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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
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 |
Interest Income on Loans | 223.53 | 211.2 | 202.27 | 176.6 | 137.95 | 120.54 |
Interest Income on Investments | 42.05 | 40.8 | 38.63 | 35.44 | 23.21 | 14.5 |
Total Interest Income | 265.58 | 252 | 240.9 | 212.03 | 161.17 | 135.04 |
Interest Paid on Deposits | 82.06 | 79.36 | 87.08 | 64.99 | 17 | 8.29 |
Interest Paid on Borrowings | 4.35 | 5.64 | 6.72 | 7.3 | 5.69 | 4.98 |
Total Interest Expense | 86.41 | 85 | 93.8 | 72.29 | 22.69 | 13.27 |
Net Interest Income | 179.17 | 167 | 147.1 | 139.75 | 138.48 | 121.76 |
Net Interest Income Growth | 14.21% | 13.53% | 5.26% | 0.92% | 13.73% | -0.43% |
Trust Income | 3.09 | 2.93 | 2.72 | 2.43 | 2.39 | 2.92 |
Mortgage Banking Activities | 4.31 | 1.08 | 3.66 | 2.79 | 10.61 | 8.54 |
Gain (Loss) on Sale of Assets | - | - | - | 33.78 | - | - |
Gain (Loss) on Sale of Investments | - | - | - | -3.41 | - | - |
Other Non-Interest Income | 21.51 | 22.45 | 23.14 | 22.07 | 35.56 | 27.86 |
Total Non-Interest Income | 47.54 | 44.89 | 48.07 | 75.82 | 76.15 | 97.47 |
Non-Interest Income Growth | 1.70% | -6.62% | -36.59% | -0.43% | -21.88% | -4.07% |
Revenues Before Loan Losses | 226.71 | 211.89 | 195.17 | 215.56 | 214.62 | 219.23 |
Provision for Loan Losses | 2.89 | 5.2 | 4.3 | 4.61 | -2.62 | -1.92 |
| 223.82 | 206.69 | 190.87 | 210.95 | 217.24 | 221.15 | |
Revenue Growth | 12.47% | 8.29% | -9.52% | -2.89% | -1.77% | 11.51% |
Salaries and Employee Benefits | 78.63 | 74.32 | 72.02 | 77.22 | 83.57 | 91.72 |
Occupancy Expenses | 13.94 | 13.65 | 13.71 | 13.2 | 13.09 | 12.06 |
Selling, General & Administrative | 23.69 | 21.06 | 19.37 | 18.35 | 22.79 | 18.12 |
Other Non-Interest Expense | 25.19 | 23.59 | 22.48 | 22.76 | 24.65 | 26.13 |
Total Non-Interest Expense | 141.44 | 132.62 | 127.58 | 131.54 | 144.09 | 148.03 |
EBT Excluding Unusual Items | 82.39 | 74.07 | 63.29 | 79.42 | 73.15 | 73.12 |
Pretax Income | 82.39 | 74.07 | 63.29 | 79.42 | 73.15 | 73.12 |
Income Tax Expense | 17.28 | 15.6 | 13.58 | 16.67 | 14.91 | 14.51 |
Net Income | 65.11 | 58.47 | 49.72 | 62.75 | 58.24 | 58.61 |
Net Income to Common | 65.11 | 58.47 | 49.72 | 62.75 | 58.24 | 58.61 |
Net Income Growth | 19.23% | 17.61% | -20.76% | 7.74% | -0.64% | 29.24% |
Basic Shares Outstanding | 17 | 16 | 16 | 17 | 17 | 18 |
Diluted Shares Outstanding | 18 | 17 | 17 | 17 | 18 | 18 |
Shares Change | 3.79% | -0.28% | -1.74% | -3.81% | -2.56% | 0.83% |
EPS (Basic) | 3.84 | 3.59 | 3.03 | 3.73 | 3.35 | 3.26 |
EPS (Diluted) | 3.68 | 3.44 | 2.92 | 3.62 | 3.23 | 3.17 |
EPS Growth | 15.00% | 17.81% | -19.34% | 12.07% | 1.89% | 28.34% |
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 |
Dividend Per Share | 0.660 | 0.620 | 0.560 | 0.520 | 0.460 | 0.300 |
Dividend Growth | 11.86% | 10.71% | 7.69% | 13.04% | 53.33% | 114.29% |
Effective Tax Rate | 20.97% | 21.06% | 21.45% | 20.99% | 20.38% | 19.84% |