10-Q quarterly report · filed Aug 6, 2026

SOUTH PLAINS FINANCIAL, INC. (SPFI) Q2 2026 10-Q Quarterly Report

Short answer

SOUTH PLAINS FINANCIAL, INC. (SPFI) filed its Q2 2026 10-Q quarterly report on Aug 6, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $75M (up 16.9% year over year) with net income of $19M.

Q2 2026 key financials · XBRL

Revenue
$75M
+16.9% YoY · +19.8% QoQ
Net income
$19M
+30.0% YoY · +30.6% QoQ
EPS (diluted)
$0.97
+12.8% YoY · +14.1% QoQ

Source: XBRL data from the SOUTH PLAINS FINANCIAL, INC. (SPFI) Q2 2026 10-Q on SEC EDGAR. USD.

SOUTH PLAINS FINANCIAL, INC. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • BOH acquisition closed April 1, 2026, adding $685.0M assets, $631.9M gross loans, and $595.6M deposits
  • Approximately 2.8 million SPFI shares issued as merger consideration
  • Near-term headwinds: deposit competition, inflation, interest-rate fluctuations, recession risk, and credit-quality deterioration

Risk Factors

  • No material changes to 2025 Form 10-K risk factors disclosed
  • Carried-forward risks remain potentially material to business, financial condition, and operating results
  • New $10.0 million stock-repurchase program subject to regulatory requirements and available funds
  • Repurchases may be suspended or terminated before expiration without prior notice

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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