South Plains Financial, Inc. logo SPFI - South Plains Financial, Inc.

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| PRICE TARGET: $49.50 DETAILS
HIGH: $53.00
LOW: $46.00
MEDIAN: $49.50
CONSENSUS: $49.50
UPSIDE: 7.70%

About South Plains Financial, Inc. (https://www.spfi.bank)

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.

Key Executives

NAME TITLE DOB SALARY
Cory T. Newsom Executive VP, COO & Director 1968 $1,584,279 USD
Curtis C. Griffith Chairman & Chief Executive Officer 1953 $954,090 USD
Steven Crockett Chief Financial Officer & Treasurer 1972 $660,976 USD
Kelly L. Deterding President of Windmark Insurance & Senior Vice President of Insurance Development of City Bank 1959 $642,352 USD
Paul A. Ehlers Senior Vice President of City Bank & Chief Operating Officer of City Bank 1971 $511,734 USD
Brent A. Bates Senior Vice President of City Bank & Chief Credit Officer of City Bank 1975 $489,640 USD
Mikella D. Newsom Chief Risk Officer & Secretary 1974

Company Peers

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