South Plains Financial (SPFI) Debt to Equity (2018 - 2026)

South Plains Financial (SPFI) recorded quarterly Debt to Equity of $0.09 in Q1 2026, down 2.2% quarter-over-quarter from $0.09 in Q4 2025, and down 36.3% on a YoY basis from $0.14 in Q1 2025.

South Plains Financial (SPFI) Debt to Equity (2018 - 2026) Analysis & Trends

South Plains Financial's Debt to Equity history runs 9 years deep, the most recent figure standing at $0.09 for Q1 2026.

  • In Q1 2026, Debt to Equity fell 36.3% year-over-year to $0.09; the TTM figure through Mar 2026 stood at $0.09 (down 36.3% YoY), while the FY2025 annual figure was $0.09, down 11.11% from the prior year.
  • Debt to Equity was $0.09 for Q1 2026 at South Plains Financial, down from $0.09 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.21 in Q4 2022 to a low of $0.09 in Q1 2026.
  • Historically, Debt to Equity has averaged $0.13 across 5 years, with a median of $0.13 in 2023.
  • The sharpest annual moves came in 2022 and 2023: Debt to Equity sank 51.8% in 2022, then surged 52.31% in 2023.
  • A 5-year view of Debt to Equity shows it stood at $0.21 in 2022, then fell by 26.37% to $0.16 in 2023, then sank by 32.53% to $0.11 in 2024, then dropped by 11.11% to $0.09 in 2025, then decreased by 2.2% to $0.09 in 2026.
  • The last three Debt to Equity figures came in at $0.09 (Q1 2026), $0.09 (Q4 2025), and $0.1 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - 3.41
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - 0.66
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - -
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 0.13
7 NatWest 168.65 Bn -51.67 Bn - 1.61
8 Shinhan Financial 136.54 Bn 104.11 Bn - 0.19
9 Mizuho Financial 112.02 Bn 112.56 Bn - 3.81
10 South Plains Financial 691.74 Mn -40.42 Mn - 0.09

Historic Data

Download Data
DateValue
Mar 31, 2026 0.09
Dec 31, 2025 0.09
Sep 30, 2025 0.10
Jun 30, 2025 0.14
Mar 31, 2025 0.14
Dec 31, 2024 0.11
Sep 30, 2024 0.10
Jun 30, 2024 0.11
Mar 31, 2024 0.16
Dec 31, 2023 0.16
Sep 30, 2023 0.12
Jun 30, 2023 0.19
Mar 31, 2023 0.13
Dec 31, 2022 0.21
Sep 30, 2022 0.14
Jun 30, 2022 0.13
Mar 31, 2022 0.12
Dec 31, 2021 0.19
Sep 30, 2021 0.19
Jun 30, 2021 0.20