South Plains Financial (SPFI) Operating Expenses (2018 - 2026)
South Plains Financial (SPFI) posted quarterly Operating Expenses of $35.5 million for Q1 2026, up 7.56% year-over-year from $33.0 million in Q1 2025, and up 7.58% quarter-over-quarter from $33.0 million in Q4 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 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.
- The 5-year median for Operating Expenses is $33.0 million (2025), against an average of $33.8 million.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses gained 12.32% in 2023, then decreased 19.57% in 2024.
- South Plains Financial's Operating Expenses stood at $32.7 million in 2022, then dropped by 6.45% to $30.6 million in 2023, then dropped by 2.12% to $29.9 million in 2024, then rose by 10.27% to $33.0 million in 2025, then gained by 7.58% to $35.5 million in 2026.
- Business Quant data shows SPFI's Operating Expenses at $35.5 million in Q1 2026, $33.0 million in Q4 2025, and $33.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.84 Bn | 84.64 Bn | - | - |
| 2 | Pnc Financial Services | 97.68 Bn | 97.68 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 95.83 Bn | 95.83 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 74.70 Bn | -144.39 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.87 Bn | -81.44 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 70.95 Bn | 57.26 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.54 Bn | 61.54 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.53 Bn | 25.81 Bn | - | 2.11 Bn |
| 10 | South Plains Financial | 837.38 Mn | 49.63 Mn | - | 39.86 Mn |
Historic Data
Download 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 |