South Plains Financial (SPFI) Operating Expenses (2018 - 2026)

South Plains Financial (SPFI) recorded quarterly Operating Expenses of $35.5 million in Q1 2026, up 7.58% quarter-over-quarter from $33.0 million in Q4 2025, and up 7.56% on a YoY basis from $33.0 million in Q1 2025.

South Plains Financial (SPFI) Operating Expenses (2018 - 2026) Analysis & Trends

South Plains Financial's Operating Expenses history runs 9 years deep, the most recent figure standing at $35.5 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 7.56% year-over-year to $35.5 million; the TTM figure through Mar 2026 stood at $135.1 million (up 5.0% YoY), while the FY2025 annual figure was $132.6 million, up 3.95% from the prior year.
  • Operating Expenses was $35.5 million for Q1 2026 at South Plains Financial, up from $33.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $40.5 million in Q2 2023 to a low of $29.9 million in Q4 2024.
  • Historically, Operating Expenses has averaged $33.8 million across 5 years, with a median of $33.0 million in 2025.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses advanced 12.32% in 2023, then slipped 19.57% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $32.7 million in 2022, then declined by 6.45% to $30.6 million in 2023, then declined by 2.12% to $29.9 million in 2024, then gained by 10.27% to $33.0 million in 2025, then advanced by 7.58% to $35.5 million in 2026.
  • The last three Operating Expenses figures came in at $35.5 million (Q1 2026), $33.0 million (Q4 2025), and $33.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -287,925.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -3.86 Bn
4 First Capital 215.78 Bn 215.63 Bn - 7.75 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 11.90 Mn
7 NatWest 168.65 Bn -51.67 Bn - -2.75 Bn
8 Shinhan Financial 136.54 Bn 104.11 Bn - -1.06 Bn
9 Mizuho Financial 112.02 Bn 112.56 Bn - 137.67 Mn
10 South Plains Financial 691.74 Mn -40.42 Mn - 35.53 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 35.53 Mn
Dec 31, 2025 33.02 Mn
Sep 30, 2025 33.02 Mn
Jun 30, 2025 33.54 Mn
Mar 31, 2025 33.03 Mn
Dec 31, 2024 29.95 Mn
Sep 30, 2024 33.13 Mn
Jun 30, 2024 32.57 Mn
Mar 31, 2024 31.93 Mn
Dec 31, 2023 30.60 Mn
Sep 30, 2023 31.49 Mn
Jun 30, 2023 40.50 Mn
Mar 31, 2023 32.36 Mn
Dec 31, 2022 32.71 Mn
Sep 30, 2022 37.40 Mn
Jun 30, 2022 36.06 Mn
Mar 31, 2022 37.92 Mn
Dec 31, 2021 36.13 Mn
Sep 30, 2021 38.06 Mn
Jun 30, 2021 36.78 Mn