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| Date | Value |
|---|---|
| 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 |