South Plains Financial

General Information


We are a bank holding company headquartered in Lubbock, Texas, and City Bank is one of the largest independent banks in West Texas. We have additional banking operations in the Dallas-Fort Worth-Arlington and El Paso MSAs, as well as in the Greater Houston, College Station, and Ruidoso and Eastern New Mexico markets. Through City Bank, we provide a wide range of commercial and consumer financial services to small and medium-sized businesses and individuals in our market areas.

Employees: 684
Founded: 1944
Contact Information
Address 5219 City Bank Parkway, Lubbock, TX 79407, US
Phone Number (806) 792-7101
Web Address
View Prospectus: South Plains Financial
Financial Information
Market Cap $305.7mil
Revenues $118.1 mil (last 12 months)
Net Income $20.8 mil (last 12 months)
IPO Profile
Symbol SPFI
Exchange NASDAQ
Shares (millions): 3.4
Price range $17.50 - $17.50
Est. $ Volume $59.2 mil
Manager / Joint Managers Keefe, Bruyette & Woods/ Sandler O'Neill + Partners
CO-Managers -
Expected To Trade: 5/9/2019
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change