Return On Equity ratio Analysis of South Plains Financial Inc - Deep Dive


Latest FY ROE
Period Ending - Dec-23

15.41


Good ROE
Period Ending - Dec-22
16.31

Good ROE
Growth
-5.52 %
Trailing Twelve Months ROE
Period Ending - Dec-23

16.53


Good ROE
Most recent Quarter ROE
Period Ending - Mar-24

2.66


Indecisive ROE
ROE Analysis of South Plains Financial Inc
ROE Ratio of South Plains Financial Inc with value of 16.53 means its generates profits efficiently by using its Shareholders Fund.
ROE Ratio of SPFI has fallen by -5.52 % Compared to previous Financial Year.
ROE Ratio with value of 16.31 was highest in Year Dec-22 in last Five Years.
ROE Ratio with value of 9.54 was lowest in Year Dec-19 in last Five Years.
Latest ROE Ratio with value of 15.41 is Greater than Average ROE of 13.58 in last five years.
Other ROE Related Info of SPFI that may interest you.
South Plains Financial Inc Overview
CodePricePrevious PricePrice ChangeSector
SPFI26.2825.27 4.00 % Banks-Regional
Fundamental AnalysisTechnical Analysis
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund.   more ..
Return On Equity Formula

ROE Related Ratios
ReturnOnAssetNetProfitMargin

Tsr Profitability Index
No Significant Profitability
FY - Historical Return On Equity of South Plains Financial Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
ROE15.4116.3114.3912.269.5418.9514.94
Change-5.52 %13.39 %17.38 %28.42 %-49.63 %26.83 %
FY Chart of Return On Equity of South Plains Financial Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)