South Plains Financial Shareholders Approve Key Proposals

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

South Plains Financial, Inc. held its 2025 Annual Meeting of Shareholders virtually on May 20, 2025. During the meeting, shareholders approved four key proposals, including the election of two Class III directors, the ratification of Forvis Mazars, LLP as the independent accounting firm, and the approval of executive compensation and its advisory vote frequency. The company decided to hold annual advisory votes on executive compensation until at least 2031.

The most recent analyst rating on (SPFI) stock is a Buy with a $43.00 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 exhibits strong financial performance with high profitability and a robust balance sheet. Technical indicators show a neutral to slightly bearish trend, while valuation metrics suggest the stock is fairly priced. The earnings call highlights strengths in deposit growth and credit quality but also points out challenges such as declining non-interest income and earnings per share. Overall, the company is well-positioned for growth, though vigilance in managing leverage and cash flow remains important.

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

More about South Plains Financial

Average Trading Volume: 36,797

Technical Sentiment Signal: Strong Buy

Current Market Cap: $571.9M

Learn more about SPFI stock on TipRanks’ Stock Analysis page.