South Plains Financial Inc (SPFI) |
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Price: $24.7000
$-1.11
-4.301%
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Day's High:
| $25.87
| Week Perf:
| -4.37 %
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Day's Low: |
$ 24.57 |
30 Day Perf: |
-8.86 % |
Volume (M): |
77 |
52 Wk High: |
$ 30.22 |
Volume (M$): |
$ 1,890 |
52 Wk Avg: |
$25.23 |
Open: |
$25.87 |
52 Wk Low: |
$18.75 |
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Market Capitalization (Millions $) |
428 |
Shares
Outstanding (Millions) |
17 |
Employees |
495 |
Revenues (TTM) (Millions $) |
214 |
Net Income (TTM) (Millions $) |
63 |
Cash Flow (TTM) (Millions $) |
95 |
Capital Exp. (TTM) (Millions $) |
5 |
South Plains Financial Inc
South Plains Financial Inc is a Lubbock, Texas-based financial holding company. It was founded in 2007 and went public in 2019. The company operates through its subsidiary, City Bank, which is a full-service community bank that offers a wide range of banking products and services for personal and business use.
City Bank's services include checking and savings accounts, loans, credit cards, mortgage loans, and online banking. The bank also offers investment and insurance services through its wealth management division. City Bank has over 25 branches across Texas and New Mexico and is committed to providing personalized service and building relationships with its clients.
South Plains Financial Inc is committed to growth and expansion through acquisitions and strategic partnerships. In 2019, it acquired First Bank Lubbock Bancshares, Inc, which expanded its footprint in West Texas. Additionally, the company has partnerships with companies such as Happy State Bank and Prime Finance.
The company is publicly traded on the NASDAQ stock exchange under the ticker symbol SPFI. South Plains Financial Inc prides itself on being a financially sound and disciplined organization that is committed to its shareholders, customers, and employees. Its mission is to provide exceptional customer service while maintaining a strong financial position and growing its business.
Company Address: 5219 City Bank Parkway Lubbock 79407 TX
Company Phone Number: 792-7101 Stock Exchange / Ticker: NASDAQ SPFI
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Stock Performances by Major Competitors |
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South Plains Financial Inc
South Plains Financial Inc (NASDAQ: SPFI) recently reported its financial results for the fourth quarter of 2023 earnings season, and it was not a pretty picture. Both revenue and earnings took a significant hit, with income falling by -14.8% to $0.62 per share and revenue by -10.343% year on year. Revenue in the fourth quarter of 2023 stood at $43.71 million, compared to $48.75 million in the same period of the previous year. Furthermore, the decline in performance was not just limited to the year-on-year comparison. Compared to the prior quarter, income saw a staggering drop of -20.06% from $0.78 per share, and revenue deteriorated by -10.188% from $48.67 million. Net profits for the financial fourth quarter of 2023 also fell by -18.2% to $10.324 million, down from $12.621 million in the corresponding period a year before.
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Management Announcement
Published Wed, Mar 13 2024 8:10 PM UTC
South Plains Financial, Inc. (NASDAQ:SPFI), the parent company of City Bank, has recently published its highly anticipated 2023 Community Impact Report, showcasing the company's ongoing dedication to responsible corporate citizenship in the various communities it serves. This report serves as a testament to South Plains Financial's commitment to make a positive, la...
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Dividend
Published Thu, Jan 18 2024 9:10 PM UTC
In an announcement that has caught the attention of investors, South Plains Financial, Inc., the parent company of City Bank, declared a quarterly cash dividend, reinforcing its commitment to return value to shareholders. Hailing from Lubbock, Texas, the financial establishment has declared a $0.13 per share cash dividend, to be paid on February 12, 2024, to shareh...
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South Plains Financial Inc
South Plains Financial Inc (NASDAQ: SPFI) has reported a significant drop in revenue and bottom-line for the July to September 30, 2023 period. The bottom-line decreased by -9.3% to $0.78 per share, while revenue plummeted by -14.352% year on year. Comparing this period to the same period in the previous year, revenue dropped from $56.82 million to $48.67 million. In contrast to the overall growth of the Regional Banks sector, South Plains Financial Inc experienced a decline in revenue. While the industry as a whole posted a 0.27% growth from the third quarter of 2022 to the third quarter of 2023, South Plains Financial Inc witnessed a decline. This indicates that the company is not performing as well as its competitors within the sector. Furthermore, profit has seen a significant decline from previous periods. Compared to the preceding times, profit dropped by -54.39% from $1.71 per share, and revenue tumbled by -37.602% from $77.99 million. This suggests that the company's financial performance is deteriorating over time.
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Dividend
Published Thu, Oct 19 2023 8:10 PM UTC
South Plains Financial, Inc. (NASDAQ:SPFI), the parent company of City Bank, recently announced the declaration of a quarterly cash dividend of $0.13 per share of common stock. This move underscores the company's commitment to shareholder value and highlights its stable financial position. Additionally, we examine the recent performance of South Plains Financial, I...
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Per Share |
Current |
Earnings (TTM) |
3.64 $ |
Revenues (TTM) |
12.37 $
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Cash Flow (TTM) |
5.5 $ |
Cash |
35.93 $
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Book Value |
23.49 $
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Dividend (TTM) |
0.5 $ |
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Per Share |
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Earnings (TTM) |
3.64 $
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Revenues (TTM) |
12.37 $ |
Cash Flow (TTM) |
5.5 $ |
Cash |
35.93 $
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Book Value |
23.49 $ |
Dividend (TTM) |
0.5 $ |
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