South Plains Financial, Inc. Reports First Quarter 2020 Financial Results
South Plains Financial, Inc. (SPFI)
Last south plains financial, inc. earnings: 4/30 04:10 pm
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Source: GlobeNewswire
LUBBOCK, Texas, April 30, 2020 (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 March 31, 2020. First Quarter 2020 Highlights Net income for the first quarter of 2020 was $7.1 million, compared to $4.8 million for the first quarter of 2019.Diluted earnings per share for the first quarter of 2020 was $0.38, compared to $0.32 for the first quarter of 2019.Average cost of deposits for the first quarter of 2020 declined 11 basis points to 65 basis points, compared to 76 basis points for the fourth quarter of 2019.The provision for loan losses in the first quarter of 2020 was $6.2mm, compared to $896,000 for the first quarter of 2019, due to the economic uncertainty related to the COVID-19 pandemic and drop in energy prices.Nonperforming assets to total assets were 0.28% at March 31, 2020, compared to 0.24% as of Decem
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- South Plains Financial (SPFI) Announces 7.7% Dividend Hike [Yahoo! Finance]Yahoo! Finance
- South Plains Financial, Inc. Announces 8% Increase to Quarterly Cash DividendGlobeNewswire
- South Plains Financial, Inc. Announces First Quarter 2024 Earnings CallGlobeNewswire
SPFI
Earnings
- 4/25/24 - Beat
SPFI
Sec Filings
- 4/25/24 - Form 8-K
- 4/18/24 - Form 8-K
- 4/8/24 - Form ARS
- SPFI's page on the SEC website