South Plains Financial, Inc. (SPFI) Research

South Plains Financial, Inc. functions as the parent entity for City Bank, providing a comprehensive suite of commercial and consumer financial services to both individuals and small to mid-sized businesses. Its operations are structured around two core divisions: Banking and Insurance. The company offers a variety of deposit options, such as checking accounts, interest-bearing accounts, savings, and certificates of deposit (CDs). Their lending portfolio is extensive, encompassing commercial real estate, a broad spectrum of specialized commercial loans (including those for agriculture, energy, finance, investment, insurance, retail, and construction), residential construction, mortgages for 1-4 family homes, and consumer loans for vehicles or other personal needs. Additional offerings include crop insurance, trust and investment management, mortgage banking, convenient online and mobile banking platforms, and debit and credit card services. The company maintains a physical presence through 25 full-service bank branches and 15 loan production offices spread across Texas and Eastern New Mexico. Established in 1941, South Plains Financial, Inc. maintains its headquarters in Lubbock, Texas.

Market snapshot

Symbol
SPFI
Price
$40.72
Day change
-1.62%
Market cap
$662.1M
P/E ratio
10.94x
52-week range
34.68-45.09
Sector
Financial Services
Industry
Banks - Regional
Next earnings
in 26 days
Analyst price target
$45.00

Peer companies

  • Southern California Bancorp (BCAL)
  • Bridgewater Bancshares, Inc. (BWB)
  • First Community Bankshares, Inc. (FCBC)
  • Financial Institutions, Inc. (FISI)
  • Great Southern Bancorp, Inc. (GSBC)
  • Independent Bank Corporation (IBCP)
  • MetroCity Bankshares, Inc. (MCBS)
  • Southern Missouri Bancorp, Inc. (SMBC)

Recent insider activity

  • Valles Noe G — A-Award (623 shares) on 2026-05-20
  • Washburn LaDana R — A-Award (623 shares) on 2026-05-20
  • Wargo Kyle R — A-Award (623 shares) on 2026-05-20
  • Valles Noe G — P-Purchase (623 shares) on 2026-05-20
  • Campbell Richard D — A-Award (623 shares) on 2026-05-20

Open South Plains Financial, Inc. (SPFI) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.