South Plains Financial, Inc.
South Plains Financial, Inc. (Nasdaq: SPFI) is a bank holding company headquartered in Lubbock, Texas, with its principal banking subsidiary, City Bank, operating as one of the largest independent banks in West Texas. The company traces its origins back over 80 years to the founding of First State Bank of Morton in… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What South Plains Financial, Inc. does
In the company’s own words
South Plains Financial, Inc. (Nasdaq: SPFI) is a bank holding company headquartered in Lubbock, Texas, with its principal banking subsidiary, City Bank, operating as one of the largest independent banks in West Texas. The company traces its origins back over 80 years to the founding of First State Bank of Morton in 1941. Through a series of strategic acquisitions and mergers beginning in the 1990s, South Plains Financial has grown from a small-town institution into a regional banking powerhouse serving dynamic markets across Texas and New Mexico.
The company operates 24 full-service banking locations and seven loan production offices across seven geographic markets: Lubbock and the South Plains region, Dallas-Fort Worth, El Paso, Greater Houston, Bryan-College Station, the Permian Basin, and Ruidoso, New Mexico. As of December 31, 2025, South Plains Financial maintained total assets of $4.48 billion, gross loans held for investment of $3.14 billion, total deposits of $3.87 billion, and shareholders' equity of $493.8 million. The company employed approximately 603 employees, including 545 full-time and 58 part-time staff members.
South Plains Financial provides comprehensive commercial and consumer financial services to small and medium-sized businesses and individuals, with core offerings including commercial and retail banking, investment services, trust administration, and mortgage banking. The mortgage origination business contributed $269.3 million in originations during 2025, representing approximately 24 percent of noninterest income. The trust division managed approximately $435 million in assets under management, while investment services managed $684.4 million in assets under management.
The company maintains a disciplined, relationship-based credit culture emphasizing local market knowledge, thorough underwriting, and portfolio diversification. Its lending strategy focuses on borrowers located within primary market areas with whom the company maintains ongoing relationships. In December 2025, South Plains Financial announced an agreement to acquire BOH Holdings, Inc., with the transaction expected to close in the second quarter of 2026, subject to regulatory approvals and customary closing conditions. The company's website is www.southplainsfinancial.com.
Company details
- Sector
- Financials
- Industry (SIC)
- Banks & Brokers
- Headquarters
- LUBBOCK, TX
- Fiscal year end
- December
- CIK
- 1163668
- SIC
- 6022
Financial performance, year by year
Fiscal 2019–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns South Plains Financial, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · South Plains Financial, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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