South Plains Financial (SPFI) Interest Expenses (2018 - 2026)
South Plains Financial's quarterly Interest Expenses came in at $19.8 million in Q1 2026, down 7.55% year-on-year from $21.4 million in Q1 2025, and down 3.38% quarter-over-quarter from $20.5 million in Q4 2025.
South Plains Financial has reported Interest Expenses for 9 years, with the latest figure at $19.8 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses fell 7.55% year-over-year to $19.8 million; the trailing twelve-month figure through Mar 2026 stood at $83.4 million (down 9.2% YoY), and the FY2025 full-year result was $85.0 million, down 9.38% from the prior year.
- Interest Expenses for Q1 2026 stood at $19.8 million, down from $20.5 million in the prior quarter.
- The five-year high for Interest Expenses was $24.3 million in Q3 2024, with the low at $3.1 million in Q1 2022.
- Average Interest Expenses over 5 years is $17.3 million, with a median of $20.8 million recorded in 2023.
- Year-over-year, Interest Expenses soared 345.3% in 2023 and declined 11.69% in 2025.
- Tracing SPFI's Interest Expenses over 5 years: 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 decreased 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) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | -227,416.00 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 3.51 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 5.23 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 7.97 Bn |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | -22.86 Mn |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 2.48 Bn |
| 10 | South Plains Financial | 661.23 Mn | -70.93 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 |
| Sep 30, 2023 | 20.84 Mn |
| Sep 30, 2023 | 20.84 Mn |
| Jun 30, 2023 | 16.24 Mn |
| Jun 30, 2023 | 16.24 Mn |
| Mar 31, 2023 | 13.13 Mn |
| Mar 31, 2023 | 13.13 Mn |
| Dec 31, 2022 | 9.91 Mn |
| Dec 31, 2022 | 9.91 Mn |
| Sep 30, 2022 | 6.01 Mn |
| Sep 30, 2022 | 6.01 Mn |
| Jun 30, 2022 | 3.65 Mn |
| Jun 30, 2022 | 3.65 Mn |
| Mar 31, 2022 | 3.13 Mn |
| Mar 31, 2022 | 3.13 Mn |
| Dec 31, 2021 | 3.15 Mn |
| Dec 31, 2021 | 3.15 Mn |
| Sep 30, 2021 | 3.26 Mn |
| Sep 30, 2021 | 3.26 Mn |
| Jun 30, 2021 | 3.42 Mn |
| Jun 30, 2021 | 3.42 Mn |
| Mar 31, 2021 | 3.44 Mn |
| Mar 31, 2021 | 3.44 Mn |
| Dec 31, 2020 | 3.62 Mn |
| Dec 31, 2020 | 3.62 Mn |
| Sep 30, 2020 | 3.23 Mn |
| Sep 30, 2020 | 3.23 Mn |
| Jun 30, 2020 | 3.56 Mn |
| Jun 30, 2020 | 3.56 Mn |
| Mar 31, 2020 | 5.54 Mn |
| Mar 31, 2020 | 5.54 Mn |
| Dec 31, 2019 | 6.14 Mn |
| Dec 31, 2019 | 6.14 Mn |
| Sep 30, 2019 | 7.10 Mn |
| Sep 30, 2019 | 7.10 Mn |
| Jun 30, 2019 | 7.67 Mn |
| Jun 30, 2019 | 7.67 Mn |
| Mar 31, 2019 | 7.46 Mn |
| Mar 31, 2019 | 7.46 Mn |
| Dec 31, 2018 | 7.01 Mn |
| Dec 31, 2018 | 7.01 Mn |
| Sep 30, 2018 | 5.94 Mn |
| Sep 30, 2018 | 5.94 Mn |
| Jun 30, 2018 | 4.97 Mn |
| Jun 30, 2018 | 4.97 Mn |
| Mar 31, 2018 | 4.57 Mn |
| Mar 31, 2018 | 4.57 Mn |