RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

South Plains Financial ROA 2024

South Plains Financial ROA

0.01

South Plains Financial Dividend yield

1.92 %

Ticker

SPFI

ISIN

US83946P1075

WKN

A2PJ0C

In 2024, South Plains Financial's return on assets (ROA) was 0.01, a 1.13% increase from the 0.01 ROA 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.

ROA Details

Understanding South Plains Financial's Return on Assets (ROA)

South Plains Financial's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing South Plains Financial's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider South Plains Financial's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in South Plains Financial’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about South Plains Financial Stock

What is the Return on Assets (ROA) of South Plains Financial this year?

The Return on Assets (ROA) of South Plains Financial is 0.01 undefined this year.

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

The ROA of South Plains Financial has increased by 1.13% compared to the previous year.

What consequences do high ROA have for investors of South Plains Financial?

A high ROA is advantageous for investors of South Plains Financial, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in South Plains Financial?

A low ROA can be unfavorable for investors of South Plains Financial as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

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

An increase in ROA of South Plains Financial can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of South Plains Financial impact the company?

A reduction in the ROA of South Plains Financial can be an indicator of lower asset efficiency and profitability.

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

Some factors that can influence the ROA of South Plains Financial include revenue, operating costs, asset structure, and industry average.

Why is the ROA of South Plains Financial important for investors?

The ROA of South Plains Financial is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can South Plains Financial take to improve ROA?

To improve ROA, South Plains Financial can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 1.92 %. 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 1.92 %.

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 2.19 %.

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.