Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

South Plains Financial, Inc. (SPFI)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$110.14 - $507.33$193.68
Multi-Stage$66.55 - $72.80$69.62
Blended Fair Value$131.65
Current Price$38.65
Upside240.62%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20242023202220212020201920182017
DPS53.36%0.00%0.540.510.470.320.150.061.760.460.000.00
YoY Growth--4.68%9.15%48.78%113.01%134.29%-96.41%281.57%0.00%0.00%0.00%
Dividend Yield--1.62%2.00%2.20%1.19%0.65%0.41%9.96%2.61%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)59.71
(-) Cash Dividends Paid (M)9.95
(=) Cash Retained (M)49.76
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)11.947.464.48
Cash Retained (M)49.7649.7649.76
(-) Cash Required (M)-11.94-7.46-4.48
(=) Excess Retained (M)37.8242.3045.28
(/) Shares Outstanding (M)17.0317.0317.03
(=) Excess Retained per Share2.222.482.66
LTM Dividend per Share0.580.580.58
(+) Excess Retained per Share2.222.482.66
(=) Adjusted Dividend2.813.073.24
WACC / Discount Rate8.19%8.19%8.19%
Growth Rate5.50%6.50%7.50%
Fair Value$110.14$193.68$507.33
Upside / Downside184.98%401.12%1,212.63%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)59.7163.6067.7372.1376.8281.8184.27
Payout Ratio16.67%31.34%46.00%60.67%75.33%90.00%92.50%
Projected Dividends (M)9.9519.9331.1643.7657.8773.6377.95

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.19%8.19%8.19%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)18.2518.4218.59
Year 2 PV (M)26.1226.6227.12
Year 3 PV (M)33.5934.5635.54
Year 4 PV (M)40.6842.2443.85
Year 5 PV (M)47.3949.6852.06
PV of Terminal Value (M)967.131,013.841,062.34
Equity Value (M)1,133.161,185.361,239.51
Shares Outstanding (M)17.0317.0317.03
Fair Value$66.55$69.62$72.80
Upside / Downside72.19%80.13%88.35%

High-Yield Dividend Screener

« Prev Page 43 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
9541.SRAcademy Of Learning Company3.74%$0.4378.32%
BBCA.JKPT Bank Central Asia Tbk3.74%$300.0564.91%
BKGI.BKBangkok Genomics Innovation Public Company Limited3.74%$0.0588.71%
DACDanaos Corporation3.74%$3.5614.02%
JKON.JKPT Jaya Konstruksi Manggala Pratama Tbk3.74%$3.2545.42%
MDKI.JKPT Emdeki Utama Tbk3.74%$8.0062.54%
NORCO.OLNorconsult ASA3.74%$1.6672.73%
SLCE3.SASLC Agrícola S.A.3.74%$0.5541.84%
3948.HKInner Mongolia Yitai Coal Co., Ltd.3.73%$0.6524.32%
IDPR.JKPT Indonesia Pondasi Raya Tbk3.73%$10.0075.77%
KIMBERA.MXKimberly-Clark de México, S. A. B. de C. V.3.73%$1.4357.51%
PGMN3.SAEmpreendimentos Pague Menos S.A.3.73%$0.2374.59%
QIBK.QAQatar Islamic Bank (Q.P.S.C.)3.73%$0.8944.73%
002367.SZCanny Elevator Co., Ltd.3.72%$0.3060.41%
600300.SSV V Food & Beverage Co.,Ltd3.72%$0.1351.92%
603899.SSShanghai M&G Stationery Inc.3.72%$1.0169.72%
RHC.AXRamsay Health Care Limited3.72%$1.2932.49%
000999.SZChina Resources Sanjiu Medical & Pharmaceutical Co., Ltd.3.71%$1.0663.26%
214180.KQHecto Innovation Co., Ltd.3.71%$602.8723.75%
603948.SSZhejiang Jianye Chemical Co., Ltd.3.71%$1.0175.31%
6089.TWill Group, Inc.3.71%$44.4274.52%
QNNS.QAQatar Navigation Q.P.S.C.3.71%$0.4038.98%
016610.KSDB Securities Co., Ltd.3.70%$404.3430.24%
2471.TS-Pool, Inc.3.70%$10.1043.62%
3430.TWOChitec Technology Co., Ltd.3.70%$2.5075.20%
4560.TWStrong H Machinery Technology (Cayman) Incorporation3.70%$1.2042.07%
5347.KLTenaga Nasional Berhad3.70%$0.5162.35%
LOOMIS.STLoomis AB (publ)3.70%$14.1053.46%
MIDW-A.STMidway Holding AB (publ)3.70%$0.9165.00%
PNDORA.COPandora A/S3.70%$25.7237.06%
SPVI.BKS P V I Public Company Limited3.70%$0.0837.67%
3401.TTeijin Limited3.69%$49.9735.81%
BZU.MIBuzzi Unicem S.p.A.3.69%$1.9018.48%
CWP.AXCedar Woods Properties Limited3.69%$0.3115.67%
CX.STCombinedX AB (publ)3.69%$1.3755.29%
REH.AXReece Limited3.69%$0.4943.22%
000783.SZChangjiang Securities Company Limited3.68%$0.3043.98%
014820.KSDongwon Systems Corporation3.68%$916.7745.73%
2245.HKLygend Resources & Technology Co., Ltd.3.68%$0.9136.29%
5DD.SIMicro-Mechanics (Holdings) Ltd.3.68%$0.0666.85%
600598.SSHeilongjiang Agriculture Company Limited3.68%$0.5589.21%
601156.SSEastern Air Logistics Co., Ltd.3.68%$0.6841.00%
NICL.JKPT PAM Mineral Tbk3.68%$51.0099.38%
PNBN.JKP.T. Bank Pan Indonesia Tbk3.68%$42.0037.86%
3617.TWCyber Power Systems, Inc.3.67%$7.6445.54%
5296.KLMr D.I.Y. Group (M) Berhad3.67%$0.0687.61%
600535.SSTasly Pharmaceutical Group Co., Ltd3.67%$0.5575.36%
8424.TFuyo General Lease Co., Ltd.3.67%$157.5152.44%
9937.TWNational Petroleum Co., Ltd.3.67%$2.1088.32%
KEMIRA.HEKemira Oyj3.67%$0.7249.87%