South Plains Financial Inc SPFI

South Plains Financial Inc (SPFI) reports robust earnings growth and strategic expansion, despite facing headwinds from elevated loan payoffs and increased deposit costs.

Moby summary of South Plains Financial, Inc.'s Q2 2026 earnings call

South Plains Financial, Inc. (NASDAQ:SPFI) reported second-quarter results on Friday that came in ahead of Wall Street expectations, supported by stronger revenue growth and contributions from its recent acquisition.

LUBBOCK, Texas, July 17, 2026 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today reported its financial results for the quarter ended June 30, 2026. Second Quarter 2026 Highlights Net income for the second quarter of 2026 was $19.0 million, compared to $14.5 million for the first quarter of 2026 and $14.6 million for the second quarter of 2025.Diluted earnings per share for the secon

LUBBOCK, Texas, July 16, 2026 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains”), the parent company of City Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share of common stock, a 6% increase from the most recent quarterly cash dividend declared in April 2026. The dividend is payable on August 10, 2026 to shareholders of record as of the close of business on July 27, 2026. About South Plains Financial, Inc.South

~ Curtis Griffith to Retire as Chief Executive Officer, Continue as Chairman of the Board ~ ~ Cory Newsom Appointed Chief Executive Officer Effective December 31, 2026 ~ LUBBOCK, Texas, June 17, 2026 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank (“City Bank” or the “Bank”), today announced the upcoming retirement of Curtis Griffith, Chairman and Chief Executive Officer, to be effective December 31, 2026. Mr. Grif

Over the last 7 days, the United States market has experienced a slight decline of 1.0%, yet it remains robust with a 23% increase over the past year and an anticipated annual earnings growth of 17%. In this dynamic environment, identifying stocks that are not only resilient but also poised for growth can be key to uncovering hidden opportunities in the market.

South Plains Financial Inc (SPFI) reports strong deposit growth and steady net interest margin amidst economic headwinds and acquisition-related expenses.