The earnings call highlighted strong deposit growth, improved credit quality, and a robust capital position, along with strategic dividend and stock repurchase actions. However, challenges such as decreased non-interest income, elevated loan payoffs, and uncertainties in M&A activity presented notable concerns. The sentiment is balanced by the bank's optimism about its strategic positioning and future growth opportunities.

Company Guidance -

Q2 2025

During the South Plains Financial First Quarter 2025 Earnings Conference Call, the company provided a detailed financial overview and guidance for future operations. The call highlighted a strong performance in the first quarter, with deposit growth and loan expansion aligning with expectations. The nonperforming assets total assets ratio improved significantly to 16 basis points from 58 basis points at the end of 2024. The consolidated common equity tier one risk-based capital ratio stood at 13.59%, and the tier one leverage ratio at 12.04%. South Plains Financial announced a 15¢ per share quarterly dividend, marking the twenty-fourth consecutive payment. The company's stock repurchase program authorized a $15 million buyback, with $8.3 million spent on repurchasing 250,000 shares in the first quarter, leaving $7 million in capacity. Loan portfolio yield was 6.67%, and net interest margin increased to 3.81% from 3.75% in the previous quarter. Non-interest income was $10.6 million, representing 22% of bank revenues, a slight decrease from 26% in the prior quarter. The allowance for credit losses to total loans held for investment was 1.40%, with the bank well-capitalized, maintaining a tangible common equity to tangible assets ratio of 9.64%. Looking forward, the bank anticipates moderate loan growth but maintains a cautious outlook due to economic uncertainties and potential impacts from recent tariff announcements.

Solid Deposit Growth and Margin Expansion

South Plains Financial reported strong deposit growth and healthy margin expansion due to improved cost of funds and loan growth in line with expectations.

Improvement in Credit Quality

The credit quality of the loan portfolio strengthened, with the nonperforming assets to total assets ratio improving to 16 basis points from 58 basis points at year-end 2024.

Strong Capital Position

The bank's consolidated common equity tier one risk-based capital ratio was 13.59% and the tier one leverage ratio was 12.04%, indicating a strong capital position to support growth and opportunities.

Dividend and Stock Repurchase Program

The board authorized a 15¢ per share quarterly dividend and a $15,000,000 stock repurchase program, with $8,300,000 spent to repurchase 250,000 shares in the first quarter.

Significant Loan Growth in Permian Market

The bank experienced significant loan growth in the Permian market, the strongest since entering the market in 2019, attributed to attracting high-quality customer relationships.

Tangible Book Value Increase

Tangible book value per share increased to $26.05 from $25.40, driven by net income and an increase in accumulated other comprehensive income.

SLM (SLM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SLM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 24, 2025	2025 (Q2)	0.53 / -	1.11	―	―	―
Apr 24, 2025	2025 (Q1)	1.19 / 1.40	1.27	10.24% (+0.13)
Jan 23, 2025	2024 (Q4)	0.55 / 0.50	0.72	-30.56% (-0.22)
Oct 23, 2024	2024 (Q3)	0.07 / -0.23	0.11	-309.09% (-0.34)
Jul 24, 2024	2024 (Q2)	0.72 / 1.11	1.1	0.91% (+0.01)
Apr 24, 2024	2024 (Q1)	1.07 / 1.27	0.47	170.21% (+0.80)
Jan 24, 2024	2023 (Q4)	0.88 / 0.72	-0.33	318.18% (+1.05)
Oct 25, 2023	2023 (Q3)	0.35 / 0.11	0.29	-62.07% (-0.18)
Jul 26, 2023	2023 (Q2)	1.16 / 1.10	1.29	-14.73% (-0.19)
Apr 26, 2023	2023 (Q1)	0.35 / 0.47	0.46	2.17% (<+0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SLM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 24, 2025	$28.03	$27.64	-1.39%
Jan 23, 2025	$29.05	$28.76	-1.00%
Oct 23, 2024	$22.50	$21.91	-2.62%
Jul 24, 2024	$23.20	$22.58	-2.67%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does SLM (SLM) report earnings?

SLM (SLM) is schdueled to report earning on Jul 24, 2025, After Close (Confirmed).

What is SLM (SLM) earnings time?

SLM (SLM) earnings time is at Jul 24, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SLM EPS forecast?

SLM EPS forecast for the fiscal quarter 2025 (Q2) is 0.53.

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