The coronavirus-led demand and supply disorder adds to the economic woes by affecting the world, which is already under a hefty debt crisis. Current debt load of sovereign borrowers is $72.7 trillion.
It's been a good week for South Plains Financial, Inc. (NASDAQ:SPFI) shareholders, because the company has just...
South Plains Financial, Inc. (SPFI) (“South Plains” or the “Company”), the parent company of City Bank, completed its acquisition of West Texas State Bank (“WTSB”) on November 12, 2019. Under the terms of the definitive agreement, WTSB shareholders were paid an aggregate of $76.1 million in cash merger consideration. As of September 30, 2019, South Plains reported, on a consolidated basis, total assets of $2.8 billion, total deposits of $2.3 billion and total loans of $2.0 billion and WTSB reported total assets of $430 million, total deposits of $375 million and total loans of $200 million.
LUBBOCK, Texas, April 30, 2020 -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”),.
LUBBOCK, Texas, Jan. 24, 2020 -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”),.
The Company will host a conference call and webcast at 5:00 p.m. Eastern Time on the same day to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 1-800-347-6311 (international callers please dial 1-646-828-8143) approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available on the Company’s website at https://www.spfi.bank/news-events/events.
LUBBOCK, Texas, Jan. 14, 2020 -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its fourth.
The Zacks Analyst Blog Highlights: Investors Bancorp, American River Bankshares, Opus Bank, South Plains Financial and Metropolitan Bank
With me here today are Curtis Griffith, our Chairman and Chief Executive Officer; Cory Newsom, our President; and Brent Bates, City Bank's Chief Credit Officer. As a reminder, a telephonic replay of this call will be available through May 14, 2020.
Unfortunately for some shareholders, the South Plains Financial (NASDAQ:SPFI) share price has dived 39% in the last...
LUBBOCK, Texas, Jan. 16, 2020 -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its Board.
South Plains Financial, Inc. (“SPFI” or the “Company”) (SPFI) the parent company of City Bank, today announced that the board of directors of SPFI (the “Board”) has authorized a stock buyback program pursuant to which the Company may, from time to time, purchase up to $10 million of its outstanding shares of common stock. The shares may be repurchased from time to time in privately negotiated transactions or the open market, including pursuant to a Rule 10b5-1 trading plan adopted by the Company, and in accordance with applicable regulations of the SEC.
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]
LUBBOCK, Texas, Oct. 24, 2019 -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today reported its financial.
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]
CBTX saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.
South Plains Financial, Inc. (SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its third quarter 2019 financial results will be released before market open on Thursday, October 24, 2019. The Company will host a conference call and webcast at 9:00 a.m. Eastern Time 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 (international callers please dial 1-201-493-6779) approximately 10 minutes prior to the start of the call.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
The amount and timing of any future dividend payments to the Company’s shareholders will be subject to the discretion of the Company’s Board of Directors. In addition, the Company announced that it has temporarily suspended its stock repurchase program in response to the ongoing COVID-19 pandemic. The Company’s Board of Directors previously authorized the Company to purchase up to $10.0 million of its outstanding shares of common stock from time to time in open market purchases or privately negotiated transactions.
Shareholders will no longer be able to attend the Annual Meeting in person. Shareholders of record as of the close of business on March 25, 2020, the record date for the Annual Meeting, may participate in the Annual Meeting by means of remote communication by logging onto the virtual meeting platform at www.virtualshareholdermeeting.com/SPFI2020 with their sixteen-digit control number provided on their proxy card or, if their shares of common stock of the Company are held in “street name,” on their broker’s or intermediary’s voting instruction card.