South Plains Financial (SPFI) Set to Release Quarterly Earnings on Thursday

by · The Cerbat Gem

South Plains Financial (NASDAQ:SPFI – Get Free Report) is anticipated to release its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect the company to post earnings of $0.9930 per share and revenue of $65.22 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 22, 2026 at 5:00 PM ET.

South Plains Financial (NASDAQ:SPFI – Get Free Report) last released its earnings results on Friday, July 17th. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.94 by $0.02. The firm had revenue of $64.49 million for the quarter, compared to analyst estimates of $63.34 million. South Plains Financial had a net margin of 20.79% and a return on equity of 12.36%. On average, analysts expect South Plains Financial to post $3.77 EPS for the current fiscal year and $4.16 EPS for the next fiscal year.

South Plains Financial Stock Performance

NASDAQ SPFI opened at $43.10 on Tuesday. The firm’s 50 day simple moving average is $43.81 and its 200 day simple moving average is $42.90. The firm has a market capitalization of $812.00 million, a price-to-earnings ratio of 11.86 and a beta of 0.49. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.10. South Plains Financial has a 1 year low of $35.34 and a 1 year high of $46.94.

Insider Buying and Selling

In other South Plains Financial news, Director James D. Stein sold 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $44.54, for a total transaction of $4,454,000.00. Following the sale, the director directly owned 242,872 shares of the company’s stock, valued at $10,817,518.88. The trade was a 29.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Richard D. Campbell sold 132,714 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $44.75, for a total transaction of $5,938,951.50. Following the completion of the transaction, the director owned 1,412,255 shares of the company’s stock, valued at approximately $63,198,411.25. This trade represents a 8.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 260,000 shares of company stock valued at $11,624,642. 24.29% of the stock is owned by company insiders.

Analysts Set New Price Targets

SPFI has been the topic of several recent analyst reports. Benchmark reiterated a “buy” rating on shares of South Plains Financial in a research note on Monday, July 20th. Keefe, Bruyette & Woods restated an “outperform” rating and set a $50.00 price objective (up from $48.00) on shares of South Plains Financial in a research report on Monday, July 20th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of South Plains Financial in a research note on Friday, September 25th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $50.00 price objective on shares of South Plains Financial in a research note on Monday, July 20th. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $49.60.

Get Our Latest Analysis on South Plains Financial

About South Plains Financial

(Get Free Report)

South Plains Financial, Inc (NASDAQ:SPFI) is a bank holding company headquartered in Lubbock, Texas. Through its principal subsidiary, City Bank, the company provides banking and related financial services to individuals, businesses, agricultural customers and communities in Texas and New Mexico.

City Bank offers a range of products and services, including commercial and consumer lending, real estate loans, agricultural financing, deposit accounts, treasury management, online and mobile banking, mortgage lending, trust and wealth management, and insurance services.

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