Earnings ·
Reports Q3 net income of $20.8 million and declares quarterly dividend of $0.19 per share
SPFISouth Plains Financial, Inc.
South Plains Financial reported third-quarter 2026 net income of $20.8 million, or diluted EPS of $1.06, up from $19.0 million in the prior quarter. Net interest margin held steady at 4.00%, while total loans grew to $3.83 billion and deposits reached $4.66 billion following the integration of the BOH Holdings acquisition. The company also announced a quarterly cash dividend increase to $0.19 per share, payable November 16, 2026, with a record date of November 2, 2026. South Plains Financial is the bank holding company for City Bank, providing commercial and consumer financial services in Texas.