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

South Plains Financial's (SPFI) quarterly Interest Expense - Debt came in at $243000.0 in Q1 2026, down 66.85% year-on-year from $733000.0 in Q1 2025, and down 40.59% quarter-over-quarter from $409000.0 in Q4 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 $243000.0 for Q1 2026.

  • On a quarterly basis, Interest Expense - Debt fell 66.85% year-over-year to $243000.0 in Q1 2026; TTM through Mar 2026 was $2.2 million, a 32.28% decrease from a year earlier, with the FY2025 full-year figure at $2.9 million, down 13.81% from the prior year.
  • Interest Expense - Debt retreated to $243000.0 in Q1 2026 per SPFI's latest filing, from $409000.0 in the prior quarter.
  • Across five years, Interest Expense - Debt topped out at $3.0 million in Q4 2022 and bottomed at $231000.0 in Q1 2022.
  • The 5-year median for Interest Expense - Debt is $834000.0 (2024), against an average of $826941.2.
  • Across the five-year window, Interest Expense - Debt tumbled 77.33% in 2022 and jumped 338.1% in 2023, its largest moves.
  • Year by year, Interest Expense - Debt stood at $3.0 million in 2022, then plunged by 67.78% to $981000.0 in 2023, then fell by 14.98% to $834000.0 in 2024, then tumbled by 50.96% to $409000.0 in 2025, then slumped by 40.59% to $243000.0 in 2026.
  • Per Business Quant, the three latest SPFI Interest Expense - Debt figures stand at $243000.0 (Q1 2026), $409000.0 (Q4 2025), and $835000.0 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Debt (Qtr)
1 KB Financial 42,090.38 Bn 42,090.38 Bn -786,828.77 -
2 Shinhan Financial 33,919.15 Bn 33,919.15 Bn - -
3 Bank Of Chile 4,123.52 Bn 4,123.52 Bn 167,623.00 -
4 Lloyds Banking 360.83 Bn 360.83 Bn - -
5 First Capital 204.17 Bn 203.82 Bn - -
6 Landmark Bancorp 187.97 Bn 187.94 Bn - 277,000.00
7 NatWest 144.82 Bn -51.17 Bn - -
8 Pnc Financial Services 101.80 Bn 101.80 Bn - 748.00 Mn
9 Us Bancorp 99.51 Bn 99.51 Bn - 645.00 Mn
10 South Plains Financial 729.93 Mn -42.06 Mn - 243,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 243,000.00
Dec 31, 2025 409,000.00
Sep 30, 2025 835,000.00
Jun 30, 2025 735,000.00
Mar 31, 2025 733,000.00
Dec 31, 2024 834,000.00
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 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 231,000.00
Dec 31, 2021 1.01 Mn
Sep 30, 2021 1.01 Mn
Jun 30, 2021 221,000.00