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South Plains Financial posts strong Q2 with $19M net income and 18% revenue growth, beating estimates.

Company Fundamentals
17 Jul 2026
Alex Lavoie
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Bullish
pluang ai news

South Plains Financial reported strong second-quarter results with net income rising to $19 million, up from $14.6 million a year ago, and revenues increasing 18% to $64.49 million. Earnings per share reached $0.96, surpassing analyst expectations of $0.86. Despite a slight dip in net interest margin to 4.00%, the company demonstrated effective operational management. Valuation metrics show a P/E ratio of 11.94 and a P/S ratio of 2.45, reflecting its current market position as a community bank focused on commercial and consumer banking in the Southeast.

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