South Plains Financial is a bank holding company. Through its wholly-owned banking subsidiary, City Bank, Co. provides a range of commercial and consumer financial services to small and medium-sized businesses and individuals in its market areas. Co.'s principal business activities include commercial and retail banking, along with insurance, investment, trust and mortgage services. Co. operates in the following markets: Lubbock/South Plains, Dallas, El Paso, Houston, Bryan/College Station, the Permian Basin, and Ruidoso/Eastern New Mexico. Co. provides a variety of deposit products including demand deposits accounts, interest-bearing products, savings accounts and certificate of deposits. The SPFI stock yearly return is shown above.
The yearly return on the SPFI stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2021 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the SPFI annual return calculation with any dividends reinvested as applicable (on ex-dates).
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