South Plains Financial, Inc. (SPFI) to Distribute Quarterly Dividend of $0.18 on August 10th

Posted by Doug Wharley on Jul 25th, 2026

South Plains Financial, Inc. (NASDAQ:SPFI – Get Free Report) declared a quarterly dividend on Thursday, July 16th. Stockholders of record on Monday, July 27th will be paid a dividend of 0.18 per share on Monday, August 10th. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Monday, July 27th. This is a 5.9% increase from South Plains Financial’s previous quarterly dividend of $0.17.

South Plains Financial has raised its dividend payment by an average of 0.3%annually over the last three years and has raised its dividend every year for the last 5 years. South Plains Financial has a dividend payout ratio of 21.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect South Plains Financial to earn $4.16 per share next year, which means the company should continue to be able to cover its $0.72 annual dividend with an expected future payout ratio of 17.3%.

South Plains Financial Stock Up 0.9%

SPFI opened at $44.63 on Friday. South Plains Financial has a one year low of $35.34 and a one year high of $46.94. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.93 and a current ratio of 0.93. The stock’s fifty day moving average is $41.95 and its 200-day moving average is $41.76. The company has a market capitalization of $854.49 million, a PE ratio of 12.16 and a beta of 0.46.

South Plains Financial (NASDAQ:SPFI – Get Free Report) last announced its quarterly earnings data on Friday, July 17th. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.02. South Plains Financial had a return on equity of 13.23% and a net margin of 20.79%.The business had revenue of $64.49 million during the quarter, compared to analyst estimates of $63.34 million. On average, equities analysts predict that South Plains Financial will post 3.77 EPS for the current fiscal year.

South Plains Financial Company Profile

(Get Free Report)

South Plains Financial, Inc is the bank holding company for South Plains Bank, a community-oriented financial institution headquartered in Lubbock, Texas. The company operates as a full-service commercial bank, providing a broad spectrum of banking solutions to individuals, small businesses and agricultural clients. Its principal subsidiary, South Plains Bank, holds state and national banking charters and is subject to regulatory oversight by the Federal Reserve and various state banking authorities.

The company’s product offerings include traditional deposit accounts such as checking, savings and money market accounts, as well as time deposits.