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South Plains Financial ( (SPFI) ) has issued an announcement.
On January 22, 2026, South Plains Financial, Inc. announced that its board of directors approved a 6% increase in the company’s quarterly cash dividend to $0.17 per share of common stock, up from the dividend declared in November 2025. The dividend is scheduled to be paid on February 17, 2026, to shareholders of record as of the close of business on February 2, 2026, signaling the company’s continued willingness to return capital to investors and suggesting confidence in its ongoing financial performance and stability.
The most recent analyst rating on (SPFI) stock is a Buy with a $46.00 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 strong financial performance and strategic initiatives, including a significant merger, drive a positive outlook. Technical indicators support the stock’s momentum, while valuation metrics suggest reasonable pricing. The earnings call and corporate events further bolster confidence in 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. City Bank is one of the largest independent banks in West Texas, with additional operations in the Dallas, El Paso, Greater Houston, Permian Basin, and College Station markets in Texas, as well as Ruidoso, New Mexico. Through these operations, South Plains provides a broad range of commercial and consumer financial services, including commercial and retail banking, and investment, trust, and mortgage services to small and medium-sized businesses and individuals in its regional markets.
Average Trading Volume: 55,868
Technical Sentiment Signal: Buy
Current Market Cap: $656.6M
See more data about SPFI stock on TipRanks’ Stock Analysis page.