South Plains Financial Inc. (SPFI) Tops Q2 EPS by 39c

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South Plains Financial, Inc. Reports Second Quarter 2022 Financial Results

July 22, 2022 7:00 AM EDT

LUBBOCK, Texas, July 22, 2022 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ: SPFI) (South Plains or the Company), the parent company of City Bank (City Bank or the Bank), today reported its financial results for the quarter ended June 30, 2022.

Second Quarter 2022 Highlights

Net income for the second quarter of 2022 was $15.9 million, compared to $14.3 million for the first quarter of 2022 and $13.7 million for the second quarter of 2021.Diluted earnings per share for the second quarter of 2022 was $0.88, compared to $0.78 for the first quarter of 2022 and $0.74 for the second quarter of... More