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Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#1490
Positioning
Market Dominance
Finance, Insurance, And Real Estate
Banking
$625M
Curtis C. Griffith
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. It offers deposit products, interest-bearing products, savings accounts, and certificate of deposits. The company operates 25 full-service banking locations; and 15 loan production offices.
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Dates updated upon official exchange announcement.
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X-AXIS: EV/EBITDA (LOWER = CHEAPER) | Y-AXIS: ROE (HIGHER = ELITE) | RED CIRCLE = SPFI ANALYSIS TARGET
| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$SII SPROTT INC. | 75 | 91 | 87 | 98 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PUK PRUDENTIAL PLC | 73 | 88 | 97 | 80 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$NMR NOMURA HOLDINGS INC | 72 | 81 | 92 | 87 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PSLV Sprott Physical Silver Trust | 69 | 82 | 80 | 98 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$UFCS UNITED FIRE GROUP INC | 68 | 81 | 93 | 76 | 5.0x | 3.5x | 13.2% | 4.1% | 99.9% | 14.7% | 11.1% | 9.2% | 2.1% | 16.0x | $775M | VS | |
$SLF SUN LIFE FINANCIAL INC | 68 | 83 | 95 | 63 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$CBOE Cboe Global Markets, Inc. | 68 | 75 | 63 | 77 | 21.3x | 15.7x | 24.0% | 13.7% | 41.7% | 32.4% | 26.4% | 8.2% | 1.1% | 30.0x | $25.7B | VS | |
$VTMX Vesta Real Estate Corporation, S.A.B. de C.V. | 67 | 69 | 77 | 80 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PHYS Sprott Physical Gold Trust | 67 | 64 | 82 | 91 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$GLDM World Gold Trust | 66 | 54 | 85 | 92 | 11.3x | 11.3x | - | 20.9% | 100.0% | 97.1% | 554.8% | -19.0% | 0.0% | - | $32.0B | VS | |
$SPFI SOUTH PLAINS FINANCIAL, INC. | 53 | 34 | 58 | 64 | 12.7x | 10.0x | 11.4% | 1.2% | 0.0% | 27.6% | 21.7% | 9.0% | 1.6% | 838.0x | $625M | ||
| SECTOR BENCH | - | - | - | - | - | 11.9x | 7.8x | 9.0% | 1.3% | 77.7% | 18.1% | 21.9% | 10.7% | 2.0% | 0.5x | - | REF |
SOUTH PLAINS FINANCIAL, INC. (SPFI) receives a "Hold" rating with a composite score of 53.3/100. It ranks #1490 out of 7,333 stocks in our coverage universe and carries a 3-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
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Outperforming peers — winners tend to keep winning over 3-12 months
Fair valuation relative to peers
Weak fundamentals — higher risk of value trap
Low volatility — smoother ride and historically better risk-adjusted returns
Aggressive spending — empire-building risk, dilutive growth
Mid-range overall rating
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Relative valuation derived from Finance, Insurance, And Real Estate sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
Projection based on user-defined inputs. Re-calculated daily against current market data.
Reverse DCF Framework — Mauboussin Methodology
Institutional-grade Reverse DCF analysis. This model identifies the growth hurdles embedded in current market prices. When implied growth is significantly lower than historical or projected rates, a margin of safety may exist. Re-audited daily.
No analyst ratings for SPFI.
View All Ratings| Factor | Global | Sector | Tilt |
|---|---|---|---|
| PROFITABILITY | 34 | 61 | -27DRAG |
| MOMENTUM | 64 | 70 | -6DRAG |
| VALUATION | 58 | 80 | -22DRAG |
| INVESTMENT | 28 | 31 | -3NEUTRAL |
| STABILITY | 63 | 71 | -8DRAG |
| SHORT INT | 86 | 96 | -10DRAG |
Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.
ROIC 369.1% vs WACC 11.2% (spread +357.9%)
GM 0% vs sector 78%, OM 28% vs sector 18%
Capital turnover 14.59x
Rev growth 9%, 6yr history
Interest coverage 1.0x, Net debt/EBITDA 0.2x
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
We rate SOUTH PLAINS FINANCIAL, INC. (SPFI) as a Hold with a composite score of 53.3/100 at a current price of $41.27. The stock presents a mixed quantitative picture — neither compelling enough to warrant new accumulation nor weak enough to justify selling.
SOUTH PLAINS FINANCIAL, INC. holds a top-quartile position (#0 of 50) within the Finance, Insurance, And Real Estate sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 53.3/100 places it at rank #1490 in our full universe.
The near-term outlook is constructive, with revenue growing at 9% and momentum in the 64th percentile confirming positive market sentiment. The combination of strong top-line growth and favorable price dynamics suggests the company is executing well on its growth strategy.
Narrow
Medium
Standard
Fair Value
Stable competitive position in a defensive sector.
Leverage of 838% D/E amplifies downside risk.
