Cory T. Newsom
the board of directors of the Company appointed Mr. Cory T. Newsom to serve as the Chief Executive Officer of the Company, effective upon Mr. Griffith’s retirement on December 31, 2026.
Highest-materiality recent filing
South Plains Q2 net income $19M, EPS $0.96; dividend raised 6%; CEO to retire
Net income $19.0M ($0.96 diluted EPS) vs $14.6M ($0.86) in Q2 2025; net interest income $50.3M.
South Plains Financial CEO Curtis Griffith to retire Dec 31, 2026; Cory Newsom appointed successor
Curtis Griffith retiring as CEO effective Dec 31, 2026, will continue as Chairman of the Board and remain a director.
South Plains Financial Q1 net income $14.5M, EPS $0.85; NIM expands to 4.04%; BOH merger closed
Net income $14.5M ($0.85 diluted EPS) vs $12.3M ($0.72) in Q1 2025; down sequentially from Q4 2025 $0.90 EPS.
SPFI closes BOH Holdings merger; issues ~2.8M shares; BOH had $744M assets
Deal closed April 1, 2026; each BOH share converted to 0.1925 SPFI shares; total ~2.8M SPFI shares issued.
SPFI receives all regulatory and shareholder approvals; BOH merger to close April 1
BOH shareholders voted to approve merger with SPFI on March 20, 2026.
South Plains Financial Announces $10 Million Stock Repurchase Program
Board approved a new stock repurchase program for up to $10.0 million of common stock on February 18, 2026.
South Plains Financial Q4 net income $15.3M, EPS $0.90; full-year EPS up 17.8%; BOH acquisition
Q4 2025 net income $15.3M ($0.90 diluted EPS) vs $16.3M ($0.96) in Q3 and $16.5M ($0.96) in Q4 2024.
SPFI to acquire BOH Holdings for ~$105.9M in stock, adds Houston scale
Transaction value ~$105.9M (0.1925 SPFI shares per BOH share) based on SPFI $37.79 close on Nov 28, 2025.
South Plains Q3 2025 net income $16.3M, EPS $0.96; NIM 4.05%, redeemed $50M sub debt
Net income $16.3M ($0.96 diluted EPS) vs $14.6M ($0.86) in Q2 2025 and $11.2M ($0.66) a year ago.
SPFI Q2 net income $14.6M ($0.86 EPS); NIM expands to 4.07%
Net income of $14.6M, up 18.7% from Q1 2025 ($12.3M) and 31.5% YoY ($11.1M).
SPFI Q1 net income $12.3M ($0.72 EPS) vs $10.9M a year ago; NIM 3.81%, credit quality improves
Net income $12.3M (diluted EPS $0.72) versus $10.9M ($0.64) in Q1 2024; sequentially down from $16.5M.
South Plains Financial Q4 net income $16.5M, EPS $0.96; declares $0.15 dividend
Q4 2024 diluted EPS $0.96 vs $0.61 a year ago; net income $16.5M vs $10.3M.
South Plains Q2 earnings: net income $11.1M, EPS $0.66; NPA ratio rises to 0.57%
Net income $11.1M ($0.66 diluted EPS) vs $10.9M ($0.64) Q1 2024 and $29.7M ($1.71) Q2 2023 (latter included $33.5M gain on Windmark sale).
South Plains Q1 net income $10.9M ($0.64 EPS); NIM expands to 3.56%
Net income $10.9M vs $10.3M Q4 2023 and $9.2M Q1 2023; diluted EPS $0.64.
South Plains Q4 net income $10.3M ($0.61 EPS), down from $12.6M YoY; full year EPS $3.62
Net income Q4 2023 $10.3M vs $13.5M Q3 2023 and $12.6M Q4 2022.
South Plains Financial Q3 net income $13.5M, EPS $0.78; deposits up 1.3% sequentially
Net income $13.5M, diluted EPS $0.78; Q2 included $22.9M gain on sale of Windmark.
South Plains Q2 net income $29.7M ($1.71 EPS) includes $22.9M Windmark gain; core EPS $0.55
Net income $29.7M, diluted EPS $1.71; adjusted EPS $0.55 excluding $22.9M net Windmark gain and $2.7M securities loss.
South Plains Financial Q1 net income falls 36% to $9.2M; sells Windmark
Net income $9.2M ($0.53 diluted EPS) vs $14.3M ($0.78) Q1 2022; down 36%.
South Plains Financial sells Windmark Insurance to Alliant for $35.5M
Sold Windmark Insurance Agency to Alliant for $35.5M cash; transaction closed April 1, 2023.
South Plains Financial Q4 net income $12.6M, down 19% QoQ; EPS $0.71 vs $0.86
Diluted EPS $0.71 vs $0.86 Q3 and $0.79 Q4 2021; net income $12.6M down from $15.5M.
South Plains Financial Q3 net income $15.5M ($0.86 EPS), loan growth 17%, declares $0.12 dividend
Net income $15.5M ($0.86 diluted EPS) in Q3 2022 vs $15.9M ($0.88) in Q2 and $15.2M ($0.82) in Q3 2021.
South Plains Financial Q2 net income $15.9M ($0.88 EPS); loan growth 20.8% annualized
Net income $15.9M ($0.88 diluted EPS) vs $14.3M ($0.78) Q1 2022 and $13.7M ($0.74) Q2 2021.
South Plains Financial approves $15M stock repurchase program
Board approved new repurchase program for up to $15 million of common stock.
SPFI Q1 net income $14.3M ($0.78 EPS); loan growth 2.6% annualized, NIM 3.33%
Net income of $14.3M down from $14.6M Q4 2021 and $15.2M Q1 2021; diluted EPS $0.78.
the board of directors of the Company appointed Mr. Cory T. Newsom to serve as the Chief Executive Officer of the Company, effective upon Mr. Griffith’s retirement on December 31, 2026.
Mr. Griffith’s retirement as Chief Executive Officer will be effective as of December 31, 2026.
Max materiality 0.85 · Median 0.55 · Most common event earnings