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South Plains Financial (South Plains Financial) Capital Adequacy Tier - Leverage Ratio % : 11.51% (As of Mar. 2024)


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What is South Plains Financial Capital Adequacy Tier - Leverage Ratio %?

Capital Adequacy Tier - Leverage Ratio % measures a bank's capital relative to its total assets. This ratio is a measure of a bank's financial health and suggests how leveraged a bank is based on its assets. A higher ratio indicates stronger financial footing.

South Plains Financial's Capital Adequacy Tier - Leverage Ratio % for the quarter that ended in Mar. 2024 was 11.51% , which is higher than 11.33% for the pervious quarter ended in Dec. 2023.

South Plains Financial's Capital Adequacy Tier - Leverage Ratio % for the annual that ended in Dec. 2023 was 11.33% , which is higher than 11.03% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for South Plains Financial's Capital Adequacy Tier - Leverage Ratio % or its related term are showing as below:

SPFI's Capital Adequacy Tier - Leverage Ratio % is not ranked *
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Capital Adequacy Tier - Leverage Ratio % only.

South Plains Financial Capital Adequacy Tier - Leverage Ratio % Historical Data

The historical data trend for South Plains Financial's Capital Adequacy Tier - Leverage Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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South Plains Financial Capital Adequacy Tier - Leverage Ratio % Chart

South Plains Financial Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Capital Adequacy Tier - Leverage Ratio %
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Capital Adequacy Tier - Tier 1 Ratio %
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Capital Adequacy Tier - Total Capital Ratio %
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Efficiency Overhead Ratio %
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Net Charge Offs to Average Loans %
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South Plains FinancialQuarterly Data
Trend Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Capital Adequacy Tier - Leverage Ratio %
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Capital Adequacy Tier - Tier 1 Ratio %
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Capital Adequacy Tier - Total Capital Ratio %
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Efficiency Overhead Ratio %
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Net Charge Offs to Average Loans %
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Competitive Comparison of South Plains Financial's Capital Adequacy Tier - Leverage Ratio %

For the Banks - Regional subindustry, South Plains Financial's Capital Adequacy Tier - Leverage Ratio %, along with its competitors' market caps and Capital Adequacy Tier - Leverage Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


South Plains Financial  (NAS:SPFI) Capital Adequacy Tier - Leverage Ratio % Calculation

Capital Adequacy Tier - Leverage Ratio % is calculated as

Capital Adequacy Tier - Leverage Ratio %=Capital / Total Assets

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


South Plains Financial  (NAS:SPFI) Capital Adequacy Tier - Leverage Ratio % Explanation

Capital Adequacy Tier - Leverage Ratio % measures a bank's capital relative to its total assets. In this situation, total assets means a bank's total exposures, which include its consolidated assets, derivative exposure and certain off-balance sheet exposures.

The leverage ratio is used by regulators to ensure the capital adequacy of banks and to limit the degree to which banks can leverage its capital base. The higher the leverage ratio is, the more likely a bank can withstand negative shocks to its balance sheet.


South Plains Financial Capital Adequacy Tier - Leverage Ratio % Related Terms

Thank you for viewing the detailed overview of South Plains Financial's Capital Adequacy Tier - Leverage Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


South Plains Financial (South Plains Financial) Business Description

Industry
Traded in Other Exchanges
Address
5219 City Bank Parkway, Lubbock, TX, USA, 79407
South Plains Financial Inc operates as a bank holding company. The company provides a wide range of commercial and consumer financial services to small and medium-sized businesses and individuals. The principal business activities include commercial and retail banking, along with insurance, investment, trust, and mortgage services. The company has two reportable segments: banking and insurance.
Executives
Richard D Campbell director, 10 percent owner 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Curtis C Griffith director, 10 percent owner, officer: Chairman & CEO 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Noe G Valles director 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Newsom Cory T director, officer: President 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Mikella D Newsom officer: Chief Risk Officer & Secretary 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Kelly L. Deterding other: President - Windmark Insurance 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Steven B Crockett officer: CFO and Treasurer 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Kyle R Wargo director 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Allison Navitskas director 511 E JOHN CARPENTER FREEWAY, IRVING TX 75062
Cynthia B Keith director 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Kevin R Bass officer: Chief Credit Officer 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544

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