Below-average quality raises earnings sustainability concerns.
Vulnerability to macroeconomic shocks and interest rate volatility.
SOUTH PLAINS FINANCIAL, INC. represents a hold based on multi-factor quantitative performance.
Our model assigns SOUTH PLAINS FINANCIAL, INC. a Hold rating, with a composite score of 53.3/100 and 3 out of 5 stars. Ranked #1490 of 7,333 stocks, SPFI presents a mixed quantitative picture — neither compelling enough to initiate new positions nor weak enough to warrant selling. Investors already holding may consider maintaining their position while monitoring for changes in the factor profile.
SPFI's quality score of 34/100 is below average, suggesting challenges with profitability or capital efficiency. The company reports a return on equity of 11.4% (sector avg: 9.0%), gross margins of 0.0% (sector avg: 77.7%), net margins of 21.7% (sector avg: 21.9%). Investors should examine whether management is actively addressing these weaknesses or if they reflect structural industry headwinds.
SPFI's value score of 58/100 indicates the stock is fairly valued based on its current fundamentals. Key valuation metrics include a P/E ratio of 12.72x, an EV/EBITDA of 9.99x, a P/B ratio of 1.45x. At this level, neither a clear bargain nor overpriced, the stock's attractiveness depends more on forward growth expectations and qualitative factors.
SOUTH PLAINS FINANCIAL, INC.'s investment score of 28/100 suggests limited reinvestment activity. Key growth metrics include revenue growth of 9.0% vs. a sector average of 10.7% and a return on assets of 1.2% (sector: 1.3%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.
SPFI demonstrates moderate momentum with a score of 64/100, suggesting a neutral price trend without strong directional conviction. Revenue growth stands at 9.0% year-over-year, while a beta of 0.66 reflects its sensitivity to broader market moves. Moderate momentum may indicate the stock is consolidating or transitioning between trends, warranting close monitoring of upcoming catalysts.
With a stability score of 63/100, SPFI exhibits average financial resilience. Key stability metrics include a beta of 0.66 and a debt-to-equity ratio of 838.00x (sector avg: 0.5x). While the balance sheet is not a major concern, the stock is subject to typical market volatility and may experience sharper drawdowns during risk-off episodes.
SPFI's short interest factor score of 86/100 indicates very low short selling activity relative to peers — a positive signal suggesting institutional investors see limited near-term downside. Specific risk factors include elevated leverage (D/E: 838.00x), small-cap liquidity risk. As a small-cap company with a market capitalization of $625M, SOUTH PLAINS FINANCIAL, INC. benefits from the generally lower volatility and deeper liquidity associated with its size class.
SPFI offers a modest dividend yield of 1.6%. This compares to a sector average dividend yield of 2.0%. While the income contribution is relatively small, even a small dividend signals management's commitment to shareholder returns and can serve as a signal of financial discipline.
SOUTH PLAINS FINANCIAL, INC. is a small-cap company in the Finance, Insurance, And Real Estate sector, ranked #0 of 50 in its sector (100th percentile) and #1490 of 7,333 overall (80th percentile). Key comparisons include ROE of 11.4% exceeding the 9.0% sector median and operating margins of 27.6% above the 18.1% sector average. This top-quartile standing reflects exceptional competitive strength relative to Finance, Insurance, And Real Estate peers.
While SPFI currently exhibits a HOLD profile, superior opportunities exist within the FINANCE, INSURANCE, AND REAL ESTATE sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
View Top Finance, Insurance, And Real Estate Alpha →Quant Factor Profile
Key factor gap
Short Int. (86) vs Investment (28) — closing this gap could shift the rating.
EV/EBITDA 29% ABOVE SECTOR MEDIAN
ROE 27% ABOVE SECTOR MEDIAN (FAVORABLE)
Gross Margin 100% BELOW SECTOR MEDIAN
Above 50MA
37.18%
Net New Highs
+51081
LUBBOCK, Texas, Feb. 23, 2026 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), today announced that the board of directors of the Company (the “Board”) approved a new stock repurchase program for up to $10.0 million of the outstanding shares of the Company’s common stock (the “Stock Repurchase Program”). The Stock Repurchase Program will conclude on February 23, 2027, subject to the earlier termination or extension of the Stock Repurchase Program
The board of South Plains Financial, Inc. ( NASDAQ:SPFI ) has announced that it will be paying its dividend of $0.17 on...

South Plains Financial, Inc. (NASDAQ: SPFI), the parent company of City Bank, announced a 6% increase to its quarterly cash dividend to $0.17 per share, up from the previous dividend declared in November 2025. The dividend is payable on February 17, 2026 to shareholders of record as of February 2, 2026.

South Plains Financial announced an all-stock acquisition of BOH Holdings for $105.9 million, strengthening its presence in the Houston market and creating a combined entity with approximately $5.4 billion in assets.