial, Inc. is a bank holding company that operates through its primary subsidiary, City Bank. The company provides a broad range of commercial and consumer banking services, including deposit accounts, residential and commercial real estate lending, agricultural loans, and mortgage banking, as well as trust and investment services.
What sector is SOUTH PLAINS FINANCIAL INC (SPFI) in?
SOUTH PLAINS FINANCIAL INC (SPFI) is classified in the Financials sector. Its industry is regional banks. It trades on NASDAQ.
Does SPFI pay a dividend?
Yes — SOUTH PLAINS FINANCIAL INC (SPFI) pays a dividend, with an indicated yield of about 1.64% and 7-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-09-02). Informational only — not financial advice.
Who are SOUTH PLAINS FINANCIAL INC's (SPFI) competitors?
Notable peers of SOUTH PLAINS FINANCIAL INC (SPFI) include BOK Financial, Texas Capital Bancshares, Cullen/Frost Bankers, Simmons First National and Home BancShares. This peer set is informational only — not financial advice.
Is SOUTH PLAINS FINANCIAL INC (SPFI) overbought or oversold right now?
SOUTH PLAINS FINANCIAL INC (SPFI) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 44, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on SPFI come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest; prices are market data, as of 2026-09-02; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.