South Plains Financial (SPFI) AGM 2026 summary

Opening remarks and agenda

• Welcomed shareholders, employees, and guests, highlighting strong performance and future outlook.

• Noted the completion of the BOH Holdings merger and integration efforts.

• Outlined the agenda, including voting on three proposals: director elections, auditor ratification, and executive compensation.

Financial performance review

• Achieved healthy deposit and organic loan growth while maintaining conservative credit standards.

• Credit quality remained robust, with a decline in non-performing assets and a strong allowance for credit losses.

• Delivered steady margin expansion and enhanced earnings through strategic growth initiatives.

Board and executive committee updates

• Recognized current board members and welcomed new director James D. Stein following the BOH Holdings acquisition.

• Thanked directors for leadership and advisors for their contributions.