South Plains Financial is a bank holding company. Through its subsidiary, City Bank (City Bank or the Bank), Co. provides a range of commercial and consumer financial services. Co.'s business activities include commercial and retail banking, along with insurance, investment, trust and mortgage services. Co.'s segments are: community banking, which includes City Bank, and insurance, which includes its subsidiary, Windmark Insurance Agency, Inc. The Bank is involved in real estate, commercial, agricultural and consumer lending activities with customers. Co. provides deposit products including demand deposits accounts, interest-bearing products, savings accounts and certificate of deposits. The SPFI YTD return is shown above.
The YTD Return on the SPFI YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether SPFI YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the SPFI YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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