South Plains FinancialNASDAQ: SPFI

The key metrics of South Plains Financial (SPFI) in the quarter ending March 2024 provide a glimpse into the company's performance, but it could be beneficial to compare them with Wall Street projections and the figures from the same period last year.

South Plains (SPFI) announces a new share repurchase program worth $10 million that will be carried through Feb 21, 2025. Its solid liquidity position aids sustainable capital distribution activities.

While the top- and bottom-line numbers for South Plains Financial (SPFI) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Besides Wall Street's top -and-bottom-line estimates for South Plains Financial (SPFI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

South Plains Financial (SPFI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

South Plains Financial, Inc. (NASDAQ:SPFI ) Q3 2023 Earnings Conference Call October 24, 2023 5:00 PM ET Company Participants Steve Crockett - Chief Financial Officer and Treasurer Curtis Griffith - Chairman and CEO Cory Newsom - President Brent Bates - Chief Credit Officer Conference Call Participants Graham Dick - Piper Sandler Brett Rabatin - Hovde Group Brady Gailey - KBW Joe Yanchunis - Raymond James Operator Good afternoon, ladies and gentlemen, and welcome to the South Plains Financial Third Quarter 2023 Earnings Conference Call. During today's presentation, all parties will be in a listen-only mode.

South Plains Financial (SPFI) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.86 per share a year ago.