South Plains Financial (SPFI) Interest Expense - Debt (2018 - 2026)

South Plains Financial (SPFI) recorded quarterly Interest Expense - Debt of $659000.0 in Q1 2026, up 26.49% quarter-over-quarter from $521000.0 in Q4 2025, and down 10.1% on a YoY basis from $733000.0 in Q1 2025.

South Plains Financial (SPFI) Interest Expense - Debt (2018 - 2026) Analysis & Trends

South Plains Financial's Interest Expense - Debt history runs 9 years deep, the most recent figure standing at $659000.0 for Q1 2026.

  • In Q1 2026, Interest Expense - Debt fell 10.1% year-over-year to $659000.0; the TTM figure through Mar 2026 stood at $2.7 million (down 17.23% YoY), while the FY2025 annual figure was $2.7 million, down 19.25% from the prior year.
  • Interest Expense - Debt was $659000.0 for Q1 2026 at South Plains Financial, up from $521000.0 in the prior quarter.
  • In the past five years, Interest Expense - Debt ranged from a high of $3.0 million in Q4 2022 to a low of $239000.0 in Q4 2023.
  • Historically, Interest Expense - Debt has averaged $850529.4 across 5 years, with a median of $789000.0 in 2023.
  • The sharpest annual moves came in 2023 and 2024: Interest Expense - Debt tumbled 92.15% in 2023, then surged 237.24% in 2024.
  • A 5-year view of Interest Expense - Debt shows it stood at $3.0 million in 2022, then sank by 92.15% to $239000.0 in 2023, then soared by 237.24% to $806000.0 in 2024, then slumped by 35.36% to $521000.0 in 2025, then advanced by 26.49% to $659000.0 in 2026.
  • The last three Interest Expense - Debt figures came in at $659000.0 (Q1 2026), $521000.0 (Q4 2025), and $741000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Debt (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
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 - 277,000.00
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 136.54 Bn 104.11 Bn - -
9 Mizuho Financial 112.02 Bn 112.56 Bn - 32.51 Bn
10 South Plains Financial 691.74 Mn -40.42 Mn - 659,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 659,000.00
Dec 31, 2025 521,000.00
Sep 30, 2025 741,000.00
Jun 30, 2025 735,000.00
Mar 31, 2025 733,000.00
Dec 31, 2024 806,000.00
Sep 30, 2024 835,000.00
Jun 30, 2024 835,000.00
Mar 31, 2024 861,000.00
Dec 31, 2023 239,000.00
Sep 30, 2023 862,000.00
Jun 30, 2023 789,000.00
Mar 31, 2023 1.01 Mn
Dec 31, 2022 3.05 Mn
Sep 30, 2022 457,000.00
Jun 30, 2022 317,000.00
Mar 31, 2022 1.01 Mn
Dec 31, 2021 1.01 Mn
Sep 30, 2021 1.01 Mn
Jun 30, 2021 1.01 Mn