South Plains Financial, Inc. Announces 8% Increase to Quarterly Cash Dividend
19 Gennaio 2023 - 10:10PM
South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains”), the
parent company of City Bank, today announced that its Board of
Directors has declared a quarterly cash dividend of $0.13 per share
of common stock, an 8% increase from the most recent quarterly cash
dividend declared in October 2022 . The dividend is payable on
February 13, 2023 to shareholders of record as of the close of
business on January 30, 2023.
About South Plains Financial,
Inc.
South Plains is the bank holding company for
City Bank, a Texas state-chartered bank headquartered in Lubbock,
Texas. City Bank is one of the largest independent banks in West
Texas and has additional banking operations in the Dallas, El Paso,
Greater Houston, the Permian Basin, and College Station, Texas
markets, and the Ruidoso, New Mexico market. South Plains provides
a wide range of commercial and consumer financial services to small
and medium-sized businesses and individuals in its market areas.
Its principal business activities include commercial and retail
banking, along with insurance, investment, trust and mortgage
services. Please visit https://www.spfi.bank for more
information.
Contact: |
Mikella Newsom, Chief Risk Officer and
Secretaryinvestors@city.bank(866) 771-3347 |
Source: South Plains Financial, Inc.
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