South Plains Financial, Inc. (SPFI)

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
Net Interest Income	167	147.1	139.75	138.48	121.76
Net Interest Income Growth	13.53%	5.26%	0.92%	13.73%	-0.43%
Non-Interest Income	44.89	48.07	79.23	76.15	97.47
Non-Interest Income Growth	-6.62%	-39.32%	4.05%	-21.88%	-4.07%
Revenues Before Loan Losses	211.89	195.17	218.97	214.62	219.23
Provision for Credit Losses	5.2	4.3	4.61	-2.62	-1.92
Revenue	206.69	190.87	214.36	217.24	221.15
Revenue Growth (YoY)	8.29%	-10.96%	-1.32%	-1.77%	11.51%
Compensation Expenses	76.95	74.34	79.38	86.32	93.36
Selling, General & Admin	38.18	36.63	34.96	40.24	36.79
Other Non-Interest Expenses	17.49	16.61	20.61	17.52	17.88
Total Non-Interest Expense	132.62	127.58	134.95	144.09	148.03
Pretax Income	74.07	63.29	79.42	73.15	73.12
Provision for Income Taxes	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%
Shares Outstanding (Basic)	16	16	17	17	18
Shares Outstanding (Diluted)	17	17	17	18	18
Shares Change (YoY)	-0.28%	-1.74%	-3.81%	-2.56%	0.83%
EPS (Basic)	3.59	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%
Free Cash Flow	71.83	56.03	53.86	119.12	93.35
Free Cash Flow Growth	28.20%	4.03%	-54.79%	27.61%	3928.96%
Free Cash Flow Per Share	4.23	3.29	3.11	6.61	5.05
Dividends Per Share	0.620	0.560	0.520	0.460	0.300
Dividend Growth	10.71%	7.69%	13.04%	53.33%	114.29%
Profit Margin	28.30%	26.06%	29.29%	26.81%	26.50%
FCF Margin	34.77%	29.37%	25.14%	54.83%	42.21%
EBITDA	8.53	9.35	9.79	11.04	10.95
EBITDA Margin	4.13%	4.90%	4.57%	5.08%	4.95%
Effective Tax Rate	21.06%	21.45%	20.99%	20.38%	19.84%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q