South Plains Financial, Inc. Financial Ratios — 4S4 Stock

Profitability (USD)

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	18.73	12.68	13.41	15.08	15.24	16.42	11.75	12.54
Return on Assets (%)	- -	1.11	0.98	1.33	1.56	1.48	1.54	1.18	1.34
Return on Capital (%)	- -	- -	7.09	8.55	10.69	11.54	12.59	9.32	10.6
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	17.78	17.51	23.25	25.77	34.13	34.96	45.06	33.44	35.99
Profit Margin (%)	17.7	20.2	18.51	20.65	27.36	27.83	35.6	26.26	28.41
Net Income to Common Margin (%)	17.7	20.2	18.51	20.65	27.36	27.83	35.6	26.26	28.41
Effective Tax Rate (%)	0.45	- -	20.38	19.88	19.84	20.38	20.99	21.45	21.06
Dvd Payout Ratio (%)	33.31	102.58	3.69	5.57	9.19	13.76	13.94	18.41	17.28
Sustainable Growth Rate (%)	- -	-0.48	12.21	12.67	13.69	13.14	14.13	9.59	10.37

Credit (USD)

Credit Ratios API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	162	175	188	197	122	122	110	110	60
ST Debt	- -	- -	20	- -	- -	- -	- -	- -	- -
LT Debt	162	175	168	197	122	122	110	110	60
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	6.15	5.7	9.46	10.28	10.44	9.05	9.68	10.37	11.02
Long-Term Debt/Equity (%)	102.58	113.47	54.83	53.23	29.99	34.27	27.06	25.14	12.25
Long-Term Debt/Capital (%)	50.64	53.15	33.98	34.74	23.07	25.52	21.3	20.09	10.91
Long-Term Debt/Total Assets (%)	6.31	6.47	5.19	5.47	3.13	3.1	2.62	2.61	1.35
Total Debt/Equity (%)	102.58	113.47	61.36	53.23	29.99	34.27	27.06	25.14	12.25
Total Debt/Capital (%)	50.64	53.15	38.03	34.74	23.07	25.52	21.3	20.09	10.91
Total Debt/Total Assets (%)	6.31	6.47	5.8	5.47	3.13	3.1	2.62	2.61	1.35
Net Debt to Equity	-83.61	-45.67	9.72	-27.92	-89.5	-31.52	-54.04	-56.66	-99.62
Net Debt/Capital (%)	-510.29	-84.05	8.86	-38.74	-852.51	-46.03	-117.56	-130.76	-26,015.12
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	6.15	5.7	9.46	10.28	10.44	9.05	9.68	10.37	11.02
Long-Term Debt/Equity (%)	102.58	113.47	54.83	53.23	29.99	34.27	27.06	25.14	12.25
Long-Term Debt/Capital (%)	50.64	53.15	33.98	34.74	23.07	25.52	21.3	20.09	10.91
Long-Term Debt/Total Assets (%)	6.31	6.47	5.19	5.47	3.13	3.1	2.62	2.61	1.35
Total Debt/Equity (%)	102.58	113.47	61.36	53.23	29.99	34.27	27.06	25.14	12.25
Total Debt/Capital (%)	50.64	53.15	38.03	34.74	23.07	25.52	21.3	20.09	10.91
Total Debt/Total Assets (%)	6.31	6.47	5.8	5.47	3.13	3.1	2.62	2.61	1.35
CFO/Total Liabilities	1.46	1.05	1.04	0.17	2.75	3.45	1.54	1.57	1.94
CFO/CapEx	3.91	8.59	7.63	1.7	32.97	27.65	12.51	17.7	13.69
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	10.64	11.75	15.07	14.71	13.8	9.45	8.89	9.66
Days Sales Outstanding	- -	34.31	31.08	24.23	24.82	26.46	38.64	41.04	37.79
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	341	499	478	486	578	642
- Cash & Cash Equivalents	295	246	158	300	487	235	330	359	552
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	162	175	188	197	122	122	110	110	60
Enterprise Value	- -	- -	- -	-565	-590	-336	82	61	-417
Total Capital	320	330	494	567	530	479	517	549	554
Total Debt/Capital (%)	50.64	53.15	38.03	34.74	23.07	25.52	21.3	20.09	10.91
Total Debt / EV	- -	- -	- -	-0.35	-0.21	-0.36	1.34	1.81	-0.15
EV/Sales	- -	- -	- -	- -	- -	- -	0.47	0.32	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	1.41	1.03	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	1.53	1.09	- -
Diluted Market Cap	- -	- -	- -	341	499	478	486	578	642
Diluted Enterprise Value	- -	- -	- -	-565	-590	-336	82	61	-417
EV per Share	- -	- -	- -	- -	- -	- -	4.94	3.65	- -
TTM Sales	134	145	158	220	214	209	176	189	206
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	35	- -	30	6	96	124	59	59	77
TTM Free Cash Flow to Firm	26	- -	26	2	93	119	54	56	72

