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Reported July 17, 2026 · Before market open

Revenue$64.5MBeat by $1.2M
EPS$0.96Beat by $0.02
Revenue estimate$63.3M
EPS estimate$0.94
We delivered a strong second quarter highlighted by solid profitability, stable credit quality and the successful integration of Bank of Houston, which has strengthened our position in Houston, one of Texas' most attractive banking markets. As I prepare to retire as Chief Executive Officer at year-end, I am incredibly proud of what our employees have accomplished and the Company we have built together over the past four decades. The Bank is in a position of strength, and our leadership transition reflects years of thoughtful planning designed to ensure continuity for our customers, employees and shareholders. I remain highly confident in South Plains' future and believe Cory is the right leader to guide the organization as we continue to grow earnings, deepen customer relationships and build on the culture that has been central to our success. I look forward to continuing to serve as Chairman of South Plains and City Bank as Cory and our talented leadership team build on our momentum and execute the next phase of our growth strategy.
Curtis Griffith

Next report

Oct 22, 2026 (in a month)
Revenue estimate$65.2M
EPS estimate$0.97

Financials

Q2 2026

Income statement

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Revenue$64.5M+18.0%
Net income$19.0M+30.0%
EPS (diluted)$0.96+11.6%

Balance sheet

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Cash & equivalents$787.8M+67.4%
Total equity$629.8M+38.7%
Total assets$5.4B+23.5%

Cash flow

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Operating cash flow$27.9M+89.0%
CapEx$1.0M-40.0%
Free cash flow$26.8M+106%

Valuation & ratios

Valuation

as of 09/16/26
See full
Market cap$836.27M+31.1%
P/E12.8×+1.2×
P/S3.7×+0.6×

Profitability

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Net margin28.7%+1.9pp
FCF margin33.3%+4.7pp

Returns & leverage

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Return on equity12%-0.5pp

FAQ

When did South Plains Financial, Inc. report Q2 2026 earnings?
South Plains Financial, Inc. (SPFI) reported Q2 2026 earnings on July 17, 2026 before market open.
What were South Plains Financial, Inc.'s Q2 2026 revenue and EPS?
South Plains Financial, Inc. reported revenue of $64.5M and eps of $0.96 for Q2 2026.
Did South Plains Financial, Inc. beat estimates in Q2 2026?
Revenue beat the consensus estimate of $63.3M by $1.2M. EPS beat the consensus estimate of $0.94 by $0.02.
How did South Plains Financial, Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 18.0% from $54.7M a year earlier and eps grew 11.6% from $0.86.
Where can I find South Plains Financial, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001140361-26-028765) and the 10-Q periodic report (0001140361-26-031701) directly on SEC EDGAR. The filing index links above go to sec.gov.