South Plains Financial (SPFI) Interest Expense - Deposits (2018 - 2026)
South Plains Financial (SPFI) recorded quarterly Interest Expense - Deposits of $18.9 million in Q1 2026, down 3.39% quarter-over-quarter from $19.5 million in Q4 2025, and down 4.79% on a YoY basis from $19.8 million in Q1 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.
- In Q1 2026, Interest Expense - Deposits fell 4.79% year-over-year to $18.9 million; the TTM figure through Mar 2026 stood at $78.4 million (down 8.02% YoY), while the FY2025 annual figure was $79.4 million, down 8.87% from the prior year.
- Interest Expense - Deposits was $18.9 million for Q1 2026 at South Plains Financial, down from $19.5 million in the prior quarter.
- In the past five years, Interest Expense - Deposits ranged from a high of $22.7 million in Q3 2024 to a low of $1.9 million in Q1 2022.
- Historically, Interest Expense - Deposits has averaged $15.7 million across 5 years, with a median of $19.5 million in 2025.
- The sharpest annual moves came in 2022 and 2023: Interest Expense - Deposits dropped 12.38% in 2022, then jumped 522.92% in 2023.
- A 5-year view of Interest Expense - Deposits shows it 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.
- The last three Interest Expense - Deposits figures came in at $18.9 million (Q1 2026), $19.5 million (Q4 2025), and $19.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 3.51 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 4.61 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 2.05 Bn |
| 10 | South Plains Financial | 691.74 Mn | -40.42 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 |