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

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

• On a quarterly basis, Operating Expenses rose 7.56% year-over-year to $35.5 million in Q1 2026; TTM through Mar 2026 was $135.1 million, a 5.0% increase from a year earlier, with the FY2025 full-year figure at $132.6 million, up 3.95% from the prior year.
• Operating Expenses climbed to $35.5 million in Q1 2026 per SPFI's latest filing, from $33.0 million in the prior quarter.
• Across five years, Operating Expenses topped out at $40.5 million in Q2 2023 and bottomed 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.
• Across the five-year window, Operating Expenses grew 12.32% in 2023 and declined 19.57% in 2024, its largest moves.
• Year by year, Operating Expenses 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.
• Per Business Quant, the three latest SPFI Operating Expenses figures stand at $35.5 million (Q1 2026), $33.0 million (Q4 2025), and $33.0 million (Q3 2025).