Group 1: Earnings Performance - South Plains Financial (SPFI) reported quarterly earnings of $0.72 per share, exceeding the Zacks Consensus Estimate of $0.65 per share, and up from $0.64 per share a year ago, representing an earnings surprise of 10.77% [1] - The company has surpassed consensus EPS estimates in all four of the last quarters [2] - The revenue for the quarter ended March 2025 was $49.15 million, surpassing the Zacks Consensus Estimate by 1.24%, and up from $46.78 million year-over-year [2] Group 2: Stock Performance and Outlook - South Plains Financial shares have declined about 5% since the beginning of the year, compared to the S&P 500's decline of 8.6% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is $0.69 on revenues of $51.2 million, and for the current fiscal year, it is $2.85 on revenues of $204.3 million [7] Group 3: Industry Context - The Banks - Southeast industry, to which South Plains Financial belongs, is currently ranked in the top 25% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]
South Plains Financial (SPFI) Tops Q1 Earnings and Revenue Estimates