City Bank

South Plains Financial, Inc. Reports First Quarter 2024 Financial Results

Retrieved on: 
Thursday, April 25, 2024
Common equity, Sale, Federal Reserve Bank, Insurance, Environment, Bank, City Bank, SPFI, Eastern Time Zone, AOCI, Growth, Video game

LUBBOCK, Texas, April 25, 2024 (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, 2024.

Key Points: 
  • LUBBOCK, Texas, April 25, 2024 (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, 2024.
  • Net income for the first quarter of 2024 was $10.9 million, compared to $10.3 million for the fourth quarter of 2023 and $9.2 million for the first quarter of 2023.
  • Diluted earnings per share for the first quarter of 2024 was $0.64, compared to $0.61 for the fourth quarter of 2023 and $0.53 for the first quarter of 2023.
  • South Plains will host a conference call to discuss its first quarter 2024 financial results today, April 25, 2024, at 5:00 p.m., Eastern Time.

South Plains Financial, Inc. Announces 8% Increase to Quarterly Cash Dividend

Retrieved on: 
Thursday, April 18, 2024
City Bank, SPFI

LUBBOCK, Texas, April 18, 2024 (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 $0.14 per share of common stock, an 8% increase from the most recent quarterly cash dividend declared in January 2024.

Key Points: 
  • LUBBOCK, Texas, April 18, 2024 (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 $0.14 per share of common stock, an 8% increase from the most recent quarterly cash dividend declared in January 2024.
  • The dividend is payable on May 13, 2024 to shareholders of record as of the close of business on April 29, 2024.

South Plains Financial, Inc. Announces First Quarter 2024 Earnings Call

Retrieved on: 
Thursday, April 11, 2024
News, Webcast, City Bank, SPFI

LUBBOCK, Texas, April 11, 2024 (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 2024 financial results will be released after market close on Thursday, April 25, 2024.

Key Points: 
  • LUBBOCK, Texas, April 11, 2024 (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 2024 financial results will be released after market close on Thursday, April 25, 2024.
  • The Company will host a conference call and webcast at 5:00 p.m.
  • A live audio webcast of the conference call will be available on the Company’s website at https://www.spfi.bank/news-events/events .
  • The replay will be available until May 9, 2024.

South Plains Financial, Inc. Publishes 2023 Community Impact Report

Retrieved on: 
Wednesday, March 13, 2024
SPFI, Organization, Farm, Environment, ESG, Bank, City Bank, Workplace, LED, Paper

LUBBOCK, Texas, March 13, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (the “Bank”), today announced the release of the Company’s 2023 Community Impact Report.

Key Points: 
  • LUBBOCK, Texas, March 13, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (the “Bank”), today announced the release of the Company’s 2023 Community Impact Report.
  • This report demonstrates South Plains’ ongoing commitment to being a responsible corporate citizen in each of the unique communities in which the Company and the Bank operate.
  • Our focus on building a financial institution that is the hometown bank in every community that we serve is enhanced by our ESG efforts.”
    Highlights from the 2023 Community Impact Report:
    South Plains fosters an inclusive workplace and meets Nasdaq’s board diversity requirement.
  • For more information, please read the Company’s 2023 Community Impact Report, available at www.spfi.bank/communityimpact .

South Plains Financial, Inc. Reports Fourth Quarter and Year-End 2023 Financial Results

Retrieved on: 
Friday, January 26, 2024
Silicon, Dislocation, Signature Bank, Sale, Tax, Common equity, City Bank, AOCI, Fed, SPFI, Federal Reserve Bank, Eastern Time Zone, Silicon Valley Bank, Growth, Video game

Net income for the fourth quarter of 2023 was $10.3 million, compared to $13.5 million for the third quarter of 2023 and $12.6 million for the fourth quarter of 2022.

