Risk factors
South Plains Financial (SPFI) risk factors
Item 1A of every South Plains Financial, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors63 risks2 reworded
Concentration risk increased as the top 20 loan commitments grew from 19.4% to 21.0% of outstanding totals. Shareholder litigation venue requirements were updated to add the new Ninth Business Court Division of Texas.
Filed Mar 05, 2026 - FY2024 10-K risk factors63 risks
South Plains Financial is highly concentrated in commercial and real estate lending across Texas and New Mexico.
Filed Mar 07, 2025