Stock Fundamentals

Company Information

Company Name
South Plains Financial Inc
Sector
Financial Services
Industry
Banks - Regional
Exchange
NASDAQ
ISIN: US83946P1075
CIK: 0001163668
CUSIP: 83946P107
Currency: USD
Full Time Employees: 528
Phone: 806 792 7101
Fiscal Year End: December
IPO Date: May 09, 2019
Description:

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, and self-directed individual retirement accounts. 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.

Address:

5219 City Bank Parkway, Lubbock, TX, United States, 79407

Directors & Officers

Name Title Year Born
Mr. Curtis C. Griffith Chairman & CEO 1953
Mr. Cory T. Newsom President & Director 1968
Mr. Steven B. Crockett CPA CFO & Treasurer 1972
Mr. Brent A. Bates Senior VP of City Bank & Chief Credit Officer of City Bank 1975
Mr. Paul A. Ehlers Senior VP of City Bank & COO of City Bank 1971
Ms. Mikella D. Newsom Chief Risk Officer & Secretary 1974
Mr. Kelly L. Deterding President of Windmark Insurance & Senior VP of Insurance Development of City Bank 1959

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 1.21M Sep 30, 2025 7.45% $0.00 0.22%
JPMorgan Chase & Co 761.97K Sep 30, 2025 4.67% $0.00 119.86%
Vanguard Group Inc 726.22K Dec 31, 2025 4.46% $0.00 2.82%
Dimensional Fund Advisors, Inc. 451.83K Dec 31, 2025 2.77% $0.00 -6.03%
American Century Companies Inc 377.99K Dec 31, 2025 2.32% $0.01 8.73%
Acadian Asset Management LLC 372.84K Sep 30, 2025 2.29% $0.03 387.45%
Geode Capital Management, LLC 291.31K Sep 30, 2025 1.79% $0.00 -0.49%
State Street Corp 290.75K Sep 30, 2025 1.78% $0.00 1.24%
Bridgeway Capital Management, LLC 181.46K Dec 31, 2025 1.11% $0.15 5.07%
Gabelli Funds LLC 130.64K Dec 31, 2025 0.80% $0.03 0.00%
Polaris Capital Management, LLC 121.00K Dec 31, 2025 0.74% $0.39 -7.98%
Northern Trust Corp 117.92K Sep 30, 2025 0.72% $0.00 2.45%
DePrince Race & Zollo Inc 106.78K Dec 31, 2025 0.66% $0.08 33.45%
Charles Schwab Investment Management Inc 104.04K Dec 31, 2025 0.64% $0.00 -0.07%
Two Sigma Investments LLC 90.12K Dec 31, 2025 0.55% $0.00 17.36%
Empowered Funds, LLC 83.01K Sep 30, 2025 0.51% $0.03 -5.75%
John W. Rosenthal Capital Management, Inc. 81.37K Dec 31, 2025 0.50% $2.93 0.00%
Renaissance Technologies Corp 75.70K Dec 31, 2025 0.46% $0.00 -1.56%
Panagora Asset Management Inc 72.13K Dec 31, 2025 0.44% $0.01 69.23%
Millennium Management LLC 71.63K Sep 30, 2025 0.44% $0.00 -22.88%

Shares Statistics

Shares Outstanding: 16.30M
Shares Float: 12.30M
% Insiders: 2,475.50%
% Institutions: 4,379.40%
Short % Float: 0.60%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 BlackRock Inc 1.21M 7.45% ▲ 0.22% Sep 30, 2025
2 JPMorgan Chase & Co 761.97K 4.67% ▲ 119.86% Sep 30, 2025
3 Vanguard Group Inc 726.22K 4.46% ▲ 2.82% Dec 31, 2025
4 Dimensional Fund Advisors, Inc. 451.83K 2.77% ▼ 6.03% Dec 31, 2025
5 American Century Companies Inc 377.99K 2.32% ▲ 8.73% Dec 31, 2025
6 Acadian Asset Management LLC 372.84K 2.29% ▲ 387.45% Sep 30, 2025
7 Geode Capital Management, LLC 291.31K 1.79% ▼ 0.49% Sep 30, 2025
8 State Street Corp 290.75K 1.78% ▲ 1.24% Sep 30, 2025
9 Bridgeway Capital Management, LLC 181.46K 1.11% ▲ 5.07% Dec 31, 2025
10 Gabelli Funds LLC 130.64K 0.80% ▲ 0.00% Dec 31, 2025

Valuation Metrics

Enterprise Value: $175.44M
Trailing P/E: 11.41
Forward P/E: 0.00

Financial Highlights

Market Cap: $667.71M
P/E Ratio: $11.41
Book Value: $30.31
Dividend/Share: $0.62
Dividend Yield: 1.45%
Earnings/Share: $3.59
Profit Margin: 28.29%
Operating Margin: 36.63%
ROA (TTM): 1.34%
ROE (TTM): 12.54%
Revenue (TTM): $206.69M
Revenue/Share (TTM): $12.16
Earnings Growth (YOY): -6.10%
Revenue Growth (YOY): 2.80%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios (Yearly)

Financial Ratios (Quarterly)

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 0.27x 0.00x 0.89x 0.87x 0.00x
2024-12-31 0.18x 0.26x 0.90x 0.67x 1.60x
2023-12-31 0.15x 0.27x 0.90x 1.10x 1.41x
2022-12-31 75.53x 0.35x 0.91x 3.22x 1.55x
2021-12-31 1.14x 0.49x 0.03x 5.51x 2.49x
2020-12-31 0.37x 0.60x 0.90x 3.55x 3.54x
2019-12-31 0.32x 0.67x 0.91x 1.29x 4.89x
2018-12-31 0.26x 1.25x 0.94x 1.13x 6.32x
2017-12-31 0.23x 1.12x 0.94x 1.49x 6.13x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Sep 12, 2025 Richard D Campbell N/A Sale 15.58K $39.62 $617.40K
Sep 11, 2025 Richard D Campbell N/A Sale 44.42K $40.21 $1.79M
Mar 10, 2025 Noe G Valles N/A Purchase 100.00K $33.00 $3.30M

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