Key Points: 
  • Net income for the fourth quarter of 2023 was $10.3 million, compared to $13.5 million for the third quarter of 2023 and $12.6 million for the fourth quarter of 2022.
  • Diluted earnings per share for the fourth quarter of 2023 was $0.61, compared to $0.78 for the third quarter of 2023 and $0.71 for the fourth quarter of 2022.
  • Annualized net charge-offs were 0.08% for the fourth quarter of 2023, compared to 0.05% for the third quarter of 2023 and 0.09% for the fourth quarter of 2022.
  • South Plains will host a conference call to discuss its fourth quarter and year-end 2023 financial results today, January 26, 2024, at 10:00 a.m., Eastern Time.

South Plains Financial, Inc. Declares Quarterly Cash Dividend

Retrieved on: 
Thursday, January 18, 2024
SPFI, City Bank

LUBBOCK, Texas, Jan. 18, 2024 (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 $0.13 per share of common stock.

Key Points: 
  • LUBBOCK, Texas, Jan. 18, 2024 (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 $0.13 per share of common stock.
  • The dividend is payable on February 12, 2024 to shareholders of record as of the close of business on January 29, 2024.

South Plains Financial, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Call

Retrieved on: 
Tuesday, January 16, 2024
News, SPFI, City Bank, Webcast

LUBBOCK, Texas, Jan. 16, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its fourth quarter and full year 2023 financial results will be released before market open on Friday, January 26, 2024.

Key Points: 
  • LUBBOCK, Texas, Jan. 16, 2024 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its fourth quarter and full year 2023 financial results will be released before market open on Friday, January 26, 2024.
  • The Company will host a conference call and webcast at 10:00 a.m.
  • ET on the same day to discuss the financial results.
  • A live audio webcast of the conference call will be available on the Company’s website at https://www.spfi.bank/news-events/events .

South Plains Financial, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, October 24, 2023
Sale, IPO, SPFI, Eastern Time Zone, Federal Home Loan Banks, Pressure, Federal Reserve Bank of St. Louis, City Bank, Federal Reserve Bank, AOCI, Growth, Common equity, Federal, Cryptocurrency, Video game, Rare-earth element, Bank

LUBBOCK, Texas, Oct. 24, 2023 (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 September 30, 2023.

Key Points: 
  • LUBBOCK, Texas, Oct. 24, 2023 (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 September 30, 2023.
  • Net income for the third quarter of 2023 was $13.5 million, compared to $29.7 million for the second quarter of 2023 and $15.5 million for the third quarter of 2022.
  • Average brokered deposits increased approximately $175 million during the third quarter 2023 from the second quarter 2023.
  • South Plains will host a conference call to discuss its third quarter 2023 financial results today, October 24, 2023, at 5:00 p.m., Eastern Time.

South Plains Financial, Inc. Declares Quarterly Cash Dividend

Retrieved on: 
Thursday, October 19, 2023
SPFI, City Bank, Holding company, Cryptocurrency

LUBBOCK, Texas, Oct. 19, 2023 (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 $0.13 per share of common stock.

Key Points: 
  • LUBBOCK, Texas, Oct. 19, 2023 (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 $0.13 per share of common stock.
  • The dividend is payable on November 13, 2023 to shareholders of record as of the close of business on October 30, 2023.

South Plains Financial, Inc. Announces Third Quarter 2023 Earnings Call

Retrieved on: 
Wednesday, October 18, 2023
Baozou Big News Events, News, SPFI, Webcast, City Bank, Cryptocurrency

LUBBOCK, Texas, Oct. 18, 2023 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its third quarter 2023 financial results will be released after market close on Tuesday, October 24, 2023.

Key Points: 
  • LUBBOCK, Texas, Oct. 18, 2023 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its third quarter 2023 financial results will be released after market close on Tuesday, October 24, 2023.
  • The Company will host a conference call and webcast at 5:00 p.m.
  • A live audio webcast of the conference call will be available on the Company’s website at https://www.spfi.bank/news-events/events .
  • The replay will be available until November 7, 2023.