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