South Plains Financial, Inc. reported third-quarter earnings of $16.32 million, or $0.96 per share, surpassing Street estimates. This represents an increase from $11.21 million, or $0.66 per share, in the same period last year. Analysts had predicted earnings of $0.86 per share. Revenue for the quarter also saw a 15.4% increase to $43.02 million from $37.29 million a year ago. These strong financial results demonstrate the company’s continued growth and success in the market.

Read more at Nasdaq: South Plains Financial, Inc. Profit Rises In Q3, Beats Estimates