Short answer
SOUTH PLAINS FINANCIAL, INC. (SPFI) filed its Q3 2025 10-Q quarterly report on Nov 6, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $65M (up 4.7% year over year) with net income of $16M.
Q3 2025 key financials · XBRL
- Revenue
- $65M
- +4.7% YoY · +0.6% QoQ
- Net income
- $16M
- +45.5% YoY · +11.7% QoQ
- EPS (diluted)
- $0.97
- +47.0% YoY · +12.8% QoQ
Source: XBRL data from the SOUTH PLAINS FINANCIAL, INC. (SPFI) Q3 2025 10-Q on SEC EDGAR. USD.
SOUTH PLAINS FINANCIAL, INC. Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Net income $16.3M vs $11.2M YoY; ROAE 13.89% vs 10.36%
- Net interest income $43.0M vs $37.3M, up 15.4% YoY
- Net interest margin 4.05% vs 3.65%; net interest spread 3.08% vs 2.55%
- Mortgage banking income $2.6M vs $1.9M, up 36.2%; strongest disclosed line
- Provision for credit losses $500K vs $495K; headwinds included inflation, competition and economic uncertainty
Risk Factors
- No material changes to 2024 Form 10-K risk factors disclosed
- Regulatory risk: Share repurchases subject to Rule 10b-18, Rule 10b5-1, and other legal requirements
- Liquidity risk: Repurchase program authorizes up to $15.0 million of common-stock purchases
- Capital-allocation risk: $6,474,416 remained available under the repurchase program at September 30, 2025
- Execution risk: Repurchases may be suspended or terminated without prior notice
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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