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News  ›  Benzinga

South Plains Financial, Inc. Deepens its Commitment to the Houston Market with the Acquisition of BOH Holdings, Inc.

Benzinga Logo Benzinga By Globe Newswire
South Plains Financial, Inc. Deepens its Commitment to the Houston Market with the Acquisition of BOH Holdings, Inc.

South Plains Financial announced an all-stock acquisition of BOH Holdings for $105.9 million, strengthening its presence in the Houston market and creating a combined entity with approximately $5.4 billion in assets.

Insights
SPFI   positive

Expanding market presence, expected 11% earnings per share accretion, strategic growth in Houston market