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South Plains Financial: Q4 Earnings Snapshot

LUBBOCK, Texas (AP) — LUBBOCK, Texas (AP) — South Plains Financial, Inc. (SPFI) on Monday reported net income of $15.3 million in its fourth quarter.

The Lubbock, Texas-based bank said it had earnings of 90 cents per share.

The company posted revenue of $74.4 million in the period. Its revenue net of interest expense was $53.9 million, topping Street forecasts.

For the year, the company reported profit of $58.5 million, or $3.44 per share. Revenue was reported as $211.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPFI at https://www.zacks.com/ap/SPFI

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updated by pwenzel 3:13pm
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