SOUTH PLAINS FINANCIAL, INC. (SPFI) Form 8-K — Jul 17, 2026
South Plains Financial reported second quarter 2026 net income of $19.0 million, or $0.96 per diluted share, compared to $14.5 million and $0.85 per share in the prior quarter. The increase was primarily driven by the recently completed merger of BOH Holdings and Bank of Houston, which contributed approximately $667 million in interest-earning assets to the balance sheet. Total loans held for investment grew to $3.77 billion, while deposits increased to $4.64 billion. The net interest margin was 4.00%, and the ratio of nonperforming assets to total assets was 0.19%, reflecting stable credit quality despite integration efforts.
Key figures
- Eps
- 0.96
- Net Income
- 19000000
- Shares Outstanding
- 18839105
- Total loans
- $3.77 billion
- Total deposits
- $4.64 billion
- Dividend per share
- $0.18
- Net interest margin
- 4.00%
- Nonperforming assets to total assets
- 0.19%
Price after filing
Close on the filing date to close N calendar days later (from $42.76). Historical, not a forecast.
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