South Plains Financial, Inc.

NasdaqGS:SPFI Stock Report

Market Cap: US$429.2m

South Plains Financial Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Curtis Griffith

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage34.7%
CEO tenure52.3yrs
CEO ownership12.2%
Management average tenure10.3yrs
Board average tenure10.8yrs

Recent management updates

Recent updates

South Plains Financial (NASDAQ:SPFI) Is Increasing Its Dividend To $0.13

Apr 25
South Plains Financial (NASDAQ:SPFI) Is Increasing Its Dividend To $0.13

South Plains Financial's (NASDAQ:SPFI) Shareholders Will Receive A Bigger Dividend Than Last Year

Jan 24
South Plains Financial's (NASDAQ:SPFI) Shareholders Will Receive A Bigger Dividend Than Last Year

South Plains Financial declares $0.12 dividend

Oct 20

South Plains Financial's (NASDAQ:SPFI) Dividend Will Be Increased To $0.12

Jul 26
South Plains Financial's (NASDAQ:SPFI) Dividend Will Be Increased To $0.12

South Plains Financial raises dividend by 9% to $0.12/share

Jul 21

South Plains Financial's (NASDAQ:SPFI) Dividend Will Be Increased To US$0.11

Jan 24
South Plains Financial's (NASDAQ:SPFI) Dividend Will Be Increased To US$0.11

South Plains Financial (NASDAQ:SPFI) Will Pay A Larger Dividend Than Last Year At US$0.09

Jul 26
South Plains Financial (NASDAQ:SPFI) Will Pay A Larger Dividend Than Last Year At US$0.09

South Plains Financial EPS beats by $0.13, beats on revenue

Apr 27

Could The South Plains Financial, Inc. (NASDAQ:SPFI) Ownership Structure Tell Us Something Useful?

Mar 01
Could The South Plains Financial, Inc. (NASDAQ:SPFI) Ownership Structure Tell Us Something Useful?

South Plains Financial, Inc. 2020 Q4 - Results - Earnings Call Presentation

Feb 01

Be Sure To Check Out South Plains Financial, Inc. (NASDAQ:SPFI) Before It Goes Ex-Dividend

Jan 25
Be Sure To Check Out South Plains Financial, Inc. (NASDAQ:SPFI) Before It Goes Ex-Dividend

Could South Plains Financial, Inc. (NASDAQ:SPFI) Have The Makings Of Another Dividend Aristocrat?

Dec 29
Could South Plains Financial, Inc. (NASDAQ:SPFI) Have The Makings Of Another Dividend Aristocrat?

South Plains Financial resumes share repurchase program

Nov 02

CEO Compensation Analysis

How has Curtis Griffith's remuneration changed compared to South Plains Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$1mUS$400k

US$63m

Sep 30 2023n/an/a

US$65m

Jun 30 2023n/an/a

US$67m

Mar 31 2023n/an/a

US$53m

Dec 31 2022US$1mUS$400k

US$58m

Sep 30 2022n/an/a

US$60m

Jun 30 2022n/an/a

US$60m

Mar 31 2022n/an/a

US$58m

Dec 31 2021US$1mUS$400k

US$59m

Sep 30 2021n/an/a

US$60m

Jun 30 2021n/an/a

US$61m

Mar 31 2021n/an/a

US$53m

Dec 31 2020US$922kUS$361k

US$45m

Sep 30 2020n/an/a

US$40m

Jun 30 2020n/an/a

US$31m

Mar 31 2020n/an/a

US$32m

Dec 31 2019US$845kUS$366k

US$29m

Sep 30 2019n/an/a

US$25m

Jun 30 2019n/an/a

US$22m

Mar 31 2019n/an/a

US$29m

Dec 31 2018US$511kUS$403k

US$29m

Compensation vs Market: Curtis's total compensation ($USD1.15M) is below average for companies of similar size in the US market ($USD2.37M).

Compensation vs Earnings: Curtis's compensation has been consistent with company performance over the past year.


CEO

Curtis Griffith (70 yo)

52.3yrs

Tenure

US$1,153,312

Compensation

Mr. Curtis C. Griffith has been the Chairman of South Plains Financial, Inc. since 1993 and serves as its Chief executive Officer. Mr. Griffith served as President of South Plains Financial, Inc. Mr. Griff...


Leadership Team

NamePositionTenureCompensationOwnership
Curtis Griffith
Chairman & CEOno dataUS$1.15m12.15%
$ 52.2m
Cory Newsom
President & Director5.3yrsUS$1.86m1.68%
$ 7.2m
Steven Crockett
CFO & Treasurer9.3yrsUS$900.45k0.44%
$ 1.9m
Mikella Newsom
Chief Risk Officer & Secretary11.3yrsno data0.29%
$ 1.2m
Kelly Deterding
President of Windmark Insurance & Senior VP of Insurance Development of City Bank21.3yrsUS$642.35k0%
$ 0

10.3yrs

Average Tenure

55yo

Average Age

Experienced Management: SPFI's management team is seasoned and experienced (10.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Curtis Griffith
Chairman & CEO52.3yrsUS$1.15m12.15%
$ 52.2m
Cory Newsom
President & Director16.3yrsUS$1.86m1.68%
$ 7.2m
Richard Campbell
Lead Independent Director13.3yrsUS$132.91k0.29%
$ 1.3m
Noe Valles
Independent Director5.3yrsUS$108.82k1.49%
$ 6.4m
Kyle Wargo
Independent Director8.3yrsUS$117.94k0.072%
$ 311.1k
LaDana Washburn
Independent Director1.3yrsUS$69.61kno data

10.8yrs

Average Tenure

59.5yo

Average Age

Experienced Board: SPFI's board of directors are seasoned and experienced ( 10.8 years average tenure).


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