South Plains Financial, Inc. (SPFI) — Financial statements
Income statement, balance sheet, and cash flow for South Plains Financial, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 297↑4.9% | 283↑13.9% | 249↑7.1% | 232↑1.9% | 228 | |
| Cost of Revenue | 90↓8.1% | 98↑27.6% | 77↑283.1% | 20↑76.8% | 11 | |
| Gross Profit | 207↑11.7% | 185↑7.8% | 172↓19.0% | 212↓2.0% | 216 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 93↑25.1% | 74↓6.3% | 79↓8.0% | 86↓7.5% | 93 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 4↑9.5% | 3↓4.5% | 4↑12.1% | 3 | |
| SG&A Expenses | 93↑19.0% | 78↓5.7% | 83↓7.9% | 90↓6.9% | 97 | |
| Other Expenses | 40↓9.1% | 44↑365.1% | 9↓80.8% | 49↑5.0% | 46 | |
| Operating Expenses | 133↑9.0% | 122↑32.0% | 92↓33.5% | 139↓3.0% | 143 | |
| Total Costs & Expenses | 223↑1.4% | 220↑30.0% | 169↑6.5% | 159↑2.8% | 154 | |
| Operating Results | ||||||
| Operating Income | 74↑17.0% | 63↓20.3% | 79↑8.6% | 73↑0.0% | 73 | |
| Depreciation & Amortization | 0.00↓100.0% | 7↑1.5% | 6↓7.9% | 7↑7.2% | 7 | |
| EBITDA | 74↑6.1% | 70↓18.7% | 86↑7.1% | 80↑0.7% | 80 | |
| EBIT | 74↑17.0% | 63↓20.3% | 79↑8.6% | 73↑0.0% | 73 | |
| Interest & Other Income | ||||||
| Net Interest Income | 167↑13.5% | 147↑5.3% | 140↑0.9% | 138↑13.7% | 122 | |
| Interest Income | 252↑4.6% | 241↑13.6% | 212↑31.6% | 161↑19.4% | 135 | |
| Interest Expense | 85↓9.4% | 94↑29.8% | 72↑218.6% | 23↑71.0% | 13 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 74↑17.0% | 63↓20.3% | 79↑8.6% | 73↑0.0% | 73 | |
| Income Tax Expense | 16↑14.9% | 14↓18.6% | 17↑11.8% | 15↑2.8% | 15 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 58↑17.6% | 50↓20.8% | 63↑7.7% | 58↓0.6% | 59 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 58↑17.6% | 50↓20.8% | 63↑7.7% | 58↓0.6% | 59 | |
| Bottom-Line Net Income | 58↑17.6% | 50↓20.8% | 63↑7.7% | 58↓0.6% | 59 | |
| EPS (Basic) | 3.60↑18.8% | 3.03↓18.8% | 3.73↑11.3% | 3.35↑2.8% | 3.26 | |
| EPS (Diluted) | 3.44↑17.8% | 2.92↓19.3% | 3.62↑12.1% | 3.23↑1.9% | 3.17 | |
| Weighted Average Shares | 16↓1.3% | 16↑0.2% | 16↓3.6% | 17↓4.1% | 18 | |
| Weighted Average Diluted Shares | 17↑3.3% | 16↑0.2% | 16↓3.6% | 17↓4.1% | 18 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.