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South Plains Financial, Inc.(SPFI)

Description: South Plains is the bank holding company for City Bank, a Texas 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 and El Paso markets, as well as in the Greater Houston, College Station, and Ruidoso and Eastern New Mexico markets. 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 insurance, investment, trust and mortgage services. As of December 31, 2018, South Plains had on a consolidated basis total assets of $2.7 billion, gross loans held for investment of $2.0 billion, total deposits of $2.3 billion, and total shareholders’ equity of $154.6 million (pro forma shareholders’ equity of $212.8 million including existing ESOP-owned shares).


Keywords: Bank Banking Retail Banking Mortgage Services Red Bank Consumer Financial Services Greater Houston College Station

Home Page: www.spfi.bank

SPFI Technical Analysis

5219 City Bank Parkway
Lubbock, TX 79407
United States
Phone: 806 792 7101


Officers

Name Title
Mr. Curtis C. Griffith Chairman & CEO
Mr. Cory T. Newsom Pres & Director
Mr. Steven B. Crockett CFO & Treasurer
Ms. Mikella D. Newsom Chief Risk Officer & Sec.
Mr. Kelly L. Deterding Pres of Windmark Insurance & Sr. VP of Insurance Devel. of City Bank

Exchange: NASDAQ

Country: US

Currency: US Dollar ($)

GIC Sector: Financials
GIC Group: Banks
GIC Industry: Banks
GIC Sub-Industry: Regional Banks
Forward PE: 0
Trailing PE: 8.432
Price-to-Book MRQ: 1.4409
Price-to-Sales TTM: 2.1213
IPO Date: 2019-05-09
Fiscal Year End: December
Full Time Employees: 609
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