South Plains Financial (SPFI) Interest Expenses (2018 - 2026)
South Plains Financial (SPFI) posted quarterly Interest Expenses of $71.5 million for Q1 2026, down 17.0% year-over-year from $86.2 million in Q1 2025, and up 249.51% quarter-over-quarter from $20.5 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.
- In Q1 2026, Interest Expenses fell 17.0% year-over-year to $71.5 million; the TTM figure through Mar 2026 stood at $71.5 million (down 17.0% YoY), while the FY2025 annual figure was $86.1 million, down 8.22% from the prior year.
- Interest Expenses for Q1 2026 stood at $71.5 million, up from $20.5 million in the prior quarter.
- The five-year high for Interest Expenses was $97.8 million in Q2 2023, with the low at $3.6 million in Q1 2022.
- The 5-year median for Interest Expenses is $24.3 million (2024), against an average of $51.0 million.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses sank 72.77% in 2022, then soared 2576.78% in 2023.
- South Plains Financial's Interest Expenses stood at $20.3 million in 2022, then increased by 12.76% to $22.9 million in 2023, then declined by 0.45% to $22.8 million in 2024, then declined by 10.12% to $20.5 million in 2025, then surged by 249.51% to $71.5 million in 2026.
- Business Quant data shows SPFI's Interest Expenses at $71.5 million in Q1 2026, $20.5 million in Q4 2025, and $75.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 2.59 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 3.24 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -4.19 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 7.93 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 2.35 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 1.16 Bn |
| 10 | South Plains Financial | 843.30 Mn | 55.55 Mn | - | 24.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 67.78 Mn |
| Jun 30, 2026 | 67.78 Mn |
| Mar 31, 2026 | 71.55 Mn |
| Mar 31, 2026 | 71.55 Mn |
| Dec 31, 2025 | 20.47 Mn |
| Dec 31, 2025 | 20.47 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 | 22.78 Mn |
| Dec 31, 2024 | 22.78 Mn |
| Sep 30, 2024 | 24.35 Mn |
| Sep 30, 2024 | 24.35 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 |