South Plains Financial, Inc. (SPFI) Interest Expense - Debt (2018 - 2026)
South Plains Financial (SPFI) reported Interest Expense - Debt of $662,000 for Q2 2026, down 20.7% from $835,000 a year earlier but up 0.5% from the prior quarter.
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Analysis
South Plains Financial, Inc. (SPFI) Interest Expense - Debt (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, South Plains Financial's Interest Expense - Debt came in at $2.57 million, down 23.1% year-over-year; for FY2025, it was $2.91 million, down 13.8% from FY2024.
- Interest Expense - Debt has declined for four consecutive years, though with a five-year compound annual growth rate of 5.6% (FY2020 to FY2025).
- By year, Interest Expense - Debt came in at $3.38 million in FY2024 (-15.9%), $4.02 million in FY2023 (-0.8%), $4.05 million in FY2022 (-0.1%) and $4.06 million in FY2021 (+82.5%).
- Five-year quarterly Interest Expense - Debt spans a low of $409,000 in Q4 2025 and a high of $1.01 million in Q2 2023.
- Year over year, Interest Expense - Debt has now declined in each of the last 11 quarters, with an average decline of 16.5% over the last eight quarters.
- The high point for year-over-year Interest Expense - Debt in five years was Q3 2021 (growth of 151.4%); the low point was Q4 2025 (a decline of 49.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $659,000 (Q1 2026), $409,000 (Q4 2025) and $835,000 (Q3 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 662,000.00 |
| Mar 31, 2026 | 659,000.00 |
| Dec 31, 2025 | 409,000.00 |
| Sep 30, 2025 | 835,000.00 |
| Jun 30, 2025 | 835,000.00 |
| Mar 31, 2025 | 835,000.00 |
| Dec 31, 2024 | 806,000.00 |
| Sep 30, 2024 | 858,000.00 |
| Jun 30, 2024 | 856,000.00 |
| Mar 31, 2024 | 861,000.00 |
| Dec 31, 2023 | 981,000.00 |
| Sep 30, 2023 | 1.01 Mn |
| Jun 30, 2023 | 1.01 Mn |
| Mar 31, 2023 | 1.01 Mn |
| Dec 31, 2022 | 1.01 Mn |
| Sep 30, 2022 | 1.01 Mn |
| Jun 30, 2022 | 1.01 Mn |
| Mar 31, 2022 | 1.01 Mn |
| Dec 31, 2021 | 1.01 Mn |
| Sep 30, 2021 | 1.01 Mn |
API Access
South Plains Financial, Inc. Interest Expense - Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=SPFI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "SPFI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=SPFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();