South Plains Financial: Q1 Earnings Snapshot

LUBBOCK, Texas (AP) — LUBBOCK, Texas (AP) — South Plains Financial, Inc. (SPFI) on Thursday reported net income of $10.9 million in its first quarter.

The Lubbock, Texas-based bank said it had earnings of 64 cents per share.

The company posted revenue of $70.1 million in the period. Its revenue net of interest expense was $46.8 million, beating Street forecasts.

_____

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