In the last year, South Plains Financial generated $118.1 million in revenue and $20.8 million in net income. The company has a market-cap of $323.2 million.
Keefe, Bruyette & Woods (A Stifel Company) and Sandler O’Neill + Partners acted as the underwriters for the IPO.
South Plains Financial provided the following description of their company for its IPO: ” 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. “.
South Plains Financial was founded in 1944 and has 684 employees. The company is located at 5219 City Bank Parkway, Lubbock, TX 79407, US and can be reached via phone at (806) 792-7101 or on the web at http://www.city.bank.
Receive News & Ratings for South Plains Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for South Plains Financial and related companies with MarketBeat.com's FREE daily email newsletter.