Core Insights - South Plains Financial (SPFI) is expected to report quarterly earnings of $0.66 per share, an increase of 8.2% year-over-year, with revenues forecasted at $48.6 million, reflecting a 9.7% increase [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating analysts have reevaluated their initial estimates [1][2] Financial Metrics - Analysts estimate an 'Efficiency ratio' of 68.4%, slightly improved from 68.7% in the same quarter last year [4] - The 'Average Balance - Total interest-earning assets' is projected to reach $4.12 billion, up from $3.99 billion year-over-year [4] - 'Nonperforming Loans' are expected to rise significantly to $25.04 million, compared to $5.18 million a year ago [5] - 'Net Interest Margin (FTE)' is forecasted at 3.7%, an increase from 3.5% in the previous year [5] - 'Net Interest Income' is anticipated to be $37.76 million, up from $35.16 million year-over-year [5][6] - 'Total Noninterest Income' is projected to reach $10.87 million, compared to $9.15 million in the same quarter last year [6] Market Performance - Over the past month, shares of South Plains Financial have returned -2.3%, while the Zacks S&P 500 composite has seen a -0.4% change [6] - Currently, SPFI holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [6]
Exploring Analyst Estimates for South Plains Financial (SPFI) Q4 Earnings, Beyond Revenue and EPS