South Plains Financial, Inc. (NASDAQ:SPFI) is reporting third quarter financial results on Tuesday 27th October 2020, after market close.
According to analysts surveyed by Thomson Reuters, SPFI is expected to report 3Q20 income of $ 0.48 per share from revenue of $ 53.74 million.
For the full year, analysts anticipate top line of $ 208.95 million, while looking forward to income of $ 1.64 per share bottom line.
Previous Quarter Performance
South Plains Financial, Inc. communicated income for the second quarter of $ 0.31 per share, from the revenue of $ 55.34 million. According to street consensus, SPFI was expected to report 2Q20 income of $ 0.25 per share from revenue of $ 47.50 million. The bottom line results beat street analysts by $ 0.06 or 24.00 percent, at the same time, top line results outshined analysts by $ 7.84 million or 16.51 percent.
Stock Performance
Shares of South Plains Financial, Inc. traded up $ 0.02 or 0.13 percent on Friday, reaching $ 14.92 with volume of 5.50 thousand shares. South Plains Financial, Inc. has traded high as $ 14.99 and has cracked $ 14.80 on the downward trend
According to the previous trading day, closing price of $ 14.92, representing a 31.86 % increase from the 52 week low of $ 11.30 and a 32.27 % decrease over the 52 week high of $ 22.00.
The company has a market capital of $ 269.44 million and is part of the Financial Services sector and Banks – Regional – US industry.
Conference Call
South Plains Financial, Inc. will be hosting a conference call at 5:00 PM eastern time on 27th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.city.bank
South Plains Financial, Inc. operates as a bank holding company for City Bank Texas and Lockney Holding Company. It offers banking services to individuals and business customers in Texas.
