South Plains Financial: Q4 Earnings Snapshot

LUBBOCK, Texas (AP) — LUBBOCK, Texas (AP) — South Plains Financial, Inc. (SPFI) on Friday reported net income of $16.5 million in its fourth quarter.

The bank, based in Lubbock, Texas, said it had earnings of 96 cents per share.

The company posted revenue of $74.6 million in the period. Its revenue net of interest expense was $51.9 million, exceeding Street forecasts.

For the year, the company reported profit of $49.7 million, or $2.92 per share. Revenue was reported as $195.2 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPFI at https://www.zacks.com/ap/SPFI

Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up