---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-028765"
form_type: "8-K"
ticker: "SPFI"
cik: "0001163668"
company_name: "SOUTH PLAINS FINANCIAL, INC."
filed_at: "2026-07-17T11:30:40+00:00"
generated_at: "2026-07-17T11:35:08.689564+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# South Plains Q2 net income $19M, EPS $0.96; dividend raised 6%; CEO to retire

## Summary
- Net income $19.0M ($0.96 diluted EPS) vs $14.6M ($0.86) in Q2 2025; net interest income $50.3M.
- Completed BOH acquisition on April 1, 2026; added $685M assets, $632M loans, $596M deposits.
- CEO Curtis Griffith to retire at year-end; President Cory Newsom to succeed as CEO.
- Quarterly dividend raised 6% to $0.18/share, payable Aug 10 to holders of record July 27.
- Tangible book value per share $29.57; NIM 4.00%; nonperforming assets 0.19% of total assets.

## SEC filing metadata
- accession: 0001140361-26-028765
- form_type: 8-K
- ticker: SPFI
- cik: 0001163668
- company_name: SOUTH PLAINS FINANCIAL, INC.
- filed_at: 2026-07-17T11:30:40+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163668/000114036126028765/0001140361-26-028765-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163668/000114036126028765/ef20078138_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-028765
- JSON: https://secwatch.observer/filing/0001140361-26-028765.json
- Plain text: https://secwatch.observer/filing/0001140361-26-028765.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.