South Plains Financial Market capitalization 2024

South Plains Financial Market capitalization

478.05 M USD

South Plains Financial Dividend yield

1.89 %

Ticker

SPFI

ISIN

US83946P1075

WKN

A2PJ0C

In 2024, South Plains Financial's market cap stood at 478.05 M USD, a 18.51% increase from the 403.38 M USD market cap in the previous year.

The South Plains Financial Market capitalization history

YEARREVENUE (undefined USD)GROSS MARGIN (%)NET INCOME (undefined USD)
2026e222.64-41.75
2025e203.01-43.21
2024e192.47-40.87
2023291.26-62.75
2022237.3-58.2
2021232.5-58.6
2020239.8-45.4
2019189.5-29.2
2018170.2-29.3
2017151.8-23.6

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.

Market capitalization Details

Exploring South Plains Financial's Market Capitalization

South Plains Financial's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of South Plains Financial's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

South Plains Financial's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in South Plains Financial’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about South Plains Financial Stock

What is the current South Plains Financial market capitalization?

The current market capitalization of South Plains Financial is 478.05 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like South Plains Financial.

How has the market capitalization of South Plains Financial developed in recent years?

The market capitalization of South Plains Financial has increased/decreased by 18.51% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of South Plains Financial?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of South Plains Financial?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of South Plains Financial have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

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 1.89 %. 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 1.89 %.

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 2.16 %.

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.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

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.