City Bank

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

Retrieved on: 
Friday, January 26, 2024

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

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

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

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

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

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.

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

Retrieved on: 
Tuesday, July 25, 2023

Net income for the second quarter of 2023 was $29.7 million, compared to $9.2 million for the first quarter of 2023 and $15.9 million for the second quarter of 2022.

Key Points: 
  • Net income for the second quarter of 2023 was $29.7 million, compared to $9.2 million for the first quarter of 2023 and $15.9 million for the second quarter of 2022.
  • Diluted earnings per share for the second quarter of 2023 was $1.71, compared to $0.53 for the first quarter of 2023 and $0.88 for the second quarter of 2022.
  • Provision for credit losses was $3.7 million in the second quarter of 2023, compared to $1.0 million in the first quarter of 2023 and no provision for the second quarter of 2022.
  • South Plains will host a conference call to discuss its second quarter 2023 financial results today, July 25, 2023, at 5:00 p.m., Eastern Time.

South Plains Financial, Inc. Declares Quarterly Cash Dividend

Retrieved on: 
Thursday, July 20, 2023

LUBBOCK, Texas, July 20, 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, July 20, 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 August 14, 2023 to shareholders of record as of the close of business on July 31, 2023.

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

Retrieved on: 
Tuesday, July 11, 2023

LUBBOCK, Texas, July 11, 2023 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its second quarter 2023 financial results will be released after market close on Tuesday, July 25, 2023.

Key Points: 
  • LUBBOCK, Texas, July 11, 2023 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its second quarter 2023 financial results will be released after market close on Tuesday, July 25, 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 August 8, 2023.

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

Retrieved on: 
Thursday, April 27, 2023

LUBBOCK, Texas, April 27, 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 March 31, 2023.

Key Points: 
  • LUBBOCK, Texas, April 27, 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 March 31, 2023.
  • Net income for the first quarter of 2023 was $9.2 million, compared to $12.6 million for the fourth quarter of 2022 and $14.3 million for the first quarter of 2022.
  • Diluted earnings per share for the first quarter of 2023 was $0.53, compared to $0.71 for the fourth quarter of 2022 and $0.78 for the first quarter of 2022.
  • South Plains will host a conference call to discuss its first quarter 2023 financial results today, April 27, 2023, at 5:00 p.m., Eastern Time.