South Plains Financial Inc logo

SPFISouth Plains Financial Inc

NASDAQ · Financial Services · Banks - Regional

$43.71

+$0.11 (+0.25%)

South Plains Financial Inc (SPFI) is a banks - regional company listed on NASDAQ. It is led by Curtis C. Griffith, based in 5219 City Bank Parkway, Lubbock, TX, United States, 79407, with about 545 employees. 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.

Net income was $16.3M. SPFI currently screens at market cap $792.4M and trailing P/E 11.6.

Use this SPFI page for company research — sector, financials, and the latest filing takeaway — not a live tape. The session quote (last, range, volume) lives on the SPFI quote page. Cached 10-K, 10-Q, 8-K, and Form 4 exhibits are on the SPFI SEC filings page. Lician reads the product cache first so this HTML stays unique to South Plains Financial Inc even when a live quote feed is slow.

About South Plains Financial Inc

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.

SPFI Key Statistics

Market Cap

$792.44M

Volume

60,746

Previous Close

$44.00

Day Range

$43.55$44.08

P/E Ratio

11.59

P/B Ratio

1.57

EPS

$2.92

Revenue

$0.00

Net Income

$49.72M

Gross Profit

$0.00

Free Cash Flow

$0.00

Dividend Yield

1.53%

Employees

545

SPFI Financials

Annual income statement in USD. Latest reported periods first.

SPFI annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$0.00$0.00$0.00$0.00
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income$49.72M$62.74M$58.24M$58.61M
EPS (Diluted)$2.92$3.62$3.23$3.17

Total Assets

$4.23B

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$359.08M

Operating Cash Flow

$59.38M

Free Cash Flow

$0.00

South Plains Financial Inc Company Information

Chairman & CEO
Curtis C. Griffith
Headquarters
5219 City Bank Parkway, Lubbock, TX, United States, 79407
Phone
806 792 7101
IPO / Founded
2019-05-09
Industry
Banks - Regional
Data Updated:

Upcoming Events for SPFI