South Plains Financial Files 8-K on Operations
Ticker: SPFI · Form: 8-K · Filed: Jul 18, 2024 · CIK: 1163668
| Field | Detail |
|---|---|
| Company | South Plains Financial, Inc. (SPFI) |
| Form Type | 8-K |
| Filed Date | Jul 18, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1.00, $0.14 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, operations, regulation-fd
Related Tickers: SPFI
TL;DR
SPFI dropped an 8-K on July 18th covering financials and other events.
AI Summary
On July 18, 2024, South Plains Financial, Inc. filed an 8-K report detailing the results of operations and financial condition. The filing also included disclosures under Regulation FD and other events, along with financial statements and exhibits. The company is incorporated in Texas and headquartered in Lubbock.
Why It Matters
This filing provides investors with crucial updates on the company's financial performance and operational status, impacting investment decisions.
Risk Assessment
Risk Level: low — This is a routine filing providing standard financial and operational updates.
Key Players & Entities
- SOUTH PLAINS FINANCIAL, INC. (company) — Registrant
- Texas (location) — State of incorporation
- Lubbock (location) — Principal executive offices city
- July 18, 2024 (date) — Date of earliest event reported
FAQ
What is the primary purpose of this 8-K filing for South Plains Financial, Inc.?
The primary purpose is to report on the company's Results of Operations and Financial Condition, as well as to provide Regulation FD Disclosures and report on Other Events.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on July 18, 2024.
Where are South Plains Financial, Inc.'s principal executive offices located?
South Plains Financial, Inc.'s principal executive offices are located at 5219 City Bank Parkway, Lubbock, Texas.
What is the Standard Industrial Classification (SIC) code for South Plains Financial, Inc.?
The Standard Industrial Classification (SIC) code for South Plains Financial, Inc. is 6022, which corresponds to State Commercial Banks.
What is the company's fiscal year end?
The company's fiscal year end is December 31 (1231).
Filing Stats: 746 words · 3 min read · ~2 pages · Grade level 8.8 · Accepted 2024-07-18 16:30:31
Key Financial Figures
- $1.00 — ich registered Common Stock, par value $1.00 per share SPFI The Nasdaq Stock Mar
- $0.14 — aration of a quarterly cash dividend of $0.14 per share on its outstanding common sto
Filing Documents
- ef20032642_8k.htm (8-K) — 33KB
- ef20032642_ex99-1.htm (EX-99.1) — 703KB
- ef20032642_ex99-2.htm (EX-99.2) — 54KB
- ef20032642_ex99-3.htm (EX-99.3) — 5KB
- ef20032642_ex99-2slide1.jpg (GRAPHIC) — 46KB
- ef20032642_ex99-2slide2.jpg (GRAPHIC) — 377KB
- ef20032642_ex99-2slide3.jpg (GRAPHIC) — 118KB
- ef20032642_ex99-2slide4.jpg (GRAPHIC) — 185KB
- ef20032642_ex99-2slide5.jpg (GRAPHIC) — 141KB
- ef20032642_ex99-2slide6.jpg (GRAPHIC) — 126KB
- ef20032642_ex99-2slide7.jpg (GRAPHIC) — 157KB
- ef20032642_ex99-2slide8.jpg (GRAPHIC) — 108KB
- ef20032642_ex99-2slide9.jpg (GRAPHIC) — 124KB
- ef20032642_ex99-2slide10.jpg (GRAPHIC) — 156KB
- ef20032642_ex99-2slide11.jpg (GRAPHIC) — 139KB
- ef20032642_ex99-2slide12.jpg (GRAPHIC) — 93KB
- ef20032642_ex99-2slide13.jpg (GRAPHIC) — 120KB
- ef20032642_ex99-2slide14.jpg (GRAPHIC) — 141KB
- ef20032642_ex99-2slide15.jpg (GRAPHIC) — 155KB
- ef20032642_ex99-2slide16.jpg (GRAPHIC) — 157KB
- ef20032642_ex99-2slide17.jpg (GRAPHIC) — 125KB
- ef20032642_ex99-2slide18.jpg (GRAPHIC) — 123KB
- ef20032642_ex99-2slide19.jpg (GRAPHIC) — 109KB
- ef20032642_ex99-2slide20.jpg (GRAPHIC) — 115KB
- ef20032642_ex99-2slide21.jpg (GRAPHIC) — 169KB
- ef20032642_ex99-2slide22.jpg (GRAPHIC) — 28KB
- ef20032642_ex99-2slide23.jpg (GRAPHIC) — 138KB
- ef20032642_ex99-2slide24.jpg (GRAPHIC) — 111KB
- image01.jpg (GRAPHIC) — 306KB
- image02.jpg (GRAPHIC) — 6KB
- 0001140361-24-033493.txt ( ) — 5899KB
- spfi-20240718.xsd (EX-101.SCH) — 4KB
- spfi-20240718_lab.xml (EX-101.LAB) — 22KB
- spfi-20240718_pre.xml (EX-101.PRE) — 16KB
- ef20032642_8k_htm.xml (XML) — 4KB
02
Item 2.02 Results of Operations and Financial Condition. On July 18, 2024, South Plains Financial, Inc. (the "Company") issued a press release announcing its financial results for the second quarter ended June 30, 2024 . A copy of the Company's press release covering such announcement and certain other matters is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
01
Item 7.01 Regulation FD Disclosure. On July 18, 2024 , officers of the Company will have a conference call with respect to the Company's financial results for the second quarter ended June 30, 2024 . An earnings release slide presentation highlighting the Company's financial results for the second quarter ended June 30, 2024 is furnished as Exhibit 99.2 to this Current Report on Form 8-K. This earnings release slide presentation will also be available on the Company's website, www.spfi.bank, under the "News & Events" section. In accordance with General Instruction B.2 of Form 8-K, the information in Items 2.02 and 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 and Exhibit 99.2 furnished herewith, shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section. The information in Items 2.02 and 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 and Exhibit 99.2 furnished herewith, shall not be incorporated by reference into any filing or other document pursuant to the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing or document.
01
Item 8.01 Other Events. On July 18, 2024, South Plains Financial, Inc. issued a press release announcing the declaration of a quarterly cash dividend of $0.14 per share on its outstanding common stock. The dividend will be paid on August 12, 2024 to shareholders of record as of the close of business on July 29, 2024. A copy of the press release is attached hereto as Exhibit 99.3 and is incorporated herein by reference.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release, dated July 18, 2024, announcing second quarter 2024 financial results of South Plains Financial, Inc. 99.2 Earnings release slide presentation, dated July 18, 2024. 99.3 Press release, dated July 18, 2024, announcing South Plains Financial, Inc. quarterly cash dividend. 104 Cover Page Interactive Data File (formatted as Inline XBRL).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SOUTH PLAINS FINANCIAL, INC. Date: July 18, 2024 By: /s/ Steven B. Crockett Steven B. Crockett Chief Financial Officer and Treasurer