LUBBOCK, Texas (AP) — LUBBOCK, Texas (AP) — South Plains Financial, Inc. (SPFI) on Tuesday reported net income of $29.7 million in its second quarter.
The Lubbock, Texas-based bank said it had earnings of $1.71 per share. Earnings, adjusted for non-recurring gains, were 55 cents per share.
The company posted revenue of $97.9 million in the period. Its revenue net of interest expense was $81.7 million, which beat Street forecasts.
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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
