South Plains Financial reports Q2 net income up 31% to $19.0M, raises dividend 6%

Filed July 17, 2026 · Period ending July 16, 2026 · ~1 min read

Key Changes

• high

  Net income rose to $19.0M ($0.96/share) in Q2 2026 from $14.5M ($0.85/share) in Q1 2026, driven by the April 1 Bank of Houston acquisition that added $632M in loans and $596M in deposits.

  Exhibit 99.1 view on EDGAR →
• high

  CEO Curtis Griffith will retire at year-end 2026 after four decades, continuing as Chairman; President Cory Newsom positioned to succeed as CEO in a planned leadership transition.

  Exhibit 99.1 view on EDGAR →
• medium

  Board raised quarterly dividend 6% to $0.18/share (payable Aug 10 to shareholders of record July 27), signaling confidence in capital position post-acquisition.

  Exhibit 99.3 view on EDGAR →