South Plains Financial, Inc. (SPFI)
NASDAQ: SPFI · Real-Time Price · USD
45.63
+0.34 (0.75%)
At close: Sep 4, 2026, 4:00 PM EDT
45.63
0.00 (0.00%)
After-hours: Sep 4, 2026, 4:10 PM EDT
South Plains Financial Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 786.39 | 551.07 | 357.71 | 328.62 | 233.34 | 485.28 |
Investment Securities | 195.62 | 195.8 | 199.3 | 208.38 | 255.26 | 315.1 |
Trading Asset Securities | 10.26 | 9.97 | 16 | 17.23 | 21.16 | 7.33 |
Mortgage-Backed Securities | 359.8 | 373.14 | 377.94 | 414.38 | 446.45 | 409.41 |
Total Investments | 565.69 | 578.91 | 593.24 | 639.99 | 722.87 | 731.83 |
Gross Loans | 3,771 | 3,145 | 3,055 | 3,014 | 2,748 | 2,439 |
Allowance for Loan Losses | -53.08 | -45.13 | -43.24 | -42.36 | -39.29 | -42.1 |
Other Adjustments to Gross Loans | - | - | - | - | - | -1.9 |
Net Loans | 3,718 | 3,099 | 3,012 | 2,972 | 2,709 | 2,395 |
Property, Plant & Equipment | 52.13 | 58.52 | 60.92 | 63.75 | 64.28 | 57.7 |
Goodwill | 66.59 | 19.32 | 19.32 | 19.32 | 19.51 | 19.51 |
Other Intangible Assets | 5.63 | 1.13 | 1.72 | 2.43 | 4.35 | 5.9 |
Loans Held for Sale | 11.62 | 9.99 | 20.54 | 14.5 | 30.4 | 76.51 |
Accrued Interest Receivable | 20.31 | 20.93 | 21.69 | 20.88 | 16.43 | 13.9 |
Restricted Cash | 1.37 | 1.37 | 1.37 | 1.54 | 1.54 | 1.54 |
Long-Term Deferred Tax Assets | 20.13 | 20.43 | 22.84 | 19.41 | 22.82 | 3.04 |
Other Real Estate Owned & Foreclosed | - | 1.75 | 0.53 | 0.91 | 0.17 | 1.03 |
Other Long-Term Assets | 143 | 117.7 | 120.55 | 121.65 | 119.56 | 110.14 |
Total Assets | 5,391 | 4,481 | 4,232 | 4,205 | 3,944 | 3,902 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accrued Expenses | 50.98 | 33.6 | 36.14 | 33 | 49.24 | 30.5 |
Interest Bearing Deposits | 3,311 | 2,650 | 2,477 | 2,482 | 2,125 | 2,106 |
Institutional Deposits | 177.82 | 200.6 | 208.8 | 170.4 | 131 | 163.4 |
Non-Interest Bearing Deposits | 1,152 | 1,024 | 935.51 | 974.2 | 1,150 | 1,071 |
Total Deposits | 4,641 | 3,874 | 3,621 | 3,626 | 3,406 | 3,341 |
Short-Term Borrowings | 0.05 | 0.07 | 0.01 | 0.43 | 0.13 | 0.54 |
Current Portion of Leases | - | 1.62 | - | - | - | - |
Other Current Liabilities | 9.3 | 10.5 | 17 | 18.3 | - | - |
Long-Term Debt | 14.1 | 14.1 | 63.96 | 63.78 | 75.96 | 75.78 |
Long-Term Leases | - | 6.31 | 8.91 | 9.63 | 8.9 | - |
Trust Preferred Securities | 46.39 | 46.39 | 46.39 | 46.39 | 46.39 | 46.39 |
Total Liabilities | 4,761 | 3,987 | 3,793 | 3,798 | 3,587 | 3,494 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 18.84 | 16.29 | 16.46 | 16.42 | 17.03 | 17.76 |
Additional Paid-In Capital | 194.25 | 91.07 | 97.29 | 97.11 | 112.83 | 133.22 |
Retained Earnings | 461.71 | 434.2 | 385.83 | 345.26 | 292.26 | 242.75 |
Comprehensive Income & Other | -45.03 | -47.72 | -60.62 | -51.67 | -65.11 | 13.7 |
Shareholders' Equity | 629.77 | 493.84 | 438.95 | 407.11 | 357.01 | 407.43 |
Total Liabilities & Equity | 5,391 | 4,481 | 4,232 | 4,205 | 3,944 | 3,902 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 60.54 | 68.49 | 119.27 | 120.23 | 131.38 | 122.7 |
Net Cash (Debt) | 736.11 | 492.55 | 254.44 | 225.62 | 123.13 | 369.91 |
Net Cash Growth | 99.41% | 93.58% | 12.77% | 83.24% | -66.71% | 367.34% |
Net Cash Per Share | 41.60 | 29.00 | 14.94 | 13.02 | 6.83 | 20.00 |
Filing Date Shares Outstanding | 18.84 | 16.33 | 16.49 | 16.43 | 17.05 | 17.69 |
Total Common Shares Outstanding | 18.84 | 16.29 | 16.46 | 16.42 | 17.03 | 17.76 |
Book Value Per Share | 33.43 | 30.31 | 26.67 | 24.80 | 20.97 | 22.94 |
Tangible Book Value | 557.55 | 473.39 | 417.91 | 385.37 | 333.16 | 382.02 |
Tangible Book Value Per Share | 29.60 | 29.05 | 25.40 | 23.47 | 19.57 | 21.51 |