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

Key Points

• South Plains Financial is expected to report Q3 2026 results before market open on October 22. Analysts forecast earnings of $0.993 per share and revenue of $65.22 million; the earnings call is scheduled for 5:00 p.m. ET.
• The company beat consensus estimates in its prior quarter, reporting $0.96 EPS versus $0.94 expected and $64.49 million in revenue versus $63.34 million expected. Analysts project full-year EPS of $3.77 and next-year EPS of $4.16.
• Investor sentiment remains generally positive, with six analysts rating the stock Buy and one Hold, producing a “Moderate Buy” consensus and an average price target of $49.60. However, insiders sold 260,000 shares worth approximately $11.6 million over the past three months.

South Plains Financial (NASDAQ:SPFI - Get Free Report) is projected to post its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect South Plains Financial to post earnings of $0.9930 per share and revenue of $65.22 million for the quarter. Individuals are encouraged to explore the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 22, 2026 at 5:00 PM ET.

South Plains Financial (NASDAQ:SPFI - Get Free Report) last released its earnings results on Friday, July 17th. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.94 by $0.02. South Plains Financial had a return on equity of 12.36% and a net margin of 20.79%. The business had revenue of $64.49 million for the quarter, compared to the consensus estimate of $63.34 million. On average, analysts expect South Plains Financial to post $3.77 EPS for the current fiscal year and $4.16 EPS for the next fiscal year.

South Plains Financial Stock Performance

SPFI opened at $42.54 on Thursday. The business's 50-day simple moving average is $43.90 and its 200 day simple moving average is $42.87. South Plains Financial has a 52-week low of $35.34 and a 52-week high of $46.94. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.96 and a current ratio of 0.97. The firm has a market capitalization of $801.45 million, a PE ratio of 11.64 and a beta of 0.49.

Insider Activity

In related news, Director James D. Stein sold 100,000 shares of South Plains Financial stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $44.54, for a total transaction of $4,454,000.00. Following the completion of the sale, the director owned 242,872 shares of the company's stock, valued at approximately $10,817,518.88. The trade was a 29.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Richard D. Campbell sold 132,714 shares of South Plains Financial stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $44.75, for a total transaction of $5,938,951.50. Following the sale, the director directly owned 1,412,255 shares of the company's stock, valued at $63,198,411.25. The trade was a 8.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 260,000 shares of company stock worth $11,624,642 over the last three months. Insiders own 24.29% of the company's stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Weiss Ratings reaffirmed a "buy (b+)" rating on shares of South Plains Financial in a research report on Friday, September 25th. Keefe, Bruyette & Woods reissued an "outperform" rating and set a $50.00 target price (up from $48.00) on shares of South Plains Financial in a report on Monday, July 20th. Raymond James Financial reissued an "outperform" rating and set a $50.00 target price on shares of South Plains Financial in a report on Monday, July 20th. Finally, Benchmark restated a "buy" rating on shares of South Plains Financial in a research note on Monday, July 20th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $49.60.

South Plains Financial Company Profile

South Plains Financial, Inc NASDAQ: SPFI is a bank holding company headquartered in Lubbock, Texas. Through its principal subsidiary, City Bank, the company provides banking and related financial services to individuals, businesses, agricultural customers and communities in Texas and New Mexico.

City Bank offers a range of products and services, including commercial and consumer lending, real estate loans, agricultural financing, deposit accounts, treasury management, online and mobile banking, mortgage lending, trust and wealth management, and insurance services.

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