South Plains Financial, Inc. (SPFI)

South Plains Financial Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	235.1	211.2	202.27	176.6	137.95	120.54
Interest Income on Investments	42.37	40.8	38.63	35.44	23.21	14.5
Total Interest Income	277.47	252	240.9	212.03	161.17	135.04
Interest Paid on Deposits	86.17	79.36	87.08	64.99	17	8.29
Interest Paid on Borrowings	3.68	5.64	6.72	7.3	5.69	4.98
Total Interest Expense	89.85	85	93.8	72.29	22.69	13.27
Net Interest Income	187.61	167	147.1	139.75	138.48	121.76
Net Interest Income Growth	15.38%	13.53%	5.26%	0.92%	13.73%	-0.43%
Trust Income	3.22	2.93	2.72	2.43	2.39	2.92
Mortgage Banking Activities	7.16	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	21.46	22.45	23.14	22.07	35.56	27.86
Total Non-Interest Income	50.18	44.89	48.07	75.82	76.15	97.47
Non-Interest Income Growth	6.15%	-6.62%	-36.59%	-0.43%	-21.88%	-4.07%
Revenues Before Loan Losses	237.79	211.89	195.17	215.56	214.62	219.23
Provision for Loan Losses	3.22	5.2	4.3	4.61	-2.62	-1.92
Revenue	234.58	206.69	190.87	210.95	217.24	221.15
Revenue Growth	14.29%	8.29%	-9.52%	-2.89%	-1.77%	11.51%
Salaries and Employee Benefits	80.78	74.32	72.02	77.22	83.57	91.72
Occupancy Expenses	14.16	13.65	13.71	13.2	13.09	12.06
Selling, General & Administrative	23.87	21.06	19.37	18.35	22.79	18.12
Other Non-Interest Expense	25.08	23.59	22.48	22.76	24.65	26.13
Total Non-Interest Expense	143.89	132.62	127.58	131.54	144.09	148.03
EBT Excluding Unusual Items	90.69	74.07	63.29	79.42	73.15	73.12
Pretax Income	88.09	74.07	63.29	79.42	73.15	73.12
Income Tax Expense	18.54	15.6	13.58	16.67	14.91	14.51
Net Income	69.56	58.47	49.72	62.75	58.24	58.61
Net Income to Common	69.56	58.47	49.72	62.75	58.24	58.61
Net Income Growth	16.48%	17.61%	-20.76%	7.74%	-0.64%	29.24%
Basic Shares Outstanding	18	16	16	17	17	18
Diluted Shares Outstanding	18	17	17	17	18	18
Shares Change	7.75%	-0.28%	-1.74%	-3.81%	-2.56%	0.83%
EPS (Basic)	3.95	3.59	3.03	3.73	3.35	3.26
EPS (Diluted)	3.79	3.44	2.92	3.62	3.23	3.17
EPS Growth	7.90%	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share	0.680	0.620	0.560	0.520	0.460	0.300
Dividend Growth	11.47%	10.71%	7.69%	13.04%	53.33%	114.29%
Effective Tax Rate	21.04%	21.06%	21.45%	20.99%	20.38%	19.84%

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 13, 2026

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