Multiples (USD)

Valuation Multiples API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	147.3	5.34	4.01	9.03	10.32	8.94
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	-565	-590	-336	82	61	-417
Low Price	- -	- -	- -	11.27	18.31	22.18	18.85	24.01	29.47
EV/Sales	- -	- -	- -	- -	- -	- -	0.47	0.32	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	7.53	8.51	8.21	7.75	11.63	10.98
Price/Earnings Average	- -	- -	- -	5.77	7.01	7.96	6.62	10.06	10.22
Price/Earnings High	- -	- -	- -	7.64	8.6	9.35	7.86	13.81	11.78
Price/Earnings Low	- -	- -	- -	4.56	5.64	6.59	5.01	8.08	8.35
Price/Book Value	- -	- -	- -	0.92	1.22	1.34	1.19	1.32	1.3
Price/Book Value Average	- -	- -	- -	0.71	1.01	1.3	1.02	1.14	1.21
Price/Book Value High	- -	- -	- -	0.94	1.24	1.53	1.21	1.56	1.39
Price/Book Value Low	- -	- -	- -	0.56	0.81	1.07	0.77	0.91	0.99
Price/Tangible Book Value	- -	- -	- -	1.02	1.38	1.56	1.36	1.48	1.43
Price/Tangible Book Value Average	- -	- -	- -	0.78	1.13	1.52	1.16	1.28	1.33
Price/Tangible Book Value High	- -	- -	- -	1.04	1.39	1.78	1.37	1.75	1.53
Price/Tangible Book Value Low	- -	- -	- -	0.62	0.91	1.26	0.88	1.03	1.09
Price/Sales	- -	- -	- -	1.55	2.33	2.28	2.76	3.05	3.12
Price/Sales Average	- -	- -	- -	1.19	1.92	2.22	2.36	2.64	2.9
Price/Sales High	- -	- -	- -	1.58	2.35	2.6	2.8	3.63	3.35
Price/Sales Low	- -	- -	- -	0.94	1.54	1.83	1.78	2.12	2.37
Price/Cash Flow	- -	- -	- -	60.65	5.18	3.87	8.31	9.73	8.29
Price/Cash Flow Average	- -	- -	- -	46.48	4.27	3.75	7.1	8.42	7.71
Price/Cash Flow High	- -	- -	- -	61.61	5.24	4.41	8.42	11.56	8.89
Price/Cash Flow Low	- -	- -	- -	36.79	3.43	3.1	5.37	6.76	6.3
Price/Free Cash Flow Average	- -	- -	- -	112.87	4.4	3.89	7.72	8.93	8.32
Price/Free Cash Flow High	- -	- -	- -	149.61	5.4	4.57	9.16	12.26	9.59
Price/Free Cash Flow Low	- -	- -	- -	89.34	3.54	3.22	5.84	7.17	6.79
EV/Sales Average	- -	- -	- -	- -	- -	- -	0.07	- -	- -
EV/Sales High	- -	- -	- -	- -	- -	- -	0.51	0.9	- -
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	18.58	27.64	27.63	29.14	34.56	38.77
High Price	- -	- -	- -	18.87	27.93	31.48	29.55	41.06	41.6
Enterprise Value Average	- -	- -	- -	-645	-678	-351	12	-17	-462
Enterprise Value High	- -	- -	- -	-560	-585	-269	89	170	-370
Enterprise Value Low	- -	- -	- -	-699	-759	-431	-89	-115	-571

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	18	18	18	18	18	17	17	17	17
Diluted Weighted Avg Shares	18	18	18	18	18	17	17	17	17
Basic Weighted Avg Shares	18	18	18	18	18	17	17	17	17
Revenue per Share	7.52	8.17	8.61	11.96	11.87	12.09	10.56	11.32	12.43
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	1.33	1.65	1.59	2.47	3.25	3.37	3.76	2.97	3.53
Basic EPS from Cont Ops	1.33	1.65	1.59	2.47	3.25	3.37	3.76	2.97	3.53
Diluted EPS, GAAP	1.33	1.65	1.59	2.47	3.25	3.37	3.76	2.97	3.53
Diluted EPS from Cont Ops	1.33	1.65	1.59	2.47	3.25	3.37	3.76	2.97	3.53
Dividend per Share	0.44	1.69	0.06	0.14	0.3	0.46	0.52	0.55	0.61
Cash Flow per Share	1.99	1.52	1.66	0.31	5.33	7.14	3.51	3.55	4.68
Free Cash Flow per Basic Share	1.48	1.34	1.45	0.13	5.17	6.88	3.23	3.35	4.34
Cash & Equivalents per Share	27.53	32.9	47.23	60.06	67.11	54.12	30.81	37.51	67.61
Book Value per Share	8.91	8.71	16.7	20.14	22.57	20.63	24.4	26.25	29.82
Tangible Book Value per Share	8.91	8.71	15.1	18.18	20.07	17.67	21.51	23.42	27.14