- South Plains Financial press release ( NASDAQ: SPFI ): Q2 GAAP EPS of $0.88.
- Revenue of $55.95M (+7.9% Y/Y).
- The company did not record a provision for loan losses in the second quarter of 2022, compared to negative provisions for loan losses of $2.1 million for the first quarter of 2022 and $2.0 million for the second quarter of 2021.
- Return on average assets for the second quarter of 2022 was 1.61% annualized, compared to 1.47% annualized for the first quarter of 2022 and 1.46% annualized for the second quarter of 2021.
- Tangible book value (non-GAAP) per share was $19.49 as of June 30, 2022, compared to $20.49 per share as of March 31, 2022 and $20.35 per share as of June 30, 2021.
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South Plains Financial GAAP EPS of $0.88, revenue of $55.95M