Every 10-Q that South Plains Financial, Inc. (SPFI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SPFI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SPFI filings page.
South Plains Financial, Inc. reported higher results for the three and six months ended June 30, 2026 and expanded through an acquisition. Q2 2026 net income was $18,992 thousand, up from $14,605 thousand, with diluted EPS of $0.96 versus $0.86. For the first half of 2026, net income was $33,537 thousand compared with $26,899 thousand and diluted EPS $1.82 versus $1.58.
Total assets reached $5,391,206 thousand (dollars in thousands) and loans held for investment $3,771,434 thousand, while deposits were $4,640,626 thousand as of June 30, 2026. On April 1, 2026 the company completed the BOH Holdings, Inc. acquisition, issuing 2,803,535 shares for total consideration of $118,068 thousand and recording preliminary goodwill of $47,277 thousand. Regulatory capital remained strong, with a consolidated Common Equity Tier 1 ratio of 14.11% and Tier 1 leverage ratio of 12.21%, and both the company and City Bank were classified as “well capitalized.”
South Plains Financial, Inc. reported higher profitability for the three months ended March 31, 2026. Net income rose to $14.5 million from $12.3 million a year earlier, with diluted EPS increasing to $0.85 from $0.72.
Total assets reached $4.65 billion, up from $4.48 billion at year-end 2025, driven by higher cash and securities. Loans held for investment were $3.10 billion, slightly down from $3.14 billion, while deposits increased to $4.03 billion from $3.87 billion.
Net interest income improved to $42.9 million from $38.5 million, and noninterest income also grew modestly. Credit quality remained supported by an allowance for credit losses on loans of $44.8 million. Capital ratios stayed well above Basel III “well-capitalized” levels, with the consolidated total risk-based capital ratio at 17.61%.
South Plains Financial (SPFI) reported stronger Q3 2025 results. Net income rose to $16.3 million from $11.2 million a year ago, with diluted EPS of $0.96 versus $0.66. Net interest income improved to $43.0 million as interest expense fell to $21.5 million. Provision for credit losses was $0.5 million.
Total assets reached $4.48 billion and deposits were $3.88 billion. Cash and cash equivalents increased to $635.0 million. Loans held for investment were $3.05 billion, and the allowance for credit losses was $44.1 million, or 1.45% of loans. Stockholders’ equity rose to $477.8 million. The company redeemed $50.0 million of subordinated notes on September 30, 2025, leaving $14.1 million outstanding.
Capital remained robust, with consolidated CET1 at 14.41% and Tier 1 leverage at 12.37%. For the first nine months, net income was $43.2 million versus $33.2 million last year, reflecting steadier net interest performance and controlled noninterest expenses.