South Plains Financial Beat Consensus Estimates

South Plains Financial (SPFI) reported earnings of $0.72 per share on revenue of $70.55 million for the first quarter ended March 2025. The consensus earnings estimate was $0.65 per share on revenue of $48.55 million. The company beat consensus estimates by 10.77% while revenue grew 0.59% on a year-over-year basis.

South Plains Financial Inc. is the bank holding company for City Bank, a chartered bank. It provides commercial and consumer financial services to small and medium-sized businesses and individuals. The company's principal business activities include commercial and retail banking along with insurance, investment trust and mortgage services. South Plains Financial Inc. is headquartered in Lubbock, Texas.