South Plains Financial, Inc. (FRA:4S4)

South Plains Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	211.2	202.27	176.6	137.95	120.54
Interest Income on Investments	40.8	38.63	35.44	23.21	14.5
Total Interest Income	252	240.9	212.03	161.17	135.04
Interest Paid on Deposits	79.36	87.08	64.99	17	8.29
Interest Paid on Borrowings	5.64	6.72	7.3	5.69	4.98
Total Interest Expense	85	93.8	72.29	22.69	13.27
Net Interest Income	167	147.1	139.75	138.48	121.76
Net Interest Income Growth (YoY)	13.53%	5.26%	0.92%	13.73%	-0.43%
Trust Income	-	2.72	2.43	2.39	2.92
Mortgage Banking Activities	10.68	3.66	2.79	10.61	8.54
Gain (Loss) on Sale of Assets	-	-	33.78	-	-
Gain (Loss) on Sale of Investments	-	-	-3.41	-	-
Other Non-Interest Income	25.38	23.14	22.07	35.56	27.86
Total Non-Interest Income	44.89	48.07	75.82	76.15	97.47
Non-Interest Income Growth (YoY)	-6.62%	-36.59%	-0.43%	-21.88%	-4.07%
Revenues Before Loan Losses	211.89	195.17	215.56	214.62	219.23
Provision for Loan Losses	5.2	4.3	4.61	-2.62	-1.92
Revenue	206.69	190.87	210.95	217.24	221.15
Revenue Growth (YoY)	8.29%	-9.52%	-2.89%	-1.77%	11.51%
Salaries and Employee Benefits	76.95	72.02	77.22	83.57	91.72
Occupancy Expenses	16.05	13.71	13.2	13.09	12.06
Selling, General & Administrative	11.33	19.37	18.35	22.79	18.12
Other Non-Interest Expense	28.29	22.48	22.76	24.65	26.13
Total Non-Interest Expense	132.62	127.58	131.54	144.09	148.03
EBT Excluding Unusual Items	74.07	63.29	79.42	73.15	73.12
Pretax Income	74.07	63.29	79.42	73.15	73.12
Income Tax Expense	15.6	13.58	16.67	14.91	14.51
Net Income	58.47	49.72	62.75	58.24	58.61
Net Income to Common	58.47	49.72	62.75	58.24	58.61
Net Income Growth	17.61%	-20.76%	7.74%	-0.64%	29.24%
Basic Shares Outstanding	17	16	17	17	18
Diluted Shares Outstanding	17	17	17	18	18
Shares Change (YoY)	-0.20%	-1.74%	-3.81%	-2.56%	0.83%
EPS (Basic)	3.44	3.03	3.73	3.35	3.26
EPS (Diluted)	3.44	2.92	3.62	3.23	3.17
EPS Growth	17.81%	-19.34%	12.07%	1.89%	28.34%
Dividend Per Share	0.620	0.560	0.520	0.460	0.300
Dividend Growth	10.71%	7.69%	13.04%	53.33%	114.29%
Effective Tax Rate	21.06%	21.45%	20.99%	20.38%	19.84%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.