South Plains Financial Files 8-K on Operations

Ticker: SPFI · Form: 8-K · Filed: Jan 24, 2025 · CIK: 1163668

South Plains Financial, Inc. 8-K Filing Summary
FieldDetail
CompanySouth Plains Financial, Inc. (SPFI)
Form Type8-K
Filed DateJan 24, 2025
Risk Levellow
Pages3
Reading Time3 min
Key Dollar Amounts$1.00, $0.15
Sentimentneutral

Sentiment: neutral

Topics: financial-results, operations, sec-filing

Related Tickers: SPFI

TL;DR

SPFI dropped an 8-K on Jan 23rd covering ops & financials. Check it.

AI Summary

On January 23, 2025, South Plains Financial, Inc. filed an 8-K report detailing 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 its principal executive offices are located in Lubbock.

Why It Matters

This 8-K filing provides crucial updates on South Plains Financial's operational and financial performance, which can impact investor decisions and market perception.

Risk Assessment

Risk Level: low — This filing is a standard 8-K reporting operational and financial information, not indicating any immediate or unusual risks.

Key Numbers

  • 20250123 — Report Date (Date of the earliest event reported)
  • 20250124 — Filing Date (Date the report was filed with the SEC)

Key Players & Entities

  • SOUTH PLAINS FINANCIAL, INC. (company) — Registrant
  • Texas (location) — State of incorporation
  • Lubbock (location) — City of principal executive offices

FAQ

What specific financial results are detailed in this 8-K filing?

The filing indicates it covers 'Results of Operations and Financial Condition' but does not provide specific figures within the provided text.

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 other events.

When was the earliest event reported in this filing?

The earliest event reported was on January 23, 2025.

Where are South Plains Financial, Inc.'s principal executive offices located?

The principal executive offices are located at 5219 City Bank Parkway, Lubbock, Texas.

What is the SIC code for South Plains Financial, Inc.?

The Standard Industrial Classification (SIC) code is 6022 for State Commercial Banks.

Filing Stats: 750 words · 3 min read · ~3 pages · Grade level 9 · Accepted 2025-01-24 09:00:34

Key Financial Figures

  • $1.00 — ich registered Common Stock, par value $1.00 per share SPFI NASDAQ Indicate by
  • $0.15 — aration of a quarterly cash dividend of $0.15 per share on its outstanding common sto

Filing Documents

02

Item 2.02 Results of Operations and Financial Condition. On January 24, 2025, South Plains Financial, Inc. (the "Company") issued a press release announcing its financial results for the fourth quarter and year ended December 31, 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 January 24, 2025 , officers of the Company will have a conference call with respect to the Company's financial results for the fourth quarter and year ended December 31, 2024 . An earnings release slide presentation highlighting the Company's financial results for the fourth quarter and year ended December 31, 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 January 23, 2025, South Plains Financial, Inc. issued a press release announcing the declaration of a quarterly cash dividend of $0.15 per share on its outstanding common stock. The dividend will be paid on February 18, 2025 to shareholders of record as of the close of business on February 3, 2025. 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 January 24, 2025, announcing fourth quarter and year-end 2024 financial results of South Plains Financial, Inc. 99.2 Earnings release slide presentation, dated January 24, 2025. 99.3 Press release, dated January 23, 2025, 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: January 24, 2025 By: /s/ Steven B. Crockett Steven B. Crockett Chief Financial Officer and Treasurer

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