South Plains Financial, Inc. (SPFI) Interest Expense - Deposits (2018 - 2026)
South Plains Financial's Interest Expense - Deposits was $23.72 million in Q2 2026, up 18.2% from $20.06 million a year earlier and up 25.6% from the prior quarter.
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Analysis
South Plains Financial, Inc. (SPFI) Interest Expense - Deposits (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, South Plains Financial's Interest Expense - Deposits was $82.06 million through Jun 30, 2026, down 1.9% year-over-year; for FY2025, it was $79.36 million, down 8.9% from FY2024.
- Interest Expense - Deposits shows a five-year compound annual growth rate of 46.2% (FY2020 to FY2025).
- In earlier years, Interest Expense - Deposits was $87.08 million in FY2024 (+34.0%), $64.99 million in FY2023 (+282.2%), $17 million in FY2022 (+105.0%) and $8.29 million in FY2021 (-30.3%).
- The Q2 2026 figure marks the highest quarterly Interest Expense - Deposits in data going back to Q1 2018.
- Compared with a year earlier, Interest Expense - Deposits was higher in three of the last eight quarters, with growth averaging 0.3%.
- The best year-over-year quarter for Interest Expense - Deposits over five years was Q2 2023 (growth of 522.9%); the worst was Q3 2021 (a decline of 19.3%).
- Per Business Quant data, SPFI's Interest Expense - Deposits in the three quarters before Q2 2026 was $18.88 million (Q1 2026), $19.54 million (Q4 2025) and $19.93 million (Q3 2025).
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Historic Data
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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 |
API Access
South Plains Financial, Inc. 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_KEYimport 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();