South Plains Financial, Inc. Named One of America’s Best Banks by Forbes
South Plains Financial (NASDAQ:SPFI) announced that its subsidiary City Bank ranked 7th on Forbes' 17th annual list of America’s Best Banks and was named the top bank in Texas.
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Rhea-AI Summary
South Plains Financial (NASDAQ:SPFI) announced that its subsidiary City Bank ranked 7th on Forbes' 17th annual list of America’s Best Banks and was named the top bank in Texas. Forbes evaluated the top 200 publicly traded banks using 11 equally weighted metrics through Sept 30, 2025.
The designation recognizes credit quality, profitability, and stock performance across the last twelve months and highlights City Bank's regional standing and employee contributions.
Details
News Market Reaction – SPFI
On Feb 6, the first trading day after this news, SPFI closed 0.77% above the previous close.
Data tracked by StockTitan Argus for the Feb 6 session.
Key Figures
- Forbes ranking
- 7th
- Rank on Forbes list of America’s Best Banks
- Texas ranking
- 1st
- City Bank ranked top bank in Texas
- Annual list
- 17th annual
- Edition of Forbes America’s Best Banks list
- Eligible banks
- 200
- Largest publicly traded banks and thrifts by assets eligible
- Ranked banks
- 100
- Top banks Forbes ranked from eligible universe
- Metrics used
- 11
- Equally weighted metrics on credit quality, profitability, stock performance
- Lookback end date
- September 30, 2025
- End of 12‑month period used in Forbes analysis
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24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LUBBOCK, Texas, Feb. 05, 2026 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), announced that it has been named one of the best banks in the country, ranking 7th on Forbes 17th annual list of America’s Best Banks. The designation ranked City Bank as the top bank in Texas.
Curtis Griffith, South Plains’ Chairman and Chief Executive Officer, commented, “We are truly honored to be included on this prestigious list. This ranking reflects the dedication and impact of our employees at every level of our organization. Their commitment strengthens our bank, supports our customers, and enriches the communities we serve. Our people are truly our greatest strength.”
The 200 largest publicly-traded banks and thrifts by assets were eligible for the list. Forbes ranked the top 100 banks based on an analysis of 11 equally-weighted metrics measuring credit quality, profitability, and stock performance from the last twelve months as of September 30, 2025.
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:
Investors
Mikella Newsom, Chief Risk Officer and Secretary
investors@city.bank
(866) 771-3347
Media
Michelle Hougland
mhougland@city.bank
(806) 792-7101, ext. 2270
Source: South Plains Financial, Inc.
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