South Plains Financial Inc reports results for the quarter ended March 31 - Earnings Summary

SOUTH PLAINS FINANCIAL

24/04/2025 22:01

South Plains Financial Inc SPFI.OQ reported quarterly adjusted earnings of 72 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 64 cents.  The mean expectation of four analysts for the quarter was for earnings of 67 cents per share. Wall Street expected results to range from 63 cents to 70 cents per share.

Revenue rose 5.1% to $49.15 million from a year ago; analysts expected $48.93 million.

South Plains Financial Inc's reported EPS for the quarter was 72 cents​.

The company reported quarterly net income of $12.29 million.

South Plains Financial Inc shares had fallen by 0.3% this quarter and lost 4.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 9% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for South Plains Financial Inc is $43.50

This summary was machine generated from LSEG data April 24 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.67
0.72
Beat
Dec. 31 2024
0.68
0.96
Beat
Sep. 30 2024
0.66
0.66
Met
Jun. 30 2024
0.59
0.66
Beat