South Plains Financial (SPFI) Interest Expenses (2018 - 2026)
South Plains Financial (SPFI) posted Interest Expenses of $24.7 million for Q2 2026, up 24.64% on a QoQ basis from $19.8 million in Q1 2026, and up 13.97% year-over-year from $21.6 million in Q2 2025.
South Plains Financial (SPFI) Interest Expenses (2018 - 2026) Analysis & Trends
South Plains Financial has reported Interest Expenses for 9 years, with the latest figure at $24.7 million in Q2 2026.
- On a quarterly basis, Interest Expenses rose 13.97% year-over-year to $24.7 million in Q2 2026; TTM through Jun 2026 was $86.4 million, a 4.15% decrease from a year earlier, with the FY2025 full-year figure at $85.0 million, down 9.38% from the prior year.
- Interest Expenses was $24.7 million for Q2 2026 at South Plains Financial, up from $19.8 million in the prior quarter.
- The five-year high for Interest Expenses was $24.7 million in Q2 2026, with the low at $3.1 million in Q1 2022.
- Average Interest Expenses over 5 years is $17.7 million, with a median of $21.1 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2025: Interest Expenses surged 345.3% in 2023, then dropped 11.69% in 2025.
- Over 5 years, Interest Expenses stood at $9.9 million in 2022, then soared by 122.83% to $22.1 million in 2023, then increased by 3.18% to $22.8 million in 2024, then retreated by 10.12% to $20.5 million in 2025, then advanced by 20.43% to $24.7 million in 2026.
- The last three Interest Expenses figures came in at $24.7 million (Q2 2026), $19.8 million (Q1 2026), and $20.5 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 2.35 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 1.16 Bn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 828.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.33 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 912.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 471.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 809.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 1.20 Bn |
| 10 | South Plains Financial | 826.66 Mn | 38.90 Mn | - | 24.65 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.65 Mn |
| Mar 31, 2026 | 19.78 Mn |
| Dec 31, 2025 | 20.47 Mn |
| Sep 30, 2025 | 21.50 Mn |
| Jun 30, 2025 | 21.63 Mn |
| Mar 31, 2025 | 21.40 Mn |
| Dec 31, 2024 | 22.78 Mn |
| Sep 30, 2024 | 24.35 Mn |
| Jun 30, 2024 | 23.32 Mn |
| Mar 31, 2024 | 23.36 Mn |
| Dec 31, 2023 | 22.07 Mn |
| Sep 30, 2023 | 20.84 Mn |
| Jun 30, 2023 | 16.24 Mn |
| Mar 31, 2023 | 13.13 Mn |
| Dec 31, 2022 | 9.91 Mn |
| Sep 30, 2022 | 6.01 Mn |
| Jun 30, 2022 | 3.65 Mn |
| Mar 31, 2022 | 3.13 Mn |
| Dec 31, 2021 | 3.15 Mn |
| Sep 30, 2021 | 3.26 Mn |
South Plains Financial Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=SPFI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "SPFI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=SPFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();