South Plains FinancialSPFI +1.59%66 Net Margin % is 27.68% as of Mar. 2026, which is 5% above its 10-year median of 26.26. GuruFocus rates SPFI with a GF Score™ of 66/100 and a GF Value™ of $40.60 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,526 Banks companies, South Plains Financial ranks better than 57.01% on this metric.
The historical rank and industry rank for South Plains Financial's Net Margin % or its related term are showing as below:
SPFI'
s Net Margin % Range Over the Past 10 Years
Min: 17.7 Med: 26.26 Max: 35.6
Current: 28.83
SPFI's Net Margin % is ranked better than 57.01% of 1526
companies
in the Banks industry
Industry Median: 26.97
vs SPFI: 28.83
South Plains Financial (NAS:SPFI) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
South Plains Financial Net Margin % Related Terms
South Plains Financial Net Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Regional subindustry, South Plains Financial's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
South Plains Financial Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, South Plains Financial's Net Margin % distribution charts can be found below:
* The bar in red indicates where South Plains Financial's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
South Plains Financial (SPFI) has a Net Margin % of 27.68% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on South Plains Financial and its competitors. This is near median its historical median of 26.26. Over the past decade, South Plains Financial's Net Margin % has ranged from 17.70 to 35.60. According to the industry distribution chart, South Plains Financial ranks #656 out of 1526 companies in the Banks industry, placing it in the top 43%.
Is South Plains Financial's Net Margin % too high?
South Plains Financial's current Net Margin % of 27.68% is near median its 10-year median of 26.26. Over the past 10 years, this metric has ranged from a low of 17.70 to a high of 35.60. The Banks industry median Net Margin % is 26.97. South Plains Financial's value of 27.68% is 2.6% above this industry median. Based on the distribution chart, South Plains Financial ranks #656 out of 1526 companies in the Banks industry, which is above the industry midpoint. Overall, South Plains Financial has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does South Plains Financial's Net Margin % compare to CCBG and HTB?
According to the Banks industry distribution chart, South Plains Financial ranks #656 out of 1526 companies for Net Margin %. This puts South Plains Financial in the upper half of its industry. The industry median Net Margin % is 26.97. South Plains Financial's value of 27.68% is 2.6% above this benchmark. Historically, South Plains Financial's own Net Margin % has ranged from 17.70 to 35.60 over the past decade. While the company's 10-year median is 26.26 vs. the industry median of 26.97, South Plains Financial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.97, based on 1,526 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. South Plains Financial's current Net Margin % of 27.68% is 2.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on South Plains Financial and its competitors. For the Banks industry, the median Net Margin % is 26.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South Plains Financial's current Net Margin % is 27.68%, which is near median its own 10-year median of 26.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Plains Financial stock overvalued right now?
Based on GuruFocus' analysis, South Plains Financial (SPFI) is currently considered Fairly Valued. The stock's GF Value™ is $40.60, compared to a current price of $42.85 — trading 5.5% above its estimated fair value. The current Net Margin % is 27.68%, which is near median its 10-year median of 26.26 and 2.6% above the Banks industry median of 26.97. South Plains Financial's overall GF Score™ is 66/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For South Plains Financial (SPFI), the current Net Margin % is 27.68% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is South Plains Financial (SPFI) Overvalued in 2026?
Based on GuruFocus' analysis, South Plains Financial stock appears to be overvalued.
The current stock price of $42.85 is trading 5.5% above its estimated GF Value™ of $40.60.
GuruFocus considers South Plains Financial to be Fairly Valued.
Key valuation signals for SPFI:
Net Margin %: 27.68% (near median its 10-year median of 26.26)
GF Value™: $40.60 vs. price of $42.85 (5.5% above fair value)
Industry Position: 2.6% above the Banks median (#656 of 1526)
No single metric tells the full story. See the SPFI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. The majority of the company's revenues is derived from interest income and other sources, including loans, securities and derivatives.
66GF Score
Get the complete analysis for SPFI
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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