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
DateValue
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