South Plains FinancialSPFI +1.59%66 ROE % is 11.65% as of Mar. 2026, which is 22% below its 10-year median of 14.94. 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 1,523 Banks companies, South Plains Financial ranks better than 68.22% on this metric.
The historical rank and industry rank for South Plains Financial's ROE % or its related term are showing as below:
SPFI'
s ROE % Range Over the Past 10 Years
Min: 11.75 Med: 14.94 Max: 18.73
Current: 12.79
During the past 9 years, South Plains Financial's highest ROE % was 18.73%. The lowest was 11.75%. And the median was 14.94%.
SPFI's ROE % is ranked better than 68.22% of 1523
companies
in the Banks industry
Industry Median: 10.22
vs SPFI: 12.79
South Plains Financial (NAS:SPFI) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
* 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 ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Banks Industry
For the Banks industry and Financial Services sector, South Plains Financial's ROE % distribution charts can be found below:
* The bar in red indicates where South Plains Financial's ROE % 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
South Plains Financial (SPFI) has a ROE % of 11.65% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on South Plains Financial and its competitors. This is 22% below median its historical median of 14.94. Over the past decade, South Plains Financial's ROE % has ranged from 11.75 to 18.73. According to the industry distribution chart, South Plains Financial ranks #484 out of 1523 companies in the Banks industry, placing it in the top 31.8%.
Is South Plains Financial's ROE % too high?
South Plains Financial's current ROE % of 11.65% is 22% below median its 10-year median of 14.94. Over the past 10 years, this metric has ranged from a low of 11.75 to a high of 18.73. The Banks industry median ROE % is 10.22. South Plains Financial's value of 11.65% is 14% above this industry median. Based on the distribution chart, South Plains Financial ranks #484 out of 1523 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 ROE % compare to CCBG and HTB?
According to the Banks industry distribution chart, South Plains Financial ranks #484 out of 1523 companies for ROE %. This puts South Plains Financial in the upper half of its industry. The industry median ROE % is 10.22. South Plains Financial's value of 11.65% is 14% above this benchmark. Historically, South Plains Financial's own ROE % has ranged from 11.75 to 18.73 over the past decade. While the company's 10-year median is 14.94 vs. the industry median of 10.22, 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 ROE % for a Banks company?
The median ROE % among Banks companies is 10.22, based on 1,523 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. South Plains Financial's current ROE % of 11.65% is 14% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on South Plains Financial and its competitors. For the Banks industry, the median ROE % is 10.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South Plains Financial's current ROE % is 11.65%, which is 22% below median its own 10-year median of 14.94. 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 ROE % is 11.65%, which is 22% below median its 10-year median of 14.94 and 14% above the Banks industry median of 10.22. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For South Plains Financial (SPFI), the current ROE % is 11.65% 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:
ROE %: 11.65% (22% below median its 10-year median of 14.94)
GF Value™: $40.60 vs. price of $42.85 (5.5% above fair value)
Industry Position: 14% above the Banks median (#484 of 1523)
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
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