South Plains Financial, Inc. (NASDAQ:SPFI) Q1 2025 Earnings Conference Call April 24, 2025 5:00 PM ET Company Participants Steve Crockett – Chief Financial Officer and Treasurer Curtis Griffith – Chairman and Chief Executive Officer Cory Newsom – President Brent Bates – Chief Credit Officer Conference Call Participants Woody Lay – KBW Joe Yanchunis – Raymond James Operator Good afternoon, ladies and gentlemen, and welcome to the South Plains Financial First Quarter 2025 Earnings Conference Call. During toda ...

South Plains Financial (SPFI) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.77%. A quarter ago, it was expected that this company would post earnings of $0.66 per share when it actually produced earnings of $0.96, delivering a surprise of 45.45%.Over the last four quarters, the c ...

South Plains Financial First Quarter 2025 Earnings Presentation April 24, 2025 Safe Harbor Statement and Other Disclosures FORWARD-LOOKING STATEMENTS This presentation contains, and future oral and written statements of South Plains Financial, Inc. ("South Plains", "SPFI", or the "Company") and City Bank ("City Bank" or the "Bank") may contain, statements about future events that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-l ...

Exhibit 99.1 South Plains Financial, Inc. Reports First Quarter 2025 Financial Results LUBBOCK, Texas, April 24, 2025 (GLOBE NEWSWIRE) – South Plains Financial, Inc. (NASDAQ:SPFI) ("South Plains" or the "Company"), the parent company of City Bank ("City Bank" or the "Bank"), today reported its financial results for the quarter ended March 31, 2025. First Quarter 2025 Highlights Curtis Griffith, South Plains' Chairman and Chief Executive Officer, commented, "We delivered strong first quarter results highligh ...

LUBBOCK, Texas, April 24, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today reported its financial results for the quarter ended March 31, 2025. First Quarter 2025 Highlights Net income for the first quarter of 2025 was $12.3 million, compared to $16.5 million for the fourth quarter of 2024 and $10.9 million for the first quarter of 2024.Diluted earnings per share for the first quarter of ...

While South Plains Financial (NASDAQ: SPFI ) still has to report its Q1 earnings, I wanted to have a look at its 2024 results to see how this local bank with $4.2B in assets performed. SPFI is headquartered in Lubbock, Texas, and mainly serves theHe is the leader of the investment group European Small Cap Ideas which offers exclusive access to actionable research on appealing Europe-focused investment opportunities not found elsewhere. The a focus is on high-quality ideas in the small-cap space, with emphas ...

LUBBOCK, Texas, April 14, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its first quarter 2025 financial results will be released after market close on Thursday, April 24, 2025. The Company will host a conference call and webcast at 5:00 p.m. ET on the same day to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 1-877-407-9716 (intern ...

Core Viewpoint - South Plains Financial, Inc. demonstrates its commitment to corporate responsibility and community impact through its 2024 Community Impact Report, highlighting significant contributions to local communities and stakeholders [1][3]. Company Overview - South Plains Financial, Inc. is the parent company of City Bank, a Texas state-chartered bank headquartered in Lubbock, Texas, and is one of the largest independent banks in West Texas [5]. - The company provides a wide range of financial services, including commercial and retail banking, investment, trust, and mortgage services [5]. Community Contributions - The company provided over $400 million in loans for small businesses, farms, and community development during the year ended December 31, 2024 [7]. - Employees volunteered more than 4,200 hours to 184 organizations, showcasing the company's commitment to community service [7]. - City Bank was recognized as the group of the year by the South Plains Food Bank, serving over 57,000 individuals annually [7]. - The company partnered with EverFi to provide 1,257 hours of learning to more than 500 students in Texas and New Mexico [7]. Leadership Perspective - Curtis Griffith, Chairman and CEO, emphasized the importance of doing business ethically and the company's core purpose of using relationships to help people succeed and improve their lives [2].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to_______________ Commission File Number 001-38895 South Plains Financial, Inc. (Exact name of registrant as specified in its charter) (State or oth ...

LUBBOCK, Texas, Feb. 25, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), today announced that the board of directors of the Company (the “Board”) approved a new stock repurchase program for up to $15.0 million of the outstanding shares of the Company’s common stock (the “Stock Repurchase Program”). The Stock Repurchase Program will conclude on February 21, 2026, subject to the earlier termination or extension of the Stock Repurchase Program by the Board ...