Earnings ·
South Plains Financial, Inc. reported second quarter 2026 net income of $19.0 million, up from $14.5 million in the…
SPFISouth Plains Financial, Inc.
South Plains Financial, Inc. reported second quarter 2026 net income of $19.0 million, up from $14.5 million in the first quarter of 2026. Diluted earnings per share rose to $0.96 from $0.85 in the prior quarter. The company's net interest margin was 4.00% on a tax-equivalent basis. Total deposits grew to $4.64 billion as of June 30, 2026, driven largely by the recent acquisition of BOH Holdings, Inc. The company also declared a quarterly cash dividend of $0.18 per share, a 6% increase from the previous quarter. South Plains Financial, Inc. is a bank holding company providing commercial and retail banking services.