South Plains Financial (SPFI) Projected to Release Earnings on Wednesday

South Plains Financial (NASDAQ:SPFI) is expected to be issuing its Q2 2026 results before the market opens on Wednesday, July 15th. Analysts expect the company to announce earnings of $0.94 per share and revenue of $63.3370 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Friday, July 17, 2026 at 8:30 AM ET.

South Plains Financial (NASDAQ:SPFI) last posted its earnings results on Tuesday, April 28th. The company reported $0.85 EPS for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.03). The business had revenue of $54.15 million for the quarter, compared to analyst estimates of $54.08 million. South Plains Financial had a net margin of 20.22% and a return on equity of 12.58%. On average, analysts expect South Plains Financial to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

South Plains Financial Stock Performance

NASDAQ SPFI opened at $42.71 on Wednesday. The stock has a market capitalization of $817.90 million, a price-to-earnings ratio of 11.96 and a beta of 0.46. The stock has a 50-day moving average of $41.22 and a 200 day moving average of $41.42. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.12. South Plains Financial has a twelve month low of $35.34 and a twelve month high of $45.09.

South Plains Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, April 27th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, April 27th. South Plains Financial’s dividend payout ratio is presently 19.05%.

Insider Transactions at South Plains Financial

In other news, Director James D. Stein sold 1,560 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $40.07, for a total transaction of $62,509.20. Following the completion of the sale, the director owned 342,872 shares of the company’s stock, valued at $13,738,881.04. This represents a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last 90 days, insiders have sold 30,000 shares of company stock worth $1,204,340. Insiders own 24.29% of the company’s stock.

Institutional Trading of South Plains Financial

Several large investors have recently bought and sold shares of SPFI. Raymond James Financial Inc. acquired a new stake in South Plains Financial in the 2nd quarter valued at about $32,000. Quarry LP purchased a new position in South Plains Financial in the 3rd quarter worth approximately $60,000. BNP Paribas Financial Markets boosted its holdings in shares of South Plains Financial by 11.0% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,594 shares of the company’s stock worth $93,000 after purchasing an additional 258 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of South Plains Financial in the second quarter valued at approximately $106,000. Finally, Tower Research Capital LLC TRC grew its position in shares of South Plains Financial by 595.6% in the second quarter. Tower Research Capital LLC TRC now owns 3,353 shares of the company’s stock valued at $121,000 after purchasing an additional 2,871 shares in the last quarter. Hedge funds and other institutional investors own 54.95% of the company’s stock.

Wall Street Analyst Weigh In

SPFI has been the topic of a number of recent analyst reports. Piper Sandler decreased their target price on South Plains Financial from $48.00 to $46.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Zacks Research cut shares of South Plains Financial from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 27th. Wall Street Zen raised shares of South Plains Financial from a “sell” rating to a “hold” rating in a report on Sunday, May 10th. Weiss Ratings upgraded shares of South Plains Financial from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, June 29th. Finally, Benchmark began coverage on shares of South Plains Financial in a research note on Wednesday, June 24th. They set a “buy” rating and a $53.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $47.60.

About South Plains Financial

South Plains Financial, Inc is the bank holding company for South Plains Bank, a community-oriented financial institution headquartered in Lubbock, Texas. The company operates as a full-service commercial bank, providing a broad spectrum of banking solutions to individuals, small businesses and agricultural clients. Its principal subsidiary, South Plains Bank, holds state and national banking charters and is subject to regulatory oversight by the Federal Reserve and various state banking authorities.

The company’s product offerings include traditional deposit accounts such as checking, savings and money market accounts, as well as time deposits.