South Plains Financial

SPFI

Market cap $672M

LUBBOCK, Texas, Feb. 23, 2026 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), today announced that the board of directors of the Company (the “Board”) approved a new stock repurchase program for up to $10.0 million of the outstanding shares of the Company's common stock (the “Stock Repurchase Program”). The Stock Repurchase Program will conclude on February 23, 2027, subject to the earlier termination or extension of the Stock Repurchase Program by the Board or the $10.0 million designated for the Stock Repurchase Program are depleted.

SPFI, RIO, CLS, PCB and PINE have been added to the Zacks Rank #1 (Strong Buy) List on February 18th, 2026.

SPFI, PINE and F made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 18th, 2026.

GOLD, NIC, SPFI, AUNA and FOX have been added to the Zacks Rank #1 (Strong Buy) List on February 10, 2026.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

LUBBOCK, Texas, Feb. 05, 2026 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), announced that it has been named one of the best banks in the country, ranking 7th on Forbes 17th annual list of America's Best Banks. The designation ranked City Bank as the top bank in Texas.

South Plains Financial (SPFI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

CMWAY, CBOE, SPFI, TEL and IVZ have been added to the Zacks Rank #1 (Strong Buy) List on January 29th, 2026.

SPFI, ALRS and SKM made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 29th, 2026.

South Plains Financial is rated a "Hold" as shares trade at ~10x pro forma earnings, reflecting M&A benefits and Texas market positioning. The BOH Holdings acquisition expands SPFI's Houston presence, but significant investment and execution are needed to scale beyond its Lubbock base. SPFI maintains strong credit quality, robust reserves, and a CET1 ratio of 14.45%, supporting a secure and recently increased dividend.