South Plains Financial, Inc. Reports Q1 2023 Net Income of $9.24 Million

South Plains Financial, Inc.(SPFI) and its subsidiaries have released their unaudited consolidated financial statements for the first quarter of 2023. The reports show a net income of $9.24 million, reflecting the company's performance during the period. Additionally, the company reported revenue of $47.45 million for the same quarter.

The financial statements provide a comprehensive overview of the company's assets, liabilities, and stockholders' equity as of March 31, 2023. Key financial indicators and performance metrics for the quarter are presented, including interest income, interest expense, provision for credit losses, noninterest income, noninterest expense, and earnings per share.

Let's delve deeper into the consolidated financial statements to gain insights into South Plains Financial, Inc.'s financial performance for the first quarter of 2023.

Net Income/Loss