South Plains Financial (NASDAQ:SPFI) Director Richard Campbell Sells 17,809 Shares of Stock

Posted by George Bondi on Nov 6th, 2026

South Plains Financial, Inc. (NASDAQ:SPFI – Get Free Report) Director Richard Campbell sold 17,809 shares of the business’s stock in a transaction that occurred on Thursday, November 5th. The stock was sold at an average price of $44.06, for a total value of $784,664.54. Following the sale, the director owned 1,332,412 shares of the company’s stock, valued at $58,706,072.72. The trade was a 1.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

South Plains Financial Stock Down 2.5%

NASDAQ SPFI opened at $42.86 on Friday. The business has a fifty day moving average price of $43.54 and a 200 day moving average price of $42.66. South Plains Financial, Inc. has a one year low of $35.81 and a one year high of $46.94. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.96 and a current ratio of 0.97. The company has a market cap of $807.91 million, a P/E ratio of 11.37 and a beta of 0.47.

South Plains Financial (NASDAQ:SPFI – Get Free Report) last announced its quarterly earnings data on Thursday, October 22nd. The company reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.07. The company had revenue of $65.27 million for the quarter, compared to analyst estimates of $65.22 million. South Plains Financial had a return on equity of 12.36% and a net margin of 21.23%. Research analysts anticipate that South Plains Financial, Inc. will post 3.86 EPS for the current fiscal year.

South Plains Financial Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Monday, November 2nd will be issued a dividend of $0.19 per share. The ex-dividend date of this dividend is Monday, November 2nd. This is a positive change from South Plains Financial’s previous quarterly dividend of $0.18. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.8%. South Plains Financial’s payout ratio is currently 20.16%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on SPFI shares. Raymond James Financial reissued an “outperform” rating and issued a $50.00 price target on shares of South Plains Financial in a research note on Monday, July 20th. Benchmark restated a “buy” rating on shares of South Plains Financial in a research report on Monday, July 20th. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and set a $50.00 price objective (up from $48.00) on shares of South Plains Financial in a research note on Monday, July 20th. Finally, Weiss Ratings raised shares of South Plains Financial from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Thursday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $49.60.

View Our Latest Research Report on SPFI

Institutional Investors Weigh In On South Plains Financial

Hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new position in South Plains Financial during the second quarter worth approximately $61,644,000. Basswood Capital Management L.L.C. acquired a new position in South Plains Financial during the second quarter worth $13,426,000. Empowered Funds LLC purchased a new stake in South Plains Financial in the 2nd quarter valued at $3,981,000. Corient Private Wealth LP purchased a new stake in South Plains Financial in the 2nd quarter valued at $3,346,000. Finally, Renaissance Technologies LLC grew its holdings in South Plains Financial by 0.9% in the 1st quarter. Renaissance Technologies LLC now owns 76,400 shares of the company’s stock valued at $3,201,000 after buying an additional 700 shares in the last quarter. Institutional investors and hedge funds own 54.95% of the company’s stock.

South Plains Financial Company Profile

(Get Free Report)

South Plains Financial, Inc is a bank holding company headquartered in Lubbock, Texas. Through its principal subsidiary, City Bank, the company provides banking and financial services to individuals, businesses, agricultural customers and other organizations.

City Bank offers a range of products and services, including checking and savings accounts, certificates of deposit, consumer loans, commercial and industrial lending, agricultural loans, real estate financing, mortgage lending, wealth management and treasury management services.