LUBBOCK, Texas (AP) — LUBBOCK, Texas (AP) — South Plains Financial, Inc. (SPFI) on Monday reported net income of $15.3 million in its fourth quarter.
The Lubbock, Texas-based bank said it had earnings of 90 cents per share.
The company posted revenue of $74.4 million in the period. Its revenue net of interest expense was $53.9 million, topping Street forecasts.
For the year, the company reported profit of $58.5 million, or $3.44 per share. Revenue was reported as $211.9 million.
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