SOUTH PLAINS FINANCIAL, INC. Q1 Profit Climbs, Beats Estimates

SOUTH PLAINS FINANCIAL, INC. (SPFI) released earnings for its first quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line totaled $12.29 million, or $0.72 per share. This compares with $10.87 million, or $0.64 per share, last year.

Analysts on average had expected the company to earn $0.67 per share. Analysts' estimates typically exclude special items.

SOUTH PLAINS FINANCIAL, INC. earnings at a glance (GAAP) :

-Earnings: $12.29 Mln. vs. $10.87 Mln. last year.
-EPS: $0.72 vs. $0.64 last year.

by RTTNews Staff Writer

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