South Plains Financial - Stock

South Plains Financial Equity 2024

South Plains Financial Equity

407.11 M USD

Ticker

SPFI

ISIN

US83946P1075

WKN

A2PJ0C

In 2024, South Plains Financial's equity was 407.11 M USD, a 14.04% increase from the 357 M USD equity in the previous year.

South Plains Financial Aktienanalyse

What does South Plains Financial do?

South Plains Financial Inc is a company in the financial services industry that was founded in 2013 and is headquartered in Lubbock, Texas. The company offers a variety of financial products and services, including banking, lending, wealth management, and insurance. The history of South Plains Financial, Inc The company traces its roots back to the original founding of City Bank Texas in Lubbock in 1941. Over the decades, the company has built a strong presence in West Texas and expanded further in 2013 through the establishment of South Plains Financial Inc. Today, the company is listed on the NASDAQ stock exchange and has a market capitalization of over $1 billion. Business model The business model of South Plains Financial Inc is focused on offering a range of financial services. The company relies on a strong local presence in West Texas to provide a wide range of financial products and services. These include deposit and lending offerings, wealth management services, insurance, and other financial services. The company also has a strong presence in the agricultural sector of West Texas and offers specific financial services tailored to the sector's needs. Divisions and products South Plains Financial Inc offers various types of financial products and services tailored to the needs of business and personal customers. The main divisions of the company are Commercial Banking and Wealth Management. Commercial Banking Within the Commercial Banking division, the company offers various types of accounts and loans. These include deposit accounts such as checking accounts, savings accounts, and money market deposits. Lending offerings include commercial real estate loans, investment loans, construction loans, vehicle loans, and lines of credit. Wealth Management The Wealth Management division of South Plains Financial Inc caters to affluent individual clients and institutions. Services include financial planning, asset management, and consultation on tax and estate planning. Insurance The company also offers insurance products, including auto, home, life, accident, and health insurance. Agricultural Financing South Plains Financial specializes in agricultural financing and offers specific financial services to farmers. These include ag banking services, agricultural loans, farm management services, mortgage loans, operating capital, and agricultural business financing. Conclusion South Plains Financial Inc is a financial services company that offers a wide range of products and services at a local level in West Texas. Like many other financial companies, it aims to adapt to changes in the industry, including the impact of digitalization. By creating specialized services for the agricultural sector in West Texas, it has been able to differentiate itself from other companies. The company has established itself as a significant financial service provider in its region and will continue to strive to improve the breadth of its services and the quality of customer care. South Plains Financial ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing South Plains Financial's Equity

South Plains Financial's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding South Plains Financial's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating South Plains Financial's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

South Plains Financial's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in South Plains Financial’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about South Plains Financial Stock

What is the equity of South Plains Financial this year?

South Plains Financial has equity of 407.11 M USD this year.

What was the equity of South Plains Financial compared to the previous year?

The equity of South Plains Financial has increased/decreased by 14.04% increased compared to the previous year.

What impact does a high equity have on investors of South Plains Financial?

A high equity is advantageous for investors of South Plains Financial as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of South Plains Financial?

A low equity can be a risk for investors of South Plains Financial, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of South Plains Financial affect the company?

An increase in equity of South Plains Financial can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of South Plains Financial affect the company?

A reduction in equity of South Plains Financial can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of South Plains Financial?

Some factors that can affect the equity of South Plains Financial include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of South Plains Financial so important for investors?

The equity of South Plains Financial is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can South Plains Financial take to change the equity?

To change equity, South Plains Financial can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does South Plains Financial pay?

Over the past 12 months, South Plains Financial paid a dividend of 0.52 USD . This corresponds to a dividend yield of about 1.96 %. For the coming 12 months, South Plains Financial is expected to pay a dividend of 0.59 USD.

What is the dividend yield of South Plains Financial?

The current dividend yield of South Plains Financial is 1.96 %.

When does South Plains Financial pay dividends?

South Plains Financial pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of South Plains Financial?

South Plains Financial paid dividends every year for the past 8 years.

What is the dividend of South Plains Financial?

For the upcoming 12 months, dividends amounting to 0.59 USD are expected. This corresponds to a dividend yield of 2.25 %.

In which sector is South Plains Financial located?

South Plains Financial is assigned to the 'Finance' sector.

Wann musste ich die Aktien von South Plains Financial kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of South Plains Financial from 5/13/2024 amounting to 0.14 USD, you needed to have the stock in your portfolio before the ex-date on 4/26/2024.

When did South Plains Financial pay the last dividend?

The last dividend was paid out on 5/13/2024.

What was the dividend of South Plains Financial in the year 2023?

In the year 2023, South Plains Financial distributed 0.46 USD as dividends.

In which currency does South Plains Financial pay out the dividend?

The dividends of South Plains Financial are distributed in USD.

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Andere Kennzahlen von South Plains Financial

Our stock analysis for South Plains Financial Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of South Plains Financial Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.