South Plains Financial, Inc. Declares Quarterly Cash Dividend
Rhea-AI Summary
South Plains Financial (NASDAQ:SPFI), the parent company of City Bank, has announced a quarterly cash dividend of $0.15 per share of common stock. The dividend will be paid on May 12, 2025 to shareholders of record as of the close of business on April 28, 2025.
Positive
- Continued dividend payments indicate financial stability
- Regular cash return to shareholders maintained
Negative
- None.
LUBBOCK, Texas, April 17, 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
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 investors@city.bank (866) 771-3347 | |
Source: South Plains Financial, Inc.
FAQ
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