Is SOUTH PLAINS FINANCIAL, INC. (SPFI) Halal?

NASDAQ Financial Services United States $674M
✗ NOT HALAL
Confidence: 95/100
SOUTH PLAINS FINANCIAL, INC. (SPFI) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

P/E Ratio
12.0
Forward: 9.8
EPS
$3.44
Dividend Yield
165.0%
Payout: 18.0%
P/B Ratio
1.4
Revenue
$206M
Growth: 2.8%
Beta
0.6
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 36.6%
Net Margin 28.3%
Return on Equity (ROE) 12.5%
Return on Assets (ROA) 1.3%

Cash Flow & Balance Sheet

Operating Cash Flow$77M
Free Cash Flow$72M
Total Debt$60M
Total Assets$4.5B

Price & Trading

Last Close$41.87
50-Day MA$41.65
200-Day MA$39.24
Avg Volume83K
Beta0.6
52-Week Range
$30.01
$44.00

About SOUTH PLAINS FINANCIAL, INC. (SPFI)

CEO
Mr. Curtis C. Griffith
Employees
545
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$674M
Currency
USD

South Plains Financial, Inc. operates as a bank holding company for City Bank that provides commercial and consumer financial services to small and medium-sized businesses and individuals. It offers deposit products, including demand deposit accounts, interest-bearing products, savings accounts, and certificate of deposits. The company also provides traditional trust products and services; debit and credit cards; retirement services and products, including real estate administration, family trust administration, revocable and irrevocable trusts, charitable trusts for individuals and corporations, self-directed individual retirement accounts, simplified employee pensions plans, employee stock ownership plans, defined benefit plans, and profit-sharing plans. In addition, it offers investment services, such as self-directed IRAs, money market funds, mutual funds, annuities and tax-deferred annuities, stocks and bonds, investments for non-U.S. residents, treasury bills, treasury notes and bonds, and tax-exempt municipal bonds. Further, the company provides commercial real estate loans; general and specialized commercial loans, including agricultural production and real estate, energy, finance, investment, and insurance loans, as well as loans to goods, services, restaurant and retail, construction, and other industries; residential construction loans; and 1-4 family residential loans, auto loans, and other loans for recreational vehicles or other purposes; and mortgage banking services. The company was founded in 1941 and is headquartered in Lubbock, Texas.

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Frequently Asked Questions

Is SOUTH PLAINS FINANCIAL, INC. (SPFI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), SOUTH PLAINS FINANCIAL, INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is SOUTH PLAINS FINANCIAL, INC.'s debt ratio?

SOUTH PLAINS FINANCIAL, INC.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are SOUTH PLAINS FINANCIAL, INC.'s key financial metrics?

SOUTH PLAINS FINANCIAL, INC. has a market capitalization of $674M, trailing P/E ratio of 12.0, and revenue of $206M. Return on equity stands at 12.5%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.