South Plains Financial Q2 FY26 net income rises to $19 million; diluted EPS climbs to $0.96

Loans held for investment were $3.77 billion at June 30, 2026; deposits totaled $4.64 billion, with noninterest-bearing balances at $1.15 billion.

The company completed the BOH Holdings/Bank of Houston merger effective April 1, 2026. CEO Curtis Griffith plans to retire at year-end, with President Cory Newsom set to lead.

South Plains Financial posted Q2 2026 net income of $19 million, up 30.58% from $14.6 million a year earlier; diluted EPS rose 11.63% to $0.96.

Net interest income climbed 18.35% to $50.35 million; tax-equivalent net interest margin narrowed 7 basis points to 4%.

Noninterest income increased 16.27% to ; noninterest expense rose to , including about of acquisition-related costs.