South Plains Financial Increases Quarterly Dividend by 7%

South Plains Financial ( (SPFI) ) has issued an update.

On July 17, 2025, South Plains Financial, Inc. announced a 7% increase in its quarterly cash dividend, raising it to $0.16 per share of common stock. This dividend will be paid on August 11, 2025, to shareholders recorded by July 28, 2025, reflecting the company’s commitment to delivering value to its stakeholders.

The most recent analyst rating on (SPFI) stock is a Buy with a $42.00 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 demonstrates strong financial performance and positive earnings call sentiment, supported by robust revenue growth and strategic initiatives. Technical indicators suggest current bullish momentum, although potential overbought conditions could impact short-term price movements. Valuation metrics indicate the stock is fairly priced with a modest dividend yield. Overall, the company is positioned well within its industry, with solid growth prospects balanced by manageable risks.

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 operations in Dallas, El Paso, Greater Houston, the Permian Basin, and College Station, Texas, as well as Ruidoso, New Mexico. The company offers a wide range of commercial and consumer financial services, including commercial and retail banking, investment, trust, and mortgage services.

Average Trading Volume: 41,392

Technical Sentiment Signal: Buy

Current Market Cap: $596.5M

See more insights into SPFI stock on TipRanks’ Stock Analysis page.