tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

South Plains Financial Announces Merger with BOH Holdings

Story Highlights
  • South Plains Financial will acquire BOH Holdings in an all-stock deal worth $105.9 million.
  • The merger will expand SPFI’s presence in Houston and is expected to close in Q2 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
South Plains Financial Announces Merger with BOH Holdings

TipRanks Cyber Monday Sale

South Plains Financial ( (SPFI) ) has shared an announcement.

On December 1, 2025, South Plains Financial, Inc. (SPFI) announced a definitive merger agreement to acquire BOH Holdings, Inc. (BOH) in an all-stock transaction valued at approximately $105.9 million. This merger, expected to close in the second quarter of 2026, will strengthen SPFI’s position as a leading Texas community bank, expanding its geographic footprint in the Houston metropolitan statistical area. The merger is anticipated to be accretive to SPFI’s earnings per share by 11% in 2027 and will result in a combined entity with approximately $5.4 billion in assets. The transaction, which has been unanimously approved by the boards of both companies, is subject to customary closing conditions, including regulatory approvals and shareholder consent.

The most recent analyst rating on (SPFI) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on South Plains Financial stock, see the SPFI Stock Forecast page.

Spark’s Take on SPFI Stock

According to Spark, TipRanks’ AI Analyst, SPFI is a Outperform.

South Plains Financial’s overall score reflects a strong financial foundation and positive earnings call insights. However, technical indicators suggest bearish momentum, and valuation metrics indicate moderate attractiveness. The company’s strategic initiatives and solid balance sheet support its potential for future growth.

To see Spark’s full report on SPFI stock, click here.

More about South Plains Financial

South Plains Financial, Inc. is the bank holding company for City Bank, a Texas state-chartered bank headquartered in Lubbock, Texas. It is one of the largest independent banks in West Texas, with additional operations in Dallas, El Paso, Greater Houston, the Permian Basin, and College Station, Texas markets, as well as Ruidoso, New Mexico. The company provides a wide range of commercial and consumer financial services to small and medium-sized businesses and individuals, with principal activities including commercial and retail banking, investment, trust, and mortgage services.

Average Trading Volume: 44,927

Technical Sentiment Signal: Buy

Current Market Cap: $614M

For a thorough assessment of SPFI stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1