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South Plains Financial, Inc.

Public Equity (NASDAQ)BankingPublic CompanyFinancial Services
๐Ÿ“ Lubbock, TX, USA
StreetZero Signal 67
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About South Plains Financial, Inc.

South Plains Financial, Inc. (NASDAQ: SPFI) is a bank holding company and the parent of City Bank, a Texas state-chartered bank headquartered in Lubbock, Texas. The company provides commercial and retail banking services along with insurance, investment, trust and mortgage services to small and medium-sized businesses and individuals in its market areas. As of the end of 2018 the company had $2.7 billion in assets; following the 2025 acquisition of BOH Holdings it reports approximately $5.4 billion in assets, $3.8 billion in loans and $4.6 billion in deposits.

LATEST FUNDINGRule 144
$7.1M
Announced 2026-11-03
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Investors

Not disclosed in the source filing. Form D filings do not list investors โ€” StreetZero surfaces them from news where available.

Key highlights

  • Completed initial public offering of common stock in May 2019
  • Acquired BOH Holdings, Inc. in an all-stock merger valued at approximately $105.9 million (December 2025)
  • Parent company of City Bank with pro forma assets of $5.4 billion after the BOH acquisition
  • Largest shareholders include Henry Taw, L.P. (9.4%) and CEO Curtis Griffith (8.3%)

Source document & SEC filing

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