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