COMP <GO>
IBCP vs SPFI // EV/EBITDA & P/E VALUATION
Independent Bank Corporation (NASDAQ) VS. South Plains Financial Inc. (NASDAQ) • 15-METRIC TALLY: IBCP 3
— SPFI 3
■ METRIC PARITY
LAST: $37.10 (+0.49%) • MKT CAP: $819.2M
valuation
—
LAST: $44.19 (+1.05%) • MKT CAP: $832.5M
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (IBCP VS. SPFI)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | IBCP | SPFI | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 13.60% | 11.80% | +1.80 | IBCP | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 8.57% | 8.63% | -0.06 | SPFI | /fcf-yield <GO> |
| Operating Margin | — | — | — | TIE | /operating-margins <GO> |
| Net Profit Margin | 68.00% | — | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | 0.30% | — | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 2.64% | 1.21% | +1.43 | IBCP | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 5/9 | 5/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 53.3 | 55.8 | -2.54 | SPFI | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 11.2x | 13.2x | -2.00 | IBCP | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $819.2M | $832.5M | -$13.3M | SPFI | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | IBCP REV | SPFI REV | IBCP GROSS % | SPFI GROSS % | IBCP FCF | SPFI FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $32.1M | $0 | — | — | $70.2M | $71.8M |
| FY 2024 | $32.0M | $0 | — | — | $55.2M | $56.0M |
| FY 2023 | $32.9M | $0 | — | — | $75.6M | $58.5M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
IBCP // BETA —
SPFI // BETA —