South Plains Financial (SPFI) Set to Release Quarterly Earnings on Thursday

South Plains Financial (NASDAQ:SPFI) will likely be announcing its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.9930 per share and revenue of $65.22 million for the quarter. Interested persons may visit the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 22, 2026 at 5:00 PM ET.

South Plains Financial Stock Performance

Shares of SPFI stock opened at $43.78 on Wednesday. The stock has a market capitalization of $824.82 million, a price-to-earnings ratio of 11.74 and a beta of 0.49. South Plains Financial has a one year low of $35.34 and a one year high of $46.94. The company’s 50-day simple moving average is $43.79 and its 200-day simple moving average is $42.91. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.96 and a current ratio of 0.97.

Analyst Ratings Changes

Several analysts have issued reports on SPFI shares. Keefe, Bruyette & Woods restated an “outperform” rating and set a $50.00 price objective (up from $48.00) on shares of South Plains Financial in a research note on Monday, July 20th. Benchmark reaffirmed a “buy” rating on shares of South Plains Financial in a report on Monday, July 20th. Weiss Ratings reiterated a “buy (b+)” rating on shares of South Plains Financial in a research report on Friday, September 25th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $50.00 target price on shares of South Plains Financial in a research report on Monday, July 20th. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $49.60.

Insiders Place Their Bets

In other news, Director James D. Stein sold 100,000 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $44.54, for a total value of $4,454,000.00. Following the transaction, the director directly owned 242,872 shares in the company, valued at approximately $10,817,518.88. This trade represents a 29.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Richard D. Campbell sold 27,286 shares of South Plains Financial stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $45.14, for a total transaction of $1,231,690.04. Following the completion of the transaction, the director directly owned 1,384,969 shares of the company’s stock, valued at $62,517,500.66. This trade represents a 1.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 260,000 shares of company stock worth $11,624,642 over the last three months. 24.29% of the stock is owned by corporate insiders.

South Plains Financial Company Profile

South Plains Financial, Inc (NASDAQ:SPFI) is a bank holding company headquartered in Lubbock, Texas. Through its principal subsidiary, City Bank, the company provides banking and related financial services to individuals, businesses, agricultural customers and communities in Texas and New Mexico.

City Bank offers a range of products and services, including commercial and consumer lending, real estate loans, agricultural financing, deposit accounts, treasury management, online and mobile banking, mortgage lending, trust and wealth management, and insurance services.