South Plains Financial (SPFI) Q3 Earnings and Revenues Surpass Estimates

Core Insights - South Plains Financial (SPFI) reported quarterly earnings of $0.96 per share, exceeding the Zacks Consensus Estimate of $0.87 per share, and up from $0.66 per share a year ago, representing an earnings surprise of +10.34% [1][2] - The company achieved revenues of $54.18 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.25%, and an increase from $47.93 million year-over-year [2] - South Plains Financial has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The immediate price movement of South Plains Financial's stock will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.79 on revenues of $53.4 million, and for the current fiscal year, it is $3.24 on revenues of $212.4 million [7] Industry Context - The Banks - Southeast industry, to which South Plains Financial belongs, is currently ranked in the top 20% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5][6]