South Plains Financial, Inc. (SPFI)

South Plains Financial Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	216.31	214.36	217.24	221.15	198.32	158.41
Revenue Growth (YoY)	5.26%	-1.32%	-1.77%	11.51%	25.19%	12.48%
Gross Profit	216.31	214.36	217.24	221.15	198.32	158.41
Selling, General & Admin	98.57	98.93	105.92	111.15	106.97	91.98
Other Operating Expenses	32.53	32.61	38.17	36.89	34.75	29.73
Operating Expenses	131.11	131.54	144.09	148.03	141.72	121.71
Operating Income	85.21	82.83	73.15	73.12	56.6	36.7
Other Expense / Income	3.41	3.41	-	-	-	-
Pretax Income	81.8	79.42	73.15	73.12	56.6	36.7
Income Tax	17.42	16.67	14.91	14.51	11.25	7.48
Net Income	64.38	62.75	58.24	58.61	45.35	29.22
Net Income Growth	20.99%	7.74%	-0.64%	29.24%	55.21%	-0.24%
Shares Outstanding (Basic)	16	16	17	18	18	18
Shares Change	-3.61%	-3.04%	-4.44%	-1.49%	0.29%	3.07%
EPS (Basic)	3.84	3.73	3.35	3.26	2.51	1.74
EPS (Diluted)	3.74	3.62	3.23	3.17	2.47	1.71
EPS Growth	25.50%	12.07%	1.89%	28.34%	44.44%	-13.64%
Free Cash Flow	49.06	54.83	119.6	94.81	2.54	26.7
Free Cash Flow Per Share	2.98	3.33	7.04	5.33	0.14	1.48
Dividend Per Share	0.520	0.520	0.460	0.300	0.140	0.060
Dividend Growth	8.33%	13.04%	53.33%	114.29%	133.33%	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	39.39%	38.64%	33.67%	33.06%	28.54%	23.17%
Profit Margin	29.76%	29.27%	26.81%	26.50%	22.87%	18.45%
Free Cash Flow Margin	22.68%	25.58%	55.05%	42.87%	1.28%	16.85%
Effective Tax Rate	21.30%	20.99%	20.38%	19.84%	19.88%	20.38%
EBITDA	88.14	85.83	80.12	79.56	63.18	41.93
EBITDA Margin	40.75%	40.04%	36.88%	35.97%	31.86%	26.47%
Depreciation & Amortization	6.34	6.41	6.97	6.44	6.58	5.23
EBIT	81.8	79.42	73.15	73.12	56.6	36.7
EBIT Margin	37.81%	37.05%	33.67%	33.06%	28.54%	23.17%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).