SPFI
SOUTH PLAINS FINANCIAL, INC.
NASDAQ · Financial Services · Banks - Regional · US
$43.89
+1.09%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 319.3M | 296.9M | 283.1M | 248.5M | 231.9M |
| Cost of Revenue | 88.6M | 90.2M | 98.1M | 76.9M | 20.1M |
| Gross Profit | 230.7M | 206.7M | 185.0M | 171.6M | 211.9M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 98.8M | 93.0M | 78.1M | 82.8M | 89.9M |
| General & Admin Expense | 97.8M | 93.0M | 74.3M | 79.4M | 86.3M |
| Selling & Marketing Expense | 1.0M | — | 3.8M | 3.5M | 3.6M |
| Other Expenses | 43.8M | 39.6M | 43.6M | 9.4M | 48.8M |
| Total Operating Expenses | 142.6M | 132.6M | 121.7M | 92.2M | 138.7M |
| Cost and Expenses | 231.2M | 222.8M | 219.8M | 169.1M | 158.8M |
| Operating Income (EBIT) | 88.1M | 74.1M | 63.3M | 79.4M | 73.2M |
| Non-Operating | |||||
| Interest Income | 277.5M | 252.0M | 240.9M | 212.0M | 161.2M |
| Interest Expense | 89.9M | 85.0M | 93.8M | 72.3M | 22.7M |
| Net Interest Income | 187.6M | 167.0M | 147.1M | 139.7M | 138.5M |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | (24.9M) | — | — | — | — |
| EBT (Pre-Tax Income) | 88.1M | 74.1M | 63.3M | 79.4M | 73.2M |
| Income Tax Expense | 18.5M | 15.6M | 13.6M | 16.7M | 14.9M |
| Bottom Line | |||||
| Net Income | 69.6M | 58.5M | 49.7M | 62.7M | 58.2M |
| Earnings from Cont. Ops | 69.6M | 58.5M | 49.7M | 62.7M | 58.2M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 69.6M | 58.5M | 49.7M | 62.7M | 58.2M |
| Per Share | |||||
| Basic EPS | $3.92 | $3.60 | $3.03 | $3.73 | $3.35 |
| Diluted EPS | $3.77 | $3.44 | $2.92 | $3.62 | $3.23 |
| Revenue Per Share | $16.94 | $18.28 | $17.20 | $15.14 | $13.62 |
| Shares | |||||
| Basic Shares Outstanding | 18.8M | 16.2M | 16.5M | 16.4M | 17.0M |
| Diluted Shares Outstanding | 19.6M | 17.0M | 16.5M | 16.4M | 17.0M |
| Profitability Metrics | |||||
| EBITDA | 119.1M | 79.9M | 69.8M | 85.8M | 80.1M |
| D&A | 6.1M | 5.8M | 6.5M | 6.4M | 7.0M |
| EBIT | 113.0M | 74.1M | 63.3M | 79.4M | 73.2M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026