South Plains Financial Inc
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, including demand deposit accounts, interest-bearing products, savings accounts, and certificate of deposits. The company also provides traditional trust products and services; debit … Read more
South Plains Financial Inc (SPFI) - Total Assets
Latest total assets as of December 2025: $4.48 Billion USD
Based on the latest financial reports, South Plains Financial Inc (SPFI) holds total assets worth $4.48 Billion USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
South Plains Financial Inc - Total Assets Trend (2017–2025)
This chart illustrates how South Plains Financial Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
South Plains Financial Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
South Plains Financial Inc's total assets of $4.48 Billion consist of 14.0% current assets and 86.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.3% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.13 Million | 0.0% |
| Goodwill | $19.32 Million | 0.4% |
Asset Composition Trend (2017–2025)
This chart illustrates how South Plains Financial Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: South Plains Financial Inc's current assets represent 14.0% of total assets in 2025, a decrease from 19.6% in 2017.
- Cash Position: Cash and equivalents constituted 1.3% of total assets in 2025, down from 11.5% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 0.4% of total assets.
South Plains Financial Inc Competitors by Total Assets
Key competitors of South Plains Financial Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
South Plains Financial Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - South Plains Financial Inc generates 0.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, South Plains Financial Inc generates $ 1.31 in net profit.
South Plains Financial Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.27 | 0.18 | 0.37 |
| Quick Ratio | 0.27 | 0.18 | 0.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.71 Billion | $ -2.97 Billion | $ -2.01 Billion |
South Plains Financial Inc - Advanced Valuation Insights
This section examines the relationship between South Plains Financial Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.40 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 5.9% |
| Total Assets | $4.48 Billion |
| Market Capitalization | $503.02 Million USD |
Valuation Analysis
Below Book Valuation: The market values South Plains Financial Inc's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: South Plains Financial Inc's assets grew by 5.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for South Plains Financial Inc (2017–2025)
The table below shows the annual total assets of South Plains Financial Inc from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $4.48 Billion | +5.87% |
| 2024-12-31 | $4.23 Billion | +0.65% |
| 2023-12-31 | $4.20 Billion | +6.61% |
| 2022-12-31 | $3.94 Billion | +1.08% |
| 2021-12-31 | $3.90 Billion | +8.41% |
| 2020-12-31 | $3.60 Billion | +11.18% |
| 2019-12-31 | $3.24 Billion | +19.33% |
| 2018-12-31 | $2.71 Billion | +5.42% |
| 2017-12-31 | $2.57 Billion | -- |