South Plains Financial (SPFI) Operating Expenses (2018 - 2026)
South Plains Financial (SPFI) posted Operating Expenses of $39.9 million for Q2 2026, up 12.21% on a QoQ basis from $35.5 million in Q1 2026, and up 18.84% year-over-year from $33.5 million in Q2 2025.
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Analysis
South Plains Financial (SPFI) Operating Expenses (2018 - 2026) Analysis & Trends
South Plains Financial has reported Operating Expenses for 9 years, with the latest figure at $39.9 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 18.84% year-over-year to $39.9 million in Q2 2026; TTM through Jun 2026 was $141.4 million, a 9.09% increase from a year earlier, with the FY2025 full-year figure at $132.6 million, up 3.95% from the prior year.
- Operating Expenses was $39.9 million for Q2 2026 at South Plains Financial, up from $35.5 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 $34.1 million, with a median of $33.0 million recorded in 2025.
- The sharpest annual moves came in 2024 and 2026: Operating Expenses dropped 19.57% in 2024, then advanced 18.84% in 2026.
- Over 5 years, Operating Expenses 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 grew by 20.72% to $39.9 million in 2026.
- The last three Operating Expenses figures came in at $39.9 million (Q2 2026), $35.5 million (Q1 2026), and $33.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 1.12 Bn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 1.22 Bn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 1.55 Bn |
| 10 | South Plains Financial | 826.66 Mn | 38.90 Mn | - | 39.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.86 Mn |
| 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 |
API Access
South Plains Financial Operating Expenses 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=operating-expenses&ticker=SPFI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=SPFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();