South Plains Financial Reports Q1 Earnings and Acquisition Integration Progress
South Plains Financial (SPFI) reported Q1 2026 earnings of $0.85 per share, slightly below expectations, due to acquisition expenses and an SBIC investment loss. The company closed its acquisition of Bank of Houston and expects the deal to be 11% accretive by 2027. Deposits rose to $4.03 billion, and the company announced a quarterly dividend of $0.17 per share.
Tickers: $SPFI
Topics: acquisition banking earnings financial performance M&A