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