South Plains Financial (NASDAQ: SPFI) — Company Overview, News & Financial Data
South Plains Financial delivers diversified banking services in Texas, focusing on community engagement.
South Plains Financial
South Plains Financial (NASDAQ:SPFI) is a diversified financial services company that primarily operates in the Texas South Plains region. It engages in providing a wide array of banking and financial services including commercial and consumer lending, insurance, and investment services. The company aims to support the economic development of its community by offering tailored financial solutions to its customers, ranging from individuals to small and medium-sized businesses. South Plains Financial focuses on expanding its reach and enhancing its service offerings to meet the evolving needs of its clients, with a strong emphasis on community engagement and customer satisfaction.
Snapshot
Operations
Products and/or services of South Plains Financial
- Commercial banking services, offering loans, deposits, and treasury management for businesses.
- Retail banking, providing personal banking services, loans, and deposit accounts to individuals.
- Mortgage services, including origination, funding, and servicing for residential loans.
- Wealth management and advisory services, focusing on financial planning, investment management, and estate planning for clients.
- Insurance products, offering a variety of insurance services including life, health, and property insurance.
- Digital banking solutions, providing online and mobile banking platforms for both personal and business customers.
South Plains Financial executive team
- Curtis C. GriffithChairman & CEO
- Cory T. NewsomExecutive VP, COO & Director
- Steven B. CrockettCFO & Treasurer
- Brent A. BatesSenior VP of City Bank & Chief Credit Officer of City Bank
- Paul A. EhlersSenior VP of City Bank & COO of City Bank
- Mikella D. NewsomChief Risk Officer & Secretary
- Kelly L. DeterdingPresident of Windmark Insurance & Senior VP of Insurance Development of City Bank
Latest news about South Plains Financial
Dividend history
Dividends per share paid by South Plains Financial, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | — | — | — | $0.7100 |
| FY2025 | — | — | — | $0.6200 |
| FY2024 | — | — | — | $0.5600 |
| FY2023 | — | — | — | $0.5200 |
| FY2022 | — | — | — | $0.4600 |
Key financials
Reported results for South Plains Financial, in USD.
- Market cap
- 818M
- Revenue (TTM)
- 234.6M
- P/E ratio
- 11.5
- EPS (diluted, TTM)
- 3.8
- Dividend yield
- 1.5%
- Profit margin
- 29.6%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 296.9M | 74.1M | 58.5M | |
| 283.1M | 63.3M | 49.7M | |
| 212M | 79.4M | 62.7M | |
| 231.9M | 73.2M | 58.2M |