For the quarter ended September 2026, South Plains Financial (SPFI) reported revenue of $65.27 million, up 20.5% over the same period last year. EPS came in at $1.06, compared to $0.96 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $64.4 million, representing a surprise of +1.35%. The company delivered an EPS surprise of +9.28%, with the consensus EPS estimate being $0.97.
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: $16.77 million compared to the $10.33 million average estimate based on two analysts.
-
Efficiency ratio: 58.1% versus the two-analyst average estimate of 59.9%.
-
Nonperforming Loans: $15.31 million compared to the $9.6 million average estimate based on two analysts.
-
Net charge-offs (recoveries) to average loans outstanding (annualized): 0.1% compared to the 0.1% average estimate based on two analysts.
-
Net Interest Margin (FTE): 4% versus 4% estimated by two analysts on average.
-
Average Balance - Total interest-earning assets: $5.13 billion versus $5.11 billion estimated by two analysts on average.
-
Net Interest Income: $51.46 million versus the two-analyst average estimate of $51.46 million.
-
Net Interest Income (FTE): $51.69 million versus the two-analyst average estimate of $51.58 million.
-
Total Noninterest Income: $13.81 million versus $12.84 million estimated by two analysts on average.
View all Key Company Metrics for South Plains Financial here>>>
Shares of South Plains Financial have returned +0.7% over the past month versus the Zacks S&P 500 composite's no 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.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
South Plains Financial, Inc. (SPFI) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
