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

South Plains Financial has reported Operating Expenses for 9 years, with the latest figure at $35.5 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 7.56% year-over-year to $35.5 million; the trailing twelve-month figure through Mar 2026 stood at $135.1 million (up 5.0% YoY), and the FY2025 full-year result was $132.6 million, up 3.95% from the prior year.
• Operating Expenses for Q1 2026 stood at $35.5 million, up from $33.0 million in the prior quarter.
• The five-year high for Operating Expenses was $40.5 million in Q2 2023, with the low at $29.9 million in Q4 2024.
• Average Operating Expenses over 5 years is $33.8 million, with a median of $33.0 million recorded in 2025.
• Year-over-year, Operating Expenses grew 12.32% in 2023 and declined 19.57% in 2024.
• Tracing SPFI's Operating Expenses over 5 years: stood at $32.7 million in 2022, then fell by 6.45% to $30.6 million in 2023, then fell by 2.12% to $29.9 million in 2024, then advanced by 10.27% to $33.0 million in 2025, then climbed 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.

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