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8.61Debt to Equity Ratio
VS
Market
9
Sector
31
Industry
45
History
81
$ 38.46Close
$ 30.73 - $ 41.68 52-Week Range
Ticker Information

Ticker

SPFI

Company Name

SOUTH PLAINS FINANCIAL INC

Sector

Financial Services

Industry

Banks - Regional

Exchange

NASDAQ

SOUTH PLAINS FINANCIAL INC - Debt to Equity Ratio Chart Analysis (TTM)

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SPFI - D/E Historical data
DateDebt to Equity RatioShareholders EquityTotal Liabilities
6/30/20258.61$ 454.07M$ 3.91B
3/31/20258.93$ 443.74M$ 3.96B
12/31/20248.64$ 438.95M$ 3.79B
9/30/20248.79$ 443.12M$ 3.89B
6/30/20249.1$ 417.99M$ 3.8B
3/31/20249.32$ 408.71M$ 3.81B
12/31/20239.33$ 407.11M$ 3.8B
9/30/202310.26$ 371.72M$ 3.81B
6/30/20239.59$ 392.03M$ 3.76B
3/31/202310.03$ 367.96M$ 3.69B
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Key Performance Insights, Last 5 Years

  • SOUTH PLAINS FINANCIAL INC's latest trailing twelve months (TTM) D/E stands at 9.05.
  • Over the past 5 years, SOUTH PLAINS FINANCIAL INC's average D/E has been 9.24.
  • The median D/E for SOUTH PLAINS FINANCIAL INC during this period was 9.07
  • SOUTH PLAINS FINANCIAL INC reached its highest D/E over the past 5 years at 10.68.
  • The lowest D/E recorded by SOUTH PLAINS FINANCIAL INC in the same timeframe 8.45

SOUTH PLAINS FINANCIAL INC's D/E vs. competitors

We picked the following companies as peers based on multiple factors, including sector, industry, market capitalization and revenue

D/E Benchmarks
CompanyD/E
CAC : CAMDEN NATIONAL CORP 9.61MPB : MID PENN BANCORP INC 7.19HTB : HOMETRUST BANCSHARES INC 6.9HTBK : HERITAGE COMMERCE CORP 6.87CBNK : CAPITAL BANCORP INC 7.92SMBK : SMARTFINANCIAL INC 9.58IBCP : INDEPENDENT BANK CORP 10.55TRST : TRUSTCO BANK CORP N Y 8.16SMBC : SOUTHERN MISSOURI BANCORP INC 8.22SHBI : SHORE BANCSHARES INC 9.68

Definition of Debt to Equity Ratio

[Calculation] Debt to Equity (D/E) measures the ratio between a company’s [Liabilities] and [Equity]. A high ratio might indicate more risk.
Liabilities / Equity
(=) D/E
D/E for SOUTH PLAINS FINANCIAL INC is calculated as follows: Liabilities [ $ 3.19B ] / Equity [ $ 352.57M ]
(=) D/E [ 9.05 ]

SPFI - Debt to Equity Ratio, Last 5 years

8.45

Minimum

Jun 30, 2021

10.68

Maximum

Sep 30, 2022

9.24

Average

9.07

Median

D/E Benchmark Analysis

The chart above depicts the distribution of D/E for companies in the Total Stock Market. The average D/E of the companies is 1.4 with a standard deviation of 1.31.
The following table provides additional summary stats:
D/E in the Market:
filtered constituents3.3K
min0
max6.05
average1.4
median0.98
std1.31