South Plains Financial, Inc. (SPFI)

South Plains Financial Cash Flow 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	51.14	49.72	62.75	58.24	58.61	45.35
Depreciation & Amortization	9.35	9.35	9.79	11.04	10.95	9.74
Gain (Loss) on Sale of Assets	-0.26	-0.11	-33.91	-0.17	-0.73	-2.54
Gain (Loss) on Sale of Investments	-	-	3.41	-	-	-
Provision for Credit Losses	3.89	4.3	4.61	-2.62	-1.92	25.57
Net Decrease (Increase) in Loans Originated / Sold - Operating	11.34	3.52	25.46	63.8	76.96	-8.74
Accrued Interest Receivable	1.58	1.42	-8.5	-1.07	3.38	-3.08
Change in Other Net Operating Assets	-3.01	0.74	2.66	16.92	-0.19	1.67
Other Operating Activities	0.34	-1.36	1.14	-4.54	-1.25	-0.09
Operating Cash Flow	66.32	59.38	58.54	123.59	96.27	5.63
Operating Cash Flow Growth	26.74%	1.44%	-52.63%	28.38%	1610.88%	-81.54%
Capital Expenditures	-4.01	-3.35	-4.68	-4.47	-2.92	-3.31
Sale of Property, Plant and Equipment	2.47	0.38	0.97	0.48	1.46	0.22
Cash Acquisitions	-	-	-	-	-	-0.69
Investment in Securities	32.31	33.16	93.04	-95.46	58.78	-70.36
Divestitures	-	-	36.08	-	-	-
Net Decrease (Increase) in Loans Originated / Sold - Investing	-69.14	-46.29	-270.2	-311.46	-218.46	-84.99
Other Investing Activities	2.17	2.18	1.42	2.05	1.3	2.9
Investing Cash Flow	-36.2	-13.93	-143.38	-408.86	-159.84	-156.23
Long-Term Debt Issued	-	-	-	-	-	124.07
Total Debt Issued	-	-	-	-	-	124.07
Short-Term Debt Repaid	-	-	-	-	-26.55	-10.62
Long-Term Debt Repaid	-	-	-12.37	-	-75	-95
Total Debt Repaid	-	-	-12.37	-	-101.55	-105.62
Net Debt Issued (Repaid)	-	-	-12.37	-	-101.55	18.46
Issuance of Common Stock	0.24	-	-	-	-	-
Repurchase of Common Stock	-10.44	-2.1	-18.49	-23.87	-9.85	-0.61
Common Dividends Paid	-9.5	-9.15	-8.75	-8.01	-5.39	-2.53
Net Increase (Decrease) in Deposit Accounts	153.95	-5.28	219.72	65.21	366.87	277.49
Financing Cash Flow	134.24	-16.53	180.11	33.33	250.08	292.81
Net Cash Flow	164.36	28.92	95.28	-251.94	186.51	142.21
Free Cash Flow	62.3	56.03	53.86	119.12	93.35	2.32
Free Cash Flow Growth	27.85%	4.03%	-54.79%	27.61%	3928.96%	-91.25%
Free Cash Flow Margin	32.17%	29.35%	25.53%	54.83%	42.21%	1.17%
Free Cash Flow Per Share	3.65	3.29	3.11	6.61	5.05	0.13
Cash Interest Paid	91.05	92.75	70.07	21.77	13.47	16.12
Cash Income Tax Paid	12.54	12.54	19.39	13.84	12.4	13.51

Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q