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

South Plains Financial Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	209.65	202.27	176.6	137.95	120.54	121.73
Interest Income on Investments	40.26	38.63	35.44	23.21	14.5	16.5
Total Interest Income	249.9	240.9	212.03	161.17	135.04	138.23
Interest Paid on Deposits	80.95	87.08	64.99	17	8.29	11.89
Interest Paid on Borrowings	6.35	6.72	7.3	5.69	4.98	4.05
Total Interest Expense	87.3	93.8	72.29	22.69	13.27	15.95
Net Interest Income	162.6	147.1	139.75	138.48	121.76	122.29
Net Interest Income Growth (YoY)	13.14%	5.26%	0.92%	13.73%	-0.43%	16.93%
Trust Income	2.72	2.72	2.43	2.39	2.92	3.19
Mortgage Banking Activities	2.72	3.66	2.79	10.61	8.54	1.51
Gain (Loss) on Sale of Assets	-	-	33.78	-	-	-
Gain (Loss) on Sale of Investments	-	-	-3.41	-	-	2.32
Other Non-Interest Income	22.56	23.14	22.07	35.56	27.86	24.03
Total Non-Interest Income	47.27	48.07	75.82	76.15	97.47	101.6
Non-Interest Income Growth (YoY)	7.69%	-36.59%	-0.43%	-21.88%	-4.07%	79.41%
Revenues Before Loan Losses	209.87	195.17	215.56	214.62	219.23	223.89
Provision for Loan Losses	4.62	4.3	4.61	-2.62	-1.92	25.57
Revenue	205.25	190.87	210.95	217.24	221.15	198.32
Revenue Growth (YoY)	11.60%	-9.52%	-2.89%	-1.77%	11.51%	25.19%
Salaries and Employee Benefits	73.63	72.02	77.22	83.57	91.72	87.95
Occupancy Expenses	13.55	13.71	13.2	13.09	12.06	12.26
Selling, General & Administrative	19.41	19.37	18.35	22.79	18.12	16.66
Other Non-Interest Expense	22.96	22.48	22.76	24.65	26.13	24.85
Total Non-Interest Expense	129.55	127.58	131.54	144.09	148.03	141.72
EBT Excluding Unusual Items	75.71	63.29	79.42	73.15	73.12	56.6
Pretax Income	75.71	63.29	79.42	73.15	73.12	56.6
Income Tax Expense	15.99	13.58	16.67	14.91	14.51	11.25
Net Income	59.71	49.72	62.75	58.24	58.61	45.35
Net Income to Common	59.71	49.72	62.75	58.24	58.61	45.35
Net Income Growth	37.13%	-20.76%	7.74%	-0.64%	29.24%	55.21%
Basic Shares Outstanding	16	16	17	17	18	18
Diluted Shares Outstanding	16	17	17	18	18	18
Shares Change (YoY)	-4.45%	-1.74%	-3.81%	-2.56%	0.83%	7.62%
EPS (Basic)	3.68	3.03	3.73	3.35	3.26	2.51
EPS (Diluted)	3.68	2.92	3.62	3.23	3.17	2.47
EPS Growth	43.58%	-19.34%	12.07%	1.89%	28.34%	44.44%
Dividend Per Share	0.150	0.560	0.520	0.460	0.300	0.140
Dividend Growth	-72.22%	7.69%	13.04%	53.33%	114.29%	133.33%
Effective Tax Rate	21.12%	21.45%	20.99%	20.38%	19.84%	19.88%

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