The earnings call highlighted several positive aspects, such as loan growth, improved loan yields, increased noninterest income, and a strong capital position. However, these positives were balanced by challenges like high loan payoffs, a decline in metro loan balances, and increased provisions for credit losses. The sentiment is balanced as strong financial performance is offset by these challenges.

Company Guidance -

Q3 2025

During the South Plains Financial Second Quarter 2025 Earnings Conference Call, the company provided guidance indicating robust financial health and strategic growth plans. The bank achieved a net interest margin of 4.07% in Q2, with net interest income increasing to $42.5 million from $38.5 million in the previous quarter. Loan yields grew to 6.99%, driven partly by a $1.7 million interest recovery, though excluding this, the yield was 6.76%. The bank's consolidated common equity Tier 1 risk-based capital ratio stood at 13.86%, and the Tier 1 leverage ratio was 12.12%, signaling strong capitalization. Noninterest income rose to $12.2 million, fueled by mortgage banking revenues. South Plains continues to focus on organic growth, expanding lending capabilities, and exploring M&A opportunities, while maintaining liquidity through community-based deposits, which account for a stable funding source. Despite headwinds from loan payoffs, they anticipate loan growth to be flat to low single digits in Q3, with new hires poised to drive future growth.

Loan Growth Achieved

Loans held for investment increased by $23.1 million or 3% annualized to $3.1 billion in the second quarter.

Improved Loan Yield

Yield on loans was 6.99% in the second quarter, compared to 6.67% in the previous quarter, boosted by a 23 basis point increase due to a one-time interest recovery.

Noninterest Income Increase

Noninterest income was $12.2 million in the second quarter, up from $10.6 million in the previous quarter, primarily due to a $1.5 million increase in mortgage banking revenues.

Net Interest Margin Improvement

Net interest margin increased to 4.07% in the second quarter, compared to 3.81% in the previous quarter, aided by a one-time interest recovery.

Deposit Growth

Noninterest-bearing deposits increased by $32.3 million, contributing to an improved deposit mix and a decline in deposit costs.

Strong Capital Position

Common equity Tier 1 risk-based capital ratio was 13.86%, and the Tier 1 leverage ratio was 12.12%, indicating a strong capital foundation.

South Plains Financial (SPFI) 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 >

SPFI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 28, 2025	2025 (Q3)	0.85 / -	0.66	―	―	―
Jul 16, 2025	2025 (Q2)	0.77 / 0.86	0.66	30.30% (+0.20)
Apr 24, 2025	2025 (Q1)	0.67 / 0.72	0.64	12.50% (+0.08)
Jan 24, 2025	2024 (Q4)	0.68 / 0.96	0.61	57.38% (+0.35)
Oct 23, 2024	2024 (Q3)	0.66 / 0.66	0.78	-15.38% (-0.12)
Jul 18, 2024	2024 (Q2)	0.58 / 0.66	1.71	-61.40% (-1.05)
Apr 25, 2024	2024 (Q1)	0.57 / 0.64	0.53	20.75% (+0.11)
Jan 26, 2024	2023 (Q4)	0.64 / 0.61	0.71	-14.08% (-0.10)
Oct 24, 2023	2023 (Q3)	0.64 / 0.78	0.86	-9.30% (-0.08)
Jul 25, 2023	2023 (Q2)	0.60 / 1.71	0.88	94.32% (+0.83)

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

SPFI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 16, 2025	$36.76	―	―
Apr 24, 2025	$33.09	$33.57	+1.45%
Jan 24, 2025	$34.58	$36.43	+5.35%
Oct 23, 2024	$33.58	$33.36	-0.66%

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 South Plains Financial Inc (SPFI) report earnings?

South Plains Financial Inc (SPFI) is schdueled to report earning on Oct 28, 2025, Before Open (Confirmed).

What is South Plains Financial Inc (SPFI) earnings time?

South Plains Financial Inc (SPFI) earnings time is at Oct 28, 2025, Before Open (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 SPFI EPS forecast?

SPFI EPS forecast for the fiscal quarter 2025 (Q3) is 0.85.

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