South Plains Financial: Q4 Earnings Snapshot

LUBBOCK, Texas (AP) — LUBBOCK, Texas (AP) — South Plains Financial, Inc. (SPFI) on Friday reported net income of $10.3 million in its fourth quarter.

The Lubbock, Texas-based bank said it had earnings of 61 cents per share.

The company posted revenue of $66.4 million in the period. Its revenue net of interest expense was $44.3 million, falling short of Street forecasts.

For the year, the company reported profit of $62.7 million, or $3.63 per share. Revenue was reported as $219 million.

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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