secwatch / observer

SOUTH PLAINS FINANCIAL, INC. — fact timeline

Source-grounded facts extracted from SOUTH PLAINS FINANCIAL, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

SPFI SOUTH PLAINS FINANCIAL, INC. JSON
Earnings Releases

SOUTH PLAINS FINANCIAL, INC. reported first quarter ended March 31, 2026 results: net income $14.5 million, EPS $0.85.

“Net income for the first quarter of 2026 was $14.5 million, compared to $15.3 million for the fourth quarter of 2025 and $12.3 million for the first quarter of 2025. ● Diluted earnings per share for the first quarter of 2026 was $0.85, compared to $0.90 for the fourth quarter of 2025 and $0.72 for the first quarter of 2025.”
M&A Transactions

SOUTH PLAINS FINANCIAL, INC. completed an acquisition involving BOH Holdings, Inc. for approximately 2.8 million shares of SPFI common stock (closed 2026-04-01).

“lieu of any fractional shares (collectively, the “Per Share Merger Consideration”). The total aggregate consideration delivered to holders of BOH common stock was approximately 2.8 million shares of SPFI common stock. The issuance of shares of SPFI common stock in connection with the Merger was registered under the Securities Act of 1933, as amended (the”
Governance Changes

SOUTH PLAINS FINANCIAL, INC.: Adopted Third Amended and Restated Bylaws to implement recent legislative changes to the Texas Business Organizations Code, including new ownership threshold for derivative proceedings, election to be governed by TBOC Section 21.419, exclusive forum for internal entity claims, and waiver of jury tri (effective 2025-08-20).

“On August 20, 2025, the Board of Directors (the “Board”) of South Plains Financial, Inc., a Texas corporation (the “Company”), approved and adopted the Third Amended and Restated Bylaws of the Company (the “Amended Bylaws”), effective immediately.”
Shareholder Votes

SOUTH PLAINS FINANCIAL, INC. shareholders approved Ratify the appointment of FORVIS, LLP as independent registered public accounting firm at the 2024-05-13 meeting.

“Proposal 2 – To ratify the appointment of FORVIS, LLP as the independent registered public accounting firm of the Company for the year ending December 31, 2024. Final voting results were as follows: Votes For Votes Against Abstentions 13,838,909 107,961 106,085”
Shareholder Votes

SOUTH PLAINS FINANCIAL, INC. shareholders approved Election of two Class II directors at the 2024-05-13 meeting.

“Proposal 1 – To elect two (2) Class II directors to serve on the Company’s board of directors until the Company’s 2027 annual meeting of shareholders or each until their respective successor or successors are duly elected and qualified or until their earlier death, resignation or removal from office. Final voting results were as follows: Name of Class III Nominee Votes For Votes Against Abstentions Broker Non-Votes Cory T. Newsom 9,213,718 1,668,712 2,381 3,168,144 Noe G. Valles 8,744,538 2,047,018 93,255 3,168,144”
Earnings Releases

SOUTH PLAINS FINANCIAL, INC. reported the quarter ended March 31, 2024 results: net income $10.9 million, EPS $0.64.

“On April 25, 2024, South Plains Financial, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2024.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.