South Plains FinancialSPFI +1.45%67 Dividend Payout Ratio is 0.20 as of Mar. 2026, which is 43% above its 10-year median of 0.14. GuruFocus rates SPFI with a GF Score™ of 67/100 and a GF Value™ of $40.60 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,168 Banks companies, South Plains Financial ranks better than 82.79% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. South Plains Financial's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.20.
The historical rank and industry rank for South Plains Financial's Dividend Payout Ratio or its related term are showing as below:
SPFI'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.14 Max: 0.25
Current: 0.18
During the past 9 years, the highest Dividend Payout Ratio of South Plains Financial was 0.25. The lowest was 0.04. And the median was 0.14.
SPFI's Dividend Payout Ratio is ranked better than 82.79% of 1168
companies
in the Banks industry
Industry Median: 0.32
vs SPFI: 0.18
During the past 9 years, the highest Trailing Annual Dividend Yield of South Plains Financial was 2.39%. The lowest was 0.14%. And the median was 1.50%.
During the past 12 months, South Plains Financial's average Dividends Per Share Growth Rate was 10.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 10.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 30.90% per year.
During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of South Plains Financial was 97.20% per year. The lowest was 10.50% per year. And the median was 39.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
South Plains Financial (NAS:SPFI) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
South Plains Financial Dividend Payout Ratio Related Terms
South Plains Financial Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for South Plains Financial's Dividend Payout Ratio can be seen below:
* 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 Dividend Payout Ratio Chart
SPFI vs CCBG, HTB, GSBC: Dividend Payout Ratio Comparison
For the Banks - Regional subindustry, South Plains Financial's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Banks Industry
For the Banks industry and Financial Services sector, South Plains Financial's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where South Plains Financial's Dividend Payout Ratio falls into.
South Plains Financial Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
South Plains Financial's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Dividend Payout Ratio of 0.20 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on South Plains Financial and its competitors. This is 43% above median its historical median of 0.14. Over the past decade, South Plains Financial's Dividend Payout Ratio has ranged from 0.04 to 0.25. According to the industry distribution chart, South Plains Financial ranks #201 out of 1168 companies in the Banks industry, placing it in the top 17.2%.
Is South Plains Financial's Dividend Payout Ratio too high?
South Plains Financial's current Dividend Payout Ratio of 0.20 is 43% above median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.25. The Banks industry median Dividend Payout Ratio is 0.32. South Plains Financial's value of 0.20 is 37.5% below this industry median. Based on the distribution chart, South Plains Financial ranks #201 out of 1168 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, South Plains Financial has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does South Plains Financial's Dividend Payout Ratio compare to CCBG and HTB?
According to the Banks industry distribution chart, South Plains Financial ranks #201 out of 1168 companies for Dividend Payout Ratio. This places South Plains Financial in the top 17% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.32. South Plains Financial's value of 0.20 is 37.5% below this benchmark. Historically, South Plains Financial's own Dividend Payout Ratio has ranged from 0.04 to 0.25 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.32, South Plains Financial has consistently been below 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 Dividend Payout Ratio for a Banks company?
The median Dividend Payout Ratio among Banks companies is 0.32, based on 1,168 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. South Plains Financial's current Dividend Payout Ratio of 0.20 is 37.5% below 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on South Plains Financial and its competitors. For the Banks industry, the median Dividend Payout Ratio is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South Plains Financial's current Dividend Payout Ratio is 0.20, which is 43% above median its own 10-year median of 0.14. 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 $43.47 — trading 7.1% above its estimated fair value. The current Dividend Payout Ratio is 0.20, which is 43% above median its 10-year median of 0.14 and 37.5% below the Banks industry median of 0.32. South Plains Financial's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For South Plains Financial (SPFI), the current Dividend Payout Ratio is 0.20 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 $43.47 is trading 7.1% above its estimated GF Value™ of $40.60.
GuruFocus considers South Plains Financial to be Fairly Valued.
Key valuation signals for SPFI:
Dividend Payout Ratio: 0.20 (43% above median its 10-year median of 0.14)
GF Value™: $40.60 vs. price of $43.47 (7.1% above fair value)
Industry Position: 37.5% below the Banks median (#201 of 1168)
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.
67GF Score
Get the complete analysis for SPFI
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SPFI has been successfully added to your 
