South Plains Financial, Inc. (NASDAQ:SPFI) has declared a quarterly cash dividend of $0.16 per share of common stock, payable on November 10, 2025, to shareholders of record as of the close of business on October 27, 2025.
South Plains, the parent company of City Bank, is a significant player in the West Texas banking sector. City Bank operates in various markets, including Dallas, El Paso, Greater Houston, the Permian Basin, College Station in Texas, and the Ruidoso market in New Mexico.
The company provides a wide range of financial services to small and medium-sized businesses and individuals, including commercial and retail banking, investment, trust, and mortgage services.
Investors will be keen to see how this dividend payout compares to the previous period and the company's overall financial performance. Today the company's shares have moved -5.01% to a price of $36.685. For more information, read the company's full 8-K submission here.