South Plains Financial, Inc. (SPFI) reported third-quarter 2026 net income of $20.765 million, or $1.10 per basic share and $1.06 per diluted share. Net income was $18.992 million in the second quarter of 2026 and $16.318 million in the third quarter of 2025.
Net interest income totaled $51.461 million for the quarter ended September 30, while loans held for investment reached $3.831 billion and total deposits were $4.661 billion at period end.
- Net interest income was $51.461 million, compared with $50.349 million in the prior quarter.
- Net interest margin was 4.00%, unchanged from the second quarter and down from 4.05% a year earlier.
- Loans held for investment increased $59.7 million during the quarter, representing 6.3% annualized organic growth.
- Deposits increased $20.1 million from June 30, 2026.
- Noninterest income was $13.810 million and noninterest expense was $38.074 million.
- The company recorded an $830,000 provision for credit losses.
- Chairman and CEO Curtis Griffith said he plans to retire as CEO at the end of 2026; President Cory Newsom is set to become the next CEO.
$SPFI Insider Trading Activity
$SPFI insiders have traded $SPFI stock on the open market 7 times in the past 6 months. Of those trades, 1 have been purchases and 6 have been sales.
Here’s a breakdown of recent trading of $SPFI stock by insiders over the last 6 months:
- RICHARD D CAMPBELL has made 0 purchases and 2 sales selling 160,000 shares for an estimated $7,170,641.
- JAMES D. STEIN has made 0 purchases and 4 sales selling 115,064 shares for an estimated $5,057,104.
- NOE G VALLES purchased 623 shares for an estimated $0
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$SPFI Hedge Fund Activity
We have seen 92 institutional investors add shares of $SPFI stock to their portfolio, and 41 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 400,667 shares (+inf%) to their portfolio in Q2 2026, for an estimated $17,262,737
- BASSWOOD CAPITAL MANAGEMENT, L.L.C. added 311,615 shares (+inf%) to their portfolio in Q2 2026, for an estimated $13,425,932
- BLACKROCK, INC. added 278,617 shares (+24.2%) to their portfolio in Q2 2026, for an estimated $12,004,213
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 116,864 shares (+inf%) to their portfolio in Q2 2026, for an estimated $5,035,085
- GEODE CAPITAL MANAGEMENT, LLC added 104,786 shares (+35.8%) to their portfolio in Q2 2026, for an estimated $4,514,704
- CALLAHAN ADVISORS, LLC added 90,944 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,918,322
- TWO SIGMA INVESTMENTS, LP removed 74,263 shares (-42.8%) from their portfolio in Q2 2026, for an estimated $3,199,621
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
