The Online Investor
Stock Buybacks
Contrarian Outlook
Stock Option Ideas
Preferred Stock Newsletter
ChartZero.com
SPFI Buyback image

South Plains Financial, Inc. Buyback

OLI recorded this information on 2/26/2024

Company: South Plains Financial, Inc.
Buyback: SPFI buyback
$Amount Authorized: $10,000,000
Buyback Details: 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 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 21, 2025, 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.

South Plains Financial is a bank holding company. Through its subsidiary, City Bank (City Bank or the Bank), Co. provides a range of commercial and consumer financial services. Co.'s business activities include commercial and retail banking, along with insurance, investment, trust and mortgage services. Co.'s segments are: community banking, which includes City Bank, and insurance, which includes its subsidiary, Windmark Insurance Agency, Inc. The Bank is involved in real estate, commercial, agricultural and consumer lending activities with customers. Co. provides deposit products including demand deposits accounts, interest-bearing products, savings accounts and certificate of deposits.

SPFI SEC Filing Email Alerts Service

Open the SPFI Page at The Online Investor »

Company Name:  South Plains Financial Inc
Stock buyback:  SPFI buyback
Website:  www.spfi.bank
Sector:  Banking & Savings
Number of ETFs Holding SPFI:  21
Total Market Value Held by ETFs:  $30.29M
Total Market Capitalization:  $442.00M
% of Market Cap. Held by ETFs:  6.85%
 

Open the SPFI Page at The Online Investor (in a new window) »

May 8, 2024    7:47 AM Eastern
Quotes delayed 20 minutes

Email EnvelopeFree SPFI Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Strong Buy (3.50 out of 4)
56th percentile
(ranked higher than approx. 56% of all stocks covered)

Analysts' Target Price:
SPFI Stock Forecast

Based on Zacks ABR data;
powered by Xignite

SPFI Buyback | www.TheOnlineInvestor.com | Copyright © 1998 - 2024, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.