South Plains Financial Inc（SPFI）資訊與事件SPFISouth Plains Financial Inc

Tech Stocks Continue to Decline, Netflix Shares Drop 11%

Stock futures are lower, extending a selloff in technology shares that has weighed on the broader market despite generally solid corporate earnings and encouraging inflation data earlier in the week. The Philadelphia Semiconductor Index is on track for its worst weekly performance in more than a year as weakness spreads across the industry.Earnings are producing mixed reactions. Netflix shares are sharply lower in premarket trading after the streaming company issued weaker-than-expected third quarter guidance, overshadowing otherwise solid quarterly results. Investors will also continue digesting results from banks and healthcare companies, with earnings remaining a key driver of individual stock performance amid an uncertain macro backdrop.Economic data released this week continues to suggest inflation pressures are easing. However, geopolitical tensions in the Middle East continue to support higher oil prices and have added another layer of uncertainty for investors, particularly as concerns grow over potential impacts on inflation and global supply chains.Despite this week's volatility, market leadership continues to broaden beyond the AI trade, with some investors rotating into financials, healthcare and software companies as they look for sectors with more attractive valuations.In pre-market trading, S&P 500 futures fell 0.94%, Nasdaq futures fell 1.91% and Dow futures fell 0.65%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -ConocoPhillipsand BPup 2% and 1%, respectively, as ConocoPhillips has agreed to terms with BP to acquire a 42% interest in BP Energy Company of KirkukVerizonup 1% after yesterday announcing a round of job cuts that will affect roughly 3,000 staff in corporate-owned retail stores.UP AFTER EARNINGS -Doceboup 5%South Plains Financialup 1%Fifth Thirdup 1%Truist Financialup 1%DOWN AFTER EARNINGS -Netflixdown 11%Intuitive Surgicaldown 10%Autolivdown 5%Travelersdown 1%LOWER -SpaceXdown 4% after cancelled Starship Flight 13 launch

Net Interest Margin at 4.00% for Q2 2026

Net interest margin, on a tax-equivalent basis, was 4.00% for the second quarter of 2026, compared to 4.04% for the first quarter of 2026 and 4.07% for the second quarter of 2025. Return on average assets for the second quarter of 2026 was 1.44%, compared to 1.31% for the first quarter of 2026 and 1.34% for the second quarter of 2025.

South Plains Reports Strong Q2, CEO Curtis Griffith to Retire

Curtis Griffith, South Plains' Chairman and CEO, commented, "We delivered a strong second quarter highlighted by solid profitability, stable credit quality and the successful integration of Bank of Houston, which has strengthened our position in Houston, one of Texas' most attractive banking markets. As I prepare to retire as Chief Executive Officer at year-end, I am incredibly proud of what our employees have accomplished and the Company we have built together over the past four decades. The Bank is in a position of strength, and our leadership transition reflects years of thoughtful planning designed to ensure continuity for our customers, employees and shareholders. I remain highly confident in South Plains' future and believe Cory is the right leader to guide the organization as we continue to grow earnings, deepen customer relationships and build on the culture that has been central to our success. I look forward to continuing to serve as Chairman of South Plains and City Bank as Cory and our talented leadership team build on our momentum and execute the next phase of our growth strategy."