For the quarter ended June 2026, South Plains Financial (SPFI) reported revenue of $64.49 million, up 18% over the same period last year. EPS came in at $0.96, compared to $0.86 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $64.45 million, representing a surprise of +0.07%. The company delivered an EPS surprise of +11.63%, with the consensus EPS estimate being $0.86.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how South Plains Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Total Nonperforming Assets: $10.08 million versus the two-analyst average estimate of $6.05 million. Efficiency ratio: 61.6% versus the two-analyst average estimate of 59.5%. Nonperforming Loans: $9.51 million compared to the $5.07 million average estimate based on two analysts. Net charge-offs (recoveries) to average loans outstanding (annualized): 0.1% versus 0.1% estimated by two analysts on average. Net Interest Margin (FTE): 4% versus 4% estimated by two analysts on average. Average Balance - Total interest-earning assets: $5.07 billion versus the two-analyst average estimate of $5.12 billion. Net Interest Income: $50.35 million versus $51.02 million estimated by two analysts on average. Net Interest Income (FTE): $50.58 million versus the two-analyst average estimate of $51.16 million. Total Noninterest Income: $14.14 million compared to the $13.3 million average estimate based on two analysts.View all Key Company Metrics for South Plains Financial here>>>
Shares of South Plains Financial have returned +8.7% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.7 Best Stocks for the Next 30 Days
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South Plains Financial, Inc. (SPFI): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).