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

South Plains Financial's (SPFI) quarterly Interest Expense - Deposits came in at $18.9 million in Q1 2026, down 4.79% year-on-year from $19.8 million in Q1 2025, and down 3.39% quarter-over-quarter from $19.5 million in Q4 2025.

South Plains Financial (SPFI) Interest Expense - Deposits (2018 - 2026) Analysis & Trends

South Plains Financial's Interest Expense - Deposits history runs 9 years deep, the most recent figure standing at $18.9 million for Q1 2026.

  • On a quarterly basis, Interest Expense - Deposits fell 4.79% year-over-year to $18.9 million in Q1 2026; TTM through Mar 2026 was $78.4 million, a 8.02% 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 eased to $18.9 million in Q1 2026 per SPFI's latest filing, from $19.5 million in the prior quarter.
  • Across five years, Interest Expense - Deposits topped out at $22.7 million in Q3 2024 and bottomed at $1.9 million in Q1 2022.
  • The 5-year median for Interest Expense - Deposits is $19.5 million (2025), against an average of $15.7 million.
  • Across the five-year window, Interest Expense - Deposits fell 12.38% in 2022 and soared 522.92% in 2023, its largest moves.
  • Year by year, Interest Expense - Deposits stood at $8.3 million in 2022, then surged by 144.84% to $20.2 million in 2023, then climbed by 4.54% to $21.1 million in 2024, then retreated by 7.55% to $19.5 million in 2025, then dropped by 3.39% to $18.9 million in 2026.
  • Per Business Quant, the three latest SPFI Interest Expense - Deposits figures stand at $18.9 million (Q1 2026), $19.5 million (Q4 2025), and $19.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense - Deposits (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - 5.24 Bn
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 3.51 Mn
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 4.61 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 1.74 Bn
10 South Plains Financial 722.10 Mn -49.89 Mn - 18.88 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 2.19 Mn