South Plains Financial, Inc. declares a quarterly cash dividend of $0.16 per share, payable November 10, 2025.
Quiver AI Summary
South Plains Financial, Inc. has announced a quarterly cash dividend of $0.16 per share, which will be distributed on November 10, 2025, to shareholders on record as of October 27, 2025. South Plains is the parent company of City Bank, headquartered in Lubbock, Texas, and operates additional banking services across various Texas markets and in Ruidoso, New Mexico. The company is recognized as one of the largest independent banks in West Texas, providing a range of financial services to commercial and consumer clients. For more information, interested parties can visit their website or contact the Chief Risk Officer.
Potential Positives
- South Plains Financial, Inc. has declared a quarterly cash dividend of $0.16 per share, indicating a commitment to returning value to shareholders.
- The dividend demonstrates the company’s financial stability and profitability, which can enhance investor confidence.
- The distribution date of November 10, 2025, allows shareholders to benefit from timely returns on their investments.
- South Plains Financial's operations in multiple markets may contribute to diversified revenue streams, supporting sustainable dividends in the future.
Potential Negatives
- Declaring a cash dividend may signal cash flow concerns, indicating that the company prefers to distribute its capital rather than reinvest it into growth opportunities.
- The upcoming dividend payment might place additional financial strain on the company if revenues do not meet expectations in the following quarters.
- The timing of the dividend declaration may raise concerns among investors regarding the company's long-term financial health and growth strategy.
FAQ
What is the recent dividend declared by South Plains Financial?
South Plains Financial has declared a quarterly cash dividend of $0.16 per share of common stock.
When will the dividend be paid?
The dividend will be payable on November 10, 2025, to shareholders of record as of October 27, 2025.
Who is South Plains Financial's primary subsidiary?
South Plains Financial's primary subsidiary is City Bank, a Texas state-chartered bank headquartered in Lubbock, Texas.
What markets does City Bank operate in?
City Bank operates in Lubbock, Dallas, El Paso, Greater Houston, the Permian Basin, College Station, and Ruidoso, New Mexico.
What services does South Plains Financial offer?
South Plains Financial offers commercial and retail banking, investment, trust, and mortgage services to its customers.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SPFI Insider Trading Activity
$SPFI insiders have traded $SPFI stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $SPFI stock by insiders over the last 6 months:
- RICHARD D CAMPBELL has made 0 purchases and 2 sales selling 60,000 shares for an estimated $2,403,406.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SPFI Hedge Fund Activity
We have seen 60 institutional investors add shares of $SPFI stock to their portfolio, and 50 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GABELLI FUNDS LLC added 130,642 shares (+inf%) to their portfolio in Q2 2025, for an estimated $4,708,337
- JPMORGAN CHASE & CO added 88,992 shares (+34.5%) to their portfolio in Q2 2025, for an estimated $3,207,271
- INVESCO LTD. removed 77,111 shares (-83.1%) from their portfolio in Q2 2025, for an estimated $2,779,080
- BLACKROCK, INC. removed 40,495 shares (-3.2%) from their portfolio in Q2 2025, for an estimated $1,459,439
- AMERICAN CENTURY COMPANIES INC added 29,420 shares (+10.6%) to their portfolio in Q2 2025, for an estimated $1,060,296
- NUVEEN, LLC removed 25,469 shares (-46.6%) from their portfolio in Q2 2025, for an estimated $917,902
- BANK OF AMERICA CORP /DE/ removed 23,421 shares (-78.4%) from their portfolio in Q2 2025, for an estimated $844,092
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$SPFI Analyst Ratings
Wall Street analysts have issued reports on $SPFI in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Raymond James issued a "Outperform" rating on 07/17/2025
To track analyst ratings and price targets for $SPFI, check out Quiver Quantitative's $SPFI forecast page.
$SPFI Price Targets
Multiple analysts have issued price targets for $SPFI recently. We have seen 2 analysts offer price targets for $SPFI in the last 6 months, with a median target of $40.0.
Here are some recent targets:
- Joseph Yanchunis from Raymond James set a target price of $42.0 on 07/17/2025
Full Release
LUBBOCK, Texas, Oct. 16, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains”), the parent company of City Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per share of common stock. The dividend is payable on November 10, 2025 to shareholders of record as of the close of business on October 27, 2025.
About South Plains Financial, Inc.
South Plains is the bank holding company for City Bank, a Texas state-chartered bank headquartered in Lubbock, Texas. City Bank is one of the largest independent banks in West Texas and has additional banking operations in the Dallas, El Paso, Greater Houston, the Permian Basin, and College Station, Texas markets, and the Ruidoso, New Mexico market. South Plains provides a wide range of commercial and consumer financial services to small and medium-sized businesses and individuals in its market areas. Its principal business activities include commercial and retail banking, along with investment, trust and mortgage services. Please visit https://www.spfi.bank for more information.
| Contact: | Mikella Newsom, Chief Risk Officer and Secretary |
| [email protected] | |
| (866) 771-3347 | |
Source: South Plains Financial, Inc.
