South Plains Financial (SPFI) Expected to Announce Quarterly Earnings on Thursday

South Plains Financial (NASDAQ:SPFI - Get Free Report) is expected to be announcing its Q2 2025 earnings results after the market closes on Thursday, July 17th. Analysts expect the company to announce earnings of $0.79 per share and revenue of $52.24 million for the quarter.

South Plains Financial (NASDAQ:SPFI - Get Free Report) last posted its earnings results on Thursday, April 24th. The company reported $0.72 earnings per share for the quarter, beating analysts' consensus estimates of $0.65 by $0.07. South Plains Financial had a return on equity of 11.73% and a net margin of 17.67%. The company had revenue of $49.15 million for the quarter, compared to analyst estimates of $48.93 million. During the same quarter last year, the company earned $0.64 earnings per share. On average, analysts expect South Plains Financial to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

South Plains Financial Stock Down 2.4%

Shares of SPFI stock traded down $0.90 during trading hours on Friday, reaching $36.50. The company had a trading volume of 69,715 shares, compared to its average volume of 38,533. South Plains Financial has a 12 month low of $29.36 and a 12 month high of $40.91. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.94 and a quick ratio of 0.93. The business has a fifty day simple moving average of $35.84 and a 200-day simple moving average of $34.58. The company has a market cap of $592.32 million, a price-to-earnings ratio of 12.17 and a beta of 0.68.

South Plains Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 12th. Shareholders of record on Monday, April 28th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date of this dividend was Monday, April 28th. South Plains Financial's dividend payout ratio is currently 20.00%.

Analyst Ratings Changes

Separately, Raymond James Financial decreased their target price on South Plains Financial from $39.00 to $38.00 and set an "outperform" rating for the company in a research report on Friday, April 25th.

Institutional Trading of South Plains Financial

A number of large investors have recently bought and sold shares of the company. Empowered Funds LLC increased its position in South Plains Financial by 0.4% in the first quarter. Empowered Funds LLC now owns 89,245 shares of the company's stock worth $2,956,000 after buying an additional 398 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of South Plains Financial in the first quarter valued at $315,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of South Plains Financial by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,066 shares of the company's stock valued at $234,000 after purchasing an additional 312 shares in the last quarter. 54.95% of the stock is owned by hedge funds and other institutional investors.

About South Plains Financial

South Plains Financial, Inc operates as a bank holding company for City Bank that provides commercial and consumer financial services to small and medium-sized businesses and individuals. The company operates through two segments, Banking and Insurance. It offers deposit products, including demand deposit accounts, interest-bearing products, savings accounts, and certificate of deposits.