South Plains Financial (SPFI) Interest Expense - Deposits (2018 - 2026)
South Plains Financial (SPFI) posted Interest Expense - Deposits of $23.7 million for Q2 2026, up 25.63% on a QoQ basis from $18.9 million in Q1 2026, and up 18.21% year-over-year from $20.1 million in Q2 2025.
South Plains Financial (SPFI) Interest Expense - Deposits (2018 - 2026) Analysis & Trends
South Plains Financial has reported Interest Expense - Deposits for 9 years, with the latest figure at $23.7 million in Q2 2026.
- On a quarterly basis, Interest Expense - Deposits rose 18.21% year-over-year to $23.7 million in Q2 2026; TTM through Jun 2026 was $82.1 million, a 1.93% decrease from a year earlier, with the FY2025 full-year figure at $79.4 million, down 8.87% from the prior year.
- Interest Expense - Deposits was $23.7 million for Q2 2026 at South Plains Financial, up from $18.9 million in the prior quarter.
- The five-year high for Interest Expense - Deposits was $23.7 million in Q2 2026, with the low at $1.9 million in Q1 2022.
- Average Interest Expense - Deposits over 5 years is $16.2 million, with a median of $19.7 million recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: Interest Expense - Deposits declined 12.38% in 2022, then surged 522.92% in 2023.
- Over 5 years, Interest Expense - Deposits stood at $8.3 million in 2022, then soared by 144.84% to $20.2 million in 2023, then grew by 4.54% to $21.1 million in 2024, then decreased by 7.55% to $19.5 million in 2025, then grew by 21.37% to $23.7 million in 2026.
- The last three Interest Expense - Deposits figures came in at $23.7 million (Q2 2026), $18.9 million (Q1 2026), and $19.5 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 1.58 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 891.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 104.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.05 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 747.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 385.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 600.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 881.00 Mn |
| 10 | South Plains Financial | 826.66 Mn | 38.90 Mn | - | 23.72 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.72 Mn |
| Mar 31, 2026 | 18.88 Mn |
| Dec 31, 2025 | 19.54 Mn |
| Sep 30, 2025 | 19.93 Mn |
| Jun 30, 2025 | 20.06 Mn |
| Mar 31, 2025 | 19.83 Mn |
| Dec 31, 2024 | 21.14 Mn |
| Sep 30, 2024 | 22.65 Mn |
| Jun 30, 2024 | 21.63 Mn |
| Mar 31, 2024 | 21.66 Mn |
| Dec 31, 2023 | 20.22 Mn |
| Sep 30, 2023 | 18.97 Mn |
| Jun 30, 2023 | 14.43 Mn |
| Mar 31, 2023 | 11.37 Mn |
| Dec 31, 2022 | 8.26 Mn |
| Sep 30, 2022 | 4.54 Mn |
| Jun 30, 2022 | 2.32 Mn |
| Mar 31, 2022 | 1.89 Mn |
| Dec 31, 2021 | 1.92 Mn |
| Sep 30, 2021 | 2.03 Mn |
South Plains Financial Interest Expense - Deposits 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-deposits&ticker=SPFI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "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-deposits&ticker=SPFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();