South Plains Financial, Inc.
South Plains Financial, Inc. is a bank holding company headquartered in Lubbock, Texas. Founded to serve the financial needs of businesses and individuals primarily in West Texas, it operates through its subsidiary, City Bank, and provides a range of banking services including commercial and consumer banking, mortgage lending, and wealth management. The firm is publicly traded and employs over 700 professionals, serving small businesses, agricultural clients, and retail consumers across Texas and New Mexico.
Investment Strategy
South Plains Financial focuses on supporting the financial goals of its regional client base by emphasizing community-driven commercial and consumer lending, agricultural banking, and personal financial services. The company's strategy balances prudent risk management with localized decision-making, supporting growth in historically underserved areas while maintaining a conservative credit culture and investing in technology for customer convenience.
Top Holdings
Equity Positions (230)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IEFA | ISHARES TR | 7.93% | $11.3M | 135,067 | $70.33 | $83.48 | +$844.3K |
M MSFT | MICROSOFT CORP | 4.32% | $6.1M | 12,342 | $421.34 | $497.41 | +$1.7M |
I IJH | ISHARES TR | 3.84% | $5.5M | 88,139 | $62.31 | $62.02 | +$340.1K |
A AAPL | APPLE INC | 3.57% | $5.1M | 24,723 | $246.13 | $205.17 | -$91.4K |
I IEMG | ISHARES INC | 3.02% | $4.3M | 71,625 | $54.66 | $60.03 | +$1.6M |