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South Plains Financial Valuation Multiples
Discover revenue and EBITDA valuation multiples for South Plains Financial and similar public comparables like SmartFinancial, Amen Bank, SpareBank 1 Ringerike Hadeland, Banco Pine and more.
South Plains Financial Overview
About South Plains Financial
South Plains Financial Inc operates as a bank holding company. The company provides a wide range of commercial and consumer financial services to small and medium-sized businesses and individuals. The principal business activities include commercial and retail banking, along with insurance, investment, trust, and mortgage services. The company has one reportable segment: banking.
Founded
1992
HQ
Employees
600
Website
Sectors
Financials (LTM)
EV
$789M
South Plains Financial Financials
South Plains Financial reported last 12-month revenue of $222M.
In the same LTM period, South Plains Financial generated $61M in net income.
Revenue (LTM)
South Plains Financial P&L
In the most recent fiscal year, South Plains Financial reported revenue of $212M and net income of $58M.
South Plains Financial expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $222M | XXX | $212M | XXX | XXX | XXX |
| EBIT Margin | 38% | XXX | 38% | XXX | XXX | XXX |
| Net Profit | $61M | XXX | $58M | XXX | XXX | XXX |
| Net Margin | 28% | XXX | 28% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
South Plains Financial Stock Performance
South Plains Financial has current market cap of $729M, and enterprise value of $789M.
Market Cap Evolution
South Plains Financial's stock price is $44.58.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $789M | $729M | 1.6% | XXX | XXX | XXX | $3.58 |
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Start Free TrialSouth Plains Financial Valuation Multiples
South Plains Financial trades at 3.6x EV/Revenue multiple.
EV / Revenue (LTM)
South Plains Financial Financial Valuation Multiples
As of April 11, 2026, South Plains Financial has market cap of $729M and EV of $789M.
Equity research analysts estimate South Plains Financial's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
South Plains Financial has a P/E ratio of 11.9x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $729M | XXX | $729M | XXX | XXX | XXX |
| EV (current) | $789M | XXX | $789M | XXX | XXX | XXX |
| EV/Revenue | 3.6x | XXX | 3.7x | XXX | XXX | XXX |
| EV/EBIT | 9.5x | XXX | 9.8x | XXX | XXX | XXX |
| P/E | 11.9x | XXX | 12.5x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 11.0x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified South Plains Financial Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
South Plains Financial Margins & Growth Rates
South Plains Financial's revenue in the last 12 month grew by 15%.
South Plains Financial's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.2M for the same period.
South Plains Financial Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 15% | XXX | 17% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 2% | XXX | 2% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 36% | XXX | XXX | XXX |
| Opex to Revenue | 61% | XXX | 63% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
South Plains Financial Public Comps
See public comps and valuation multiples for other Commercial Banking comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| SmartFinancial | XXX | XXX | XXX | XXX | XXX | XXX |
| Amen Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| SpareBank 1 Ringerike Hadeland | XXX | XXX | XXX | XXX | XXX | XXX |
| Banco Pine | XXX | XXX | XXX | XXX | XXX | XXX |
| Equitas Small Finance Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
South Plains Financial M&A Activity
South Plains Financial acquired XXX companies to date.
Last acquisition by South Plains Financial was on XXXXXXXX, XXXXX. South Plains Financial acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by South Plains Financial
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialSouth Plains Financial Investment Activity
South Plains Financial invested in XXX companies to date.
South Plains Financial made its latest investment on XXXXXXXX, XXXXX. South Plains Financial invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by South Plains Financial
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout South Plains Financial
| When was South Plains Financial founded? | South Plains Financial was founded in 1992. |
| Where is South Plains Financial headquartered? | South Plains Financial is headquartered in United States. |
| How many employees does South Plains Financial have? | As of today, South Plains Financial has over 600 employees. |
| Who is the CEO of South Plains Financial? | South Plains Financial's CEO is Curtis C. Griffith. |
| Is South Plains Financial publicly listed? | Yes, South Plains Financial is a public company listed on Nasdaq. |
| What is the stock symbol of South Plains Financial? | South Plains Financial trades under SPFI ticker. |
| When did South Plains Financial go public? | South Plains Financial went public in 2019. |
| Who are competitors of South Plains Financial? | South Plains Financial main competitors are SmartFinancial, Amen Bank, SpareBank 1 Ringerike Hadeland, Banco Pine. |
| What is the current market cap of South Plains Financial? | South Plains Financial's current market cap is $729M. |
| What is the current revenue of South Plains Financial? | South Plains Financial's last 12 months revenue is $222M. |
| What is the current revenue growth of South Plains Financial? | South Plains Financial revenue growth (NTM/LTM) is 15%. |
| What is the current EV/Revenue multiple of South Plains Financial? | Current revenue multiple of South Plains Financial is 3.6x. |
| Is South Plains Financial profitable? | Yes, South Plains Financial is net-income-positive (as of the last 12 months). |
| What is the current net income of South Plains Financial? | South Plains Financial's last 12 months net income is $61M. |
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