| Market Capitalization (Millions $) |
904 |
| Shares
Outstanding (Millions) |
20 |
| Employees |
603 |
| Revenues (TTM) (Millions $) |
118 |
| Net Income (TTM) (Millions $) |
65 |
| Cash Flow (TTM) (Millions $) |
252 |
| Capital Exp. (TTM) (Millions $) |
5 |
Business Description
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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