Return On Equity ratio Analysis of South Plains Financial Inc - Deep Dive
Latest FY ROE
Period Ending - Dec-23
Good ROE
15.41
Period Ending - Dec-22
Good ROE
16.31
Growth
-5.52 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Good ROE
16.53
Most recent Quarter ROE
Period Ending - Mar-24
Indecisive ROE
2.66
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
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
SPFI | 26.28 | 25.27 | 4.00 % | Banks-Regional |
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 ..ROE Related Ratios
ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
No Significant Profitability |
FY - Historical Return On Equity of South Plains Financial Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROE | 15.41 | 16.31 | 14.39 | 12.26 | 9.54 | 18.95 | 14.94 |
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)