South Plains Financial (SPFI) Interest Expenses (2018 - 2026)

South Plains Financial's (SPFI) quarterly Interest Expenses came in at $71.5 million in Q1 2026, down 17.0% year-on-year from $86.2 million in Q1 2025, and up 231.78% quarter-over-quarter from $21.6 million in Q4 2025.

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

South Plains Financial's Interest Expenses history runs 9 years deep, the most recent figure standing at $71.5 million for Q1 2026.

  • On a quarterly basis, Interest Expenses fell 17.0% year-over-year to $71.5 million in Q1 2026; TTM through Mar 2026 was $71.5 million, a 17.0% decrease from a year earlier, with the FY2025 full-year figure at $86.1 million, down 8.22% from the prior year.
  • Interest Expenses grew to $71.5 million in Q1 2026 per SPFI's latest filing, from $21.6 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $97.8 million in Q2 2023 and bottomed at $421000.0 in Q4 2022.
  • The 5-year median for Interest Expenses is $25.8 million (2024), against an average of $49.9 million.
  • Across the five-year window, Interest Expenses sank 84.39% in 2022 and soared 5143.23% in 2023, its largest moves.
  • Year by year, Interest Expenses stood at $421000.0 in 2022, then surged by 5143.23% to $22.1 million in 2023, then rose by 1.12% to $22.3 million in 2024, then slipped by 3.39% to $21.6 million in 2025, then soared by 231.78% to $71.5 million in 2026.
  • Per Business Quant, the three latest SPFI Interest Expenses figures stand at $71.5 million (Q1 2026), $21.6 million (Q4 2025), and $75.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 KB Financial 42,090.38 Bn 42,090.38 Bn -786,828.77 -275.78 Mn
2 Shinhan Financial 33,919.15 Bn 33,919.15 Bn - -2.77 Bn
3 Bank Of Chile 4,123.52 Bn 4,123.52 Bn 167,623.00 -227,416.00
4 Lloyds Banking 360.83 Bn 360.83 Bn - -
5 First Capital 204.17 Bn 203.82 Bn - 19.98 Mn
6 Landmark Bancorp 187.97 Bn 187.94 Bn - 5.30 Mn
7 NatWest 144.82 Bn -51.17 Bn - -
8 Pnc Financial Services 101.80 Bn 101.80 Bn - 2.53 Bn
9 Us Bancorp 99.51 Bn 99.51 Bn - 4.92 Bn
10 South Plains Financial 729.93 Mn -42.06 Mn - 71.55 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 71.55 Mn
Mar 31, 2026 71.55 Mn
Dec 31, 2025 21.57 Mn
Dec 31, 2025 21.57 Mn
Sep 30, 2025 75.57 Mn
Sep 30, 2025 75.57 Mn
Jun 30, 2025 87.60 Mn
Jun 30, 2025 87.60 Mn
Mar 31, 2025 86.20 Mn
Mar 31, 2025 86.20 Mn
Dec 31, 2024 22.32 Mn
Dec 31, 2024 22.32 Mn
Sep 30, 2024 25.81 Mn
Sep 30, 2024 25.81 Mn
Jun 30, 2024 92.34 Mn
Jun 30, 2024 92.34 Mn
Mar 31, 2024 92.90 Mn
Mar 31, 2024 92.90 Mn
Dec 31, 2023 22.07 Mn
Dec 31, 2023 22.07 Mn