South Plains Financial (SPFI) Net Margin (2018 - 2026)
South Plains Financial (SPFI) posted Net Margin of 29.45% for Q2 2026, up 9.63% on a QoQ basis from 26.86% in Q1 2026, and up 273.0% year-over-year from 7.9% in Q2 2025.
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Analysis
South Plains Financial (SPFI) Net Margin (2018 - 2026) Analysis & Trends
South Plains Financial has reported Net Margin for 9 years, with the latest figure at 29.45% in Q2 2026.
- On a quarterly basis, Net Margin rose 273.0% year-over-year to 29.45% in Q2 2026; TTM through Jun 2026 was 28.5%, a 263.0% increase from a year earlier, with the FY2025 full-year figure at 27.02%, up 222.0% from the prior year.
- Net Margin was 29.45% for Q2 2026 at South Plains Financial, up from 26.86% in the prior quarter.
- The five-year high for Net Margin was 50.05% in Q2 2022, with the low at 20.54% in Q1 2023.
- Average Net Margin over 5 years is 31.4%, with a median of 27.78% recorded in 2025.
- The sharpest annual moves came in 2022 and 2024: Net Margin jumped 2372 bps in 2022, then sank 2781 bps in 2024.
- Over 5 years, Net Margin stood at 28.18% in 2022, then retreated by 17 bps to 23.29% in 2023, then soared by 32 bps to 30.63% in 2024, then retreated by 11 bps to 27.38% in 2025, then grew by 8 bps to 29.45% in 2026.
- The last three Net Margin figures came in at 29.45% (Q2 2026), 26.86% (Q1 2026), and 27.38% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 28.85% |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 23.30% |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 30.85% |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 24.18% |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 24.27% |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 28.79% |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 24.18% |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 864.86% |
| 10 | South Plains Financial | 826.66 Mn | 38.90 Mn | - | 29.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.45% |
| Mar 31, 2026 | 26.86% |
| Dec 31, 2025 | 27.38% |
| Sep 30, 2025 | 30.12% |
| Jun 30, 2025 | 26.72% |
| Mar 31, 2025 | 25.01% |
| Dec 31, 2024 | 30.63% |
| Sep 30, 2024 | 20.62% |
| Jun 30, 2024 | 22.91% |
| Mar 31, 2024 | 23.25% |
| Dec 31, 2023 | 23.29% |
| Sep 30, 2023 | 48.43% |
| Jun 30, 2023 | 36.33% |
| Mar 31, 2023 | 20.54% |
| Dec 31, 2022 | 28.18% |
| Sep 30, 2022 | 47.31% |
| Jun 30, 2022 | 50.05% |
| Mar 31, 2022 | 48.06% |
| Dec 31, 2021 | 25.32% |
| Sep 30, 2021 | 26.66% |
API Access
South Plains Financial Net Margin 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=net-margin&ticker=SPFI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=SPFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();