South Plains Financial (SPFI) Interest Expenses (2018 - 2026)
South Plains Financial (SPFI) recorded quarterly Interest Expenses of $19.8 million in Q1 2026, down 3.38% quarter-over-quarter from $20.5 million in Q4 2025, and down 7.55% on a YoY basis from $21.4 million in Q1 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 $19.8 million for Q1 2026.
- In Q1 2026, Interest Expenses fell 7.55% year-over-year to $19.8 million; the TTM figure through Mar 2026 stood at $83.4 million (down 9.2% YoY), while the FY2025 annual figure was $85.0 million, down 9.38% from the prior year.
- Interest Expenses was $19.8 million for Q1 2026 at South Plains Financial, down from $20.5 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $24.3 million in Q3 2024 to a low of $3.1 million in Q1 2022.
- Historically, Interest Expenses has averaged $17.3 million across 5 years, with a median of $20.8 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Interest Expenses jumped 345.3% in 2023, then slipped 11.69% in 2025.
- A 5-year view of Interest Expenses shows it stood at $9.9 million in 2022, then surged by 122.83% to $22.1 million in 2023, then grew by 3.18% to $22.8 million in 2024, then fell by 10.12% to $20.5 million in 2025, then retreated by 3.38% to $19.8 million in 2026.
- The last three Interest Expenses figures came in at $19.8 million (Q1 2026), $20.5 million (Q4 2025), and $21.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -227,416.00 |
| 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 | - | 5.23 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 38.44 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | South Plains Financial | 691.74 Mn | -40.42 Mn | - | 19.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.78 Mn |
| Mar 31, 2026 | 19.78 Mn |
| Dec 31, 2025 | 20.47 Mn |
| Dec 31, 2025 | 20.47 Mn |
| Sep 30, 2025 | 21.50 Mn |
| Sep 30, 2025 | 21.50 Mn |
| Jun 30, 2025 | 21.63 Mn |
| Jun 30, 2025 | 21.63 Mn |
| Mar 31, 2025 | 21.40 Mn |
| Mar 31, 2025 | 21.40 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 | 23.32 Mn |
| Jun 30, 2024 | 23.32 Mn |
| Mar 31, 2024 | 23.36 Mn |
| Mar 31, 2024 | 23.36 Mn |
| Dec 31, 2023 | 22.07 Mn |
| Dec 31, 2023 | 22.07 Mn |