Cory Newsom Biography and Net Worth

Director and President of South Plains Financial

Mr. Newsom was named President of the Company in 2019 and has served on the board of directors of the Company since 2008. From 2004 to 2019, he served in various roles at the Company, including Chief Operating Officer, Senior Vice President, and Executive Vice President. Mr. Newsom also served as Chief Operating Officer of the Bank from 1993 to 2007 before being named as President and Chief Executive Officer of the Bank in 2008, positions he continues to hold. He has also served on the board of directors of the Bank since 2002. Mr. Newsom began his career in banking in 1984 with the Bank and its predecessors by progressing through the retail and operations areas. He currently serves on the board of directors of IBAT, Lubbock Children’s Home Foundation, Texas Boys Ranch Foundation, and the University Medical Center Foundation and has previously served on the Board of Managers of University Medical Center in Lubbock. Mr. Newsom earned a Bachelor of Business degree in management from Texas Tech University in 1989 and holds licenses as a managing general agent and general lines agent with the Texas Department of Insurance. His many years of banking experience, and his long-standing business and banking relationships in our markets, qualify him to serve on our board.

What is Cory T. Newsom's net worth?: The estimated net worth of Cory T. Newsom is at least $10.38 million as of June 9th, 2023. Mr. Newsom owns 264,182 shares of South Plains Financial stock worth more than $10,377,069 as of December 4th. This net worth estimate does not reflect any other assets that Mr. Newsom may own. Additionally, Mr. Newsom receives an annual salary of $1,390,000.00 as Director and President at South Plains Financial. Learn More about Cory T. Newsom's net worth.
How old is Cory T. Newsom?: Mr. Newsom is currently 56 years old. There are 3 older executives and no younger executives at South Plains Financial. Learn More on Cory T. Newsom's age.
What is Cory T. Newsom's salary?: As the Director and President of South Plains Financial, Inc., Mr. Newsom earns $1,390,000.00 per year. Learn More on Cory T. Newsom's salary.
How do I contact Cory T. Newsom?: The corporate mailing address for Mr. Newsom and other South Plains Financial executives is 5219 CITY BANK PARKWAY, LUBBOCK TX, 79407. South Plains Financial can also be reached via phone at (806) 792-7101 and via email at [email protected]. Learn More on Cory T. Newsom's contact information.
Has Cory T. Newsom been buying or selling shares of South Plains Financial?: Cory T. Newsom has not been actively trading shares of South Plains Financial within the last three months. Most recently, on Friday, June 9th, Cory T. Newsom bought 335 shares of South Plains Financial stock. The stock was acquired at an average cost of $23.75 per share, with a total value of $7,956.25. Following the completion of the transaction, the president now directly owns 264,182 shares of the company's stock, valued at $6,274,322.50. Learn More on Cory T. Newsom's trading history.
Who are South Plains Financial's active insiders?: South Plains Financial's insider roster includes Richard Campbell (Director), Curtis Griffith (Chairman and Chief Executive Officer), Cory Newsom (Director and President), Noe Valles (Director), and Noe Valles (Director). Learn More on South Plains Financial's active insiders.
Are insiders buying or selling shares of South Plains Financial?: During the last year, South Plains Financial insiders bought shares 1 times. They purchased a total of 100,000 shares worth more than $3,300,000.00. During the last year, insiders at the sold shares 5 times. They sold a total of 102,061 shares worth more than $3,897,019.29. The most recent insider tranaction occured on September, 12th when Director Richard D Campbell sold 15,583 shares worth more than $617,398.46. Insiders at South Plains Financial own 24.6% of the company. Learn More about insider trades at South Plains Financial.
Information on this page was last updated on 9/12/2025.

Cory T. Newsom Insider Trading History at South Plains Financial

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
6/9/2023	Buy	335	$23.75	$7,956.25	264,182
6/7/2023	Buy	3,500	$23.53	$82,355.00	263,847
5/13/2019	Buy	5,500	$17.50	$96,250.00

Cory T. Newsom Buying and Selling Activity at South Plains Financial

South Plains Financial Company Overview

South Plains Financial, Inc. operates as a bank holding company for City Bank that provides commercial and consumer financial services to small and medium-sized businesses and individuals. The company operates through two segments, Banking and Insurance. It offers deposit products, including demand deposit accounts, interest-bearing products, savings accounts, and certificate of deposits. The company also provides commercial real estate loans; general and specialized commercial loans, including agricultural production and real estate, energy, finance, investment, and insurance loans, as well as loans to goods, services, restaurant and retail, construction, and other industries; residential construction loans; and 1-4 family residential loans, auto loans, and other loans for recreational vehicles or other purposes. In addition, it offers crop insurance products; trust products and services; investment services; mortgage banking services; online and mobile banking services; and debit and credit cards. The company was founded in 1941 and is headquartered in Lubbock, Texas.

Today's Range

Now: $39.28

$38.63

$39.50

50 Day Range

MA: $37.71

$35.93

$39.28

2 Week Range

Now: $39.28

$30.01

$42.38

Volume

84,992 shs

Average Volume

37,559 shs

Market Capitalization

$638.30 million

P/E Ratio

11.22

Dividend Yield

1.65%

Beta

0.61

Cory Newsom Biography and Net Worth

What is Cory T. Newsom's net worth?

How old is Cory T. Newsom?

What is Cory T. Newsom's salary?

How do I contact Cory T. Newsom?

Has Cory T. Newsom been buying or selling shares of South Plains Financial?

Who are South Plains Financial's active insiders?

Are insiders buying or selling shares of South Plains Financial?